Morey & Quinn Wealth Partners LLC Has $1 Million Stake in Oracle Corporation $ORCL

Morey & Quinn Wealth Partners LLC increased its position in Oracle Corporation (NYSE:ORCL) by 1.7% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 4,590 shares of the enterprise software provider’s stock after purchasing an additional 75 shares during the period. Oracle comprises about 0.8% of Morey & Quinn Wealth Partners LLC’s investment portfolio, making the stock its 28th biggest holding. Morey & Quinn Wealth Partners LLC’s holdings in Oracle were worth $1,004,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Maryland State Retirement & Pension System boosted its stake in Oracle by 7.3% in the 2nd quarter. Maryland State Retirement & Pension System now owns 80,332 shares of the enterprise software provider’s stock worth $17,563,000 after purchasing an additional 5,467 shares during the period. Optas LLC boosted its stake in Oracle by 1.8% in the 2nd quarter. Optas LLC now owns 10,525 shares of the enterprise software provider’s stock worth $2,301,000 after purchasing an additional 184 shares during the period. Clear Creek Financial Management LLC boosted its stake in Oracle by 43.8% in the 2nd quarter. Clear Creek Financial Management LLC now owns 2,633 shares of the enterprise software provider’s stock worth $576,000 after purchasing an additional 802 shares during the period. Narwhal Capital Management boosted its stake in Oracle by 22.6% in the 2nd quarter. Narwhal Capital Management now owns 26,929 shares of the enterprise software provider’s stock worth $5,887,000 after purchasing an additional 4,966 shares during the period. Finally, Dohj LLC acquired a new stake in shares of Oracle during the 2nd quarter valued at $685,000. Institutional investors and hedge funds own 42.44% of the company’s stock.

Insider Activity

In other Oracle news, insider Clayton M. Magouyrk sold 21,241 shares of the business’s stock in a transaction on 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 transaction, the insider owned 78,000 shares of the company’s stock, valued at $23,174,580. The trade was a 21.40% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Naomi O. Seligman sold 3,303 shares of the business’s stock in a transaction on Wednesday, July 16th. The stock was sold at an average price of $233.32, for a total transaction of $770,655.96. Following the transaction, the director directly owned 31,447 shares of the company’s stock, valued at approximately $7,337,214.04. This represents a 9.51% decrease in their position. The disclosure for this sale can be found here. Insiders sold 104,314 shares of company stock worth $31,272,223 in the last 90 days. Insiders own 40.90% of the company’s stock.

Oracle Stock Performance

Shares of ORCL opened at $288.48 on Thursday. The company 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. 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’s fifty day moving average price is $264.86 and its 200 day moving average price is $207.92.

Oracle (NYSE:ORCL) last released 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). The firm had revenue of $14.93 billion for the quarter, compared to analyst estimates of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.The firm’s revenue was up 12.2% on a year-over-year basis. During the same period in the prior year, the firm earned $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, analysts expect that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Shareholders 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 dividend on an annualized basis and a yield of 0.7%. Oracle’s payout ratio is currently 46.30%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Mizuho lifted their target price on shares of Oracle from $300.00 to $350.00 and gave the company an “outperform” rating in a research note on Wednesday, September 10th. Jefferies Financial Group lifted their target price on shares of Oracle from $270.00 to $360.00 and gave the company a “buy” rating in a research note on Wednesday, September 10th. William Blair reissued an “outperform” rating on shares of Oracle in a research note on Monday, September 22nd. Rothschild Redb raised shares of Oracle to a “strong sell” rating in a research note on Thursday, September 25th. Finally, Guggenheim raised their price target on shares of Oracle from $250.00 to $375.00 and gave the company a “buy” rating in a report on Wednesday, September 10th. Two research analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $306.43.

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.