13,370 Shares in Oracle Corporation $ORCL Acquired by Employees Retirement System of Texas

Employees Retirement System of Texas acquired a new stake in shares of Oracle Corporation (NYSE:ORCL) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 13,370 shares of the enterprise software provider’s stock, valued at approximately $2,923,000.

Several other hedge funds also recently bought and sold shares of ORCL. Swiss National Bank grew its position in Oracle by 7.6% during the 2nd quarter. Swiss National Bank now owns 5,093,200 shares of the enterprise software provider’s stock worth $1,113,526,000 after acquiring an additional 360,000 shares during the last quarter. Lockheed Martin Investment Management Co. boosted its holdings in Oracle by 4.3% in the first quarter. Lockheed Martin Investment Management Co. now owns 51,350 shares of the enterprise software provider’s stock valued at $7,179,000 after acquiring an additional 2,110 shares during the last quarter. Private Wealth Asset Management LLC grew its position in shares of Oracle by 9.2% during the 2nd quarter. Private Wealth Asset Management LLC now owns 3,817 shares of the enterprise software provider’s stock worth $835,000 after buying an additional 321 shares during the period. Soltis Investment Advisors LLC grew its stake in shares of Oracle by 4.8% during the second quarter. Soltis Investment Advisors LLC now owns 32,937 shares of the enterprise software provider’s stock worth $7,201,000 after purchasing an additional 1,515 shares during the period. Finally, Cascade Investment Group Inc. bought a new stake in shares of Oracle in the 2nd quarter valued at about $239,000. 42.44% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

ORCL has been the topic of a number of research analyst reports. Guggenheim raised their price target on Oracle from $375.00 to $400.00 and gave the stock a “buy” rating in a research report on Friday, October 17th. BNP Paribas set a $377.00 price objective on shares of Oracle in a research note on Wednesday, September 10th. HSBC reissued a “buy” rating and issued a $382.00 price objective on shares of Oracle in a report on Wednesday. Evercore ISI lifted their price target on Oracle from $350.00 to $385.00 and gave the stock an “outperform” rating in a report on Friday, October 17th. Finally, Robert W. Baird decreased their price objective on shares of Oracle from $365.00 to $315.00 and set an “outperform” rating on the stock in a report on Tuesday, November 18th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $324.89.

Oracle Trading Up 4.2%

Shares of ORCL stock opened at $205.29 on Thursday. The company has a debt-to-equity ratio of 3.33, a quick ratio of 0.62 and a current ratio of 0.62. Oracle Corporation has a fifty-two week low of $118.86 and a fifty-two week high of $345.72. The stock has a 50 day simple moving average of $266.77 and a two-hundred day simple moving average of $237.24. The company has a market cap of $585.23 billion, a P/E ratio of 47.52, a PEG ratio of 2.96 and a beta of 1.51.

Oracle (NYSE:ORCL) last issued its 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). The firm had revenue of $14.93 billion for the quarter, compared to analyst estimates of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.Oracle’s revenue for the quarter was up 12.2% compared to the same quarter last year. During the same period in the previous year, the company earned $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Research analysts forecast that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 23rd. Investors of record on Thursday, October 9th were paid a $0.50 dividend. The ex-dividend date was Thursday, October 9th. This represents a $2.00 annualized dividend and a yield of 1.0%. Oracle’s dividend payout ratio is presently 46.30%.

Insider Activity at Oracle

In related news, CEO Clayton M. Magouyrk sold 40,000 shares of the business’s 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 completion of the transaction, the chief executive officer directly owned 154,030 shares in the company, valued at $42,610,859.20. The trade was a 20.62% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director William G. Parrett sold 11,500 shares of the business’s stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $306.00, for a total transaction of $3,519,000.00. Following the completion of the transaction, the director directly owned 17,764 shares of the company’s stock, valued at approximately $5,435,784. This represents a 39.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 204,254 shares of company stock worth $60,227,807 in the last three months. 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.