First Fiduciary Investment Counsel Inc. Has $16.10 Million Holdings in Oracle Corporation $ORCL

First Fiduciary Investment Counsel Inc. raised its holdings in Oracle Corporation (NYSE:ORCL) by 1.7% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 73,657 shares of the enterprise software provider’s stock after purchasing an additional 1,196 shares during the quarter. Oracle makes up about 3.2% of First Fiduciary Investment Counsel Inc.’s investment portfolio, making the stock its 8th largest position. First Fiduciary Investment Counsel Inc.’s holdings in Oracle were worth $16,104,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. Nuveen LLC bought a new stake in shares of Oracle during the first quarter worth $732,692,000. Vanguard Group Inc. raised its position in shares of Oracle by 2.2% during the first quarter. Vanguard Group Inc. now owns 160,925,413 shares of the enterprise software provider’s stock worth $22,498,982,000 after acquiring an additional 3,513,464 shares during the last quarter. Kingstone Capital Partners Texas LLC bought a new stake in shares of Oracle during the second quarter worth $731,512,000. Mitsubishi UFJ Asset Management Co. Ltd. raised its position in shares of Oracle by 79.2% during the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 4,638,951 shares of the enterprise software provider’s stock worth $648,572,000 after acquiring an additional 2,049,687 shares during the last quarter. Finally, Assenagon Asset Management S.A. raised its position in shares of Oracle by 840.7% during the second quarter. Assenagon Asset Management S.A. now owns 2,119,473 shares of the enterprise software provider’s stock worth $463,380,000 after acquiring an additional 1,894,157 shares during the last quarter. Institutional investors own 42.44% of the company’s stock.

Oracle Stock Down 1.3%

NYSE:ORCL opened at $293.04 on Friday. Oracle Corporation has a 1 year low of $118.86 and a 1 year high of $345.72. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.33. The stock has a market cap of $835.40 billion, a price-to-earnings ratio of 67.83, a PEG ratio of 3.20 and a beta of 1.53. The stock has a 50-day moving average price of $266.69 and a two-hundred day moving average price of $209.86.

Oracle (NYSE:ORCL) last posted its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share (EPS) 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 period in the previous year, the firm posted $1.39 earnings per share. The firm’s revenue was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, equities analysts expect that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Announces Dividend

The firm also recently announced 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. This represents a $2.00 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Thursday, October 9th. Oracle’s payout ratio is presently 46.30%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on ORCL shares. DA Davidson boosted their target price on Oracle from $220.00 to $300.00 and gave the stock a “neutral” rating in a research report on Wednesday, September 10th. JPMorgan Chase & Co. upped their price objective on Oracle from $185.00 to $210.00 and gave the company a “neutral” rating in a report on Monday, September 8th. Rothschild Redb upgraded Oracle to a “strong sell” rating in a report on Thursday, September 25th. Bank of America upgraded Oracle from a “neutral” rating to a “buy” rating and upped their price objective for the company from $295.00 to $368.00 in a report on Wednesday, September 10th. Finally, Mizuho upped their price objective on Oracle from $300.00 to $350.00 and gave the company an “outperform” rating in a report on Wednesday, September 10th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, nine have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $306.71.

Insiders Place Their Bets

In other Oracle news, insider Michael D. Sicilia sold 33,845 shares of the business’s 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 completion of the transaction, the insider directly owned 132,656 shares of the company’s stock, valued at approximately $42,603,800.96. The trade was a 20.33% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Clayton M. Magouyrk sold 21,241 shares of the company’s stock in a transaction dated 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 transaction, the insider directly owned 78,000 shares of the company’s stock, valued at $23,174,580. This represents a 21.40% 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. Insiders own 40.90% of the company’s stock.

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.