Sterling Financial Planning Inc. Invests $303,000 in Oracle Corporation $ORCL

Key Points

• Sterling Financial Planning Inc. has made a new investment of $303,000 in Oracle Corporation by acquiring 1,387 shares during the second quarter.
• Several institutional investors, including Brighton Jones LLC and Wealth Enhancement Advisory Services LLC, have significantly increased their holdings in Oracle, indicating strong interest in the company.
• Oracle's recent earnings report revealed $14.93 billion in revenue, although it missed consensus estimates, and the company also announced a quarterly dividend of $0.50 per share payable on October 23rd.

Sterling Financial Planning Inc. purchased a new position in Oracle Corporation (NYSE:ORCL - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,387 shares of the enterprise software provider's stock, valued at approximately $303,000.

Several other institutional investors have also recently made changes to their positions in ORCL. Brighton Jones LLC increased its holdings in shares of Oracle by 189.3% in the fourth 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 period. Revolve Wealth Partners LLC grew its position in Oracle by 8.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 5,418 shares of the enterprise software provider's stock worth $903,000 after acquiring an additional 404 shares in the last quarter. GAMMA Investing LLC grew its position in Oracle by 8.1% in the first quarter. GAMMA Investing LLC now owns 34,011 shares of the enterprise software provider's stock worth $4,755,000 after acquiring an additional 2,546 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its position in Oracle by 23.0% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 575,124 shares of the enterprise software provider's stock worth $80,408,000 after acquiring an additional 107,547 shares in the last quarter. Finally, Dynamic Advisor Solutions LLC grew its position in Oracle by 3.6% in the first quarter. Dynamic Advisor Solutions LLC now owns 16,131 shares of the enterprise software provider's stock worth $2,255,000 after acquiring an additional 557 shares in the last quarter. Institutional investors own 42.44% of the company's stock.

Insider Activity

In other news, EVP Stuart Levey sold 19,758 shares of the company's stock in a transaction dated Friday, October 10th. The shares were sold at an average price of $300.00, for a total transaction of $5,927,400.00. Following the completion of the transaction, the executive vice president directly owned 18,429 shares of the company's stock, valued at approximately $5,528,700. This represents a 51.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Naomi O. Seligman sold 2,222 shares of the stock in a transaction dated Friday, September 26th. The stock was sold at an average price of $288.91, for a total transaction of $641,958.02. Following the completion of the transaction, the director directly owned 29,225 shares of the company's stock, valued at approximately $8,443,394.75. The trade was a 7.07% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 120,769 shares of company stock valued at $36,428,967. 40.90% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

ORCL has been the subject of several research reports. Cantor Fitzgerald upped their target price on shares of Oracle from $271.00 to $400.00 and gave the stock an "overweight" rating in a research report on Wednesday, September 10th. JMP Securities reiterated a "market outperform" rating and issued a $342.00 target price on shares of Oracle in a research report on Wednesday, September 24th. Sanford C. Bernstein upped their target price on shares of Oracle from $363.00 to $364.00 and gave the stock an "outperform" rating in a research report on Friday, September 26th. Jefferies Financial Group upped their target price on shares of Oracle from $270.00 to $360.00 and gave the stock a "buy" rating in a research report on Wednesday, September 10th. Finally, Rothschild Redb upgraded shares of Oracle to a "strong sell" rating in a research report on Thursday, September 25th. Three 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 stock. According to MarketBeat, Oracle has a consensus rating of "Moderate Buy" and a consensus target price of $307.00.

Oracle Stock Performance

NYSE ORCL opened at $299.33 on Wednesday. The company has a 50-day simple moving average of $268.67 and a two-hundred day simple moving average of $212.52. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 3.33. Oracle Corporation has a 12-month low of $118.86 and a 12-month high of $345.72. The firm has a market cap of $853.32 billion, a price-to-earnings ratio of 69.29, a PEG ratio of 3.31 and a beta of 1.53.

Oracle (NYSE:ORCL - Get Free Report) last issued its quarterly earnings data on Tuesday, September 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing the consensus estimate 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 was up 12.2% on a year-over-year basis. During the same period last 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 forecast that Oracle Corporation will post 5 EPS 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 paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, October 9th. Oracle's dividend payout ratio is 46.30%.

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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