Oracle (NYSE:ORCL) Trading 1.4% Higher - Should You Buy?

Key Points

• Oracle shares rose by 1.4%, reaching a trading high of $311.01, with a recent last trading price of $303.30.
• Analysts have raised their price targets significantly, with Bank of America setting a target of $368.00 and Wolfe Research at $400.00, reflecting a strong positive outlook for the stock.
• The company recently announced a $0.50 quarterly dividend, with a yield of 0.7%, to be paid on October 23rd to eligible shareholders.

Shares of Oracle Corporation (NYSE:ORCL - Get Free Report) shot up 1.4% during mid-day trading on Wednesday . The stock traded as high as $311.01 and last traded at $303.30. 13,300,296 shares were traded during mid-day trading, a decline of 11% from the average session volume of 15,022,916 shares. The stock had previously closed at $299.00.

Analysts Set New Price Targets

Several research firms recently issued reports on ORCL. Bank of America raised Oracle from a "neutral" rating to a "buy" rating and upped their price objective for the company from $295.00 to $368.00 in a research report on Wednesday, September 10th. Cantor Fitzgerald upped their price objective on Oracle from $271.00 to $400.00 and gave the company an "overweight" rating in a research report on Wednesday, September 10th. Wolfe Research upped their price objective on Oracle from $300.00 to $400.00 and gave the company an "outperform" rating in a research report on Wednesday, September 10th. Redburn Partners set a $175.00 price objective on Oracle in a research report on Thursday, September 25th. Finally, Piper Sandler upped their price objective on Oracle from $270.00 to $330.00 and gave the company an "overweight" rating in a research report on Wednesday, September 10th. Three equities research 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 given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $307.00.

Oracle Price Performance

The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.33. The stock has a market capitalization of $864.64 billion, a PE ratio of 70.21, a price-to-earnings-growth ratio of 3.31 and a beta of 1.53. The firm has a 50 day moving average price of $268.67 and a 200 day moving average price of $212.52.

Oracle (NYSE:ORCL - Get Free Report) last posted 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). The company had revenue of $14.93 billion during the quarter, compared to analysts' expectations of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.The company's revenue for the quarter was up 12.2% on a year-over-year basis. During the same quarter last year, the company earned $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Research analysts anticipate that Oracle Corporation will post 5 earnings per share for the current 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 paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Thursday, October 9th. Oracle's dividend payout ratio is 46.30%.

Insiders Place Their Bets

In other Oracle news, Director William G. Parrett sold 11,500 shares of the stock in a transaction on Friday, September 12th. The stock was sold at an average price of $306.00, for a total value of $3,519,000.00. Following the completion of the sale, the director owned 17,764 shares in the company, valued at approximately $5,435,784. This represents a 39.30% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Stuart Levey sold 19,758 shares of the stock in a transaction on 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 owned 18,429 shares of the company's stock, valued at $5,528,700. The trade was a 51.74% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 120,769 shares of company stock worth $36,428,967 in the last three months. 40.90% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Kampmann Melissa S. lifted its position in Oracle by 0.3% during the third quarter. Kampmann Melissa S. now owns 11,910 shares of the enterprise software provider's stock valued at $3,350,000 after buying an additional 35 shares in the last quarter. McLean Asset Management Corp increased its stake in shares of Oracle by 0.7% in the third quarter. McLean Asset Management Corp now owns 5,319 shares of the enterprise software provider's stock worth $1,551,000 after buying an additional 36 shares during the last quarter. Voisard Asset Management Group Inc. increased its position in shares of Oracle by 3.4% in the 3rd quarter. Voisard Asset Management Group Inc. now owns 1,127 shares of the enterprise software provider's stock worth $317,000 after purchasing an additional 37 shares during the last quarter. Snider Financial Group increased its position in shares of Oracle by 1.3% in the 2nd quarter. Snider Financial Group now owns 3,204 shares of the enterprise software provider's stock worth $701,000 after purchasing an additional 40 shares during the last quarter. Finally, SNS Financial Group LLC increased its position in shares of Oracle by 0.9% in the 2nd quarter. SNS Financial Group LLC now owns 4,896 shares of the enterprise software provider's stock worth $1,070,000 after purchasing an additional 42 shares during the last quarter. Institutional investors own 42.44% of the company's stock.

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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