JGP Wealth Management LLC Has $3.63 Million Stock Holdings in Oracle Corporation $ORCL

Key Points

• JGP Wealth Management LLC reduced its stake in Oracle Corporation by 8.2%, now holding shares valued at $3.63 million.
• Oracle's recent quarterly earnings missed expectations with $1.47 earnings per share, while revenue was $14.93 billion, below analysts' forecasts.
• A quarterly dividend of $0.50 per share has been announced, with a dividend yield of 0.6%, highlighting a payout ratio of 46.30%.

JGP Wealth Management LLC trimmed its position in Oracle Corporation (NYSE:ORCL - Free Report) by 8.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,614 shares of the enterprise software provider's stock after selling 1,479 shares during the quarter. JGP Wealth Management LLC's holdings in Oracle were worth $3,632,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in Oracle by 2.2% during the first quarter. Vanguard Group Inc. now owns 160,925,413 shares of the enterprise software provider's stock worth $22,498,982,000 after buying an additional 3,513,464 shares during the last quarter. Northern Trust Corp boosted its holdings in Oracle by 0.6% during the first quarter. Northern Trust Corp now owns 19,741,423 shares of the enterprise software provider's stock worth $2,760,048,000 after buying an additional 120,889 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in Oracle by 0.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 13,884,524 shares of the enterprise software provider's stock worth $1,941,195,000 after buying an additional 59,164 shares during the last quarter. Amundi boosted its holdings in Oracle by 3.3% during the first quarter. Amundi now owns 12,736,855 shares of the enterprise software provider's stock worth $1,749,280,000 after buying an additional 409,691 shares during the last quarter. Finally, Polen Capital Management LLC boosted its holdings in Oracle by 17.6% during the first quarter. Polen Capital Management LLC now owns 12,609,101 shares of the enterprise software provider's stock worth $1,762,878,000 after buying an additional 1,885,370 shares during the last quarter. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Oracle Stock Up 5.2%

NYSE:ORCL opened at $308.14 on Tuesday. The firm has a market capitalization of $878.43 billion, a price-to-earnings ratio of 71.33, a price-to-earnings-growth ratio of 3.15 and a beta of 1.53. Oracle Corporation has a twelve month low of $118.86 and a twelve month high of $345.72. The stock's 50 day moving average price is $267.80 and its two-hundred day moving average price is $211.91. 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 posted its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share for the quarter, missing analysts' consensus estimates of $1.48 by ($0.01). The business had revenue of $14.93 billion for the quarter, compared to analyst estimates of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.The firm's revenue was up 12.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.39 earnings per share. 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 fiscal year.

Oracle Announces Dividend

The firm 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 dividend of $0.50 per share. The ex-dividend date of this dividend is Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.6%. Oracle's payout ratio is presently 46.30%.

Insiders Place Their Bets

In related news, Director Naomi O. Seligman sold 3,303 shares of the business's stock in a transaction that occurred on Wednesday, July 16th. The stock was sold at an average price of $233.32, for a total transaction 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. The trade was a 9.51% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Clayton M. Magouyrk sold 21,241 shares of the business'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 transaction, the insider directly owned 78,000 shares in the company, valued at $23,174,580. The trade was a 21.40% 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 over the last 90 days. 40.90% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

ORCL has been the topic of several recent analyst reports. Raymond James Financial reiterated a "strong-buy" rating on shares of Oracle in a report on Wednesday, June 18th. JMP Securities reiterated a "market outperform" rating and set a $342.00 price objective on shares of Oracle in a report on Wednesday, September 24th. Wolfe Research lifted their price objective on Oracle from $300.00 to $400.00 and gave the company an "outperform" rating in a report on Wednesday, September 10th. Melius Research lifted their price objective on Oracle from $270.00 to $370.00 and gave the company a "buy" rating in a report on Wednesday, September 10th. Finally, Rothschild Redb upgraded Oracle to a "strong sell" rating in a report on Thursday, September 25th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat, Oracle presently has an average rating of "Moderate Buy" and an average price target of $307.00.

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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