Oracle Corporation $ORCL is Lewis Asset Management LLC's 7th Largest Position

Key Points

• Lewis Asset Management LLC increased its stake in Oracle Corporation by 161.6%, acquiring an additional 11,991 shares, making Oracle the firm's 7th largest holding, valued at approximately $4.2 million.
• Several hedge funds, including Redmont Wealth Advisors and Inlight Wealth Management, have also recently acquired positions in Oracle, underscoring growing institutional interest.
• Analysts are optimistic about Oracle, with an average target price of $303.44 and a consensus rating of "Moderate Buy," fueled by strong recent performance and future growth potential.

Lewis Asset Management LLC increased its stake in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 161.6% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 19,409 shares of the enterprise software provider's stock after purchasing an additional 11,991 shares during the period. Oracle accounts for approximately 2.0% of Lewis Asset Management LLC's investment portfolio, making the stock its 7th biggest position. Lewis Asset Management LLC's holdings in Oracle were worth $4,243,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of ORCL. Redmont Wealth Advisors LLC purchased a new stake in Oracle in the first quarter valued at $27,000. Inlight Wealth Management LLC purchased a new stake in Oracle during the first quarter worth about $28,000. Iron Horse Wealth Management LLC boosted its holdings in Oracle by 284.9% during the first quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider's stock worth $29,000 after buying an additional 151 shares in the last quarter. Fourth Dimension Wealth LLC purchased a new stake in shares of Oracle in the fourth quarter valued at about $36,000. Finally, Graybill Wealth Management LTD. acquired a new position in Oracle during the first quarter worth approximately $39,000. Hedge funds and other institutional investors own 42.44% of the company's stock.

Wall Street Analyst Weigh In

ORCL has been the subject of a number of recent analyst reports. The Goldman Sachs Group raised their price target on shares of Oracle from $195.00 to $310.00 and gave the company a "neutral" rating in a report on Monday, September 15th. Mizuho increased their price objective on shares of Oracle from $300.00 to $350.00 and gave the stock an "outperform" rating in a report on Wednesday, September 10th. Guggenheim raised their target price on shares of Oracle from $250.00 to $375.00 and gave the company a "buy" rating in a research note on Wednesday, September 10th. Wolfe Research lifted their price objective on shares of Oracle from $300.00 to $400.00 and gave the stock an "outperform" rating in a research note on Wednesday, September 10th. Finally, JMP Securities raised their price target on shares of Oracle from $315.00 to $342.00 and gave the stock a "market outperform" rating in a report on Wednesday, September 10th. Two research analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and nine have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $303.44.

Oracle Stock Up 6.6%

NYSE ORCL traded up $20.44 during trading hours on Monday, reaching $329.10. 44,291,474 shares of the company's stock were exchanged, compared to its average volume of 29,628,284. The company has a market capitalization of $935.21 billion, a price-to-earnings ratio of 76.18, a price-to-earnings-growth ratio of 3.34 and a beta of 1.46. Oracle Corporation has a one year low of $118.86 and a one year high of $345.72. The company's 50-day moving average is $253.63 and its two-hundred day moving average is $196.92. The company has a debt-to-equity ratio of 3.33, a quick ratio of 0.62 and a current ratio of 0.62.

Oracle (NYSE:ORCL - Get Free Report) last released its quarterly earnings data on Tuesday, September 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing analysts' consensus estimates of $1.48 by ($0.01). The company 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 for the quarter was up 12.2% compared to the same quarter last year. During the same period last year, the firm earned $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, analysts forecast that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th will be paid a dividend of $0.50 per share. The ex-dividend date is Thursday, October 9th. This represents a $2.00 annualized dividend and a yield of 0.6%. Oracle's dividend payout ratio (DPR) is 46.30%.

Insider Activity

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 value of $770,655.96. Following the completion of the sale, the director owned 31,447 shares in the company, valued at $7,337,214.04. The trade was a 9.51% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Michael D. Sicilia sold 16,323 shares of the business's stock in a transaction that occurred on Tuesday, September 16th. The shares were sold at an average price of $313.60, for a total value of $5,118,892.80. Following the completion of the sale, the insider owned 110,094 shares of the company's stock, valued at $34,525,478.40. The trade was a 12.91% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 78,247 shares of company stock worth $22,090,505. 42.20% of the stock is owned by insiders.

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.