Oracle Corporation $ORCL Shares Bought by LGT Fund Management Co Ltd.

LGT Fund Management Co Ltd. raised its position in shares of Oracle Corporation (NYSE:ORCL) by 245.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,452 shares of the enterprise software provider’s stock after buying an additional 10,978 shares during the period. LGT Fund Management Co Ltd.’s holdings in Oracle were worth $3,378,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Quent Capital LLC boosted its position in shares of Oracle by 1.4% during the second quarter. Quent Capital LLC now owns 13,892 shares of the enterprise software provider’s stock worth $3,037,000 after buying an additional 198 shares during the period. NTV Asset Management LLC boosted its position in shares of Oracle by 1.1% during the second quarter. NTV Asset Management LLC now owns 6,357 shares of the enterprise software provider’s stock worth $1,390,000 after buying an additional 72 shares during the period. 111 Capital purchased a new position in shares of Oracle during the second quarter worth $1,171,000. Hennessy Advisors Inc. purchased a new position in shares of Oracle during the second quarter worth $161,000. Finally, Tilia Fiduciary Partners Inc. boosted its position in shares of Oracle by 7.5% during the second quarter. Tilia Fiduciary Partners Inc. now owns 13,501 shares of the enterprise software provider’s stock worth $2,952,000 after buying an additional 939 shares during the period. 42.44% of the stock is currently owned by hedge funds and other institutional investors.

Oracle Stock Down 0.9%

Oracle stock opened at $286.23 on Friday. Oracle Corporation has a 1-year low of $118.86 and a 1-year high of $345.72. 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 stock has a market cap of $815.99 billion, a PE ratio of 66.26, a P/E/G ratio of 3.11 and a beta of 1.53. The stock’s fifty day moving average is $262.53 and its two-hundred day moving average is $205.11.

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

Oracle Dividend Announcement

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

Insider Buying and Selling

In other Oracle news, insider Clayton M. Magouyrk sold 21,241 shares of the firm’s stock in a transaction on Friday, September 12th. The stock was sold at an average price of $297.11, for a total value of $6,310,913.51. Following the sale, the insider directly owned 78,000 shares in the company, valued at $23,174,580. This trade represents a 21.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Naomi O. Seligman sold 2,222 shares of the firm’s stock in a transaction on Friday, September 26th. The shares were sold at an average price of $288.91, for a total value of $641,958.02. Following the completion of the sale, the director owned 29,225 shares in the company, valued at approximately $8,443,394.75. This represents a 7.07% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 104,314 shares of company stock valued at $31,272,223 over the last 90 days. 42.20% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on ORCL shares. BMO Capital Markets set a $345.00 price target on Oracle in a research report on Wednesday, September 10th. Cantor Fitzgerald increased their price objective on Oracle from $271.00 to $400.00 and gave the company an “overweight” rating in a research note on Wednesday, September 10th. UBS Group set a $364.00 price objective on Oracle in a research note on Friday, September 26th. Royal Bank Of Canada increased their price objective on Oracle from $145.00 to $195.00 and gave the company a “sector perform” rating in a research note on Thursday, June 12th. Finally, Rothschild Redb upgraded Oracle to a “strong sell” rating in a research note on Thursday, September 25th. Two research analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $304.71.

Oracle 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.