Triumph Capital Management Trims Holdings in Oracle Corporation $ORCL

Triumph Capital Management cut its stake in Oracle Corporation (NYSE:ORCL) by 19.7% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,996 shares of the enterprise software provider’s stock after selling 490 shares during the quarter. Triumph Capital Management’s holdings in Oracle were worth $436,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the stock. Brighton Jones LLC boosted its stake in Oracle by 189.3% during the fourth quarter. Brighton Jones LLC now owns 153,580 shares of the enterprise software provider’s stock valued at $25,593,000 after buying an additional 100,494 shares during the period. Revolve Wealth Partners LLC boosted its stake in Oracle by 8.1% during the fourth quarter. Revolve Wealth Partners LLC now owns 5,418 shares of the enterprise software provider’s stock valued at $903,000 after buying an additional 404 shares during the period. Visionary Wealth Advisors boosted its stake in Oracle by 1.2% during the fourth quarter. Visionary Wealth Advisors now owns 11,717 shares of the enterprise software provider’s stock valued at $1,953,000 after buying an additional 140 shares during the period. Virtus Investment Advisers Inc. bought a new stake in Oracle during the fourth quarter valued at $150,000. Finally, Woodline Partners LP bought a new stake in Oracle during the fourth quarter valued at $12,264,000. 42.44% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on ORCL shares. Oppenheimer reaffirmed an “outperform” rating on shares of Oracle in a research note on Wednesday, June 18th. Evercore ISI lifted their price objective on Oracle from $270.00 to $340.00 and gave the stock an “outperform” rating in a report on Wednesday, September 10th. Raymond James Financial reiterated a “strong-buy” rating on shares of Oracle in a report on Wednesday, June 18th. 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. Finally, Sanford C. Bernstein reiterated an “outperform” rating on shares of Oracle in a report on Thursday, September 11th. Two analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $303.44.

Insider Transactions at Oracle

In other news, 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 sale, the insider directly owned 78,000 shares of the company’s stock, valued at $23,174,580. The trade was a 21.40% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Michael D. Sicilia sold 15,880 shares of the business’s stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $254.48, for a total value of $4,041,142.40. Following the completion of the sale, the insider directly owned 99,212 shares in the company, valued at approximately $25,247,469.76. This represents a 13.80% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 61,924 shares of company stock worth $16,971,612. Company insiders own 42.20% of the company’s stock.

Oracle Stock Up 1.5%

ORCL stock opened at $306.80 on Wednesday. Oracle Corporation has a fifty-two week low of $118.86 and a fifty-two week high of $345.72. The business’s 50 day moving average price is $247.52 and its two-hundred day moving average price is $192.43. The company has a debt-to-equity ratio of 3.33, a quick ratio of 0.62 and a current ratio of 0.62. The company has a market capitalization of $871.84 billion, a price-to-earnings ratio of 71.02, a price-to-earnings-growth ratio of 3.26 and a beta of 1.46.

Oracle (NYSE:ORCL) last posted its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share 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 last year, the company posted $1.39 EPS. The firm’s revenue 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, analysts forecast that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th will be given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, October 9th. Oracle’s payout ratio is currently 46.30%.

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.