Logan Capital Management Inc. Decreases Stake in Oracle Corporation $ORCL

Logan Capital Management Inc. cut its stake in Oracle Corporation (NYSE:ORCL) by 3.8% in the second quarter, Holdings Channel reports. The firm owned 55,737 shares of the enterprise software provider’s stock after selling 2,204 shares during the period. Logan Capital Management Inc.’s holdings in Oracle were worth $12,186,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of ORCL. Brighton Jones LLC grew its stake in Oracle by 189.3% during the 4th quarter. Brighton Jones LLC now owns 153,580 shares of the enterprise software provider’s stock valued at $25,593,000 after purchasing an additional 100,494 shares during the last quarter. Revolve Wealth Partners LLC raised its stake in shares of Oracle by 8.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 5,418 shares of the enterprise software provider’s stock worth $903,000 after purchasing an additional 404 shares during the last quarter. Golden State Wealth Management LLC lifted its holdings in shares of Oracle by 8.0% during the first quarter. Golden State Wealth Management LLC now owns 2,592 shares of the enterprise software provider’s stock worth $362,000 after purchasing an additional 191 shares during the period. Naviter Wealth LLC boosted its position in Oracle by 3.0% in the first quarter. Naviter Wealth LLC now owns 11,086 shares of the enterprise software provider’s stock valued at $1,562,000 after buying an additional 323 shares during the last quarter. Finally, Amalgamated Bank increased its holdings in Oracle by 3.6% in the 1st quarter. Amalgamated Bank now owns 345,294 shares of the enterprise software provider’s stock worth $48,276,000 after buying an additional 12,016 shares during the period. Institutional investors and hedge funds own 42.44% of the company’s stock.

Insider Buying and Selling at Oracle

In related news, Director William G. Parrett sold 11,500 shares of the business’s stock in a transaction on Friday, September 12th. The shares were sold at an average price of $306.00, for a total value of $3,519,000.00. Following the completion of the sale, the director owned 17,764 shares of the company’s stock, valued at approximately $5,435,784. The trade was a 39.30% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Maria Smith sold 5,000 shares of the stock in a transaction on Thursday, October 23rd. The shares were sold at an average price of $280.62, for a total transaction of $1,403,100.00. Following the transaction, the executive vice president directly owned 47,083 shares in the company, valued at approximately $13,212,431.46. The trade was a 9.60% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 170,769 shares of company stock worth $50,297,667. 40.90% of the stock is currently owned by corporate insiders.

Oracle Stock Down 0.7%

ORCL opened at $281.25 on Tuesday. The company has a fifty day moving average of $275.24 and a two-hundred day moving average of $222.60. The stock has a market capitalization of $801.78 billion, a price-to-earnings ratio of 65.10, a PEG ratio of 3.04 and a beta of 1.53. Oracle Corporation has a fifty-two week low of $118.86 and a fifty-two week high of $345.72. The company has a debt-to-equity ratio of 3.33, a quick ratio of 0.62 and a current ratio of 0.62.

Oracle (NYSE:ORCL) last posted its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 EPS 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 for the quarter, compared to analyst estimates of $15.04 billion. During the same quarter last year, the business earned $1.39 earnings per share. Oracle’s revenue was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, research analysts expect that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th were given a $0.50 dividend. The ex-dividend date was Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.7%. Oracle’s payout ratio is 46.30%.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. Redburn Partners set a $175.00 price objective on shares of Oracle in a research note on Thursday, September 25th. Bank of America raised shares of Oracle from a “neutral” rating to a “buy” rating and raised their target price for the stock from $295.00 to $368.00 in a report on Wednesday, September 10th. Stephens boosted their target price on shares of Oracle from $208.00 to $331.00 and gave the company an “equal weight” rating in a research report on Friday, October 17th. UBS Group increased their price target on Oracle from $360.00 to $380.00 and gave the stock a “buy” rating in a research report on Friday, October 17th. Finally, Robert W. Baird began coverage on Oracle in a research note on Wednesday, October 8th. They set an “outperform” rating and a $365.00 price objective for the company. Three investment analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $323.69.

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.