WestEnd Advisors LLC Grows Stake in Oracle Corporation $ORCL

WestEnd Advisors LLC boosted its position in Oracle Corporation (NYSE:ORCL) by 478,790.2% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 244,234 shares of the enterprise software provider’s stock after purchasing an additional 244,183 shares during the period. Oracle comprises 1.3% of WestEnd Advisors LLC’s investment portfolio, making the stock its 17th biggest position. WestEnd Advisors LLC’s holdings in Oracle were worth $53,397,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Reyes Financial Architecture Inc. increased its position in Oracle by 7.2% during the second quarter. Reyes Financial Architecture Inc. now owns 643 shares of the enterprise software provider’s stock worth $141,000 after buying an additional 43 shares in the last quarter. Creative Capital Management Investments LLC increased its position in Oracle by 5.7% during the second quarter. Creative Capital Management Investments LLC now owns 798 shares of the enterprise software provider’s stock worth $174,000 after buying an additional 43 shares in the last quarter. Davis Investment Partners LLC increased its position in Oracle by 0.7% during the second quarter. Davis Investment Partners LLC now owns 6,930 shares of the enterprise software provider’s stock worth $1,517,000 after buying an additional 46 shares in the last quarter. Acropolis Investment Management LLC boosted its holdings in shares of Oracle by 2.6% during the second quarter. Acropolis Investment Management LLC now owns 1,850 shares of the enterprise software provider’s stock worth $404,000 after purchasing an additional 47 shares during the last quarter. Finally, Sunpointe LLC boosted its holdings in shares of Oracle by 0.9% during the second quarter. Sunpointe LLC now owns 5,563 shares of the enterprise software provider’s stock worth $1,216,000 after purchasing an additional 48 shares during the last quarter. 42.44% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Director Naomi O. Seligman sold 2,222 shares of Oracle stock in a transaction dated Friday, September 26th. The stock was 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 approximately $8,443,394.75. The trade was a 7.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Michael D. Sicilia sold 33,845 shares of Oracle stock in a transaction dated Tuesday, September 23rd. The stock was sold at an average price of $321.16, for a total value of $10,869,660.20. Following the sale, the insider directly owned 132,656 shares in the company, valued at approximately $42,603,800.96. The trade was a 20.33% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 104,314 shares of company stock valued at $31,272,223 in the last three months. 40.90% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research firms have recently issued reports on ORCL. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $240.00 price objective (up previously from $200.00) on shares of Oracle in a report on Thursday, June 12th. DA Davidson raised their price objective on Oracle from $220.00 to $300.00 and gave the stock a “neutral” rating in a report on Wednesday, September 10th. Loop Capital set a $135.00 price objective on Oracle in a report on Tuesday, June 10th. BMO Capital Markets set a $345.00 price objective on Oracle in a report on Wednesday, September 10th. Finally, Cowen restated a “buy” rating and set a $375.00 price objective on shares of Oracle in a report on Wednesday, September 10th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, Oracle presently has a consensus rating of “Moderate Buy” and a consensus price target of $304.71.

Oracle Trading Down 2.4%

Shares of ORCL opened at $284.46 on Wednesday. The stock’s 50-day moving average is $264.10 and its two-hundred day moving average is $207.36. The stock has a market cap of $810.94 billion, a PE ratio of 65.85, a P/E/G ratio of 3.14 and a beta of 1.53. Oracle Corporation has a 12 month low of $118.86 and a 12 month 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.

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

Oracle Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, October 9th. Oracle’s payout ratio is presently 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.