Oracle (NYSE:ORCL) Trading Down 2.4% - What's Next?

Key Points

• Oracle's stock has decreased by 2.4% recently, trading at $284.46 after a low of $271.00, with trading volume significantly up by 111% from average levels.
• Equities analysts have mixed sentiments, with price targets ranging from $175.00 to $400.00 and a consensus rating of "Moderate Buy".
• The company has recently announced a quarterly dividend of $0.50, to be paid on October 23rd, with a current dividend yield of 0.7%.

Shares of Oracle Corporation (NYSE:ORCL - Get Free Report) traded down 2.4% on Tuesday . The company traded as low as $271.00 and last traded at $284.46. 31,341,171 shares were traded during trading, an increase of 111% from the average session volume of 14,832,584 shares. The stock had previously closed at $291.59.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. Piper Sandler boosted their price objective on Oracle from $270.00 to $330.00 and gave the stock an "overweight" rating in a research report on Wednesday, September 10th. Rothschild & Co Redburn began coverage on Oracle in a research report on Thursday, September 25th. They issued a "sell" rating and a $175.00 price target on the stock. TD Cowen upped their price target on Oracle from $325.00 to $375.00 and gave the company a "buy" rating in a research report on Wednesday, September 10th. Wolfe Research upped their price target on Oracle from $300.00 to $400.00 and gave the company an "outperform" rating in a research report on Wednesday, September 10th. Finally, Weiss Ratings reiterated a "hold (c+)" rating on shares of Oracle in a research report on Saturday, September 27th. Two research analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $304.71.

Oracle Trading Down 2.4%

The company has a debt-to-equity ratio of 3.33, a quick ratio of 0.62 and a current ratio of 0.62. The business has a 50 day moving average of $263.41 and a two-hundred day moving average of $206.82. The firm has a market capitalization of $810.94 billion, a price-to-earnings ratio of 65.85, a P/E/G ratio of 3.08 and a beta of 1.53.

Oracle (NYSE:ORCL - Get Free Report) last issued its quarterly earnings data 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). The company had revenue of $14.93 billion for the quarter, compared to the consensus estimate of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.The business's revenue for the quarter was up 12.2% on a year-over-year basis. During the same period in the prior year, the firm posted $1.39 earnings per share. 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 year.

Oracle Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th will be issued a $0.50 dividend. The ex-dividend date of this dividend is Thursday, October 9th. This represents a $2.00 annualized dividend and a dividend yield of 0.7%. Oracle's dividend payout ratio is currently 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 transaction of $3,519,000.00. Following the completion of the transaction, the director directly owned 17,764 shares of the company's stock, valued at approximately $5,435,784. This represents a 39.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Clayton M. Magouyrk sold 21,241 shares of the stock in a transaction on Friday, September 12th. The shares were sold at an average price of $297.11, for a total value of $6,310,913.51. Following the transaction, the insider directly owned 78,000 shares of the company's stock, valued at approximately $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 three months, insiders sold 104,314 shares of company stock valued at $31,272,223. Insiders own 42.20% of the company's stock.

Hedge Funds Weigh In On Oracle

Several institutional investors and hedge funds have recently bought and sold shares of the company. Harel Insurance Investments & Financial Services Ltd. lifted its position in shares of Oracle by 71.6% during the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 257,378 shares of the enterprise software provider's stock worth $35,984,000 after acquiring an additional 107,404 shares in the last quarter. Lockheed Martin Investment Management Co. lifted its position in shares of Oracle by 4.3% during the first quarter. Lockheed Martin Investment Management Co. now owns 51,350 shares of the enterprise software provider's stock worth $7,179,000 after acquiring an additional 2,110 shares in the last quarter. Lockerman Financial Group Inc. purchased a new stake in shares of Oracle during the second quarter worth $328,000. Elser Financial Planning Inc purchased a new stake in shares of Oracle during the second quarter worth $1,066,000. Finally, Canoe Financial LP lifted its position in shares of Oracle by 314.8% during the second quarter. Canoe Financial LP now owns 484,098 shares of the enterprise software provider's stock worth $105,838,000 after acquiring an additional 367,400 shares in the last quarter. 42.44% of the stock is owned by institutional investors.

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.

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