Robertson Stephens Wealth Management LLC Grows Stake in Oracle Corporation $ORCL

Robertson Stephens Wealth Management LLC grew its holdings in Oracle Corporation (NYSE:ORCL) by 1.9% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 4,929 shares of the enterprise software provider’s stock after acquiring an additional 94 shares during the period. Robertson Stephens Wealth Management LLC’s holdings in Oracle were worth $1,078,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Cascade Investment Group Inc. purchased a new stake in Oracle in the 2nd quarter worth approximately $239,000. Cyndeo Wealth Partners LLC lifted its holdings in Oracle by 1.9% in the 2nd quarter. Cyndeo Wealth Partners LLC now owns 106,502 shares of the enterprise software provider’s stock worth $23,285,000 after buying an additional 1,968 shares during the period. L. Roy Papp & Associates LLP lifted its holdings in Oracle by 7.2% in the 2nd quarter. L. Roy Papp & Associates LLP now owns 9,725 shares of the enterprise software provider’s stock worth $2,126,000 after buying an additional 655 shares during the period. Vivid Wealth Management LLC lifted its holdings in Oracle by 0.4% in the 2nd quarter. Vivid Wealth Management LLC now owns 16,011 shares of the enterprise software provider’s stock worth $3,501,000 after buying an additional 70 shares during the period. Finally, Mengis Capital Management Inc. lifted its holdings in Oracle by 28.4% in the 2nd quarter. Mengis Capital Management Inc. now owns 7,548 shares of the enterprise software provider’s stock worth $1,650,000 after buying an additional 1,670 shares during the period. Hedge funds and other institutional investors own 42.44% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on ORCL shares. Cantor Fitzgerald raised their target price on Oracle from $271.00 to $400.00 and gave the company an “overweight” rating in a research note on Wednesday, September 10th. William Blair restated an “outperform” rating on shares of Oracle in a research note on Monday, September 22nd. Evercore ISI raised their target price on Oracle from $340.00 to $350.00 and gave the company an “outperform” rating in a research note on Friday. Redburn Partners set a $175.00 target price on Oracle in a research note on Thursday, September 25th. Finally, Robert W. Baird started coverage on Oracle in a research note on Wednesday. They issued an “outperform” rating and a $365.00 target price for the company. Three analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $306.71.

Insiders Place Their Bets

In other Oracle news, insider Clayton M. Magouyrk sold 21,241 shares of Oracle stock in a transaction 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 completion of the sale, the insider owned 78,000 shares of the company’s stock, valued at approximately $23,174,580. This trade represents a 21.40% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director William G. Parrett sold 11,500 shares of Oracle stock in a transaction on Friday, September 12th. The stock was sold at an average price of $306.00, for a total value of $3,519,000.00. Following the completion of the sale, the director directly owned 17,764 shares of the company’s stock, valued at approximately $5,435,784. The trade was a 39.30% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 104,314 shares of company stock worth $31,272,223 in the last 90 days. 40.90% of the stock is currently owned by company insiders.

Oracle Stock Down 1.3%

ORCL stock opened at $293.04 on Friday. Oracle Corporation has a twelve month low of $118.86 and a twelve month high of $345.72. 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 $835.40 billion, a PE ratio of 67.83, a price-to-earnings-growth ratio of 3.20 and a beta of 1.53. The business has a 50 day moving average of $266.69 and a 200 day moving average of $209.86.

Oracle (NYSE:ORCL) last posted its quarterly earnings data 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 net margin of 21.08% and a return on equity of 72.93%. The company had revenue of $14.93 billion for the quarter, compared to the consensus estimate of $15.04 billion. During the same period last year, the business earned $1.39 EPS. The firm’s quarterly revenue was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, research analysts forecast that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Announces Dividend

The firm also recently announced 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. The ex-dividend date of this dividend is Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.7%. Oracle’s dividend payout ratio (DPR) is presently 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.