WestEnd Advisors LLC Raises Stock Holdings in Oracle Corporation $ORCL

WestEnd Advisors LLC grew its position in Oracle Corporation (NYSE:ORCL - Free Report) by 478,790.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 244,234 shares of the enterprise software provider's stock after acquiring an additional 244,183 shares during the quarter. Oracle comprises 1.3% of WestEnd Advisors LLC's holdings, making the stock its 17th largest position. WestEnd Advisors LLC's holdings in Oracle were worth $53,397,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Legend Financial Advisors Inc. purchased a new position in shares of Oracle in the second quarter valued at approximately $34,000. HighMark Wealth Management LLC purchased a new position in Oracle during the second quarter worth approximately $38,000. Redmont Wealth Advisors LLC purchased a new position in Oracle during the first quarter worth approximately $27,000. Inlight Wealth Management LLC purchased a new position in Oracle during the first quarter worth approximately $28,000. Finally, Iron Horse Wealth Management LLC lifted its position in 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 buying an additional 151 shares in the last quarter. Hedge funds and other institutional investors own 42.44% of the company's stock.

Oracle Trading Down 2.4%

ORCL opened at $284.46 on Wednesday. Oracle Corporation has a 12 month low of $118.86 and a 12 month high of $345.72. The stock has a market capitalization of $810.94 billion, a price-to-earnings ratio of 65.85, a PEG ratio of 3.14 and a beta of 1.53. The company has a debt-to-equity ratio of 3.33, a current ratio of 0.62 and a quick ratio of 0.62. The business has a fifty day moving average price of $264.10 and a 200 day moving average price of $207.36.

Oracle (NYSE:ORCL - Get Free Report) last released 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 company 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 company's revenue for the quarter was up 12.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Sell-side analysts expect that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Announces Dividend

The firm also recently disclosed 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. This represents a $2.00 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, October 9th. Oracle's dividend payout ratio is currently 46.30%.

Analysts Set New Price Targets

A number of brokerages recently commented on ORCL. Loop Capital set a $135.00 price objective on Oracle in a research report on Tuesday, June 10th. Roth Capital reiterated a "hold" rating on shares of Oracle in a research report on Wednesday, June 18th. TD Cowen lifted their target price on Oracle from $325.00 to $375.00 and gave the company a "buy" rating in a research report on Wednesday, September 10th. Berenberg Bank increased their price target on Oracle from $202.00 to $306.00 and gave the stock a "hold" rating in a report on Monday, September 15th. Finally, JMP Securities restated a "market outperform" rating and issued a $342.00 price objective on shares of Oracle in a report on Wednesday, September 24th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $304.71.

Insiders Place Their Bets

In other news, Director William G. Parrett sold 11,500 shares of the business's stock in a transaction dated 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 completion of the sale, the director directly owned 17,764 shares of the company's stock, valued at approximately $5,435,784. The trade was a 39.30% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Naomi O. Seligman sold 3,303 shares of the business's stock in a transaction dated Wednesday, July 16th. The shares were sold at an average price of $233.32, for a total value of $770,655.96. Following the completion of the sale, the director directly owned 31,447 shares of the company's stock, valued at $7,337,214.04. The trade was a 9.51% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 104,314 shares of company stock valued at $31,272,223. 40.90% of the stock is owned by 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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