Oracle Corporation $ORCL Shares Purchased by Midwest Financial Group LLC

Midwest Financial Group LLC raised its stake in Oracle Corporation (NYSE:ORCLFree Report) by 5.2% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 2,807 shares of the enterprise software provider’s stock after buying an additional 140 shares during the quarter. Midwest Financial Group LLC’s holdings in Oracle were worth $614,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of ORCL. Legend Financial Advisors Inc. bought a new stake in Oracle in the 2nd quarter valued at about $34,000. Redmont Wealth Advisors LLC acquired a new stake in shares of Oracle in the first quarter valued at approximately $27,000. Inlight Wealth Management LLC acquired a new stake in shares of Oracle in the first quarter valued at approximately $28,000. Iron Horse Wealth Management LLC raised its holdings in shares of Oracle by 284.9% during the first quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider’s stock valued at $29,000 after buying an additional 151 shares during the last quarter. Finally, Family Legacy Financial Solutions LLC acquired a new position in shares of Oracle during the second quarter worth approximately $60,000. Institutional investors and hedge funds own 42.44% of the company’s stock.

Analyst Upgrades and Downgrades

ORCL has been the topic of several analyst reports. Wolfe Research raised their target price on Oracle from $300.00 to $400.00 and gave the company an “outperform” rating in a research report on Wednesday, September 10th. Cowen reissued a “buy” rating and issued a $375.00 price target on shares of Oracle in a research note on Wednesday, September 10th. Melius Research lifted their price objective on shares of Oracle from $270.00 to $370.00 and gave the company a “buy” rating in a research note on Wednesday, September 10th. BNP Paribas set a $377.00 price objective on shares of Oracle in a report on Wednesday, September 10th. Finally, Sanford C. Bernstein increased their target price on shares of Oracle from $363.00 to $364.00 and gave the company an “outperform” rating in a research report on Friday, September 26th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $304.71.

View Our Latest Research Report on Oracle

Insider Activity

In related news, Director William G. Parrett sold 11,500 shares of the stock in a transaction on Friday, September 12th. The stock was sold at an average price of $306.00, for a total transaction of $3,519,000.00. Following the completion of the sale, the director directly owned 17,764 shares in the company, valued at approximately $5,435,784. This trade represents a 39.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Michael D. Sicilia sold 33,845 shares of the stock in a transaction that occurred 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 completion of the transaction, the insider owned 132,656 shares in the company, valued at $42,603,800.96. This represents a 20.33% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 114,314 shares of company stock valued at $33,602,123 in the last three months. 42.20% of the stock is currently owned by insiders.

Oracle Price Performance

Shares of Oracle stock opened at $281.01 on Wednesday. Oracle Corporation has a 52 week low of $118.86 and a 52 week high of $345.72. 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 stock has a market cap of $801.10 billion, a PE ratio of 65.05, a price-to-earnings-growth ratio of 3.04 and a beta of 1.46. The company’s 50-day moving average price is $259.82 and its two-hundred day moving average price is $202.64.

Oracle (NYSE:ORCLGet Free Report) last released its quarterly earnings data 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 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 business’s revenue was up 12.2% compared to the same quarter last year. 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, sell-side analysts anticipate that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 23rd. Investors of record on Thursday, October 9th will be issued a dividend of $0.50 per share. 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 currently 46.30%.

Oracle Company 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.

Featured Articles

Want to see what other hedge funds are holding ORCL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Oracle Corporation (NYSE:ORCLFree Report).

Institutional Ownership by Quarter for Oracle (NYSE:ORCL)

Receive News & Ratings for Oracle Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oracle and related companies with MarketBeat.com's FREE daily email newsletter.