Syntax Research Inc. Buys 1,501 Shares of Oracle Corporation $ORCL

Syntax Research Inc. grew its stake in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 13.6% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 12,501 shares of the enterprise software provider's stock after buying an additional 1,501 shares during the period. Oracle makes up 1.9% of Syntax Research Inc.'s portfolio, making the stock its 18th biggest position. Syntax Research Inc.'s holdings in Oracle were worth $2,733,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Redmont Wealth Advisors LLC acquired a new stake in shares of Oracle during the first quarter worth about $27,000. Inlight Wealth Management LLC acquired a new stake in shares of Oracle during the first quarter worth about $28,000. Iron Horse Wealth Management LLC raised its position in shares of Oracle by 284.9% during the first quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider's stock worth $29,000 after purchasing an additional 151 shares during the period. Legend Financial Advisors Inc. acquired a new stake in shares of Oracle during the second quarter worth about $34,000. Finally, Graybill Wealth Management LTD. acquired a new stake in shares of Oracle during the first quarter worth about $39,000. Institutional investors own 42.44% of the company's stock.

Analyst Ratings Changes

ORCL has been the topic of a number of research analyst reports. Stifel Nicolaus raised their price target on Oracle from $250.00 to $350.00 and gave the stock a "buy" rating in a research report on Wednesday, September 10th. JMP Securities reissued a "market outperform" rating and issued a $342.00 target price on shares of Oracle in a research report on Wednesday, September 24th. Melius Research boosted their target price on Oracle from $270.00 to $370.00 and gave the company a "buy" rating in a research note on Wednesday, September 10th. Redburn Partners set a $175.00 target price on Oracle in a research note on Thursday, September 25th. Finally, Wolfe Research boosted their target price on Oracle from $300.00 to $400.00 and gave the company an "outperform" rating in a research note on Wednesday, September 10th. Two research analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, Oracle has a consensus rating of "Moderate Buy" and an average price target of $304.71.

Insiders Place Their Bets

In related news, Director Naomi O. Seligman sold 2,222 shares of the business's stock in a transaction on Friday, September 26th. The stock was sold at an average price of $288.91, for a total value of $641,958.02. Following the completion of the sale, the director directly owned 29,225 shares in the company, valued at $8,443,394.75. The trade was a 7.07% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director William G. Parrett sold 11,500 shares of the business's stock in a transaction on Friday, September 12th. The shares were 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 owned 17,764 shares of the company's stock, valued at $5,435,784. This trade represents a 39.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 104,314 shares of company stock worth $31,272,223 over the last three months. 42.20% of the stock is currently owned by corporate insiders.

Oracle Stock Up 0.1%

ORCL stock opened at $289.18 on Friday. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.33. The firm has a market capitalization of $824.39 billion, a PE ratio of 66.94, a PEG ratio of 3.11 and a beta of 1.53. Oracle Corporation has a 1-year low of $118.86 and a 1-year high of $345.72. The business's 50 day simple moving average is $261.71 and its 200 day simple moving average is $204.17.

Oracle (NYSE:ORCL - Get Free Report) last posted its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share 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 analyst estimates of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.The firm's revenue was up 12.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, research analysts anticipate that Oracle Corporation will post 5 EPS for the current year.

Oracle Announces Dividend

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

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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