TD Asset Management Inc Has $196.79 Million Stock Holdings in Oracle Corporation $ORCL

Key Points

• TD Asset Management Inc increased its holdings in Oracle Corporation to $196.79 million, acquiring an additional 2,233 shares during the second quarter.
• Oracle reported earnings of $1.47 per share for the latest quarter, missing analyst estimates, with a revenue of $14.93 billion, up 12.2% year-over-year.
• The company will pay a $0.50 quarterly dividend on October 23rd, representing an annualized yield of 0.7% and a payout ratio of 46.30%.

TD Asset Management Inc increased its position in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 0.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 900,109 shares of the enterprise software provider's stock after acquiring an additional 2,233 shares during the period. TD Asset Management Inc's holdings in Oracle were worth $196,791,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Harel Insurance Investments & Financial Services Ltd. boosted its position in Oracle by 71.6% in the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 257,378 shares of the enterprise software provider's stock valued at $35,984,000 after buying an additional 107,404 shares in the last quarter. Lockheed Martin Investment Management Co. raised its stake in shares of Oracle by 4.3% during the first quarter. Lockheed Martin Investment Management Co. now owns 51,350 shares of the enterprise software provider's stock valued at $7,179,000 after acquiring an additional 2,110 shares during the last quarter. Cascade Investment Group Inc. bought a new position in shares of Oracle during the second quarter valued at $239,000. Lockerman Financial Group Inc. bought a new position in shares of Oracle during the second quarter valued at $328,000. Finally, Elser Financial Planning Inc bought a new position in shares of Oracle during the second quarter valued at $1,066,000. Institutional investors and hedge funds own 42.44% of the company's stock.

Oracle Trading Down 2.8%

ORCL opened at $299.33 on Wednesday. Oracle Corporation has a 1-year low of $118.86 and a 1-year high of $345.72. 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 company has a market cap of $853.32 billion, a P/E ratio of 69.29, a price-to-earnings-growth ratio of 3.31 and a beta of 1.53. The company has a fifty day moving average price of $268.67 and a two-hundred day moving average price of $212.52.

Oracle (NYSE:ORCL - Get Free Report) last posted its quarterly earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share for the quarter, missing the consensus estimate of $1.48 by ($0.01). Oracle had a net margin of 21.08% and a return on equity of 72.93%. 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 firm posted $1.39 earnings per share. The company's revenue for the quarter was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Analysts predict that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Thursday, October 9th. This represents a $2.00 annualized dividend and a dividend yield of 0.7%. Oracle's payout ratio is presently 46.30%.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Cowen reissued a "buy" rating and set a $375.00 target price on shares of Oracle in a research note on Wednesday, September 10th. Raymond James Financial reissued a "strong-buy" rating on shares of Oracle in a research note on Wednesday, June 18th. Bank of America raised shares of Oracle from a "neutral" rating to a "buy" rating and lifted their target price for the stock from $295.00 to $368.00 in a research note on Wednesday, September 10th. DA Davidson lifted their target price on shares of Oracle from $220.00 to $300.00 and gave the stock a "neutral" rating in a research note on Wednesday, September 10th. Finally, UBS Group set a $364.00 target price on shares of Oracle in a research note on Friday, September 26th. Three analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, nine have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $307.00.

Insider Activity at Oracle

In other news, Director Naomi O. Seligman sold 2,222 shares of the business's stock in a transaction dated Friday, September 26th. The shares were sold at an average price of $288.91, for a total transaction of $641,958.02. Following the completion of the sale, the director directly owned 29,225 shares of the company's stock, valued at $8,443,394.75. The trade was a 7.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Clayton M. Magouyrk sold 21,241 shares of the business's stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $297.11, for a total transaction of $6,310,913.51. Following the sale, the insider directly 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 disclosure for this sale can be found here. Insiders sold a total of 120,769 shares of company stock valued at $36,428,967 over the last quarter. 40.90% of the stock is currently owned by company insiders.

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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