Oracle Corporation $ORCL Shares Bought by Trustmark Bank Trust Department

Trustmark Bank Trust Department lifted its holdings in shares of Oracle Corporation (NYSE:ORCL) by 3.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 25,445 shares of the enterprise software provider’s stock after buying an additional 776 shares during the period. Trustmark Bank Trust Department’s holdings in Oracle were worth $5,563,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Winnow Wealth LLC acquired a new stake in Oracle in the second quarter valued at $28,000. LGT Financial Advisors LLC purchased a new position in shares of Oracle in the 2nd quarter valued at about $33,000. Legend Financial Advisors Inc. acquired a new stake in shares of Oracle in the second quarter valued at about $34,000. HighMark Wealth Management LLC purchased a new stake in Oracle during the second quarter worth about $38,000. Finally, Moser Wealth Advisors LLC grew its position in Oracle by 1,770.0% during 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 during the period. 42.44% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on ORCL. Berenberg Bank lifted their price target 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. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $320.00 price objective on shares of Oracle in a report on Monday, October 20th. Citigroup reiterated a “buy” rating on shares of Oracle in a research report on Friday, October 10th. Barclays raised their price target on Oracle from $367.00 to $400.00 and gave the company an “overweight” rating in a research 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 research report on Tuesday, November 18th. Three research analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $324.89.

Insiders Place Their Bets

In related news, insider Michael D. Sicilia sold 33,845 shares of the company’s stock in a transaction that occurred on Tuesday, September 23rd. The shares were sold at an average price of $321.16, for a total transaction of $10,869,660.20. Following the transaction, 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Clayton M. Magouyrk sold 40,000 shares of the firm’s stock in a transaction that occurred on 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. This trade represents a 20.62% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 204,254 shares of company stock valued at $60,227,807. 40.90% of the stock is currently owned by insiders.

Oracle Stock Performance

NYSE ORCL opened at $201.57 on Friday. 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 Corporation has a fifty-two week low of $118.86 and a fifty-two week high of $345.72. The business has a fifty day moving average of $262.79 and a 200-day moving average of $237.85. The stock has a market cap of $574.62 billion, a price-to-earnings ratio of 46.66, a price-to-earnings-growth ratio of 2.96 and a beta of 1.51.

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

Oracle Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th were issued 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 1.0%. Oracle’s payout ratio is 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.