Investment Planning Advisors Inc. Takes $216,000 Position in Oracle Corporation $ORCL

Key Points

• Investment Planning Advisors Inc. has acquired a new stake in Oracle Corporation, investing approximately $216,000 for 987 shares during the second quarter.
• Oracle reported earnings of $1.47 per share, missing expectations by $0.01, and its revenue for the quarter was $14.93 billion, below estimates of $15.04 billion.
• The company announced a quarterly dividend of $0.50 per share, set to be paid on October 23rd, representing an annual yield of 0.7%.

Investment Planning Advisors Inc. acquired a new stake in Oracle Corporation (NYSE:ORCL - Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 987 shares of the enterprise software provider's stock, valued at approximately $216,000.

A number of other institutional investors have also modified their holdings of the company. Triad Wealth Partners LLC grew its stake in shares of Oracle by 52.5% in the second quarter. Triad Wealth Partners LLC now owns 3,672 shares of the enterprise software provider's stock valued at $803,000 after buying an additional 1,264 shares in the last quarter. Jmac Enterprises LLC acquired a new stake in shares of Oracle in the second quarter valued at $299,000. Syntax Research Inc. grew its stake in Oracle by 13.6% during the 2nd quarter. Syntax Research Inc. now owns 12,501 shares of the enterprise software provider's stock worth $2,733,000 after purchasing an additional 1,501 shares in the last quarter. Patriot Financial Group Insurance Agency LLC grew its stake in Oracle by 21.1% during the 2nd quarter. Patriot Financial Group Insurance Agency LLC now owns 22,706 shares of the enterprise software provider's stock worth $4,964,000 after purchasing an additional 3,959 shares in the last quarter. Finally, Tower View Wealth Management LLC acquired a new position in Oracle during the 2nd quarter worth $196,000. 42.44% of the stock is owned by institutional investors and hedge funds.

Oracle Stock Up 0.1%

Oracle stock opened at $289.18 on Friday. Oracle Corporation has a fifty-two week low of $118.86 and a fifty-two week high of $345.72. The company has a debt-to-equity ratio of 3.33, a quick ratio of 0.62 and a current ratio of 0.62. The company has a market capitalization of $824.39 billion, a P/E ratio of 66.94, a PEG ratio of 3.11 and a beta of 1.53. The stock has a 50-day simple moving average of $261.71 and a 200-day simple moving average of $204.17.

Oracle (NYSE:ORCL - Get Free Report) last posted its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share for the quarter, missing the consensus estimate of $1.48 by ($0.01). Oracle had a net margin of 21.08% and a return on equity of 72.93%. The firm had revenue of $14.93 billion during the quarter, compared to analysts' expectations of $15.04 billion. During the same period in the previous year, the firm posted $1.39 earnings per share. The firm'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 research analysts expect that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Dividend Announcement

The business also recently disclosed 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. The ex-dividend date of this dividend is Thursday, October 9th. This represents a $2.00 annualized dividend and a yield of 0.7%. Oracle's dividend payout ratio is currently 46.30%.

Analysts Set New Price Targets

ORCL has been the subject of several analyst reports. Morgan Stanley boosted their target price on Oracle from $246.00 to $320.00 and gave the stock an "equal weight" rating in a research note on Tuesday, September 23rd. Piper Sandler boosted their target price on Oracle from $270.00 to $330.00 and gave the stock an "overweight" rating in a research note on Wednesday, September 10th. Stifel Nicolaus boosted their target price on Oracle from $250.00 to $350.00 and gave the stock a "buy" rating in a research note on Wednesday, September 10th. Rothschild & Co Redburn initiated coverage on Oracle in a research note on Thursday, September 25th. They set a "sell" rating and a $175.00 target price for the company. Finally, Roth Capital reissued a "hold" rating on shares of Oracle in a research note on Wednesday, June 18th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, Oracle presently has an average rating of "Moderate Buy" and an average target price of $304.71.

Insider Activity

In other Oracle news, 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 transaction of $6,310,913.51. Following the completion of the sale, the insider directly owned 78,000 shares of the company's stock, valued at $23,174,580. This represents a 21.40% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director William G. Parrett sold 11,500 shares of the company's stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $306.00, for a total value of $3,519,000.00. Following the sale, the director directly owned 17,764 shares of the company's stock, valued at approximately $5,435,784. This represents a 39.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 104,314 shares of company stock worth $31,272,223 over the last quarter. 42.20% of the stock is owned by insiders.

Oracle Company 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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