Lifelong Wealth Advisors Inc. Has $8.49 Million Holdings in Oracle Corporation $ORCL

Lifelong Wealth Advisors Inc. lowered its position in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 2.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 38,819 shares of the enterprise software provider's stock after selling 1,143 shares during the period. Oracle comprises about 2.8% of Lifelong Wealth Advisors Inc.'s holdings, making the stock its 7th largest holding. Lifelong Wealth Advisors Inc.'s holdings in Oracle were worth $8,487,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in ORCL. Redmont Wealth Advisors LLC bought a new stake in shares of Oracle in the 1st quarter valued at about $27,000. Inlight Wealth Management LLC bought a new stake in shares of Oracle in the 1st quarter valued at about $28,000. Iron Horse Wealth Management LLC lifted its stake in shares of Oracle by 284.9% in the 1st quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider's stock valued at $29,000 after acquiring an additional 151 shares during the last quarter. Sunbeam Capital Management LLC bought a new stake in shares of Oracle in the 4th quarter valued at about $30,000. Finally, Mpwm Advisory Solutions LLC bought a new stake in shares of Oracle in the 4th quarter valued at about $36,000. Institutional investors own 42.44% of the company's stock.

Oracle Stock Up 1.5%

ORCL stock opened at $306.80 on Wednesday. Oracle Corporation has a fifty-two week low of $118.86 and a fifty-two week high of $345.72. The business's 50 day moving average price is $247.52 and its two-hundred day moving average price is $192.43. 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 market capitalization of $871.84 billion, a price-to-earnings ratio of 71.02, a price-to-earnings-growth ratio of 3.26 and a beta of 1.46.

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 firm had revenue of $14.93 billion for the quarter, compared to analysts' expectations of $15.04 billion. During the same quarter last year, the company posted $1.39 EPS. The firm's revenue was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, analysts forecast that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Announces Dividend

The company 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. The ex-dividend date is Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.7%. Oracle's dividend payout ratio is 46.30%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on ORCL shares. Westpark Capital boosted their target price on Oracle from $195.00 to $246.00 and gave the company a "buy" rating in a research note on Thursday, June 12th. UBS Group set a $300.00 target price on Oracle in a research note on Wednesday, September 10th. Stifel Nicolaus boosted their target price on Oracle from $250.00 to $350.00 and gave the company a "buy" rating in a research note on Wednesday, September 10th. Melius Research boosted their target price on Oracle from $270.00 to $370.00 and gave the company a "buy" rating in a research note on Wednesday, September 10th. Finally, Berenberg Bank boosted their price target on Oracle from $202.00 to $306.00 and gave the company a "hold" rating in a report on Monday. Two research analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and nine have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $303.44.

Insider Activity

In other Oracle news, Director William G. Parrett sold 11,500 shares of the company's stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $306.00, for a total transaction of $3,519,000.00. Following the transaction, the director owned 17,764 shares in the company, valued at approximately $5,435,784. This represents a 39.30% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Clayton M. Magouyrk sold 21,241 shares of the company's stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $297.11, for a total value of $6,310,913.51. Following the transaction, the insider owned 78,000 shares in the company, valued at $23,174,580. This trade represents a 21.40% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 61,924 shares of company stock worth $16,971,612. Company insiders own 42.20% of the company's stock.

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.

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