Oracle Corporation $ORCL is Beech Hill Advisors Inc.'s 9th Largest Position

Key Points

• Beech Hill Advisors Inc. reduced its stake in Oracle Corporation by 28.8% during the second quarter, making Oracle the firm’s 9th largest position worth approximately $4.99 million.
• Several institutional investors have taken new positions in Oracle, with notable increases from Wallace Advisory Group LLC and IMG Wealth Management Inc. during the same period.
• Analysts have raised their price targets for Oracle, with Barclays increasing its price objective to $400, while Oracle maintains a consensus rating of "Moderate Buy".

Beech Hill Advisors Inc. decreased its position in Oracle Corporation (NYSE:ORCL - Free Report) by 28.8% in the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 22,863 shares of the enterprise software provider's stock after selling 9,262 shares during the period. Oracle accounts for about 2.2% of Beech Hill Advisors Inc.'s investment portfolio, making the stock its 9th biggest position. Beech Hill Advisors Inc.'s holdings in Oracle were worth $4,999,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of ORCL. Legacy Wealth Asset Management LLC bought a new stake in Oracle during the 2nd quarter valued at $303,000. Wallace Advisory Group LLC raised its holdings in shares of Oracle by 19.9% in the second quarter. Wallace Advisory Group LLC now owns 9,999 shares of the enterprise software provider's stock valued at $2,186,000 after acquiring an additional 1,659 shares in the last quarter. Pacific Sun Financial Corp bought a new stake in shares of Oracle in the second quarter valued at about $307,000. Fingerlakes Wealth Management Inc. increased its position in Oracle by 4.1% during the 2nd quarter. Fingerlakes Wealth Management Inc. now owns 1,666 shares of the enterprise software provider's stock valued at $364,000 after purchasing an additional 66 shares during the period. Finally, IMG Wealth Management Inc. increased its position in Oracle by 74.0% during the 2nd quarter. IMG Wealth Management Inc. now owns 1,599 shares of the enterprise software provider's stock valued at $350,000 after purchasing an additional 680 shares during the period. Institutional investors own 42.44% of the company's stock.

Analysts Set New Price Targets

ORCL has been the subject of a number of recent research reports. Barclays boosted their price objective on shares of Oracle from $367.00 to $400.00 and gave the stock an "overweight" rating in a research note on Friday. Stephens boosted their price objective on shares of Oracle from $208.00 to $331.00 and gave the stock an "equal weight" rating in a research note on Friday. Jefferies Financial Group boosted their price objective on shares of Oracle from $360.00 to $400.00 and gave the stock a "buy" rating in a research note on Friday. Redburn Partners set a $175.00 price objective on shares of Oracle in a research note on Thursday, September 25th. Finally, William Blair reissued an "outperform" rating on shares of Oracle in a research note on Friday. Three analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, Oracle presently has a consensus rating of "Moderate Buy" and an average price target of $323.69.

Oracle Stock Performance

Shares of ORCL stock opened at $276.93 on Tuesday. The business's fifty day simple moving average is $272.19 and its 200-day simple moving average is $217.44. The company has a market cap of $789.47 billion, a PE ratio of 64.10, a PEG ratio of 3.14 and a beta of 1.53. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.33. Oracle Corporation has a 12-month low of $118.86 and a 12-month high of $345.72.

Oracle (NYSE:ORCL - Get Free Report) last issued 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). The business had revenue of $14.93 billion for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same period in the previous year, the company posted $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Analysts expect that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Investors of record on Thursday, October 9th will be given a $0.50 dividend. 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 dividend payout ratio is presently 46.30%.

Insider Transactions at Oracle

In related news, Director William G. Parrett sold 11,500 shares of the company's stock in a transaction on Friday, September 12th. The stock was 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 of the company's stock, valued at $5,435,784. This represents a 39.30% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Clayton M. Magouyrk sold 21,241 shares of the company's stock in a transaction on 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 completion of the transaction, the insider directly owned 78,000 shares in the company, valued at approximately $23,174,580. The trade was a 21.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 120,769 shares of company stock worth $36,428,967 over the last 90 days. Insiders own 40.90% of the company's stock.

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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