WealthTrust Asset Management LLC Makes New Investment in Oracle Corporation $ORCL

by · The Cerbat Gem

WealthTrust Asset Management LLC purchased a new position in shares of Oracle Corporation (NYSE:ORCL – Free Report) during the second quarter, HoldingsChannel.com reports. The institutional investor purchased 6,781 shares of the enterprise software provider’s stock, valued at approximately $1,483,000. Oracle accounts for 1.1% of WealthTrust Asset Management LLC’s investment portfolio, making the stock its 20th largest position.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Cetera Investment Advisers increased its stake in Oracle by 1.0% in the 2nd quarter. Cetera Investment Advisers now owns 472,562 shares of the enterprise software provider’s stock valued at $103,316,000 after purchasing an additional 4,496 shares in the last quarter. Campbell Deegan Wealth Management LLC acquired a new stake in Oracle in the second quarter valued at $312,000. New England Capital Financial Advisors LLC raised its stake in shares of Oracle by 13.3% during the 2nd quarter. New England Capital Financial Advisors LLC now owns 1,315 shares of the enterprise software provider’s stock worth $288,000 after buying an additional 154 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in shares of Oracle by 7.5% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 398,897 shares of the enterprise software provider’s stock worth $87,211,000 after buying an additional 27,913 shares in the last quarter. Finally, Empower Advisory Group LLC boosted its position in shares of Oracle by 251.0% in the 2nd quarter. Empower Advisory Group LLC now owns 61,261 shares of the enterprise software provider’s stock worth $13,394,000 after buying an additional 43,810 shares in the last quarter. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have weighed in on ORCL shares. Cantor Fitzgerald raised their target price on shares of Oracle from $271.00 to $400.00 and gave the company an “overweight” rating in a report on Wednesday, September 10th. Evercore ISI boosted their price target on Oracle from $350.00 to $385.00 and gave the stock an “outperform” rating in a report on Friday, October 17th. Barclays upped their price objective on Oracle from $367.00 to $400.00 and gave the company an “overweight” rating in a research report on Friday, October 17th. William Blair reiterated an “outperform” rating on shares of Oracle in a research report on Friday, October 17th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Oracle in a research note on Thursday. Three research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $323.69.

Read Our Latest Stock Report on ORCL

Oracle Stock Up 2.4%

Shares of NYSE ORCL opened at $222.88 on Friday. The stock has a market capitalization of $635.37 billion, a PE ratio of 51.59, a P/E/G ratio of 2.96 and a beta of 1.51. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 3.33. The firm has a fifty day moving average of $279.59 and a 200-day moving average of $233.14. Oracle Corporation has a 52-week low of $118.86 and a 52-week high of $345.72.

Oracle (NYSE:ORCL – Get Free Report) last issued its earnings results 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). Oracle had a net margin of 21.08% and a return on equity of 72.93%. The firm had revenue of $14.93 billion during the quarter, compared to analyst estimates of $15.04 billion. During the same quarter in the previous year, the business posted $1.39 EPS. Oracle’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, analysts anticipate 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. Investors of record on Thursday, October 9th were given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend was Thursday, October 9th. Oracle’s dividend payout ratio is 46.30%.

Insider Transactions at Oracle

In other Oracle news, Director Jeffrey Berg sold 49,365 shares of the business’s stock in a transaction that occurred on Tuesday, October 28th. The shares were sold at an average price of $283.02, for a total transaction of $13,971,282.30. Following the completion of the sale, the director directly owned 151,999 shares in the company, valued at $43,018,756.98. The trade was a 24.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Michael D. Sicilia sold 33,845 shares of the stock in a transaction on Tuesday, September 23rd. The stock was sold at an average price of $321.16, for a total transaction of $10,869,660.20. Following the completion of the sale, the insider directly owned 132,656 shares of the company’s stock, valued at $42,603,800.96. The trade was a 20.33% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 204,254 shares of company stock valued at $60,227,807 in the last three months. 40.90% of the stock is owned by company insiders.

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.

Further Reading

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