10,523 Shares in Oracle Corporation $ORCL Bought by Wealth Enhancement Trust Services Inc.

Wealth Enhancement Trust Services Inc. bought a new position in shares of Oracle Corporation (NYSE:ORCLFree Report) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 10,523 shares of the enterprise software provider’s stock, valued at approximately $2,051,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in ORCL. Kampmann Melissa S. grew its position in shares of Oracle by 0.3% in the 3rd quarter. Kampmann Melissa S. now owns 11,910 shares of the enterprise software provider’s stock valued at $3,350,000 after purchasing an additional 35 shares during the period. Mine & Arao Wealth Creation & Management LLC. increased its stake in Oracle by 0.7% during the 3rd quarter. Mine & Arao Wealth Creation & Management LLC. now owns 5,281 shares of the enterprise software provider’s stock worth $1,485,000 after purchasing an additional 36 shares in the last quarter. Voisard Asset Management Group Inc. raised its holdings in Oracle by 3.4% during the 3rd quarter. Voisard Asset Management Group Inc. now owns 1,127 shares of the enterprise software provider’s stock worth $317,000 after buying an additional 37 shares during the period. Avion Wealth raised its holdings in Oracle by 16.6% during the 3rd quarter. Avion Wealth now owns 260 shares of the enterprise software provider’s stock worth $73,000 after buying an additional 37 shares during the period. Finally, Warren Street Wealth Advisors LLC lifted its stake in Oracle by 0.7% in the third quarter. Warren Street Wealth Advisors LLC now owns 5,700 shares of the enterprise software provider’s stock valued at $1,603,000 after buying an additional 38 shares in the last quarter. 42.44% of the stock is owned by institutional investors and hedge funds.

Key Oracle News

Here are the key news stories impacting Oracle this week:

Analyst Ratings Changes

Several research firms have recently weighed in on ORCL. DA Davidson upped their price target on shares of Oracle from $180.00 to $200.00 and gave the company a “buy” rating in a report on Wednesday, March 11th. Melius Research set a $160.00 price objective on shares of Oracle in a research report on Monday, February 9th. Piper Sandler reduced their target price on shares of Oracle from $240.00 to $210.00 and set an “overweight” rating for the company in a research note on Wednesday, March 11th. Citizens Jmp lowered their target price on Oracle from $342.00 to $285.00 and set a “market outperform” rating for the company in a report on Thursday, February 5th. Finally, Bank of America initiated coverage on Oracle in a research note on Tuesday, March 24th. They issued a “buy” rating and a $200.00 price target on the stock. Three investment analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $260.71.

Get Our Latest Analysis on Oracle

Oracle Stock Performance

Shares of NYSE ORCL opened at $175.08 on Friday. The company has a debt-to-equity ratio of 3.66, a quick ratio of 1.35 and a current ratio of 1.35. The stock has a 50 day moving average price of $152.10 and a 200 day moving average price of $196.44. The stock has a market capitalization of $503.54 billion, a PE ratio of 31.43, a price-to-earnings-growth ratio of 1.70 and a beta of 1.60. Oracle Corporation has a 52 week low of $121.24 and a 52 week high of $345.72.

Oracle (NYSE:ORCLGet Free Report) last posted its quarterly 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 firm 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 quarter in the previous year, the firm earned $1.47 EPS. Oracle has set its Q4 2026 guidance at 1.960-2.000 EPS. Analysts predict that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, April 24th. Shareholders of record on Thursday, April 9th will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Thursday, April 9th. Oracle’s dividend payout ratio is 35.91%.

Insider Buying and Selling

In other Oracle news, CEO Clayton M. Magouyrk sold 10,000 shares of the stock in a transaction on Monday, February 9th. The shares were sold at an average price of $155.23, for a total value of $1,552,300.00. Following the completion of the sale, the chief executive officer owned 134,030 shares in the company, valued at $20,805,476.90. This trade represents a 6.94% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 40.90% of the stock is currently owned by corporate insiders.

Oracle Profile

(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.

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Institutional Ownership by Quarter for Oracle (NYSE:ORCL)

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