Stevens Capital Management LP Purchases Shares of 9,262 Oracle Corporation $ORCL

Stevens Capital Management LP purchased a new stake in shares of Oracle Corporation (NYSE:ORCL) in the second quarter, according to the company in its most recent filing with the SEC. The firm purchased 9,262 shares of the enterprise software provider’s stock, valued at approximately $2,025,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Rhumbline Advisers lifted its position in Oracle by 0.3% during the second quarter. Rhumbline Advisers now owns 3,141,262 shares of the enterprise software provider’s stock valued at $686,774,000 after purchasing an additional 10,369 shares during the last quarter. Mufg Securities Americas Inc. raised its position in shares of Oracle by 25.5% during the 2nd quarter. Mufg Securities Americas Inc. now owns 36,047 shares of the enterprise software provider’s stock valued at $7,881,000 after buying an additional 7,332 shares in the last quarter. Evelyn Partners Investment Management Services Ltd lifted its holdings in shares of Oracle by 4,329.6% during the 2nd quarter. Evelyn Partners Investment Management Services Ltd now owns 8,992 shares of the enterprise software provider’s stock worth $1,966,000 after acquiring an additional 8,789 shares during the last quarter. Evelyn Partners Investment Management LLP grew its position in Oracle by 112.4% in the second quarter. Evelyn Partners Investment Management LLP now owns 1,684 shares of the enterprise software provider’s stock worth $368,000 after acquiring an additional 891 shares in the last quarter. Finally, Sfmg LLC grew its position in Oracle by 55.8% in the second quarter. Sfmg LLC now owns 2,841 shares of the enterprise software provider’s stock worth $621,000 after acquiring an additional 1,018 shares in the last quarter. Hedge funds and other institutional investors own 42.44% of the company’s stock.

Analysts Set New Price Targets

ORCL has been the subject of a number of recent research reports. Guggenheim boosted their target price on Oracle from $375.00 to $400.00 and gave the stock a “buy” rating in a research report on Friday, October 17th. Berenberg Bank boosted their price objective on shares of Oracle from $202.00 to $306.00 and gave the stock a “hold” rating in a report on Monday, September 15th. Baird R W raised shares of Oracle to a “strong-buy” rating in a research note on Wednesday, October 8th. Citigroup reiterated a “buy” rating on shares of Oracle in a research report on Friday, October 10th. Finally, Scotiabank upped their price target on shares of Oracle from $350.00 to $360.00 and gave the company an “outperform” rating in a research report on Friday, October 17th. Three analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $322.26.

Insider Activity at Oracle

In other news, EVP Stuart Levey sold 19,758 shares of the firm’s stock in a transaction on Friday, October 10th. The stock was sold at an average price of $300.00, for a total value of $5,927,400.00. Following the transaction, the executive vice president directly owned 18,429 shares in the company, valued at $5,528,700. This trade represents a 51.74% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, EVP Maria Smith sold 5,000 shares of the business’s stock in a transaction dated Thursday, October 23rd. The shares were sold at an average price of $280.62, for a total value of $1,403,100.00. Following the sale, the executive vice president owned 47,083 shares of the company’s stock, valued at approximately $13,212,431.46. This represents a 9.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 204,254 shares of company stock valued at $60,227,807 over the last three months. 40.90% of the stock is owned by insiders.

Oracle Stock Down 5.8%

ORCL stock opened at $198.54 on Friday. Oracle Corporation has a fifty-two week low of $118.86 and a fifty-two week high of $345.72. The company has a market capitalization of $566.00 billion, a price-to-earnings ratio of 45.96, a price-to-earnings-growth ratio of 2.96 and a beta of 1.51. The business’s 50 day moving average price is $272.92 and its two-hundred day moving average price is $235.56. 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 issued its quarterly earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.48 by ($0.01). Oracle had a return on equity of 72.93% and a net margin of 21.08%.The business had revenue of $14.93 billion during the quarter, compared to the consensus estimate of $15.04 billion. During the same quarter in the previous year, the business earned $1.39 earnings per share. The firm’s revenue was up 12.2% compared to the same quarter last year. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, analysts forecast that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th were issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Thursday, October 9th. Oracle’s dividend payout ratio is presently 46.30%.

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.