KPP Advisory Services LLC Acquires 1,704 Shares of Oracle Corporation $ORCL

Key Points

• KPP Advisory Services LLC increased its holdings in Oracle Corporation by 41.7% during the second quarter, now owning a total of 5,793 shares valued at approximately $1.27 million.
• Oracle's recent quarterly earnings report showed earnings per share of $1.47, missing estimates by $0.01, despite a year-over-year revenue increase of 12.2%.
• The company announced a quarterly dividend of $0.50 per share, with a payment date set for October 23rd, reflecting an annualized yield of 0.7%.

KPP Advisory Services LLC grew its holdings in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 41.7% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,793 shares of the enterprise software provider's stock after purchasing an additional 1,704 shares during the period. KPP Advisory Services LLC's holdings in Oracle were worth $1,267,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. First Citizens Bank & Trust Co. increased its stake in Oracle by 22.2% during the 2nd quarter. First Citizens Bank & Trust Co. now owns 86,565 shares of the enterprise software provider's stock worth $18,926,000 after acquiring an additional 15,712 shares during the period. Bleakley Financial Group LLC lifted its position in shares of Oracle by 4.5% during the 2nd quarter. Bleakley Financial Group LLC now owns 45,976 shares of the enterprise software provider's stock valued at $10,052,000 after acquiring an additional 1,966 shares during the period. Warther Private Wealth LLC grew its holdings in shares of Oracle by 5.9% during the 2nd quarter. Warther Private Wealth LLC now owns 4,035 shares of the enterprise software provider's stock worth $882,000 after purchasing an additional 225 shares in the last quarter. Silver Oak Wealth Advisors Services LLC bought a new position in shares of Oracle in the second quarter worth $264,000. Finally, Red Crane Wealth Management LLC raised its stake in Oracle by 2.4% in the second quarter. Red Crane Wealth Management LLC now owns 2,664 shares of the enterprise software provider's stock valued at $582,000 after purchasing an additional 62 shares in the last quarter. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Oracle Stock Down 0.6%

Shares of NYSE:ORCL opened at $273.50 on Thursday. Oracle Corporation has a 52-week low of $118.86 and a 52-week high of $345.72. The company has a market capitalization of $779.69 billion, a PE ratio of 63.20, a price-to-earnings-growth ratio of 2.96 and a beta of 1.53. The company has a debt-to-equity ratio of 3.33, a quick ratio of 0.62 and a current ratio of 0.62. The company has a fifty day moving average of $273.18 and a 200-day moving average of $218.22.

Oracle (NYSE:ORCL - Get Free Report) last issued its quarterly earnings data 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 the consensus estimate of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.The company's revenue was up 12.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.39 EPS. 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 fiscal year.

Oracle Dividend Announcement

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 related news, Director William G. Parrett sold 11,500 shares of the stock in a transaction on Friday, September 12th. The stock was sold at an average price of $306.00, for a total value of $3,519,000.00. Following the completion of the sale, the director directly owned 17,764 shares in the company, 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 Clayton M. Magouyrk sold 21,241 shares of the stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $297.11, for a total value 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 approximately $23,174,580. The trade was a 21.40% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 120,769 shares of company stock valued at $36,428,967 over the last quarter. 40.90% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. Weiss Ratings upgraded shares of Oracle from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Wednesday, October 8th. Redburn Partners set a $175.00 price target on shares of Oracle in a report on Thursday, September 25th. UBS Group lifted their price objective on shares of Oracle from $360.00 to $380.00 and gave the company a "buy" rating in a research note on Friday, October 17th. JMP Securities restated a "market outperform" rating and set a $342.00 target price on shares of Oracle in a research note on Friday, October 17th. Finally, JPMorgan Chase & Co. raised their target price on Oracle from $185.00 to $210.00 and gave the company a "neutral" rating in a report on Monday, September 8th. Three analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, nine have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $323.69.

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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