Trust Co. of Vermont Boosts Holdings in Oracle Corporation $ORCL

Trust Co. of Vermont boosted its position in Oracle Corporation (NYSE:ORCLFree Report) by 3.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,010 shares of the enterprise software provider’s stock after purchasing an additional 1,387 shares during the quarter. Trust Co. of Vermont’s holdings in Oracle were worth $9,841,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Redmont Wealth Advisors LLC purchased a new stake in Oracle in the 1st quarter worth approximately $27,000. Inlight Wealth Management LLC purchased a new stake in Oracle in the 1st quarter worth approximately $28,000. Iron Horse Wealth Management LLC lifted its stake in Oracle by 284.9% in the 1st quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider’s stock worth $29,000 after purchasing an additional 151 shares in the last quarter. Legend Financial Advisors Inc. purchased a new stake in Oracle in the 2nd quarter worth approximately $34,000. Finally, Graybill Wealth Management LTD. purchased a new stake in Oracle in the 1st quarter worth approximately $39,000. 42.44% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

ORCL has been the topic of several research reports. Citigroup restated an “outperform” rating on shares of Oracle in a research report on Wednesday, September 10th. Jefferies Financial Group raised their price objective on shares of Oracle from $270.00 to $360.00 and gave the company a “buy” rating in a research report on Wednesday, September 10th. Raymond James Financial restated a “strong-buy” rating on shares of Oracle in a research report on Wednesday, June 18th. Mizuho raised their price objective on shares of Oracle from $300.00 to $350.00 and gave the company an “outperform” rating in a research report on Wednesday, September 10th. Finally, BMO Capital Markets set a $345.00 price objective on shares of Oracle in a research report on Wednesday, September 10th. Two analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Oracle has an average rating of “Moderate Buy” and an average target price of $304.71.

Check Out Our Latest Report on ORCL

Insiders Place Their Bets

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 shares were sold at an average price of $321.16, for a total value of $10,869,660.20. Following the sale, the insider owned 132,656 shares of the company’s stock, valued at $42,603,800.96. This trade represents a 20.33% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, 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 completion of the sale, the director directly owned 29,225 shares in the company, valued at approximately $8,443,394.75. This trade represents a 7.07% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 114,314 shares of company stock worth $33,602,123. 42.20% of the stock is currently owned by insiders.

Oracle Price Performance

ORCL stock opened at $281.01 on Wednesday. The company has a debt-to-equity ratio of 3.33, a quick ratio of 0.62 and a current ratio of 0.62. Oracle Corporation has a 52 week low of $118.86 and a 52 week high of $345.72. The firm’s fifty day moving average is $259.82 and its 200 day moving average is $202.64. The firm has a market cap of $801.10 billion, a P/E ratio of 65.05, a P/E/G ratio of 3.04 and a beta of 1.46.

Oracle (NYSE:ORCLGet Free Report) last released its earnings results 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). Oracle had a net margin of 21.08% and a return on equity of 72.93%. The business had revenue of $14.93 billion for the quarter, compared to the consensus estimate of $15.04 billion. During the same period in the prior year, the business posted $1.39 EPS. Oracle’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. Research analysts predict that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Announces Dividend

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

About Oracle

(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.

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Institutional Ownership by Quarter for Oracle (NYSE:ORCL)

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