Oracle (NYSE:ORCL) Price Target Raised to $320.00 at Morgan Stanley

Oracle (NYSE:ORCL) had its price objective upped by Morgan Stanley from $246.00 to $320.00 in a research note issued to investors on Tuesday morning,Benzinga reports. The firm currently has an equal weight rating on the enterprise software provider’s stock.

ORCL has been the topic of several other research reports. Cantor Fitzgerald raised their price objective on shares of Oracle from $271.00 to $400.00 and gave the company an “overweight” rating in a research report on Wednesday, September 10th. Scotiabank restated an “outperform” rating on shares of Oracle in a research report on Wednesday, September 10th. Bank of America raised shares of Oracle from a “neutral” rating to a “buy” rating and increased their target price for the company from $295.00 to $368.00 in a report on Wednesday, September 10th. Barclays increased their target price on shares of Oracle from $221.00 to $281.00 and gave the company an “overweight” rating in a report on Monday, September 8th. Finally, JMP Securities increased their target price on shares of Oracle from $315.00 to $342.00 and gave the company a “market outperform” rating in a report on Wednesday, September 10th. Two analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat.com, Oracle currently has a consensus rating of “Moderate Buy” and an average price target of $305.75.

Oracle Stock Performance

NYSE ORCL opened at $314.90 on Tuesday. Oracle 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 stock has a market capitalization of $894.84 billion, a PE ratio of 72.89, a P/E/G ratio of 3.55 and a beta of 1.46. The company’s 50 day simple moving average is $255.23 and its two-hundred day simple moving average is $197.74.

Oracle (NYSE:ORCL) last posted 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). The firm had revenue of $14.93 billion during the quarter, compared to analysts’ expectations of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.The business’s revenue for the quarter was up 12.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Analysts predict that Oracle will post 5 earnings per share for the current fiscal year.

Oracle Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th will be issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Thursday, October 9th. Oracle’s dividend payout ratio (DPR) is 46.30%.

Insiders Place Their Bets

In related news, insider Michael D. Sicilia sold 33,845 shares of the stock in a transaction dated Tuesday, September 23rd. The shares were sold at an average price of $321.16, for a total value of $10,869,660.20. Following the completion of the transaction, the insider directly owned 132,656 shares of the company’s stock, 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 Securities & Exchange Commission, which is available at this link. Also, Director William G. Parrett sold 11,500 shares of the 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 directly owned 17,764 shares of the company’s stock, 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. Over the last 90 days, insiders have sold 112,092 shares of company stock worth $32,960,165. 42.20% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Oracle

Institutional investors have recently bought and sold shares of the stock. Redmont Wealth Advisors LLC bought a new stake in Oracle during the first quarter worth about $27,000. Inlight Wealth Management LLC bought a new stake in Oracle during the first quarter worth about $28,000. Winnow Wealth LLC bought a new stake in Oracle during the second quarter worth about $28,000. Iron Horse Wealth Management LLC boosted its stake in Oracle by 284.9% during 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. Finally, Kilter Group LLC bought a new stake in Oracle during the second quarter worth about $30,000. 42.44% of the stock is owned by institutional investors.

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.