Oracle Corporation $ORCL Shares Acquired by Biltmore Family Office LLC

Biltmore Family Office LLC grew its position in Oracle Corporation (NYSE:ORCL) by 3.6% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 15,661 shares of the enterprise software provider’s stock after acquiring an additional 538 shares during the quarter. Biltmore Family Office LLC’s holdings in Oracle were worth $3,424,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of ORCL. Nuveen LLC acquired a new position in Oracle during the 1st quarter worth approximately $732,692,000. Vanguard Group Inc. lifted its position in Oracle by 2.2% during the 1st 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 in the last quarter. Kingstone Capital Partners Texas LLC acquired a new position in Oracle during the 2nd quarter worth approximately $731,512,000. Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in Oracle by 79.2% during the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 4,638,951 shares of the enterprise software provider’s stock worth $648,572,000 after acquiring an additional 2,049,687 shares in the last quarter. Finally, Assenagon Asset Management S.A. lifted its position in Oracle by 840.7% during the 2nd quarter. Assenagon Asset Management S.A. now owns 2,119,473 shares of the enterprise software provider’s stock worth $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.

Insiders Place Their Bets

In related news, insider Michael D. Sicilia sold 33,845 shares of the business’s stock in a transaction that occurred 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 completion of the transaction, the insider owned 132,656 shares in the company, valued at $42,603,800.96. The trade was a 20.33% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Maria Smith sold 5,000 shares of the business’s stock in a transaction that occurred on Thursday, October 23rd. The shares were sold at an average price of $280.62, for a total value of $1,403,100.00. Following the transaction, the executive vice president owned 47,083 shares of the company’s stock, valued at $13,212,431.46. This represents a 9.60% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 170,769 shares of company stock worth $50,297,667. Corporate insiders own 40.90% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently commented on ORCL. Stifel Nicolaus boosted their price target on Oracle from $250.00 to $350.00 and gave the stock a “buy” rating in a research report on Wednesday, September 10th. Cowen restated a “buy” rating on shares of Oracle in a report on Friday, October 17th. Royal Bank Of Canada restated a “sector perform” rating and set a $310.00 price objective on shares of Oracle in a report on Friday, October 17th. BNP Paribas set a $377.00 price objective on Oracle in a report on Wednesday, September 10th. Finally, Cantor Fitzgerald lifted their price objective on Oracle from $271.00 to $400.00 and gave the stock an “overweight” rating in a report on Wednesday, September 10th. Three analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $323.69.

Oracle Price Performance

Shares of NYSE ORCL opened at $280.85 on Wednesday. Oracle Corporation has a twelve month low of $118.86 and a twelve month high of $345.72. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.33. The company has a market capitalization of $800.65 billion, a price-to-earnings ratio of 65.01, a price-to-earnings-growth ratio of 3.02 and a beta of 1.53. The business has a 50 day simple moving average of $276.17 and a 200-day simple moving average of $223.63.

Oracle (NYSE:ORCL) last issued 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 firm had revenue of $14.93 billion during the quarter, compared to the consensus estimate of $15.04 billion. During the same quarter last year, the firm posted $1.39 earnings per share. Oracle’s revenue was up 12.2% compared to the same quarter last year. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, equities research analysts expect that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Dividend Announcement

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

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.