Mitchell Mcleod Pugh & Williams Inc. Buys 513 Shares of Oracle Corporation $ORCL

Mitchell Mcleod Pugh & Williams Inc. boosted its stake in shares of Oracle Corporation (NYSE:ORCL) by 4.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,054 shares of the enterprise software provider’s stock after purchasing an additional 513 shares during the quarter. Mitchell Mcleod Pugh & Williams Inc.’s holdings in Oracle were worth $2,417,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently added to or reduced their stakes in the company. AEGON ASSET MANAGEMENT UK Plc raised its stake in Oracle by 5.6% in the second quarter. AEGON ASSET MANAGEMENT UK Plc now owns 186,140 shares of the enterprise software provider’s stock valued at $40,679,000 after buying an additional 9,790 shares during the last quarter. Aries Wealth Management raised its stake in Oracle by 2.6% in the second quarter. Aries Wealth Management now owns 6,881 shares of the enterprise software provider’s stock valued at $1,504,000 after buying an additional 175 shares during the last quarter. Cypress Wealth Services LLC raised its stake in Oracle by 25.0% in the second quarter. Cypress Wealth Services LLC now owns 6,320 shares of the enterprise software provider’s stock valued at $1,382,000 after buying an additional 1,263 shares during the last quarter. Hamilton Point Investment Advisors LLC purchased a new stake in Oracle in the second quarter valued at about $225,000. Finally, Innova Wealth Partners purchased a new stake in Oracle in the second quarter valued at about $517,000. Institutional investors own 42.44% of the company’s stock.

Oracle Stock Down 2.8%

Oracle stock opened at $299.33 on Wednesday. The firm has a market cap of $853.32 billion, a price-to-earnings ratio of 69.29, a price-to-earnings-growth ratio of 3.31 and a beta of 1.53. Oracle Corporation has a 52 week low of $118.86 and a 52 week high of $345.72. The business’s 50-day moving average price is $268.67 and its 200 day moving average price is $212.52. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 3.33.

Oracle (NYSE:ORCL) last posted its earnings results 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 company 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 last year, the business earned $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, sell-side analysts anticipate that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Investors of record on Thursday, October 9th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Thursday, October 9th. Oracle’s dividend payout ratio (DPR) is 46.30%.

Insider Activity

In related news, Director William G. Parrett sold 11,500 shares of the firm’s stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $306.00, for a total transaction of $3,519,000.00. Following the sale, the director directly owned 17,764 shares of the company’s stock, valued at $5,435,784. This trade represents a 39.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Clayton M. Magouyrk sold 21,241 shares of the firm’s stock in a transaction dated 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 approximately $23,174,580. This trade represents a 21.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 120,769 shares of company stock valued at $36,428,967 over the last 90 days. Company insiders own 40.90% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have commented on ORCL shares. Sanford C. Bernstein increased their price target on Oracle from $363.00 to $364.00 and gave the company an “outperform” rating in a research note on Friday, September 26th. Piper Sandler increased their price target on Oracle from $270.00 to $330.00 and gave the company an “overweight” rating in a research note on Wednesday, September 10th. Wolfe Research increased their price target on Oracle from $300.00 to $400.00 and gave the company an “outperform” rating in a research note on Wednesday, September 10th. Morgan Stanley raised their price objective on Oracle from $246.00 to $320.00 and gave the stock an “equal weight” rating in a research note on Tuesday, September 23rd. Finally, Melius Research raised their price objective on Oracle from $270.00 to $370.00 and gave the stock a “buy” rating in a research note on Wednesday, September 10th. Three research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, Oracle presently has an average rating of “Moderate Buy” and a consensus price target of $307.00.

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.