Abel Hall LLC Boosts Holdings in Oracle Corporation $ORCL

Abel Hall LLC boosted its position in Oracle Corporation (NYSE:ORCLFree Report) by 16.3% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,144 shares of the enterprise software provider’s stock after buying an additional 300 shares during the period. Abel Hall LLC’s holdings in Oracle were worth $469,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. REAP Financial Group LLC boosted its position in shares of Oracle by 22.3% during the 2nd quarter. REAP Financial Group LLC now owns 1,225 shares of the enterprise software provider’s stock worth $268,000 after purchasing an additional 223 shares in the last quarter. Sax Wealth Advisors LLC boosted its position in shares of Oracle by 2.5% during the 2nd quarter. Sax Wealth Advisors LLC now owns 4,201 shares of the enterprise software provider’s stock worth $919,000 after purchasing an additional 104 shares in the last quarter. WestEnd Advisors LLC boosted its position in shares of Oracle by 478,790.2% during the 2nd quarter. WestEnd Advisors LLC now owns 244,234 shares of the enterprise software provider’s stock worth $53,397,000 after purchasing an additional 244,183 shares in the last quarter. 1 North Wealth Services LLC boosted its position in shares of Oracle by 1.6% during the 2nd quarter. 1 North Wealth Services LLC now owns 13,428 shares of the enterprise software provider’s stock worth $2,936,000 after purchasing an additional 211 shares in the last quarter. Finally, First Financial Group Corp purchased a new stake in shares of Oracle during the 2nd quarter worth $208,000. 42.44% of the stock is currently owned by hedge funds and other institutional investors.

Oracle Trading Down 2.4%

Shares of ORCL stock opened at $284.46 on Wednesday. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.33. The company has a market capitalization of $810.94 billion, a price-to-earnings ratio of 65.85, a PEG ratio of 3.14 and a beta of 1.53. The firm has a 50-day moving average price of $264.10 and a 200 day moving average price of $207.36. Oracle Corporation has a twelve month low of $118.86 and a twelve month high of $345.72.

Oracle (NYSE:ORCLGet Free Report) last posted its quarterly earnings results 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 business had revenue of $14.93 billion during the quarter, compared to analysts’ expectations of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. The firm’s quarterly revenue was up 12.2% compared to the same quarter last year. During the same quarter last year, the firm earned $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Research analysts forecast that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th will be issued a $0.50 dividend. The ex-dividend date is Thursday, October 9th. This represents a $2.00 annualized dividend and a yield of 0.7%. Oracle’s payout ratio is 46.30%.

Insiders Place Their Bets

In other news, insider Michael D. Sicilia sold 33,845 shares of the business’s stock in a transaction dated Tuesday, September 23rd. The stock was sold at an average price of $321.16, for a total transaction of $10,869,660.20. Following the completion of the sale, the insider owned 132,656 shares in the company, valued at approximately $42,603,800.96. The trade was a 20.33% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director William G. Parrett sold 11,500 shares of the business’s stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $306.00, for a total value of $3,519,000.00. Following the sale, the director owned 17,764 shares of the company’s stock, valued at $5,435,784. The trade was a 39.30% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 104,314 shares of company stock worth $31,272,223 over the last 90 days. Corporate insiders own 40.90% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have commented on ORCL shares. Westpark Capital boosted their target price on shares of Oracle from $195.00 to $246.00 and gave the stock a “buy” rating in a research report on Thursday, June 12th. Bank of America upgraded shares of Oracle from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $295.00 to $368.00 in a research report on Wednesday, September 10th. Redburn Partners set a $175.00 price target on Oracle in a research note on Thursday, September 25th. Barclays lifted their price target on Oracle from $221.00 to $281.00 and gave the stock an “overweight” rating in a research note on Monday, September 8th. Finally, Jefferies Financial Group lifted their price target on Oracle from $270.00 to $360.00 and gave the stock a “buy” rating in a research note on Wednesday, September 10th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $304.71.

Get Our Latest Stock Report on Oracle

Oracle Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Oracle (NYSE:ORCL)

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