One Wealth Advisors LLC Decreases Stake in Oracle Corporation $ORCL

Key Points

• One Wealth Advisors LLC has reduced its stake in Oracle Corporation by 16.0% during the second quarter, leaving them with 7,699 shares valued at approximately $1.68 million.
• Numerous hedge funds have made changes to their Oracle holdings, with Trivium Point Advisory LLC raising its position by 55.9% to a total of 53,535 shares.
• Oracle recently missed earnings expectations, reporting $1.47 EPS for the quarter, below the consensus estimate of $1.48.

One Wealth Advisors LLC cut its stake in Oracle Corporation (NYSE:ORCL - Free Report) by 16.0% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,699 shares of the enterprise software provider's stock after selling 1,466 shares during the period. One Wealth Advisors LLC's holdings in Oracle were worth $1,683,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of the stock. Trivium Point Advisory LLC raised its holdings in shares of Oracle by 55.9% in the second quarter. Trivium Point Advisory LLC now owns 53,535 shares of the enterprise software provider's stock worth $11,704,000 after buying an additional 19,196 shares during the last quarter. Melfa Wealth Management Inc. purchased a new stake in shares of Oracle during the second quarter valued at $309,000. Hamilton Capital Partners LLC increased its position in shares of Oracle by 4.5% in the 2nd quarter. Hamilton Capital Partners LLC now owns 94,699 shares of the enterprise software provider's stock valued at $20,704,000 after acquiring an additional 4,092 shares during the period. Lee Johnson Capital Management LLC purchased a new position in Oracle in the 2nd quarter worth $728,000. Finally, Alliance Wealth Advisors LLC acquired a new stake in Oracle during the 2nd quarter worth about $274,000. Institutional investors and hedge funds own 42.44% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on ORCL shares. Scotiabank reissued an "outperform" rating on shares of Oracle in a report on Wednesday, September 10th. Westpark Capital upped their target price on Oracle from $195.00 to $246.00 and gave the company a "buy" rating in a research report on Thursday, June 12th. Piper Sandler increased their price target on shares of Oracle from $270.00 to $330.00 and gave the stock an "overweight" rating in a report on Wednesday, September 10th. Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a $240.00 price objective (up from $200.00) on shares of Oracle in a research note on Thursday, June 12th. Finally, CIBC reiterated a "buy" rating on shares of Oracle in a research note on Monday, June 9th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $304.71.

Oracle Price Performance

NYSE:ORCL opened at $282.68 on Tuesday. The company has a debt-to-equity ratio of 3.33, a current ratio of 0.62 and a quick ratio of 0.62. The company has a 50 day moving average price of $258.97 and a 200-day moving average price of $202.09. Oracle Corporation has a 1-year low of $118.86 and a 1-year high of $345.72. The firm has a market cap of $803.29 billion, a price-to-earnings ratio of 65.44, a price-to-earnings-growth ratio of 3.05 and a beta of 1.46.

Oracle (NYSE:ORCL - Get Free Report) last announced its quarterly earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share (EPS) 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 firm had revenue of $14.93 billion for the quarter, compared to analysts' expectations of $15.04 billion. During the same period last year, the company posted $1.39 earnings per share. The business's quarterly revenue was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Equities research analysts forecast that Oracle Corporation will post 5 EPS for the current year.

Oracle Announces Dividend

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

Insider Transactions at Oracle

In other Oracle news, insider Clayton M. Magouyrk sold 21,241 shares of the stock in a transaction that occurred on Friday, September 12th. The stock was 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 sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Maria Smith sold 10,000 shares of the firm's stock in a transaction that occurred on Thursday, July 3rd. The shares were sold at an average price of $232.99, for a total value of $2,329,900.00. Following the completion of the sale, the executive vice president directly owned 40,807 shares in the company, valued at approximately $9,507,622.93. The trade was a 19.68% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 112,092 shares of company stock worth $32,960,165 over the last quarter. Company insiders own 42.20% of the company's stock.

About Oracle

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.