Xcel Wealth Management LLC Invests $317,000 in Oracle Corporation $ORCL

Xcel Wealth Management LLC purchased a new stake in shares of Oracle Corporation (NYSE:ORCL) in the second quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 1,450 shares of the enterprise software provider’s stock, valued at approximately $317,000.

Several other hedge funds have also bought and sold shares of ORCL. Reyes Financial Architecture Inc. boosted its position in shares of Oracle by 7.2% in the 2nd quarter. Reyes Financial Architecture Inc. now owns 643 shares of the enterprise software provider’s stock worth $141,000 after purchasing an additional 43 shares in the last quarter. Davis Investment Partners LLC increased its position in Oracle by 0.7% during the 2nd quarter. Davis Investment Partners LLC now owns 6,930 shares of the enterprise software provider’s stock valued at $1,517,000 after buying an additional 46 shares in the last quarter. Acropolis Investment Management LLC raised its stake in Oracle by 2.6% during the second quarter. Acropolis Investment Management LLC now owns 1,850 shares of the enterprise software provider’s stock valued at $404,000 after buying an additional 47 shares during the last quarter. Sunpointe LLC boosted its holdings in Oracle by 0.9% in the second quarter. Sunpointe LLC now owns 5,563 shares of the enterprise software provider’s stock worth $1,216,000 after acquiring an additional 48 shares in the last quarter. Finally, American Financial Advisors LLC grew its stake in shares of Oracle by 2.3% in the second quarter. American Financial Advisors LLC now owns 2,234 shares of the enterprise software provider’s stock worth $488,000 after acquiring an additional 50 shares during the last quarter. Institutional investors own 42.44% of the company’s stock.

Insider Buying and Selling

In other news, insider Michael D. Sicilia sold 33,845 shares of the stock in a transaction that occurred on 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 transaction, the insider owned 132,656 shares in the company, valued at $42,603,800.96. This represents a 20.33% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Maria Smith sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, July 3rd. The stock was sold at an average price of $232.99, for a total transaction of $2,329,900.00. Following the completion of the transaction, the executive vice president directly owned 40,807 shares in the company, valued at approximately $9,507,622.93. The trade was a 19.68% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 112,092 shares of company stock valued at $32,960,165 in the last 90 days. Insiders own 42.20% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on ORCL. Jefferies Financial Group lifted their price target on Oracle from $270.00 to $360.00 and gave the stock a “buy” rating in a research report on Wednesday, September 10th. JPMorgan Chase & Co. raised their price objective on shares of Oracle from $185.00 to $210.00 and gave the company a “neutral” rating in a research note on Monday, September 8th. Cowen reiterated a “buy” rating and issued a $375.00 target price on shares of Oracle in a research note on Wednesday, September 10th. Stifel Nicolaus increased their price target on shares of Oracle from $250.00 to $350.00 and gave the company a “buy” rating in a report on Wednesday, September 10th. Finally, Westpark Capital raised their price target on shares of Oracle from $195.00 to $246.00 and gave the company a “buy” rating in a research 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 given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $305.75.

Oracle Stock Down 1.6%

ORCL opened at $308.86 on Thursday. The stock has a market capitalization of $877.69 billion, a price-to-earnings ratio of 71.50, a PEG ratio of 3.39 and a beta of 1.46. The firm has a 50 day moving average price of $256.58 and a 200-day moving average price of $198.50. Oracle Corporation has a twelve month low of $118.86 and a twelve month high of $345.72. 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 (NYSE:ORCL) last issued its 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 company had revenue of $14.93 billion during the quarter, compared to analysts’ expectations of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.The company’s revenue for the quarter was up 12.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Equities research analysts forecast that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th will be issued 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 yield of 0.6%. Oracle’s dividend payout ratio is currently 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.