Park Avenue Securities LLC Buys 12,070 Shares of Oracle Corporation $ORCL

Key Points

• Park Avenue Securities LLC significantly increased its stake in Oracle Corporation by purchasing an additional 12,070 shares, bringing its total holdings to 46,756 shares valued at approximately $10.2 million.
• Oracle reported a $1.47 EPS for the last quarter, slightly missing analysts' expectations, with a quarterly revenue of $14.93 billion, which was up 12.2% year-over-year.
• The company announced a quarterly dividend of $0.50 per share, representing an annual yield of 0.6%, with the payment date set for October 23rd.

Park Avenue Securities LLC increased its stake in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 34.8% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 46,756 shares of the enterprise software provider's stock after purchasing an additional 12,070 shares during the quarter. Park Avenue Securities LLC's holdings in Oracle were worth $10,222,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the stock. Border to Coast Pensions Partnership Ltd increased its position in shares of Oracle by 6.4% during the 2nd quarter. Border to Coast Pensions Partnership Ltd now owns 491,341 shares of the enterprise software provider's stock valued at $107,422,000 after purchasing an additional 29,722 shares during the last quarter. Annex Advisory Services LLC increased its position in shares of Oracle by 14.0% during the 2nd quarter. Annex Advisory Services LLC now owns 251,615 shares of the enterprise software provider's stock valued at $55,011,000 after purchasing an additional 30,929 shares during the last quarter. Wealth Management Partners LLC bought a new position in shares of Oracle during the 2nd quarter valued at approximately $313,000. Bond & Devick Financial Network Inc. increased its position in shares of Oracle by 6.8% during the 2nd quarter. Bond & Devick Financial Network Inc. now owns 1,950 shares of the enterprise software provider's stock valued at $426,000 after purchasing an additional 125 shares during the last quarter. Finally, Quantum Financial Advisors LLC increased its position in shares of Oracle by 2.5% during the 2nd quarter. Quantum Financial Advisors LLC now owns 4,066 shares of the enterprise software provider's stock valued at $889,000 after purchasing an additional 100 shares during the last quarter. Institutional investors own 42.44% of the company's stock.

Oracle Trading Up 4.2%

Oracle stock opened at $309.18 on Monday. The stock has a 50-day moving average of $251.63 and a two-hundred day moving average of $195.70. 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 Corporation has a one year low of $118.86 and a one year high of $345.72. The stock has a market cap of $878.60 billion, a PE ratio of 71.57, a price-to-earnings-growth ratio of 3.34 and a beta of 1.46.

Oracle (NYSE:ORCL - Get Free Report) last released its quarterly earnings results 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 business had revenue of $14.93 billion during the quarter, compared to analysts' expectations of $15.04 billion. During the same quarter last year, the business posted $1.39 earnings per share. The company'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. On average, research analysts anticipate that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Announces Dividend

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

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on ORCL shares. Cowen reissued a "buy" rating and set a $375.00 target price on shares of Oracle in a research report on Wednesday, September 10th. Mizuho upped their price objective on Oracle from $300.00 to $350.00 and gave the company an "outperform" rating in a research report on Wednesday, September 10th. UBS Group set a $300.00 price objective on Oracle in a research report on Wednesday, September 10th. Loop Capital set a $135.00 price objective on Oracle in a research report on Tuesday, June 10th. Finally, DA Davidson upped their price objective on Oracle from $220.00 to $300.00 and gave the company a "neutral" 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 issued a Hold rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $303.44.

Insider Buying and Selling

In other news, insider Clayton M. Magouyrk sold 21,241 shares of the stock in a transaction dated 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 transaction, the insider directly owned 78,000 shares of the company's stock, valued at approximately $23,174,580. This represents a 21.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director William G. Parrett sold 11,500 shares of the stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $306.00, for a total value of $3,519,000.00. Following the completion of the transaction, the director directly owned 17,764 shares in the company, valued at $5,435,784. This 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 in the last 90 days. 42.20% of the stock is owned by insiders.

Oracle 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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