Cascade Financial Partners LLC Purchases Shares of 1,138 Oracle Corporation $ORCL

Cascade Financial Partners LLC purchased a new stake in shares of Oracle Corporation (NYSE:ORCL) in the 2nd quarter, Holdings Channel reports. The fund purchased 1,138 shares of the enterprise software provider’s stock, valued at approximately $249,000.

Several other institutional investors have also recently made changes to their positions in ORCL. Snider Financial Group raised its position in Oracle by 1.3% in the second quarter. Snider Financial Group now owns 3,204 shares of the enterprise software provider’s stock worth $701,000 after acquiring an additional 40 shares during the period. SNS Financial Group LLC raised its holdings in Oracle by 0.9% in the 2nd quarter. SNS Financial Group LLC now owns 4,896 shares of the enterprise software provider’s stock worth $1,070,000 after purchasing an additional 42 shares during the period. Reyes Financial Architecture Inc. lifted its position in Oracle by 7.2% during the second quarter. Reyes Financial Architecture Inc. now owns 643 shares of the enterprise software provider’s stock valued at $141,000 after purchasing an additional 43 shares in the last quarter. Creative Capital Management Investments LLC lifted its position in Oracle by 5.7% during the second quarter. Creative Capital Management Investments LLC now owns 798 shares of the enterprise software provider’s stock valued at $174,000 after purchasing an additional 43 shares in the last quarter. Finally, MFA Wealth Services grew its holdings in Oracle by 1.0% during the second quarter. MFA Wealth Services now owns 4,563 shares of the enterprise software provider’s stock valued at $998,000 after purchasing an additional 43 shares during the period. Institutional investors own 42.44% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on ORCL shares. Scotiabank lifted their price objective on Oracle from $350.00 to $360.00 and gave the company an “outperform” rating in a research report on Friday, October 17th. Baird R W upgraded shares of Oracle to a “strong-buy” rating in a research note on Wednesday, October 8th. Morgan Stanley upped their price target on shares of Oracle from $246.00 to $320.00 and gave the stock an “equal weight” rating in a research report on Tuesday, September 23rd. The Goldman Sachs Group restated a “neutral” rating and set a $320.00 price objective on shares of Oracle in a research report on Monday, October 20th. Finally, Berenberg Bank lifted their target price on shares of Oracle from $202.00 to $306.00 and gave the company a “hold” rating in a research note on Monday, September 15th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $323.69.

Insider Buying and Selling

In related news, CEO Clayton M. Magouyrk sold 40,000 shares of the company’s stock in a transaction on 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 sale, the chief executive officer owned 154,030 shares of the company’s stock, valued at $42,610,859.20. This represents a 20.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Jeffrey Berg sold 49,365 shares of the stock in a transaction on Tuesday, October 28th. The shares were sold at an average price of $283.02, for a total transaction of $13,971,282.30. Following the transaction, the director owned 151,999 shares of the company’s stock, valued at $43,018,756.98. This trade represents a 24.52% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 204,254 shares of company stock valued at $60,227,807 in the last three months. Corporate insiders own 40.90% of the company’s stock.

Oracle Stock Performance

Shares of NYSE ORCL opened at $235.95 on Wednesday. The company has a market cap of $672.64 billion, a P/E ratio of 54.62, a P/E/G ratio of 2.96 and a beta of 1.51. Oracle Corporation has a 52-week low of $118.86 and a 52-week high of $345.72. 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’s fifty day moving average is $279.83 and its two-hundred day moving average is $232.71.

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). 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 the consensus estimate of $15.04 billion. During the same period last year, the company earned $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. As a group, 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 was paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th were given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date was Thursday, October 9th. Oracle’s dividend payout ratio is currently 46.30%.

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.