White Lighthouse Investment Management Inc. Takes Position in Oracle Corporation $ORCL

Key Points

• White Lighthouse Investment Management Inc. has acquired a new stake in Oracle Corporation, purchasing 1,242 shares worth approximately $272,000 during the second quarter.
• Despite a quarterly revenue growth of 12.2%, Oracle reported an EPS of $1.47, which fell slightly short of analyst expectations.
• Oracle's recent dividend announcement includes a payment of $0.50 per share, representing an annualized dividend yield of 0.7%.

White Lighthouse Investment Management Inc. bought a new stake in Oracle Corporation (NYSE:ORCL - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 1,242 shares of the enterprise software provider's stock, valued at approximately $272,000.

Several other large investors also recently made changes to their positions in ORCL. Harel Insurance Investments & Financial Services Ltd. grew its holdings in Oracle by 71.6% during the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 257,378 shares of the enterprise software provider's stock worth $35,984,000 after purchasing an additional 107,404 shares during the period. Lockheed Martin Investment Management Co. raised its stake in Oracle by 4.3% in the 1st 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 period. Private Wealth Asset Management LLC lifted its holdings in Oracle by 9.2% during the 2nd quarter. Private Wealth Asset Management LLC now owns 3,817 shares of the enterprise software provider's stock valued at $835,000 after purchasing an additional 321 shares during the last quarter. Cascade Investment Group Inc. acquired a new stake in Oracle during the 2nd quarter valued at $239,000. Finally, Lockerman Financial Group Inc. acquired a new position in shares of Oracle in the second quarter valued at $328,000. Institutional investors and hedge funds own 42.44% of the company's stock.

Oracle Trading Down 0.2%

Shares of ORCL stock opened at $274.62 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 stock has a market cap of $782.87 billion, a price-to-earnings ratio of 63.53, a PEG ratio of 2.97 and a beta of 1.53. The stock has a 50-day moving average of $272.62 and a 200-day moving average of $217.84.

Oracle (NYSE:ORCL - Get Free Report) last announced its quarterly earnings data 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 business's quarterly revenue was up 12.2% compared to the same quarter last year. During the same period last year, the business earned $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, equities research analysts forecast that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Dividend Announcement

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

Insider Activity

In related news, EVP Stuart Levey sold 19,758 shares of the firm's stock in a transaction dated Friday, October 10th. The shares were sold at an average price of $300.00, for a total transaction of $5,927,400.00. Following the completion of the sale, the executive vice president owned 18,429 shares in the company, valued at approximately $5,528,700. This trade represents a 51.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director William G. Parrett sold 11,500 shares of the stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $306.00, for a total transaction of $3,519,000.00. Following the transaction, the director directly owned 17,764 shares of the company's stock, valued at $5,435,784. This represents a 39.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 120,769 shares of company stock worth $36,428,967. 40.90% of the stock is owned by insiders.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. The Goldman Sachs Group restated a "neutral" rating and set a $320.00 target price on shares of Oracle in a research note on Monday. TD Cowen lifted their price target on Oracle from $325.00 to $375.00 and gave the stock a "buy" rating in a report on Wednesday, September 10th. Mizuho increased their price objective on Oracle from $300.00 to $350.00 and gave the stock an "outperform" rating in a research report on Wednesday, September 10th. Scotiabank boosted their price objective on shares of Oracle from $350.00 to $360.00 and gave the company an "outperform" rating in a report on Friday. Finally, Rothschild & Co Redburn initiated coverage on shares of Oracle in a report on Thursday, September 25th. They set a "sell" rating and a $175.00 target price on the stock. Three investment analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $323.69.

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.

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.