Public Employees Retirement System of Ohio Buys 9,904 Shares of Oracle Corporation $ORCL

Key Points

• The Public Employees Retirement System of Ohio increased its stake in Oracle Corporation by 1.5%, owning 681,800 shares now after acquiring an additional 9,904 shares.
• Oracle recently reported a quarterly EPS of $1.47, missing analysts' expectations of $1.48, with revenue of $14.93 billion, below the projected $15.04 billion.
• The company announced a quarterly dividend of $0.50 that will be paid on October 23rd, with a dividend yield of 0.6% and an annualized dividend of $2.00.

Public Employees Retirement System of Ohio lifted its stake in Oracle Corporation (NYSE:ORCL - Free Report) by 1.5% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 681,800 shares of the enterprise software provider's stock after acquiring an additional 9,904 shares during the period. Oracle accounts for 0.5% of Public Employees Retirement System of Ohio's portfolio, making the stock its 26th largest position. Public Employees Retirement System of Ohio's holdings in Oracle were worth $149,062,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Reyes Financial Architecture Inc. increased its position in Oracle by 7.2% during the 2nd quarter. Reyes Financial Architecture Inc. now owns 643 shares of the enterprise software provider's stock valued at $141,000 after buying an additional 43 shares in the last quarter. Davis Investment Partners LLC increased its position in Oracle by 0.7% during the 2nd quarter. Davis Investment Partners LLC now owns 6,930 shares of the enterprise software provider's stock valued at $1,517,000 after buying an additional 46 shares in the last quarter. Acropolis Investment Management LLC increased its position in Oracle by 2.6% during the 2nd quarter. Acropolis Investment Management LLC now owns 1,850 shares of the enterprise software provider's stock valued at $404,000 after buying an additional 47 shares in the last quarter. Sunpointe LLC increased its position in Oracle by 0.9% during the 2nd quarter. Sunpointe LLC now owns 5,563 shares of the enterprise software provider's stock valued at $1,216,000 after buying an additional 48 shares in the last quarter. Finally, American Financial Advisors LLC increased its position in Oracle by 2.3% during the 2nd quarter. American Financial Advisors LLC now owns 2,234 shares of the enterprise software provider's stock valued at $488,000 after buying an additional 50 shares in the last quarter. 42.44% of the stock is owned by institutional investors.

Oracle Stock Down 4.0%

Shares of ORCL stock opened at $314.90 on Wednesday. Oracle Corporation has a fifty-two week low of $118.86 and a fifty-two 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. The firm has a market capitalization of $894.84 billion, a PE ratio of 72.89, a P/E/G ratio of 3.55 and a beta of 1.46. The stock's 50-day simple moving average is $255.23 and its 200-day simple moving average is $197.74.

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

Oracle Dividend Announcement

The business 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. The ex-dividend date is Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.6%. 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 company's stock in a transaction dated Tuesday, September 23rd. The stock was 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director William G. Parrett sold 11,500 shares of the company's stock in a transaction dated 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 owned 17,764 shares in the company, valued at $5,435,784. The trade was a 39.30% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 112,092 shares of company stock valued at $32,960,165. 42.20% of the stock is owned by insiders.

Analyst Ratings Changes

Several research analysts recently issued reports on ORCL shares. Westpark Capital upped their target price on Oracle from $195.00 to $246.00 and gave the company a "buy" rating in a research report on Thursday, June 12th. Evercore ISI upped their target price on Oracle from $270.00 to $340.00 and gave the company an "outperform" rating in a research report on Wednesday, September 10th. Melius Research upped their target price on Oracle from $270.00 to $370.00 and gave the company a "buy" rating in a research report on Wednesday, September 10th. KeyCorp upped their target price on Oracle from $200.00 to $225.00 and gave the company an "overweight" rating in a research report on Thursday, June 12th. Finally, Piper Sandler increased their price objective on Oracle from $270.00 to $330.00 and gave the company an "overweight" rating in a report on Wednesday, September 10th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $305.75.

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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