Oracle (NYSE:ORCL) Trading Down 2.8% - What's Next?

Key Points

• Oracle's stock price decreased by 2.8% to $299.33 amid high trading volume, with approximately 16.9 million shares exchanged, significantly exceeding its average daily volume.
• In its recent quarterly earnings report, Oracle reported $1.47 EPS, below analyst expectations of $1.48, and revenue of $14.93 billion, missing the estimate of $15.04 billion.
• The company declared a quarterly dividend of $0.50 per share, with an upcoming record date and an annualized yield of 0.7%, highlighting a payout ratio of 46.30%.

Oracle Corporation (NYSE:ORCL - Get Free Report) dropped 2.8% during mid-day trading on Tuesday . The stock traded as low as $291.98 and last traded at $299.33. Approximately 16,948,418 shares changed hands during trading, an increase of 13% from the average daily volume of 15,032,685 shares. The stock had previously closed at $308.01.

Analyst Upgrades and Downgrades

Several research firms have weighed in on ORCL. BNP Paribas set a $377.00 price objective on shares of Oracle in a research report on Wednesday, September 10th. UBS Group set a $364.00 price objective on shares of Oracle in a report on Friday, September 26th. Rothschild Redb raised shares of Oracle to a "strong sell" rating in a research report on Thursday, September 25th. Baird R W raised shares of Oracle to a "strong-buy" rating in a research report on Wednesday, October 8th. Finally, Bank of America upgraded shares of Oracle from a "neutral" rating to a "buy" rating and raised their price objective for the company from $295.00 to $368.00 in a report on Wednesday, September 10th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $307.00.

Oracle Trading Down 2.8%

The firm's 50-day moving average is $267.80 and its 200-day moving average is $211.91. 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 firm has a market cap of $853.32 billion, a price-to-earnings ratio of 69.29, a P/E/G ratio of 3.15 and a beta of 1.53.

Oracle (NYSE:ORCL - Get Free Report) last posted its quarterly earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.48 by ($0.01). The business had revenue of $14.93 billion during the quarter, compared to analyst estimates of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. The business's revenue for the quarter was up 12.2% compared to the same quarter last year. During the same period in the previous year, the business posted $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, sell-side analysts anticipate that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 23rd. Investors of record on Thursday, October 9th will be issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, October 9th. Oracle's payout ratio is 46.30%.

Insider Transactions at Oracle

In other news, Director William G. Parrett sold 11,500 shares of the firm's stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $306.00, for a total value of $3,519,000.00. Following the transaction, the director owned 17,764 shares in the company, valued at approximately $5,435,784. This trade 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 hyperlink. Also, Director Naomi O. Seligman sold 2,222 shares of the firm's stock in a transaction on Friday, September 26th. The stock was sold at an average price of $288.91, for a total value of $641,958.02. Following the completion of the sale, the director directly owned 29,225 shares of the company's stock, valued at $8,443,394.75. The trade was a 7.07% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 104,314 shares of company stock valued at $31,272,223. 40.90% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Oracle

Several large investors have recently modified their holdings of the stock. Vanguard Group Inc. lifted its position in shares of Oracle by 2.1% during the 2nd quarter. Vanguard Group Inc. now owns 164,278,874 shares of the enterprise software provider's stock valued at $35,916,290,000 after buying an additional 3,353,461 shares in the last quarter. State Street Corp lifted its holdings in Oracle by 1.7% in the 2nd quarter. State Street Corp now owns 73,459,391 shares of the enterprise software provider's stock worth $16,060,427,000 after purchasing an additional 1,252,723 shares in the last quarter. Northern Trust Corp lifted its holdings in Oracle by 0.6% in the 1st quarter. Northern Trust Corp now owns 19,741,423 shares of the enterprise software provider's stock worth $2,760,048,000 after purchasing an additional 120,889 shares in the last quarter. Norges Bank purchased a new position in Oracle in the 2nd quarter worth approximately $4,275,378,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Oracle by 0.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 13,884,524 shares of the enterprise software provider's stock worth $1,941,195,000 after purchasing an additional 59,164 shares in the last quarter. Hedge funds and other institutional investors own 42.44% of the company's stock.

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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