Knights of Columbus Asset Advisors LLC Has $9.48 Million Stock Holdings in Oracle Corporation $ORCL

Key Points

• Knights of Columbus Asset Advisors LLC increased its stake in Oracle Corporation by 10.3% during Q2, owning 43,378 shares valued at approximately $9.48 million by the end of the quarter.
• Oracle's recent quarterly earnings report showed $1.47 earnings per share, slightly missing analyst estimates, while revenue reached $14.93 billion, a year-over-year increase of 12.2%.
• The company has announced a quarterly dividend of $0.50, which will be paid on October 23rd, with a current annualized yield of 0.7%.

Knights of Columbus Asset Advisors LLC grew its position in Oracle Corporation (NYSE:ORCL - Free Report) by 10.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 43,378 shares of the enterprise software provider's stock after buying an additional 4,036 shares during the quarter. Knights of Columbus Asset Advisors LLC's holdings in Oracle were worth $9,484,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Nuveen LLC purchased a new stake in Oracle in the 1st quarter worth about $732,692,000. Vanguard Group Inc. grew its position 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 valued at $22,498,982,000 after purchasing an additional 3,513,464 shares in the last quarter. Kingstone Capital Partners Texas LLC acquired a new position in Oracle in the 2nd quarter valued at approximately $731,512,000. Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in Oracle by 79.2% in the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 4,638,951 shares of the enterprise software provider's stock worth $648,572,000 after buying an additional 2,049,687 shares in the last quarter. Finally, Assenagon Asset Management S.A. boosted its stake in shares of Oracle by 840.7% during the 2nd quarter. Assenagon Asset Management S.A. now owns 2,119,473 shares of the enterprise software provider's stock valued at $463,380,000 after buying an additional 1,894,157 shares during the period. Institutional investors and hedge funds own 42.44% of the company's stock.

Oracle Stock Down 0.9%

Shares of ORCL stock opened at $286.23 on Monday. Oracle Corporation has a 12 month low of $118.86 and a 12 month high of $345.72. The stock has a 50 day moving average of $262.53 and a 200-day moving average of $205.85. The firm has a market cap of $815.99 billion, a PE ratio of 66.26, a price-to-earnings-growth ratio of 3.08 and a beta of 1.53. 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 issued its quarterly 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 company had revenue of $14.93 billion during the quarter, compared to the consensus estimate of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. Oracle's revenue for the quarter was up 12.2% on a year-over-year basis. During the same period last year, the company earned $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, equities analysts predict that Oracle Corporation will post 5 EPS for the current year.

Oracle Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Investors of record on Thursday, October 9th will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Thursday, October 9th. Oracle's dividend payout ratio is presently 46.30%.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the stock. Citigroup reaffirmed an "outperform" rating on shares of Oracle in a research note on Wednesday, September 10th. Melius Research lifted their price target on Oracle from $270.00 to $370.00 and gave the company a "buy" rating in a report on Wednesday, September 10th. Cowen restated a "buy" rating and issued a $375.00 price objective on shares of Oracle in a report on Wednesday, September 10th. Sanford C. Bernstein raised their price objective on shares of Oracle from $363.00 to $364.00 and gave the company an "outperform" rating in a research report on Friday, September 26th. Finally, Wolfe Research boosted their target price on shares of Oracle from $300.00 to $400.00 and gave the stock an "outperform" rating in a research report on Wednesday, September 10th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Oracle has an average rating of "Moderate Buy" and an average price target of $304.71.

Insider Transactions at Oracle

In related news, Director William G. Parrett sold 11,500 shares of the stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $306.00, for a total value of $3,519,000.00. Following the completion of the transaction, the director owned 17,764 shares of the company's stock, valued at $5,435,784. This represents a 39.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Michael D. Sicilia sold 33,845 shares of the firm's stock in a transaction dated Tuesday, September 23rd. The stock was sold at an average price of $321.16, for a total transaction of $10,869,660.20. Following the transaction, the insider 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 disclosure for this sale can be found here. Insiders sold 104,314 shares of company stock valued at $31,272,223 in the last ninety days. 40.90% of the stock is owned by company insiders.

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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