Sequoia Financial Advisors LLC Purchases 8,460 Shares of Oracle Corporation $ORCL

Key Points

• Sequoia Financial Advisors LLC increased its position in Oracle Corporation by 4.0% in the second quarter, now holding 218,595 shares worth approximately $47.8 million.
• Oracle reported $1.47 earnings per share in its latest quarter, missing analyst estimates, while its revenue of $14.93 billion also fell short of expectations.
• The company declared a $0.50 quarterly dividend to be paid on October 23rd, with a yield of 0.7% and a payout ratio of 46.30%.

Sequoia Financial Advisors LLC grew its position in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 4.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 218,595 shares of the enterprise software provider's stock after buying an additional 8,460 shares during the period. Sequoia Financial Advisors LLC's holdings in Oracle were worth $47,791,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Harel Insurance Investments & Financial Services Ltd. increased its position in Oracle by 71.6% during the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 257,378 shares of the enterprise software provider's stock worth $35,984,000 after buying an additional 107,404 shares during the period. Lockheed Martin Investment Management Co. grew its holdings in shares of Oracle by 4.3% during the 1st quarter. Lockheed Martin Investment Management Co. now owns 51,350 shares of the enterprise software provider's stock worth $7,179,000 after purchasing an additional 2,110 shares in the last quarter. Cascade Investment Group Inc. acquired a new stake in shares of Oracle during the 2nd quarter worth $239,000. Lockerman Financial Group Inc. acquired a new stake in shares of Oracle during the 2nd quarter worth $328,000. Finally, Elser Financial Planning Inc acquired a new stake in shares of Oracle during the 2nd quarter worth $1,066,000. Institutional investors own 42.44% of the company's stock.

Oracle Price Performance

Oracle stock opened at $293.04 on Monday. The stock has a market capitalization of $835.40 billion, a price-to-earnings ratio of 67.83, a PEG ratio of 3.15 and a beta of 1.53. Oracle Corporation has a 52-week low of $118.86 and a 52-week high of $345.72. The stock's 50 day moving average price is $266.69 and its two-hundred day moving average price is $210.74. 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 (NYSE:ORCL - Get Free Report) last posted 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 for the quarter, compared to the consensus estimate of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.Oracle's quarterly revenue was up 12.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, equities analysts predict that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Announces Dividend

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

Insider Transactions at Oracle

In other news, insider Clayton M. Magouyrk sold 21,241 shares of the business's stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $297.11, for a total transaction of $6,310,913.51. Following the completion of the sale, the insider owned 78,000 shares in the company, valued at $23,174,580. The trade was a 21.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Naomi O. Seligman sold 2,222 shares of the business's stock in a transaction that occurred on Friday, September 26th. The shares were sold at an average price of $288.91, for a total value of $641,958.02. Following the sale, the director owned 29,225 shares of the company's stock, valued at approximately $8,443,394.75. This represents a 7.07% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 104,314 shares of company stock worth $31,272,223. Insiders own 40.90% of the company's stock.

Analyst Ratings Changes

ORCL has been the topic of several analyst reports. Sanford C. Bernstein increased their target price on Oracle from $363.00 to $364.00 and gave the stock an "outperform" rating in a report on Friday, September 26th. Guggenheim increased their target price on Oracle from $250.00 to $375.00 and gave the stock a "buy" rating in a report on Wednesday, September 10th. Rothschild & Co Redburn initiated coverage on Oracle in a report on Thursday, September 25th. They set a "sell" rating and a $175.00 target price on the stock. Melius Research increased their target price on Oracle from $270.00 to $370.00 and gave the stock a "buy" rating in a report on Wednesday, September 10th. Finally, Scotiabank reaffirmed an "outperform" rating on shares of Oracle in a research note on Wednesday, September 10th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat, Oracle presently has a consensus rating of "Moderate Buy" and a consensus target price of $306.71.

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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