Davis R M Inc. Purchases 1,447 Shares of Oracle Corporation $ORCL

Davis R M Inc. lifted its holdings in Oracle Corporation (NYSE:ORCL) by 7.5% in the second quarter, HoldingsChannel reports. The firm owned 20,820 shares of the enterprise software provider’s stock after purchasing an additional 1,447 shares during the quarter. Davis R M Inc.’s holdings in Oracle were worth $4,552,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Brighton Jones LLC increased its stake in Oracle by 189.3% during the fourth quarter. Brighton Jones LLC now owns 153,580 shares of the enterprise software provider’s stock worth $25,593,000 after acquiring an additional 100,494 shares during the last quarter. Revolve Wealth Partners LLC boosted its holdings in shares of Oracle by 8.1% in the 4th quarter. Revolve Wealth Partners LLC now owns 5,418 shares of the enterprise software provider’s stock worth $903,000 after purchasing an additional 404 shares during the period. New York State Common Retirement Fund increased its position in shares of Oracle by 1.7% during the 1st quarter. New York State Common Retirement Fund now owns 2,056,038 shares of the enterprise software provider’s stock valued at $287,455,000 after purchasing an additional 34,233 shares during the last quarter. Fulton Breakefield Broenniman LLC raised its holdings in Oracle by 20.9% during the 1st quarter. Fulton Breakefield Broenniman LLC now owns 2,840 shares of the enterprise software provider’s stock valued at $397,000 after buying an additional 490 shares during the period. Finally, Louisiana State Employees Retirement System lifted its position in Oracle by 0.9% in the first quarter. Louisiana State Employees Retirement System now owns 87,200 shares of the enterprise software provider’s stock worth $12,191,000 after buying an additional 800 shares during the last quarter. Hedge funds and other institutional investors own 42.44% of the company’s stock.

Oracle Stock Down 1.9%

Shares of NYSE ORCL opened at $239.15 on Monday. The company has a debt-to-equity ratio of 3.33, a quick ratio of 0.62 and a current ratio of 0.62. The firm has a market capitalization of $681.77 billion, a price-to-earnings ratio of 55.36, a PEG ratio of 2.96 and a beta of 1.51. The stock has a 50 day moving average price of $279.32 and a 200 day moving average price of $231.30. Oracle Corporation has a 52-week low of $118.86 and a 52-week high of $345.72.

Oracle (NYSE:ORCL) last released its quarterly earnings data on Tuesday, September 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing the consensus estimate of $1.48 by ($0.01). The firm had revenue of $14.93 billion for the quarter, compared to analysts’ expectations of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.The company’s revenue for the quarter was up 12.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Sell-side analysts expect 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 issued a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Thursday, October 9th. Oracle’s payout ratio is presently 46.30%.

Wall Street Analyst Weigh In

A number of research firms have weighed in on ORCL. Cowen reiterated a “buy” rating on shares of Oracle in a research report on Friday, October 17th. UBS Group upped their price target on shares of Oracle from $360.00 to $380.00 and gave the company a “buy” rating in a report on Friday, October 17th. Stifel Nicolaus raised their price objective on shares of Oracle from $250.00 to $350.00 and gave the stock a “buy” rating in a research note on Wednesday, September 10th. Baird R W raised Oracle to a “strong-buy” rating in a research note on Wednesday, October 8th. Finally, Robert W. Baird started coverage on Oracle in a report on Wednesday, October 8th. They issued an “outperform” rating and a $365.00 price target on the stock. Three research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, Oracle has an average rating of “Moderate Buy” and an average price target of $323.69.

Insider Activity at Oracle

In other Oracle news, EVP Stuart Levey sold 19,758 shares of the firm’s stock in a transaction dated Friday, October 10th. The shares were sold at an average price of $300.00, for a total transaction of $5,927,400.00. Following the transaction, the executive vice president owned 18,429 shares of the company’s stock, valued at approximately $5,528,700. This trade represents a 51.74% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Clayton M. Magouyrk sold 40,000 shares of the business’s stock in a transaction dated Tuesday, October 21st. The shares were sold at an average price of $276.64, for a total transaction of $11,065,600.00. Following the completion of the sale, the chief executive officer owned 154,030 shares of the company’s stock, valued at approximately $42,610,859.20. This represents a 20.62% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 204,254 shares of company stock worth $60,227,807 over the last quarter. 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.