Journey Advisory Group LLC Sells 1,258 Shares of Oracle Corporation $ORCL

Key Points

• Journey Advisory Group LLC reduced its stake in Oracle Corporation by 5.6%, selling 1,258 shares, resulting in a total of 21,366 shares valued at $4.67 million.
• Oracle recently reported earnings of $1.47 per share, slightly missing analysts' expectations, with revenue reaching $14.93 billion for the quarter, indicating a 12.2% increase from the previous year.
• Oracle announced a quarterly dividend of $0.50 per share, representing a yield of 0.7%, with the payment scheduled for October 23rd.

Journey Advisory Group LLC lessened its position in Oracle Corporation (NYSE:ORCL - Free Report) by 5.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,366 shares of the enterprise software provider's stock after selling 1,258 shares during the period. Journey Advisory Group LLC's holdings in Oracle were worth $4,671,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of ORCL. Vanguard Group Inc. raised its stake in Oracle by 2.2% in the 1st quarter. Vanguard Group Inc. now owns 160,925,413 shares of the enterprise software provider's stock worth $22,498,982,000 after purchasing an additional 3,513,464 shares in the last quarter. Northern Trust Corp raised its stake in Oracle by 0.6% in the 1st quarter. Northern Trust Corp now owns 19,741,423 shares of the enterprise software provider's stock worth $2,760,048,000 after purchasing an additional 120,889 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Oracle by 0.4% in the 1st 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 purchasing an additional 59,164 shares in the last quarter. Amundi raised its stake in Oracle by 3.3% in the 1st quarter. Amundi now owns 12,736,855 shares of the enterprise software provider's stock worth $1,749,280,000 after purchasing an additional 409,691 shares in the last quarter. Finally, Polen Capital Management LLC raised its position in shares of Oracle by 17.6% in the 1st quarter. Polen Capital Management LLC now owns 12,609,101 shares of the enterprise software provider's stock valued at $1,762,878,000 after buying an additional 1,885,370 shares in the last quarter. Institutional investors own 42.44% of the company's stock.

Oracle Trading Down 6.7%

ORCL opened at $291.95 on Monday. Oracle Corporation has a fifty-two week low of $118.86 and a fifty-two week high of $345.72. 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 price-to-earnings ratio of 67.58, a PEG ratio of 3.14 and a beta of 1.53. The company's 50 day moving average price is $271.71 and its two-hundred day moving average price is $216.40.

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). Oracle had a return on equity of 72.93% and a net margin of 21.08%.The business had revenue of $14.93 billion for the quarter, compared to the consensus estimate of $15.04 billion. During the same period in the previous year, the firm earned $1.39 earnings per share. The company's revenue was up 12.2% compared to the same quarter last year. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, research analysts predict that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th will be issued 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 payout ratio is presently 46.30%.

Insider Buying and Selling

In other news, insider Michael D. Sicilia sold 33,845 shares of the company's stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $321.16, for a total value of $10,869,660.20. Following the sale, the insider directly owned 132,656 shares of the company's stock, valued at approximately $42,603,800.96. This represents a 20.33% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director William G. Parrett sold 11,500 shares of the company's stock in a transaction on 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 completion of the sale, the director directly owned 17,764 shares in the company, 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. In the last 90 days, insiders sold 120,769 shares of company stock worth $36,428,967. Corporate insiders own 40.90% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on ORCL shares. TD Cowen boosted their target price on shares of Oracle from $325.00 to $375.00 and gave the company a "buy" rating in a research report on Wednesday, September 10th. BNP Paribas set a $377.00 target price on shares of Oracle in a research report on Wednesday, September 10th. JMP Securities restated a "market outperform" rating and issued a $342.00 target price on shares of Oracle in a research report on Friday. Berenberg Bank boosted their target price on shares of Oracle from $202.00 to $306.00 and gave the company a "hold" rating in a research report on Monday, September 15th. Finally, Wolfe Research lifted their price target on shares of Oracle from $300.00 to $400.00 and gave the company an "outperform" rating in a report on Wednesday, September 10th. Three research analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $323.40.

Oracle 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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