Advisors Capital Management LLC Purchases 59,826 Shares of Oracle Corporation $ORCL

Advisors Capital Management LLC lifted its position in shares of Oracle Corporation (NYSE:ORCL) by 26.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 290,095 shares of the enterprise software provider’s stock after buying an additional 59,826 shares during the period. Advisors Capital Management LLC’s holdings in Oracle were worth $63,424,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. LGT Financial Advisors LLC acquired a new stake in shares of Oracle in the second quarter valued at approximately $33,000. Legend Financial Advisors Inc. bought a new position in Oracle in the second quarter valued at $34,000. HighMark Wealth Management LLC acquired a new stake in Oracle in the 2nd quarter valued at $38,000. Moser Wealth Advisors LLC increased its stake in Oracle by 1,770.0% in the 2nd quarter. Moser Wealth Advisors LLC now owns 187 shares of the enterprise software provider’s stock valued at $41,000 after buying an additional 177 shares during the last quarter. Finally, Orion Capital Management LLC lifted its position in Oracle by 32.2% during the 2nd quarter. Orion Capital Management LLC now owns 193 shares of the enterprise software provider’s stock worth $42,000 after buying an additional 47 shares in the last quarter. Institutional investors and hedge funds own 42.44% of the company’s stock.

Insider Buying and Selling at Oracle

In other Oracle news, Director Naomi O. Seligman sold 2,222 shares of the stock in a transaction on Friday, September 26th. The stock was sold at an average price of $288.91, for a total transaction of $641,958.02. Following the transaction, the director owned 29,225 shares in the company, valued at $8,443,394.75. This trade represents a 7.07% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, 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 completion of the sale, the executive vice president directly owned 18,429 shares of the company’s stock, valued at approximately $5,528,700. The trade was a 51.74% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 204,254 shares of company stock worth $60,227,807 in the last 90 days. Company insiders own 40.90% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on ORCL. Cowen restated a “buy” rating on shares of Oracle in a report on Friday, October 17th. Royal Bank Of Canada restated a “sector perform” rating and issued a $310.00 price target on shares of Oracle in a research note on Friday, October 17th. Sanford C. Bernstein boosted their price target on Oracle from $363.00 to $364.00 and gave the stock an “outperform” rating in a research report on Friday, September 26th. JPMorgan Chase & Co. increased their price objective on Oracle from $185.00 to $210.00 and gave the company a “neutral” rating in a report on Monday, September 8th. Finally, William Blair reissued an “outperform” rating on shares of Oracle in a research note on Friday, October 17th. Three research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $323.69.

Oracle Stock Performance

NYSE ORCL opened at $217.68 on Friday. The stock has a market cap of $620.56 billion, a PE ratio of 50.39, a P/E/G ratio of 2.96 and a beta of 1.51. The company has a debt-to-equity ratio of 3.33, a quick ratio of 0.62 and a current ratio of 0.62. The firm has a 50-day moving average of $279.79 and a 200-day moving average of $232.56. Oracle Corporation has a 52-week low of $118.86 and a 52-week high of $345.72.

Oracle (NYSE:ORCL) last announced its quarterly earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 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 net margin of 21.08% and a return on equity of 72.93%. The firm’s quarterly revenue was up 12.2% on a year-over-year basis. During the same quarter last year, the company posted $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, sell-side analysts anticipate that Oracle Corporation will post 5 EPS for the current year.

Oracle Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th were paid a dividend of $0.50 per share. The ex-dividend date was Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.9%. Oracle’s dividend payout ratio (DPR) is 46.30%.

Oracle 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.