William Blair Investment Management LLC Makes New $188.32 Million Investment in Oracle Corporation $ORCL

Key Points

• William Blair Investment Management LLC has invested approximately $188.32 million in Oracle Corporation, acquiring 861,343 shares during the 2nd quarter.
• Oracle's stock is currently down 6.7%, with recent quarterly earnings reporting an EPS of $1.47, which slightly missed analysts' estimates.
• The company has declared a quarterly dividend of $0.50, with an annualized payout of $2.00, representing a yield of 0.7%.

William Blair Investment Management LLC purchased a new stake in shares of Oracle Corporation (NYSE:ORCL - Free Report) during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund purchased 861,343 shares of the enterprise software provider's stock, valued at approximately $188,315,000.

Other hedge funds have also modified their holdings of the company. Legend Financial Advisors Inc. acquired a new position in Oracle in the 2nd quarter worth approximately $34,000. HighMark Wealth Management LLC purchased a new stake in shares of Oracle in the 2nd quarter valued at $38,000. Redmont Wealth Advisors LLC purchased a new stake in shares of Oracle in the 1st quarter valued at $27,000. Inlight Wealth Management LLC acquired a new stake in shares of Oracle in the first quarter worth $28,000. Finally, Iron Horse Wealth Management LLC raised its holdings in shares of 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 purchasing an additional 151 shares during the last quarter. 42.44% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, EVP Stuart Levey sold 19,758 shares of Oracle stock in a transaction that occurred on Friday, October 10th. The stock was sold at an average price of $300.00, for a total value of $5,927,400.00. Following the sale, the executive vice president directly owned 18,429 shares of the company's stock, valued at $5,528,700. The trade was a 51.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Naomi O. Seligman sold 2,222 shares of the business's stock in a transaction that occurred on Friday, September 26th. The stock was sold at an average price of $288.91, for a total value of $641,958.02. Following the sale, the director owned 29,225 shares of the company's stock, valued at $8,443,394.75. The trade was a 7.07% 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 in the last quarter. 40.90% of the stock is owned by insiders.

Oracle Stock Down 6.7%

Oracle stock opened at $291.95 on Friday. 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 stock has a market capitalization of $832.28 billion, a PE ratio of 67.58, a price-to-earnings-growth ratio of 3.37 and a beta of 1.53. The business has a 50 day simple moving average of $271.71 and a 200-day simple moving average of $215.37. Oracle Corporation has a 12 month low of $118.86 and a 12 month high of $345.72.

Oracle (NYSE:ORCL - Get Free Report) last released 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 during the quarter, compared to analyst estimates of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. Oracle's revenue was up 12.2% compared to the same quarter last year. During the same period in the prior year, the business posted $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, analysts anticipate that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 23rd. Investors of record on Thursday, October 9th will be paid 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 yield of 0.7%. Oracle's dividend payout ratio (DPR) is currently 46.30%.

Analyst Upgrades and Downgrades

ORCL has been the topic of several recent research reports. Sanford C. Bernstein upped their price target on shares of Oracle from $363.00 to $364.00 and gave the company an "outperform" rating in a report on Friday, September 26th. Baird R W upgraded Oracle to a "strong-buy" rating in a research note on Wednesday, October 8th. Stephens raised their target price on Oracle from $208.00 to $331.00 and gave the stock an "equal weight" rating in a report on Friday. Jefferies Financial Group boosted their price target on Oracle from $360.00 to $400.00 and gave the company a "buy" rating in a report on Friday. Finally, BMO Capital Markets set a $355.00 price objective on shares of Oracle and gave the stock an "outperform" rating in a research note on Monday. Three research 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 issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $323.40.

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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