1,253 Shares in Oracle Corporation $ORCL Bought by Mandatum Life Insurance Co Ltd

Key Points

• Mandatum Life Insurance Co Ltd has recently acquired a new stake in Oracle Corporation, purchasing 1,253 shares valued at approximately $274,000.
• Several institutional investors have been increasing their stakes in Oracle; for instance, Canoe Financial LP raised its stake by 314.8% during the second quarter.
• Oracle's latest quarterly earnings reported $1.47 earnings per share, slightly below the consensus estimate of $1.48, with revenue of $14.93 billion compared to a $15.04 billion estimate.

Mandatum Life Insurance Co Ltd purchased a new stake in shares of Oracle Corporation (NYSE:ORCL - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 1,253 shares of the enterprise software provider's stock, valued at approximately $274,000.

Several other institutional investors also recently modified their holdings of ORCL. Nuveen LLC purchased a new stake in shares of Oracle during the first quarter valued at $732,692,000. GAMMA Investing LLC boosted its position in Oracle by 15,012.3% in the first quarter. GAMMA Investing LLC now owns 4,755,096 shares of the enterprise software provider's stock worth $664,810,000 after purchasing an additional 4,723,631 shares during the last quarter. Vanguard Group Inc. boosted its position in Oracle by 2.2% in 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 last quarter. Kingstone Capital Partners Texas LLC purchased a new position in Oracle in the second quarter worth about $731,512,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in Oracle by 79.2% in the first 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 purchasing an additional 2,049,687 shares during the last quarter. 42.44% of the stock is owned by hedge funds and other institutional investors.

Oracle Trading Up 4.2%

Oracle stock traded up $12.56 during mid-day trading on Friday, hitting $309.18. The company's stock had a trading volume of 40,475,718 shares, compared to its average volume of 28,056,660. The company has a 50 day moving average of $251.63 and a 200-day moving average of $195.39. The stock has a market cap of $878.60 billion, a PE ratio of 71.57, a P/E/G ratio of 3.34 and a beta of 1.46. 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 Corporation has a one year low of $118.86 and a one year high of $345.72.

Oracle (NYSE:ORCL - Get Free Report) last announced its quarterly earnings data on Tuesday, September 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing the consensus estimate of $1.48 by ($0.01). Oracle had a net margin of 21.08% and a return on equity of 72.93%. The business had revenue of $14.93 billion during the quarter, compared to the consensus estimate of $15.04 billion. During the same period last year, the company earned $1.39 EPS. The business's revenue was up 12.2% compared to the same quarter last year. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, research analysts anticipate 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. Shareholders of record on Thursday, October 9th will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Thursday, October 9th. Oracle's dividend payout ratio is currently 46.30%.

Analyst Ratings Changes

ORCL has been the topic of several research reports. Guggenheim raised their target price on Oracle from $250.00 to $375.00 and gave the stock a "buy" rating in a research report on Wednesday, September 10th. TD Cowen raised their price objective on Oracle from $325.00 to $375.00 and gave the stock a "buy" rating in a research note on Wednesday, September 10th. JPMorgan Chase & Co. raised their price objective on Oracle from $185.00 to $210.00 and gave the stock a "neutral" rating in a research note on Monday, September 8th. Melius Research raised their price objective on Oracle from $270.00 to $370.00 and gave the stock a "buy" rating in a research note on Wednesday, September 10th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a $240.00 price objective (up previously from $200.00) on shares of Oracle in a research note on Thursday, June 12th. Two research analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $303.44.

Insiders Place Their Bets

In other news, Director Rona Alison Fairhead bought 480 shares of the stock in a transaction on Monday, July 7th. The stock was acquired at an average cost of $233.87 per share, for a total transaction of $112,257.60. Following the acquisition, the director owned 22,110 shares of the company's stock, valued at $5,170,865.70. This represents a 2.22% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Michael D. Sicilia sold 16,323 shares of the company's stock in a transaction on Tuesday, September 16th. The stock was sold at an average price of $313.60, for a total value of $5,118,892.80. Following the sale, the insider owned 110,094 shares of the company's stock, valued at $34,525,478.40. This trade represents a 12.91% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 78,247 shares of company stock worth $22,090,505. 42.20% 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.