Oracle (NYSE:ORCL) Stock Price Up 5.2% - Here's Why

Key Points

• Oracle's stock price surged by 5.2% during Monday's trading, reaching a peak of $310.70 before closing at $308.14.
• Equities analysts have shown strong support for Oracle, with upgrades to a "buy" rating and price objectives ranging from $281.00 to $368.00 following recent reports.
• The company declared a quarterly dividend of $0.50 per share, with the payout scheduled for October 23rd, contributing to an annualized yield of 0.6%.

Oracle Corporation (NYSE:ORCL - Get Free Report)'s share price rose 5.2% during trading on Monday . The company traded as high as $310.70 and last traded at $308.14. Approximately 21,340,381 shares changed hands during trading, an increase of 42% from the average daily volume of 15,020,947 shares. The stock had previously closed at $292.96.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. Bank of America upgraded Oracle from a "neutral" rating to a "buy" rating and lifted their price objective for the company from $295.00 to $368.00 in a research note on Wednesday, September 10th. BMO Capital Markets set a $355.00 price objective on Oracle and gave the company an "outperform" rating in a research note on Monday. Barclays lifted their price objective on Oracle from $221.00 to $281.00 and gave the company an "overweight" rating in a research note on Monday, September 8th. UBS Group set a $364.00 price objective on Oracle in a research note on Friday, September 26th. Finally, Oppenheimer reiterated an "outperform" rating on shares of Oracle in a research note on Wednesday, June 18th. Three research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $307.00.

Oracle Stock Performance

The stock has a 50-day moving average of $266.69 and a 200 day moving average of $210.74. The stock has a market cap of $878.43 billion, a PE ratio of 71.33, a P/E/G ratio of 3.15 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.

Oracle (NYSE:ORCL - Get Free Report) last released its quarterly earnings data on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share 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 analyst estimates of $15.04 billion. During the same period last year, the firm posted $1.39 EPS. The business's quarterly revenue was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Equities analysts predict that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Dividend Announcement

The firm also recently declared 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 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 is currently 46.30%.

Insiders Place Their Bets

In other Oracle news, insider Michael D. Sicilia sold 33,845 shares of the company's stock in a transaction 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 transaction, the insider directly owned 132,656 shares in the company, valued at $42,603,800.96. This represents a 20.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Clayton M. Magouyrk sold 21,241 shares of the company's stock in a transaction on 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 transaction, the insider owned 78,000 shares in the company, valued at $23,174,580. This trade represents a 21.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 104,314 shares of company stock valued at $31,272,223. 40.90% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Winnow Wealth LLC acquired a new stake in shares of Oracle in the second quarter valued at $28,000. Kilter Group LLC acquired a new stake in shares of Oracle during the second quarter worth about $30,000. LGT Financial Advisors LLC acquired a new stake in shares of Oracle during the second quarter worth about $33,000. Legend Financial Advisors Inc. acquired a new stake in shares of Oracle during the second quarter worth about $34,000. Finally, HighMark Wealth Management LLC purchased a new position in shares of Oracle during the second quarter worth about $38,000. 42.44% of the stock is currently owned by institutional investors and hedge funds.

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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