WealthPlan Investment Management LLC Acquires 2,634 Shares of Oracle Corporation $ORCL

Key Points

• WealthPlan Investment Management LLC increased its Oracle holdings by 24.6%, acquiring an additional 2,634 shares, bringing its total to 13,340 shares valued at approximately $2.9 million.
• Oracle's stock has faced a miss in earnings with reported EPS of $1.47, slightly below analysts' expectations of $1.48, although revenue increased year-over-year by 12.2% to $14.93 billion.
• The company announced a quarterly dividend of $0.50 per share, with an upcoming ex-dividend date on October 9th, representing a 0.7% dividend yield.

WealthPlan Investment Management LLC boosted its holdings in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 24.6% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 13,340 shares of the enterprise software provider's stock after purchasing an additional 2,634 shares during the period. WealthPlan Investment Management LLC's holdings in Oracle were worth $2,917,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Vanguard Group Inc. lifted its stake in shares of Oracle by 2.2% in the 1st quarter. Vanguard Group Inc. now owns 160,925,413 shares of the enterprise software provider's stock valued at $22,498,982,000 after acquiring an additional 3,513,464 shares during the last quarter. Northern Trust Corp lifted its stake in shares of Oracle by 0.6% in the 1st quarter. Northern Trust Corp now owns 19,741,423 shares of the enterprise software provider's stock valued at $2,760,048,000 after acquiring an additional 120,889 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of 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 acquiring an additional 59,164 shares during the last quarter. Amundi lifted its stake in shares of 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 last quarter. Finally, Polen Capital Management LLC lifted its stake in shares of Oracle by 17.6% in the 1st quarter. Polen Capital Management LLC now owns 12,609,101 shares of the enterprise software provider's stock valued at $1,762,878,000 after acquiring an additional 1,885,370 shares during the last quarter. 42.44% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, Director Naomi O. Seligman sold 2,222 shares of the firm's stock in a transaction dated 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. This trade represents a 7.07% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Michael D. Sicilia sold 33,845 shares of the firm's stock in a transaction dated Tuesday, September 23rd. The shares were sold at an average price of $321.16, for a total value of $10,869,660.20. Following the completion of the sale, the insider owned 132,656 shares of the company's stock, valued at approximately $42,603,800.96. This represents a 20.33% 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 worth $36,428,967 over the last 90 days. 40.90% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of brokerages have recently commented on ORCL. Cantor Fitzgerald increased their price target on Oracle from $271.00 to $400.00 and gave the company an "overweight" rating in a research note on Wednesday, September 10th. DA Davidson increased their price target on Oracle from $220.00 to $300.00 and gave the company a "neutral" rating in a research note on Wednesday, September 10th. Berenberg Bank raised their target price on Oracle from $202.00 to $306.00 and gave the stock a "hold" rating in a research report on Monday, September 15th. Redburn Partners set a $175.00 target price on Oracle in a research report on Thursday, September 25th. Finally, Wolfe Research raised their target price on Oracle from $300.00 to $400.00 and gave the stock an "outperform" rating in a research report on Wednesday, September 10th. Three equities research 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 assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $307.00.

Oracle Stock Performance

Shares of Oracle stock opened at $303.30 on Thursday. 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 business has a 50-day moving average price of $269.61 and a two-hundred day moving average price of $213.14. Oracle Corporation has a 1-year low of $118.86 and a 1-year high of $345.72. The company has a market cap of $864.64 billion, a P/E ratio of 70.21, a PEG ratio of 3.22 and a beta of 1.53.

Oracle (NYSE:ORCL - Get Free Report) last issued its quarterly 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). Oracle had a return on equity of 72.93% and a net margin of 21.08%.The business had revenue of $14.93 billion for the quarter, compared to analyst estimates of $15.04 billion. During the same quarter in the previous year, the business posted $1.39 earnings per share. The business's revenue was up 12.2% on a year-over-year basis. 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 Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Stockholders 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 dividend yield of 0.7%. Oracle's dividend payout ratio (DPR) is currently 46.30%.

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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