Oracle Corporation $ORCL Holdings Reduced by Phillips Wealth Planners LLC

Key Points

• Phillips Wealth Planners LLC reduced its holdings in Oracle Corporation by 18.2%, bringing its investment in Oracle to $1.38 million, accounting for 1.3% of its portfolio.
• Insider Clayton M. Magouyrk sold 21,241 shares of Oracle, representing a 21.40% decrease in his holdings, while director Naomi O. Seligman also reduced her stake by 9.51%.
• Oracle's stock has a current market valuation of $878.60 billion and recently declared a quarterly dividend of $0.50 per share, with an annualized yield of 0.6%.

Phillips Wealth Planners LLC cut its position in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 18.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,920 shares of the enterprise software provider's stock after selling 1,318 shares during the period. Oracle makes up 1.3% of Phillips Wealth Planners LLC's holdings, making the stock its 10th biggest holding. Phillips Wealth Planners LLC's holdings in Oracle were worth $1,388,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. Vanguard Group Inc. grew its holdings in Oracle by 2.2% during the 1st quarter. Vanguard Group Inc. now owns 160,925,413 shares of the enterprise software provider's stock worth $22,498,982,000 after acquiring an additional 3,513,464 shares in the last quarter. Northern Trust Corp lifted its position in Oracle by 0.6% in the first quarter. Northern Trust Corp now owns 19,741,423 shares of the enterprise software provider's stock valued at $2,760,048,000 after purchasing an additional 120,889 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Oracle by 0.4% in the first 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 valued at $1,941,195,000 after purchasing an additional 59,164 shares during the period. Amundi lifted its position in Oracle by 3.3% in the first quarter. Amundi now owns 12,736,855 shares of the enterprise software provider's stock valued at $1,749,280,000 after purchasing an additional 409,691 shares during the period. Finally, Polen Capital Management LLC lifted its position 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 during the period. Institutional investors and hedge funds own 42.44% of the company's stock.

Oracle Stock Up 4.2%

Shares of ORCL traded up $12.56 during mid-day trading on Friday, hitting $309.18. 40,475,718 shares of the company's stock were exchanged, compared to its average volume of 28,056,660. Oracle Corporation has a twelve month low of $118.86 and a twelve month high of $345.72. The firm has a fifty day moving average of $251.63 and a two-hundred day moving average of $195.39. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 3.33. The stock has a market cap of $878.60 billion, a price-to-earnings ratio of 71.57, a P/E/G ratio of 3.34 and a beta of 1.46.

Oracle (NYSE:ORCL - Get Free Report) last released its quarterly earnings data on Tuesday, September 9th. The enterprise software provider reported $1.47 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 business had revenue of $14.93 billion for the quarter, compared to the consensus estimate of $15.04 billion. During the same period in the previous year, the business posted $1.39 earnings per share. Oracle'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. On average, sell-side analysts forecast that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Announces Dividend

The business also recently declared 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. The ex-dividend date of this dividend is Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a yield of 0.6%. Oracle's payout ratio is presently 46.30%.

Insiders Place Their Bets

In related news, Director William G. Parrett sold 11,500 shares of the company's stock in a transaction dated 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 in the company, valued at approximately $5,435,784. This represents a 39.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Clayton M. Magouyrk sold 21,241 shares of the stock in a transaction dated 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 completion of the transaction, the insider directly owned 78,000 shares of the company's stock, valued at $23,174,580. This trade represents a 21.40% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 78,247 shares of company stock valued at $22,090,505 over the last 90 days. 42.20% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. JPMorgan Chase & Co. lifted their price target on shares of Oracle from $185.00 to $210.00 and gave the company a "neutral" rating in a research report on Monday, September 8th. Citigroup reissued an "outperform" rating on shares of Oracle in a research note on Wednesday, September 10th. Wolfe Research raised their price objective on shares of Oracle from $300.00 to $400.00 and gave the stock an "outperform" rating in a research note on Wednesday, September 10th. Cantor Fitzgerald lifted their target price on shares of Oracle from $271.00 to $400.00 and gave the stock an "overweight" rating in a research note on Wednesday, September 10th. Finally, Barclays boosted their price objective on shares of Oracle from $221.00 to $281.00 and gave the company an "overweight" rating in a research note on Monday, September 8th. Two analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat, Oracle currently has a consensus rating of "Moderate Buy" and a consensus target price of $303.44.

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.