Baird R W upgraded shares of Oracle (NYSE:ORCL – Free Report) to a strong-buy rating in a research note issued to investors on Wednesday morning,Zacks.com reports.
A number of other research analysts have also weighed in on ORCL. Rothschild & Co Redburn began coverage on Oracle in a report on Thursday, September 25th. They issued a “sell” rating and a $175.00 target price on the stock. Roth Capital reiterated a “hold” rating on shares of Oracle in a report on Wednesday, June 18th. Berenberg Bank lifted their price target on Oracle from $202.00 to $306.00 and gave the stock a “hold” rating in a report on Monday, September 15th. Jefferies Financial Group lifted their price target on Oracle from $270.00 to $360.00 and gave the stock a “buy” rating in a report on Wednesday, September 10th. Finally, William Blair reiterated an “outperform” rating on shares of Oracle in a report on Monday, September 22nd. Three analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $306.71.
Read Our Latest Analysis on Oracle
Oracle Stock Down 1.3%
Oracle (NYSE:ORCL – Get Free Report) last posted its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.01). Oracle had a net margin of 21.08% and a return on equity of 72.93%. The company had revenue of $14.93 billion during the quarter, compared to the consensus estimate of $15.04 billion. During the same quarter in the prior year, the business earned $1.39 EPS. The firm’s revenue for the quarter was up 12.2% compared to the same quarter last year. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Sell-side analysts expect that Oracle will post 5 EPS for the current fiscal year.
Oracle Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th will be given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Thursday, October 9th. Oracle’s dividend payout ratio (DPR) is currently 46.30%.
Insider Transactions at Oracle
In other Oracle news, Director William G. Parrett sold 11,500 shares of the firm’s stock in a transaction on Friday, September 12th. The stock was sold at an average price of $306.00, for a total value of $3,519,000.00. Following the completion of the sale, the director directly owned 17,764 shares of the company’s stock, valued at $5,435,784. This trade represents a 39.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Michael D. Sicilia sold 33,845 shares of Oracle stock in a transaction on 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 owned 132,656 shares of the company’s stock, valued at approximately $42,603,800.96. This trade represents a 20.33% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 104,314 shares of company stock valued at $31,272,223. Corporate insiders own 40.90% of the company’s stock.
Hedge Funds Weigh In On Oracle
Several hedge funds have recently made changes to their positions in the stock. Kampmann Melissa S. grew its position in shares of Oracle by 0.3% in the third quarter. Kampmann Melissa S. now owns 11,910 shares of the enterprise software provider’s stock valued at $3,350,000 after purchasing an additional 35 shares in the last quarter. McLean Asset Management Corp grew its position in Oracle by 0.7% during the third quarter. McLean Asset Management Corp now owns 5,319 shares of the enterprise software provider’s stock worth $1,551,000 after buying an additional 36 shares in the last quarter. Snider Financial Group grew its position in Oracle by 1.3% during the second quarter. Snider Financial Group now owns 3,204 shares of the enterprise software provider’s stock worth $701,000 after buying an additional 40 shares in the last quarter. SNS Financial Group LLC grew its position in Oracle by 0.9% during the second quarter. SNS Financial Group LLC now owns 4,896 shares of the enterprise software provider’s stock worth $1,070,000 after buying an additional 42 shares in the last quarter. Finally, PKS Advisory Services LLC grew its position in Oracle by 1.9% during the second quarter. PKS Advisory Services LLC now owns 2,211 shares of the enterprise software provider’s stock worth $483,000 after buying an additional 42 shares in the last quarter. 42.44% of the stock is currently owned by hedge funds and other institutional investors.
Oracle Company Profile
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.
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