Grandview Asset Management LLC Makes New Investment in Oracle Corporation $ORCL

Grandview Asset Management LLC acquired a new position in Oracle Corporation (NYSE:ORCL) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 1,097 shares of the enterprise software provider’s stock, valued at approximately $240,000.

Several other hedge funds have also bought and sold shares of the stock. Harel Insurance Investments & Financial Services Ltd. increased its holdings in shares of Oracle by 71.6% in the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 257,378 shares of the enterprise software provider’s stock valued at $35,984,000 after purchasing an additional 107,404 shares during the period. Lockheed Martin Investment Management Co. boosted its position in shares of Oracle by 4.3% in the 1st quarter. Lockheed Martin Investment Management Co. now owns 51,350 shares of the enterprise software provider’s stock worth $7,179,000 after purchasing an additional 2,110 shares during the last quarter. Canoe Financial LP increased its position in shares of Oracle by 314.8% in the second quarter. Canoe Financial LP now owns 484,098 shares of the enterprise software provider’s stock valued at $105,838,000 after acquiring an additional 367,400 shares during the last quarter. Strs Ohio bought a new stake in Oracle during the first quarter worth $108,572,000. Finally, CBM Financial LLC acquired a new stake in Oracle in the first quarter valued at $356,000. Hedge funds and other institutional investors own 42.44% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on ORCL. Roth Capital restated a “hold” rating on shares of Oracle in a research note on Wednesday, June 18th. Melius Research raised their price objective on shares of Oracle from $270.00 to $370.00 and gave the company a “buy” rating in a research report on Wednesday, September 10th. Citigroup reaffirmed an “outperform” rating on shares of Oracle in a research note on Wednesday, September 10th. Piper Sandler boosted their price target on shares of Oracle from $270.00 to $330.00 and gave the company an “overweight” rating in a report on Wednesday, September 10th. Finally, The Goldman Sachs Group increased their price objective on shares of Oracle from $195.00 to $310.00 and gave the stock a “neutral” rating in a research note on Monday, September 15th. Two analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $304.71.

Insiders Place Their Bets

In related news, Director William G. Parrett sold 11,500 shares of the business’s stock in a transaction on Friday, September 12th. The shares were sold at an average price of $306.00, for a total transaction of $3,519,000.00. Following the completion of the transaction, the director directly owned 17,764 shares in the company, valued at $5,435,784. The trade was a 39.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Naomi O. Seligman sold 3,303 shares of the company’s stock in a transaction dated Wednesday, July 16th. The shares were sold at an average price of $233.32, for a total transaction of $770,655.96. Following the sale, the director directly owned 31,447 shares of the company’s stock, valued at approximately $7,337,214.04. This represents a 9.51% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 112,092 shares of company stock valued at $32,960,165. 42.20% of the stock is currently owned by company insiders.

Oracle Price Performance

Shares of ORCL opened at $283.29 on Friday. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.33. Oracle Corporation has a 1 year low of $118.86 and a 1 year high of $345.72. The stock’s 50-day moving average price is $258.19 and its two-hundred day moving average price is $200.78. The stock has a market cap of $805.03 billion, a P/E ratio of 65.58, a price-to-earnings-growth ratio of 3.05 and a beta of 1.46.

Oracle (NYSE:ORCL) last posted 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 business had revenue of $14.93 billion for the quarter, compared to the consensus estimate of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.Oracle’s quarterly revenue was up 12.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, equities analysts predict that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Dividend Announcement

The business 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 dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, October 9th. Oracle’s payout ratio is currently 46.30%.

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.