Oracle (NYSE:ORCL) Upgraded to “Strong-Buy” at Baird R W

Oracle (NYSE:ORCL) was upgraded by equities researchers at Baird R W to a “strong-buy” rating in a research note issued to investors on Wednesday,Zacks.com reports.

Several other research analysts have also commented on the stock. The Goldman Sachs Group boosted their price objective on shares of Oracle from $195.00 to $310.00 and gave the stock a “neutral” rating in a research note on Monday, September 15th. William Blair restated an “outperform” rating on shares of Oracle in a research note on Monday, September 22nd. Morgan Stanley upped their price target on shares of Oracle from $246.00 to $320.00 and gave the company an “equal weight” rating in a research note on Tuesday, September 23rd. Stifel Nicolaus upped their price target on shares of Oracle from $250.00 to $350.00 and gave the company a “buy” rating in a research note on Wednesday, September 10th. Finally, Loop Capital set a $135.00 price target on shares of Oracle in a research note on Tuesday, June 10th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Oracle currently has an average rating of “Moderate Buy” and an average target price of $306.43.

Oracle Trading Up 2.9%

NYSE ORCL opened at $296.95 on Wednesday. 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 market cap of $846.54 billion, a PE ratio of 68.74, a price-to-earnings-growth ratio of 3.11 and a beta of 1.53. The company has a 50 day moving average price of $265.72 and a 200 day moving average price of $208.90. Oracle has a 52 week low of $118.86 and a 52 week high of $345.72.

Oracle (NYSE:ORCL) last posted its quarterly earnings data on Tuesday, September 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing the consensus estimate of $1.48 by ($0.01). The firm had revenue of $14.93 billion for the quarter, compared to the consensus estimate of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.The company’s revenue was up 12.2% compared to the same quarter last year. During the same quarter last year, the firm earned $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, sell-side analysts forecast that Oracle will post 5 EPS for the current fiscal year.

Insider Buying and Selling at Oracle

In other news, Director William G. Parrett sold 11,500 shares of the 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. This represents a 39.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Naomi O. Seligman sold 2,222 shares of the 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 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 position. The disclosure for this sale can be found here. Insiders have sold 104,314 shares of company stock worth $31,272,223 over the last ninety days. 40.90% of the stock is owned by insiders.

Institutional Trading of Oracle

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Kampmann Melissa S. lifted its stake in Oracle by 0.3% in the third quarter. Kampmann Melissa S. now owns 11,910 shares of the enterprise software provider’s stock worth $3,350,000 after acquiring an additional 35 shares during the last quarter. McLean Asset Management Corp lifted its stake in Oracle by 0.7% in the third quarter. McLean Asset Management Corp now owns 5,319 shares of the enterprise software provider’s stock worth $1,551,000 after acquiring an additional 36 shares during the last quarter. Snider Financial Group lifted its stake in Oracle by 1.3% in the second quarter. Snider Financial Group now owns 3,204 shares of the enterprise software provider’s stock worth $701,000 after acquiring an additional 40 shares during the last quarter. SNS Financial Group LLC lifted its stake in Oracle by 0.9% in the second quarter. SNS Financial Group LLC now owns 4,896 shares of the enterprise software provider’s stock worth $1,070,000 after acquiring an additional 42 shares during the last quarter. Finally, PKS Advisory Services LLC lifted its stake in Oracle by 1.9% in the second quarter. PKS Advisory Services LLC now owns 2,211 shares of the enterprise software provider’s stock worth $483,000 after acquiring an additional 42 shares during the last quarter. Institutional investors and hedge funds own 42.44% of the company’s stock.

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.