Edgestream Partners L.P. Has $1.92 Million Holdings in Oracle Corporation $ORCL

Edgestream Partners L.P. decreased its holdings in shares of Oracle Corporation (NYSE:ORCL) by 82.7% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,770 shares of the enterprise software provider’s stock after selling 41,960 shares during the quarter. Edgestream Partners L.P.’s holdings in Oracle were worth $1,917,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in ORCL. Swiss National Bank grew its stake in Oracle by 7.6% in the second quarter. Swiss National Bank now owns 5,093,200 shares of the enterprise software provider’s stock valued at $1,113,526,000 after purchasing an additional 360,000 shares in the last quarter. Lockheed Martin Investment Management Co. grew its stake in shares of Oracle by 4.3% in the first quarter. Lockheed Martin Investment Management Co. now owns 51,350 shares of the enterprise software provider’s stock valued at $7,179,000 after buying an additional 2,110 shares in the last quarter. Private Wealth Asset Management LLC increased its holdings in Oracle by 9.2% during the second quarter. Private Wealth Asset Management LLC now owns 3,817 shares of the enterprise software provider’s stock worth $835,000 after buying an additional 321 shares during the last quarter. Soltis Investment Advisors LLC increased its holdings in Oracle by 4.8% during the second quarter. Soltis Investment Advisors LLC now owns 32,937 shares of the enterprise software provider’s stock worth $7,201,000 after buying an additional 1,515 shares during the last quarter. Finally, Cascade Investment Group Inc. bought a new stake in Oracle during the second quarter worth $239,000. Institutional investors own 42.44% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on ORCL shares. Mizuho lifted their price objective on shares of Oracle from $300.00 to $350.00 and gave the company an “outperform” rating in a research report on Wednesday, September 10th. Evercore ISI raised their target price on shares of Oracle from $350.00 to $385.00 and gave the company an “outperform” rating in a research note on Friday, October 17th. Rothschild & Co Redburn began coverage on Oracle in a research report on Thursday, September 25th. They set a “sell” rating and a $175.00 price target on the stock. BNP Paribas set a $377.00 price objective on Oracle in a research note on Wednesday, September 10th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $375.00 target price on shares of Oracle in a research note on Wednesday, November 26th. Three analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $322.73.

Oracle Stock Performance

NYSE:ORCL opened at $218.04 on Friday. The stock has a 50 day simple moving average of $253.08 and a 200 day simple moving average of $238.98. The stock has a market cap of $621.59 billion, a P/E ratio of 50.47, a PEG ratio of 2.43 and a beta of 1.66. Oracle Corporation has a 1-year low of $118.86 and a 1-year 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:ORCL) last posted its quarterly earnings data on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share for the quarter, missing the consensus estimate of $1.48 by ($0.01). Oracle had a return on equity of 72.93% and a net margin of 21.08%.The firm had revenue of $14.93 billion for the quarter, compared to the consensus estimate of $15.04 billion. During the same quarter in the previous year, the business earned $1.39 EPS. The firm’s quarterly revenue was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Research analysts anticipate that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th were paid a $0.50 dividend. The ex-dividend date was Thursday, October 9th. This represents a $2.00 annualized dividend and a yield of 0.9%. Oracle’s payout ratio is 46.30%.

Insider Transactions at Oracle

In other Oracle news, EVP Maria Smith sold 5,000 shares of the 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 transaction, the executive vice president owned 47,083 shares in the company, valued at $13,212,431.46. This represents a 9.60% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Naomi O. Seligman sold 2,222 shares of the firm’s stock in a transaction that occurred 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 directly owned 29,225 shares in the company, valued at $8,443,394.75. This represents a 7.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 204,254 shares of company stock worth $60,227,807. Company insiders own 40.90% of the company’s stock.

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.