Oracle Corporation $ORCL Shares Purchased by Strategic Family Wealth Counselors L.L.C.

Strategic Family Wealth Counselors L.L.C. raised its stake in shares of Oracle Corporation (NYSE:ORCLFree Report) by 232.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,907 shares of the enterprise software provider’s stock after buying an additional 2,732 shares during the quarter. Strategic Family Wealth Counselors L.L.C.’s holdings in Oracle were worth $703,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Xponance Inc. grew its holdings in Oracle by 1.8% during the 3rd quarter. Xponance Inc. now owns 406,544 shares of the enterprise software provider’s stock valued at $114,336,000 after buying an additional 7,320 shares during the last quarter. Stonegate Investment Group LLC grew its holdings in Oracle by 3.2% during the 3rd quarter. Stonegate Investment Group LLC now owns 99,400 shares of the enterprise software provider’s stock valued at $27,955,000 after buying an additional 3,065 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. grew its holdings in Oracle by 62.1% during the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 483,000 shares of the enterprise software provider’s stock valued at $135,839,000 after buying an additional 184,996 shares during the last quarter. DDD Partners LLC acquired a new stake in shares of Oracle during the fourth quarter worth $1,677,000. Finally, William Blair Investment Management LLC boosted its holdings in shares of Oracle by 28.6% during the third quarter. William Blair Investment Management LLC now owns 1,107,586 shares of the enterprise software provider’s stock worth $311,497,000 after purchasing an additional 246,243 shares during the last quarter. Institutional investors and hedge funds own 42.44% of the company’s stock.

Oracle News Roundup

Here are the key news stories impacting Oracle this week:

Oracle Trading Up 1.6%

Shares of ORCL opened at $189.81 on Thursday. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 3.66. The firm has a market capitalization of $545.89 billion, a P/E ratio of 34.08, a price-to-earnings-growth ratio of 1.78 and a beta of 1.55. The stock’s fifty day simple moving average is $161.22 and its 200 day simple moving average is $183.47. Oracle Corporation has a twelve month low of $134.57 and a twelve month high of $345.72.

Oracle (NYSE:ORCLGet Free Report) last issued its earnings results on Tuesday, March 10th. The enterprise software provider reported $1.79 earnings per share for the quarter, topping the consensus estimate of $1.71 by $0.08. The business had revenue of $17.19 billion for the quarter, compared to analyst estimates of $16.91 billion. Oracle had a return on equity of 62.70% and a net margin of 25.30%.The business’s quarterly revenue was up 21.7% on a year-over-year basis. During the same period last year, the company posted $1.47 EPS. Oracle has set its Q4 2026 guidance at 1.960-2.000 EPS. On average, equities research analysts forecast that Oracle Corporation will post 6.08 earnings per share for the current year.

Oracle Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, April 24th. Investors of record on Thursday, April 9th were given a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Thursday, April 9th. Oracle’s dividend payout ratio (DPR) is 35.91%.

Insider Buying and Selling at Oracle

In related news, EVP Stuart Levey sold 15,000 shares of the stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $176.19, for a total value of $2,642,850.00. Following the transaction, the executive vice president directly owned 3,429 shares of the company’s stock, valued at approximately $604,155.51. This trade represents a 81.39% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 40.90% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on ORCL. Bank of America began coverage on Oracle in a report on Tuesday, March 24th. They set a “buy” rating and a $200.00 price objective on the stock. Citizens Jmp decreased their price objective on Oracle from $342.00 to $285.00 and set a “market outperform” rating on the stock in a report on Thursday, February 5th. Guggenheim restated a “buy” rating and set a $400.00 price objective on shares of Oracle in a report on Friday, March 13th. Stifel Nicolaus decreased their price objective on Oracle from $275.00 to $220.00 and set a “buy” rating on the stock in a report on Wednesday, March 11th. Finally, Morgan Stanley decreased their price objective on Oracle from $213.00 to $207.00 and set an “equal weight” rating on the stock in a report on Thursday, April 23rd. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $261.46.

Get Our Latest Analysis on ORCL

About Oracle

(Free Report)

Oracle Corporation is a multinational technology company that develops and sells database software, cloud engineered systems, enterprise software applications and related services. The company is widely known for its flagship Oracle Database and a portfolio of enterprise-grade software products that support data management, application development, analytics and middleware. Over recent years Oracle has expanded its focus to include cloud infrastructure and cloud applications, positioning itself as a provider of both platform and software-as-a-service solutions for large organizations.

Oracle’s product and service offerings include Oracle Database and the Autonomous Database, Oracle Cloud Infrastructure (OCI), enterprise resource planning (ERP), human capital management (HCM) and supply chain management (SCM) cloud applications (often grouped under Oracle Fusion Cloud Applications), middleware such as WebLogic, and developer technologies including Java and MySQL.

Further Reading

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Institutional Ownership by Quarter for Oracle (NYSE:ORCL)

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