Biltmore Family Office LLC Grows Position in Oracle Corporation $ORCL

by · The Cerbat Gem

Biltmore Family Office LLC grew its position in Oracle Corporation (NYSE:ORCL – Free Report) by 3.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,661 shares of the enterprise software provider’s stock after buying an additional 538 shares during the quarter. Biltmore Family Office LLC’s holdings in Oracle were worth $3,424,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the company. Vanguard Group Inc. increased its position in shares of Oracle by 2.2% in the first quarter. Vanguard Group Inc. now owns 160,925,413 shares of the enterprise software provider’s stock valued at $22,498,982,000 after buying an additional 3,513,464 shares in the last quarter. Northern Trust Corp increased its position in shares of Oracle by 0.6% in the first quarter. Northern Trust Corp now owns 19,741,423 shares of the enterprise software provider’s stock valued at $2,760,048,000 after buying an additional 120,889 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Oracle by 0.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 13,884,524 shares of the enterprise software provider’s stock valued at $1,941,195,000 after buying an additional 59,164 shares in the last quarter. Amundi increased its position in shares of Oracle by 3.3% in the first quarter. Amundi now owns 12,736,855 shares of the enterprise software provider’s stock valued at $1,749,280,000 after buying an additional 409,691 shares in the last quarter. Finally, Polen Capital Management LLC increased its position in shares of Oracle by 17.6% in the first quarter. Polen Capital Management LLC now owns 12,609,101 shares of the enterprise software provider’s stock valued at $1,762,878,000 after buying an additional 1,885,370 shares in the last quarter. Hedge funds and other institutional investors own 42.44% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently commented on ORCL shares. JMP Securities reiterated a “market outperform” rating and set a $342.00 price objective on shares of Oracle in a research report on Friday, October 17th. Baird R W upgraded Oracle to a “strong-buy” rating in a research report on Wednesday, October 8th. Evercore ISI lifted their price objective on Oracle from $350.00 to $385.00 and gave the stock an “outperform” rating in a research report on Friday, October 17th. Morgan Stanley lifted their price objective on Oracle from $246.00 to $320.00 and gave the stock an “equal weight” rating in a research report on Tuesday, September 23rd. Finally, Robert W. Baird started coverage on Oracle in a research report on Wednesday, October 8th. They set an “outperform” rating and a $365.00 price objective for the company. Three investment analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $323.69.

Read Our Latest Stock Analysis on Oracle

Insider Transactions at Oracle

In other news, Director Naomi O. Seligman sold 2,222 shares of Oracle stock in a transaction dated Friday, September 26th. The stock was sold at an average price of $288.91, for a total value of $641,958.02. Following the transaction, the director directly owned 29,225 shares of the company’s stock, valued at $8,443,394.75. The trade was a 7.07% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, insider Michael D. Sicilia sold 33,845 shares of Oracle stock in a transaction dated Tuesday, September 23rd. The shares were sold at an average price of $321.16, for a total value of $10,869,660.20. Following the completion of the transaction, the insider directly owned 132,656 shares in the company, valued at $42,603,800.96. This represents a 20.33% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 170,769 shares of company stock worth $50,297,667 in the last quarter. 40.90% of the stock is currently owned by corporate insiders.

Oracle Stock Down 0.2%

Shares of NYSE:ORCL opened at $280.85 on Wednesday. The stock’s 50-day moving average price is $276.17 and its two-hundred day moving average price is $223.63. 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 Corporation has a 12-month low of $118.86 and a 12-month high of $345.72. The firm has a market cap of $800.65 billion, a price-to-earnings ratio of 65.01, a PEG ratio of 3.02 and a beta of 1.53.

Oracle (NYSE:ORCL – Get Free Report) last issued its quarterly 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). Oracle had a return on equity of 72.93% and a net margin of 21.08%.The business had revenue of $14.93 billion during the quarter, compared to analyst estimates of $15.04 billion. During the same period in the previous year, the business posted $1.39 earnings per share. 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. On average, research analysts forecast that Oracle Corporation will post 5 EPS for the current year.

Oracle Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th were paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend 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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