Capital City Trust Co. FL Trims Stock Position in Oracle Corporation $ORCL

Capital City Trust Co. FL cut its stake in Oracle Corporation (NYSE:ORCL) by 3.9% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 38,358 shares of the enterprise software provider’s stock after selling 1,574 shares during the quarter. Oracle comprises about 2.2% of Capital City Trust Co. FL’s holdings, making the stock its 11th biggest holding. Capital City Trust Co. FL’s holdings in Oracle were worth $8,386,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently modified their holdings of the stock. Redmont Wealth Advisors LLC bought a new stake in Oracle during the 1st quarter valued at approximately $27,000. Inlight Wealth Management LLC purchased a new position in shares of Oracle in the 1st quarter valued at approximately $28,000. Iron Horse Wealth Management LLC grew its stake in Oracle by 284.9% in the first quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider’s stock worth $29,000 after purchasing an additional 151 shares during the period. Legend Financial Advisors Inc. purchased a new stake in Oracle in the second quarter worth $34,000. Finally, HighMark Wealth Management LLC purchased a new position in Oracle during the second quarter valued at $38,000. Institutional investors own 42.44% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on ORCL shares. JPMorgan Chase & Co. upped their target price on shares of Oracle from $185.00 to $210.00 and gave the stock a “neutral” rating in a research report on Monday, September 8th. Mizuho upped their price objective on shares of Oracle from $300.00 to $350.00 and gave the stock an “outperform” rating in a report on Wednesday, September 10th. Cowen reiterated a “buy” rating and set a $375.00 target price on shares of Oracle in a report on Wednesday, September 10th. Westpark Capital boosted their price target on Oracle from $195.00 to $246.00 and gave the stock a “buy” rating in a research report on Thursday, June 12th. Finally, Berenberg Bank raised their price objective on Oracle from $202.00 to $306.00 and gave the company a “hold” rating in a research report on Monday, September 15th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $304.71.

Oracle Stock Down 0.9%

Oracle stock opened at $286.23 on Friday. Oracle Corporation has a 12 month low of $118.86 and a 12 month high of $345.72. The stock has a fifty day simple moving average of $262.53 and a two-hundred day simple moving average of $205.48. 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 firm has a market cap of $815.99 billion, a price-to-earnings ratio of 66.26, a PEG ratio of 3.08 and a beta of 1.53.

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 business had revenue of $14.93 billion for the quarter, compared to analysts’ expectations of $15.04 billion. During the same period last year, the business earned $1.39 earnings per share. The company’s quarterly revenue was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Equities analysts predict that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Announces Dividend

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

Insider Activity

In related news, insider Clayton M. Magouyrk sold 21,241 shares of the stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $297.11, for a total transaction of $6,310,913.51. Following the transaction, the insider owned 78,000 shares in the company, valued at $23,174,580. This represents a 21.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director William G. Parrett sold 11,500 shares of Oracle stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $306.00, for a total transaction 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 approximately $5,435,784. This trade represents a 39.30% decrease in their position. The disclosure for this sale can be found here. Insiders sold 104,314 shares of company stock valued at $31,272,223 over the last three months. Corporate insiders own 42.20% of the company’s stock.

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.