Maryland State Retirement & Pension System Boosts Stock Holdings in Oracle Corporation $ORCL

Key Points

• The Maryland State Retirement & Pension System increased its stake in Oracle Corporation by 7.3%, acquiring an additional 5,467 shares during the 2nd quarter, bringing its total holdings to approximately $17.56 million.
• Multiple institutional investors, including Legend Financial Advisors Inc. and Iron Horse Wealth Management LLC, have also entered new positions or increased their stakes in Oracle, indicating strong interest in the company.
• Oracle's insider trading activity included significant sales by insiders, with Clayton M. Magouyrk selling over 21,000 shares valued at approximately $6.31 million, reflecting a 21.40% decrease in his position.

Maryland State Retirement & Pension System boosted its stake in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 7.3% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 80,332 shares of the enterprise software provider's stock after acquiring an additional 5,467 shares during the period. Maryland State Retirement & Pension System's holdings in Oracle were worth $17,563,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Legend Financial Advisors Inc. purchased a new position in shares of Oracle in the 2nd quarter worth $34,000. HighMark Wealth Management LLC purchased a new position in shares of Oracle in the 2nd quarter worth $38,000. Redmont Wealth Advisors LLC purchased a new position in shares of Oracle in the 1st quarter worth $27,000. Inlight Wealth Management LLC purchased a new position in shares of Oracle in the 1st quarter worth $28,000. Finally, Iron Horse Wealth Management LLC grew 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 worth $29,000 after buying an additional 151 shares in the last quarter. 42.44% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Oracle

In other news, insider Clayton M. Magouyrk sold 21,241 shares of the business's 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 owned 78,000 shares in the company, valued at approximately $23,174,580. The trade was a 21.40% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Naomi O. Seligman sold 2,222 shares of the business's stock in a transaction dated Friday, September 26th. The shares were sold at an average price of $288.91, for a total transaction of $641,958.02. Following the completion of the sale, the director owned 29,225 shares of the company's stock, valued at approximately $8,443,394.75. This represents a 7.07% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 104,314 shares of company stock worth $31,272,223. 40.90% of the stock is owned by company insiders.

Analysts Set New Price Targets

ORCL has been the subject of a number of recent research reports. William Blair reissued an "outperform" rating on shares of Oracle in a research note on Monday, September 22nd. Berenberg Bank raised their target price on shares of Oracle from $202.00 to $306.00 and gave the stock a "hold" rating in a report on Monday, September 15th. Cantor Fitzgerald raised their target price on shares of Oracle from $271.00 to $400.00 and gave the stock an "overweight" rating in a report on Wednesday, September 10th. Barclays raised their target price on shares of Oracle from $221.00 to $281.00 and gave the stock an "overweight" rating in a report on Monday, September 8th. Finally, Mizuho raised their target price on shares of Oracle from $300.00 to $350.00 and gave the stock an "outperform" rating in a report on Wednesday, September 10th. Two analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $306.43.

Oracle Trading Up 1.5%

Shares of ORCL opened at $288.48 on Thursday. Oracle Corporation has a 1-year low of $118.86 and a 1-year high of $345.72. The company has a 50-day moving average of $264.86 and a 200 day moving average of $207.92. The firm has a market capitalization of $822.40 billion, a price-to-earnings ratio of 66.78, a PEG ratio of 3.06 and a beta of 1.53. The company has a debt-to-equity ratio of 3.33, a current ratio of 0.62 and a quick ratio of 0.62.

Oracle (NYSE:ORCL - Get Free Report) last announced 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). Oracle had a net margin of 21.08% and a return on equity of 72.93%. The company had revenue of $14.93 billion for the quarter, compared to the consensus estimate of $15.04 billion. During the same quarter in the previous year, the business earned $1.39 EPS. The company's quarterly 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 expect that Oracle Corporation will post 5 EPS for the current year.

Oracle Dividend Announcement

The firm also recently declared 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 payout ratio is currently 46.30%.

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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