Plancorp LLC Grows Stock Position in Oracle Corporation $ORCL

Plancorp LLC lifted its position in Oracle Corporation (NYSE:ORCLFree Report) by 9.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 11,663 shares of the enterprise software provider’s stock after purchasing an additional 1,051 shares during the quarter. Plancorp LLC’s holdings in Oracle were worth $2,550,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of ORCL. Redmont Wealth Advisors LLC purchased a new position in shares of Oracle in the first quarter worth about $27,000. Inlight Wealth Management LLC purchased a new position in shares of Oracle in the first quarter worth about $28,000. Iron Horse Wealth Management LLC raised its stake 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 purchasing an additional 151 shares during the last quarter. Graybill Wealth Management LTD. purchased a new position in shares of Oracle in the first quarter worth about $39,000. Finally, Operose Advisors LLC raised its stake in shares of Oracle by 50.2% in the first quarter. Operose Advisors LLC now owns 314 shares of the enterprise software provider’s stock worth $44,000 after purchasing an additional 105 shares during the last quarter. 42.44% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Oracle

In related news, Director Rona Alison Fairhead acquired 480 shares of Oracle stock in a transaction that occurred on Monday, July 7th. The shares were purchased at an average price of $233.87 per share, for a total transaction of $112,257.60. Following the completion of the transaction, the director owned 22,110 shares in the company, valued at $5,170,865.70. This represents a 2.22% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director William G. Parrett sold 11,500 shares of Oracle stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $306.00, for a total value of $3,519,000.00. Following the transaction, the director owned 17,764 shares in the company, valued at approximately $5,435,784. The trade was a 39.30% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 112,092 shares of company stock valued at $32,960,165. Insiders own 42.20% of the company’s stock.

Analysts Set New Price Targets

ORCL has been the subject of several recent research reports. Berenberg Bank lifted their price target on Oracle from $202.00 to $306.00 and gave the company a “hold” rating in a research report on Monday, September 15th. Morgan Stanley lifted their price target on Oracle from $246.00 to $320.00 and gave the company an “equal weight” rating in a research report on Tuesday. Loop Capital set a $135.00 price target on Oracle in a research report on Tuesday, June 10th. Melius Research lifted their price target on Oracle from $270.00 to $370.00 and gave the company a “buy” rating in a research report on Wednesday, September 10th. Finally, Royal Bank Of Canada raised their price objective on Oracle from $145.00 to $195.00 and gave the company a “sector perform” rating in a report on Thursday, June 12th. Two analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat.com, Oracle currently has an average rating of “Moderate Buy” and an average price target of $305.75.

Read Our Latest Stock Report on ORCL

Oracle Stock Performance

Shares of NYSE:ORCL opened at $308.86 on Thursday. 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 business’s 50 day moving average price is $256.58 and its 200-day moving average price is $198.50. The firm has a market capitalization of $877.69 billion, a PE ratio of 71.50, a P/E/G ratio of 3.39 and a beta of 1.46. Oracle Corporation has a 1 year low of $118.86 and a 1 year high of $345.72.

Oracle (NYSE:ORCLGet Free Report) last issued its quarterly earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share (EPS) 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 return on equity of 72.93% and a net margin of 21.08%.The business’s revenue was up 12.2% on a year-over-year basis. During the same period in the prior year, the firm earned $1.39 earnings per share. 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 fiscal year.

Oracle Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.6%. Oracle’s payout ratio is currently 46.30%.

About Oracle

(Free Report)

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.

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Institutional Ownership by Quarter for Oracle (NYSE:ORCL)

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