Oracle Corporation $ORCL Stake Reduced by Atria Wealth Solutions Inc.

Key Points

• Atria Wealth Solutions Inc. has reduced its stake in Oracle Corporation by 73.2%, now holding 19,296 shares worth approximately $4.28 million.
• Oracle reported an earnings per share (EPS) of $1.47 for the last quarter, slightly missing the consensus estimate by $0.01, while revenues totaled $14.93 billion.
• The company announced a quarterly dividend of $0.50, contributing to an annualized dividend yield of 0.6%, with the ex-dividend date set for October 9th.

Atria Wealth Solutions Inc. lessened its holdings in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 73.2% in the second quarter, according to its most recent filing with the SEC. The firm owned 19,296 shares of the enterprise software provider's stock after selling 52,584 shares during the quarter. Atria Wealth Solutions Inc.'s holdings in Oracle were worth $4,282,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in ORCL. Redmont Wealth Advisors LLC acquired a new position in Oracle during the 1st quarter worth $27,000. Inlight Wealth Management LLC acquired a new position in Oracle during the 1st quarter worth $28,000. Iron Horse Wealth Management LLC boosted its position in Oracle by 284.9% during the 1st 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 period. Legend Financial Advisors Inc. acquired a new stake in shares of Oracle in the second quarter valued at $34,000. Finally, HighMark Wealth Management LLC acquired a new stake in shares of Oracle in the second quarter valued at $38,000. Institutional investors and hedge funds own 42.44% of the company's stock.

Oracle Stock Up 5.2%

NYSE ORCL opened at $308.14 on Tuesday. The stock has a fifty day moving average of $267.80 and a 200-day moving average of $211.91. The stock has a market capitalization of $878.43 billion, a P/E ratio of 71.33, a price-to-earnings-growth ratio of 3.15 and a beta of 1.53. Oracle Corporation has a 52 week low of $118.86 and a 52 week high of $345.72. 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 released its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing the consensus estimate of $1.48 by ($0.01). The firm had revenue of $14.93 billion during the quarter, compared to analyst estimates of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. The firm's quarterly revenue was up 12.2% on a year-over-year basis. During the same period last year, the business posted $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, equities research analysts forecast that Oracle Corporation will post 5 EPS for the current year.

Oracle Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th will be paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Thursday, October 9th. Oracle's dividend payout ratio (DPR) is 46.30%.

Insider Transactions at Oracle

In related news, Director William G. Parrett sold 11,500 shares of Oracle stock in a transaction 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 completion of the sale, the director directly owned 17,764 shares of the company's stock, valued at $5,435,784. The trade was a 39.30% decrease in their ownership of the stock. The sale 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 Oracle stock in a transaction on 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 sale, the insider directly owned 78,000 shares of the company's stock, valued at approximately $23,174,580. This trade represents a 21.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 104,314 shares of company stock valued at $31,272,223 over the last quarter. Corporate insiders own 40.90% of the company's stock.

Analyst Ratings Changes

Several brokerages have recently commented on ORCL. Scotiabank reaffirmed an "outperform" rating on shares of Oracle in a report on Wednesday, September 10th. Redburn Partners set a $175.00 target price on Oracle in a research report on Thursday, September 25th. Mizuho raised their price target on Oracle from $300.00 to $350.00 and gave the company an "outperform" rating in a report on Wednesday, September 10th. Stifel Nicolaus raised their price target on Oracle from $250.00 to $350.00 and gave the company a "buy" rating in a report on Wednesday, September 10th. Finally, Robert W. Baird began coverage on Oracle in a report on Wednesday, October 8th. They set an "outperform" rating and a $365.00 price target for the company. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $307.00.

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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