Oracle Corporation $ORCL Shares Purchased by Oak Ridge Investments LLC

Key Points

• Oak Ridge Investments LLC increased its stake in Oracle Corporation by 137.8% in the 2nd quarter, owning a total of 110,248 shares valued at approximately $24 million.
• Oracle recently announced a quarterly dividend of $0.50 per share, with an annualized yield of 0.7%, to be paid on October 23rd.
• Several research firms have given Oracle a consensus rating of "Moderate Buy", with a notable price target increase from Jefferies Financial Group, now set at $360.00.

Oak Ridge Investments LLC increased its stake in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 137.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 110,248 shares of the enterprise software provider's stock after purchasing an additional 63,882 shares during the quarter. Oracle accounts for 1.7% of Oak Ridge Investments LLC's holdings, making the stock its 12th largest holding. Oak Ridge Investments LLC's holdings in Oracle were worth $24,104,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the business. Tranquility Partners LLC purchased a new stake in Oracle during the 2nd quarter worth about $273,000. Cerro Pacific Wealth Advisors LLC lifted its holdings in Oracle by 9.8% during the 2nd quarter. Cerro Pacific Wealth Advisors LLC now owns 12,622 shares of the enterprise software provider's stock worth $2,760,000 after buying an additional 1,125 shares during the last quarter. waypoint wealth counsel purchased a new stake in Oracle during the 2nd quarter worth about $248,000. GFS Advisors LLC purchased a new stake in Oracle during the 2nd quarter worth about $311,000. Finally, Apollon Wealth Management LLC lifted its holdings in Oracle by 4.5% during the 2nd quarter. Apollon Wealth Management LLC now owns 112,577 shares of the enterprise software provider's stock worth $24,613,000 after buying an additional 4,799 shares during the last quarter. 42.44% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on ORCL. Roth Capital reissued a "hold" rating on shares of Oracle in a report on Wednesday, June 18th. William Blair reissued an "outperform" rating on shares of Oracle in a report on Monday, September 22nd. BMO Capital Markets set a $345.00 target price on Oracle in a report on Wednesday, September 10th. Evercore ISI boosted their target price on Oracle from $340.00 to $350.00 and gave the company an "outperform" rating in a report on Friday. Finally, Jefferies Financial Group boosted their target price on Oracle from $270.00 to $360.00 and gave the company a "buy" rating in a report on Wednesday, September 10th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $306.71.

Oracle Stock Down 1.3%

ORCL opened at $293.04 on Friday. 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 business has a 50 day moving average price of $266.69 and a two-hundred day moving average price of $210.29. Oracle Corporation has a 52 week low of $118.86 and a 52 week high of $345.72. The company has a market cap of $835.40 billion, a PE ratio of 67.83, a P/E/G ratio of 3.15 and a beta of 1.53.

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 the consensus estimate of $1.48 by ($0.01). Oracle had a return on equity of 72.93% and a net margin of 21.08%.The business had revenue of $14.93 billion for the quarter, compared to analyst estimates of $15.04 billion. During the same quarter in the previous year, the firm posted $1.39 EPS. The business's revenue for the quarter was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, research analysts anticipate that Oracle Corporation will post 5 EPS for the current 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 given 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 0.7%. Oracle's payout ratio is presently 46.30%.

Insiders Place Their Bets

In other Oracle news, insider Clayton M. Magouyrk sold 21,241 shares of the business's 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 transaction, the insider owned 78,000 shares in the company, valued at approximately $23,174,580. The trade was a 21.40% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director William G. Parrett sold 11,500 shares of the business's stock in a transaction that occurred 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 transaction, the director owned 17,764 shares in the company, valued at $5,435,784. The trade was a 39.30% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 104,314 shares of company stock worth $31,272,223. Company insiders own 40.90% of the company's stock.

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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