Oracle Corporation $ORCL Stake Lowered by Western Financial Corp CA

Key Points

• Western Financial Corp CA has reduced its stake in Oracle Corporation by 39.8% in Q2, bringing its total shares to 4,206, valued at approximately $920,000.
• Oracle's recent quarterly earnings showed an EPS of $1.47, which missed analysts' estimates of $1.48, while also reporting revenue of $14.93 billion.
• The company has announced a quarterly dividend of $0.50 per share, which will be paid to stockholders on October 23rd, contributing to an annualized yield of 0.7%.

Western Financial Corp CA trimmed its holdings in Oracle Corporation (NYSE:ORCL - Free Report) by 39.8% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,206 shares of the enterprise software provider's stock after selling 2,779 shares during the quarter. Western Financial Corp CA's holdings in Oracle were worth $920,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. 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 grew its holdings 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 in the last quarter. Legend Financial Advisors Inc. bought a new position in Oracle in the 2nd quarter worth approximately $34,000. Finally, Graybill Wealth Management LTD. bought a new position in Oracle in the 1st quarter worth approximately $39,000. 42.44% of the stock is owned by institutional investors.

Oracle Price Performance

Shares of NYSE:ORCL opened at $283.29 on Friday. Oracle Corporation has a one year low of $118.86 and a one year high of $345.72. The stock has a fifty day moving average of $258.19 and a 200-day moving average of $200.44. The company has a market capitalization of $805.03 billion, a PE ratio of 65.58, a price-to-earnings-growth ratio of 3.13 and a beta of 1.46. The company has a debt-to-equity ratio of 3.33, a quick ratio of 0.62 and a current ratio of 0.62.

Oracle (NYSE:ORCL - Get Free Report) last announced its quarterly earnings data on Tuesday, September 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing analysts' consensus estimates of $1.48 by ($0.01). Oracle had a net margin of 21.08% and a return on equity of 72.93%. The company had revenue of $14.93 billion for the quarter, compared to analyst estimates of $15.04 billion. During the same quarter last year, the company posted $1.39 EPS. Oracle's revenue 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, equities analysts anticipate that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th will be issued a $0.50 dividend. The ex-dividend date is Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.7%. Oracle's dividend payout ratio is presently 46.30%.

Insider Buying and Selling

In other news, Director Naomi O. Seligman sold 3,303 shares of the stock in a transaction on Wednesday, July 16th. The stock was sold at an average price of $233.32, for a total value of $770,655.96. Following the completion of the sale, the director owned 31,447 shares in the company, valued at $7,337,214.04. This represents a 9.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Clayton M. Magouyrk sold 21,241 shares of the 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 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. Over the last three months, insiders have sold 112,092 shares of company stock valued at $32,960,165. 42.20% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on ORCL shares. Evercore ISI upped their target price on Oracle from $270.00 to $340.00 and gave the stock an "outperform" rating in a research report on Wednesday, September 10th. Wolfe Research upped their target price on Oracle from $300.00 to $400.00 and gave the stock an "outperform" rating in a research report on Wednesday, September 10th. Bank of America upgraded Oracle from a "neutral" rating to a "buy" rating and upped their target price for the stock from $295.00 to $368.00 in a research report on Wednesday, September 10th. UBS Group set a $364.00 target price on Oracle in a research report on Friday. Finally, Jefferies Financial Group upped their target price on Oracle from $270.00 to $360.00 and gave the stock a "buy" rating in a research report on Wednesday, September 10th. Two research analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $304.71.

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.

Want to see what other hedge funds are holding ORCL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Oracle Corporation (NYSE:ORCL - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.