JB Capital LLC Invests $293,000 in Oracle Corporation $ORCL

JB Capital LLC bought a new position in Oracle Corporation (NYSE:ORCL - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 1,339 shares of the enterprise software provider's stock, valued at approximately $293,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in ORCL. Redmont Wealth Advisors LLC purchased a new stake in shares of Oracle in the 1st quarter worth approximately $27,000. Inlight Wealth Management LLC purchased a new stake in shares of Oracle in the 1st quarter worth approximately $28,000. Iron Horse Wealth Management LLC grew its stake in shares of 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 buying an additional 151 shares during the last quarter. Legend Financial Advisors Inc. purchased a new stake in shares of Oracle in the 2nd quarter worth approximately $34,000. Finally, HighMark Wealth Management LLC purchased a new stake in shares of Oracle in the 2nd quarter worth approximately $38,000. Hedge funds and other institutional investors own 42.44% of the company's stock.

Oracle Stock Performance

ORCL stock opened at $293.04 on Friday. Oracle Corporation has a 1 year low of $118.86 and a 1 year high of $345.72. The stock's fifty day moving average price is $266.69 and its 200-day moving average price is $209.86. The company has a market cap of $835.40 billion, a P/E ratio of 67.83, a price-to-earnings-growth ratio of 3.20 and a beta of 1.53. 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 announced 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). Oracle had a return on equity of 72.93% and a net margin of 21.08%.The company had revenue of $14.93 billion during the quarter, compared to the consensus estimate of $15.04 billion. During the same period in the prior year, the business posted $1.39 earnings per share. Oracle's revenue for the quarter was up 12.2% compared to the same quarter last year. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, equities analysts forecast that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Investors of record on Thursday, October 9th will be issued a $0.50 dividend. 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 currently 46.30%.

Analyst Upgrades and Downgrades

Several analysts have commented on ORCL shares. Citigroup reiterated a "buy" rating on shares of Oracle in a research note on Friday. Guggenheim increased their target price on Oracle from $250.00 to $375.00 and gave the company a "buy" rating in a research note on Wednesday, September 10th. Sanford C. Bernstein increased their target price on Oracle from $363.00 to $364.00 and gave the company an "outperform" rating in a research note on Friday, September 26th. Evercore ISI increased their target price on Oracle from $340.00 to $350.00 and gave the company an "outperform" rating in a research note on Friday. Finally, Berenberg Bank increased their target price on Oracle from $202.00 to $306.00 and gave the company a "hold" rating in a research note on Monday, September 15th. Three research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $306.71.

Insider Buying and Selling

In related 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 value of $770,655.96. Following the transaction, the director directly owned 31,447 shares of the company's stock, valued at approximately $7,337,214.04. This trade represents a 9.51% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed 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 stock was sold at an average price of $321.16, for a total value of $10,869,660.20. Following the completion of the transaction, the insider directly owned 132,656 shares in the company, valued at approximately $42,603,800.96. This represents a 20.33% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 104,314 shares of company stock valued at $31,272,223 in the last 90 days. 40.90% of the stock is owned by company 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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