1,233 Shares in Oracle Corporation $ORCL Purchased by Sovran Advisors LLC

Key Points

• Sovran Advisors LLC has made a new investment in Oracle Corporation, purchasing 1,233 shares valued at approximately $289,000 during the second quarter.
• Oracle's recent earnings report showed a minor miss in earnings per share at $1.47, falling short of the consensus estimate of $1.48, with a 12.2% year-over-year revenue growth.
• The company announced a quarterly dividend of $0.50 per share, reflecting an annual yield of 0.6%, with payment set for October 23rd.

Sovran Advisors LLC bought a new position in Oracle Corporation (NYSE:ORCL - Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 1,233 shares of the enterprise software provider's stock, valued at approximately $289,000.

A number of other institutional investors also recently modified their holdings of ORCL. Vanguard Group Inc. boosted its position in Oracle by 2.2% during the first quarter. Vanguard Group Inc. now owns 160,925,413 shares of the enterprise software provider's stock valued at $22,498,982,000 after purchasing an additional 3,513,464 shares during the last quarter. Northern Trust Corp raised its stake in shares of Oracle by 0.6% during the 1st quarter. Northern Trust Corp now owns 19,741,423 shares of the enterprise software provider's stock worth $2,760,048,000 after purchasing an additional 120,889 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Oracle by 0.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 13,884,524 shares of the enterprise software provider's stock valued at $1,941,195,000 after buying an additional 59,164 shares during the last quarter. Amundi grew its stake in shares of Oracle by 3.3% in the 1st quarter. Amundi now owns 12,736,855 shares of the enterprise software provider's stock valued at $1,749,280,000 after buying an additional 409,691 shares in the last quarter. Finally, Polen Capital Management LLC grew its stake in shares of Oracle by 17.6% in the 1st quarter. Polen Capital Management LLC now owns 12,609,101 shares of the enterprise software provider's stock valued at $1,762,878,000 after buying an additional 1,885,370 shares in the last quarter. Institutional investors and hedge funds own 42.44% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on ORCL. UBS Group set a $300.00 target price on shares of Oracle in a research note on Wednesday, September 10th. BNP Paribas set a $377.00 price objective on shares of Oracle in a report on Wednesday, September 10th. Mizuho raised their target price on Oracle from $300.00 to $350.00 and gave the company an "outperform" rating in a report on Wednesday, September 10th. CIBC reiterated a "buy" rating on shares of Oracle in a research note on Monday, June 9th. Finally, Berenberg Bank increased their price objective on Oracle from $202.00 to $306.00 and gave the company a "hold" rating in a report on Monday, September 15th. Two analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and nine have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $305.75.

Insider Activity

In other Oracle news, insider Clayton M. Magouyrk sold 21,241 shares of the business's stock in a transaction on Friday, September 12th. The stock was sold at an average price of $297.11, for a total value of $6,310,913.51. Following the transaction, the insider owned 78,000 shares of the company's stock, valued at approximately $23,174,580. The trade was a 21.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Michael D. Sicilia sold 16,323 shares of the firm's stock in a transaction on Tuesday, September 16th. The shares were sold at an average price of $313.60, for a total value of $5,118,892.80. Following the completion of the sale, the insider owned 110,094 shares of the company's stock, valued at approximately $34,525,478.40. This trade represents a 12.91% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 78,247 shares of company stock worth $22,090,505. 42.20% of the stock is currently owned by insiders.

Oracle Price Performance

Shares of NYSE ORCL traded down $14.16 during midday trading on Tuesday, reaching $313.99. 21,385,962 shares of the company traded hands, compared to its average volume of 14,201,496. Oracle Corporation has a 12 month low of $118.86 and a 12 month 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 stock's 50-day simple moving average is $253.63 and its 200-day simple moving average is $196.92. The firm has a market cap of $892.26 billion, a PE ratio of 72.73, a PEG ratio of 3.34 and a beta of 1.46.

Oracle (NYSE:ORCL - Get Free Report) last released its quarterly 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). The firm had revenue of $14.93 billion during the quarter, compared to analyst estimates of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. Oracle's quarterly revenue was up 12.2% on a year-over-year basis. During the same quarter last year, the firm earned $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, equities analysts anticipate that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 23rd. Investors of record on Thursday, October 9th will be given a dividend of $0.50 per share. The ex-dividend date is Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a yield of 0.6%. Oracle's dividend payout ratio is 46.30%.

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.