Greenleaf Trust lessened its stake in Oracle Corporation (NYSE:ORCL – Free Report) by 15.5% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 62,859 shares of the enterprise software provider’s stock after selling 11,545 shares during the quarter. Greenleaf Trust’s holdings in Oracle were worth $13,743,000 at the end of the most recent reporting period.
Other large investors have also recently bought and sold shares of the company. Harel Insurance Investments & Financial Services Ltd. increased its stake in 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 acquiring an additional 107,404 shares during the last quarter. Lockheed Martin Investment Management Co. grew its holdings in shares of Oracle by 4.3% during the 1st quarter. Lockheed Martin Investment Management Co. now owns 51,350 shares of the enterprise software provider’s stock valued at $7,179,000 after purchasing an additional 2,110 shares during the last quarter. Elser Financial Planning Inc acquired a new position in Oracle during the 2nd quarter worth approximately $1,066,000. Canoe Financial LP lifted its stake in Oracle by 314.8% in the 2nd quarter. Canoe Financial LP now owns 484,098 shares of the enterprise software provider’s stock valued at $105,838,000 after purchasing an additional 367,400 shares during the last quarter. Finally, Strs Ohio bought a new position in Oracle in the 1st quarter valued at approximately $108,572,000. 42.44% of the stock is currently owned by institutional investors and hedge funds.
Insiders Place Their Bets
In other Oracle news, Director Naomi O. Seligman sold 3,303 shares of the stock in a transaction that occurred on Wednesday, July 16th. The stock was sold at an average price of $233.32, for a total transaction of $770,655.96. Following the transaction, the director directly owned 31,447 shares in the company, valued at approximately $7,337,214.04. This represents a 9.51% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Clayton M. Magouyrk sold 21,241 shares of Oracle stock in a transaction on Friday, September 12th. The shares were sold at an average price of $297.11, for a total transaction of $6,310,913.51. Following the completion of the sale, the insider owned 78,000 shares of the company’s stock, valued at $23,174,580. This represents a 21.40% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 112,092 shares of company stock valued at $32,960,165 in the last 90 days. Company insiders own 42.20% of the company’s stock.
Wall Street Analyst Weigh In
View Our Latest Stock Report on ORCL
Oracle Trading Down 0.3%
NYSE:ORCL opened at $282.68 on Tuesday. Oracle Corporation has a 52 week low of $118.86 and a 52 week high of $345.72. The company has a debt-to-equity ratio of 3.33, a quick ratio of 0.62 and a current ratio of 0.62. The firm’s fifty day moving average is $258.97 and its 200-day moving average is $202.09. The firm has a market cap of $803.29 billion, a P/E ratio of 65.44, a P/E/G ratio of 3.05 and a beta of 1.46.
Oracle (NYSE:ORCL – Get Free Report) last released 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 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 quarterly revenue was up 12.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Equities analysts expect that Oracle Corporation will post 5 earnings per share for the current year.
Oracle Dividend Announcement
The firm also recently announced 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 dividend yield of 0.7%. Oracle’s dividend payout ratio is presently 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.
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