Syverson Strege & Co Purchases 1,052 Shares of Oracle Corporation $ORCL

Syverson Strege & Co grew its stake in Oracle Corporation (NYSE:ORCL) by 64.9% in the second quarter, HoldingsChannel reports. The fund owned 2,674 shares of the enterprise software provider’s stock after acquiring an additional 1,052 shares during the period. Syverson Strege & Co’s holdings in Oracle were worth $585,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ORCL. Reyes Financial Architecture Inc. increased its holdings in Oracle by 7.2% in the second quarter. Reyes Financial Architecture Inc. now owns 643 shares of the enterprise software provider’s stock valued at $141,000 after purchasing an additional 43 shares during the last quarter. Creative Capital Management Investments LLC increased its stake in Oracle by 5.7% in the second quarter. Creative Capital Management Investments LLC now owns 798 shares of the enterprise software provider’s stock valued at $174,000 after purchasing an additional 43 shares in the last quarter. MFA Wealth Services increased its stake in Oracle by 1.0% in the second quarter. MFA Wealth Services now owns 4,563 shares of the enterprise software provider’s stock valued at $998,000 after purchasing an additional 43 shares in the last quarter. Bogart Wealth LLC increased its stake in Oracle by 0.4% in the second quarter. Bogart Wealth LLC now owns 11,465 shares of the enterprise software provider’s stock valued at $2,507,000 after purchasing an additional 43 shares in the last quarter. Finally, Washington Trust Advisors Inc. increased its position in shares of Oracle by 1.9% in the 2nd quarter. Washington Trust Advisors Inc. now owns 2,385 shares of the enterprise software provider’s stock valued at $521,000 after buying an additional 44 shares in the last quarter. 42.44% of the stock is owned by institutional investors.

Oracle Price Performance

Shares of ORCL opened at $262.60 on Friday. Oracle Corporation has a 1 year low of $118.86 and a 1 year high of $345.72. The company has a debt-to-equity ratio of 3.33, a current ratio of 0.62 and a quick ratio of 0.62. The company has a market capitalization of $748.62 billion, a price-to-earnings ratio of 60.79, a price-to-earnings-growth ratio of 2.96 and a beta of 1.53. The business has a 50-day moving average of $277.97 and a 200-day moving average of $225.74.

Oracle (NYSE:ORCL) last posted its quarterly earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.01). The business 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%.Oracle’s quarterly revenue was up 12.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, equities research analysts anticipate that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th were given a $0.50 dividend. The ex-dividend date was Thursday, October 9th. This represents a $2.00 annualized dividend and a dividend yield of 0.8%. Oracle’s payout ratio is 46.30%.

Insider Buying and Selling at Oracle

In other Oracle news, insider Michael D. Sicilia sold 33,845 shares of the company’s stock in a transaction dated Tuesday, September 23rd. The shares were sold at an average price of $321.16, for a total transaction of $10,869,660.20. Following the completion of the sale, the insider directly owned 132,656 shares in the company, valued at $42,603,800.96. This represents a 20.33% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Jeffrey Berg sold 49,365 shares of the stock in a transaction dated Tuesday, October 28th. The shares were sold at an average price of $283.02, for a total value of $13,971,282.30. Following the sale, the director owned 151,999 shares of the company’s stock, valued at $43,018,756.98. This represents a 24.52% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 220,134 shares of company stock valued at $64,268,949 over the last 90 days. Insiders own 40.90% of the company’s stock.

Wall Street Analysts Forecast Growth

ORCL has been the subject of several recent analyst reports. Stifel Nicolaus increased their price target on Oracle from $250.00 to $350.00 and gave the stock a “buy” rating in a report on Wednesday, September 10th. Stephens increased their target price on Oracle from $208.00 to $331.00 and gave the stock an “equal weight” rating in a report on Friday, October 17th. Baird R W raised shares of Oracle to a “strong-buy” rating in a research report on Wednesday, October 8th. Piper Sandler lifted their price target on Oracle from $330.00 to $380.00 and gave the stock an “overweight” rating in a report on Friday, October 17th. Finally, Rothschild & Co Redburn assumed coverage on shares of Oracle in a report on Thursday, September 25th. They issued a “sell” rating and a $175.00 price objective for the company. Three investment analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, ten have assigned 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 an average target price of $323.69.

About Oracle

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.