Mather Group LLC. Trims Stock Holdings in Oracle Corporation $ORCL

Key Points

• Mather Group LLC reduced its stake in Oracle Corporation by 3.2% in the second quarter, owning 25,751 shares valued at $5,630,000 after selling 856 shares.
• Oracle recently reported Q1 earnings of $1.47 EPS, falling short of expectations, with revenue of $14.93 billion, compared to analyst estimates of $15.04 billion.
• The company declared a quarterly dividend of $0.50 per share, which will be paid on October 23rd, representing an annualized yield of 0.6%.

Mather Group LLC. lessened its stake in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 3.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,751 shares of the enterprise software provider's stock after selling 856 shares during the quarter. Mather Group LLC.'s holdings in Oracle were worth $5,630,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Redmont Wealth Advisors LLC purchased a new stake in Oracle in the first quarter valued at approximately $27,000. Inlight Wealth Management LLC acquired a new stake in shares of Oracle in the first quarter valued at $28,000. Iron Horse Wealth Management LLC grew its stake in shares of Oracle by 284.9% in the first quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider's stock valued at $29,000 after buying an additional 151 shares in the last quarter. Family Legacy Financial Solutions LLC purchased a new stake in shares of Oracle in the 2nd quarter valued at $60,000. Finally, Graybill Wealth Management LTD. acquired a new position in Oracle during the 1st quarter worth about $39,000. 42.44% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have issued reports on ORCL. Cowen reiterated a "buy" rating and set a $375.00 price target on shares of Oracle in a research note on Wednesday, September 10th. Oppenheimer reissued an "outperform" rating on shares of Oracle in a research report on Wednesday, June 18th. Morgan Stanley lifted their price target on shares of Oracle from $246.00 to $320.00 and gave the stock an "equal weight" rating in a research note on Tuesday. BNP Paribas set a $377.00 price objective on shares of Oracle in a research report on Wednesday, September 10th. Finally, Scotiabank restated an "outperform" rating on shares of Oracle in a report on Wednesday, September 10th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $305.75.

Oracle Trading Down 4.0%

NYSE ORCL opened at $314.90 on Wednesday. The firm's fifty day moving average is $255.23 and its two-hundred day moving average is $197.74. Oracle Corporation has a one year low of $118.86 and a one year high of $345.72. 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 firm has a market cap of $894.84 billion, a PE ratio of 72.89, a P/E/G ratio of 3.55 and a beta of 1.46.

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 (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 company had revenue of $14.93 billion during the quarter, compared to analyst estimates of $15.04 billion. During the same quarter last year, the firm earned $1.39 EPS. The business'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. Analysts expect that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Dividend Announcement

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

Insider Transactions at Oracle

In other Oracle news, Director William G. Parrett sold 11,500 shares of the business's stock in a transaction on Friday, September 12th. The shares were sold at an average price of $306.00, for a total value 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 position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Michael D. Sicilia sold 33,845 shares of Oracle stock in a transaction dated Tuesday, September 23rd. The shares were sold at an average price of $321.16, for a total transaction of $10,869,660.20. Following the completion of the sale, the insider directly owned 132,656 shares in the company, valued at approximately $42,603,800.96. The trade was a 20.33% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 112,092 shares of company stock worth $32,960,165 over the last quarter. 42.20% of the stock is currently owned by corporate 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.

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