McNaughton Wealth Management LLC Purchases Shares of 1,023 Oracle Corporation $ORCL

Key Points

• McNaughton Wealth Management LLC acquired 1,023 shares of Oracle Corporation (NYSE:ORCL), valued at approximately $224,000, marking a significant addition to their investment portfolio.
• Several hedge funds, including Harel Insurance Investments and Canoe Financial LP, have also increased their stakes in Oracle, indicating growing institutional interest in the company.
• Oracle recently declared a quarterly dividend of $0.50 per share, which will be paid on October 23rd, representing an annualized yield of 0.7%.

McNaughton Wealth Management LLC purchased a new stake in shares of Oracle Corporation (NYSE:ORCL - Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The fund purchased 1,023 shares of the enterprise software provider's stock, valued at approximately $224,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. Harel Insurance Investments & Financial Services Ltd. lifted its position in shares of Oracle by 71.6% during the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 257,378 shares of the enterprise software provider's stock worth $35,984,000 after buying an additional 107,404 shares in the last quarter. Lockheed Martin Investment Management Co. raised its holdings in shares of Oracle by 4.3% in the 1st quarter. Lockheed Martin Investment Management Co. now owns 51,350 shares of the enterprise software provider's stock worth $7,179,000 after purchasing an additional 2,110 shares during the period. Lockerman Financial Group Inc. bought a new stake in shares of Oracle in the 2nd quarter worth approximately $328,000. Elser Financial Planning Inc bought a new stake in shares of Oracle in the 2nd quarter worth approximately $1,066,000. Finally, Canoe Financial LP raised its holdings in shares of Oracle by 314.8% in the 2nd quarter. Canoe Financial LP now owns 484,098 shares of the enterprise software provider's stock worth $105,838,000 after purchasing an additional 367,400 shares during the period. Institutional investors and hedge funds own 42.44% of the company's stock.

Insiders Place Their Bets

In other news, Director Rona Alison Fairhead acquired 480 shares of the firm's stock in a transaction dated Monday, July 7th. The shares were purchased at an average cost of $233.87 per share, for a total transaction of $112,257.60. Following the transaction, the director directly owned 22,110 shares of the company's stock, valued at approximately $5,170,865.70. This trade represents a 2.22% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Clayton M. Magouyrk sold 21,241 shares of the firm's stock in a transaction on Friday, September 12th. The shares were sold at an average price of $297.11, for a total transaction of $6,310,913.51. Following the sale, the insider owned 78,000 shares in the company, valued at $23,174,580. The trade was a 21.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 104,314 shares of company stock valued at $31,272,223. 42.20% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research firms recently commented on ORCL. Royal Bank Of Canada lifted their price target on shares of Oracle from $145.00 to $195.00 and gave the stock a "sector perform" rating in a report on Thursday, June 12th. Cowen reissued a "buy" rating and set a $375.00 target price on shares of Oracle in a report on Wednesday, September 10th. KeyCorp boosted their target price on shares of Oracle from $200.00 to $225.00 and gave the company an "overweight" rating in a report on Thursday, June 12th. Piper Sandler boosted their target price on shares of Oracle from $270.00 to $330.00 and gave the company an "overweight" rating in a report on Wednesday, September 10th. Finally, Guggenheim boosted their target price on shares of Oracle from $250.00 to $375.00 and gave the company a "buy" rating in a report on Wednesday, September 10th. Two research analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat, Oracle has an average rating of "Moderate Buy" and an average target price of $304.71.

Oracle Price Performance

Shares of ORCL opened at $286.23 on Friday. The stock has a market cap of $815.99 billion, a PE ratio of 66.26, a price-to-earnings-growth ratio of 3.11 and a beta of 1.53. 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 fifty-two week low of $118.86 and a fifty-two week high of $345.72. The firm's 50-day simple moving average is $262.53 and its two-hundred day simple moving average is $205.11.

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 return on equity of 72.93% and a net margin of 21.08%.The business had revenue of $14.93 billion during the quarter, compared to analysts' expectations of $15.04 billion. During the same quarter last year, the company posted $1.39 EPS. Oracle's revenue for the quarter was up 12.2% compared to the same quarter last year. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Analysts anticipate that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th will be given a $0.50 dividend. The ex-dividend date is Thursday, October 9th. This represents a $2.00 annualized dividend and a yield of 0.7%. Oracle's dividend payout ratio (DPR) is presently 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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