S.A. Mason LLC reduced its stake in Oracle Corporation (NYSE:ORCL – Free Report) by 2.9% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,257 shares of the enterprise software provider’s stock after selling 281 shares during the period. Oracle accounts for about 1.0% of S.A. Mason LLC’s investment portfolio, making the stock its 18th biggest holding. S.A. Mason LLC’s holdings in Oracle were worth $2,024,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds and other institutional investors also recently bought and sold shares of ORCL. Redmont Wealth Advisors LLC acquired a new position in Oracle in the first quarter valued at approximately $27,000. Inlight Wealth Management LLC bought a new stake in shares of Oracle during the first quarter valued at approximately $28,000. Iron Horse Wealth Management LLC raised its holdings in shares of Oracle by 284.9% during the first quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider’s stock valued at $29,000 after buying an additional 151 shares during the last quarter. Fourth Dimension Wealth LLC bought a new stake in shares of Oracle during the fourth quarter valued at approximately $36,000. Finally, Graybill Wealth Management LTD. bought a new stake in shares of Oracle during the first quarter valued at approximately $39,000. 42.44% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of research firms have recently weighed in on ORCL. Mizuho lifted their price target on Oracle from $300.00 to $350.00 and gave the company an “outperform” rating in a report on Wednesday, September 10th. Westpark Capital boosted their target price on Oracle from $195.00 to $246.00 and gave the stock a “buy” rating in a report on Thursday, June 12th. Sanford C. Bernstein reissued an “outperform” rating on shares of Oracle in a report on Thursday, September 11th. Evercore ISI boosted their target price on Oracle from $270.00 to $340.00 and gave the stock an “outperform” rating in a report on Wednesday, September 10th. Finally, Citigroup reissued an “outperform” rating on shares of Oracle in a report on Wednesday, September 10th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat.com, Oracle currently has an average rating of “Moderate Buy” and a consensus target price of $303.44.
Oracle Stock Up 4.2%
ORCL stock opened at $309.18 on Monday. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.33. Oracle Corporation has a 1 year low of $118.86 and a 1 year high of $345.72. The company has a fifty day simple moving average of $251.63 and a 200 day simple moving average of $195.70. The firm has a market cap of $878.60 billion, a PE ratio of 71.57, a PEG ratio of 3.34 and a beta of 1.46.
Oracle (NYSE:ORCL – Get Free Report) last released 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). Oracle had a net margin of 21.08% and a return on equity of 72.93%. The business had revenue of $14.93 billion during the quarter, compared to analyst estimates of $15.04 billion. During the same period in the previous year, the firm posted $1.39 EPS. The firm’s revenue for the quarter was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Sell-side analysts anticipate that Oracle Corporation will post 5 EPS for the current fiscal year.
Oracle Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a yield of 0.6%. Oracle’s payout ratio is currently 46.30%.
Insider Activity
In other Oracle news, Director Naomi O. Seligman sold 3,303 shares of the business’s stock in a transaction on Wednesday, July 16th. The shares were sold at an average price of $233.32, for a total transaction of $770,655.96. Following the completion of the transaction, the director owned 31,447 shares of the company’s stock, valued at $7,337,214.04. The trade was a 9.51% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Michael D. Sicilia sold 16,323 shares of the business’s stock in a transaction on Tuesday, September 16th. The stock was sold at an average price of $313.60, for a total transaction of $5,118,892.80. Following the transaction, the insider directly owned 110,094 shares of the company’s stock, valued at approximately $34,525,478.40. This represents a 12.91% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 78,247 shares of company stock worth $22,090,505. Insiders own 42.20% of the company’s stock.
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.
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