Oracle Corporation $ORCL is Invesco LLC's Largest Position

Key Points

• Invesco LLC has reduced its stake in Oracle Corporation by 4.6%, while still holding approximately 8.4% of its portfolio, valued at about $22.6 million.
• Oracle's most recent earnings report showed an earnings per share of $1.47, slightly missing analysts' expectations, with a revenue of $14.93 billion, a 12.2% increase year-over-year.
• The company recently announced a quarterly dividend of $0.50 per share, with a yield of 0.7%, scheduled for payment on October 23rd.

Invesco LLC decreased its position in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 4.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 103,385 shares of the enterprise software provider's stock after selling 5,003 shares during the period. Oracle comprises approximately 8.4% of Invesco LLC's holdings, making the stock its biggest holding. Invesco LLC's holdings in Oracle were worth $22,603,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Legend Financial Advisors Inc. bought a new stake in shares of Oracle in the second quarter worth $34,000. Redmont Wealth Advisors LLC bought a new position in Oracle during the 1st quarter valued at $27,000. Inlight Wealth Management LLC acquired a new position in Oracle during the 1st quarter worth $28,000. Iron Horse Wealth Management LLC increased its position in shares of Oracle by 284.9% in the 1st quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider's stock worth $29,000 after purchasing an additional 151 shares during the last quarter. Finally, Family Legacy Financial Solutions LLC acquired a new stake in shares of Oracle in the 2nd quarter valued at about $60,000. Institutional investors and hedge funds own 42.44% of the company's stock.

Oracle Stock Down 2.8%

ORCL stock opened at $283.29 on Monday. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 3.33. Oracle Corporation has a fifty-two week low of $118.86 and a fifty-two week high of $345.72. The firm's 50-day simple moving average is $258.19 and its 200 day simple moving average is $201.16. The stock has a market cap of $805.03 billion, a PE ratio of 65.58, a price-to-earnings-growth ratio of 3.05 and a beta of 1.46.

Oracle (NYSE:ORCL - Get Free Report) last posted its 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 net margin of 21.08% and a return on equity of 72.93%. The firm had revenue of $14.93 billion for the quarter, compared to analyst estimates of $15.04 billion. During the same period in the previous year, the firm earned $1.39 earnings per share. The company'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. As a group, sell-side analysts predict that Oracle Corporation will post 5 EPS for the current year.

Oracle Dividend Announcement

The firm 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 yield of 0.7%. The ex-dividend date is Thursday, October 9th. Oracle's dividend payout ratio (DPR) is currently 46.30%.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. Guggenheim boosted their price objective on Oracle from $250.00 to $375.00 and gave the company a "buy" rating in a report on Wednesday, September 10th. BMO Capital Markets set a $345.00 price target on Oracle in a research report on Wednesday, September 10th. Stifel Nicolaus lifted their price objective on shares of Oracle from $250.00 to $350.00 and gave the stock a "buy" rating in a report on Wednesday, September 10th. Morgan Stanley boosted their target price on shares of Oracle from $246.00 to $320.00 and gave the company an "equal weight" rating in a research note on Tuesday, September 23rd. Finally, Loop Capital set a $135.00 price target on shares of Oracle in a research report on Tuesday, June 10th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $304.71.

Insider Activity

In related news, Director Naomi O. Seligman sold 3,303 shares of the company's stock in a transaction dated Wednesday, July 16th. The shares were sold at an average price of $233.32, for a total value of $770,655.96. Following the completion of the sale, the director owned 31,447 shares of the company's stock, valued at $7,337,214.04. This represents a 9.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, 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 transaction of $6,310,913.51. Following the completion of the transaction, the insider 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 over the last ninety days. 42.20% of the stock is currently owned by company 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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