Maltin Wealth Management Inc. Takes Position in Oracle Corporation $ORCL

Maltin Wealth Management Inc. purchased a new stake in shares of Oracle Corporation (NYSE:ORCL) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 1,101 shares of the enterprise software provider’s stock, valued at approximately $241,000.

Several other hedge funds also recently added to or reduced their stakes in ORCL. Vanguard Group Inc. grew its holdings in shares of 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 purchasing an additional 3,513,464 shares during the period. Northern Trust Corp boosted its stake in Oracle by 0.6% during the first quarter. Northern Trust Corp now owns 19,741,423 shares of the enterprise software provider’s stock worth $2,760,048,000 after buying an additional 120,889 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Oracle by 0.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 13,884,524 shares of the enterprise software provider’s stock worth $1,941,195,000 after buying an additional 59,164 shares during the period. Amundi increased its position in shares of Oracle by 3.3% during the first quarter. Amundi now owns 12,736,855 shares of the enterprise software provider’s stock valued at $1,749,280,000 after acquiring an additional 409,691 shares during the last quarter. Finally, Polen Capital Management LLC raised its stake in shares of Oracle by 17.6% in the 1st quarter. Polen Capital Management LLC now owns 12,609,101 shares of the enterprise software provider’s stock valued at $1,762,878,000 after acquiring an additional 1,885,370 shares during the period. 42.44% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Director Jeffrey Berg sold 49,365 shares of the firm’s stock in a transaction dated Tuesday, October 28th. The stock was sold at an average price of $283.02, for a total transaction of $13,971,282.30. Following the sale, the director owned 151,999 shares of the company’s stock, valued at approximately $43,018,756.98. This trade represents a 24.52% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director William G. Parrett sold 11,500 shares of the company’s stock in a transaction that occurred 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 transaction, 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. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 204,254 shares of company stock worth $60,227,807. 40.90% of the stock is currently owned by company insiders.

Oracle Stock Down 2.5%

Shares of Oracle stock opened at $244.02 on Friday. 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 Corporation has a 52-week low of $118.86 and a 52-week high of $345.72. The company has a market capitalization of $695.65 billion, a P/E ratio of 56.49, a P/E/G ratio of 2.96 and a beta of 1.51. The company has a 50 day moving average of $279.05 and a 200 day moving average of $229.07.

Oracle (NYSE:ORCL) last announced its quarterly earnings data 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). The firm had revenue of $14.93 billion during the quarter, compared to analyst estimates 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 in the previous year, the business posted $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, research analysts forecast that Oracle Corporation will post 5 EPS for the current fiscal 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 dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Thursday, October 9th. Oracle’s dividend payout ratio is currently 46.30%.

Analyst Ratings Changes

Several research firms recently weighed in on ORCL. Sanford C. Bernstein lifted their target price on shares of Oracle from $363.00 to $364.00 and gave the company an “outperform” rating in a report on Friday, September 26th. Guggenheim lifted their price objective on Oracle from $375.00 to $400.00 and gave the company a “buy” rating in a research note on Friday, October 17th. Wolfe Research boosted their price objective on Oracle from $300.00 to $400.00 and gave the company an “outperform” rating in a report on Wednesday, September 10th. Cowen restated a “buy” rating on shares of Oracle in a report on Friday, October 17th. Finally, Stephens boosted their price target on shares of Oracle from $208.00 to $331.00 and gave the stock an “equal weight” rating in a research note on Friday, October 17th. Three research analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price 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.