Bahl & Gaynor Inc. Sells 20,407 Shares of Oracle Corporation $ORCL

Bahl & Gaynor Inc. trimmed its position in Oracle Corporation (NYSE:ORCLFree Report) by 8.0% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 233,541 shares of the enterprise software provider’s stock after selling 20,407 shares during the quarter. Bahl & Gaynor Inc.’s holdings in Oracle were worth $51,059,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Brighton Jones LLC boosted its stake in shares of Oracle by 189.3% during the fourth quarter. Brighton Jones LLC now owns 153,580 shares of the enterprise software provider’s stock valued at $25,593,000 after purchasing an additional 100,494 shares in the last quarter. Revolve Wealth Partners LLC boosted its position in Oracle by 8.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 5,418 shares of the enterprise software provider’s stock valued at $903,000 after acquiring an additional 404 shares in the last quarter. Trivest Advisors Ltd purchased a new position in shares of Oracle in the 1st quarter valued at $5,592,000. PFG Advisors raised its position in shares of Oracle by 17.1% in the 1st quarter. PFG Advisors now owns 4,061 shares of the enterprise software provider’s stock worth $568,000 after acquiring an additional 593 shares in the last quarter. Finally, Oak Thistle LLC purchased a new stake in shares of Oracle during the 1st quarter worth $518,000. Hedge funds and other institutional investors own 42.44% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on ORCL shares. Rothschild & Co Redburn began coverage on Oracle in a research note on Thursday, September 25th. They issued a “sell” rating and a $175.00 target price on the stock. DA Davidson raised their price target on shares of Oracle from $220.00 to $300.00 and gave the company a “neutral” rating in a report on Wednesday, September 10th. Mizuho lifted their price objective on shares of Oracle from $300.00 to $350.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 10th. Barclays increased their target price on shares of Oracle from $367.00 to $400.00 and gave the company an “overweight” rating in a research report on Friday, October 17th. Finally, Baird R W upgraded shares of Oracle to a “strong-buy” rating in a research note on Wednesday, October 8th. Three analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $322.26.

Get Our Latest Stock Analysis on Oracle

Insider Activity

In other Oracle news, EVP Maria Smith sold 5,000 shares of Oracle stock in a transaction that occurred on Thursday, October 23rd. The shares were sold at an average price of $280.62, for a total transaction of $1,403,100.00. Following the completion of the sale, the executive vice president directly owned 47,083 shares in the company, valued at approximately $13,212,431.46. The trade was a 9.60% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Stuart Levey sold 19,758 shares of the stock in a transaction on Friday, October 10th. The stock was 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 owned 18,429 shares in the company, valued at $5,528,700. The trade was a 51.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 204,254 shares of company stock valued at $60,227,807. 40.90% of the stock is owned by insiders.

Oracle Trading Down 5.8%

NYSE ORCL opened at $198.54 on Friday. The company has a fifty day simple moving average of $272.92 and a two-hundred day simple moving average of $235.56. The stock has a market cap of $566.00 billion, a P/E ratio of 45.96, 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. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.33.

Oracle (NYSE:ORCLGet Free Report) last announced its quarterly earnings data 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). The company had revenue of $14.93 billion for the quarter, compared to analysts’ expectations of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. Oracle’s quarterly revenue was up 12.2% compared to the same quarter last year. During the same period last year, the firm earned $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, analysts forecast that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th were paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Thursday, October 9th. Oracle’s dividend payout ratio (DPR) is presently 46.30%.

About Oracle

(Free Report)

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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Institutional Ownership by Quarter for Oracle (NYSE:ORCL)

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