Almanack Investment Partners LLC. Buys 70 Shares of Oracle Corporation $ORCL

Almanack Investment Partners LLC. grew its stake in shares of Oracle Corporation (NYSE:ORCL) by 3.9% during the second quarter, Holdings Channel.com reports. The institutional investor owned 1,855 shares of the enterprise software provider’s stock after acquiring an additional 70 shares during the quarter. Almanack Investment Partners LLC.’s holdings in Oracle were worth $406,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Harel Insurance Investments & Financial Services Ltd. boosted its holdings in Oracle by 71.6% during the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 257,378 shares of the enterprise software provider’s stock worth $35,984,000 after buying an additional 107,404 shares during the last quarter. Lockheed Martin Investment Management Co. raised its position in shares of Oracle by 4.3% during the first quarter. Lockheed Martin Investment Management Co. now owns 51,350 shares of the enterprise software provider’s stock worth $7,179,000 after purchasing an additional 2,110 shares during the period. Cascade Investment Group Inc. acquired a new stake in shares of Oracle during the second quarter worth about $239,000. Lockerman Financial Group Inc. acquired a new stake in shares of Oracle during the second quarter worth about $328,000. Finally, Elser Financial Planning Inc acquired a new stake in shares of Oracle during the second quarter worth about $1,066,000. Institutional investors own 42.44% of the company’s stock.

Oracle Stock Down 1.3%

Shares of Oracle stock opened at $293.04 on Monday. The business’s 50 day simple moving average is $266.69 and its 200 day simple moving average is $210.74. Oracle Corporation has a 52-week low of $118.86 and a 52-week high of $345.72. The firm has a market cap of $835.40 billion, a PE ratio of 67.83, a P/E/G ratio of 3.15 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 (NYSE:ORCL) last announced 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). The firm had revenue of $14.93 billion during the quarter, compared to analyst estimates of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. The firm’s quarterly revenue was up 12.2% compared to the same quarter last year. During the same period in the prior year, the business posted $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, analysts predict that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Announces Dividend

The business 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. This represents a $2.00 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Thursday, October 9th. Oracle’s dividend payout ratio (DPR) is currently 46.30%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the company. JPMorgan Chase & Co. raised their price target on Oracle from $185.00 to $210.00 and gave the stock a “neutral” rating in a research report on Monday, September 8th. Barclays raised their price target on Oracle from $221.00 to $281.00 and gave the stock an “overweight” rating in a research report on Monday, September 8th. Citigroup reaffirmed a “buy” rating on shares of Oracle in a research report on Friday. Wolfe Research raised their price target on Oracle from $300.00 to $400.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 10th. Finally, Baird R W raised Oracle to a “strong-buy” rating in a research report on Wednesday, October 8th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Oracle currently has a consensus rating of “Moderate Buy” and a consensus target price of $306.71.

Insider Buying and Selling

In other Oracle news, Director William G. Parrett sold 11,500 shares of the firm’s stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $306.00, for a total value of $3,519,000.00. Following the completion of the transaction, the director directly owned 17,764 shares in the company, valued at $5,435,784. This trade represents a 39.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Clayton M. Magouyrk sold 21,241 shares of the firm’s stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $297.11, for a total value of $6,310,913.51. Following the completion of the transaction, the insider owned 78,000 shares of the company’s stock, valued at approximately $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 have sold 104,314 shares of company stock valued at $31,272,223 in the last ninety days. 40.90% of the stock is owned by company insiders.

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.