Oracle (NYSE:ORCL) Stock Price Up 3.1% Following Analyst Upgrade

Key Points

• Oracle's stock price increased by 3.1% following an upgrade from Weiss Ratings, moving from a hold (c+) to a buy (b-) rating.
• Analysts have a consensus price target of $306.43 for Oracle, with two strong buy ratings and a total of twenty-seven buy ratings issued recently.
• The company announced a quarterly dividend of $0.50, to be paid on October 23rd, signifying a 0.7% dividend yield for investors.

Shares of Oracle Corporation (NYSE:ORCL - Get Free Report) traded up 3.1% during trading on Thursday after Weiss Ratings upgraded the stock from a hold (c+) rating to a buy (b-) rating. The company traded as high as $300.97 and last traded at $296.95. 26,333,353 shares were traded during mid-day trading, an increase of 77% from the average session volume of 14,907,286 shares. The stock had previously closed at $288.13.

A number of other analysts have also recently issued reports on the stock. Royal Bank Of Canada raised their target price on shares of Oracle from $145.00 to $195.00 and gave the stock a "sector perform" rating in a research note on Thursday, June 12th. DA Davidson lifted their price objective on shares of Oracle from $220.00 to $300.00 and gave the stock a "neutral" rating in a research note on Wednesday, September 10th. JMP Securities reiterated a "market outperform" rating and issued a $342.00 price objective on shares of Oracle in a research note on Wednesday, September 24th. Barclays lifted their price objective on shares of Oracle from $221.00 to $281.00 and gave the stock an "overweight" rating in a research note on Monday, September 8th. Finally, Berenberg Bank raised their target price on shares of Oracle from $202.00 to $306.00 and gave the company a "hold" rating in a report on Monday, September 15th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $306.43.

Insider Activity at Oracle

In related news, insider Clayton M. Magouyrk sold 21,241 shares of Oracle stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $297.11, for a total transaction of $6,310,913.51. Following the sale, the insider directly owned 78,000 shares of the company's stock, valued at approximately $23,174,580. The trade was a 21.40% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Michael D. Sicilia sold 33,845 shares of Oracle stock in a transaction that occurred on Tuesday, September 23rd. The stock was sold at an average price of $321.16, for a total transaction of $10,869,660.20. Following the sale, the insider owned 132,656 shares in the company, valued at approximately $42,603,800.96. This represents a 20.33% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 104,314 shares of company stock valued at $31,272,223. Company insiders own 40.90% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Brighton Jones LLC lifted its position in shares of Oracle by 189.3% during the 4th quarter. Brighton Jones LLC now owns 153,580 shares of the enterprise software provider's stock valued at $25,593,000 after acquiring an additional 100,494 shares during the period. Revolve Wealth Partners LLC lifted its position in shares of Oracle by 8.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 5,418 shares of the enterprise software provider's stock valued at $903,000 after acquiring an additional 404 shares during the period. Wedge Capital Management L L P NC lifted its position in shares of Oracle by 4.0% during the 1st quarter. Wedge Capital Management L L P NC now owns 2,871 shares of the enterprise software provider's stock valued at $401,000 after acquiring an additional 110 shares during the period. Wealthcare Advisory Partners LLC increased its stake in Oracle by 9.3% during the 1st quarter. Wealthcare Advisory Partners LLC now owns 38,341 shares of the enterprise software provider's stock valued at $5,360,000 after purchasing an additional 3,269 shares in the last quarter. Finally, GAMMA Investing LLC increased its stake in Oracle by 8.1% during the 1st quarter. GAMMA Investing LLC now owns 34,011 shares of the enterprise software provider's stock valued at $4,755,000 after purchasing an additional 2,546 shares in the last quarter. Institutional investors and hedge funds own 42.44% of the company's stock.

Oracle Stock Up 3.1%

The firm has a market cap of $846.54 billion, a P/E ratio of 68.74, a price-to-earnings-growth ratio of 3.06 and a beta of 1.53. The stock's 50 day simple moving average is $264.86 and its 200 day simple moving average is $207.92. 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 results on Tuesday, September 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing analysts' consensus estimates of $1.48 by ($0.01). Oracle had a net margin of 21.08% and a return on equity of 72.93%. The business had revenue of $14.93 billion for the quarter, compared to the consensus estimate of $15.04 billion. During the same quarter last year, the firm posted $1.39 EPS. 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. Research analysts anticipate that Oracle Corporation will post 5 EPS for the current year.

Oracle Dividend Announcement

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

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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