TCV Trust & Wealth Management Inc. Grows Position in Oracle Corporation $ORCL

Key Points

• TCV Trust & Wealth Management Inc. increased its stake in Oracle Corporation by 24.6% during Q2, owning 31,229 shares worth approximately $6.83 million after purchasing an additional 6,158 shares.
• In recent insider trading, Michael D. Sicilia sold 16,323 shares valued at about $5.12 million, representing a 12.91% decrease in his ownership, while Director William G. Parrett sold 11,500 shares valued at $3.52 million.
• Wall Street analysts maintain a positive outlook on Oracle, with several increasing their price targets significantly, and the stock currently holds an average rating of "Moderate Buy" with a consensus price target of $303.44.

TCV Trust & Wealth Management Inc. lifted its position in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 24.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 31,229 shares of the enterprise software provider's stock after purchasing an additional 6,158 shares during the period. TCV Trust & Wealth Management Inc.'s holdings in Oracle were worth $6,828,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of ORCL. Brighton Jones LLC raised its position in shares of Oracle by 189.3% during the fourth quarter. Brighton Jones LLC now owns 153,580 shares of the enterprise software provider's stock worth $25,593,000 after purchasing an additional 100,494 shares during the period. Revolve Wealth Partners LLC grew its stake in Oracle by 8.1% in the 4th quarter. Revolve Wealth Partners LLC now owns 5,418 shares of the enterprise software provider's stock valued at $903,000 after purchasing an additional 404 shares during the period. First Heartland Consultants Inc. grew its stake in Oracle by 8.7% in the 4th quarter. First Heartland Consultants Inc. now owns 1,762 shares of the enterprise software provider's stock valued at $294,000 after purchasing an additional 141 shares during the period. Novem Group bought a new position in Oracle in the 4th quarter valued at $490,000. Finally, JT Stratford LLC grew its stake in Oracle by 19.1% in the 4th quarter. JT Stratford LLC now owns 1,710 shares of the enterprise software provider's stock valued at $285,000 after purchasing an additional 274 shares during the period. 42.44% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts have recently weighed in on ORCL shares. Raymond James Financial reiterated a "strong-buy" rating on shares of Oracle in a research note on Wednesday, June 18th. Morgan Stanley increased their target price on shares of Oracle from $175.00 to $246.00 and gave the stock an "equal weight" rating in a research report on Monday, September 8th. Loop Capital set a $135.00 target price on shares of Oracle in a research report on Tuesday, June 10th. Roth Capital reiterated a "hold" rating on shares of Oracle in a research report on Wednesday, June 18th. Finally, Jefferies Financial Group increased their target price on shares of Oracle from $270.00 to $360.00 and gave the stock a "buy" rating in a research report on Wednesday, September 10th. Two 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. According to MarketBeat, Oracle currently has an average rating of "Moderate Buy" and an average target price of $303.44.

Oracle Price Performance

Shares of NYSE:ORCL traded up $12.56 on Friday, hitting $309.18. The company's stock had a trading volume of 40,475,718 shares, compared to its average volume of 28,056,660. The company has a 50-day simple moving average of $251.63 and a 200 day simple moving average of $195.39. Oracle Corporation has a 1 year low of $118.86 and a 1 year high of $345.72. The company has a market capitalization of $878.60 billion, a PE ratio of 71.57, a PEG ratio of 3.34 and a beta of 1.46. The company has a debt-to-equity ratio of 3.33, a current ratio of 0.62 and a quick 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 earnings per share for the quarter, missing analysts' consensus estimates of $1.48 by ($0.01). The firm had revenue of $14.93 billion for the quarter, compared to analysts' expectations of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. The business's quarterly revenue was up 12.2% on a year-over-year basis. During the same period in the prior year, the business posted $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Sell-side analysts forecast that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Dividend Announcement

The company also recently declared 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 payout ratio is currently 46.30%.

Insider Activity at Oracle

In other Oracle news, insider Michael D. Sicilia sold 16,323 shares of the business's stock in a transaction on Tuesday, September 16th. The stock was sold at an average price of $313.60, for a total value of $5,118,892.80. Following the sale, the insider directly owned 110,094 shares of the company's stock, valued at approximately $34,525,478.40. The trade was a 12.91% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director William G. Parrett sold 11,500 shares of the business's stock in a transaction on Friday, September 12th. The stock was sold at an average price of $306.00, for a total value of $3,519,000.00. Following the completion of the sale, the director directly owned 17,764 shares in the company, valued at $5,435,784. This trade represents a 39.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 78,247 shares of company stock valued at $22,090,505 over the last ninety days. Insiders own 42.20% of the company's stock.

Oracle Company Profile

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.