Janney Montgomery Scott LLC Purchases 35,149 Shares of Oracle Corporation $ORCL

Janney Montgomery Scott LLC raised its position in shares of Oracle Corporation (NYSE:ORCL) by 9.8% in the second quarter, Holdings Channel reports. The firm owned 394,451 shares of the enterprise software provider’s stock after acquiring an additional 35,149 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Oracle were worth $86,239,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Redmont Wealth Advisors LLC bought a new stake in shares of Oracle in the first quarter worth approximately $27,000. Inlight Wealth Management LLC bought a new stake in shares of Oracle in the first quarter worth approximately $28,000. Iron Horse Wealth Management LLC grew 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 acquiring an additional 151 shares during the period. Legend Financial Advisors Inc. bought a new stake in shares of Oracle in the second quarter worth approximately $34,000. Finally, Graybill Wealth Management LTD. bought a new stake in shares of Oracle in the first quarter worth approximately $39,000. 42.44% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Oracle

In other Oracle news, insider Clayton M. Magouyrk sold 21,241 shares of Oracle stock in a transaction that occurred 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 transaction, the insider owned 78,000 shares of the company’s stock, valued at $23,174,580. The trade was a 21.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Michael D. Sicilia sold 33,845 shares of Oracle stock in a transaction that occurred on Tuesday, September 23rd. The shares were sold at an average price of $321.16, for a total transaction of $10,869,660.20. Following the transaction, the insider directly owned 132,656 shares in the company, valued at $42,603,800.96. This represents a 20.33% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 112,092 shares of company stock valued at $32,960,165. 42.20% of the stock is currently owned by company insiders.

Oracle Stock Performance

Shares of NYSE ORCL opened at $282.68 on Tuesday. 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 12-month low of $118.86 and a 12-month high of $345.72. The firm has a market capitalization of $803.29 billion, a price-to-earnings ratio of 65.44, a price-to-earnings-growth ratio of 3.05 and a beta of 1.46. The firm has a 50 day moving average of $258.97 and a 200 day moving average of $202.09.

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

Oracle Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th will be issued a dividend of $0.50 per share. The ex-dividend date of this dividend is Thursday, October 9th. This represents a $2.00 annualized dividend and a yield of 0.7%. Oracle’s payout ratio is currently 46.30%.

Wall Street Analyst Weigh In

ORCL has been the subject of a number of research analyst reports. DA Davidson lifted their price target on shares of Oracle from $220.00 to $300.00 and gave the stock a “neutral” rating in a research note on Wednesday, September 10th. Guggenheim lifted their price target on shares of Oracle from $250.00 to $375.00 and gave the stock a “buy” rating in a research note on Wednesday, September 10th. Loop Capital set a $135.00 price target on shares of Oracle in a research note on Tuesday, June 10th. The Goldman Sachs Group boosted their target price on shares of Oracle from $195.00 to $310.00 and gave the company a “neutral” rating in a research report on Monday, September 15th. Finally, Melius Research boosted their target price 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. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $304.71.

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.