Great Lakes Retirement Inc. Grows Stock Holdings in Oracle Corporation $ORCL

Great Lakes Retirement Inc. increased its stake in shares of Oracle Corporation (NYSE:ORCL) by 3.6% in the 2nd quarter, Holdings Channel reports. The firm owned 29,979 shares of the enterprise software provider’s stock after buying an additional 1,040 shares during the period. Great Lakes Retirement Inc.’s holdings in Oracle were worth $6,554,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in ORCL. Iron Horse Wealth Management LLC grew its position in Oracle by 284.9% during the first quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider’s stock valued at $29,000 after buying an additional 151 shares during the period. LGT Financial Advisors LLC bought a new stake in Oracle during the second quarter valued at approximately $33,000. Legend Financial Advisors Inc. bought a new stake in Oracle during the second quarter valued at approximately $34,000. HighMark Wealth Management LLC bought a new stake in Oracle during the second quarter valued at approximately $38,000. Finally, Graybill Wealth Management LTD. bought a new stake in Oracle during the first quarter valued at approximately $39,000. 42.44% of the stock is owned by hedge funds and other institutional investors.

Oracle Stock Performance

ORCL opened at $262.60 on Friday. The firm has a market cap of $748.62 billion, a P/E ratio of 60.79, a PEG ratio of 2.96 and a beta of 1.53. Oracle Corporation has a 1-year low of $118.86 and a 1-year high of $345.72. The company has a 50 day simple moving average of $277.97 and a two-hundred day simple moving average of $225.74. The company has a debt-to-equity ratio of 3.33, a current ratio of 0.62 and a quick ratio of 0.62.

Oracle (NYSE:ORCL) last issued its 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 return on equity of 72.93% and a net margin of 21.08%.The company had revenue of $14.93 billion for the quarter, compared to the consensus estimate of $15.04 billion. During the same quarter in the prior year, the company posted $1.39 EPS. 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. Equities analysts forecast that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 23rd. Investors of record on Thursday, October 9th were given a dividend of $0.50 per share. The ex-dividend date was Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.8%. Oracle’s dividend payout ratio is currently 46.30%.

Insider Activity

In related news, EVP Stuart Levey sold 19,758 shares of the company’s stock in a transaction on Friday, October 10th. The shares were sold at an average price of $300.00, for a total transaction of $5,927,400.00. Following the completion of the transaction, the executive vice president owned 18,429 shares in the company, valued at approximately $5,528,700. This represents a 51.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Clayton M. Magouyrk sold 40,000 shares of the company’s stock in a transaction on Tuesday, October 21st. The stock was sold at an average price of $276.64, for a total transaction of $11,065,600.00. Following the transaction, the chief executive officer owned 154,030 shares of the company’s stock, valued at approximately $42,610,859.20. This represents a 20.62% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 220,134 shares of company stock valued at $64,268,949 in the last quarter. Company insiders own 40.90% of the company’s stock.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. Morgan Stanley boosted their target price on shares of Oracle from $246.00 to $320.00 and gave the company an “equal weight” rating in a research report on Tuesday, September 23rd. Royal Bank Of Canada restated a “sector perform” rating and set a $310.00 target price on shares of Oracle in a research report on Friday, October 17th. Cantor Fitzgerald boosted their target price on shares of Oracle from $271.00 to $400.00 and gave the company an “overweight” rating in a research report on Wednesday, September 10th. Barclays boosted their target price on shares of Oracle from $367.00 to $400.00 and gave the company an “overweight” rating in a research report on Friday, October 17th. Finally, Baird R W upgraded shares of Oracle to a “strong-buy” rating in a research report on Wednesday, October 8th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $323.69.

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.