Sawyer & Company Inc Reduces Stake in Oracle Corporation $ORCL

Key Points

• Sawyer & Company Inc reduced its stake in Oracle Corporation by 6.9%, selling 4,801 shares, bringing their total holdings to 64,862 shares, valued at approximately $14,181,000.
• Multiple institutional investors have increased their positions in Oracle, with Brighton Jones LLC notably growing its stake by 189.3% to 153,580 shares worth $25,593,000.
• Oracle's latest quarterly earnings missed estimates, reporting $1.47 EPS against an expected $1.48, with revenues totaling $14.93 billion compared to a forecast of $15.04 billion.

Sawyer & Company Inc cut its holdings in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 6.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 64,862 shares of the enterprise software provider's stock after selling 4,801 shares during the quarter. Oracle comprises 5.4% of Sawyer & Company Inc's investment portfolio, making the stock its largest holding. Sawyer & Company Inc's holdings in Oracle were worth $14,181,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Brighton Jones LLC grew its position in Oracle by 189.3% in the 4th quarter. Brighton Jones LLC now owns 153,580 shares of the enterprise software provider's stock worth $25,593,000 after purchasing an additional 100,494 shares during the last quarter. Revolve Wealth Partners LLC grew its position in Oracle by 8.1% during the fourth quarter. Revolve Wealth Partners LLC now owns 5,418 shares of the enterprise software provider's stock worth $903,000 after buying an additional 404 shares in the last quarter. Visionary Wealth Advisors increased its stake in Oracle by 1.2% during the fourth quarter. Visionary Wealth Advisors now owns 11,717 shares of the enterprise software provider's stock valued at $1,953,000 after acquiring an additional 140 shares during the period. Virtus Investment Advisers Inc. acquired a new position in Oracle in the 4th quarter valued at approximately $150,000. Finally, Woodline Partners LP bought a new stake in shares of Oracle in the 4th quarter worth approximately $12,264,000. Institutional investors and hedge funds own 42.44% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on ORCL. TD Cowen boosted their price objective on Oracle from $325.00 to $375.00 and gave the company a "buy" rating in a research report on Wednesday, September 10th. Roth Capital reissued a "hold" rating on shares of Oracle in a report on Wednesday, June 18th. Cowen restated a "buy" rating and issued a $375.00 price objective on shares of Oracle in a research note on Wednesday, September 10th. Guggenheim lifted their target price on shares of Oracle from $250.00 to $375.00 and gave the company a "buy" rating in a research report on Wednesday, September 10th. Finally, Stifel Nicolaus upped their target price on shares of Oracle from $250.00 to $350.00 and gave the company a "buy" rating in a research note on Wednesday, September 10th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $303.44.

Insider Buying and Selling at Oracle

In related news, Director Rona Alison Fairhead purchased 480 shares of the stock in a transaction that occurred on Monday, July 7th. The stock was acquired at an average price of $233.87 per share, with a total value of $112,257.60. Following the completion of the acquisition, the director directly owned 22,110 shares in the company, valued at approximately $5,170,865.70. This trade represents a 2.22% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available 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 value of $3,519,000.00. Following the transaction, the director directly owned 17,764 shares in the company, valued at approximately $5,435,784. This represents a 39.30% decrease in their position. The disclosure for this sale can be found here. Insiders sold 61,924 shares of company stock valued at $16,971,612 over the last three months. Insiders own 42.20% of the company's stock.

Oracle Price Performance

Oracle stock opened at $306.80 on Wednesday. The business's fifty day moving average is $247.52 and its two-hundred day moving average is $192.43. 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 cap of $871.84 billion, a P/E ratio of 71.02, a P/E/G ratio of 3.26 and a beta of 1.46. Oracle Corporation has a 52 week low of $118.86 and a 52 week high of $345.72.

Oracle (NYSE:ORCL - Get Free Report) last released its quarterly earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share (EPS) 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 the consensus estimate of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. The business's quarterly revenue was up 12.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Equities research analysts forecast that Oracle Corporation will post 5 earnings per share for the current fiscal 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 given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Thursday, October 9th. Oracle's dividend payout ratio is presently 46.30%.

About Oracle

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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