Oracle Corporation $ORCL Shares Bought by Sage Mountain Advisors LLC

Key Points

• Sage Mountain Advisors LLC increased its stake in Oracle Corporation by 7.8%, acquiring an additional 1,043 shares, bringing their total holdings to $3,151,000 by the end of the second quarter.
• Oracle's recent earnings report showed a miss in earnings per share at $1.47, slightly below analysts' expectations of $1.48, with a revenue of $14.93 billion for the quarter.
• The company announced a quarterly dividend of $0.50 per share, resulting in an annualized yield of 0.7%, with a current payout ratio of 46.30%.

Sage Mountain Advisors LLC raised its position in Oracle Corporation (NYSE:ORCL - Free Report) by 7.8% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 14,413 shares of the enterprise software provider's stock after acquiring an additional 1,043 shares during the period. Sage Mountain Advisors LLC's holdings in Oracle were worth $3,151,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. Washington Trust Advisors Inc. lifted its stake in shares of Oracle by 1.9% in the 2nd quarter. Washington Trust Advisors Inc. now owns 2,385 shares of the enterprise software provider's stock worth $521,000 after acquiring an additional 44 shares during the period. Lee Danner & Bass Inc. lifted its stake in shares of Oracle by 0.4% in the 2nd quarter. Lee Danner & Bass Inc. now owns 44,431 shares of the enterprise software provider's stock worth $9,714,000 after acquiring an additional 199 shares during the period. Sumitomo Mitsui Trust Group Inc. lifted its stake in shares of Oracle by 3.9% in the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 4,654,478 shares of the enterprise software provider's stock worth $1,017,609,000 after acquiring an additional 172,578 shares during the period. MN Wealth Advisors LLC lifted its stake in shares of Oracle by 4.9% in the 2nd quarter. MN Wealth Advisors LLC now owns 1,951 shares of the enterprise software provider's stock worth $427,000 after acquiring an additional 92 shares during the period. Finally, Opus Capital Group LLC acquired a new stake in shares of Oracle in the 2nd quarter worth $212,000. Institutional investors and hedge funds own 42.44% of the company's stock.

Oracle Stock Performance

NYSE:ORCL opened at $283.45 on Friday. The firm has a 50 day simple moving average of $274.59 and a 200-day simple moving average of $220.37. 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 firm has a market cap of $808.05 billion, a PE ratio of 65.61, a P/E/G ratio of 3.01 and a beta of 1.53. Oracle Corporation has a 1-year low of $118.86 and a 1-year high of $345.72.

Oracle (NYSE:ORCL - Get Free Report) last released 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 company had revenue of $14.93 billion during the quarter, compared to analysts' expectations of $15.04 billion. During the same quarter in the previous year, the firm posted $1.39 earnings per share. Oracle's revenue for the quarter was up 12.2% compared to the same quarter last year. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, equities analysts expect that Oracle Corporation will post 5 EPS for the current year.

Oracle Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 23rd. Investors of record on Thursday, October 9th were issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Thursday, October 9th. Oracle's payout ratio is presently 46.30%.

Insider Transactions at Oracle

In related news, EVP Stuart Levey sold 19,758 shares of the business's stock in a transaction that occurred on Friday, October 10th. The shares were sold at an average price of $300.00, for a total value of $5,927,400.00. Following the completion of the sale, the executive vice president directly owned 18,429 shares in the company, valued at approximately $5,528,700. The trade was a 51.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Maria Smith sold 5,000 shares of the business's stock in a transaction that occurred on Thursday, October 23rd. The shares were sold at an average price of $280.62, for a total transaction of $1,403,100.00. Following the completion of the sale, the executive vice president owned 47,083 shares of the company's stock, valued at approximately $13,212,431.46. The trade was a 9.60% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 170,769 shares of company stock valued at $50,297,667 in the last quarter. Insiders own 40.90% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages recently commented on ORCL. Mizuho raised their price objective on shares of Oracle from $300.00 to $350.00 and gave the company an "outperform" rating in a research note on Wednesday, September 10th. Stifel Nicolaus raised their price objective on shares of Oracle from $250.00 to $350.00 and gave the company a "buy" rating in a research note on Wednesday, September 10th. JMP Securities reiterated a "market outperform" rating and issued a $342.00 price objective on shares of Oracle in a research note on Friday, October 17th. William Blair reiterated an "outperform" rating on shares of Oracle in a research note on Friday, October 17th. Finally, Sanford C. Bernstein raised their price objective on shares of Oracle from $363.00 to $364.00 and gave the company an "outperform" rating in a research note on Friday, September 26th. Three investment 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 given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $323.69.

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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