New Century Financial Group LLC Makes New $213,000 Investment in Oracle Corporation $ORCL

New Century Financial Group LLC purchased a new position in Oracle Corporation (NYSE:ORCL) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 974 shares of the enterprise software provider’s stock, valued at approximately $213,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Redmont Wealth Advisors LLC acquired a new stake in Oracle in the 1st quarter worth about $27,000. Inlight Wealth Management LLC purchased a new position in shares of Oracle in the 1st quarter worth about $28,000. Iron Horse Wealth Management LLC raised its holdings in shares of Oracle by 284.9% in the 1st quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider’s stock worth $29,000 after purchasing an additional 151 shares during the period. Legend Financial Advisors Inc. purchased a new position in shares of Oracle in the 2nd quarter worth about $34,000. Finally, HighMark Wealth Management LLC purchased a new position in shares of Oracle in the 2nd quarter worth about $38,000. 42.44% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have recently commented on ORCL. Wolfe Research raised their price objective on Oracle from $300.00 to $400.00 and gave the stock an “outperform” rating in a report on Wednesday, September 10th. Barclays raised their price objective on Oracle from $221.00 to $281.00 and gave the stock an “overweight” rating in a report on Monday, September 8th. Westpark Capital raised their price objective on Oracle from $195.00 to $246.00 and gave the stock a “buy” rating in a report on Thursday, June 12th. BMO Capital Markets set a $345.00 price objective on Oracle in a report on Wednesday, September 10th. Finally, Cowen restated a “buy” rating and issued a $375.00 price objective on shares of Oracle in a report on Wednesday, September 10th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $304.71.

Oracle Stock Performance

Shares of NYSE:ORCL opened at $286.23 on Friday. Oracle Corporation has a one year low of $118.86 and a one year high of $345.72. The business’s 50-day simple moving average is $262.53 and its 200 day simple moving average is $205.11. 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 $815.99 billion, a P/E ratio of 66.26, a PEG ratio of 3.11 and a beta of 1.53.

Oracle (NYSE:ORCL) last issued its quarterly earnings data on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share 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 business had revenue of $14.93 billion for the quarter, compared to analyst estimates of $15.04 billion. During the same quarter last year, the business earned $1.39 EPS. Oracle’s revenue for the quarter was up 12.2% compared to the same quarter last year. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, sell-side analysts forecast that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th will be paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Thursday, October 9th. Oracle’s dividend payout ratio (DPR) is 46.30%.

Insider Activity

In other news, insider Clayton M. Magouyrk sold 21,241 shares of Oracle stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $297.11, for a total value of $6,310,913.51. Following the completion of the transaction, the insider owned 78,000 shares in the company, valued at approximately $23,174,580. This trade represents a 21.40% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Naomi O. Seligman sold 2,222 shares of Oracle 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 completion of the transaction, the director owned 29,225 shares of the company’s stock, valued at approximately $8,443,394.75. The trade was a 7.07% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 104,314 shares of company stock worth $31,272,223 over the last quarter. Corporate insiders own 42.20% of the company’s stock.

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.