Evelyn Partners Investment Management Services Ltd Increases Holdings in Oracle Corporation $ORCL

Evelyn Partners Investment Management Services Ltd grew its holdings in Oracle Corporation (NYSE:ORCL) by 4,329.6% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 8,992 shares of the enterprise software provider’s stock after buying an additional 8,789 shares during the quarter. Evelyn Partners Investment Management Services Ltd’s holdings in Oracle were worth $1,966,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Winnow Wealth LLC bought a new position in Oracle in the 2nd quarter worth $28,000. LGT Financial Advisors LLC bought a new stake in shares of Oracle during the 2nd quarter valued at about $33,000. Legend Financial Advisors Inc. purchased a new position in shares of Oracle during the second quarter valued at about $34,000. HighMark Wealth Management LLC bought a new position in Oracle in the second quarter worth about $38,000. Finally, Moser Wealth Advisors LLC raised its stake in Oracle by 1,770.0% in the second quarter. Moser Wealth Advisors LLC now owns 187 shares of the enterprise software provider’s stock worth $41,000 after buying an additional 177 shares in the last quarter. 42.44% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have weighed in on ORCL. BNP Paribas set a $377.00 target price on Oracle in a report on Wednesday, September 10th. Guggenheim upped their price target on Oracle from $375.00 to $400.00 and gave the stock a “buy” rating in a research note on Friday, October 17th. Bank of America upgraded Oracle from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $295.00 to $368.00 in a report on Wednesday, September 10th. Piper Sandler boosted their target price on shares of Oracle from $330.00 to $380.00 and gave the company an “overweight” rating in a report on Friday, October 17th. Finally, Jefferies Financial Group increased their price target 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. Three research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $322.26.

Insider Transactions at Oracle

In other news, Director Jeffrey Berg sold 49,365 shares of the company’s stock in a transaction on Tuesday, October 28th. The stock was sold at an average price of $283.02, for a total transaction of $13,971,282.30. Following the transaction, the director directly owned 151,999 shares of the company’s stock, valued at $43,018,756.98. This represents a 24.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Stuart Levey sold 19,758 shares of the stock in a transaction on Friday, October 10th. The shares were sold at an average price of $300.00, for a total value of $5,927,400.00. Following the sale, the executive vice president directly owned 18,429 shares in the company, valued at $5,528,700. This trade represents a 51.74% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 204,254 shares of company stock valued at $60,227,807. Insiders own 40.90% of the company’s stock.

Oracle Stock Down 5.8%

NYSE:ORCL opened at $198.54 on Friday. 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 cap of $566.00 billion, a P/E ratio of 45.96, a P/E/G 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. The firm has a 50-day simple moving average of $272.92 and a two-hundred day simple moving average of $235.56.

Oracle (NYSE:ORCL) last posted its quarterly earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing analysts’ consensus estimates 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 net margin of 21.08% and a return on equity of 72.93%. The company’s quarterly revenue was up 12.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Analysts predict that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th were issued a $0.50 dividend. The ex-dividend date of this dividend was Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.0%. Oracle’s dividend payout ratio (DPR) is presently 46.30%.

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.