Oracle Corporation $ORCL Shares Purchased by GeoWealth Management LLC

GeoWealth Management LLC raised its holdings in Oracle Corporation (NYSE:ORCL) by 97.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 21,516 shares of the enterprise software provider’s stock after purchasing an additional 10,614 shares during the quarter. GeoWealth Management LLC’s holdings in Oracle were worth $4,704,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Swiss National Bank boosted its position in shares of Oracle by 7.6% during the 2nd quarter. Swiss National Bank now owns 5,093,200 shares of the enterprise software provider’s stock worth $1,113,526,000 after purchasing an additional 360,000 shares in the last quarter. Lockheed Martin Investment Management Co. lifted its stake in shares of Oracle by 4.3% in the first quarter. Lockheed Martin Investment Management Co. now owns 51,350 shares of the enterprise software provider’s stock valued at $7,179,000 after purchasing an additional 2,110 shares during the period. Private Wealth Asset Management LLC lifted its stake in shares of Oracle by 9.2% in the second quarter. Private Wealth Asset Management LLC now owns 3,817 shares of the enterprise software provider’s stock valued at $835,000 after purchasing an additional 321 shares during the period. Soltis Investment Advisors LLC boosted its holdings in Oracle by 4.8% during the second quarter. Soltis Investment Advisors LLC now owns 32,937 shares of the enterprise software provider’s stock worth $7,201,000 after buying an additional 1,515 shares in the last quarter. Finally, Cascade Investment Group Inc. acquired a new position in Oracle during the second quarter worth about $239,000. 42.44% of the stock is owned by hedge funds and other institutional investors.

Oracle Stock Up 3.2%

ORCL opened at $214.32 on Friday. The firm has a market cap of $610.98 billion, a P/E ratio of 49.61, a PEG ratio of 2.35 and a beta of 1.66. The business’s fifty day simple moving average is $254.39 and its 200 day simple moving average is $238.57. Oracle Corporation has a 52 week low of $118.86 and a 52 week high of $345.72. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 3.33.

Oracle (NYSE:ORCL) last announced its earnings results 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 firm had revenue of $14.93 billion during the quarter, compared to analyst estimates of $15.04 billion. During the same period in the previous year, the firm posted $1.39 EPS. The company’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. As a group, equities research analysts anticipate that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Announces Dividend

The company also recently announced 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 was Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a yield of 0.9%. Oracle’s dividend payout ratio (DPR) is 46.30%.

Insider Transactions at Oracle

In other news, Director Naomi O. Seligman sold 2,222 shares of the firm’s stock in a transaction on Friday, September 26th. The stock was sold at an average price of $288.91, for a total transaction of $641,958.02. Following the sale, the director owned 29,225 shares in the company, valued at $8,443,394.75. This trade represents a 7.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Stuart Levey sold 19,758 shares of the company’s stock in a transaction on Friday, October 10th. The shares were sold at an average price of $300.00, for a total value of $5,927,400.00. Following the completion of the transaction, the executive vice president owned 18,429 shares of the company’s stock, valued at $5,528,700. The trade was a 51.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 204,254 shares of company stock worth $60,227,807 in the last three months. 40.90% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of research firms have recently issued reports on ORCL. Wells Fargo & Company assumed coverage on shares of Oracle in a research report on Wednesday. They set an “overweight” rating and a $280.00 price target for the company. Scotiabank raised their price objective on Oracle from $350.00 to $360.00 and gave the company an “outperform” rating in a research note on Friday, October 17th. JPMorgan Chase & Co. lifted 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. Rothschild Redb raised Oracle to a “strong sell” rating in a report on Thursday, September 25th. Finally, Cantor Fitzgerald raised their price target on Oracle from $271.00 to $400.00 and gave the company an “overweight” rating in a research report on Wednesday, September 10th. Four investment analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, Oracle has a consensus rating of “Moderate Buy” and a consensus target price of $322.73.

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.