Sitrin Capital Management LLC Reduces Stock Position in Oracle Corporation $ORCL

Sitrin Capital Management LLC cut its stake in Oracle Corporation (NYSE:ORCL) by 1.5% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,961 shares of the enterprise software provider’s stock after selling 88 shares during the period. Sitrin Capital Management LLC’s holdings in Oracle were worth $1,303,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its position in Oracle by 2.2% in the first quarter. Vanguard Group Inc. now owns 160,925,413 shares of the enterprise software provider’s stock worth $22,498,982,000 after acquiring an additional 3,513,464 shares during the period. Northern Trust Corp grew its position in Oracle by 0.6% in the first quarter. Northern Trust Corp now owns 19,741,423 shares of the enterprise software provider’s stock worth $2,760,048,000 after acquiring an additional 120,889 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Oracle by 0.4% in the first 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 acquiring an additional 59,164 shares during the period. Amundi grew its position in Oracle by 3.3% in the first quarter. Amundi now owns 12,736,855 shares of the enterprise software provider’s stock worth $1,749,280,000 after acquiring an additional 409,691 shares during the period. Finally, Polen Capital Management LLC grew its position in Oracle by 17.6% in the first quarter. Polen Capital Management LLC now owns 12,609,101 shares of the enterprise software provider’s stock worth $1,762,878,000 after acquiring an additional 1,885,370 shares during the period. 42.44% of the stock is currently owned by hedge funds and other institutional investors.

Oracle Stock Up 1.5%

Shares of NYSE ORCL opened at $288.48 on Thursday. The stock has a market cap of $822.40 billion, a P/E ratio of 66.78, a PEG ratio of 3.06 and a beta of 1.53. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.33. Oracle Corporation has a 12-month low of $118.86 and a 12-month high of $345.72. The business’s fifty day simple moving average is $264.86 and its 200-day simple moving average is $207.92.

Oracle (NYSE:ORCL) last posted its quarterly 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 net margin of 21.08% and a return on equity of 72.93%. The business had revenue of $14.93 billion during the quarter, compared to analyst estimates of $15.04 billion. During the same quarter in the prior year, the business earned $1.39 earnings per share. The firm’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. As a group, equities analysts predict that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th will be paid a $0.50 dividend. The ex-dividend date is Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a yield of 0.7%. Oracle’s dividend payout ratio (DPR) is currently 46.30%.

Insiders Place Their Bets

In other Oracle news, insider Clayton M. Magouyrk sold 21,241 shares of the firm’s stock in a transaction on Friday, September 12th. The stock was sold at an average price of $297.11, for a total value of $6,310,913.51. Following the sale, the insider directly owned 78,000 shares in the company, valued at $23,174,580. This trade represents a 21.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Naomi O. Seligman sold 2,222 shares of the firm’s stock in a transaction on Friday, September 26th. The shares were sold at an average price of $288.91, for a total value of $641,958.02. Following the completion of the sale, the director owned 29,225 shares in the company, valued at approximately $8,443,394.75. This represents a 7.07% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 104,314 shares of company stock valued at $31,272,223 in the last three months. Corporate insiders own 40.90% of the company’s stock.

Analyst Ratings Changes

ORCL has been the subject of several research analyst reports. William Blair restated an “outperform” rating on shares of Oracle in a research report on Monday, September 22nd. Bank of America upgraded Oracle from a “neutral” rating to a “buy” rating and raised their price target for the stock from $295.00 to $368.00 in a research report on Wednesday, September 10th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $240.00 price target (up from $200.00) on shares of Oracle in a research report on Thursday, June 12th. Wolfe Research raised their price target on Oracle from $300.00 to $400.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 10th. Finally, JPMorgan Chase & Co. raised their price target on Oracle from $185.00 to $210.00 and gave the stock a “neutral” rating in a research report on Monday, September 8th. Two research analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price 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.