 University of Texas Texas AM Investment Management Co. lifted its position in shares of  Oracle Corporation (NYSE:ORCL – Free Report) by 222.5% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 15,398 shares of the enterprise software provider’s stock after buying an additional 10,623 shares during the quarter. University of Texas Texas AM Investment Management Co.’s holdings in Oracle were worth $3,366,000 at the end of the most recent quarter.
University of Texas Texas AM Investment Management Co. lifted its position in shares of  Oracle Corporation (NYSE:ORCL – Free Report) by 222.5% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 15,398 shares of the enterprise software provider’s stock after buying an additional 10,623 shares during the quarter. University of Texas Texas AM Investment Management Co.’s holdings in Oracle were worth $3,366,000 at the end of the most recent quarter. 
Other hedge funds and other institutional investors have also made changes to their positions in the company. Harel Insurance Investments & Financial Services Ltd. raised its stake in shares of Oracle by 71.6% during the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 257,378 shares of the enterprise software provider’s stock worth $35,984,000 after buying an additional 107,404 shares during the last quarter. Lockheed Martin Investment Management Co. raised its stake in shares of Oracle by 4.3% during the 1st quarter. Lockheed Martin Investment Management Co. now owns 51,350 shares of the enterprise software provider’s stock worth $7,179,000 after buying an additional 2,110 shares during the last quarter. Private Wealth Asset Management LLC raised its stake in shares of Oracle by 9.2% during the 2nd quarter. Private Wealth Asset Management LLC now owns 3,817 shares of the enterprise software provider’s stock worth $835,000 after buying an additional 321 shares during the last quarter. Cascade Investment Group Inc. acquired a new position in shares of Oracle during the 2nd quarter worth $239,000. Finally, Lockerman Financial Group Inc. purchased a new stake in Oracle during the 2nd quarter worth about $328,000. Institutional investors and hedge funds own 42.44% of the company’s stock.
Analysts Set New Price Targets
Several research analysts recently weighed in on the stock. Berenberg Bank boosted their target price on shares of Oracle from $202.00 to $306.00 and gave the company a “hold” rating in a research note on Monday, September 15th. Royal Bank Of Canada reissued a “sector perform” rating and issued a $310.00 target price on shares of Oracle in a research note on Friday, October 17th. Scotiabank boosted their target price on shares of Oracle from $350.00 to $360.00 and gave the company an “outperform” rating in a research note on Friday, October 17th. UBS Group boosted their target price on shares of Oracle from $360.00 to $380.00 and gave the company a “buy” rating in a research note on Friday, October 17th. Finally, Citigroup reissued a “buy” rating on shares of Oracle in a research note on Friday, October 10th. Three analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $323.69.
Oracle Stock Up 1.2%
Shares of NYSE:ORCL opened at $283.45 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. Oracle Corporation has a 1 year low of $118.86 and a 1 year high of $345.72. The stock has a market capitalization of $808.05 billion, a P/E ratio of 65.61, a PEG ratio of 3.04 and a beta of 1.53. The stock has a 50-day simple moving average of $274.59 and a 200-day simple moving average of $221.04.
Oracle (NYSE:ORCL – Get Free Report) last issued 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 return on equity of 72.93% and a net margin of 21.08%.The firm had revenue of $14.93 billion for the quarter, compared to analysts’ expectations of $15.04 billion. During the same quarter in the previous year, the firm posted $1.39 EPS. The firm’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. Equities analysts forecast that Oracle Corporation will post 5 earnings per share for the current year.
Oracle Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Thursday, October 23rd. Investors of record on Thursday, October 9th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Thursday, October 9th. This represents a $2.00 annualized dividend and a yield of 0.7%. Oracle’s payout ratio is 46.30%.
Insider Activity
In related news, EVP Stuart Levey sold 19,758 shares of the business’s stock in a transaction that occurred on Friday, October 10th. The stock was 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. The trade was a 51.74% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Maria Smith sold 5,000 shares of the business’s stock in a transaction that occurred on Thursday, October 23rd. The stock was sold at an average price of $280.62, for a total value of $1,403,100.00. Following the transaction, the executive vice president directly owned 47,083 shares in the company, valued at $13,212,431.46. This trade represents a 9.60% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 170,769 shares of company stock worth $50,297,667 in the last ninety days. 40.90% of the stock is currently owned by company 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.
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