Dixon Mitchell Investment Counsel Inc. Has $14.32 Million Stake in Oracle Corporation $ORCL

Dixon Mitchell Investment Counsel Inc. lifted its holdings in shares of Oracle Corporation (NYSE:ORCL) by 3.8% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 64,864 shares of the enterprise software provider’s stock after acquiring an additional 2,363 shares during the quarter. Dixon Mitchell Investment Counsel Inc.’s holdings in Oracle were worth $14,324,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in ORCL. Winnow Wealth LLC bought a new position in Oracle in the 2nd quarter valued at about $28,000. LGT Financial Advisors LLC bought a new stake in shares of Oracle during the second quarter worth approximately $33,000. Legend Financial Advisors Inc. acquired a new position in shares of Oracle in the second quarter valued at approximately $34,000. HighMark Wealth Management LLC bought a new position in shares of Oracle during the second quarter worth approximately $38,000. Finally, Moser Wealth Advisors LLC lifted its holdings in Oracle by 1,770.0% during the 2nd quarter. Moser Wealth Advisors LLC now owns 187 shares of the enterprise software provider’s stock worth $41,000 after purchasing an additional 177 shares during the last quarter. Institutional investors own 42.44% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have commented on the company. Barclays upped their price objective on Oracle from $367.00 to $400.00 and gave the company an “overweight” rating in a report on Friday, October 17th. Stephens upped their price target on shares of Oracle from $208.00 to $331.00 and gave the company an “equal weight” rating in a research note on Friday, October 17th. BNP Paribas set a $377.00 price target on shares of Oracle in a research report on Wednesday, September 10th. Berenberg Bank boosted their price objective on shares of Oracle from $202.00 to $306.00 and gave the company a “hold” rating in a report on Monday, September 15th. Finally, JPMorgan Chase & Co. raised their target price on shares of Oracle from $185.00 to $210.00 and gave the stock a “neutral” rating in a report on Monday, September 8th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $324.89.

Insider Activity at Oracle

In other Oracle news, Director Jeffrey Berg sold 49,365 shares of the business’s stock in a transaction dated Tuesday, October 28th. The stock was sold at an average price of $283.02, for a total transaction of $13,971,282.30. Following the completion of the transaction, the director owned 151,999 shares of the company’s stock, valued at approximately $43,018,756.98. The trade was a 24.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Clayton M. Magouyrk sold 40,000 shares of the stock in a transaction dated Tuesday, October 21st. The stock was sold at an average price of $276.64, for a total transaction of $11,065,600.00. Following the completion of the transaction, the chief executive officer directly owned 154,030 shares of the company’s stock, valued at $42,610,859.20. This trade represents a 20.62% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 204,254 shares of company stock worth $60,227,807 in the last three months. Insiders own 40.90% of the company’s stock.

Oracle Stock Performance

Shares of Oracle stock opened at $201.57 on Friday. 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 cap of $574.62 billion, a PE ratio of 46.66, a price-to-earnings-growth ratio of 2.96 and a beta of 1.51. The company has a 50 day moving average of $262.79 and a 200-day moving average of $237.85. Oracle Corporation has a 1-year low of $118.86 and a 1-year high of $345.72.

Oracle (NYSE:ORCL) last announced its quarterly earnings data on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.01). Oracle had a net margin of 21.08% and a return on equity of 72.93%. The firm had revenue of $14.93 billion during the quarter, compared to the consensus estimate of $15.04 billion. During the same period last year, the business earned $1.39 earnings per share. The business’s revenue was up 12.2% compared to the same quarter last year. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, equities 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 was paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th were issued a dividend of $0.50 per share. The ex-dividend date of this dividend was Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.0%. Oracle’s payout ratio is 46.30%.

Oracle 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.