Oracle Corporation $ORCL Position Reduced by Peddock Capital Advisors LLC

Peddock Capital Advisors LLC reduced its holdings in Oracle Corporation (NYSE:ORCL) by 3.8% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 2,344 shares of the enterprise software provider’s stock after selling 92 shares during the quarter. Peddock Capital Advisors LLC’s holdings in Oracle were worth $512,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Redmont Wealth Advisors LLC bought a new stake in Oracle in the 1st quarter valued at about $27,000. Inlight Wealth Management LLC acquired a new position in shares of Oracle in the first quarter worth about $28,000. Iron Horse Wealth Management LLC boosted its holdings in shares of Oracle by 284.9% in the first quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider’s stock worth $29,000 after buying an additional 151 shares during the period. Family Legacy Financial Solutions LLC acquired a new position in shares of Oracle in the second quarter worth about $60,000. Finally, Graybill Wealth Management LTD. acquired a new position in Oracle in the 1st quarter valued at approximately $39,000. 42.44% of the stock is currently owned by institutional investors.

Insider Activity

In other news, Director Rona Alison Fairhead acquired 480 shares of the company’s stock in a transaction on Monday, July 7th. The stock was purchased at an average cost of $233.87 per share, with a total value of $112,257.60. Following the acquisition, the director owned 22,110 shares of the company’s stock, valued at $5,170,865.70. This trade represents a 2.22% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Michael D. Sicilia sold 33,845 shares of the company’s stock in a transaction dated Tuesday, September 23rd. The shares were sold at an average price of $321.16, for a total value of $10,869,660.20. Following the completion of the sale, the insider directly owned 132,656 shares of the company’s stock, valued at approximately $42,603,800.96. This trade represents a 20.33% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 112,092 shares of company stock worth $32,960,165. Corporate insiders own 42.20% of the company’s stock.

Oracle Trading Down 4.0%

Shares of Oracle stock opened at $314.90 on Wednesday. The firm has a market capitalization of $894.84 billion, a PE ratio of 72.89, a price-to-earnings-growth ratio of 3.55 and a beta of 1.46. The company has a debt-to-equity ratio of 3.33, a current ratio of 0.62 and a quick ratio of 0.62. The company’s fifty day moving average price is $255.23 and its two-hundred day moving average price is $197.74. Oracle Corporation has a 52-week low of $118.86 and a 52-week high of $345.72.

Oracle (NYSE:ORCL) last announced its quarterly earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.48 by ($0.01). The business had revenue of $14.93 billion during the quarter, compared to the consensus estimate of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. The company’s quarterly revenue was up 12.2% compared to the same quarter last year. During the same period last year, the firm earned $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, analysts expect that Oracle Corporation will post 5 EPS for the current year.

Oracle Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 23rd. Investors of record on Thursday, October 9th will be given a dividend of $0.50 per share. The ex-dividend date is Thursday, October 9th. This represents a $2.00 annualized dividend and a yield of 0.6%. Oracle’s dividend payout ratio is 46.30%.

Wall Street Analyst Weigh In

Several research analysts have weighed in on ORCL shares. Bank of America upgraded shares of Oracle from a “neutral” rating to a “buy” rating and upped their price objective for the company from $295.00 to $368.00 in a research note on Wednesday, September 10th. Evercore ISI lifted their price target on shares of Oracle from $270.00 to $340.00 and gave the company an “outperform” rating in a research report on Wednesday, September 10th. BMO Capital Markets set a $345.00 price target on shares of Oracle in a research report on Wednesday, September 10th. Barclays lifted their price target on shares of Oracle from $221.00 to $281.00 and gave the company an “overweight” rating in a research report on Monday, September 8th. Finally, Wolfe Research lifted their price target on shares of Oracle from $300.00 to $400.00 and gave the company an “outperform” rating in a research report on Wednesday, September 10th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and nine have given a Hold 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 $305.75.

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.