Oracle Corporation $ORCL Shares Bought by Cobblestone Capital Advisors LLC NY

Cobblestone Capital Advisors LLC NY raised its stake in Oracle Corporation (NYSE:ORCL) by 4.0% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 11,297 shares of the enterprise software provider’s stock after purchasing an additional 430 shares during the quarter. Cobblestone Capital Advisors LLC NY’s holdings in Oracle were worth $2,470,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Redmont Wealth Advisors LLC acquired a new position in shares of Oracle during the 1st quarter valued at $27,000. Iron Horse Wealth Management LLC increased its position in shares of Oracle by 284.9% in the 1st quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider’s stock worth $29,000 after purchasing an additional 151 shares during the last quarter. LGT Financial Advisors LLC bought a new stake in shares of Oracle in the 2nd quarter worth about $33,000. Legend Financial Advisors Inc. bought a new stake in shares of Oracle in the 2nd quarter worth about $34,000. Finally, HighMark Wealth Management LLC bought a new stake in shares of Oracle during the 2nd quarter valued at about $38,000. Institutional investors and hedge funds own 42.44% of the company’s stock.

Insider Activity at Oracle

In other news, EVP Stuart Levey sold 19,758 shares of the business’s stock in a transaction dated Friday, October 10th. The shares were sold at an average price of $300.00, for a total transaction of $5,927,400.00. Following the transaction, the executive vice president owned 18,429 shares in the company, valued at approximately $5,528,700. The trade was a 51.74% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director William G. Parrett sold 11,500 shares of the business’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 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 position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 170,769 shares of company stock worth $50,297,667. Insiders own 40.90% of the company’s stock.

Oracle Stock Performance

ORCL stock opened at $283.45 on Monday. 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 50 day moving average of $274.59 and a two-hundred day moving average of $221.61. The company has a market capitalization of $808.05 billion, a price-to-earnings ratio of 65.61, a P/E/G ratio of 3.04 and a beta of 1.53. Oracle Corporation has a 12 month low of $118.86 and a 12 month high of $345.72.

Oracle (NYSE:ORCL) last posted its quarterly earnings data 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). The firm 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 period in the prior 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 analysts anticipate that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Dividend Announcement

The business also recently disclosed 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. The ex-dividend date was Thursday, October 9th. This represents a $2.00 annualized dividend and a dividend yield of 0.7%. Oracle’s payout ratio is presently 46.30%.

Wall Street Analysts Forecast Growth

ORCL has been the subject of a number of recent research reports. Bank of America raised shares of Oracle from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $295.00 to $368.00 in a research report on Wednesday, September 10th. Sanford C. Bernstein upped their price target on shares of Oracle from $363.00 to $364.00 and gave the stock an “outperform” rating in a research note on Friday, September 26th. Berenberg Bank upped their price target on shares of Oracle from $202.00 to $306.00 and gave the stock a “hold” rating in a research note on Monday, September 15th. Cantor Fitzgerald upped their price target on shares of Oracle from $271.00 to $400.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 10th. Finally, Wolfe Research boosted their target price on shares of Oracle from $300.00 to $400.00 and gave the stock an “outperform” rating in a report on Wednesday, September 10th. Three research analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus 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.