Kinsale Capital Group Inc. Increases Stock Holdings in Oracle Corporation $ORCL

Kinsale Capital Group Inc. increased its position in shares of Oracle Corporation (NYSE:ORCL) by 9.8% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 71,924 shares of the enterprise software provider’s stock after purchasing an additional 6,449 shares during the quarter. Oracle comprises approximately 3.2% of Kinsale Capital Group Inc.’s portfolio, making the stock its 3rd biggest holding. Kinsale Capital Group Inc.’s holdings in Oracle were worth $15,725,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its stake in Oracle by 189.3% in the 4th quarter. Brighton Jones LLC now owns 153,580 shares of the enterprise software provider’s stock worth $25,593,000 after purchasing an additional 100,494 shares in the last quarter. Revolve Wealth Partners LLC increased its holdings in shares of Oracle by 8.1% during the fourth quarter. Revolve Wealth Partners LLC now owns 5,418 shares of the enterprise software provider’s stock worth $903,000 after purchasing an additional 404 shares during the period. CFO4Life Group LLC raised its position in shares of Oracle by 3.9% in the first quarter. CFO4Life Group LLC now owns 2,571 shares of the enterprise software provider’s stock valued at $359,000 after buying an additional 97 shares in the last quarter. Alps Advisors Inc. boosted its stake in shares of Oracle by 10.8% in the first quarter. Alps Advisors Inc. now owns 51,854 shares of the enterprise software provider’s stock valued at $7,250,000 after buying an additional 5,070 shares during the period. Finally, Cerity Partners LLC grew its position in Oracle by 20.4% during the first quarter. Cerity Partners LLC now owns 1,021,466 shares of the enterprise software provider’s stock worth $142,841,000 after buying an additional 173,315 shares in the last quarter. 42.44% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on ORCL shares. Redburn Partners set a $175.00 price objective on Oracle in a report on Thursday, September 25th. Scotiabank boosted their price target on Oracle from $350.00 to $360.00 and gave the company an “outperform” rating in a research note on Friday, October 17th. Cantor Fitzgerald increased their price objective on shares of Oracle from $271.00 to $400.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 10th. Melius Research raised their target price on shares of Oracle from $270.00 to $370.00 and gave the company a “buy” rating in a report on Wednesday, September 10th. Finally, Stifel Nicolaus upped their price target on shares of Oracle from $250.00 to $350.00 and gave the stock a “buy” rating in a report on Wednesday, September 10th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Oracle currently has a consensus rating of “Moderate Buy” and a consensus price target of $323.69.

Oracle Stock Performance

Shares of Oracle stock opened at $239.15 on Friday. The company has a debt-to-equity ratio of 3.33, a current ratio of 0.62 and a quick ratio of 0.62. Oracle Corporation has a fifty-two week low of $118.86 and a fifty-two week high of $345.72. The firm has a market capitalization of $681.77 billion, a P/E ratio of 55.36, a P/E/G ratio of 2.96 and a beta of 1.51. The company’s 50 day moving average price is $279.32 and its two-hundred day moving average price is $229.88.

Oracle (NYSE:ORCL) last issued its 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). The firm had revenue of $14.93 billion during the quarter, compared to analyst estimates of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.Oracle’s revenue for the quarter was up 12.2% on a year-over-year basis. During the same period in the previous year, the company earned $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, equities analysts forecast that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th were given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date was Thursday, October 9th. Oracle’s payout ratio is 46.30%.

Insiders Place Their Bets

In other Oracle news, 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 sale, the chief executive officer directly owned 154,030 shares in the company, valued at approximately $42,610,859.20. This trade represents a 20.62% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Naomi O. Seligman sold 2,222 shares of the firm’s stock in a transaction that occurred on Friday, September 26th. The stock was sold at an average price of $288.91, for a total value of $641,958.02. Following the sale, the director directly owned 29,225 shares of the company’s stock, valued at $8,443,394.75. This represents a 7.07% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 204,254 shares of company stock valued at $60,227,807 over the last three months. Insiders own 40.90% 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.