Interchange Capital Partners LLC Lowers Position in Oracle Corporation $ORCL

Key Points

• Interchange Capital Partners LLC significantly reduced its stake in Oracle Corporation by 93.4% during the second quarter, now holding only 474 shares valued at approximately $104,000.
• Oracle's latest earnings report showed a missed EPS estimate at $1.47 versus the expected $1.48, with a revenue of $14.93 billion compared to an analyst expectation of $15.04 billion.
• The company announced a quarterly dividend of $0.50 per share, along with a yield of 0.7%, to be paid on October 23rd to investors of record on October 9th.

Interchange Capital Partners LLC cut its holdings in Oracle Corporation (NYSE:ORCL - Free Report) by 93.4% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 474 shares of the enterprise software provider's stock after selling 6,678 shares during the quarter. Interchange Capital Partners LLC's holdings in Oracle were worth $104,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. Harel Insurance Investments & Financial Services Ltd. raised its holdings in Oracle by 71.6% in the first 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 in the last quarter. Lockheed Martin Investment Management Co. raised its holdings in Oracle by 4.3% in the first 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 in the last quarter. Cascade Investment Group Inc. bought a new position in Oracle in the second quarter worth about $239,000. Lockerman Financial Group Inc. bought a new position in Oracle in the second quarter worth about $328,000. Finally, Elser Financial Planning Inc bought a new position in Oracle in the second quarter worth about $1,066,000. 42.44% of the stock is owned by hedge funds and other institutional investors.

Oracle Price Performance

Shares of NYSE ORCL opened at $299.33 on Wednesday. The business's 50 day moving average price is $268.67 and its 200 day moving average price is $212.52. The firm has a market cap of $853.32 billion, a P/E ratio of 69.29, a P/E/G ratio of 3.31 and a beta of 1.53. Oracle Corporation has a 52 week low of $118.86 and a 52 week high of $345.72. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 3.33.

Oracle (NYSE:ORCL - Get Free Report) last issued its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing analysts' consensus estimates of $1.48 by ($0.01). The firm had revenue of $14.93 billion during 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%. Oracle's quarterly revenue was up 12.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, sell-side analysts expect that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Investors of record on Thursday, October 9th will be given a $0.50 dividend. The ex-dividend date is Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a yield of 0.7%. Oracle's dividend payout ratio is currently 46.30%.

Insider Transactions at Oracle

In other Oracle news, insider Michael D. Sicilia sold 33,845 shares of the company's stock in a transaction that occurred on Tuesday, September 23rd. The stock was sold at an average price of $321.16, for a total value of $10,869,660.20. Following the sale, the insider owned 132,656 shares in the company, valued at approximately $42,603,800.96. This represents a 20.33% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Clayton M. Magouyrk sold 21,241 shares of the company's stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $297.11, for a total value of $6,310,913.51. Following the completion of the sale, 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. Insiders have sold 120,769 shares of company stock valued at $36,428,967 over the last quarter. Company insiders own 40.90% of the company's stock.

Analyst Upgrades and Downgrades

ORCL has been the subject of a number of recent research reports. Redburn Partners set a $175.00 target price on shares of Oracle in a report on Thursday, September 25th. Wolfe Research boosted their target price on shares of Oracle from $300.00 to $400.00 and gave the stock an "outperform" rating in a report on Wednesday, September 10th. Raymond James Financial restated a "strong-buy" rating on shares of Oracle in a report on Wednesday, June 18th. UBS Group set a $364.00 price objective on shares of Oracle in a report on Friday, September 26th. Finally, Stifel Nicolaus upped their price objective on shares of Oracle from $250.00 to $350.00 and gave the company a "buy" rating in a report on Wednesday, September 10th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $307.00.

Oracle Profile

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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