Atlantic Union Bankshares Corp Acquires 70,605 Shares of Oracle Corporation $ORCL

Atlantic Union Bankshares Corp raised its position in shares of Oracle Corporation (NYSE:ORCL) by 144.3% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 119,547 shares of the enterprise software provider’s stock after acquiring an additional 70,605 shares during the period. Atlantic Union Bankshares Corp’s holdings in Oracle were worth $26,137,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of ORCL. Iron Horse Wealth Management LLC boosted its holdings in Oracle by 284.9% during 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 period. LGT Financial Advisors LLC bought a new stake in Oracle during the second quarter valued at about $33,000. Legend Financial Advisors Inc. bought a new stake in Oracle during the second quarter valued at about $34,000. HighMark Wealth Management LLC bought a new stake in Oracle during the second quarter valued at about $38,000. Finally, Graybill Wealth Management LTD. bought a new stake in Oracle during the first quarter valued at about $39,000. 42.44% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

ORCL has been the topic of several research reports. BMO Capital Markets set a $355.00 price target on Oracle and gave the company an “outperform” rating in a research note on Monday, October 13th. BNP Paribas set a $377.00 target price on Oracle in a report on Wednesday, September 10th. JMP Securities reissued a “market outperform” rating and issued a $342.00 target price on shares of Oracle in a report on Friday, October 17th. Cowen reissued a “buy” rating on shares of Oracle in a report on Friday, October 17th. Finally, Wolfe Research increased their target price on Oracle from $300.00 to $400.00 and gave the stock an “outperform” rating in a report on Wednesday, September 10th. Three analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $323.69.

Oracle Trading Up 0.8%

ORCL stock opened at $250.26 on Thursday. The business has a fifty day moving average price of $278.97 and a 200 day moving average price of $228.97. Oracle Corporation has a fifty-two week low of $118.86 and a fifty-two week high of $345.72. The stock has a market capitalization of $713.44 billion, a price-to-earnings ratio of 57.93, a P/E/G ratio of 2.96 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 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). Oracle had a net margin of 21.08% and a return on equity of 72.93%. The business had revenue of $14.93 billion for the quarter, compared to analyst estimates of $15.04 billion. During the same period in the prior year, the business earned $1.39 earnings per share. The company’s revenue for the quarter was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Analysts expect that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th were given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date was Thursday, October 9th. Oracle’s dividend payout ratio (DPR) is presently 46.30%.

Insider Transactions at Oracle

In other Oracle news, CEO Clayton M. Magouyrk sold 40,000 shares of the stock in a transaction on Tuesday, October 21st. The stock was sold at an average price of $276.64, for a total value of $11,065,600.00. Following the transaction, the chief executive officer directly owned 154,030 shares in the company, valued at approximately $42,610,859.20. This trade represents a 20.62% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Michael D. Sicilia sold 33,845 shares of the stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $321.16, for a total value of $10,869,660.20. Following the completion of the transaction, the insider owned 132,656 shares in the company, valued at $42,603,800.96. The trade was a 20.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 204,254 shares of company stock worth $60,227,807. Corporate insiders own 40.90% of the company’s stock.

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.