Sagespring Wealth Partners LLC Has $3.88 Million Stock Position in Oracle Corporation $ORCL

Sagespring Wealth Partners LLC raised its holdings in Oracle Corporation (NYSE:ORCL) by 4.4% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 17,753 shares of the enterprise software provider’s stock after buying an additional 742 shares during the quarter. Sagespring Wealth Partners LLC’s holdings in Oracle were worth $3,881,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in ORCL. Nuveen LLC acquired a new position in Oracle in the first quarter valued at approximately $732,692,000. Vanguard Group Inc. lifted its stake 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 valued at $22,498,982,000 after buying an additional 3,513,464 shares during the period. Kingstone Capital Partners Texas LLC bought a new stake in shares of Oracle during the second quarter valued at approximately $731,512,000. Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in shares of Oracle by 79.2% during the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 4,638,951 shares of the enterprise software provider’s stock valued at $648,572,000 after acquiring an additional 2,049,687 shares in the last quarter. Finally, Assenagon Asset Management S.A. increased its holdings in shares of Oracle by 840.7% during the second quarter. Assenagon Asset Management S.A. now owns 2,119,473 shares of the enterprise software provider’s stock valued at $463,380,000 after acquiring an additional 1,894,157 shares in the last quarter. 42.44% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

ORCL has been the subject of several recent research reports. Bank of America upgraded Oracle from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $295.00 to $368.00 in a report on Wednesday, September 10th. Piper Sandler boosted their price objective on Oracle from $270.00 to $330.00 and gave the company an “overweight” rating in a report on Wednesday, September 10th. UBS Group set a $364.00 price objective on Oracle in a report on Friday, September 26th. Stifel Nicolaus boosted their price objective on Oracle from $250.00 to $350.00 and gave the company a “buy” rating in a report on Wednesday, September 10th. Finally, Cowen reiterated a “buy” rating and set a $375.00 price target on shares of Oracle in a report on Wednesday, September 10th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $307.00.

Oracle Stock Up 5.2%

ORCL stock opened at $308.14 on Tuesday. The stock’s fifty day simple moving average is $267.80 and its two-hundred day simple moving average is $211.91. 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 1-year low of $118.86 and a 1-year high of $345.72. The stock has a market cap of $878.43 billion, a P/E ratio of 71.33, a P/E/G ratio of 3.15 and a beta of 1.53.

Oracle (NYSE:ORCL) last posted its quarterly earnings data on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share 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 business had revenue of $14.93 billion during the quarter, compared to analysts’ expectations of $15.04 billion. During the same period in the prior year, the firm posted $1.39 EPS. The firm’s revenue for the quarter was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Analysts expect that Oracle Corporation will post 5 EPS for the current year.

Oracle Dividend Announcement

The company 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. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Thursday, October 9th. Oracle’s dividend payout ratio is currently 46.30%.

Insider Transactions at Oracle

In other news, insider Michael D. Sicilia sold 33,845 shares of the company’s stock in a transaction on Tuesday, September 23rd. The stock was sold at an average price of $321.16, for a total transaction of $10,869,660.20. Following the transaction, the insider owned 132,656 shares of the company’s stock, valued at $42,603,800.96. This represents a 20.33% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Naomi O. Seligman sold 3,303 shares of the company’s stock in a transaction on Wednesday, July 16th. The shares were sold at an average price of $233.32, for a total value of $770,655.96. Following the transaction, the director directly owned 31,447 shares in the company, valued at $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 over the last quarter. 40.90% of the stock is currently owned by corporate insiders.

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.