Oracle Corporation $ORCL Shares Purchased by Heartland Bank & Trust Co

Heartland Bank & Trust Co raised its stake in shares of Oracle Corporation (NYSE:ORCL) by 14.4% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,751 shares of the enterprise software provider’s stock after purchasing an additional 221 shares during the period. Heartland Bank & Trust Co’s holdings in Oracle were worth $383,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Redmont Wealth Advisors LLC acquired a new stake in shares of Oracle in the first quarter worth $27,000. Inlight Wealth Management LLC acquired a new stake in shares of Oracle in the first quarter worth $28,000. Iron Horse Wealth Management LLC increased its position in shares of Oracle by 284.9% in the first quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider’s stock worth $29,000 after acquiring an additional 151 shares in the last quarter. Legend Financial Advisors Inc. acquired a new stake in shares of Oracle in the second quarter worth $34,000. Finally, HighMark Wealth Management LLC acquired a new stake in shares of Oracle in the second quarter worth $38,000. Institutional investors and hedge funds own 42.44% of the company’s stock.

Oracle Stock Up 5.2%

NYSE:ORCL opened at $308.14 on Tuesday. The company has a market capitalization of $878.43 billion, a price-to-earnings ratio of 71.33, a price-to-earnings-growth ratio of 3.15 and a beta of 1.53. Oracle Corporation has a one year low of $118.86 and a one year high of $345.72. The stock has a 50-day simple moving average of $267.80 and a 200 day simple moving average of $211.91. 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 (NYSE:ORCL) last posted its quarterly earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.01). The firm had revenue of $14.93 billion during the quarter, compared to analyst estimates of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.The firm’s revenue for the quarter was up 12.2% on a year-over-year basis. During the same quarter last year, the business posted $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Sell-side analysts predict that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Announces Dividend

The firm 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 0.6%. The ex-dividend date is Thursday, October 9th. Oracle’s dividend payout ratio (DPR) is presently 46.30%.

Insider Buying and Selling at Oracle

In other news, Director Naomi O. Seligman sold 3,303 shares of the firm’s stock in a transaction dated Wednesday, July 16th. The shares were sold at an average price of $233.32, for a total value of $770,655.96. Following the transaction, the director directly owned 31,447 shares in the company, valued at approximately $7,337,214.04. This trade represents a 9.51% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director William G. Parrett sold 11,500 shares of the firm’s stock in a transaction dated 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 transaction, the director owned 17,764 shares in the company, valued at approximately $5,435,784. The trade was a 39.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 104,314 shares of company stock valued at $31,272,223. Corporate insiders own 40.90% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on ORCL shares. Bank of America raised shares of Oracle from a “neutral” rating to a “buy” rating and raised their price target for the company from $295.00 to $368.00 in a report on Wednesday, September 10th. Rothschild Redb raised shares of Oracle to a “strong sell” rating in a report on Thursday, September 25th. Citigroup reaffirmed a “buy” rating on shares of Oracle in a report on Friday. Berenberg Bank raised their price target on shares of Oracle from $202.00 to $306.00 and gave the company a “hold” rating in a report on Monday, September 15th. Finally, Evercore ISI raised their price target on shares of Oracle from $340.00 to $350.00 and gave the company an “outperform” rating in a report on Friday. Three analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $307.00.

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.