Soltis Investment Advisors LLC Raises Position in Oracle Corporation $ORCL

Key Points

• Soltis Investment Advisors LLC increased its stake in Oracle Corporation by 4.8% in Q2, bringing its total holdings to 32,937 shares valued at approximately $7.2 million.
• Oracle's stock missed earnings estimates for Q1, reporting $1.47 EPS versus the expected $1.48, with a revenue of $14.93 billion, slightly lower than the forecast.
• The company declared a quarterly dividend of $0.50 per share, with a current dividend yield of 0.8% and a payout ratio of 46.30%.

Soltis Investment Advisors LLC lifted its stake in Oracle Corporation (NYSE:ORCL - Free Report) by 4.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 32,937 shares of the enterprise software provider's stock after buying an additional 1,515 shares during the period. Soltis Investment Advisors LLC's holdings in Oracle were worth $7,201,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Nuveen LLC acquired a new position in shares of Oracle in the first quarter worth about $732,692,000. Vanguard Group Inc. lifted its stake in shares of Oracle by 2.2% in the first quarter. Vanguard Group Inc. now owns 160,925,413 shares of the enterprise software provider's stock worth $22,498,982,000 after acquiring an additional 3,513,464 shares in the last quarter. Kingstone Capital Partners Texas LLC acquired a new position in shares of Oracle in the second quarter worth about $731,512,000. Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in Oracle by 79.2% during the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 4,638,951 shares of the enterprise software provider's stock valued at $648,572,000 after buying an additional 2,049,687 shares in the last quarter. Finally, Assenagon Asset Management S.A. raised its stake in Oracle by 840.7% during the second quarter. Assenagon Asset Management S.A. now owns 2,119,473 shares of the enterprise software provider's stock valued at $463,380,000 after buying an additional 1,894,157 shares in the last quarter. Hedge funds and other institutional investors own 42.44% of the company's stock.

Insider Buying and Selling at Oracle

In other Oracle news, EVP Stuart Levey sold 19,758 shares of the firm's stock in a transaction dated 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 transaction, the executive vice president directly owned 18,429 shares in the company, valued at $5,528,700. This trade represents a 51.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Maria Smith sold 5,000 shares of the firm's stock in a transaction dated Thursday, October 23rd. The shares were sold at an average price of $280.62, for a total value of $1,403,100.00. Following the transaction, the executive vice president owned 47,083 shares in the company, valued at approximately $13,212,431.46. This trade represents a 9.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 204,254 shares of company stock valued at $60,227,807 in the last quarter. Corporate insiders own 40.90% of the company's stock.

Oracle Stock Performance

Shares of ORCL stock opened at $250.26 on Thursday. The business has a 50 day simple moving average of $278.97 and a 200 day simple moving average of $228.97. 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 firm has a market capitalization of $713.44 billion, a price-to-earnings ratio of 57.93, a price-to-earnings-growth ratio of 2.96 and a beta of 1.53. Oracle Corporation has a 12-month low of $118.86 and a 12-month high of $345.72.

Oracle (NYSE:ORCL - Get Free Report) last issued 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 firm had revenue of $14.93 billion for 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 revenue for the quarter was up 12.2% compared to the same quarter last year. During the same period in the previous year, the business posted $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, equities research analysts anticipate that Oracle Corporation will post 5 EPS for the current year.

Oracle Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 23rd. Investors of record on Thursday, October 9th were issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Thursday, October 9th. Oracle's dividend payout ratio (DPR) is currently 46.30%.

Analyst Ratings Changes

Several analysts have issued reports on ORCL shares. Wolfe Research upped their price objective on Oracle from $300.00 to $400.00 and gave the company an "outperform" rating in a research note on Wednesday, September 10th. Robert W. Baird started coverage on Oracle in a research note on Wednesday, October 8th. They set an "outperform" rating and a $365.00 price objective on the stock. Royal Bank Of Canada restated a "sector perform" rating and set a $310.00 price objective on shares of Oracle in a research note on Friday, October 17th. Stifel Nicolaus upped their price objective on Oracle from $250.00 to $350.00 and gave the company a "buy" rating in a research note on Wednesday, September 10th. Finally, Morgan Stanley upped their price objective on Oracle from $246.00 to $320.00 and gave the company an "equal weight" rating in a research note on Tuesday, September 23rd. Three research analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $323.69.

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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