Harbour Trust & Investment Management Co Reduces Holdings in Oracle Corporation $ORCL

Harbour Trust & Investment Management Co cut its stake in shares of Oracle Corporation (NYSE:ORCL) by 1.0% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 41,088 shares of the enterprise software provider’s stock after selling 411 shares during the quarter. Harbour Trust & Investment Management Co’s holdings in Oracle were worth $8,983,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of ORCL. Brighton Jones LLC boosted its holdings in Oracle by 189.3% during the 4th quarter. Brighton Jones LLC now owns 153,580 shares of the enterprise software provider’s stock valued at $25,593,000 after acquiring an additional 100,494 shares during the period. Revolve Wealth Partners LLC raised its position in Oracle by 8.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 5,418 shares of the enterprise software provider’s stock valued at $903,000 after purchasing an additional 404 shares during the last quarter. GAMMA Investing LLC raised its position in Oracle by 8.1% during the 1st quarter. GAMMA Investing LLC now owns 34,011 shares of the enterprise software provider’s stock valued at $4,755,000 after purchasing an additional 2,546 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its position in Oracle by 23.0% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 575,124 shares of the enterprise software provider’s stock valued at $80,408,000 after purchasing an additional 107,547 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC raised its position in Oracle by 3.6% during the 1st quarter. Dynamic Advisor Solutions LLC now owns 16,131 shares of the enterprise software provider’s stock valued at $2,255,000 after purchasing an additional 557 shares during the last quarter. 42.44% of the stock is currently owned by hedge funds and other institutional investors.

Oracle Stock Up 5.2%

Shares of NYSE:ORCL opened at $308.14 on Tuesday. Oracle Corporation has a 52-week low of $118.86 and a 52-week high of $345.72. The firm has a market capitalization of $878.43 billion, a P/E ratio of 71.33, a P/E/G ratio of 3.15 and a beta of 1.53. The stock has a 50 day moving average price of $267.80 and a 200-day moving average price of $211.91. 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 (NYSE:ORCL) last announced its earnings results 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 return on equity of 72.93% and a net margin of 21.08%.The firm had revenue of $14.93 billion during the quarter, compared to the consensus estimate of $15.04 billion. During the same period in the prior year, the company posted $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, equities research analysts anticipate that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 23rd. Investors of record on Thursday, October 9th will be paid a $0.50 dividend. The ex-dividend date is Thursday, October 9th. This represents a $2.00 annualized dividend and a dividend yield of 0.6%. Oracle’s dividend payout ratio is presently 46.30%.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on ORCL shares. Rothschild & Co Redburn started coverage on Oracle in a research report on Thursday, September 25th. They set a “sell” rating and a $175.00 price target for the company. Berenberg Bank upped their price target on Oracle from $202.00 to $306.00 and gave the company a “hold” rating in a research report on Monday, September 15th. Cowen reaffirmed a “buy” rating and set a $375.00 price target on shares of Oracle in a research report on Wednesday, September 10th. DA Davidson upped their price target on Oracle from $220.00 to $300.00 and gave the company a “neutral” rating in a research report on Wednesday, September 10th. Finally, Raymond James Financial reaffirmed a “strong-buy” rating on shares of Oracle in a research report on Wednesday, June 18th. Three analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $307.00.

Insider Buying and Selling

In related news, insider Clayton M. Magouyrk sold 21,241 shares of the company’s stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $297.11, for a total value of $6,310,913.51. Following the sale, the insider owned 78,000 shares in the company, valued at $23,174,580. This represents a 21.40% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Michael D. Sicilia sold 33,845 shares of the company’s stock in a transaction that occurred on Tuesday, September 23rd. The stock was sold at an average price of $321.16, for a total value of $10,869,660.20. Following the completion of the sale, the insider owned 132,656 shares in the company, valued at $42,603,800.96. The trade was a 20.33% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 104,314 shares of company stock worth $31,272,223. 40.90% of the stock is currently owned by corporate insiders.

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.