Meitav Investment House Ltd. Buys 96,790 Shares of Oracle Corporation $ORCL

Meitav Investment House Ltd. lifted its holdings in shares of Oracle Corporation (NYSE:ORCL) by 27.0% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 455,534 shares of the enterprise software provider’s stock after purchasing an additional 96,790 shares during the period. Oracle accounts for 1.5% of Meitav Investment House Ltd.’s holdings, making the stock its 21st biggest holding. Meitav Investment House Ltd.’s holdings in Oracle were worth $99,543,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of ORCL. Brighton Jones LLC lifted its holdings in Oracle by 189.3% in the fourth quarter. Brighton Jones LLC now owns 153,580 shares of the enterprise software provider’s stock valued at $25,593,000 after buying an additional 100,494 shares during the period. Revolve Wealth Partners LLC increased its position 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 acquiring an additional 404 shares in the last quarter. Park Avenue Securities LLC increased its position in shares of Oracle by 19.2% during the first quarter. Park Avenue Securities LLC now owns 34,686 shares of the enterprise software provider’s stock worth $4,849,000 after acquiring an additional 5,591 shares in the last quarter. Wedge Capital Management L L P NC grew its position in Oracle by 4.0% in the 1st quarter. Wedge Capital Management L L P NC now owns 2,871 shares of the enterprise software provider’s stock worth $401,000 after purchasing an additional 110 shares in the last quarter. Finally, Courier Capital LLC grew its position in Oracle by 8.2% in the 1st quarter. Courier Capital LLC now owns 67,675 shares of the enterprise software provider’s stock worth $9,462,000 after purchasing an additional 5,102 shares in the last quarter. Institutional investors and hedge funds own 42.44% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on ORCL shares. JMP Securities reissued a “market outperform” rating and set a $342.00 target price on shares of Oracle in a research report on Wednesday, September 24th. CIBC restated a “buy” rating on shares of Oracle in a research note on Monday, June 9th. DA Davidson upped their price target 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. Stifel Nicolaus upped their price target on shares of Oracle from $250.00 to $350.00 and gave the company a “buy” rating in a research note on Wednesday, September 10th. Finally, William Blair restated an “outperform” rating on shares of Oracle in a research note on Monday, September 22nd. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, Oracle currently has an average rating of “Moderate Buy” and a consensus target price of $304.71.

Oracle Price Performance

Shares of Oracle stock opened at $291.77 on Tuesday. The firm has a market cap of $831.77 billion, a PE ratio of 67.54, a price-to-earnings-growth ratio of 3.08 and a beta of 1.53. Oracle Corporation has a 12-month low of $118.86 and a 12-month 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 company’s fifty day simple moving average is $263.41 and its two-hundred day simple moving average is $206.82.

Oracle (NYSE:ORCL) last posted its earnings results 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 company had revenue of $14.93 billion during the quarter, compared to analysts’ expectations of $15.04 billion. During the same period in the prior year, the business posted $1.39 earnings per share. The company’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. As a group, equities analysts expect that Oracle Corporation will post 5 EPS for the current year.

Oracle Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th will be given a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, October 9th. Oracle’s dividend payout ratio (DPR) is currently 46.30%.

Insider Activity at Oracle

In other news, Director William G. Parrett sold 11,500 shares of the firm’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 sale, the director directly owned 17,764 shares of the company’s stock, valued at approximately $5,435,784. This trade represents a 39.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Clayton M. Magouyrk sold 21,241 shares of Oracle stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $297.11, for a total transaction of $6,310,913.51. Following the transaction, the insider directly owned 78,000 shares of the company’s stock, valued at approximately $23,174,580. This trade represents a 21.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 104,314 shares of company stock valued at $31,272,223. 40.90% of the stock is currently owned by company insiders.

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.