Janney Montgomery Scott LLC Purchases 35,149 Shares of Oracle Corporation $ORCL

Key Points

• Janney Montgomery Scott LLC increased its stake in Oracle Corporation by 9.8%, acquiring an additional 35,149 shares, bringing their total holdings to 394,451 shares valued at approximately $86.2 million.
• Analysts have a consensus "Moderate Buy" rating on Oracle stock, with a consensus price target of around $304.71, amid recent price target upgrades from various brokerages.
• Oracle recently declared a quarterly dividend of $0.50 per share, scheduled for payment on October 23rd, reflecting an annualized yield of 0.7%.

Janney Montgomery Scott LLC boosted its position in Oracle Corporation (NYSE:ORCL - Free Report) by 9.8% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 394,451 shares of the enterprise software provider's stock after acquiring an additional 35,149 shares during the period. Janney Montgomery Scott LLC's holdings in Oracle were worth $86,239,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Legend Financial Advisors Inc. bought a new stake in Oracle in the 2nd quarter worth $34,000. Redmont Wealth Advisors LLC bought a new stake in Oracle in the 1st quarter worth $27,000. Inlight Wealth Management LLC bought a new stake in Oracle in the 1st quarter worth $28,000. Iron Horse Wealth Management LLC grew its holdings in Oracle by 284.9% in the 1st quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider's stock worth $29,000 after acquiring an additional 151 shares during the last quarter. Finally, Family Legacy Financial Solutions LLC bought a new stake in Oracle in the 2nd quarter worth $60,000. Institutional investors own 42.44% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on ORCL. BNP Paribas set a $377.00 price target on shares of Oracle in a report on Wednesday, September 10th. CIBC reaffirmed a "buy" rating on shares of Oracle in a research note on Monday, June 9th. Oppenheimer reaffirmed an "outperform" rating on shares of Oracle in a research note on Wednesday, June 18th. Wolfe Research lifted their target price on shares of Oracle from $300.00 to $400.00 and gave the company an "outperform" rating in a research note on Wednesday, September 10th. Finally, Morgan Stanley lifted their target price on shares of Oracle from $246.00 to $320.00 and gave the company an "equal weight" rating in a research note on Tuesday, September 23rd. Two 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 given a Sell rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $304.71.

Oracle Trading Down 0.3%

Shares of NYSE ORCL opened at $282.68 on Tuesday. Oracle Corporation has a 1 year low of $118.86 and a 1 year high of $345.72. The stock has a market cap of $803.29 billion, a P/E ratio of 65.44, a price-to-earnings-growth ratio of 3.05 and a beta of 1.46. The firm has a 50-day moving average of $258.97 and a 200 day moving average of $202.09. 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 issued its quarterly earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.48 by ($0.01). Oracle had a net margin of 21.08% and a return on equity of 72.93%. The business had revenue of $14.93 billion for the quarter, compared to analysts' expectations of $15.04 billion. During the same period last year, the business earned $1.39 earnings per share. The company's revenue was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, sell-side analysts expect that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Announces Dividend

The firm 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 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Thursday, October 9th. Oracle's dividend payout ratio (DPR) is 46.30%.

Insider Activity at Oracle

In related news, insider Michael D. Sicilia sold 33,845 shares of Oracle stock in a transaction dated 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 completion of the transaction, the insider directly owned 132,656 shares of the company's stock, valued at $42,603,800.96. This trade represents a 20.33% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director William G. Parrett sold 11,500 shares of the firm's stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $306.00, for a total transaction of $3,519,000.00. Following the sale, the director 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 a total of 112,092 shares of company stock worth $32,960,165 over the last 90 days. 42.20% of the stock is currently owned by insiders.

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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