Planned Solutions Inc. Invests $208,000 in Oracle Corporation $ORCL

Key Points

• Planned Solutions Inc. has acquired a new position in Oracle Corporation, purchasing 950 shares valued at approximately $208,000 in the second quarter.
• Several research firms have revised their price targets for Oracle, with notable increases from Stephens ($331.00), Mizuho ($350.00), and Jefferies ($400.00), indicating positive sentiment towards the stock.
• Oracle announced a quarterly dividend of $0.50 per share, with a dividend yield of 0.7%, set to be paid to stockholders on October 23rd.

Planned Solutions Inc. purchased a new position in Oracle Corporation (NYSE:ORCL - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 950 shares of the enterprise software provider's stock, valued at approximately $208,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Redmont Wealth Advisors LLC purchased a new stake in Oracle during the first quarter valued at approximately $27,000. Inlight Wealth Management LLC purchased a new stake in Oracle during the first quarter valued at approximately $28,000. Iron Horse Wealth Management LLC lifted its position in Oracle by 284.9% during the first quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider's stock valued at $29,000 after acquiring an additional 151 shares during the last quarter. Legend Financial Advisors Inc. purchased a new stake in Oracle during the second quarter valued at approximately $34,000. Finally, HighMark Wealth Management LLC purchased a new stake in Oracle during the second quarter valued at approximately $38,000. Hedge funds and other institutional investors own 42.44% of the company's stock.

Analysts Set New Price Targets

A number of research firms recently commented on ORCL. Stephens increased their target price on shares of Oracle from $208.00 to $331.00 and gave the company an "equal weight" rating in a research report on Friday. Citigroup restated a "buy" rating on shares of Oracle in a research note on Friday, October 10th. Mizuho upped their price target on shares of Oracle from $300.00 to $350.00 and gave the company an "outperform" rating in a research note on Wednesday, September 10th. Jefferies Financial Group upped their price target on shares of Oracle from $360.00 to $400.00 and gave the company a "buy" rating in a research note on Friday. Finally, William Blair restated an "outperform" rating on shares of Oracle in a research note on Friday. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $323.40.

Oracle Stock Down 6.7%

NYSE:ORCL opened at $291.95 on Friday. The firm has a market capitalization of $832.28 billion, a P/E ratio of 67.58, a PEG ratio of 3.13 and a beta of 1.53. Oracle Corporation has a 1-year low of $118.86 and a 1-year high of $345.72. The company's fifty day moving average price is $271.71 and its 200-day moving average price is $215.85. 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 released 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 business had revenue of $14.93 billion during the quarter, compared to analyst estimates of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.The firm's revenue was up 12.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, equities research analysts anticipate that Oracle Corporation will post 5 EPS for the current year.

Oracle Announces Dividend

The firm also recently disclosed 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. 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 Transactions at Oracle

In other news, insider Michael D. Sicilia sold 33,845 shares of the stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $321.16, for a total value of $10,869,660.20. Following the sale, the insider owned 132,656 shares in the company, valued at $42,603,800.96. This represents a 20.33% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Stuart Levey sold 19,758 shares of the stock in a transaction on Friday, October 10th. The stock was sold at an average price of $300.00, for a total transaction of $5,927,400.00. Following the completion of the sale, the executive vice president owned 18,429 shares in the company, valued at $5,528,700. The trade was a 51.74% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 120,769 shares of company stock valued at $36,428,967. 40.90% of the stock is owned by corporate 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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