931 Shares in Oracle Corporation $ORCL Bought by Joseph P. Lucia & Associates LLC

Joseph P. Lucia & Associates LLC acquired a new stake in Oracle Corporation (NYSE:ORCL) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 931 shares of the enterprise software provider’s stock, valued at approximately $204,000.

Several other hedge funds also recently made changes to their positions in ORCL. Harel Insurance Investments & Financial Services Ltd. lifted its stake in Oracle by 71.6% in the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 257,378 shares of the enterprise software provider’s stock valued at $35,984,000 after buying an additional 107,404 shares during the last quarter. Lockheed Martin Investment Management Co. increased its holdings in shares of Oracle by 4.3% in the 1st quarter. Lockheed Martin Investment Management Co. now owns 51,350 shares of the enterprise software provider’s stock valued at $7,179,000 after acquiring an additional 2,110 shares during the period. Private Wealth Asset Management LLC raised its position in Oracle by 9.2% in the 2nd quarter. Private Wealth Asset Management LLC now owns 3,817 shares of the enterprise software provider’s stock valued at $835,000 after purchasing an additional 321 shares during the last quarter. Cascade Investment Group Inc. acquired a new stake in Oracle during the 2nd quarter worth $239,000. Finally, Lockerman Financial Group Inc. purchased a new position in Oracle during the 2nd quarter worth $328,000. Hedge funds and other institutional investors own 42.44% of the company’s stock.

Oracle Stock Down 6.7%

Oracle stock opened at $291.95 on Monday. The stock’s 50 day moving average price is $271.71 and its 200 day moving average price is $216.40. Oracle Corporation has a 1-year low of $118.86 and a 1-year high of $345.72. The company has a market cap of $832.28 billion, a PE ratio of 67.58, a price-to-earnings-growth ratio of 3.14 and a beta of 1.53. 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 released its earnings results 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). 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 last year, the business posted $1.39 EPS. Oracle’s revenue was up 12.2% compared to the same quarter last year. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, sell-side analysts predict that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th will be issued 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 yield of 0.7%. Oracle’s dividend payout ratio (DPR) is 46.30%.

Insider Activity at Oracle

In other Oracle news, Director William G. Parrett sold 11,500 shares of the business’s stock in a transaction on Friday, September 12th. The stock was sold at an average price of $306.00, for a total transaction of $3,519,000.00. Following the sale, the director directly owned 17,764 shares in the company, valued at approximately $5,435,784. The trade was a 39.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Clayton M. Magouyrk sold 21,241 shares of the firm’s stock in a transaction 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 position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 120,769 shares of company stock worth $36,428,967. 40.90% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on ORCL. Morgan Stanley upped their target price on shares of Oracle from $246.00 to $320.00 and gave the company an “equal weight” rating in a report on Tuesday, September 23rd. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $310.00 price objective on shares of Oracle in a research note on Friday. Stephens lifted their target price on Oracle from $208.00 to $331.00 and gave the company an “equal weight” rating in a research note on Friday. Stifel Nicolaus upped their price target on Oracle from $250.00 to $350.00 and gave the stock a “buy” rating in a research note on Wednesday, September 10th. Finally, Evercore ISI lifted their price objective on shares of Oracle from $350.00 to $385.00 and gave the company an “outperform” rating in a research report on Friday. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, Oracle currently has an average rating of “Moderate Buy” and an average price target of $323.40.

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.