Oracle Corporation $ORCL Shares Purchased by First Fiduciary Investment Counsel Inc.

Key Points

• First Fiduciary Investment Counsel Inc. increased its stake in Oracle Corporation by 1.7% in Q2, now holding 73,657 shares valued at approximately $16.1 million.
• Oracle's most recent earnings report showed an EPS of $1.47, just below the expected $1.48, with a revenue of $14.93 billion compared to the forecast of $15.04 billion.
• The company declared a quarterly dividend of $0.50 per share, with a payout ratio of 46.3%, scheduled to be paid on October 23rd.

First Fiduciary Investment Counsel Inc. increased its stake in Oracle Corporation (NYSE:ORCL - Free Report) by 1.7% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 73,657 shares of the enterprise software provider's stock after purchasing an additional 1,196 shares during the quarter. Oracle makes up 3.2% of First Fiduciary Investment Counsel Inc.'s investment portfolio, making the stock its 8th largest holding. First Fiduciary Investment Counsel Inc.'s holdings in Oracle were worth $16,104,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Redmont Wealth Advisors LLC bought a new position in Oracle in the 1st quarter worth approximately $27,000. Inlight Wealth Management LLC bought a new position in Oracle in the 1st quarter worth approximately $28,000. Iron Horse Wealth Management LLC increased its position in 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 buying an additional 151 shares during the period. Legend Financial Advisors Inc. bought a new position in Oracle in the 2nd quarter worth approximately $34,000. Finally, HighMark Wealth Management LLC bought a new position in Oracle in the 2nd quarter worth approximately $38,000. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Oracle Price Performance

Shares of ORCL stock opened at $293.04 on Friday. The stock's fifty day simple moving average is $266.69 and its 200 day simple moving average is $209.86. 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 $835.40 billion, a price-to-earnings ratio of 67.83, a P/E/G ratio of 3.20 and a beta of 1.53. Oracle Corporation has a one year low of $118.86 and a one year high of $345.72.

Oracle (NYSE:ORCL - Get Free Report) last announced its quarterly earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing the consensus estimate of $1.48 by ($0.01). The company had revenue of $14.93 billion during the quarter, compared to analyst estimates of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. Oracle's quarterly revenue was up 12.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, analysts expect that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 23rd. Investors of record on Thursday, October 9th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Thursday, October 9th. This represents a $2.00 annualized dividend and a yield of 0.7%. Oracle's payout ratio is currently 46.30%.

Insider Buying and Selling

In related news, 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 owned 17,764 shares of the company's stock, valued at $5,435,784. The trade was a 39.30% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Clayton M. Magouyrk sold 21,241 shares of the business's stock in a transaction on Friday, September 12th. The shares were sold at an average price of $297.11, for a total value of $6,310,913.51. Following the completion of the sale, the insider directly owned 78,000 shares in the company, valued at approximately $23,174,580. This represents a 21.40% decrease in their position. The disclosure for this sale can be found here. Insiders sold 104,314 shares of company stock worth $31,272,223 in the last quarter. Corporate insiders own 40.90% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have commented on ORCL shares. TD Cowen lifted their price target on Oracle from $325.00 to $375.00 and gave the stock a "buy" rating in a research report on Wednesday, September 10th. Piper Sandler lifted their price target on Oracle from $270.00 to $330.00 and gave the stock an "overweight" rating in a research report on Wednesday, September 10th. BMO Capital Markets set a $345.00 price objective on Oracle in a report on Wednesday, September 10th. Bank of America raised Oracle from a "neutral" rating to a "buy" rating and lifted their price objective for the stock from $295.00 to $368.00 in a report on Wednesday, September 10th. Finally, Raymond James Financial reissued a "strong-buy" rating on shares of Oracle in a report on Wednesday, June 18th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $306.71.

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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