Fingerlakes Wealth Management Inc. Increases Stock Holdings in Oracle Corporation $ORCL

Fingerlakes Wealth Management Inc. increased its stake in shares of Oracle Corporation (NYSE:ORCL) by 4.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,666 shares of the enterprise software provider’s stock after purchasing an additional 66 shares during the quarter. Fingerlakes Wealth Management Inc.’s holdings in Oracle were worth $364,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Redmont Wealth Advisors LLC acquired a new position in shares of Oracle during the 1st quarter worth $27,000. Inlight Wealth Management LLC purchased a new stake in Oracle during the 1st quarter worth about $28,000. Iron Horse Wealth Management LLC increased its position in Oracle by 284.9% during the 1st quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider’s stock worth $29,000 after purchasing an additional 151 shares in the last quarter. LGT Financial Advisors LLC purchased a new stake in Oracle during the 2nd quarter worth about $33,000. Finally, Legend Financial Advisors Inc. purchased a new stake in Oracle in the 2nd quarter valued at about $34,000. 42.44% of the stock is owned by institutional investors and hedge funds.

Oracle Stock Down 4.9%

Shares of Oracle stock opened at $276.93 on Tuesday. The firm has a market cap of $789.47 billion, a price-to-earnings ratio of 64.10, a P/E/G 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 Corporation has a 52-week low of $118.86 and a 52-week high of $345.72. The stock has a 50-day simple moving average of $272.19 and a 200-day simple moving average of $217.44.

Oracle (NYSE:ORCL) last issued its quarterly earnings data 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). Oracle had a net margin of 21.08% and a return on equity of 72.93%. The company had revenue of $14.93 billion during the quarter, compared to the consensus estimate of $15.04 billion. During the same period in the previous year, the business 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. On average, equities research analysts expect that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 23rd. Investors 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 dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, October 9th. Oracle’s dividend payout ratio (DPR) is presently 46.30%.

Insiders Place Their Bets

In related news, EVP Stuart Levey sold 19,758 shares of the firm’s stock in a transaction that occurred on Friday, October 10th. The stock was sold at an average price of $300.00, for a total value of $5,927,400.00. Following the transaction, the executive vice president directly owned 18,429 shares of the company’s stock, valued at approximately $5,528,700. This trade represents a 51.74% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible 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 directly owned 78,000 shares in the company, valued at $23,174,580. The trade was a 21.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 120,769 shares of company stock worth $36,428,967 in the last three months. 40.90% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several research firms have commented on ORCL. BNP Paribas set a $377.00 price target on Oracle in a report on Wednesday, September 10th. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $320.00 target price on shares of Oracle in a research report on Monday. Stifel Nicolaus upped their price objective on Oracle from $250.00 to $350.00 and gave the stock a “buy” rating in a research note on Wednesday, September 10th. Mizuho raised their target price on Oracle from $300.00 to $350.00 and gave the company an “outperform” rating in a research note on Wednesday, September 10th. Finally, Royal Bank Of Canada restated a “sector perform” rating and set a $310.00 price objective on shares of Oracle in a research report on Friday. Three analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, Oracle presently has a consensus rating of “Moderate Buy” and an average price target of $323.69.

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.