UMB Bank n.a. Lowers Position in Oracle Corporation $ORCL

Key Points

• UMB Bank n.a. has reduced its stake in Oracle Corporation by 18.6%, owning 175,019 shares valued at approximately $38.26 million after selling 40,055 shares in the second quarter.
• Oracle's recent earnings report showed an EPS of $1.47, which fell short of analysts' expectations of $1.48, with a revenue of $14.93 billion for the quarter.
• The company announced a quarterly dividend of $0.50 per share, translating to an annualized dividend of $2.00 and a dividend yield of 0.6%, payable on October 23rd.

UMB Bank n.a. lowered its position in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 18.6% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 175,019 shares of the enterprise software provider's stock after selling 40,055 shares during the quarter. UMB Bank n.a.'s holdings in Oracle were worth $38,264,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Vanguard Group Inc. grew its position in shares of Oracle by 2.2% during the first quarter. Vanguard Group Inc. now owns 160,925,413 shares of the enterprise software provider's stock worth $22,498,982,000 after buying an additional 3,513,464 shares in the last quarter. Northern Trust Corp lifted its stake in shares of Oracle by 0.6% in the 1st quarter. Northern Trust Corp now owns 19,741,423 shares of the enterprise software provider's stock valued at $2,760,048,000 after purchasing an additional 120,889 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Oracle by 0.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 13,884,524 shares of the enterprise software provider's stock worth $1,941,195,000 after purchasing an additional 59,164 shares during the last quarter. Amundi boosted its position in Oracle by 3.3% during the 1st quarter. Amundi now owns 12,736,855 shares of the enterprise software provider's stock valued at $1,749,280,000 after purchasing an additional 409,691 shares during the period. Finally, Polen Capital Management LLC boosted its position in Oracle by 17.6% during the 1st quarter. Polen Capital Management LLC now owns 12,609,101 shares of the enterprise software provider's stock worth $1,762,878,000 after acquiring an additional 1,885,370 shares during the period. Institutional investors own 42.44% of the company's stock.

Oracle Stock Up 4.2%

Shares of Oracle stock traded up $12.56 on Friday, hitting $309.18. 40,475,718 shares of the company's stock traded hands, compared to its average volume of 29,628,284. The stock has a market cap of $878.60 billion, a P/E ratio of 71.57, a PEG ratio of 3.34 and a beta of 1.46. 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 Corporation has a 52-week low of $118.86 and a 52-week high of $345.72. The firm's 50-day moving average is $251.63 and its 200 day moving average is $195.70.

Oracle (NYSE:ORCL - Get Free Report) last issued its quarterly 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 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 prior year, the business posted $1.39 EPS. The company'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. Equities analysts anticipate that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Dividend Announcement

The firm also recently announced 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. The ex-dividend date is Thursday, October 9th. This represents a $2.00 annualized dividend and a dividend yield of 0.6%. Oracle's dividend payout ratio is presently 46.30%.

Analysts Set New Price Targets

A number of brokerages have commented on ORCL. Cowen restated a "buy" rating and issued a $375.00 target price on shares of Oracle in a research note on Wednesday, September 10th. Scotiabank reissued an "outperform" rating on shares of Oracle in a research note on Wednesday, September 10th. TD Cowen increased 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. Barclays raised their target price on Oracle from $221.00 to $281.00 and gave the company an "overweight" rating in a research note on Monday, September 8th. Finally, Wolfe Research upped their price target on shares of Oracle from $300.00 to $400.00 and gave the stock an "outperform" rating in a report on Wednesday, September 10th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $303.44.

Insider Transactions at Oracle

In other news, Director Naomi O. Seligman sold 3,303 shares of Oracle stock in a transaction on Wednesday, July 16th. The stock was sold at an average price of $233.32, for a total transaction of $770,655.96. Following the sale, the director directly owned 31,447 shares in the company, valued at $7,337,214.04. The trade was a 9.51% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Michael D. Sicilia sold 16,323 shares of the business's stock in a transaction dated Tuesday, September 16th. The shares were sold at an average price of $313.60, for a total value of $5,118,892.80. Following the completion of the sale, the insider directly owned 110,094 shares of the company's stock, valued at approximately $34,525,478.40. This trade represents a 12.91% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 78,247 shares of company stock valued at $22,090,505. Corporate insiders own 42.20% of the company's stock.

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.