Oracle Corporation $ORCL Shares Bought by Stock Yards Bank & Trust Co.

Key Points

• Stock Yards Bank & Trust Co. increased its position in Oracle Corporation by 1.5%, owning 329,839 shares valued at approximately $72 million, making it the bank's 11th largest holding.
• Oracle reported $1.47 earnings per share for the recent quarter, missing analysts' estimates, with revenue at $14.93 billion, an increase from the previous year's quarter.
• The company declared a quarterly dividend of $0.50 per share, which will be paid on October 23rd, indicating a strong commitment to returning value to shareholders.

Stock Yards Bank & Trust Co. raised its position in Oracle Corporation (NYSE:ORCL - Free Report) by 1.5% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 329,839 shares of the enterprise software provider's stock after acquiring an additional 4,742 shares during the period. Oracle makes up 2.4% of Stock Yards Bank & Trust Co.'s investment portfolio, making the stock its 11th largest holding. Stock Yards Bank & Trust Co.'s holdings in Oracle were worth $72,113,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Redmont Wealth Advisors LLC purchased a new position in shares of Oracle in the 1st quarter valued at about $27,000. Inlight Wealth Management LLC purchased a new position in shares of Oracle in the 1st quarter valued at about $28,000. Iron Horse Wealth Management LLC increased 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 valued at $29,000 after purchasing an additional 151 shares in the last quarter. Legend Financial Advisors Inc. purchased a new position in shares of Oracle in the 2nd quarter valued at about $34,000. Finally, HighMark Wealth Management LLC purchased a new position in shares of Oracle in the 2nd quarter valued at about $38,000. Institutional investors and hedge funds own 42.44% of the company's stock.

Oracle Stock Down 0.9%

ORCL stock opened at $286.23 on Friday. Oracle Corporation has a twelve month low of $118.86 and a twelve month high of $345.72. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 3.33. The stock's 50 day moving average is $262.53 and its 200-day moving average is $205.11. The firm has a market capitalization of $815.99 billion, a PE ratio of 66.26, a P/E/G ratio of 3.11 and a beta of 1.53.

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). 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 the consensus estimate of $15.04 billion. During the same quarter in the prior year, the business earned $1.39 EPS. The firm'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. Sell-side analysts expect that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 23rd. Investors of record on Thursday, October 9th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, October 9th. Oracle's dividend payout ratio (DPR) is presently 46.30%.

Insider Activity at Oracle

In related news, insider Clayton M. Magouyrk sold 21,241 shares of the stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $297.11, for a total transaction of $6,310,913.51. Following the completion of the sale, the insider directly owned 78,000 shares of the company's stock, valued at approximately $23,174,580. This trade represents a 21.40% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Michael D. Sicilia sold 33,845 shares of the stock in a transaction that occurred on Tuesday, September 23rd. The shares were sold at an average price of $321.16, for a total value of $10,869,660.20. Following the sale, the insider directly owned 132,656 shares of the company's stock, valued at $42,603,800.96. The trade was a 20.33% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 104,314 shares of company stock valued at $31,272,223 in the last ninety days. Insiders own 42.20% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on ORCL shares. William Blair reiterated an "outperform" rating on shares of Oracle in a report on Monday, September 22nd. Berenberg Bank raised their target price on shares of Oracle from $202.00 to $306.00 and gave the company a "hold" rating in a report on Monday, September 15th. CIBC restated a "buy" rating on shares of Oracle in a report on Monday, June 9th. Royal Bank Of Canada raised their target price on shares of Oracle from $145.00 to $195.00 and gave the company a "sector perform" rating in a report on Thursday, June 12th. Finally, The Goldman Sachs Group raised their target price on shares of Oracle from $195.00 to $310.00 and gave the company a "neutral" rating in a report on Monday, September 15th. Two research analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat, Oracle presently has a consensus rating of "Moderate Buy" and a consensus price target of $304.71.

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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