Oracle Corporation $ORCL Stock Position Raised by Shell Asset Management Co.

Key Points

• Shell Asset Management Co. increased its stake in Oracle Corporation by 47.4% in Q2, now holding 38,886 shares valued at $8.5 million.
• Oracle's recent earnings report showed a revenue of $14.93 billion, missing analyst expectations, with an EPS of $1.47.
• Multiple analysts have raised their price targets for Oracle, with Bank of America setting a new price objective of $368.00.

Shell Asset Management Co. grew its stake in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 47.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 38,886 shares of the enterprise software provider's stock after purchasing an additional 12,500 shares during the period. Shell Asset Management Co.'s holdings in Oracle were worth $8,502,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Redmont Wealth Advisors LLC acquired a new stake in shares of Oracle during the first quarter valued at approximately $27,000. Inlight Wealth Management LLC purchased a new position in Oracle during the 1st quarter worth approximately $28,000. Iron Horse Wealth Management LLC raised its stake 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 valued at $29,000 after purchasing an additional 151 shares during the period. Legend Financial Advisors Inc. purchased 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 worth $38,000. Hedge funds and other institutional investors own 42.44% of the company's stock.

Analysts Set New Price Targets

ORCL has been the subject of several research analyst reports. Bank of America raised Oracle from a "neutral" rating to a "buy" rating and increased their price objective for the stock from $295.00 to $368.00 in a research note on Wednesday, September 10th. Morgan Stanley raised their price target on shares of Oracle from $246.00 to $320.00 and gave the stock an "equal weight" rating in a report on Tuesday, September 23rd. Roth Capital reiterated a "hold" rating on shares of Oracle in a research report on Wednesday, June 18th. DA Davidson boosted their price target on shares of Oracle from $220.00 to $300.00 and gave the company a "neutral" rating in a report on Wednesday, September 10th. Finally, Evercore ISI increased their price objective on Oracle from $270.00 to $340.00 and gave the stock an "outperform" rating in a report on Wednesday, September 10th. Two analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $304.71.

Oracle Trading Up 2.0%

Shares of ORCL stock opened at $291.77 on Tuesday. Oracle Corporation has a 12 month low of $118.86 and a 12 month high of $345.72. The company has a market cap of $831.77 billion, a PE ratio of 67.54, a price-to-earnings-growth ratio of 3.08 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. The business's 50 day moving average is $263.41 and its two-hundred day moving average is $206.82.

Oracle (NYSE:ORCL - Get Free Report) last issued 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). Oracle had a return on equity of 72.93% and a net margin of 21.08%.The firm had revenue of $14.93 billion during the quarter, compared to analyst estimates of $15.04 billion. During the same quarter in the previous year, the firm posted $1.39 earnings per share. Oracle'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. Equities analysts predict that Oracle Corporation will post 5 EPS for the current year.

Oracle Dividend Announcement

The firm also recently disclosed 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. This represents a $2.00 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, October 9th. Oracle's payout ratio is currently 46.30%.

Insiders Place Their Bets

In other news, Director Naomi O. Seligman sold 2,222 shares of the firm's stock in a transaction 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 sale, the director owned 29,225 shares in the company, valued at approximately $8,443,394.75. This trade represents a 7.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 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 transaction of $3,519,000.00. Following the transaction, the director directly owned 17,764 shares in the company, valued at $5,435,784. This trade represents a 39.30% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 104,314 shares of company stock worth $31,272,223 in the last 90 days. 40.90% of the stock is owned by company insiders.

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.

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