Sovereign Financial Group Inc. Has $768,000 Stock Holdings in Oracle Corporation $ORCL

Sovereign Financial Group Inc. cut its position in shares of Oracle Corporation (NYSE:ORCL) by 1.7% during the 2nd quarter, Holdings Channel reports. The firm owned 3,511 shares of the enterprise software provider’s stock after selling 62 shares during the quarter. Sovereign Financial Group Inc.’s holdings in Oracle were worth $768,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of the company. Harel Insurance Investments & Financial Services Ltd. grew its stake in Oracle by 71.6% in the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 257,378 shares of the enterprise software provider’s stock valued at $35,984,000 after buying an additional 107,404 shares during the last quarter. Lockheed Martin Investment Management Co. grew its stake in Oracle by 4.3% in the 1st quarter. Lockheed Martin Investment Management Co. now owns 51,350 shares of the enterprise software provider’s stock valued at $7,179,000 after buying an additional 2,110 shares during the last quarter. Lockerman Financial Group Inc. acquired a new position in Oracle in the 2nd quarter valued at about $328,000. Elser Financial Planning Inc acquired a new position in Oracle in the 2nd quarter valued at about $1,066,000. Finally, Cascade Investment Group Inc. acquired a new position in Oracle in the 2nd quarter valued at about $239,000. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages recently commented on ORCL. Scotiabank reiterated an “outperform” rating on shares of Oracle in a research note on Wednesday, September 10th. Raymond James Financial reiterated a “strong-buy” rating on shares of Oracle in a research note on Wednesday, June 18th. Oppenheimer reissued an “outperform” rating on shares of Oracle in a report on Wednesday, June 18th. Stifel Nicolaus boosted their price objective on shares of Oracle from $250.00 to $350.00 and gave the company a “buy” rating in a report on Wednesday, September 10th. Finally, Baird R W raised shares of Oracle to a “strong-buy” rating in a report on Wednesday. Three investment analysts have rated the stock with a Strong Buy rating, twenty-seven 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, Oracle currently has an average rating of “Moderate Buy” and an average price target of $306.71.

Oracle Stock Performance

Shares of Oracle stock opened at $293.04 on Friday. The company has a 50 day moving average of $266.69 and a 200-day moving average of $210.29. Oracle Corporation has a 1-year low of $118.86 and a 1-year 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 company has a market cap of $835.40 billion, a PE ratio of 67.83, a price-to-earnings-growth ratio of 3.15 and a beta of 1.53.

Oracle (NYSE:ORCL) last issued its quarterly 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 the consensus estimate of $15.04 billion. During the same period last year, the company posted $1.39 EPS. The business’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, equities research analysts forecast that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th will be issued a dividend of $0.50 per share. 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 dividend payout ratio is 46.30%.

Insider Activity

In other news, Director Naomi O. Seligman sold 2,222 shares of the company’s stock in a transaction that occurred on Friday, September 26th. The shares were sold at an average price of $288.91, for a total transaction of $641,958.02. Following the completion of the sale, the director owned 29,225 shares of the company’s stock, valued at approximately $8,443,394.75. This represents a 7.07% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director William G. Parrett sold 11,500 shares of the stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $306.00, for a total transaction of $3,519,000.00. Following the completion of the transaction, 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. In the last 90 days, insiders sold 104,314 shares of company stock worth $31,272,223. Insiders own 40.90% of the company’s stock.

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.