Lincluden Management Ltd. Cuts Position in Oracle Corporation $ORCL

Key Points

• Lincluden Management Ltd. has reduced its stake in Oracle Corporation by 25.3%, now holding 52,460 shares valued at approximately $11.47 million, which constitutes 1.3% of its total portfolio.
• A significant number of institutional investors, including Vanguard Group and Polen Capital Management, have recently increased their positions in Oracle, demonstrating confidence in the company's performance.
• Oracle's stock has been subject to mixed analyst ratings, with price targets ranging from $271 to $400, and an average consensus rating of "Moderate Buy."

Lincluden Management Ltd. trimmed its holdings in Oracle Corporation (NYSE:ORCL - Free Report) by 25.3% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 52,460 shares of the enterprise software provider's stock after selling 17,737 shares during the quarter. Oracle comprises approximately 1.3% of Lincluden Management Ltd.'s portfolio, making the stock its 20th biggest position. Lincluden Management Ltd.'s holdings in Oracle were worth $11,469,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its holdings in shares of Oracle by 2.2% during the first 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 during the period. Northern Trust Corp lifted its holdings in shares of Oracle by 0.6% during the first 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 during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Oracle by 0.4% in the first 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 valued at $1,941,195,000 after acquiring an additional 59,164 shares during the period. Amundi lifted its holdings in Oracle by 3.3% in the first quarter. Amundi now owns 12,736,855 shares of the enterprise software provider's stock valued at $1,749,280,000 after acquiring an additional 409,691 shares during the period. Finally, Polen Capital Management LLC lifted its holdings in Oracle by 17.6% in the first 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 acquiring an additional 1,885,370 shares during the period. 42.44% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Oracle

In related news, Director William G. Parrett sold 11,500 shares of the company's stock in a transaction 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 directly owned 17,764 shares of the company's stock, valued at approximately $5,435,784. The trade was a 39.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, 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 transaction, the insider directly owned 132,656 shares in the company, valued at $42,603,800.96. The trade was a 20.33% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 104,314 shares of company stock worth $31,272,223. Corporate insiders own 40.90% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on ORCL shares. Robert W. Baird started coverage on Oracle in a research report on Wednesday. They issued an "outperform" rating and a $365.00 price target for the company. Cantor Fitzgerald lifted their price objective on Oracle from $271.00 to $400.00 and gave the stock an "overweight" rating in a research report on Wednesday, September 10th. Berenberg Bank lifted their price objective on Oracle from $202.00 to $306.00 and gave the stock a "hold" rating in a research report on Monday, September 15th. Citigroup reiterated a "buy" rating on shares of Oracle in a research report on Friday. Finally, Stifel Nicolaus lifted their price objective on Oracle from $250.00 to $350.00 and gave the stock a "buy" rating in a research report on Wednesday, September 10th. Three research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, Oracle has an average rating of "Moderate Buy" and a consensus price target of $306.71.

Oracle Stock Performance

Shares of ORCL opened at $293.04 on Friday. The business's 50 day moving average is $266.69 and its two-hundred day moving average is $210.29. Oracle Corporation has a 52-week low of $118.86 and a 52-week high of $345.72. The firm has a market cap of $835.40 billion, a price-to-earnings ratio of 67.83, a PEG ratio of 3.15 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 firm 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 was up 12.2% compared to the same quarter last year. During the same quarter last year, the firm posted $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Analysts forecast that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Dividend Announcement

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

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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