Edgestream Partners L.P. Has $1.92 Million Position in Oracle Corporation $ORCL

Edgestream Partners L.P. decreased its position in shares of Oracle Corporation (NYSE:ORCL) by 82.7% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 8,770 shares of the enterprise software provider’s stock after selling 41,960 shares during the period. Edgestream Partners L.P.’s holdings in Oracle were worth $1,917,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Swiss National Bank boosted its stake in Oracle by 7.6% in the second quarter. Swiss National Bank now owns 5,093,200 shares of the enterprise software provider’s stock valued at $1,113,526,000 after buying an additional 360,000 shares in the last quarter. Lockheed Martin Investment Management Co. raised its stake in Oracle by 4.3% during the first quarter. Lockheed Martin Investment Management Co. now owns 51,350 shares of the enterprise software provider’s stock worth $7,179,000 after acquiring an additional 2,110 shares in the last quarter. Private Wealth Asset Management LLC lifted its holdings in shares of Oracle by 9.2% in the second quarter. Private Wealth Asset Management LLC now owns 3,817 shares of the enterprise software provider’s stock worth $835,000 after acquiring an additional 321 shares during the last quarter. Soltis Investment Advisors LLC boosted its stake in shares of Oracle by 4.8% in the 2nd quarter. Soltis Investment Advisors LLC now owns 32,937 shares of the enterprise software provider’s stock valued at $7,201,000 after purchasing an additional 1,515 shares in the last quarter. Finally, Cascade Investment Group Inc. acquired a new stake in shares of Oracle in the 2nd quarter valued at approximately $239,000. 42.44% of the stock is owned by institutional investors.

Oracle Stock Up 1.7%

Shares of NYSE:ORCL opened at $218.04 on Friday. The firm has a market cap of $621.59 billion, a P/E ratio of 50.47, a P/E/G ratio of 2.43 and a beta of 1.66. Oracle Corporation has a 12-month low of $118.86 and a 12-month high of $345.72. The business has a fifty day simple moving average of $253.08 and a 200 day simple moving average of $238.98. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 3.33.

Oracle (NYSE:ORCL) last released its quarterly earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.01). The company had revenue of $14.93 billion during the quarter, compared to the consensus estimate of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. The company’s quarterly revenue was up 12.2% on a year-over-year basis. During the same quarter last year, the firm posted $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Analysts predict that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, October 23rd. Investors of record on Thursday, October 9th were issued a $0.50 dividend. The ex-dividend date was Thursday, October 9th. This represents a $2.00 annualized dividend and a yield of 0.9%. Oracle’s dividend payout ratio is presently 46.30%.

Wall Street Analyst Weigh In

Several brokerages recently commented on ORCL. Jefferies Financial Group increased their price objective on shares of Oracle from $360.00 to $400.00 and gave the company a “buy” rating in a research note on Friday, October 17th. Evercore ISI upped their price target on shares of Oracle from $350.00 to $385.00 and gave the stock an “outperform” rating in a report on Friday, October 17th. Morgan Stanley raised their price objective on Oracle from $246.00 to $320.00 and gave the company an “equal weight” rating in a report on Tuesday, September 23rd. Melius Research boosted their price objective on Oracle from $270.00 to $370.00 and gave the stock a “buy” rating in a research report on Wednesday, September 10th. Finally, JMP Securities reaffirmed a “market outperform” rating and issued a $342.00 target price on shares of Oracle in a report on Friday, October 17th. Three research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $322.73.

Insider Buying and Selling at Oracle

In other Oracle news, EVP Stuart Levey sold 19,758 shares of the firm’s stock in a transaction that occurred on Friday, October 10th. The shares were sold at an average price of $300.00, for a total transaction of $5,927,400.00. Following the completion of the transaction, the executive vice president owned 18,429 shares in the company, valued at approximately $5,528,700. This trade represents a 51.74% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Clayton M. Magouyrk sold 40,000 shares of the business’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 owned 154,030 shares in the company, valued at $42,610,859.20. This trade represents a 20.62% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 204,254 shares of company stock worth $60,227,807. Company insiders own 40.90% of the company’s stock.

Oracle Profile

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.