Oracle Corporation $ORCL Shares Purchased by Triad Wealth Partners LLC

Key Points

• Triad Wealth Partners LLC increased its position in Oracle Corporation by 52.5%, owning 3,672 shares valued at approximately $803,000 after purchasing 1,264 additional shares in the second quarter.
• Oracle has seen several upgrades in its stock ratings, with price targets raised to as high as $364.00, and a consensus rating of "Moderate Buy" according to analysts.
• Oracle announced a quarterly dividend of $0.50 per share, with an ex-dividend date of October 9th, representing a 0.7% yield based on its current payout ratio of 46.30%.

Triad Wealth Partners LLC increased its position in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 52.5% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 3,672 shares of the enterprise software provider's stock after purchasing an additional 1,264 shares during the quarter. Triad Wealth Partners LLC's holdings in Oracle were worth $803,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of ORCL. Redmont Wealth Advisors LLC acquired a new position in Oracle during the first quarter worth $27,000. Inlight Wealth Management LLC acquired a new position in shares of Oracle in the first quarter worth $28,000. Iron Horse Wealth Management LLC raised its holdings in shares of Oracle by 284.9% in the first quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider's stock worth $29,000 after acquiring an additional 151 shares during the last quarter. Legend Financial Advisors Inc. acquired a new position in shares of Oracle in the second quarter worth $34,000. Finally, Graybill Wealth Management LTD. acquired a new position in shares of Oracle in the first quarter worth $39,000. 42.44% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on ORCL shares. Sanford C. Bernstein boosted their price target on Oracle from $363.00 to $364.00 and gave the stock an "outperform" rating in a report on Friday, September 26th. Bank of America raised Oracle from a "neutral" rating to a "buy" rating and boosted their price target for the stock from $295.00 to $368.00 in a report on Wednesday, September 10th. Stifel Nicolaus boosted their price target on Oracle from $250.00 to $350.00 and gave the stock a "buy" rating in a report on Wednesday, September 10th. Jefferies Financial Group boosted their price target on Oracle from $270.00 to $360.00 and gave the stock a "buy" rating in a report on Wednesday, September 10th. Finally, Loop Capital set a $135.00 price target on Oracle in a report on Tuesday, June 10th. Two research analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat.com, Oracle currently has a consensus rating of "Moderate Buy" and an average target price of $304.71.

Insider Activity

In other Oracle news, Director William G. Parrett sold 11,500 shares of the company'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 transaction of $3,519,000.00. Following the sale, the director owned 17,764 shares in the company, valued at $5,435,784. This represents a 39.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Naomi O. Seligman sold 2,222 shares of the company's stock in a transaction that occurred on Friday, September 26th. The shares were sold at an average price of $288.91, for a total value of $641,958.02. Following the transaction, the director directly owned 29,225 shares of the company's stock, valued at $8,443,394.75. This trade represents a 7.07% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 104,314 shares of company stock valued at $31,272,223 over the last three months. Company insiders own 42.20% of the company's stock.

Oracle Trading Up 0.1%

Shares of NYSE ORCL opened at $289.18 on Friday. The stock's 50 day moving average price is $261.71 and its two-hundred day moving average price is $204.17. Oracle Corporation has a 52-week low of $118.86 and a 52-week high of $345.72. The stock has a market capitalization of $824.39 billion, a P/E ratio of 66.94, a PEG ratio of 3.11 and a beta of 1.53. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 3.33.

Oracle (NYSE:ORCL - Get Free Report) last announced its quarterly earnings data 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 net margin of 21.08% and a return on equity of 72.93%. The firm 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 company earned $1.39 EPS. The company's quarterly revenue 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, analysts anticipate that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th will be paid 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 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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