Fulton Breakefield Broenniman LLC Lowers Position in Oracle Corporation $ORCL

Fulton Breakefield Broenniman LLC lowered its position in shares of Oracle Corporation (NYSE:ORCL) by 4.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,720 shares of the enterprise software provider’s stock after selling 120 shares during the period. Fulton Breakefield Broenniman LLC’s holdings in Oracle were worth $595,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Redmont Wealth Advisors LLC bought a new stake in Oracle during the first quarter worth about $27,000. Inlight Wealth Management LLC bought a new stake in Oracle during the first quarter worth about $28,000. Iron Horse Wealth Management LLC lifted its stake in Oracle by 284.9% during 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 last quarter. Legend Financial Advisors Inc. bought a new stake in Oracle during the second quarter worth about $34,000. Finally, HighMark Wealth Management LLC bought a new stake in Oracle during the second quarter worth about $38,000. Institutional investors own 42.44% of the company’s stock.

Insider Transactions at Oracle

In other Oracle news, Director William G. Parrett sold 11,500 shares of the company’s 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 transaction, the director owned 17,764 shares in the company, valued at approximately $5,435,784. This represents a 39.30% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Michael D. Sicilia sold 33,845 shares of the company’s stock in a transaction that occurred on Tuesday, September 23rd. The stock was sold at an average price of $321.16, for a total value of $10,869,660.20. Following the transaction, the insider owned 132,656 shares in the company, valued at $42,603,800.96. This trade represents a 20.33% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 104,314 shares of company stock worth $31,272,223 over the last quarter. Insiders own 40.90% of the company’s stock.

Oracle Stock Up 1.5%

Shares of NYSE:ORCL opened at $288.48 on Thursday. Oracle Corporation has a 1 year low of $118.86 and a 1 year high of $345.72. The company has a market cap of $822.40 billion, a PE ratio of 66.78, a P/E/G ratio of 3.06 and a beta of 1.53. 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 stock’s 50-day moving average is $264.86 and its 200 day moving average is $207.92.

Oracle (NYSE:ORCL) last announced its quarterly earnings results 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 business had revenue of $14.93 billion for the quarter, compared to analysts’ expectations of $15.04 billion. During the same quarter in the prior year, the firm earned $1.39 EPS. The firm’s revenue for the quarter was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Sell-side analysts anticipate that Oracle Corporation will post 5 EPS for the current year.

Oracle Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th will be issued a dividend of $0.50 per share. 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 dividend payout ratio is 46.30%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on ORCL shares. Piper Sandler lifted their price target on Oracle from $270.00 to $330.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 10th. Royal Bank Of Canada boosted their target price on Oracle from $145.00 to $195.00 and gave the company a “sector perform” rating in a research note on Thursday, June 12th. Redburn Partners set a $175.00 target price on Oracle in a report on Thursday, September 25th. Jefferies Financial Group increased their target price on Oracle from $270.00 to $360.00 and gave the company a “buy” rating in a report on Wednesday, September 10th. Finally, Guggenheim increased their target price on Oracle from $250.00 to $375.00 and gave the company a “buy” rating in a report on Wednesday, September 10th. Two analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, Oracle has a consensus rating of “Moderate Buy” and a consensus target price of $306.43.

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.