Oracle Corporation $ORCL Shares Purchased by OFI Invest Asset Management

Key Points

• OFI Invest Asset Management increased its holdings in Oracle Corporation by 12.1% in the second quarter, owning 339,291 shares valued at approximately $74.18 million.
• Oracle's stock has a consensus rating of "Moderate Buy" with an average target price of $306.71, showing positive outlook from analysts after several upgrades.
• The company recently announced a quarterly dividend of $0.50, corresponding to an annual yield of 0.7%, scheduled for payment on October 23rd.

OFI Invest Asset Management increased its position in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 12.1% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 339,291 shares of the enterprise software provider's stock after purchasing an additional 36,695 shares during the quarter. OFI Invest Asset Management's holdings in Oracle were worth $74,179,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Reyes Financial Architecture Inc. raised its holdings in shares of Oracle by 7.2% in the second quarter. Reyes Financial Architecture Inc. now owns 643 shares of the enterprise software provider's stock worth $141,000 after acquiring an additional 43 shares during the last quarter. Creative Capital Management Investments LLC raised its holdings in shares of Oracle by 5.7% in the second quarter. Creative Capital Management Investments LLC now owns 798 shares of the enterprise software provider's stock worth $174,000 after acquiring an additional 43 shares during the last quarter. MFA Wealth Services raised its holdings in shares of Oracle by 1.0% in the second quarter. MFA Wealth Services now owns 4,563 shares of the enterprise software provider's stock worth $998,000 after acquiring an additional 43 shares during the last quarter. Davis Investment Partners LLC raised its holdings in shares of Oracle by 0.7% in the second quarter. Davis Investment Partners LLC now owns 6,930 shares of the enterprise software provider's stock worth $1,517,000 after acquiring an additional 46 shares during the last quarter. Finally, Acropolis Investment Management LLC raised its holdings in shares of Oracle by 2.6% in the second quarter. Acropolis Investment Management LLC now owns 1,850 shares of the enterprise software provider's stock worth $404,000 after acquiring an additional 47 shares during the last quarter. 42.44% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on ORCL. Rothschild Redb raised Oracle to a "strong sell" rating in a report on Thursday, September 25th. Guggenheim boosted their price target on Oracle from $250.00 to $375.00 and gave the stock a "buy" rating in a report on Wednesday, September 10th. Jefferies Financial Group upped their target price on Oracle from $270.00 to $360.00 and gave the company a "buy" rating in a research note on Wednesday, September 10th. DA Davidson upped their target price on Oracle from $220.00 to $300.00 and gave the company a "neutral" rating in a research note on Wednesday, September 10th. Finally, Cowen reiterated a "buy" rating and issued a $375.00 target price on shares of Oracle in a research note on Wednesday, September 10th. Three investment 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 assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $306.71.

Insider Buying and Selling

In other news, Director Naomi O. Seligman sold 2,222 shares of the company's stock in a transaction dated Friday, September 26th. The stock was sold at an average price of $288.91, for a total value of $641,958.02. Following the completion of the sale, the director owned 29,225 shares of the company's stock, valued at $8,443,394.75. This represents a 7.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Clayton M. Magouyrk sold 21,241 shares of the company's stock in a transaction dated Friday, September 12th. The stock was 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 of the company's stock, valued at $23,174,580. The trade was 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 over the last three months. 40.90% of the stock is currently owned by corporate insiders.

Oracle Price Performance

Shares of NYSE ORCL opened at $293.04 on Friday. Oracle Corporation has a 1-year low of $118.86 and a 1-year high of $345.72. The business has a 50-day moving average of $266.69 and a 200-day moving average of $210.29. 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 company has a market capitalization of $835.40 billion, a price-to-earnings ratio of 67.83, a PEG ratio of 3.15 and a beta of 1.53.

Oracle (NYSE:ORCL - Get Free Report) last issued its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share 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 company had revenue of $14.93 billion during the quarter, compared to analysts' expectations of $15.04 billion. During the same period in the previous year, the company earned $1.39 EPS. Oracle's quarterly revenue was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, equities analysts anticipate that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Dividend Announcement

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