Oracle Corporation $ORCL is Phillips Wealth Planners LLC’s 10th Largest Position

Phillips Wealth Planners LLC trimmed its stake in Oracle Corporation (NYSE:ORCL) by 18.2% during the 2nd quarter, HoldingsChannel reports. The fund owned 5,920 shares of the enterprise software provider’s stock after selling 1,318 shares during the quarter. Oracle comprises 1.3% of Phillips Wealth Planners LLC’s holdings, making the stock its 10th biggest position. Phillips Wealth Planners LLC’s holdings in Oracle were worth $1,388,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of ORCL. Redmont Wealth Advisors LLC purchased a new stake in Oracle during the 1st quarter valued at about $27,000. Inlight Wealth Management LLC bought a new position in shares of Oracle in the first quarter worth approximately $28,000. Iron Horse Wealth Management LLC grew its holdings in shares of Oracle by 284.9% during the first quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider’s stock valued at $29,000 after buying an additional 151 shares during the last quarter. Sunbeam Capital Management LLC purchased a new stake in shares of Oracle during the fourth quarter valued at approximately $30,000. Finally, Fourth Dimension Wealth LLC bought a new stake in shares of Oracle during the fourth quarter valued at approximately $36,000. 42.44% of the stock is currently owned by institutional investors.

Insider Activity

In other Oracle news, Director William G. Parrett sold 11,500 shares of the business’s stock in a transaction on 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 sale, the director owned 17,764 shares in the company, valued at $5,435,784. The trade was a 39.30% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Naomi O. Seligman sold 3,303 shares of the firm’s stock in a transaction dated Wednesday, July 16th. The shares were sold at an average price of $233.32, for a total value of $770,655.96. Following the transaction, the director owned 31,447 shares of the company’s stock, valued at approximately $7,337,214.04. The trade was a 9.51% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 78,247 shares of company stock valued at $22,090,505. Company insiders own 42.20% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have commented on ORCL shares. Berenberg Bank increased their target price on Oracle from $202.00 to $306.00 and gave the company a “hold” rating in a research note on Monday, September 15th. Evercore ISI increased their price objective on Oracle from $270.00 to $340.00 and gave the company an “outperform” rating in a research report on Wednesday, September 10th. Bank of America upgraded Oracle from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $295.00 to $368.00 in a report on Wednesday, September 10th. Oppenheimer restated an “outperform” rating on shares of Oracle in a research note on Wednesday, June 18th. Finally, UBS Group set a $300.00 price target on shares of Oracle in a research note on Wednesday, September 10th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Oracle has an average rating of “Moderate Buy” and a consensus price target of $303.44.

Oracle Trading Up 4.2%

Shares of ORCL stock opened at $309.18 on Friday. 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 stock has a fifty day simple moving average of $251.63 and a two-hundred day simple moving average of $195.16. The firm has a market capitalization of $878.60 billion, a PE ratio of 71.57, a PEG ratio of 3.21 and a beta of 1.46. Oracle Corporation has a 52-week low of $118.86 and a 52-week high of $345.72.

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 analysts’ consensus estimates of $1.48 by ($0.01). Oracle had a return on equity of 72.93% and a net margin of 21.08%.The business had revenue of $14.93 billion during the quarter, compared to the consensus estimate of $15.04 billion. During the same period last year, the company earned $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. On average, analysts predict that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th will be issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Thursday, October 9th. Oracle’s dividend payout ratio (DPR) is 46.30%.

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.