Oracle Corporation $ORCL Holdings Lifted by NovaPoint Capital LLC

Key Points

• NovaPoint Capital LLC increased its holdings in Oracle Corporation by 5.6%, now owning approximately 30,738 shares valued at $6,720,000, making Oracle its 12th largest position.
• In the most recent quarter, Oracle reported earnings of $1.47 per share, missing expectations, while revenue was $14.93 billion, up 12.2% year-over-year.
• Oracle's quarterly dividend of $0.50 per share will be paid on October 23rd, representing a 0.7% dividend yield based on an annualized payout.

NovaPoint Capital LLC increased its holdings in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 5.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 30,738 shares of the enterprise software provider's stock after buying an additional 1,631 shares during the quarter. Oracle accounts for approximately 2.1% of NovaPoint Capital LLC's holdings, making the stock its 12th biggest position. NovaPoint Capital LLC's holdings in Oracle were worth $6,720,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Reyes Financial Architecture Inc. grew its holdings in shares of Oracle by 7.2% during the second quarter. Reyes Financial Architecture Inc. now owns 643 shares of the enterprise software provider's stock valued at $141,000 after buying an additional 43 shares in the last quarter. Davis Investment Partners LLC grew its stake in Oracle by 0.7% in the second quarter. Davis Investment Partners LLC now owns 6,930 shares of the enterprise software provider's stock valued at $1,517,000 after purchasing an additional 46 shares in the last quarter. Acropolis Investment Management LLC grew its stake in Oracle by 2.6% in the second quarter. Acropolis Investment Management LLC now owns 1,850 shares of the enterprise software provider's stock valued at $404,000 after purchasing an additional 47 shares in the last quarter. Sunpointe LLC grew its stake in Oracle by 0.9% in the second quarter. Sunpointe LLC now owns 5,563 shares of the enterprise software provider's stock valued at $1,216,000 after purchasing an additional 48 shares in the last quarter. Finally, American Financial Advisors LLC grew its stake in Oracle by 2.3% in the second quarter. American Financial Advisors LLC now owns 2,234 shares of the enterprise software provider's stock valued at $488,000 after purchasing an additional 50 shares in the last quarter. Hedge funds and other institutional investors own 42.44% of the company's stock.

Oracle Price Performance

NYSE ORCL opened at $283.29 on Friday. Oracle Corporation has a twelve month low of $118.86 and a twelve month high of $345.72. The company has a debt-to-equity ratio of 3.33, a quick ratio of 0.62 and a current ratio of 0.62. The stock has a market capitalization of $805.03 billion, a PE ratio of 65.58, a P/E/G ratio of 3.13 and a beta of 1.46. The stock has a 50-day simple moving average of $258.19 and a 200 day simple moving average of $200.44.

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 the consensus estimate 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 analyst estimates of $15.04 billion. During the same period in the prior year, the firm posted $1.39 EPS. Oracle's revenue for the quarter was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Research analysts anticipate that Oracle Corporation will post 5 EPS for the current year.

Oracle Dividend Announcement

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

Wall Street Analysts Forecast Growth

ORCL has been the topic of a number of recent research reports. Stifel Nicolaus boosted their target price on Oracle from $250.00 to $350.00 and gave the company a "buy" rating in a research note on Wednesday, September 10th. Jefferies Financial Group boosted their target price on Oracle from $270.00 to $360.00 and gave the company a "buy" rating in a research note on Wednesday, September 10th. BMO Capital Markets set a $345.00 target price on Oracle in a research note on Wednesday, September 10th. Cantor Fitzgerald boosted their price target on Oracle from $271.00 to $400.00 and gave the stock an "overweight" rating in a research report on Wednesday, September 10th. Finally, Scotiabank reaffirmed an "outperform" rating on shares of Oracle in a research report on Wednesday, September 10th. Two analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $304.71.

Insider Buying and Selling at Oracle

In related news, insider Michael D. Sicilia sold 33,845 shares of the business's stock in a transaction dated 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 completion of the transaction, the insider owned 132,656 shares of the company's stock, valued at approximately $42,603,800.96. The trade was a 20.33% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Clayton M. Magouyrk sold 21,241 shares of the business's stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $297.11, for a total value of $6,310,913.51. Following the transaction, the insider directly owned 78,000 shares of the company's stock, valued at $23,174,580. This represents a 21.40% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 112,092 shares of company stock worth $32,960,165 in the last ninety days. 42.20% of the stock is owned by insiders.

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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