Trust Co of Kansas Reduces Stock Position in Oracle Corporation $ORCL

Trust Co of Kansas lowered its stake in shares of Oracle Corporation (NYSE:ORCLFree Report) by 11.8% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,911 shares of the enterprise software provider’s stock after selling 255 shares during the quarter. Trust Co of Kansas’ holdings in Oracle were worth $418,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. CHURCHILL MANAGEMENT Corp boosted its stake in Oracle by 1.8% during the 2nd quarter. CHURCHILL MANAGEMENT Corp now owns 23,336 shares of the enterprise software provider’s stock valued at $5,102,000 after acquiring an additional 402 shares during the last quarter. EWA LLC increased its position in shares of Oracle by 5.0% in the 2nd quarter. EWA LLC now owns 3,415 shares of the enterprise software provider’s stock worth $747,000 after purchasing an additional 162 shares during the last quarter. Pinnacle Investment Management Ltd acquired a new stake in shares of Oracle in the 2nd quarter valued at about $131,000. Vicus Capital lifted its position in shares of Oracle by 6.6% during the second quarter. Vicus Capital now owns 3,468 shares of the enterprise software provider’s stock worth $758,000 after purchasing an additional 216 shares during the last quarter. Finally, Gold Investment Management Ltd. grew its stake in Oracle by 17.8% in the second quarter. Gold Investment Management Ltd. now owns 15,149 shares of the enterprise software provider’s stock worth $3,315,000 after purchasing an additional 2,289 shares in the last quarter. Institutional investors own 42.44% of the company’s stock.

Wall Street Analysts Forecast Growth

ORCL has been the topic of several research reports. William Blair restated an “outperform” rating on shares of Oracle in a research note on Monday, September 22nd. Scotiabank reiterated an “outperform” rating on shares of Oracle in a report on Wednesday, September 10th. Rothschild & Co Redburn initiated coverage on Oracle in a research report on Thursday, September 25th. They set a “sell” rating and a $175.00 price target on the stock. Royal Bank Of Canada lifted their price objective on shares of Oracle from $145.00 to $195.00 and gave the stock a “sector perform” rating in a report on Thursday, June 12th. Finally, Sanford C. Bernstein boosted their target price on shares of Oracle from $363.00 to $364.00 and gave the company an “outperform” rating in a research note on Friday, September 26th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, Oracle currently has an average rating of “Moderate Buy” and an average target price of $304.71.

View Our Latest Stock Analysis on ORCL

Insider Buying and Selling

In other Oracle news, insider Michael D. Sicilia sold 33,845 shares of the business’s stock in a transaction dated Tuesday, September 23rd. The shares were sold at an average price of $321.16, for a total value of $10,869,660.20. Following the completion of the transaction, the insider directly owned 132,656 shares of the company’s stock, valued at approximately $42,603,800.96. The trade was a 20.33% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Rona Alison Fairhead purchased 480 shares of the stock in a transaction that occurred on Monday, July 7th. The stock was bought at an average cost of $233.87 per share, with a total value of $112,257.60. Following the acquisition, the director owned 22,110 shares of the company’s stock, valued at $5,170,865.70. This represents a 2.22% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have sold a total of 104,314 shares of company stock valued at $31,272,223 in the last ninety days. 42.20% of the stock is owned by corporate insiders.

Oracle Stock Up 3.0%

Shares of NYSE:ORCL opened at $289.68 on Thursday. Oracle Corporation has a 52 week low of $118.86 and a 52 week high of $345.72. The company has a market cap of $825.83 billion, a PE ratio of 67.06, a price-to-earnings-growth ratio of 3.03 and a beta of 1.53. 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 50 day simple moving average of $260.78 and a 200 day simple moving average of $203.24.

Oracle (NYSE:ORCLGet Free Report) last announced its quarterly earnings results 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). Oracle had a net margin of 21.08% and a return on equity of 72.93%. The firm had revenue of $14.93 billion during the quarter, compared to the consensus estimate of $15.04 billion. During the same period in the previous year, the firm posted $1.39 EPS. The company’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. As a group, research analysts expect that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Investors of record on Thursday, October 9th will be given a dividend of $0.50 per share. 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 (DPR) is 46.30%.

Oracle Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Oracle (NYSE:ORCL)

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