Waratah Capital Advisors Ltd. Makes New $5.66 Million Investment in Oracle Corporation $ORCL

Waratah Capital Advisors Ltd. acquired a new stake in shares of Oracle Corporation (NYSE:ORCL) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 25,892 shares of the enterprise software provider’s stock, valued at approximately $5,661,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. LGT Financial Advisors LLC purchased a new position in shares of Oracle during the second quarter worth $33,000. Legend Financial Advisors Inc. purchased a new position in Oracle during the second quarter worth approximately $34,000. HighMark Wealth Management LLC acquired a new stake in Oracle in the 2nd quarter valued at $38,000. Moser Wealth Advisors LLC grew its position in shares of Oracle by 1,770.0% in the second quarter. Moser Wealth Advisors LLC now owns 187 shares of the enterprise software provider’s stock valued at $41,000 after purchasing an additional 177 shares during the period. Finally, Orion Capital Management LLC increased its stake in shares of Oracle by 32.2% during the second quarter. Orion Capital Management LLC now owns 193 shares of the enterprise software provider’s stock worth $42,000 after purchasing an additional 47 shares in the last quarter. Hedge funds and other institutional investors own 42.44% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Clayton M. Magouyrk sold 40,000 shares of the company’s stock in a transaction that occurred on Tuesday, October 21st. The shares were 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 represents a 20.62% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Jeffrey Berg sold 49,365 shares of Oracle stock in a transaction that occurred on Tuesday, October 28th. The shares were sold at an average price of $283.02, for a total transaction of $13,971,282.30. Following the completion of the sale, the director owned 151,999 shares of the company’s stock, valued at $43,018,756.98. This trade represents a 24.52% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 204,254 shares of company stock worth $60,227,807. Insiders own 40.90% of the company’s stock.

Analysts Set New Price Targets

ORCL has been the subject of a number of research analyst reports. Royal Bank Of Canada reissued a “sector perform” rating and set a $310.00 target price on shares of Oracle in a report on Friday, October 17th. Scotiabank increased their price objective on Oracle from $350.00 to $360.00 and gave the company an “outperform” rating in a research note on Friday, October 17th. Jefferies Financial Group lifted their target price on shares of Oracle from $360.00 to $400.00 and gave the stock a “buy” rating in a research note on Friday, October 17th. Rothschild & Co Redburn initiated coverage on shares of Oracle in a research report on Thursday, September 25th. They issued a “sell” rating and a $175.00 target price for the company. Finally, Redburn Partners set a $175.00 price target on shares of Oracle in a research report on Thursday, September 25th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $323.69.

Oracle Trading Up 2.4%

Shares of Oracle stock opened at $222.88 on Friday. The stock has a 50 day moving average of $279.59 and a 200 day moving average of $233.78. The company has a debt-to-equity ratio of 3.33, a quick ratio of 0.62 and a current ratio of 0.62. The firm has a market capitalization of $635.37 billion, a price-to-earnings ratio of 51.59, a PEG ratio of 2.96 and a beta of 1.51. Oracle Corporation has a fifty-two week low of $118.86 and a fifty-two week high of $345.72.

Oracle (NYSE:ORCL) last announced its quarterly earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing the consensus estimate of $1.48 by ($0.01). The business had revenue of $14.93 billion during the quarter, compared to analyst estimates of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. The business’s revenue for the quarter was up 12.2% on a year-over-year basis. During the same period last year, the company earned $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, research analysts predict that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th were given a dividend of $0.50 per share. The ex-dividend date was Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.9%. Oracle’s dividend payout ratio (DPR) is currently 46.30%.

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.