Goelzer Investment Management Inc. Has $1.60 Million Position in Oracle Corporation $ORCL

by · The Markets Daily

Goelzer Investment Management Inc. boosted its holdings in Oracle Corporation (NYSE:ORCLFree Report) by 7.2% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 7,325 shares of the enterprise software provider’s stock after acquiring an additional 495 shares during the quarter. Goelzer Investment Management Inc.’s holdings in Oracle were worth $1,601,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Reyes Financial Architecture Inc. raised its stake in shares of Oracle by 7.2% during the 2nd quarter. Reyes Financial Architecture Inc. now owns 643 shares of the enterprise software provider’s stock worth $141,000 after purchasing an additional 43 shares during the period. Davis Investment Partners LLC raised its stake in shares of Oracle by 0.7% during the 2nd quarter. Davis Investment Partners LLC now owns 6,930 shares of the enterprise software provider’s stock worth $1,517,000 after purchasing an additional 46 shares during the period. Greenfield Savings Bank raised its stake in Oracle by 0.6% in the 2nd quarter. Greenfield Savings Bank now owns 9,117 shares of the enterprise software provider’s stock valued at $1,993,000 after acquiring an additional 53 shares during the period. Clarkston Capital Partners LLC raised its stake in Oracle by 1.1% in the 1st quarter. Clarkston Capital Partners LLC now owns 6,290 shares of the enterprise software provider’s stock valued at $879,000 after acquiring an additional 68 shares during the period. Finally, Tacita Capital Inc raised its stake in Oracle by 6.0% in the 1st quarter. Tacita Capital Inc now owns 1,245 shares of the enterprise software provider’s stock valued at $174,000 after acquiring an additional 70 shares during the period. Institutional investors and hedge funds own 42.44% of the company’s stock.

Oracle Stock Down 1.6%

Shares of ORCL opened at $301.64 on Thursday. The firm has a market cap of $857.17 billion, a P/E ratio of 69.82, a P/E/G ratio of 3.31 and a beta of 1.46. The stock has a 50 day simple moving average of $248.83 and a two-hundred day simple moving average of $193.18. The company has a debt-to-equity ratio of 3.33, a current ratio of 0.62 and a quick ratio of 0.62. Oracle Corporation has a 1 year low of $118.86 and a 1 year high of $345.72.

Oracle (NYSE:ORCLGet Free Report) last issued its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.48 by ($0.01). The firm had revenue of $14.93 billion during the quarter, compared to analysts’ expectations of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.The firm’s quarterly revenue was up 12.2% compared to the same quarter last year. During the same period in the prior year, the company earned $1.39 EPS. 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 fiscal year.

Oracle Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Thursday, October 9th. This represents a $2.00 annualized dividend and a yield of 0.7%. Oracle’s dividend payout ratio is currently 46.30%.

Insiders Place Their Bets

In other Oracle news, Director Naomi O. Seligman sold 3,303 shares of the company’s stock in a transaction that occurred on Wednesday, July 16th. The stock was sold at an average price of $233.32, for a total value of $770,655.96. Following the completion of the sale, the director owned 31,447 shares of the company’s stock, valued at $7,337,214.04. This represents a 9.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Rona Alison Fairhead bought 480 shares of the business’s stock in a transaction on Monday, July 7th. The stock was purchased at an average cost of $233.87 per share, with a total value of $112,257.60. Following the purchase, the director owned 22,110 shares of the company’s stock, valued at $5,170,865.70. This represents a 2.22% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have sold 78,247 shares of company stock valued at $22,090,505 over the last 90 days. Company insiders own 42.20% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the company. BMO Capital Markets set a $345.00 price objective on Oracle in a research note on Wednesday, September 10th. Raymond James Financial restated a “strong-buy” rating on shares of Oracle in a research note on Wednesday, June 18th. JMP Securities boosted their price objective on Oracle from $315.00 to $342.00 and gave the company a “market outperform” rating in a research note on Wednesday, September 10th. TD Cowen boosted their price objective on Oracle from $325.00 to $375.00 and gave the company a “buy” rating in a research note on Wednesday, September 10th. Finally, Oppenheimer restated an “outperform” rating on shares of Oracle in a research note on Wednesday, June 18th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $303.44.

Read Our Latest Research Report on Oracle

Oracle Company Profile

(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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