Cascade Investment Advisors Inc. Has $3.01 Million Stake in Oracle Corporation $ORCL

Cascade Investment Advisors Inc. reduced its stake in Oracle Corporation (NYSE:ORCL) by 7.4% during the 2nd quarter, HoldingsChannel reports. The firm owned 13,788 shares of the enterprise software provider’s stock after selling 1,095 shares during the quarter. Oracle makes up approximately 1.9% of Cascade Investment Advisors Inc.’s holdings, making the stock its 8th biggest holding. Cascade Investment Advisors Inc.’s holdings in Oracle were worth $3,014,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Legend Financial Advisors Inc. bought a new stake in shares of Oracle in the 2nd quarter valued at approximately $34,000. HighMark Wealth Management LLC bought a new stake in shares of Oracle in the 2nd quarter valued at approximately $38,000. Redmont Wealth Advisors LLC bought a new position in shares of Oracle in the first quarter valued at approximately $27,000. Inlight Wealth Management LLC bought a new position in shares of Oracle in the first quarter valued at approximately $28,000. Finally, Iron Horse Wealth Management LLC raised its stake in shares of Oracle by 284.9% in the first quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider’s stock valued at $29,000 after acquiring an additional 151 shares during the last quarter. 42.44% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on ORCL shares. Melius Research lifted their target price on shares of Oracle from $270.00 to $370.00 and gave the company a “buy” rating in a research note on Wednesday, September 10th. Stifel Nicolaus lifted their target price on shares of Oracle from $250.00 to $350.00 and gave the company a “buy” rating in a research note on Wednesday, September 10th. Robert W. Baird assumed coverage on shares of Oracle in a research report on Wednesday. They issued an “outperform” rating and a $365.00 price objective for the company. TD Cowen upped their price objective on Oracle from $325.00 to $375.00 and gave the stock a “buy” rating in a report on Wednesday, September 10th. Finally, Cantor Fitzgerald upped their price objective on Oracle from $271.00 to $400.00 and gave the stock an “overweight” rating in a report on Wednesday, September 10th. Three equities research 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 MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $306.71.

Insider Buying and Selling

In other news, Director Naomi O. Seligman sold 3,303 shares of the stock in a transaction on Wednesday, July 16th. The stock was sold at an average price of $233.32, for a total value of $770,655.96. Following the transaction, the director owned 31,447 shares of the company’s stock, valued at $7,337,214.04. This represents a 9.51% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director William G. Parrett sold 11,500 shares of the stock in a transaction on Friday, September 12th. The shares were 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 approximately $5,435,784. This trade represents a 39.30% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 104,314 shares of company stock worth $31,272,223. Company insiders own 40.90% of the company’s stock.

Oracle Stock Performance

ORCL stock opened at $293.04 on Monday. The business’s fifty day moving average is $266.69 and its 200-day moving average is $210.74. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 3.33. The company has a market cap of $835.40 billion, a P/E ratio of 67.83, a price-to-earnings-growth ratio of 3.15 and a beta of 1.53. Oracle Corporation has a twelve month low of $118.86 and a twelve month high of $345.72.

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). The company 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 business’s revenue for the quarter was up 12.2% compared to the same quarter last year. During the same period last year, the company earned $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Equities research analysts forecast that Oracle Corporation will post 5 EPS for the current year.

Oracle Announces Dividend

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

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.