WT Asset Management Ltd Takes Position in Oracle Corporation $ORCL

Key Points

• WT Asset Management Ltd has acquired a new stake in Oracle Corporation, purchasing 256,300 shares valued at approximately $56 million, making Oracle its 7th largest investment.
• Oracle reported Q1 earnings of $1.47 per share, slightly missing analyst expectations, with a revenue of $14.93 billion, but experienced a year-over-year revenue growth of 12.2%.
• Alongside the earnings, Oracle announced a quarterly dividend of $0.50 per share, with a payout ratio of 46.30%, set to be paid on October 23rd.

WT Asset Management Ltd bought a new stake in shares of Oracle Corporation (NYSE:ORCL - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 256,300 shares of the enterprise software provider's stock, valued at approximately $56,035,000. Oracle accounts for about 3.9% of WT Asset Management Ltd's investment portfolio, making the stock its 7th biggest position.

A number of other large investors have also recently made changes to their positions in the stock. Segment Wealth Management LLC boosted its stake in shares of Oracle by 4.7% during the second quarter. Segment Wealth Management LLC now owns 2,905 shares of the enterprise software provider's stock valued at $635,000 after purchasing an additional 130 shares during the period. Precedent Wealth Partners LLC purchased a new stake in shares of Oracle during the second quarter valued at $301,000. Fairvoy Private Wealth LLC boosted its stake in shares of Oracle by 1.7% during the second quarter. Fairvoy Private Wealth LLC now owns 4,344 shares of the enterprise software provider's stock valued at $950,000 after purchasing an additional 73 shares during the period. Jackson Wealth Management LLC boosted its stake in shares of Oracle by 43.2% during the second quarter. Jackson Wealth Management LLC now owns 47,716 shares of the enterprise software provider's stock valued at $10,432,000 after purchasing an additional 14,395 shares during the period. Finally, Curran Financial Partners LLC purchased a new stake in shares of Oracle during the second quarter valued at $426,000. 42.44% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director Rona Alison Fairhead acquired 480 shares of the company's stock in a transaction dated Monday, July 7th. The shares were purchased at an average cost of $233.87 per share, with a total value of $112,257.60. Following the completion of the acquisition, the director directly owned 22,110 shares of the company's stock, valued at $5,170,865.70. This represents a 2.22% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Michael D. Sicilia sold 33,845 shares of the business's stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $321.16, for a total transaction of $10,869,660.20. Following the sale, the insider directly owned 132,656 shares in the company, valued at $42,603,800.96. This trade represents a 20.33% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 104,314 shares of company stock valued at $31,272,223. 42.20% of the stock is owned by corporate insiders.

Oracle Stock Performance

ORCL opened at $286.23 on Friday. The company has a market cap of $815.99 billion, a P/E ratio of 66.26, a price-to-earnings-growth ratio of 3.11 and a beta of 1.53. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 3.33. The firm's 50-day moving average price is $262.53 and its 200-day moving average price is $205.11. Oracle Corporation has a 52-week low of $118.86 and a 52-week high of $345.72.

Oracle (NYSE:ORCL - Get Free Report) last released its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share for the quarter, missing the consensus estimate 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 firm posted $1.39 EPS. The firm's revenue for the quarter was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, equities analysts anticipate that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 23rd. Stockholders 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 0.7%. Oracle's payout ratio is 46.30%.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. TD Cowen boosted their target price on shares of Oracle from $325.00 to $375.00 and gave the company a "buy" rating in a research note on Wednesday, September 10th. Westpark Capital lifted their price objective on Oracle from $195.00 to $246.00 and gave the company a "buy" rating in a report on Thursday, June 12th. Redburn Partners set a $175.00 price objective on Oracle in a report on Thursday, September 25th. Oppenheimer restated an "outperform" rating on shares of Oracle in a report on Wednesday, June 18th. Finally, Roth Capital restated a "hold" rating on shares of Oracle in a report on Wednesday, June 18th. Two equities research 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 assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $304.71.

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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