Optas LLC Boosts Holdings in Oracle Corporation $ORCL

Optas LLC lifted its stake in Oracle Corporation (NYSE:ORCL) by 1.8% in the 2nd quarter, HoldingsChannel reports. The firm owned 10,525 shares of the enterprise software provider’s stock after buying an additional 184 shares during the quarter. Optas LLC’s holdings in Oracle were worth $2,301,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of ORCL. Nuveen LLC purchased a new stake in shares of Oracle in the 1st quarter worth about $732,692,000. Vanguard Group Inc. lifted its position in shares of Oracle by 2.2% in the 1st quarter. Vanguard Group Inc. now owns 160,925,413 shares of the enterprise software provider’s stock worth $22,498,982,000 after purchasing an additional 3,513,464 shares during the period. Kingstone Capital Partners Texas LLC bought a new position in shares of Oracle in the 2nd quarter worth about $731,512,000. Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in Oracle by 79.2% during the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 4,638,951 shares of the enterprise software provider’s stock valued at $648,572,000 after acquiring an additional 2,049,687 shares during the period. Finally, Assenagon Asset Management S.A. lifted its position in Oracle by 840.7% during the 2nd quarter. Assenagon Asset Management S.A. now owns 2,119,473 shares of the enterprise software provider’s stock valued at $463,380,000 after acquiring an additional 1,894,157 shares during the period. 42.44% of the stock is owned by hedge funds and other institutional investors.

Oracle Stock Up 1.5%

ORCL opened at $288.48 on Thursday. 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 firm has a 50 day moving average price of $264.86 and a 200-day moving average price of $207.92. Oracle Corporation has a twelve month low of $118.86 and a twelve month high of $345.72. The stock has a market capitalization of $822.40 billion, a price-to-earnings ratio of 66.78, a PEG ratio of 3.06 and a beta of 1.53.

Oracle (NYSE:ORCL) last released its quarterly earnings data on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share for the quarter, missing the consensus estimate of $1.48 by ($0.01). Oracle had a net margin of 21.08% and a return on equity of 72.93%. The company had revenue of $14.93 billion for the quarter, compared to analysts’ expectations of $15.04 billion. During the same period in the previous year, the firm earned $1.39 earnings per share. The firm’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. Equities research analysts forecast that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Announces Dividend

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

Analyst Ratings Changes

A number of brokerages recently issued reports on ORCL. Westpark Capital lifted their price target on shares of Oracle from $195.00 to $246.00 and gave the company a “buy” rating in a research report on Thursday, June 12th. Evercore ISI lifted their price target on shares of Oracle from $270.00 to $340.00 and gave the company an “outperform” rating in a research report on Wednesday, September 10th. Robert W. Baird set a $365.00 price target on shares of Oracle in a research report on Wednesday. TD Cowen lifted their price target on shares of Oracle from $325.00 to $375.00 and gave the company a “buy” rating in a research report on Wednesday, September 10th. Finally, Weiss Ratings raised shares of Oracle from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Oracle has a consensus rating of “Moderate Buy” and an average price target of $306.43.

Insider Buying and Selling at Oracle

In related news, insider Clayton M. Magouyrk sold 21,241 shares of the business’s stock in a transaction that occurred on 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 completion of the sale, the insider directly owned 78,000 shares in the company, valued at approximately $23,174,580. The trade was a 21.40% 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, Director William G. Parrett sold 11,500 shares of the business’s stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $306.00, for a total transaction of $3,519,000.00. Following the sale, the director owned 17,764 shares of the company’s stock, valued at $5,435,784. This trade represents a 39.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 104,314 shares of company stock valued at $31,272,223. 40.90% of the stock is owned by corporate 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.