Hager Investment Management Services LLC lifted its holdings in Oracle Corporation (NYSE:ORCL – Free Report) by 11.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,565 shares of the enterprise software provider’s stock after acquiring an additional 1,365 shares during the period. Oracle makes up approximately 1.8% of Hager Investment Management Services LLC’s portfolio, making the stock its 19th biggest position. Hager Investment Management Services LLC’s holdings in Oracle were worth $2,966,000 at the end of the most recent quarter.
Other hedge funds have also recently made changes to their positions in the company. Reyes Financial Architecture Inc. boosted its position in Oracle by 7.2% during the second quarter. Reyes Financial Architecture Inc. now owns 643 shares of the enterprise software provider’s stock valued at $141,000 after buying an additional 43 shares during the period. Creative Capital Management Investments LLC boosted its position in Oracle by 5.7% during the second quarter. Creative Capital Management Investments LLC now owns 798 shares of the enterprise software provider’s stock valued at $174,000 after buying an additional 43 shares during the period. Davis Investment Partners LLC boosted its position in Oracle by 0.7% during the second quarter. Davis Investment Partners LLC now owns 6,930 shares of the enterprise software provider’s stock valued at $1,517,000 after buying an additional 46 shares during the period. Acropolis Investment Management LLC boosted its holdings in shares of Oracle by 2.6% during the second quarter. Acropolis Investment Management LLC now owns 1,850 shares of the enterprise software provider’s stock worth $404,000 after purchasing an additional 47 shares during the period. Finally, Sunpointe LLC boosted its holdings in shares of Oracle by 0.9% during the second quarter. Sunpointe LLC now owns 5,563 shares of the enterprise software provider’s stock worth $1,216,000 after purchasing an additional 48 shares during the period. 42.44% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
A number of research firms have recently weighed in on ORCL. Roth Capital reiterated a “hold” rating on shares of Oracle in a report on Wednesday, June 18th. BNP Paribas set a $377.00 target price on shares of Oracle in a report on Wednesday, September 10th. Sanford C. Bernstein increased their target price on shares of Oracle from $363.00 to $364.00 and gave the stock an “outperform” rating in a report on Friday, September 26th. Raymond James Financial reiterated a “strong-buy” rating on shares of Oracle in a report on Wednesday, June 18th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $240.00 target price (up from $200.00) on shares of Oracle in a report on Thursday, June 12th. Two research analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $306.43.
Oracle Stock Performance
Shares of ORCL opened at $288.48 on Thursday. The company has a debt-to-equity ratio of 3.33, a current ratio of 0.62 and a quick ratio of 0.62. Oracle Corporation has a one year low of $118.86 and a one year high of $345.72. The company has a 50-day simple moving average of $264.86 and a two-hundred day simple moving average of $207.92. The firm has a market capitalization of $822.40 billion, a PE ratio of 66.78, a price-to-earnings-growth ratio of 3.06 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 the consensus estimate of $1.48 by ($0.01). Oracle had a return on equity of 72.93% and a net margin of 21.08%.The company had revenue of $14.93 billion during the quarter, compared to analysts’ expectations of $15.04 billion. During the same quarter last year, the business earned $1.39 earnings per share. The business’s quarterly revenue was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, analysts anticipate that Oracle Corporation will post 5 EPS for the current fiscal year.
Oracle Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th will be paid a dividend of $0.50 per share. The ex-dividend date of this dividend is Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.7%. Oracle’s dividend payout ratio (DPR) is currently 46.30%.
Insider Buying and Selling at Oracle
In other Oracle news, insider Michael D. Sicilia sold 33,845 shares of the firm’s stock in a transaction that occurred on Tuesday, September 23rd. The shares were sold at an average price of $321.16, for a total transaction of $10,869,660.20. Following the completion of the transaction, the insider owned 132,656 shares of the company’s stock, valued at approximately $42,603,800.96. This trade represents a 20.33% 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, 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 transaction of $3,519,000.00. Following the transaction, the director directly owned 17,764 shares of the company’s stock, valued at $5,435,784. This represents a 39.30% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 104,314 shares of company stock worth $31,272,223 over the last three months. Company insiders own 40.90% of the company’s stock.
Oracle 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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