5,599 Shares in Oracle Corporation $ORCL Purchased by Meadowbrook Advisors Group LLC

Meadowbrook Advisors Group LLC purchased a new stake in shares of Oracle Corporation (NYSE:ORCLFree Report) during the fourth quarter, HoldingsChannel.com reports. The firm purchased 5,599 shares of the enterprise software provider’s stock, valued at approximately $1,091,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of ORCL. Perennial Investment Advisors LLC grew its position in shares of Oracle by 0.5% in the 3rd quarter. Perennial Investment Advisors LLC now owns 9,627 shares of the enterprise software provider’s stock worth $2,708,000 after buying an additional 45 shares during the last quarter. Consolidated Portfolio Review Corp raised its holdings in shares of Oracle by 1.0% during the third quarter. Consolidated Portfolio Review Corp now owns 4,988 shares of the enterprise software provider’s stock valued at $1,403,000 after acquiring an additional 50 shares in the last quarter. Mpwm Advisory Solutions LLC raised its holdings in shares of Oracle by 76.9% during the third quarter. Mpwm Advisory Solutions LLC now owns 115 shares of the enterprise software provider’s stock valued at $32,000 after acquiring an additional 50 shares in the last quarter. Clarion Wealth Managment Partners LLC lifted its stake in Oracle by 1.5% in the third quarter. Clarion Wealth Managment Partners LLC now owns 3,563 shares of the enterprise software provider’s stock worth $1,002,000 after acquiring an additional 51 shares during the period. Finally, Verum Partners LLC lifted its stake in Oracle by 2.2% in the fourth quarter. Verum Partners LLC now owns 2,409 shares of the enterprise software provider’s stock worth $470,000 after acquiring an additional 51 shares during the period. Institutional investors own 42.44% of the company’s stock.

Trending Headlines about Oracle

Here are the key news stories impacting Oracle this week:

Insider Buying and Selling

In related news, EVP Stuart Levey sold 15,000 shares of the business’s stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $176.19, for a total transaction of $2,642,850.00. Following the sale, the executive vice president owned 3,429 shares of the company’s stock, valued at $604,155.51. The trade was a 81.39% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 40.90% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. Oppenheimer boosted their price objective on shares of Oracle from $235.00 to $275.00 and gave the company an “outperform” rating in a research report on Monday, June 8th. TD Cowen raised their target price on shares of Oracle from $250.00 to $300.00 and gave the stock a “buy” rating in a research report on Monday, June 8th. KeyCorp reaffirmed an “overweight” rating on shares of Oracle in a research note on Thursday, June 11th. Morgan Stanley reiterated a “mixed” rating on shares of Oracle in a research report on Thursday, June 11th. Finally, Guggenheim reissued a “buy” rating and issued a $400.00 price target on shares of Oracle in a research note on Thursday, June 11th. Two analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $268.27.

Check Out Our Latest Stock Report on Oracle

Oracle Price Performance

ORCL opened at $184.66 on Friday. The stock has a fifty day simple moving average of $188.84 and a two-hundred day simple moving average of $177.39. The company has a current ratio of 1.12, a quick ratio of 1.35 and a debt-to-equity ratio of 2.84. The company has a market cap of $531.10 billion, a price-to-earnings ratio of 31.67, a price-to-earnings-growth ratio of 1.16 and a beta of 1.65. Oracle Corporation has a 12-month low of $134.57 and a 12-month high of $345.72.

Oracle (NYSE:ORCLGet Free Report) last announced its quarterly earnings data on Wednesday, June 10th. The enterprise software provider reported $2.11 EPS for the quarter, beating the consensus estimate of $1.96 by $0.15. Oracle had a return on equity of 56.43% and a net margin of 25.37%.The business had revenue of $19.18 billion during the quarter, compared to analyst estimates of $19.10 billion. During the same quarter last year, the firm posted $1.70 earnings per share. The company’s revenue for the quarter was up 20.6% on a year-over-year basis. Oracle has set its Q1 2027 guidance at 1.720-1.760 EPS and its FY 2027 guidance at 8.050-8.050 EPS. Research analysts predict that Oracle Corporation will post 6.45 earnings per share for the current fiscal year.

Oracle Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 24th. Investors of record on Friday, July 10th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Friday, July 10th. Oracle’s dividend payout ratio (DPR) is 34.31%.

Oracle Profile

(Free Report)

Oracle Corporation is a multinational technology company that develops and sells database software, cloud engineered systems, enterprise software applications and related services. The company is widely known for its flagship Oracle Database and a portfolio of enterprise-grade software products that support data management, application development, analytics and middleware. Over recent years Oracle has expanded its focus to include cloud infrastructure and cloud applications, positioning itself as a provider of both platform and software-as-a-service solutions for large organizations.

Oracle’s product and service offerings include Oracle Database and the Autonomous Database, Oracle Cloud Infrastructure (OCI), enterprise resource planning (ERP), human capital management (HCM) and supply chain management (SCM) cloud applications (often grouped under Oracle Fusion Cloud Applications), middleware such as WebLogic, and developer technologies including Java and MySQL.

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Institutional Ownership by Quarter for Oracle (NYSE:ORCL)

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