Oracle Corporation $ORCL Shares Sold by Wright Investors Service Inc.

Key Points

• Wright Investors Service Inc. significantly reduced its stake in Oracle Corporation by 42.8% in Q2, resulting in ownership of 17,278 shares valued at $3.8 million, making it the firm's 24th largest position.
• Analysts currently have an average rating of "Moderate Buy" for Oracle, with an average target price of $303.44, and several firms recently raised their target prices significantly.
• Oracle declared a quarterly dividend of $0.50 per share, payable on October 23rd, with an annualized yield of 0.6%, contributing to a payout ratio of 46.30%.

Wright Investors Service Inc. trimmed its holdings in Oracle Corporation (NYSE:ORCL - Free Report) by 42.8% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 17,278 shares of the enterprise software provider's stock after selling 12,925 shares during the period. Oracle makes up about 1.1% of Wright Investors Service Inc.'s holdings, making the stock its 24th largest holding. Wright Investors Service Inc.'s holdings in Oracle were worth $3,777,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in Oracle by 2.2% during the first quarter. Vanguard Group Inc. now owns 160,925,413 shares of the enterprise software provider's stock worth $22,498,982,000 after purchasing an additional 3,513,464 shares in the last quarter. Northern Trust Corp lifted its stake in Oracle by 0.6% during the first quarter. Northern Trust Corp now owns 19,741,423 shares of the enterprise software provider's stock worth $2,760,048,000 after purchasing an additional 120,889 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Oracle by 0.4% during the first 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 worth $1,941,195,000 after purchasing an additional 59,164 shares in the last quarter. Amundi lifted its stake in Oracle by 3.3% during the first quarter. Amundi now owns 12,736,855 shares of the enterprise software provider's stock worth $1,749,280,000 after purchasing an additional 409,691 shares in the last quarter. Finally, Polen Capital Management LLC lifted its stake in Oracle by 17.6% during the first quarter. Polen Capital Management LLC now owns 12,609,101 shares of the enterprise software provider's stock worth $1,762,878,000 after purchasing an additional 1,885,370 shares in the last quarter. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Oracle Stock Performance

Shares of NYSE ORCL traded up $12.56 during midday trading on Friday, reaching $309.18. 40,475,718 shares of the company were exchanged, compared to its average volume of 28,056,660. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.33. Oracle Corporation has a 1 year low of $118.86 and a 1 year high of $345.72. The stock has a fifty day simple moving average of $251.63 and a 200 day simple moving average of $195.39. The stock has a market cap of $878.60 billion, a P/E ratio of 71.57, a PEG ratio of 3.34 and a beta of 1.46.

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). Oracle had a return on equity of 72.93% and a net margin of 21.08%.The company had revenue of $14.93 billion for the quarter, compared to analysts' expectations of $15.04 billion. During the same period in the prior year, the business earned $1.39 EPS. The business's quarterly revenue was up 12.2% compared to the same quarter last year. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, research analysts forecast that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Announces Dividend

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 issued a dividend of $0.50 per share. The ex-dividend date of this dividend is Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.6%. Oracle's dividend payout ratio (DPR) is currently 46.30%.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on ORCL shares. DA Davidson upped their price target on Oracle from $220.00 to $300.00 and gave the stock a "neutral" rating in a research note on Wednesday, September 10th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a $240.00 price objective (up from $200.00) on shares of Oracle in a research note on Thursday, June 12th. Westpark Capital increased their price objective on Oracle from $195.00 to $246.00 and gave the company a "buy" rating in a research note on Thursday, June 12th. Wolfe Research increased their price objective on Oracle from $300.00 to $400.00 and gave the company an "outperform" rating in a research note on Wednesday, September 10th. Finally, Loop Capital set a $135.00 price target on Oracle in a research note on Tuesday, June 10th. Two analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $303.44.

Insider Activity

In related news, insider Michael D. Sicilia sold 16,323 shares of the firm's stock in a transaction dated Tuesday, September 16th. The shares were sold at an average price of $313.60, for a total value of $5,118,892.80. Following the completion of the sale, the insider owned 110,094 shares in the company, valued at $34,525,478.40. This trade represents a 12.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Maria Smith sold 10,000 shares of the firm's stock in a transaction dated Thursday, July 3rd. The shares were sold at an average price of $232.99, for a total transaction of $2,329,900.00. Following the completion of the sale, the executive vice president owned 40,807 shares of the company's stock, valued at approximately $9,507,622.93. The trade was a 19.68% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 78,247 shares of company stock valued at $22,090,505. Insiders own 42.20% of the company's stock.

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.