Brokerages Set Oracle Corporation (NYSE:ORCL) Price Target at $323.69

Shares of Oracle Corporation (NYSE:ORCL) have been given a consensus rating of “Moderate Buy” by the forty-one brokerages that are currently covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, ten have given a hold recommendation, twenty-six have assigned a buy recommendation and three have given a strong buy recommendation to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $323.6857.

Several equities research analysts have weighed in on the company. Barclays upped their price target on Oracle from $367.00 to $400.00 and gave the stock an “overweight” rating in a report on Friday, October 17th. Robert W. Baird started coverage on Oracle in a report on Wednesday, October 8th. They issued an “outperform” rating and a $365.00 price objective on the stock. Melius Research increased their price objective on Oracle from $270.00 to $370.00 and gave the company a “buy” rating in a report on Wednesday, September 10th. Bank of America upgraded Oracle from a “neutral” rating to a “buy” rating and increased their price objective for the company from $295.00 to $368.00 in a report on Wednesday, September 10th. Finally, JPMorgan Chase & Co. increased their price objective on Oracle from $185.00 to $210.00 and gave the company a “neutral” rating in a report on Monday, September 8th.

Insiders Place Their Bets

In related news, Director William G. Parrett sold 11,500 shares of the company’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 completion of the sale, the director directly owned 17,764 shares of the company’s stock, valued at $5,435,784. This represents a 39.30% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Jeffrey Berg sold 49,365 shares of the company’s stock in a transaction dated Tuesday, October 28th. The shares were sold at an average price of $283.02, for a total value of $13,971,282.30. Following the completion of the sale, the director directly owned 151,999 shares of the company’s stock, valued at approximately $43,018,756.98. This trade represents a 24.52% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 220,134 shares of company stock worth $64,268,949. 40.90% of the stock is currently owned by company insiders.

Institutional Trading of Oracle

A number of large investors have recently made changes to their positions in ORCL. Norges Bank acquired a new stake in shares of Oracle in the 2nd quarter valued at about $4,275,378,000. Jennison Associates LLC boosted its position in shares of Oracle by 2,062.4% in the 3rd quarter. Jennison Associates LLC now owns 9,227,252 shares of the enterprise software provider’s stock valued at $2,595,072,000 after purchasing an additional 8,800,546 shares during the period. Nuveen LLC acquired a new stake in shares of Oracle in the 1st quarter valued at about $732,692,000. Vanguard Group Inc. boosted its position in shares of Oracle by 2.2% in the 1st quarter. Vanguard Group Inc. now owns 160,925,413 shares of the enterprise software provider’s stock valued at $22,498,982,000 after purchasing an additional 3,513,464 shares during the period. Finally, Kingstone Capital Partners Texas LLC acquired a new stake in shares of Oracle in the 2nd quarter valued at about $731,512,000. 42.44% of the stock is owned by institutional investors and hedge funds.

Oracle Price Performance

Shares of NYSE ORCL opened at $262.60 on Friday. The stock’s 50-day moving average is $277.97 and its two-hundred day moving average is $225.74. The company has a debt-to-equity ratio of 3.33, a current ratio of 0.62 and a quick ratio of 0.62. Oracle has a 1-year low of $118.86 and a 1-year high of $345.72. The company has a market cap of $748.62 billion, a price-to-earnings ratio of 60.79, a price-to-earnings-growth ratio of 2.96 and a beta of 1.53.

Oracle (NYSE:ORCL) last issued its quarterly earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share 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 company had revenue of $14.93 billion for the quarter, compared to analysts’ expectations of $15.04 billion. During the same quarter last year, the company earned $1.39 EPS. Oracle’s revenue for the quarter was up 12.2% compared to the same quarter last year. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Analysts forecast that Oracle will post 5 EPS for the current fiscal year.

Oracle Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th were issued a $0.50 dividend. The ex-dividend date was Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.8%. Oracle’s dividend payout ratio is presently 46.30%.

About Oracle

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.