SFG Wealth Management LLC. Takes $225,000 Position in Oracle Corporation $ORCL

SFG Wealth Management LLC. bought a new position in shares of Oracle Corporation (NYSE:ORCLFree Report) in the second quarter, HoldingsChannel reports. The fund bought 1,029 shares of the enterprise software provider’s stock, valued at approximately $225,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Triton Wealth Management PLLC purchased a new stake in Oracle during the 2nd quarter worth about $1,379,000. Sterling Financial Planning Inc. acquired a new stake in shares of Oracle during the 2nd quarter worth about $303,000. Private Wealth Asset Management LLC lifted its stake in Oracle by 9.2% during the second quarter. Private Wealth Asset Management LLC now owns 3,817 shares of the enterprise software provider’s stock worth $835,000 after purchasing an additional 321 shares during the last quarter. Harbour Investments Inc. boosted its holdings in Oracle by 31.5% in the second quarter. Harbour Investments Inc. now owns 30,498 shares of the enterprise software provider’s stock valued at $6,668,000 after purchasing an additional 7,298 shares in the last quarter. Finally, Mitchell Mcleod Pugh & Williams Inc. increased its stake in Oracle by 4.9% in the second quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 11,054 shares of the enterprise software provider’s stock valued at $2,417,000 after purchasing an additional 513 shares during the last quarter. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, insider Michael D. Sicilia sold 33,845 shares of the firm’s stock in a transaction dated Tuesday, September 23rd. The shares were sold at an average price of $321.16, for a total value of $10,869,660.20. Following the completion of the sale, the insider owned 132,656 shares in the company, valued at $42,603,800.96. This trade represents a 20.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Clayton M. Magouyrk sold 21,241 shares of the business’s stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $297.11, for a total value of $6,310,913.51. Following the transaction, the insider owned 78,000 shares in the company, valued at $23,174,580. The trade was a 21.40% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 120,769 shares of company stock valued at $36,428,967. Corporate insiders own 40.90% of the company’s stock.

Oracle Stock Down 2.8%

ORCL opened at $299.33 on Wednesday. Oracle Corporation has a 52 week low of $118.86 and a 52 week high of $345.72. The business has a 50 day moving average price of $268.67 and a two-hundred day moving average price of $212.52. 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 company has a market cap of $853.32 billion, a PE ratio of 69.29, a P/E/G ratio of 3.31 and a beta of 1.53.

Oracle (NYSE:ORCLGet Free Report) last released 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 net margin of 21.08% and a return on equity of 72.93%. The company 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% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, research analysts anticipate that Oracle Corporation will post 5 EPS for the current year.

Oracle Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th will be paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Thursday, October 9th. Oracle’s dividend payout ratio (DPR) is 46.30%.

Analyst Ratings Changes

Several brokerages have recently weighed in on ORCL. Wolfe Research boosted their price objective on shares of Oracle from $300.00 to $400.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 10th. UBS Group set a $364.00 price objective on shares of Oracle in a research note on Friday, September 26th. Morgan Stanley lifted their target price on Oracle from $246.00 to $320.00 and gave the stock an “equal weight” rating in a research report on Tuesday, September 23rd. Mizuho upped their target price on Oracle from $300.00 to $350.00 and gave the company an “outperform” rating in a research report on Wednesday, September 10th. Finally, BNP Paribas set a $377.00 price target on Oracle in a research report on Wednesday, September 10th. Three research analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, Oracle currently has an average rating of “Moderate Buy” and an average target price of $307.00.

Read Our Latest Report on Oracle

Oracle Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Oracle (NYSE:ORCL)

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