Woodard & Co. Asset Management Group Inc. ADV Boosts Position in Oracle Corporation $ORCL

Key Points

• Woodard & Co. Asset Management Group Inc. ADV increased its holdings in Oracle Corporation by 37.5% in the 2nd quarter, now owning 13,074 shares valued at $2,858,000.
• Analysts have raised their price targets for Oracle, with Evercore ISI increasing it from $350.00 to $385.00 and Cantor Fitzgerald setting a new target of $400.00.
• Oracle announced a quarterly dividend of $0.50 to be paid on October 23rd, with a current yield of 0.7% and a payout ratio of 46.30%.

Woodard & Co. Asset Management Group Inc. ADV grew its holdings in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 37.5% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 13,074 shares of the enterprise software provider's stock after buying an additional 3,569 shares during the period. Woodard & Co. Asset Management Group Inc. ADV's holdings in Oracle were worth $2,858,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in ORCL. Redmont Wealth Advisors LLC purchased a new position in shares of Oracle during the first quarter valued at approximately $27,000. Inlight Wealth Management LLC purchased a new position in shares of Oracle during the first quarter valued at approximately $28,000. Iron Horse Wealth Management LLC increased its stake 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 valued at $29,000 after buying an additional 151 shares during the period. Legend Financial Advisors Inc. purchased a new position in shares of Oracle during the second quarter valued at approximately $34,000. Finally, HighMark Wealth Management LLC purchased a new position in shares of Oracle during the second quarter valued at approximately $38,000. 42.44% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on ORCL shares. Evercore ISI upped their price target on Oracle from $350.00 to $385.00 and gave the stock an "outperform" rating in a research note on Friday. Citigroup reaffirmed a "buy" rating on shares of Oracle in a research note on Friday, October 10th. Cantor Fitzgerald upped their price target on Oracle from $271.00 to $400.00 and gave the stock an "overweight" rating in a research note on Wednesday, September 10th. Redburn Partners set a $175.00 price target on Oracle in a research note on Thursday, September 25th. Finally, Morgan Stanley upped their price target on Oracle from $246.00 to $320.00 and gave the stock an "equal weight" rating in a research note on Tuesday, September 23rd. Three investment 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 stock. Based on data from MarketBeat, Oracle presently has an average rating of "Moderate Buy" and an average target price of $323.40.

Oracle Stock Performance

Shares of ORCL stock opened at $291.95 on Friday. Oracle Corporation has a one year low of $118.86 and a one year high of $345.72. The company's 50-day moving average is $271.71 and its 200 day moving average is $215.37. The company has a market capitalization of $832.28 billion, a price-to-earnings ratio of 67.58, a price-to-earnings-growth ratio of 3.37 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 (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). Oracle had a net margin of 21.08% and a return on equity of 72.93%. The firm had revenue of $14.93 billion for the quarter, compared to analysts' expectations of $15.04 billion. During the same period last year, the company posted $1.39 earnings per share. The business's revenue for the quarter was up 12.2% compared to the same quarter last year. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Sell-side analysts expect that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Dividend Announcement

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

Insider Buying and Selling

In related news, EVP Stuart Levey sold 19,758 shares of Oracle stock in a transaction dated 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 completion of the sale, the executive vice president directly owned 18,429 shares in the company, valued at approximately $5,528,700. This trade represents a 51.74% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Clayton M. Magouyrk sold 21,241 shares of the firm's stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $297.11, for a total value of $6,310,913.51. Following the completion of the transaction, the insider directly owned 78,000 shares in the company, valued at $23,174,580. The trade was a 21.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 120,769 shares of company stock worth $36,428,967 in the last three months. 40.90% of the stock is currently owned by company insiders.

About Oracle

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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