Ewa LLC raised its position in shares of Oracle Corporation (NYSE:ORCL – Free Report) by 5.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,415 shares of the enterprise software provider’s stock after buying an additional 162 shares during the quarter. Ewa LLC’s holdings in Oracle were worth $747,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also added to or reduced their stakes in ORCL. Redmont Wealth Advisors LLC purchased a new position in Oracle during the first quarter valued at $27,000. Inlight Wealth Management LLC purchased a new position in Oracle during the first quarter valued at $28,000. Iron Horse Wealth Management LLC lifted its position in Oracle by 284.9% during the first quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider’s stock valued at $29,000 after buying an additional 151 shares during the period. Legend Financial Advisors Inc. purchased a new position in Oracle during the second quarter valued at $34,000. Finally, Graybill Wealth Management LTD. purchased a new position in Oracle during the first quarter valued at $39,000. Hedge funds and other institutional investors own 42.44% of the company’s stock.
Analysts Set New Price Targets
Several equities analysts have recently issued reports on ORCL shares. Melius Research lifted their price target on Oracle from $270.00 to $370.00 and gave the stock a “buy” rating in a research report on Wednesday, September 10th. Sanford C. Bernstein lifted their price target on Oracle from $363.00 to $364.00 and gave the stock an “outperform” rating in a research report on Friday, September 26th. Jefferies Financial Group lifted their price target on Oracle from $270.00 to $360.00 and gave the stock a “buy” rating in a research report on Wednesday, September 10th. Barclays lifted their price target on Oracle from $221.00 to $281.00 and gave the stock an “overweight” rating in a research report on Monday, September 8th. Finally, Bank of America raised Oracle from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $295.00 to $368.00 in a research report on Wednesday, September 10th. Two research analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, Oracle presently has an average rating of “Moderate Buy” and an average target price of $304.71.
Oracle Price Performance
Shares of NYSE:ORCL opened at $289.68 on Thursday. Oracle Corporation has a fifty-two week low of $118.86 and a fifty-two week high of $345.72. The business has a 50-day simple moving average of $260.78 and a two-hundred day simple moving average of $203.24. 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 firm has a market cap of $825.83 billion, a price-to-earnings ratio of 67.06, a price-to-earnings-growth ratio of 3.03 and a beta of 1.53.
Oracle (NYSE:ORCL – Get Free Report) last issued its earnings results 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 business had revenue of $14.93 billion during the quarter, compared to analysts’ expectations of $15.04 billion. During the same period last year, the firm posted $1.39 EPS. Oracle’s quarterly revenue was up 12.2% compared to the same quarter last year. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, analysts expect that Oracle Corporation will post 5 earnings per share for the current year.
Oracle Announces Dividend
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 given a dividend of $0.50 per share. 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 presently 46.30%.
Insider Activity
In other news, insider Clayton M. Magouyrk sold 21,241 shares of the company’s stock in a transaction dated 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 completion of the sale, the insider owned 78,000 shares of the company’s stock, valued at $23,174,580. This represents a 21.40% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Naomi O. Seligman sold 2,222 shares of the company’s stock in a transaction dated Friday, September 26th. The shares were sold at an average price of $288.91, for a total transaction of $641,958.02. Following 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 ninety days, insiders have sold 104,314 shares of company stock worth $31,272,223. Company insiders own 42.20% 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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