IFP Advisors Inc Raises Stake in Oracle Corporation $ORCL

IFP Advisors Inc raised its position in Oracle Corporation (NYSE:ORCL) by 17.2% in the second quarter, Holdings Channel reports. The fund owned 47,280 shares of the enterprise software provider’s stock after buying an additional 6,952 shares during the period. IFP Advisors Inc’s holdings in Oracle were worth $10,447,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the company. Nuveen LLC acquired a new position in Oracle in the 1st quarter valued at $732,692,000. Vanguard Group Inc. increased its stake in 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 buying an additional 3,513,464 shares during the period. Kingstone Capital Partners Texas LLC acquired a new position in Oracle in the 2nd quarter valued at $731,512,000. Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in Oracle by 79.2% in the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 4,638,951 shares of the enterprise software provider’s stock valued at $648,572,000 after buying an additional 2,049,687 shares during the period. Finally, Assenagon Asset Management S.A. increased its stake in Oracle by 840.7% in the 2nd quarter. Assenagon Asset Management S.A. now owns 2,119,473 shares of the enterprise software provider’s stock valued at $463,380,000 after buying an additional 1,894,157 shares during the period. Hedge funds and other institutional investors own 42.44% of the company’s stock.

Insider Activity

In related news, Director William G. Parrett sold 11,500 shares of the business’s stock in a transaction dated 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 owned 17,764 shares of the company’s stock, valued at approximately $5,435,784. The trade was a 39.30% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Michael D. Sicilia sold 33,845 shares of the business’s stock in a transaction dated Tuesday, September 23rd. The shares were sold at an average price of $321.16, for a total transaction of $10,869,660.20. Following the completion of the transaction, the insider directly owned 132,656 shares of the company’s stock, valued at $42,603,800.96. The trade was a 20.33% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 104,314 shares of company stock worth $31,272,223. Company insiders own 40.90% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the stock. DA Davidson boosted their price objective on shares of Oracle from $220.00 to $300.00 and gave the company a “neutral” rating in a research note on Wednesday, September 10th. Rothschild & Co Redburn assumed coverage on shares of Oracle in a research report on Thursday, September 25th. They set a “sell” rating and a $175.00 target price on the stock. Royal Bank Of Canada boosted their target price on shares of Oracle from $145.00 to $195.00 and gave the stock a “sector perform” rating in a research report on Thursday, June 12th. Scotiabank restated an “outperform” rating on shares of Oracle in a research report on Wednesday, September 10th. Finally, Mizuho boosted their target price 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. Two analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $306.43.

Oracle Price Performance

Oracle stock opened at $296.95 on Friday. Oracle Corporation has a 52 week low of $118.86 and a 52 week high of $345.72. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 3.33. The firm’s 50-day simple moving average is $265.72 and its 200 day simple moving average is $208.90. The firm has a market capitalization of $846.54 billion, a PE ratio of 68.74, a P/E/G ratio of 3.11 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 return on equity of 72.93% and a net margin of 21.08%.The business had revenue of $14.93 billion during the quarter, compared to analysts’ expectations of $15.04 billion. During the same quarter in the prior year, the firm earned $1.39 earnings per share. Oracle’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. On average, equities research analysts predict that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Investors 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 yield of 0.7%. Oracle’s payout ratio is presently 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.