Dogwood Wealth Management LLC Has $1.18 Million Position in Oracle Corporation $ORCL

Dogwood Wealth Management LLC reduced its stake in Oracle Corporation (NYSE:ORCL) by 43.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,019 shares of the enterprise software provider’s stock after selling 3,860 shares during the period. Dogwood Wealth Management LLC’s holdings in Oracle were worth $1,177,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Harel Insurance Investments & Financial Services Ltd. boosted its position in shares of Oracle by 71.6% in the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 257,378 shares of the enterprise software provider’s stock valued at $35,984,000 after acquiring an additional 107,404 shares during the period. Lockheed Martin Investment Management Co. boosted its position in shares of Oracle by 4.3% in the first quarter. Lockheed Martin Investment Management Co. now owns 51,350 shares of the enterprise software provider’s stock valued at $7,179,000 after acquiring an additional 2,110 shares during the period. Lockerman Financial Group Inc. bought a new stake in shares of Oracle in the second quarter valued at about $328,000. Elser Financial Planning Inc bought a new stake in shares of Oracle in the second quarter valued at about $1,066,000. Finally, Canoe Financial LP boosted its position in shares of Oracle by 314.8% in the second quarter. Canoe Financial LP now owns 484,098 shares of the enterprise software provider’s stock valued at $105,838,000 after acquiring an additional 367,400 shares during the period. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on ORCL shares. BMO Capital Markets set a $345.00 target price on shares of Oracle in a research report on Wednesday, September 10th. Evercore ISI upped their price objective on shares of Oracle from $270.00 to $340.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 10th. Morgan Stanley upped their price objective on shares of Oracle from $246.00 to $320.00 and gave the stock an “equal weight” rating in a research report on Tuesday, September 23rd. Mizuho upped their price objective on shares of Oracle from $300.00 to $350.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 10th. Finally, JMP Securities reaffirmed a “market outperform” rating and set a $342.00 price objective on shares of Oracle in a research report on Wednesday, September 24th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $304.71.

Oracle Stock Performance

Oracle stock opened at $281.01 on Wednesday. The business has a 50 day moving average of $259.82 and a 200-day moving average of $202.64. Oracle Corporation has a 1 year low of $118.86 and a 1 year high of $345.72. The company has a debt-to-equity ratio of 3.33, a current ratio of 0.62 and a quick ratio of 0.62. The company has a market capitalization of $801.10 billion, a P/E ratio of 65.05, a P/E/G ratio of 3.04 and a beta of 1.46.

Oracle (NYSE:ORCL) last released its quarterly earnings data on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share (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 firm had revenue of $14.93 billion during the quarter, compared to analyst estimates of $15.04 billion. During the same period in the prior year, the company earned $1.39 EPS. The business’s quarterly 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. On average, equities research analysts predict that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Dividend Announcement

The company also recently disclosed 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 of this dividend is Thursday, October 9th. This represents a $2.00 annualized dividend and a dividend yield of 0.7%. Oracle’s dividend payout ratio is currently 46.30%.

Insider Buying and Selling

In other news, Director Naomi O. Seligman sold 3,303 shares of the company’s stock in a transaction that occurred on Wednesday, July 16th. The stock was sold at an average price of $233.32, for a total value of $770,655.96. Following the completion of the transaction, the director owned 31,447 shares of the company’s stock, valued at $7,337,214.04. This represents a 9.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director William G. Parrett sold 11,500 shares of the company’s stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $306.00, for a total value of $3,519,000.00. Following the completion of the transaction, 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 disclosure for this sale can be found here. Insiders have sold a total of 114,314 shares of company stock valued at $33,602,123 over the last three months. Insiders own 42.20% of the company’s stock.

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.