Verdence Capital Advisors LLC Acquires 2,125 Shares of Oracle Corporation $ORCL

Key Points

• Verdence Capital Advisors LLC increased its stake in Oracle Corporation by 4.3%, owning a total of 51,771 shares valued at approximately $11.3 million as of the latest quarter.
• Oracle reported its earnings on September 9, missing EPS estimates with a figure of $1.47, and generated $14.93 billion in revenue, which was below analyst expectations.
• The company announced a quarterly dividend of $0.50 per share, set to be paid on October 23, translating to an annual yield of 0.7%.

Verdence Capital Advisors LLC grew its holdings in Oracle Corporation (NYSE:ORCL - Free Report) by 4.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 51,771 shares of the enterprise software provider's stock after buying an additional 2,125 shares during the period. Oracle accounts for about 0.8% of Verdence Capital Advisors LLC's portfolio, making the stock its 27th biggest holding. Verdence Capital Advisors LLC's holdings in Oracle were worth $11,319,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Vanguard Group Inc. boosted its position in Oracle by 2.2% during the first quarter. Vanguard Group Inc. now owns 160,925,413 shares of the enterprise software provider's stock worth $22,498,982,000 after purchasing an additional 3,513,464 shares during the period. Northern Trust Corp boosted its holdings in shares of Oracle by 0.6% during the 1st quarter. Northern Trust Corp now owns 19,741,423 shares of the enterprise software provider's stock worth $2,760,048,000 after buying an additional 120,889 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in Oracle by 0.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 13,884,524 shares of the enterprise software provider's stock valued at $1,941,195,000 after buying an additional 59,164 shares during the last quarter. Amundi raised its holdings in Oracle by 3.3% in the 1st quarter. Amundi now owns 12,736,855 shares of the enterprise software provider's stock valued at $1,749,280,000 after acquiring an additional 409,691 shares during the period. Finally, Polen Capital Management LLC lifted its position in Oracle by 17.6% during the first quarter. Polen Capital Management LLC now owns 12,609,101 shares of the enterprise software provider's stock worth $1,762,878,000 after acquiring an additional 1,885,370 shares during the last quarter. 42.44% of the stock is owned by institutional investors and hedge funds.

Oracle Price Performance

Oracle stock opened at $293.04 on Monday. The stock has a fifty day moving average of $266.69 and a 200-day moving average of $210.74. The stock has a market capitalization of $835.40 billion, a P/E ratio of 67.83, a price-to-earnings-growth ratio of 3.15 and a beta of 1.53. The company has a debt-to-equity ratio of 3.33, a quick ratio of 0.62 and a current ratio of 0.62. 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 issued its earnings results 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 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 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, sell-side analysts expect that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Dividend Announcement

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

Insider Activity at Oracle

In other news, Director Naomi O. Seligman sold 3,303 shares of the stock in a transaction on Wednesday, July 16th. The stock was sold at an average price of $233.32, for a total value of $770,655.96. Following the completion of the transaction, the director directly owned 31,447 shares in the company, valued at approximately $7,337,214.04. This represents a 9.51% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director William G. Parrett sold 11,500 shares of the business's stock in a transaction 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 sale, the director owned 17,764 shares in the company, valued at $5,435,784. This represents a 39.30% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 104,314 shares of company stock valued at $31,272,223 over the last three months. 40.90% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. JPMorgan Chase & Co. increased their target price on Oracle from $185.00 to $210.00 and gave the stock a "neutral" rating in a research note on Monday, September 8th. The Goldman Sachs Group increased their price objective on Oracle from $195.00 to $310.00 and gave the stock a "neutral" rating in a research report on Monday, September 15th. Cowen restated a "buy" rating and issued a $375.00 price target on shares of Oracle in a research note on Wednesday, September 10th. TD Cowen raised their price target on shares of Oracle from $325.00 to $375.00 and gave the stock a "buy" rating in a research report on Wednesday, September 10th. Finally, Weiss Ratings raised shares of Oracle from a "hold (c+)" rating to a "buy (b-)" rating in a report on Wednesday, October 8th. Three analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Oracle currently has an average rating of "Moderate Buy" and a consensus target price of $306.71.

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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