Cerity Partners LLC Has $227.82 Million Holdings in Oracle Corporation $ORCL

Cerity Partners LLC raised its holdings in shares of Oracle Corporation (NYSE:ORCL) by 2.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,041,970 shares of the enterprise software provider’s stock after acquiring an additional 20,504 shares during the quarter. Cerity Partners LLC’s holdings in Oracle were worth $227,820,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the stock. Winnow Wealth LLC purchased a new position in Oracle during the second quarter valued at approximately $28,000. Kilter Group LLC acquired a new stake in shares of Oracle during the 2nd quarter valued at $30,000. LGT Financial Advisors LLC purchased a new position in shares of Oracle during the 2nd quarter valued at $33,000. Legend Financial Advisors Inc. acquired a new position in shares of Oracle in the second quarter worth $34,000. Finally, HighMark Wealth Management LLC acquired a new position in shares of Oracle in the second quarter worth $38,000. 42.44% of the stock is owned by hedge funds and other institutional investors.

Oracle Price Performance

NYSE ORCL opened at $218.04 on Friday. Oracle Corporation has a 1 year low of $118.86 and a 1 year high of $345.72. The company has a fifty day simple moving average of $253.08 and a 200 day simple moving average of $239.53. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.33. The company has a market cap of $621.59 billion, a P/E ratio of 50.47, a P/E/G ratio of 2.47 and a beta of 1.66.

Oracle (NYSE:ORCL) last announced its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 EPS 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 during the quarter, compared to the consensus estimate of $15.04 billion. During the same quarter last year, the business earned $1.39 EPS. The business’s revenue was up 12.2% compared to the same quarter last year. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, sell-side analysts predict that Oracle Corporation will post 5 EPS for the current year.

Oracle Dividend Announcement

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

Analysts Set New Price Targets

A number of analysts recently issued reports on ORCL shares. Weiss Ratings reissued a “hold (c+)” rating on shares of Oracle in a research report on Monday, December 1st. Cantor Fitzgerald lifted their price target on Oracle from $271.00 to $400.00 and gave the company an “overweight” rating in a report on Wednesday, September 10th. HSBC restated a “buy” rating and issued a $382.00 price objective on shares of Oracle in a report on Wednesday, November 26th. Stifel Nicolaus lifted their target price on shares of Oracle from $250.00 to $350.00 and gave the company a “buy” rating in a research note on Wednesday, September 10th. Finally, Evercore ISI boosted their target price on shares of Oracle from $350.00 to $385.00 and gave the stock an “outperform” rating in a research report on Friday, October 17th. Four analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $322.73.

Insider Buying and Selling

In other news, CEO Clayton M. Magouyrk sold 40,000 shares of the company’s stock in a transaction that occurred on Tuesday, October 21st. The stock was sold at an average price of $276.64, for a total transaction of $11,065,600.00. Following the completion of the transaction, the chief executive officer directly owned 154,030 shares in the company, valued at $42,610,859.20. The trade was a 20.62% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director William G. Parrett sold 11,500 shares of the stock in a transaction that occurred on Friday, September 12th. The shares were 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 represents a 39.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 204,254 shares of company stock worth $60,227,807. 40.90% of the stock is currently owned by company insiders.

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.