JNBA Financial Advisors lessened its holdings in shares of Oracle Corporation (NYSE:ORCL – Free Report) by 1.6% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 6,167 shares of the enterprise software provider’s stock after selling 100 shares during the quarter. JNBA Financial Advisors’ holdings in Oracle were worth $1,348,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Reyes Financial Architecture Inc. boosted its holdings in Oracle by 7.2% in the 2nd quarter. Reyes Financial Architecture Inc. now owns 643 shares of the enterprise software provider’s stock worth $141,000 after acquiring an additional 43 shares during the period. Creative Capital Management Investments LLC boosted its holdings in Oracle by 5.7% in the 2nd quarter. Creative Capital Management Investments LLC now owns 798 shares of the enterprise software provider’s stock worth $174,000 after acquiring an additional 43 shares during the period. MFA Wealth Services boosted its holdings in Oracle by 1.0% in the 2nd quarter. MFA Wealth Services now owns 4,563 shares of the enterprise software provider’s stock worth $998,000 after acquiring an additional 43 shares during the period. Davis Investment Partners LLC boosted its holdings in Oracle by 0.7% in the 2nd quarter. Davis Investment Partners LLC now owns 6,930 shares of the enterprise software provider’s stock worth $1,517,000 after acquiring an additional 46 shares during the period. Finally, Acropolis Investment Management LLC boosted its holdings in Oracle by 2.6% in the 2nd quarter. Acropolis Investment Management LLC now owns 1,850 shares of the enterprise software provider’s stock worth $404,000 after acquiring an additional 47 shares during the period. Institutional investors and hedge funds own 42.44% of the company’s stock.
Wall Street Analyst Weigh In
ORCL has been the subject of a number of analyst reports. Guggenheim upped their price target on Oracle from $250.00 to $375.00 and gave the stock a “buy” rating in a report on Wednesday, September 10th. Sanford C. Bernstein increased their target price on Oracle from $363.00 to $364.00 and gave the company an “outperform” rating in a research note on Friday, September 26th. The Goldman Sachs Group increased their target price on Oracle from $195.00 to $310.00 and gave the company a “neutral” rating in a research note on Monday, September 15th. JPMorgan Chase & Co. increased their target price on Oracle from $185.00 to $210.00 and gave the company a “neutral” rating in a research note on Monday, September 8th. Finally, Cantor Fitzgerald increased their target price on Oracle from $271.00 to $400.00 and gave the company an “overweight” rating in a research note on Wednesday, September 10th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, Oracle has an average rating of “Moderate Buy” and an average target price of $306.71.
Oracle Stock Performance
ORCL stock opened at $293.04 on Friday. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.33. The firm has a market cap of $835.40 billion, a P/E ratio of 67.83, a P/E/G ratio of 3.20 and a beta of 1.53. Oracle Corporation has a 12-month low of $118.86 and a 12-month high of $345.72. The stock’s 50 day simple moving average is $266.69 and its 200 day simple moving average is $209.86.
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 for the quarter, missing the consensus estimate of $1.48 by ($0.01). The company had revenue of $14.93 billion during the quarter, compared to analyst estimates of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.Oracle’s quarterly revenue was up 12.2% on a year-over-year basis. During the same period in the prior year, the business earned $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, equities research analysts predict that Oracle Corporation will post 5 EPS for the current year.
Oracle Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th will be paid a $0.50 dividend. 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 presently 46.30%.
Insider Buying and Selling
In other Oracle news, insider Michael D. Sicilia sold 33,845 shares of the firm’s stock in a transaction on Tuesday, September 23rd. The stock was sold at an average price of $321.16, for a total value of $10,869,660.20. Following the sale, the insider directly owned 132,656 shares in the company, valued at approximately $42,603,800.96. This trade represents a 20.33% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Naomi O. Seligman sold 2,222 shares of the firm’s stock in a transaction on Friday, September 26th. The shares were sold at an average price of $288.91, for a total value of $641,958.02. Following the completion of the sale, the director owned 29,225 shares in the company, valued at $8,443,394.75. The trade was a 7.07% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 104,314 shares of company stock valued at $31,272,223. 40.90% of the stock is owned by corporate insiders.
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.
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