Jackson Wealth Management LLC Acquires 14,395 Shares of Oracle Corporation $ORCL

Key Points

• Jackson Wealth Management LLC increased its stake in Oracle Corporation by 43.2%, acquiring an additional 14,395 shares, bringing its total holdings to 47,716 shares, valued at approximately $10.43 million.
• Oracle recently reported quarterly earnings of $1.47 EPS, missing estimates, with a revenue of $14.93 billion, reflecting a 12.2% year-over-year increase.
• The company declared a quarterly dividend of $0.50 per share, with a yield of 0.7%, to be paid on October 23rd to shareholders of record as of October 9th.

Jackson Wealth Management LLC increased its holdings in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 43.2% during the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 47,716 shares of the enterprise software provider's stock after purchasing an additional 14,395 shares during the period. Oracle accounts for 1.1% of Jackson Wealth Management LLC's holdings, making the stock its 23rd biggest holding. Jackson Wealth Management LLC's holdings in Oracle were worth $10,432,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Redmont Wealth Advisors LLC purchased a new position in Oracle in the first quarter worth $27,000. Inlight Wealth Management LLC purchased a new position in Oracle during the 1st quarter worth $28,000. Iron Horse Wealth Management LLC grew its stake in Oracle by 284.9% during the 1st quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider's stock worth $29,000 after buying an additional 151 shares during the last quarter. Legend Financial Advisors Inc. purchased a new position in Oracle during the 2nd quarter worth $34,000. Finally, HighMark Wealth Management LLC purchased a new position in Oracle during the 2nd quarter worth $38,000. 42.44% of the stock is currently owned by institutional investors.

Oracle Stock Down 0.9%

ORCL stock opened at $286.23 on Friday. The firm has a market cap of $815.99 billion, a PE ratio of 66.26, a P/E/G ratio of 3.11 and a beta of 1.53. 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 firm's fifty day moving average is $262.53 and its 200 day moving average is $205.11. Oracle Corporation has a one year low of $118.86 and a one year high of $345.72.

Oracle (NYSE:ORCL - Get Free Report) last released 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 analyst estimates of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. The firm's quarterly revenue was up 12.2% compared to the same quarter last year. 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, research analysts forecast that Oracle Corporation will post 5 EPS for the current year.

Oracle Announces Dividend

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

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on ORCL. Rothschild Redb upgraded Oracle to a "strong sell" rating in a research note on Thursday, September 25th. Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a $240.00 target price (up from $200.00) on shares of Oracle in a research note on Thursday, June 12th. Melius Research raised their price target on shares of Oracle from $270.00 to $370.00 and gave the stock a "buy" rating in a report on Wednesday, September 10th. Redburn Partners set a $175.00 price target on shares of Oracle in a report on Thursday, September 25th. Finally, The Goldman Sachs Group raised their price target on shares of Oracle from $195.00 to $310.00 and gave the stock a "neutral" rating in a report on Monday, September 15th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat, Oracle has an average rating of "Moderate Buy" and a consensus price target of $304.71.

Insider Activity at Oracle

In other news, Director Rona Alison Fairhead purchased 480 shares of the company's stock in a transaction that occurred on Monday, July 7th. The shares were bought at an average price of $233.87 per share, for a total transaction of $112,257.60. Following the completion of the transaction, the director owned 22,110 shares in the company, valued at $5,170,865.70. This represents a 2.22% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Michael D. Sicilia sold 33,845 shares of the firm's stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $321.16, for a total transaction 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 disclosure for this sale can be found here. Insiders have sold 104,314 shares of company stock valued at $31,272,223 in the last quarter. 42.20% of the stock is currently 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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