Sovran Advisors LLC Makes New $289,000 Investment in Oracle Corporation $ORCL

Sovran Advisors LLC bought a new position in shares of Oracle Corporation (NYSE:ORCL) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 1,233 shares of the enterprise software provider’s stock, valued at approximately $289,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Reyes Financial Architecture Inc. raised its stake in Oracle by 7.2% during the 2nd quarter. Reyes Financial Architecture Inc. now owns 643 shares of the enterprise software provider’s stock worth $141,000 after acquiring an additional 43 shares during the period. Davis Investment Partners LLC raised its position in shares of Oracle by 0.7% during the second quarter. Davis Investment Partners LLC now owns 6,930 shares of the enterprise software provider’s stock valued at $1,517,000 after buying an additional 46 shares during the last quarter. Sunpointe LLC raised its position in shares of Oracle by 0.9% during the second quarter. Sunpointe LLC now owns 5,563 shares of the enterprise software provider’s stock valued at $1,216,000 after buying an additional 48 shares during the last quarter. GSG Advisors LLC raised its position in shares of Oracle by 2.2% during the second quarter. GSG Advisors LLC now owns 2,427 shares of the enterprise software provider’s stock valued at $531,000 after buying an additional 52 shares during the last quarter. Finally, Greenfield Savings Bank raised its position in shares of Oracle by 0.6% during the second quarter. Greenfield Savings Bank now owns 9,117 shares of the enterprise software provider’s stock valued at $1,993,000 after buying an additional 53 shares during the last quarter. Institutional investors own 42.44% of the company’s stock.

Insider Activity at Oracle

In other Oracle news, EVP Maria Smith sold 10,000 shares of the stock in a transaction dated Thursday, July 3rd. The shares were sold at an average price of $232.99, for a total transaction of $2,329,900.00. Following the transaction, the executive vice president directly owned 40,807 shares in the company, valued at $9,507,622.93. This represents a 19.68% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Michael D. Sicilia sold 16,323 shares of the stock in a transaction dated Tuesday, September 16th. The stock was sold at an average price of $313.60, for a total transaction of $5,118,892.80. Following the transaction, the insider owned 110,094 shares in the company, valued at approximately $34,525,478.40. The trade was a 12.91% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 78,247 shares of company stock worth $22,090,505 over the last quarter. Corporate insiders own 42.20% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $240.00 price objective (up previously from $200.00) on shares of Oracle in a research report on Thursday, June 12th. Morgan Stanley lifted their price objective on shares of Oracle from $175.00 to $246.00 and gave the company an “equal weight” rating in a research report on Monday, September 8th. DA Davidson lifted their price objective on shares of Oracle from $220.00 to $300.00 and gave the company a “neutral” rating in a research report on Wednesday, September 10th. BNP Paribas set a $377.00 price objective on shares of Oracle in a research report on Wednesday, September 10th. Finally, CIBC reiterated a “buy” rating on shares of Oracle in a research report on Monday, June 9th. Two research analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $303.44.

Oracle Stock Up 4.2%

Shares of ORCL opened at $309.18 on Friday. The firm has a market capitalization of $878.60 billion, a P/E ratio of 71.57, a P/E/G ratio of 3.34 and a beta of 1.46. Oracle Corporation has a 12-month low of $118.86 and a 12-month 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 firm has a fifty day moving average price of $251.63 and a 200-day moving average price of $195.39.

Oracle (NYSE:ORCL) last issued its 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 for the quarter, compared to the consensus estimate of $15.04 billion. During the same quarter in the previous year, the company earned $1.39 earnings per share. The firm’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. Equities research analysts expect that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 0.6%. The ex-dividend date is 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.