Oak Harvest Investment Services Buys 1,274 Shares of Oracle Corporation $ORCL

Oak Harvest Investment Services grew its stake in shares of Oracle Corporation (NYSE:ORCL) by 2.5% in the second quarter, HoldingsChannel.com reports. The fund owned 52,017 shares of the enterprise software provider’s stock after acquiring an additional 1,274 shares during the quarter. Oracle comprises about 1.4% of Oak Harvest Investment Services’ investment portfolio, making the stock its 21st biggest position. Oak Harvest Investment Services’ holdings in Oracle were worth $11,373,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Brighton Jones LLC raised its position in shares of Oracle by 189.3% in the 4th quarter. Brighton Jones LLC now owns 153,580 shares of the enterprise software provider’s stock valued at $25,593,000 after buying an additional 100,494 shares in the last quarter. Revolve Wealth Partners LLC grew its stake in shares of Oracle by 8.1% during the fourth quarter. Revolve Wealth Partners LLC now owns 5,418 shares of the enterprise software provider’s stock worth $903,000 after buying an additional 404 shares during the last quarter. Trivest Advisors Ltd acquired a new position in shares of Oracle during the first quarter worth $5,592,000. Larson Financial Group LLC boosted its holdings in shares of Oracle by 13.3% during the 1st quarter. Larson Financial Group LLC now owns 5,674 shares of the enterprise software provider’s stock valued at $793,000 after acquiring an additional 665 shares in the last quarter. Finally, Kornitzer Capital Management Inc. KS raised its position in Oracle by 513.3% during the 1st quarter. Kornitzer Capital Management Inc. KS now owns 7,856 shares of the enterprise software provider’s stock worth $1,098,000 after purchasing an additional 6,575 shares during the last quarter. Institutional investors and hedge funds own 42.44% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have weighed in on ORCL. Berenberg Bank increased their target price on shares of Oracle from $202.00 to $306.00 and gave the company a “hold” rating in a research report on Monday, September 15th. Evercore ISI increased their price objective on shares of Oracle from $350.00 to $385.00 and gave the stock an “outperform” rating in a research report on Friday, October 17th. Bank of America upgraded shares of Oracle from a “neutral” rating to a “buy” rating and boosted their target price for the company from $295.00 to $368.00 in a report on Wednesday, September 10th. Citigroup reiterated a “buy” rating on shares of Oracle in a report on Friday, October 10th. Finally, Stifel Nicolaus boosted their price objective on Oracle from $250.00 to $350.00 and gave the company a “buy” rating in a research note on Wednesday, September 10th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned 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 company currently has a consensus rating of “Moderate Buy” and an average target price of $323.69.

Oracle Stock Down 4.1%

Shares of NYSE:ORCL opened at $217.68 on Friday. The business’s 50 day moving average is $279.79 and its 200 day moving average is $232.56. Oracle Corporation has a 12-month low of $118.86 and a 12-month high of $345.72. The stock has a market cap of $620.56 billion, a price-to-earnings ratio of 50.39, a PEG ratio of 2.96 and a beta of 1.51. 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 (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 the consensus estimate of $1.48 by ($0.01). The firm had revenue of $14.93 billion for the quarter, compared to analysts’ expectations of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.The firm’s revenue for the quarter was up 12.2% compared to the same quarter last year. During the same quarter last year, the firm posted $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, sell-side analysts forecast that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Dividend Announcement

The company also recently announced 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 0.9%. The ex-dividend date of this dividend was Thursday, October 9th. Oracle’s dividend payout ratio (DPR) is currently 46.30%.

Insider Activity

In related news, Director William G. Parrett sold 11,500 shares of Oracle stock in a transaction that occurred 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. The trade was a 39.30% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Jeffrey Berg sold 49,365 shares of the firm’s stock in a transaction on Tuesday, October 28th. The stock was sold at an average price of $283.02, for a total value of $13,971,282.30. Following the completion of the transaction, the director directly owned 151,999 shares of the company’s stock, valued at $43,018,756.98. The trade was a 24.52% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 204,254 shares of company stock worth $60,227,807. 40.90% of the stock is owned by company insiders.

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.