Joseph P. Lucia & Associates LLC Acquires New Shares in Oracle Corporation $ORCL

Key Points

• Joseph P. Lucia & Associates LLC acquired 931 shares of Oracle Corporation valued at approximately $204,000 during the second quarter, as revealed in a SEC filing.
• The company recently reported $1.47 earnings per share for the quarter, missing analysts' estimates, and had a revenue of $14.93 billion, lower than anticipated.
• Oracle announced a quarterly dividend of $0.50 per share, payable on October 23rd, representing a 0.7% dividend yield for shareholders of record on October 9th.

Joseph P. Lucia & Associates LLC bought a new position in shares of Oracle Corporation (NYSE:ORCL - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 931 shares of the enterprise software provider's stock, valued at approximately $204,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Reyes Financial Architecture Inc. lifted its position in Oracle by 7.2% in the second quarter. Reyes Financial Architecture Inc. now owns 643 shares of the enterprise software provider's stock valued at $141,000 after buying an additional 43 shares during the last quarter. Creative Capital Management Investments LLC raised its stake in shares of Oracle by 5.7% in the 2nd quarter. Creative Capital Management Investments LLC now owns 798 shares of the enterprise software provider's stock valued at $174,000 after acquiring an additional 43 shares during the period. MFA Wealth Services lifted its holdings in shares of Oracle by 1.0% in the 2nd quarter. MFA Wealth Services now owns 4,563 shares of the enterprise software provider's stock worth $998,000 after acquiring an additional 43 shares during the last quarter. Davis Investment Partners LLC lifted its holdings in shares of Oracle by 0.7% in the 2nd quarter. Davis Investment Partners LLC now owns 6,930 shares of the enterprise software provider's stock worth $1,517,000 after acquiring an additional 46 shares during the last quarter. Finally, Acropolis Investment Management LLC boosted its position in shares of Oracle by 2.6% during the 2nd quarter. Acropolis Investment Management LLC now owns 1,850 shares of the enterprise software provider's stock worth $404,000 after purchasing an additional 47 shares during the period. Hedge funds and other institutional investors own 42.44% of the company's stock.

Oracle Price Performance

ORCL stock opened at $291.95 on Monday. The business's 50-day moving average is $271.71 and its two-hundred day moving average is $216.40. The company has a debt-to-equity ratio of 3.33, a current ratio of 0.62 and a quick ratio of 0.62. The firm has a market capitalization of $832.28 billion, a P/E ratio of 67.58, a P/E/G ratio of 3.14 and a beta of 1.53. Oracle Corporation has a 1 year low of $118.86 and a 1 year high of $345.72.

Oracle (NYSE:ORCL - Get Free Report) last released 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 firm had revenue of $14.93 billion for the quarter, compared to analysts' expectations of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.The firm's quarterly revenue was up 12.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Analysts anticipate that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 23rd. Stockholders 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 dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, October 9th. Oracle's payout ratio is 46.30%.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on ORCL shares. Weiss Ratings raised Oracle from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Wednesday, October 8th. Cantor Fitzgerald lifted their price objective on Oracle from $271.00 to $400.00 and gave the company an "overweight" rating in a research note on Wednesday, September 10th. Bank of America raised Oracle from a "neutral" rating to a "buy" rating and increased their target price for the stock from $295.00 to $368.00 in a research note on Wednesday, September 10th. Robert W. Baird started coverage on Oracle in a research report on Wednesday, October 8th. They issued an "outperform" rating and a $365.00 target price for the company. Finally, Berenberg Bank increased their price target on shares of Oracle from $202.00 to $306.00 and gave the stock a "hold" rating in a research report on Monday, September 15th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $323.40.

Insider Activity

In other Oracle news, insider Clayton M. Magouyrk sold 21,241 shares of Oracle stock in a transaction dated 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. The trade was a 21.40% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Naomi O. Seligman sold 2,222 shares of the stock in a transaction dated Friday, September 26th. The shares were sold at an average price of $288.91, for a total value of $641,958.02. Following the completion of the transaction, the director owned 29,225 shares in the company, valued at approximately $8,443,394.75. The trade was a 7.07% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 120,769 shares of company stock valued at $36,428,967. Insiders own 40.90% of the company's stock.

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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