R.H. Dinel Investment Counsel Inc. Sells 1,600 Shares of Oracle Corporation $ORCL

Key Points

• R.H. Dinel Investment Counsel Inc. reduced its stake in Oracle Corporation by 3.6% in the second quarter, holding 42,700 shares, which is 6.2% of its portfolio, making it the firm's 4th largest position.
• Oracle's stock price recently saw a wide range of analyst ratings, with price targets ranging from $210.00 to $375.00 and a consensus recommendation of "Moderate Buy".
• The company announced a quarterly dividend of $0.50 per share, with a payout ratio of 46.30%, reflecting its commitment to returning value to shareholders.

R.H. Dinel Investment Counsel Inc. decreased its holdings in Oracle Corporation (NYSE:ORCL - Free Report) by 3.6% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,700 shares of the enterprise software provider's stock after selling 1,600 shares during the quarter. Oracle comprises about 6.2% of R.H. Dinel Investment Counsel Inc.'s portfolio, making the stock its 4th biggest position. R.H. Dinel Investment Counsel Inc.'s holdings in Oracle were worth $9,336,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Redmont Wealth Advisors LLC acquired a new stake in shares of Oracle during the 1st quarter worth about $27,000. Inlight Wealth Management LLC acquired a new stake in Oracle in the first quarter worth approximately $28,000. Iron Horse Wealth Management LLC raised its holdings in Oracle by 284.9% during the 1st quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider's stock worth $29,000 after buying an additional 151 shares during the period. Fourth Dimension Wealth LLC acquired a new stake in shares of Oracle during the 4th quarter valued at $36,000. Finally, Graybill Wealth Management LTD. bought a new position in shares of Oracle in the first quarter valued at approximately $39,000. Institutional investors and hedge funds own 42.44% of the company's stock.

Insider Activity at Oracle

In related news, Director Naomi O. Seligman sold 3,303 shares of the firm's stock in a transaction that occurred on Wednesday, July 16th. The shares were sold at an average price of $233.32, for a total value of $770,655.96. Following the sale, the director directly owned 31,447 shares of the company's stock, valued at $7,337,214.04. This trade represents a 9.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Michael D. Sicilia sold 16,323 shares of the firm's stock in a transaction dated Tuesday, September 16th. The stock was sold at an average price of $313.60, for a total transaction of $5,118,892.80. Following the completion of the sale, the insider owned 110,094 shares of the company's stock, valued at $34,525,478.40. This trade represents a 12.91% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 78,247 shares of company stock worth $22,090,505 in the last three months. Corporate insiders own 42.20% of the company's stock.

Analysts Set New Price Targets

ORCL has been the subject of a number of analyst reports. Raymond James Financial restated a "strong-buy" rating on shares of Oracle in a report on Wednesday, June 18th. DA Davidson boosted their target price on shares of Oracle from $220.00 to $300.00 and gave the company a "neutral" rating in a report on Wednesday, September 10th. Stifel Nicolaus raised 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. BMO Capital Markets set a $345.00 price target on Oracle in a report on Wednesday, September 10th. Finally, The Goldman Sachs Group upped their target price on Oracle from $195.00 to $310.00 and gave the stock a "neutral" rating in a report on Monday, September 15th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat, Oracle has a consensus rating of "Moderate Buy" and an average price target of $303.44.

Oracle Price Performance

Shares of ORCL stock traded up $20.44 during mid-day trading on Monday, hitting $329.10. 44,291,474 shares of the stock traded hands, compared to its average volume of 29,628,284. The firm has a market cap of $935.21 billion, a price-to-earnings ratio of 76.18, a price-to-earnings-growth ratio of 3.34 and a beta of 1.46. The company's 50-day simple moving average is $253.63 and its 200-day simple moving average is $196.92. The company has a debt-to-equity ratio of 3.33, a quick ratio of 0.62 and a current ratio of 0.62. Oracle Corporation has a twelve month low of $118.86 and a twelve month high of $345.72.

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 for the quarter, missing analysts' consensus estimates of $1.48 by ($0.01). The business had revenue of $14.93 billion during the quarter, compared to the consensus estimate of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. The business's revenue was up 12.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, equities research analysts expect that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Announces Dividend

The company also recently disclosed 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 is Thursday, October 9th. This represents a $2.00 annualized dividend and a yield of 0.6%. Oracle's dividend payout ratio (DPR) is 46.30%.

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.