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Union Bancaire Privee UBP SA Buys 14,928 Shares of Oracle Corporation $ORCL

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Key Points

  • Union Bancaire Privee UBP SA increased its holdings in Oracle Corporation by 4.4%, acquiring an additional 14,928 shares, bringing their total ownership to 356,056 shares valued at approximately $77.8 million.
  • Oracle's latest quarterly earnings report showed an EPS of $1.47, which fell short of analysts' expectations, despite a 12.2% year-over-year revenue increase.
  • The company declared a quarterly dividend of $0.50 per share, which translates to an annualized dividend yield of 0.7%.
  • MarketBeat previews top five stocks to own in November.

Union Bancaire Privee UBP SA increased its holdings in Oracle Corporation (NYSE:ORCL - Free Report) by 4.4% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 356,056 shares of the enterprise software provider's stock after acquiring an additional 14,928 shares during the quarter. Oracle comprises about 1.6% of Union Bancaire Privee UBP SA's investment portfolio, making the stock its 15th biggest holding. Union Bancaire Privee UBP SA's holdings in Oracle were worth $77,845,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Elwood & Goetz Wealth Advisory Group LLC bought a new position in shares of Oracle in the 2nd quarter worth about $389,000. Chicago Capital LLC increased its stake in shares of Oracle by 50.7% in the 2nd quarter. Chicago Capital LLC now owns 103,303 shares of the enterprise software provider's stock worth $22,585,000 after acquiring an additional 34,737 shares in the last quarter. Trivium Point Advisory LLC increased its stake in shares of Oracle by 55.9% in the 2nd quarter. Trivium Point Advisory LLC now owns 53,535 shares of the enterprise software provider's stock worth $11,704,000 after acquiring an additional 19,196 shares in the last quarter. Melfa Wealth Management Inc. bought a new position in shares of Oracle in the 2nd quarter worth about $309,000. Finally, Hamilton Capital Partners LLC increased its stake in shares of Oracle by 4.5% in the 2nd quarter. Hamilton Capital Partners LLC now owns 94,699 shares of the enterprise software provider's stock worth $20,704,000 after acquiring an additional 4,092 shares in the last quarter. 42.44% of the stock is currently owned by institutional investors.

Oracle Stock Performance

Shares of NYSE ORCL opened at $282.68 on Tuesday. The firm's 50-day moving average price is $258.97 and its 200-day moving average price is $202.09. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 3.33. The company has a market cap of $803.29 billion, a PE ratio of 65.44, a PEG ratio of 3.05 and a beta of 1.46. Oracle Corporation has a 52-week low of $118.86 and a 52-week high of $345.72.

Oracle (NYSE:ORCL - Get Free Report) last announced its quarterly earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.48 by ($0.01). The company had revenue of $14.93 billion for the quarter, compared to analysts' expectations 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% compared to the same quarter last year. During the same period in the previous year, the business earned $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, analysts anticipate that Oracle Corporation will post 5 EPS for the current year.

Oracle Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 23rd. Investors of record on Thursday, October 9th will be issued a $0.50 dividend. The ex-dividend date of this dividend is Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.7%. Oracle's dividend payout ratio (DPR) is presently 46.30%.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. KeyCorp increased their price target on shares of Oracle from $200.00 to $225.00 and gave the stock an "overweight" rating in a research note on Thursday, June 12th. Sanford C. Bernstein raised their price objective on shares of Oracle from $363.00 to $364.00 and gave the company an "outperform" rating in a research note on Friday. Piper Sandler raised their price objective on shares of Oracle from $270.00 to $330.00 and gave the company an "overweight" rating in a research note on Wednesday, September 10th. Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a $240.00 price objective (up from $200.00) on shares of Oracle in a research note on Thursday, June 12th. Finally, Cowen restated a "buy" rating and set a $375.00 price objective on shares of Oracle in a research note on Wednesday, September 10th. Two analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat, Oracle has a consensus rating of "Moderate Buy" and an average price target of $304.71.

Read Our Latest Stock Report on ORCL

Insider Buying and Selling

In related news, insider Clayton M. Magouyrk sold 21,241 shares of the firm's stock in a transaction that occurred on Friday, September 12th. The shares were 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. This trade represents a 21.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, 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 transaction of $3,519,000.00. Following the completion of the transaction, the director directly owned 17,764 shares in the company, valued at approximately $5,435,784. The trade was a 39.30% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 112,092 shares of company stock valued at $32,960,165 in the last 90 days. 42.20% of the stock is owned by insiders.

About Oracle

(Free Report)

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.

See Also

Want to see what other hedge funds are holding ORCL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Oracle Corporation (NYSE:ORCL - Free Report).

Institutional Ownership by Quarter for Oracle (NYSE:ORCL)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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