Midwest Professional Planners LTD. Has $5.04 Million Stock Holdings in Oracle Corporation $ORCL

Midwest Professional Planners LTD. raised its holdings in shares of Oracle Corporation (NYSE:ORCL) by 2.3% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 23,054 shares of the enterprise software provider’s stock after acquiring an additional 519 shares during the quarter. Oracle makes up approximately 1.3% of Midwest Professional Planners LTD.’s holdings, making the stock its 18th biggest position. Midwest Professional Planners LTD.’s holdings in Oracle were worth $5,040,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in ORCL. LGT Financial Advisors LLC bought a new position in Oracle during the second quarter worth $33,000. Legend Financial Advisors Inc. bought a new position in Oracle in the 2nd quarter worth about $34,000. HighMark Wealth Management LLC bought a new stake in shares of Oracle in the 2nd quarter worth approximately $38,000. Moser Wealth Advisors LLC increased its position in Oracle by 1,770.0% during the 2nd 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 raised its holdings in Oracle by 32.2% in the 2nd 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. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Oracle Trading Up 2.4%

ORCL opened at $222.88 on Monday. The stock has a market capitalization of $635.37 billion, a PE ratio of 51.59, a P/E/G ratio of 2.96 and a beta of 1.51. Oracle Corporation has a one year low of $118.86 and a one year high of $345.72. 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 business’s 50 day moving average price is $279.59 and its 200 day moving average price is $234.44.

Oracle (NYSE:ORCL) last issued its quarterly earnings data on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.48 by ($0.01). The company had revenue of $14.93 billion during the quarter, compared to analysts’ expectations of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. The firm’s quarterly revenue was up 12.2% on a year-over-year basis. 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. As a group, equities research analysts expect that Oracle Corporation will post 5 EPS for the current year.

Oracle Announces Dividend

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

Analysts Set New Price Targets

A number of analysts have weighed in on ORCL shares. Stifel Nicolaus raised their price objective on shares of Oracle from $250.00 to $350.00 and gave the company a “buy” rating in a research note on Wednesday, September 10th. Piper Sandler boosted their price objective on Oracle from $330.00 to $380.00 and gave the company an “overweight” rating in a research note on Friday, October 17th. Morgan Stanley increased their price objective on shares of Oracle from $246.00 to $320.00 and gave the company an “equal weight” rating in a report on Tuesday, September 23rd. Berenberg Bank lifted their target price on Oracle from $202.00 to $306.00 and gave the stock a “hold” rating in a report on Monday, September 15th. Finally, Cowen restated a “buy” rating on shares of Oracle in a report on Friday, October 17th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $323.69.

Insiders Place Their Bets

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

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.