AGF Management Ltd. Has $133.99 Million Position in Oracle Corporation $ORCL

AGF Management Ltd. raised its stake in shares of Oracle Corporation (NYSE:ORCL) by 180.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 612,838 shares of the enterprise software provider’s stock after purchasing an additional 394,544 shares during the period. AGF Management Ltd.’s holdings in Oracle were worth $133,985,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of ORCL. True Wealth Design LLC grew its stake in Oracle by 6.0% in the 2nd quarter. True Wealth Design LLC now owns 813 shares of the enterprise software provider’s stock valued at $178,000 after buying an additional 46 shares during the last quarter. AE Wealth Management LLC boosted its holdings in Oracle by 147.0% during the second quarter. AE Wealth Management LLC now owns 190,487 shares of the enterprise software provider’s stock valued at $41,646,000 after acquiring an additional 113,371 shares during the period. Stokes Family Office LLC grew its position in shares of Oracle by 0.5% in the second quarter. Stokes Family Office LLC now owns 35,538 shares of the enterprise software provider’s stock valued at $7,770,000 after purchasing an additional 189 shares during the last quarter. Paradigm Asset Management Co. LLC increased its stake in shares of Oracle by 143.3% in the second quarter. Paradigm Asset Management Co. LLC now owns 26,150 shares of the enterprise software provider’s stock worth $5,717,000 after purchasing an additional 15,400 shares during the period. Finally, Mark Sheptoff Financial Planning LLC lifted its position in shares of Oracle by 20.0% during the 2nd quarter. Mark Sheptoff Financial Planning LLC now owns 600 shares of the enterprise software provider’s stock worth $131,000 after purchasing an additional 100 shares during the last quarter. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Oracle Stock Down 1.9%

Shares of ORCL opened at $239.15 on Friday. 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 company has a 50-day moving average price of $279.32 and a two-hundred day moving average price of $229.88. The stock has a market cap of $681.77 billion, a price-to-earnings ratio of 55.36, a P/E/G ratio of 2.96 and a beta of 1.51. Oracle Corporation has a 12 month low of $118.86 and a 12 month high of $345.72.

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 analysts’ consensus estimates of $1.48 by ($0.01). The company had revenue of $14.93 billion during the quarter, compared to analyst estimates of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.The company’s quarterly revenue was up 12.2% on a year-over-year basis. During the same period in the previous year, the company posted $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Equities analysts predict that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th were issued a dividend of $0.50 per share. The ex-dividend date of this dividend was Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.8%. Oracle’s dividend payout ratio (DPR) is presently 46.30%.

Insider Buying and Selling

In other Oracle news, EVP Stuart Levey sold 19,758 shares of the company’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 sale, the executive vice president directly owned 18,429 shares of the company’s stock, valued at approximately $5,528,700. This represents a 51.74% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Jeffrey Berg sold 49,365 shares of Oracle stock in a transaction that occurred on Tuesday, October 28th. The shares were sold at an average price of $283.02, for a total transaction of $13,971,282.30. Following the completion of the transaction, the director owned 151,999 shares of the company’s stock, valued at $43,018,756.98. This trade represents a 24.52% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 204,254 shares of company stock worth $60,227,807 in the last three months. Company insiders own 40.90% of the company’s stock.

Wall Street Analyst Weigh In

ORCL has been the topic of a number of research analyst reports. TD Cowen raised their target price on Oracle from $325.00 to $375.00 and gave the company a “buy” rating in a report on Wednesday, September 10th. Barclays raised their price objective on shares of Oracle from $367.00 to $400.00 and gave the stock an “overweight” rating in a research note on Friday, October 17th. Jefferies Financial Group upped their target price on shares of Oracle from $360.00 to $400.00 and gave the company a “buy” rating in a research note on Friday, October 17th. Guggenheim raised their price target on shares of Oracle from $375.00 to $400.00 and gave the stock a “buy” rating in a research report on Friday, October 17th. Finally, Weiss Ratings downgraded shares of Oracle from a “buy (b-)” rating to a “hold (c+)” rating in a report on Saturday, October 25th. 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 given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target 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.