Oracle Corporation $ORCL Shares Bought by Dakota Wealth Management

Key Points

• Dakota Wealth Management increased its holdings in Oracle Corporation by 7.2%, acquiring an additional 10,218 shares for a total of 151,381 shares valued at approximately $33 million.
• Several institutional investors also increased their stakes in Oracle, with notable increases from Vanguard Group Inc., which raised their position by 2.2%, now totaling approximately $22.5 billion.
• Oracle announced a quarterly dividend of $0.50 per share, with a payout ratio of 46.30%, set to be paid on October 23rd.

Dakota Wealth Management boosted its position in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 7.2% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 151,381 shares of the enterprise software provider's stock after acquiring an additional 10,218 shares during the period. Dakota Wealth Management's holdings in Oracle were worth $33,096,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ORCL. Vanguard Group Inc. raised its position in Oracle by 2.2% during the 1st quarter. Vanguard Group Inc. now owns 160,925,413 shares of the enterprise software provider's stock worth $22,498,982,000 after buying an additional 3,513,464 shares during the last quarter. Northern Trust Corp raised its position in Oracle by 0.6% during the 1st quarter. Northern Trust Corp now owns 19,741,423 shares of the enterprise software provider's stock worth $2,760,048,000 after buying an additional 120,889 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Oracle by 0.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 13,884,524 shares of the enterprise software provider's stock worth $1,941,195,000 after buying an additional 59,164 shares during the last quarter. Amundi raised its position in Oracle by 3.3% during the 1st quarter. Amundi now owns 12,736,855 shares of the enterprise software provider's stock worth $1,749,280,000 after buying an additional 409,691 shares during the last quarter. Finally, Polen Capital Management LLC raised its position in Oracle by 17.6% during the 1st quarter. Polen Capital Management LLC now owns 12,609,101 shares of the enterprise software provider's stock worth $1,762,878,000 after buying an additional 1,885,370 shares during the last quarter. Institutional investors and hedge funds own 42.44% of the company's stock.

Insider Activity

In other Oracle news, insider Michael D. Sicilia sold 33,845 shares of the business's stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $321.16, for a total transaction of $10,869,660.20. Following the completion of the sale, the insider owned 132,656 shares in the company, valued at $42,603,800.96. The trade was a 20.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director William G. Parrett sold 11,500 shares of the business's stock in a transaction on Friday, September 12th. The shares were sold at an average price of $306.00, for a total transaction of $3,519,000.00. Following the transaction, the director directly owned 17,764 shares of the company's stock, valued at approximately $5,435,784. This trade represents a 39.30% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 112,092 shares of company stock valued at $32,960,165 over the last quarter. 42.20% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Westpark Capital upped their price objective on shares of Oracle from $195.00 to $246.00 and gave the stock a "buy" rating in a research report on Thursday, June 12th. The Goldman Sachs Group increased their price target on shares of Oracle from $195.00 to $310.00 and gave the company a "neutral" rating in a report on Monday, September 15th. Bank of America upgraded shares of Oracle from a "neutral" rating to a "buy" rating and increased their price target for the company from $295.00 to $368.00 in a report on Wednesday, September 10th. CIBC reiterated a "buy" rating on shares of Oracle in a report on Monday, June 9th. Finally, DA Davidson raised 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. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $305.75.

Oracle Trading Down 1.6%

NYSE ORCL opened at $308.86 on Thursday. The company's fifty day simple moving average is $256.58 and its 200-day simple moving average is $198.50. Oracle Corporation has a 52 week low of $118.86 and a 52 week high of $345.72. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.33. The stock has a market cap of $877.69 billion, a P/E ratio of 71.50, a PEG ratio of 3.39 and a beta of 1.46.

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 company had revenue of $14.93 billion during the quarter, compared to the consensus estimate of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.The firm's quarterly revenue was up 12.2% on a year-over-year basis. During the same quarter last year, the firm posted $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Equities research analysts predict that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th will be paid a dividend of $0.50 per share. The ex-dividend date is Thursday, October 9th. This represents a $2.00 annualized dividend and a yield of 0.6%. Oracle's payout ratio is presently 46.30%.

About Oracle

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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