Hudson Valley Investment Advisors Inc. ADV Cuts Stake in Oracle Corporation $ORCL

Key Points

• Hudson Valley Investment Advisors Inc. ADV reduced its stake in Oracle Corporation by 7.6%, owning 15,505 shares worth $3.39 million after selling 1,277 shares in the second quarter.
• Oracle reported a quarterly earnings per share (EPS) of $1.47, slightly missing estimates, while experiencing a 12.2% year-over-year revenue increase to $14.93 billion.
• The company declared a quarterly dividend of $0.50 per share, with a total annualized dividend of $2.00, representing a dividend yield of 0.7%.

Hudson Valley Investment Advisors Inc. ADV lowered its position in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 7.6% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 15,505 shares of the enterprise software provider's stock after selling 1,277 shares during the quarter. Hudson Valley Investment Advisors Inc. ADV's holdings in Oracle were worth $3,390,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of ORCL. Nuveen LLC purchased a new position in Oracle during the 1st quarter worth $732,692,000. Vanguard Group Inc. raised its position in Oracle by 2.2% during the 1st quarter. Vanguard Group Inc. now owns 160,925,413 shares of the enterprise software provider's stock worth $22,498,982,000 after buying an additional 3,513,464 shares during the last quarter. Kingstone Capital Partners Texas LLC purchased a new position in Oracle during the 2nd quarter worth $731,512,000. Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in shares of Oracle by 79.2% in the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 4,638,951 shares of the enterprise software provider's stock valued at $648,572,000 after purchasing an additional 2,049,687 shares in the last quarter. Finally, Assenagon Asset Management S.A. increased its holdings in shares of Oracle by 840.7% in the 2nd quarter. Assenagon Asset Management S.A. now owns 2,119,473 shares of the enterprise software provider's stock valued at $463,380,000 after purchasing an additional 1,894,157 shares in the last quarter. Hedge funds and other institutional investors own 42.44% of the company's stock.

Oracle Price Performance

Oracle stock opened at $286.23 on Friday. Oracle Corporation has a 12-month low of $118.86 and a 12-month high of $345.72. The stock has a market capitalization of $815.99 billion, a P/E ratio of 66.26, a P/E/G ratio of 3.11 and a beta of 1.53. The firm's 50-day moving average is $262.53 and its two-hundred day moving average is $205.11. The company has a debt-to-equity ratio of 3.33, a current ratio of 0.62 and a quick ratio of 0.62.

Oracle (NYSE:ORCL - Get Free Report) last released its quarterly earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.48 by ($0.01). Oracle had a return on equity of 72.93% and a net margin of 21.08%.The firm had revenue of $14.93 billion for the quarter, compared to analyst estimates of $15.04 billion. During the same period in the prior year, the business earned $1.39 earnings per share. Oracle's revenue for the quarter was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Equities analysts predict that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th will be paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, October 9th. Oracle's dividend payout ratio (DPR) is currently 46.30%.

Insider Activity at Oracle

In other Oracle news, Director Naomi O. Seligman sold 2,222 shares of the firm's stock in a transaction dated Friday, September 26th. The shares were sold at an average price of $288.91, for a total transaction of $641,958.02. Following the sale, the director directly owned 29,225 shares of the company's stock, valued at $8,443,394.75. This trade represents a 7.07% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Rona Alison Fairhead purchased 480 shares of the firm's stock in a transaction on Monday, July 7th. The shares were purchased at an average cost of $233.87 per share, for a total transaction of $112,257.60. Following the completion of the purchase, the director directly owned 22,110 shares in the company, valued at $5,170,865.70. The trade was a 2.22% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders sold 104,314 shares of company stock worth $31,272,223 over the last three months. Company insiders own 42.20% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on ORCL. Bank of America upgraded shares of Oracle from a "neutral" rating to a "buy" rating and increased their price target for the company from $295.00 to $368.00 in a report on Wednesday, September 10th. Piper Sandler increased their price target on shares of Oracle from $270.00 to $330.00 and gave the company an "overweight" rating in a report on Wednesday, September 10th. Citigroup reiterated an "outperform" rating on shares of Oracle in a report on Wednesday, September 10th. KeyCorp increased their price target on shares of Oracle from $200.00 to $225.00 and gave the company an "overweight" rating in a report on Thursday, June 12th. Finally, Wolfe Research increased their price target on shares of Oracle from $300.00 to $400.00 and gave the company an "outperform" rating in a report on Wednesday, September 10th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Oracle currently has a consensus rating of "Moderate Buy" and an average target price of $304.71.

About Oracle

Oracle Corporation offers products and services that address enterprise information technology environments worldwide. Its Oracle cloud software as a service offering include various cloud software applications, including Oracle Fusion cloud enterprise resource planning (ERP), Oracle Fusion cloud enterprise performance management, Oracle Fusion cloud supply chain and manufacturing management, Oracle Fusion cloud human capital management, Oracle Cerner healthcare, Oracle Advertising, and NetSuite applications suite, as well as Oracle Fusion Sales, Service, and Marketing.

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