Merit Financial Group LLC Has $16.15 Million Stock Holdings in Oracle Corporation $ORCL

Merit Financial Group LLC increased its position in shares of Oracle Corporation (NYSE:ORCL) by 35.0% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 73,873 shares of the enterprise software provider’s stock after buying an additional 19,139 shares during the quarter. Merit Financial Group LLC’s holdings in Oracle were worth $16,151,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Fortitude Advisory Group L.L.C. grew its position in Oracle by 6.8% during the second quarter. Fortitude Advisory Group L.L.C. now owns 6,223 shares of the enterprise software provider’s stock worth $1,360,000 after buying an additional 395 shares in the last quarter. IVC Wealth Advisors LLC acquired a new stake in Oracle during the second quarter worth about $291,000. Beacon Financial Advisory LLC grew its position in Oracle by 24.9% during the second quarter. Beacon Financial Advisory LLC now owns 5,974 shares of the enterprise software provider’s stock worth $1,306,000 after buying an additional 1,191 shares in the last quarter. Gemmer Asset Management LLC grew its position in Oracle by 5.3% during the second quarter. Gemmer Asset Management LLC now owns 8,043 shares of the enterprise software provider’s stock worth $1,758,000 after buying an additional 408 shares in the last quarter. Finally, Simplicity Wealth LLC grew its position in Oracle by 92.1% during the second quarter. Simplicity Wealth LLC now owns 49,358 shares of the enterprise software provider’s stock worth $10,791,000 after buying an additional 23,668 shares in the last quarter. 42.44% of the stock is owned by institutional investors and hedge funds.

Oracle Stock Performance

NYSE:ORCL opened at $286.23 on Friday. Oracle Corporation has a 1 year low of $118.86 and a 1 year high of $345.72. The firm has a 50 day moving average of $262.53 and a 200-day moving average of $205.48. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.33. The stock has a market capitalization of $815.99 billion, a P/E ratio of 66.26, a price-to-earnings-growth ratio of 3.08 and a beta of 1.53.

Oracle (NYSE:ORCL) last posted 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). Oracle had a net margin of 21.08% and a return on equity of 72.93%. The firm had revenue of $14.93 billion during the quarter, compared to the consensus estimate of $15.04 billion. During the same quarter last year, the firm posted $1.39 EPS. The business’s revenue 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, sell-side analysts anticipate that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 23rd. Investors of record on Thursday, October 9th will be issued a $0.50 dividend. The ex-dividend date of this dividend 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 (DPR) is currently 46.30%.

Analysts Set New Price Targets

ORCL has been the topic of a number of recent research reports. Rothschild Redb raised Oracle to a “strong sell” rating in a research report on Thursday, September 25th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $240.00 price target (up previously from $200.00) on shares of Oracle in a research note on Thursday, June 12th. Sanford C. Bernstein raised their price target 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. Stifel Nicolaus raised their price target on shares of Oracle from $250.00 to $350.00 and gave the stock a “buy” rating in a research note on Wednesday, September 10th. Finally, Royal Bank Of Canada raised their price target on shares of Oracle from $145.00 to $195.00 and gave the stock a “sector perform” rating in a research note on Thursday, June 12th. Two analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $304.71.

Insiders Place Their Bets

In related news, Director Rona Alison Fairhead purchased 480 shares of the stock in a transaction that occurred on Monday, July 7th. The stock was acquired at an average price of $233.87 per share, with a total value of $112,257.60. Following the completion of the acquisition, the director directly owned 22,110 shares in the company, valued at approximately $5,170,865.70. This trade represents a 2.22% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Michael D. Sicilia sold 33,845 shares of the firm’s stock in a transaction that occurred 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 directly owned 132,656 shares of the company’s stock, valued at approximately $42,603,800.96. This 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 valued at $31,272,223 over the last quarter. Company insiders own 42.20% 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.