Instrumental Wealth LLC Makes New Investment in Oracle Corporation $ORCL

Key Points

• Instrumental Wealth LLC has made a new investment in Oracle Corporation, purchasing 969 shares valued at approximately $228,000 in the 2nd quarter.
• In recent insider transactions, Director Naomi O. Seligman sold 3,303 shares, and insider Clayton M. Magouyrk sold 21,241 shares, indicating a decrease in their ownership positions.
• Oracle recently declared a quarterly dividend of $0.50 per share, representing a $2.00 annualized dividend and a yield of 0.7%, with a payout ratio of 46.30%.

Instrumental Wealth LLC purchased a new position in Oracle Corporation (NYSE:ORCL - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 969 shares of the enterprise software provider's stock, valued at approximately $228,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Harel Insurance Investments & Financial Services Ltd. boosted its stake in Oracle by 71.6% in the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 257,378 shares of the enterprise software provider's stock worth $35,984,000 after purchasing an additional 107,404 shares during the period. Lockheed Martin Investment Management Co. boosted its stake in Oracle by 4.3% in the 1st quarter. Lockheed Martin Investment Management Co. now owns 51,350 shares of the enterprise software provider's stock worth $7,179,000 after purchasing an additional 2,110 shares during the period. Canoe Financial LP boosted its stake in Oracle by 314.8% in the 2nd quarter. Canoe Financial LP now owns 484,098 shares of the enterprise software provider's stock worth $105,838,000 after purchasing an additional 367,400 shares during the period. Strs Ohio bought a new position in Oracle in the 1st quarter worth approximately $108,572,000. Finally, CBM Financial LLC purchased a new position in shares of Oracle in the first quarter valued at $356,000. 42.44% of the stock is currently owned by institutional investors.

Insider Activity

In other news, Director Naomi O. Seligman sold 3,303 shares of the firm's stock in a transaction on Wednesday, July 16th. The stock was sold at an average price of $233.32, for a total transaction of $770,655.96. Following the transaction, the director owned 31,447 shares in the company, valued at approximately $7,337,214.04. This trade represents a 9.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Clayton M. Magouyrk sold 21,241 shares of the firm's stock in a transaction on Friday, September 12th. The shares were sold at an average price of $297.11, for a total value of $6,310,913.51. Following the transaction, the insider owned 78,000 shares in the company, valued at approximately $23,174,580. This represents a 21.40% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 112,092 shares of company stock valued at $32,960,165. Company insiders own 42.20% of the company's stock.

Oracle Stock Performance

Shares of Oracle stock opened at $283.29 on Friday. The firm has a market cap of $805.03 billion, a P/E ratio of 65.58, a P/E/G ratio of 3.13 and a beta of 1.46. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.33. Oracle Corporation has a 12 month low of $118.86 and a 12 month high of $345.72. The stock's fifty day moving average price is $258.19 and its 200-day moving average price is $200.44.

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

Oracle Dividend Announcement

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

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. Bank of America raised shares of Oracle from a "neutral" rating to a "buy" rating and raised their target price for the company from $295.00 to $368.00 in a report on Wednesday, September 10th. BNP Paribas set a $377.00 price target on Oracle in a research report on Wednesday, September 10th. Jefferies Financial Group raised their price target on Oracle from $270.00 to $360.00 and gave the stock a "buy" rating in a research report on Wednesday, September 10th. JMP Securities restated a "market outperform" rating and issued a $342.00 price target on shares of Oracle in a research report on Wednesday. Finally, Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and set a $240.00 target price (up from $200.00) on shares of Oracle in a research report on Thursday, June 12th. Two research analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, Oracle has an average rating of "Moderate Buy" and a consensus 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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