Moran Wealth Management LLC Has $3.14 Million Position in Oracle Corporation $ORCL

Key Points

• Moran Wealth Management LLC increased its position in Oracle Corporation by 19.6%, owning 14,369 shares worth approximately $3.14 million.
• Oracle missed quarterly earnings expectations, reporting $1.47 per share and $14.93 billion in revenue, reflecting a year-over-year revenue growth of 12.2%.
• The company declared a quarterly dividend of $0.50 to be paid on October 23rd, representing an annualized yield of 0.7%.

Moran Wealth Management LLC boosted its holdings in Oracle Corporation (NYSE:ORCL - Free Report) by 19.6% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 14,369 shares of the enterprise software provider's stock after acquiring an additional 2,358 shares during the period. Moran Wealth Management LLC's holdings in Oracle were worth $3,141,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its holdings in Oracle by 2.2% in the 1st quarter. Vanguard Group Inc. now owns 160,925,413 shares of the enterprise software provider's stock valued at $22,498,982,000 after buying an additional 3,513,464 shares in the last quarter. Northern Trust Corp lifted its position in shares of Oracle by 0.6% during the 1st quarter. Northern Trust Corp now owns 19,741,423 shares of the enterprise software provider's stock valued at $2,760,048,000 after acquiring an additional 120,889 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Oracle by 0.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 13,884,524 shares of the enterprise software provider's stock worth $1,941,195,000 after purchasing an additional 59,164 shares in the last quarter. Amundi increased its position in shares of Oracle by 3.3% in the first quarter. Amundi now owns 12,736,855 shares of the enterprise software provider's stock worth $1,749,280,000 after purchasing an additional 409,691 shares during the period. Finally, Polen Capital Management LLC raised its stake in Oracle by 17.6% in the first quarter. Polen Capital Management LLC now owns 12,609,101 shares of the enterprise software provider's stock valued at $1,762,878,000 after purchasing an additional 1,885,370 shares in the last quarter. 42.44% of the stock is owned by institutional investors.

Oracle Stock Up 1.4%

ORCL stock opened at $303.30 on Thursday. Oracle Corporation has a fifty-two week low of $118.86 and a fifty-two week high of $345.72. The stock has a fifty day moving average of $269.61 and a 200-day moving average of $213.14. The company has a market capitalization of $864.64 billion, a price-to-earnings ratio of 70.21, a PEG ratio of 3.22 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 (NYSE:ORCL - Get Free Report) last issued its earnings results 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 business had revenue of $14.93 billion for the quarter, compared to the consensus estimate of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.Oracle's revenue for the quarter was up 12.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, equities research analysts predict that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Dividend Announcement

The business 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. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, October 9th. Oracle's dividend payout ratio (DPR) is presently 46.30%.

Insider Buying and Selling

In other news, insider Clayton M. Magouyrk sold 21,241 shares of the 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 sale, the insider directly owned 78,000 shares of the company's stock, valued at approximately $23,174,580. This represents a 21.40% decrease in their ownership of the stock. 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 the company's stock in a transaction that occurred on Tuesday, September 23rd. The stock was sold at an average price of $321.16, for a total transaction of $10,869,660.20. Following the sale, the insider directly owned 132,656 shares in the company, valued at $42,603,800.96. This trade represents a 20.33% decrease in their position. The disclosure for this sale can be found here. Insiders sold 120,769 shares of company stock valued at $36,428,967 in the last 90 days. Corporate insiders own 40.90% of the company's stock.

Analyst Ratings Changes

Several equities analysts have recently commented on ORCL shares. JMP Securities restated a "market outperform" rating and issued a $342.00 target price on shares of Oracle in a research report on Wednesday, September 24th. Scotiabank restated an "outperform" rating on shares of Oracle in a research note on Wednesday, September 10th. Oppenheimer reiterated an "outperform" rating on shares of Oracle in a research note on Wednesday, June 18th. Sanford C. Bernstein raised their price objective on Oracle from $363.00 to $364.00 and gave the company an "outperform" rating in a research note on Friday, September 26th. Finally, The Goldman Sachs Group boosted their target price on Oracle from $195.00 to $310.00 and gave the stock a "neutral" rating in a research note on Monday, September 15th. Three research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat.com, Oracle presently has a consensus rating of "Moderate Buy" and an average target price of $307.00.

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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