Oracle Corporation $ORCL Shares Acquired by Stokes Capital Advisors LLC

Key Points

• Stokes Capital Advisors LLC increased its investment in Oracle Corporation by 2.2%, now holding 44,014 shares valued at approximately $9.62 million.
• Oracle's stock recently opened at $306.80, with significant fluctuations over the past year, ranging from a low of $118.86 to a high of $345.72.
• The company declared a $0.50 quarterly dividend, contributing to an annualized dividend yield of 0.7% and a payout ratio of 46.3%.

Stokes Capital Advisors LLC increased its position in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 2.2% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 44,014 shares of the enterprise software provider's stock after purchasing an additional 934 shares during the quarter. Oracle accounts for about 2.4% of Stokes Capital Advisors LLC's investment portfolio, making the stock its 12th largest holding. Stokes Capital Advisors LLC's holdings in Oracle were worth $9,623,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Sunbeam Capital Management LLC acquired a new stake in Oracle during the fourth quarter worth about $30,000. Redmont Wealth Advisors LLC bought a new position in shares of Oracle during the first quarter valued at approximately $27,000. Inlight Wealth Management LLC acquired a new stake in shares of Oracle during the 1st quarter worth approximately $28,000. Iron Horse Wealth Management LLC lifted its holdings 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, Mpwm Advisory Solutions LLC acquired a new position in Oracle during the 4th quarter valued at approximately $36,000. Institutional investors own 42.44% of the company's stock.

Wall Street Analysts Forecast Growth

ORCL has been the topic of a number of recent research reports. Melius Research raised their target price on Oracle from $270.00 to $370.00 and gave the company a "buy" rating in a research note on Wednesday, September 10th. JPMorgan Chase & Co. increased their price objective on shares of Oracle from $185.00 to $210.00 and gave the stock a "neutral" rating in a report on Monday, September 8th. Wolfe Research boosted their target price on shares of Oracle from $300.00 to $400.00 and gave the company an "outperform" rating in a research note on Wednesday, September 10th. BNP Paribas set a $377.00 price target on shares of Oracle in a research note on Wednesday, September 10th. Finally, Evercore ISI lifted their price target on Oracle from $270.00 to $340.00 and gave the company an "outperform" rating in a report on Wednesday, September 10th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $303.44.

Oracle Trading Up 1.5%

Oracle stock opened at $306.80 on Wednesday. The firm has a 50 day simple moving average of $247.52 and a 200-day simple moving average of $192.43. The company has a debt-to-equity ratio of 3.33, a current ratio of 0.62 and a quick ratio of 0.62. The stock has a market capitalization of $871.84 billion, a PE ratio of 71.02, a price-to-earnings-growth ratio of 3.26 and a beta of 1.46. 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 announced its earnings results 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). The firm had revenue of $14.93 billion for 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 company's quarterly revenue was up 12.2% compared to the same quarter last year. During the same period in the prior year, the business 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 EPS for the current fiscal year.

Oracle Dividend Announcement

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 issued a $0.50 dividend. The ex-dividend date of this dividend is Thursday, October 9th. This represents a $2.00 annualized dividend and a dividend yield of 0.7%. Oracle's dividend payout ratio is currently 46.30%.

Insider Activity at Oracle

In other news, Director Naomi O. Seligman sold 3,303 shares of the firm's stock in a transaction on Wednesday, July 16th. The stock was sold at an average price of $233.32, for a total transaction of $770,655.96. Following the completion of 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 position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director William G. Parrett sold 11,500 shares of the business'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 sale, the director directly owned 17,764 shares in the company, valued at $5,435,784. This trade represents a 39.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 61,924 shares of company stock worth $16,971,612. 42.20% of the stock is owned by corporate insiders.

Oracle Company 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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