L.M. Kohn & Company Sells 299 Shares of Oracle Corporation $ORCL

L.M. Kohn & Company decreased its holdings in Oracle Corporation (NYSE:ORCL) by 1.6% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 18,429 shares of the enterprise software provider’s stock after selling 299 shares during the quarter. Oracle accounts for about 1.1% of L.M. Kohn & Company’s investment portfolio, making the stock its 19th largest position. L.M. Kohn & Company’s holdings in Oracle were worth $4,029,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in ORCL. Vanguard Group Inc. lifted its position in Oracle by 2.2% during the first quarter. Vanguard Group Inc. now owns 160,925,413 shares of the enterprise software provider’s stock valued at $22,498,982,000 after purchasing an additional 3,513,464 shares in the last quarter. Northern Trust Corp increased its position in Oracle by 0.6% in the first quarter. Northern Trust Corp now owns 19,741,423 shares of the enterprise software provider’s stock worth $2,760,048,000 after buying an additional 120,889 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Oracle by 0.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 13,884,524 shares of the enterprise software provider’s stock worth $1,941,195,000 after buying an additional 59,164 shares during the period. Amundi lifted its position in shares of Oracle by 3.3% during the 1st quarter. Amundi now owns 12,736,855 shares of the enterprise software provider’s stock valued at $1,749,280,000 after buying an additional 409,691 shares in the last quarter. Finally, Polen Capital Management LLC lifted its position in shares of Oracle by 17.6% during the 1st quarter. Polen Capital Management LLC now owns 12,609,101 shares of the enterprise software provider’s stock valued at $1,762,878,000 after buying an additional 1,885,370 shares in the last quarter. 42.44% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Oracle news, Director Naomi O. Seligman sold 2,222 shares of Oracle stock in a transaction on Friday, September 26th. The shares were 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 in the company, valued at approximately $8,443,394.75. The trade was a 7.07% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Michael D. Sicilia sold 33,845 shares of Oracle stock in a transaction on 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 sale, the insider owned 132,656 shares in the company, valued at approximately $42,603,800.96. This represents a 20.33% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 170,769 shares of company stock worth $50,297,667 in the last 90 days. 40.90% of the stock is owned by company insiders.

Oracle Stock Performance

Shares of NYSE ORCL opened at $280.85 on Wednesday. The company has a debt-to-equity ratio of 3.33, a quick ratio of 0.62 and a current ratio of 0.62. The company has a market cap of $800.65 billion, a P/E ratio of 65.01, a P/E/G ratio of 3.02 and a beta of 1.53. The firm’s fifty day moving average is $276.17 and its two-hundred day moving average is $223.63. Oracle Corporation has a 52-week low of $118.86 and a 52-week high of $345.72.

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). The company had revenue of $14.93 billion during the quarter, compared to the consensus estimate of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. The business’s revenue was up 12.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, analysts anticipate that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th were issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Thursday, October 9th. Oracle’s payout ratio is currently 46.30%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. Bank of America raised shares of Oracle from a “neutral” rating to a “buy” rating and increased their target price for the stock from $295.00 to $368.00 in a report on Wednesday, September 10th. Sanford C. Bernstein increased their price objective on shares of Oracle from $363.00 to $364.00 and gave the stock an “outperform” rating in a research note on Friday, September 26th. UBS Group raised their price objective on shares of Oracle from $360.00 to $380.00 and gave the company a “buy” rating in a research report on Friday, October 17th. Morgan Stanley lifted their target price on shares of Oracle from $246.00 to $320.00 and gave the company an “equal weight” rating in a research note on Tuesday, September 23rd. Finally, Jefferies Financial Group lifted their target price on shares of Oracle from $360.00 to $400.00 and gave the company a “buy” rating in a research note on Friday, October 17th. Three research analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $323.69.

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.