M&G PLC Has $157.59 Million Position in Oracle Corporation $ORCL

M&G PLC trimmed its stake in Oracle Corporation (NYSE:ORCL) by 15.5% in the second quarter, HoldingsChannel reports. The firm owned 719,571 shares of the enterprise software provider’s stock after selling 131,992 shares during the period. M&G PLC’s holdings in Oracle were worth $157,586,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. LGT Financial Advisors LLC acquired a new position in Oracle during the 2nd quarter worth approximately $33,000. Legend Financial Advisors Inc. acquired a new stake in Oracle in the second quarter valued at approximately $34,000. HighMark Wealth Management LLC bought a new stake in shares of Oracle during the second quarter valued at approximately $38,000. Moser Wealth Advisors LLC increased its holdings in shares of Oracle by 1,770.0% during the second quarter. Moser Wealth Advisors LLC now owns 187 shares of the enterprise software provider’s stock valued at $41,000 after acquiring an additional 177 shares in the last quarter. Finally, Orion Capital Management LLC raised its position in shares of Oracle by 32.2% during the second quarter. Orion Capital Management LLC now owns 193 shares of the enterprise software provider’s stock worth $42,000 after purchasing an additional 47 shares during the period. Institutional investors and hedge funds own 42.44% of the company’s stock.

Oracle Stock Down 2.0%

Oracle stock opened at $235.95 on Wednesday. The firm has a 50 day simple moving average of $279.83 and a 200 day simple moving average of $232.71. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.33. Oracle Corporation has a 1-year low of $118.86 and a 1-year high of $345.72. The firm has a market capitalization of $672.64 billion, a price-to-earnings ratio of 54.62, a P/E/G ratio of 2.96 and a beta of 1.51.

Oracle (NYSE:ORCL) last posted its quarterly earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 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 return on equity of 72.93% and a net margin of 21.08%.Oracle’s revenue was up 12.2% on a year-over-year basis. During the same period in the previous year, the business earned $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, analysts predict that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Dividend Announcement

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

Insider Activity

In other news, Director Naomi O. Seligman sold 2,222 shares of the stock in a transaction dated 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 of the company’s stock, valued at approximately $8,443,394.75. This represents a 7.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Stuart Levey sold 19,758 shares of the business’s stock in a transaction that occurred on Friday, October 10th. The shares were sold at an average price of $300.00, for a total transaction of $5,927,400.00. Following the transaction, the executive vice president directly owned 18,429 shares of the company’s stock, valued at approximately $5,528,700. This represents a 51.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 204,254 shares of company stock valued at $60,227,807. 40.90% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on ORCL. Wolfe Research lifted their price target on shares of Oracle from $300.00 to $400.00 and gave the company an “outperform” rating in a research report on Wednesday, September 10th. Piper Sandler lifted their price objective on shares of Oracle from $330.00 to $380.00 and gave the company an “overweight” rating in a report on Friday, October 17th. UBS Group boosted their target price on shares of Oracle from $360.00 to $380.00 and gave the stock a “buy” rating in a research report on Friday, October 17th. Redburn Partners set a $175.00 price target on shares of Oracle in a research report on Thursday, September 25th. Finally, JPMorgan Chase & Co. boosted their price objective on Oracle from $185.00 to $210.00 and gave the stock a “neutral” rating in a report on Monday, September 8th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, Oracle has a consensus rating of “Moderate Buy” and an average price target of $323.69.

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.