Metropolis Capital Ltd Makes New Investment in Oracle Corporation $ORCL

Key Points

• Metropolis Capital Ltd has invested approximately $54.6 million in Oracle Corporation, acquiring 249,759 shares, which now constitutes 1.7% of its investment portfolio.
• Oracle reported earnings per share of $1.47 for the last quarter, missing analysts' expectations, while its revenue of $14.93 billion also fell short of projections.
• The company recently announced a quarterly dividend of $0.50, with a yield of 0.7%, to be paid on October 23rd to shareholders on record as of October 9th.

Metropolis Capital Ltd purchased a new position in Oracle Corporation (NYSE:ORCL - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 249,759 shares of the enterprise software provider's stock, valued at approximately $54,605,000. Oracle makes up approximately 1.7% of Metropolis Capital Ltd's investment portfolio, making the stock its 14th biggest holding.

Several other hedge funds have also bought and sold shares of the stock. Redmont Wealth Advisors LLC purchased a new stake in shares of Oracle during the 1st quarter valued at about $27,000. Inlight Wealth Management LLC purchased a new stake in shares of Oracle during the 1st quarter valued at about $28,000. Iron Horse Wealth Management LLC raised its position in shares of Oracle by 284.9% during the 1st 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. Legend Financial Advisors Inc. purchased a new stake in shares of Oracle during the 2nd quarter valued at about $34,000. Finally, Graybill Wealth Management LTD. purchased a new stake in shares of Oracle during the 1st quarter valued at about $39,000. Hedge funds and other institutional investors own 42.44% of the company's stock.

Oracle Stock Performance

Oracle stock opened at $289.68 on Thursday. 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 Corporation has a 1-year low of $118.86 and a 1-year high of $345.72. The firm has a market capitalization of $825.83 billion, a P/E ratio of 67.06, a price-to-earnings-growth ratio of 3.03 and a beta of 1.53. The company's 50-day moving average is $260.78 and its 200 day moving average is $203.24.

Oracle (NYSE:ORCL - Get Free Report) last posted 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). The firm had revenue of $14.93 billion during the quarter, compared to analysts' expectations of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.The business's revenue for the quarter was up 12.2% compared to the same quarter last year. During the same period last year, the company earned $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Research analysts forecast that Oracle Corporation will post 5 EPS for the current year.

Oracle Announces Dividend

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

Insiders Place Their Bets

In other Oracle news, Director Rona Alison Fairhead acquired 480 shares of the company'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 completion of the purchase, the director owned 22,110 shares in the company, valued at approximately $5,170,865.70. This trade represents a 2.22% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Clayton M. Magouyrk sold 21,241 shares of the stock in a transaction that occurred 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 transaction, the insider owned 78,000 shares in the company, valued at approximately $23,174,580. This represents a 21.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 104,314 shares of company stock worth $31,272,223. 42.20% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on ORCL shares. BMO Capital Markets set a $345.00 target price on shares of Oracle in a research report on Wednesday, September 10th. Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a $240.00 target price (up from $200.00) on shares of Oracle in a research report on Thursday, June 12th. BNP Paribas set a $377.00 target price on shares of Oracle in a research report on Wednesday, September 10th. Melius Research upped their target price on shares of Oracle from $270.00 to $370.00 and gave the company a "buy" rating in a research report on Wednesday, September 10th. Finally, Cowen restated a "buy" rating and set a $375.00 target price on shares of Oracle in a research report on Wednesday, September 10th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $304.71.

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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