Ritholtz Wealth Management Buys 2,794 Shares of Oracle Corporation $ORCL

Key Points

• Ritholtz Wealth Management increased its stake in Oracle Corporation by 3.9%, acquiring an additional 2,794 shares, bringing its total holdings to 74,675 shares valued at approximately $16.33 million.
• Oracle reported quarterly earnings of $1.47 per share, missing estimates by one cent, with a revenue of $14.93 billion, which was also below expectations.
• The company has declared a quarterly dividend of $0.50 per share, which will be payable on October 23rd, with an annualized yield of 0.7%.

Ritholtz Wealth Management lifted its position in Oracle Corporation (NYSE:ORCL - Free Report) by 3.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 74,675 shares of the enterprise software provider's stock after acquiring an additional 2,794 shares during the period. Ritholtz Wealth Management's holdings in Oracle were worth $16,326,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of ORCL. Legend Financial Advisors Inc. bought a new stake in shares of Oracle in the 2nd quarter valued at $34,000. HighMark Wealth Management LLC acquired a new position in Oracle in the second quarter valued at about $38,000. Redmont Wealth Advisors LLC bought a new stake in shares of Oracle in the first quarter worth about $27,000. Inlight Wealth Management LLC acquired a new stake in shares of Oracle during the first quarter worth about $28,000. Finally, Iron Horse Wealth Management LLC lifted its holdings in shares of 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 in the last quarter. Institutional investors and hedge funds own 42.44% of the company's stock.

Oracle Trading Down 2.8%

Shares of NYSE:ORCL opened at $299.33 on Wednesday. The company's 50-day moving average price is $268.67 and its two-hundred day moving average price is $212.52. Oracle Corporation has a one year low of $118.86 and a one year high of $345.72. The company has a debt-to-equity ratio of 3.33, a current ratio of 0.62 and a quick ratio of 0.62. The stock has a market capitalization of $853.32 billion, a PE ratio of 69.29, a price-to-earnings-growth ratio of 3.31 and a beta of 1.53.

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 the consensus estimate of $1.48 by ($0.01). The company had revenue of $14.93 billion during the quarter, compared to the consensus estimate of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. Oracle's revenue was up 12.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, equities analysts forecast that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Thursday, October 9th. This represents a $2.00 annualized dividend and a dividend yield of 0.7%. Oracle's payout ratio is 46.30%.

Analyst Ratings Changes

A number of analysts recently issued reports on ORCL shares. Rothschild Redb raised Oracle to a "strong sell" rating in a research note on Thursday, September 25th. Citigroup reiterated a "buy" rating on shares of Oracle in a report on Friday. Scotiabank restated an "outperform" rating on shares of Oracle in a report on Wednesday, September 10th. BNP Paribas set a $377.00 price objective on shares of Oracle in a research report on Wednesday, September 10th. Finally, Raymond James Financial reiterated a "strong-buy" rating on shares of Oracle in a report on Wednesday, June 18th. Three 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 stock. According to data from MarketBeat.com, Oracle currently has an average rating of "Moderate Buy" and a consensus target price of $307.00.

Insider Activity at Oracle

In related news, insider Clayton M. Magouyrk sold 21,241 shares of the business's stock in a transaction on Friday, September 12th. The shares were sold at an average price of $297.11, for a total transaction of $6,310,913.51. Following the transaction, the insider directly owned 78,000 shares in the company, valued at approximately $23,174,580. The trade was a 21.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director William G. Parrett sold 11,500 shares of the company'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 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. Over the last quarter, insiders have sold 120,769 shares of company stock worth $36,428,967. Insiders own 40.90% 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.

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