Strategic Planning Group LLC Buys 1,892 Shares of Oracle Corporation $ORCL

Key Points

• Strategic Planning Group LLC has increased its stake in Oracle Corporation by 6.8% during the second quarter, bringing its total shares to 29,763, valued at $6,507,000.
• In September, Director William G. Parrett sold 11,500 shares of Oracle's stock for approximately $3.52 million, indicating a significant decrease in his ownership position.
• Oracle recently declared a quarterly dividend of $0.50 per share, with a payout ratio of 46.30%, set to be paid to shareholders on October 23rd.

Strategic Planning Group LLC raised its stake in Oracle Corporation (NYSE:ORCL - Free Report) by 6.8% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 29,763 shares of the enterprise software provider's stock after purchasing an additional 1,892 shares during the quarter. Oracle accounts for 1.1% of Strategic Planning Group LLC's portfolio, making the stock its 28th biggest position. Strategic Planning Group LLC's holdings in Oracle were worth $6,507,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of ORCL. Reyes Financial Architecture Inc. increased its stake in shares of Oracle by 7.2% during the second quarter. Reyes Financial Architecture Inc. now owns 643 shares of the enterprise software provider's stock valued at $141,000 after buying an additional 43 shares during the period. Davis Investment Partners LLC grew its stake in Oracle by 0.7% in the second quarter. Davis Investment Partners LLC now owns 6,930 shares of the enterprise software provider's stock worth $1,517,000 after purchasing an additional 46 shares during the period. Sunpointe LLC grew its stake in Oracle by 0.9% in the second quarter. Sunpointe LLC now owns 5,563 shares of the enterprise software provider's stock worth $1,216,000 after purchasing an additional 48 shares during the period. American Financial Advisors LLC grew its stake in Oracle by 2.3% in the second quarter. American Financial Advisors LLC now owns 2,234 shares of the enterprise software provider's stock worth $488,000 after purchasing an additional 50 shares during the period. Finally, Weatherly Asset Management L. P. grew its stake in Oracle by 0.4% in the second quarter. Weatherly Asset Management L. P. now owns 11,406 shares of the enterprise software provider's stock worth $2,494,000 after purchasing an additional 51 shares during the period. Institutional investors own 42.44% of the company's stock.

Insider Buying and Selling at Oracle

In other news, Director William G. Parrett sold 11,500 shares of the firm's stock in a transaction that occurred 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 completion of the sale, the director directly owned 17,764 shares of the company's stock, valued at $5,435,784. This trade represents a 39.30% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Maria Smith sold 10,000 shares of the firm's stock in a transaction that occurred on Thursday, July 3rd. The shares were sold at an average price of $232.99, for a total value of $2,329,900.00. Following the completion of the sale, the executive vice president directly owned 40,807 shares of the company's stock, valued at $9,507,622.93. The trade was a 19.68% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 78,247 shares of company stock worth $22,090,505 over the last three months. 42.20% of the stock is owned by company insiders.

Oracle Stock Up 4.2%

NYSE ORCL opened at $309.18 on Monday. The stock's 50-day moving average price is $251.63 and its 200-day moving average price is $195.70. 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 52 week low of $118.86 and a 52 week high of $345.72. The company has a market capitalization of $878.60 billion, a P/E ratio of 71.57, a price-to-earnings-growth ratio of 3.34 and a beta of 1.46.

Oracle (NYSE:ORCL - Get Free Report) last posted 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). Oracle had a return on equity of 72.93% and a net margin of 21.08%.The company had revenue of $14.93 billion during the quarter, compared to the consensus estimate of $15.04 billion. During the same period last year, the business earned $1.39 EPS. The firm's quarterly revenue was up 12.2% compared to the same quarter last year. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, equities research analysts predict that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 0.6%. The ex-dividend date is Thursday, October 9th. Oracle's dividend payout ratio (DPR) is currently 46.30%.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. Loop Capital set a $135.00 price target on Oracle in a research note on Tuesday, June 10th. Sanford C. Bernstein reaffirmed an "outperform" rating on shares of Oracle in a research note on Thursday, September 11th. Bank of America raised Oracle from a "neutral" rating to a "buy" rating and upped their price target for the stock from $295.00 to $368.00 in a research note on Wednesday, September 10th. JMP Securities boosted their target price on Oracle from $315.00 to $342.00 and gave the stock a "market outperform" rating in a report on Wednesday, September 10th. Finally, BMO Capital Markets set a $345.00 target price on Oracle in a report on Wednesday, September 10th. Two analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $303.44.

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.

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