Oracle Corporation $ORCL Shares Sold by Louisiana State Employees Retirement System

Louisiana State Employees Retirement System reduced its stake in Oracle Corporation (NYSE:ORCL) by 1.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 85,800 shares of the enterprise software provider’s stock after selling 1,400 shares during the period. Louisiana State Employees Retirement System’s holdings in Oracle were worth $18,758,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of ORCL. Brighton Jones LLC raised its stake in shares of Oracle by 189.3% in the fourth quarter. Brighton Jones LLC now owns 153,580 shares of the enterprise software provider’s stock valued at $25,593,000 after acquiring an additional 100,494 shares in the last quarter. Revolve Wealth Partners LLC raised its stake in Oracle by 8.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 5,418 shares of the enterprise software provider’s stock valued at $903,000 after buying an additional 404 shares in the last quarter. Wedge Capital Management L L P NC grew its holdings in shares of Oracle by 4.0% during the first quarter. Wedge Capital Management L L P NC now owns 2,871 shares of the enterprise software provider’s stock worth $401,000 after purchasing an additional 110 shares during the last quarter. NewSquare Capital LLC grew its holdings in shares of Oracle by 1,913.5% during the first quarter. NewSquare Capital LLC now owns 2,537 shares of the enterprise software provider’s stock worth $355,000 after purchasing an additional 2,411 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC grew its holdings in shares of Oracle by 9.3% during the first quarter. Wealthcare Advisory Partners LLC now owns 38,341 shares of the enterprise software provider’s stock worth $5,360,000 after purchasing an additional 3,269 shares during the last quarter. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Oracle

In other 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 sale, the director directly owned 17,764 shares of the company’s stock, valued at $5,435,784. The trade was a 39.30% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Naomi O. Seligman sold 2,222 shares of the business’s stock in a transaction on Friday, September 26th. The shares were sold at an average price of $288.91, for a total transaction of $641,958.02. Following the sale, the director directly owned 29,225 shares of the company’s stock, valued at $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 quarter. 40.90% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of research firms recently issued reports on ORCL. BMO Capital Markets set a $345.00 price target on Oracle in a report on Wednesday, September 10th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $240.00 price objective (up previously from $200.00) on shares of Oracle in a research report on Thursday, June 12th. KeyCorp raised their price objective on shares of Oracle from $200.00 to $225.00 and gave the company an “overweight” rating in a research report on Thursday, June 12th. BNP Paribas set a $377.00 price objective on shares of Oracle in a research report on Wednesday, September 10th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Oracle in a research report on Saturday, September 27th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $304.71.

Oracle Stock Down 2.4%

ORCL stock opened at $284.46 on Wednesday. The stock has a market capitalization of $810.94 billion, a P/E ratio of 65.85, a PEG ratio of 3.14 and a beta of 1.53. The company has a debt-to-equity ratio of 3.33, a quick ratio of 0.62 and a current ratio of 0.62. Oracle Corporation has a one year low of $118.86 and a one year high of $345.72. The company has a 50 day moving average price of $264.10 and a two-hundred day moving average price of $207.36.

Oracle (NYSE:ORCL) last released its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 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 analysts’ expectations of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.The firm’s revenue was up 12.2% on a year-over-year basis. During the same period in the previous year, the firm posted $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, sell-side analysts expect that Oracle Corporation will post 5 EPS for the current year.

Oracle Announces Dividend

The business also recently disclosed 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. The ex-dividend date of this dividend is Thursday, October 9th. This represents a $2.00 annualized dividend and a dividend yield of 0.7%. 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.