Financial Symmetry Inc Buys Shares of 1,317 Oracle Corporation $ORCL

Financial Symmetry Inc purchased a new position in Oracle Corporation (NYSE:ORCL) during the 2nd quarter, Holdings Channel.com reports. The institutional investor purchased 1,317 shares of the enterprise software provider’s stock, valued at approximately $288,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in ORCL. Harel Insurance Investments & Financial Services Ltd. grew 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 valued at $35,984,000 after purchasing an additional 107,404 shares during the period. Lockheed Martin Investment Management Co. raised its holdings in Oracle by 4.3% in 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. Private Wealth Asset Management LLC boosted its position in shares of Oracle by 9.2% during the second quarter. Private Wealth Asset Management LLC now owns 3,817 shares of the enterprise software provider’s stock worth $835,000 after purchasing an additional 321 shares in the last quarter. Cascade Investment Group Inc. acquired a new position in shares of Oracle in the 2nd quarter valued at $239,000. Finally, Lockerman Financial Group Inc. bought a new stake in shares of Oracle in the 2nd quarter valued at $328,000. Institutional investors own 42.44% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. Sanford C. Bernstein lifted their target price on Oracle from $363.00 to $364.00 and gave the stock an “outperform” rating in a report on Friday, September 26th. Morgan Stanley raised their price target on Oracle from $246.00 to $320.00 and gave the stock an “equal weight” rating in a research report on Tuesday, September 23rd. TD Cowen boosted their price objective on Oracle from $325.00 to $375.00 and gave the company a “buy” rating in a research report on Wednesday, September 10th. Bank of America upgraded shares of Oracle from a “neutral” rating to a “buy” rating and raised their target price for the stock from $295.00 to $368.00 in a report on Wednesday, September 10th. Finally, The Goldman Sachs Group upped their price target on shares of Oracle from $195.00 to $310.00 and gave the company a “neutral” rating in a report on Monday, September 15th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $323.40.

Insider Buying and Selling at Oracle

In related news, EVP Stuart Levey sold 19,758 shares of the stock in a transaction that occurred on Friday, October 10th. The stock was sold at an average price of $300.00, for a total transaction of $5,927,400.00. Following the completion of the transaction, the executive vice president directly owned 18,429 shares of the company’s stock, valued at approximately $5,528,700. This represents a 51.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director William G. Parrett sold 11,500 shares of the business’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 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 position. The disclosure for this sale can be found here. Insiders have sold a total of 120,769 shares of company stock valued at $36,428,967 in the last ninety days. Insiders own 40.90% of the company’s stock.

Oracle Price Performance

Shares of ORCL opened at $291.95 on Monday. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 3.33. Oracle Corporation has a twelve month low of $118.86 and a twelve month high of $345.72. The stock has a market capitalization of $832.28 billion, a P/E ratio of 67.58, a P/E/G ratio of 3.14 and a beta of 1.53. The company has a 50 day moving average of $271.71 and a 200-day moving average of $216.40.

Oracle (NYSE:ORCL) last announced 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 business had revenue of $14.93 billion during the quarter, compared to the consensus estimate of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.The business’s revenue for the quarter was up 12.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, equities research analysts forecast that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Investors of record on Thursday, October 9th will be given 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 payout ratio is currently 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.