EQ Wealth Advisors LLC Trims Position in Oracle Corporation $ORCL

EQ Wealth Advisors LLC cut its position in Oracle Corporation (NYSE:ORCL) by 99.3% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 506 shares of the enterprise software provider’s stock after selling 75,933 shares during the period. EQ Wealth Advisors LLC’s holdings in Oracle were worth $111,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Dock Street Asset Management Inc. increased its stake in shares of Oracle by 1.4% in the second quarter. Dock Street Asset Management Inc. now owns 132,098 shares of the enterprise software provider’s stock worth $28,881,000 after purchasing an additional 1,808 shares in the last quarter. Ritholtz Wealth Management increased its stake in shares of Oracle by 3.9% in the second quarter. Ritholtz Wealth Management now owns 74,675 shares of the enterprise software provider’s stock worth $16,326,000 after purchasing an additional 2,794 shares in the last quarter. SFG Wealth Management LLC. purchased a new stake in shares of Oracle in the second quarter worth $225,000. Triton Wealth Management PLLC purchased a new stake in shares of Oracle in the second quarter worth $1,379,000. Finally, Sterling Financial Planning Inc. purchased a new stake in shares of Oracle in the second quarter worth $303,000. 42.44% of the stock is owned by hedge funds and other institutional investors.

Oracle Price Performance

ORCL stock opened at $299.33 on Wednesday. Oracle Corporation has a 52 week low of $118.86 and a 52 week high of $345.72. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 3.33. The company has a fifty day simple moving average of $268.67 and a two-hundred day simple moving average of $212.52. The firm has a market capitalization of $853.32 billion, a P/E ratio of 69.29, a price-to-earnings-growth ratio of 3.31 and a beta of 1.53.

Oracle (NYSE:ORCL) last released 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). The business had revenue of $14.93 billion for the quarter, compared to the consensus estimate of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. Oracle’s revenue for the quarter was up 12.2% compared to the same quarter last year. During the same quarter last year, the business earned $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Analysts anticipate that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th will be issued a $0.50 dividend. 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%.

Analyst Upgrades and Downgrades

ORCL has been the subject of several research analyst reports. Rothschild Redb raised shares of Oracle to a “strong sell” rating in a research note on Thursday, September 25th. Weiss Ratings raised shares of Oracle from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, October 8th. Barclays raised their target price on shares of Oracle from $221.00 to $281.00 and gave the company an “overweight” rating in a research note on Monday, September 8th. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Oracle in a research note on Wednesday, June 18th. Finally, DA Davidson raised their target price on shares of Oracle from $220.00 to $300.00 and gave the company a “neutral” rating in a research note on Wednesday, September 10th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Oracle currently has an average rating of “Moderate Buy” and a consensus target price of $307.00.

Insider Transactions at Oracle

In related news, insider Michael D. Sicilia sold 33,845 shares of Oracle stock in a transaction dated 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 sale, the insider owned 132,656 shares in the company, valued at $42,603,800.96. This trade represents a 20.33% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Naomi O. Seligman sold 2,222 shares of Oracle stock in a transaction dated Friday, September 26th. The shares were sold at an average price of $288.91, for a total transaction of $641,958.02. Following the sale, the director owned 29,225 shares of the company’s stock, valued at $8,443,394.75. The trade was a 7.07% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 120,769 shares of company stock worth $36,428,967. 40.90% of the stock is currently owned by insiders.

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.