Cardinal Capital Management Inc. Has $30.68 Million Holdings in Oracle Corporation $ORCL

Cardinal Capital Management Inc. cut its stake in Oracle Corporation (NYSE:ORCL - Free Report) by 1.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 140,346 shares of the enterprise software provider's stock after selling 1,653 shares during the period. Cardinal Capital Management Inc.'s holdings in Oracle were worth $30,684,000 at the end of the most recent quarter.

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A number of other institutional investors also recently modified their holdings of the company. Redmont Wealth Advisors LLC bought a new position in Oracle in the 1st quarter worth about $27,000. Inlight Wealth Management LLC purchased a new position in shares of Oracle in the first quarter worth $28,000. Iron Horse Wealth Management LLC increased its position in Oracle by 284.9% during the first quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider's stock valued at $29,000 after acquiring an additional 151 shares during the last quarter. Sunbeam Capital Management LLC bought a new position in shares of Oracle in the fourth quarter worth about $30,000. Finally, Fourth Dimension Wealth LLC bought a new stake in shares of Oracle in the 4th quarter valued at approximately $36,000. 42.44% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Oracle

In other news, insider Clayton M. Magouyrk sold 21,241 shares of Oracle stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $297.11, for a total value of $6,310,913.51. Following the completion of the transaction, the insider owned 78,000 shares of the company's stock, valued at $23,174,580. This trade represents a 21.40% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director William G. Parrett sold 11,500 shares of Oracle stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $306.00, for a total transaction of $3,519,000.00. Following the sale, the director directly owned 17,764 shares of the company's stock, valued at $5,435,784. The trade was a 39.30% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 78,247 shares of company stock valued at $22,090,505 over the last three months. Insiders own 42.20% of the company's stock.

Oracle Stock Performance

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NYSE ORCL opened at $309.18 on Friday. The stock has a market capitalization of $878.60 billion, a price-to-earnings ratio of 71.57, a PEG ratio of 3.34 and a beta of 1.46. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.33. The business's 50 day moving average is $251.63 and its two-hundred day moving average is $195.39. Oracle Corporation has a 12-month low of $118.86 and a 12-month high of $345.72.

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

Oracle Announces Dividend

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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 issued a $0.50 dividend. The ex-dividend date is Thursday, October 9th. This represents a $2.00 annualized dividend and a yield of 0.6%. Oracle's dividend payout ratio (DPR) is 46.30%.

Wall Street Analyst Weigh In

ORCL has been the subject of a number of recent analyst reports. Cantor Fitzgerald raised their price objective on Oracle from $271.00 to $400.00 and gave the stock an "overweight" rating in a research report on Wednesday, September 10th. Stifel Nicolaus raised their price target on Oracle from $250.00 to $350.00 and gave the stock a "buy" rating in a report on Wednesday, September 10th. Scotiabank restated an "outperform" rating on shares of Oracle in a research report on Wednesday, September 10th. Cowen reaffirmed a "buy" rating and set a $375.00 price target on shares of Oracle in a research report on Wednesday, September 10th. Finally, The Goldman Sachs Group increased their price objective on shares of Oracle from $195.00 to $310.00 and gave the company a "neutral" rating in a report on Monday, September 15th. 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's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $303.44.

Check Out Our Latest Report on Oracle

About Oracle

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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