Eastern Bank Increases Stake in Oracle Corporation $ORCL

Eastern Bank lifted its stake in shares of Oracle Corporation (NYSE:ORCL) by 2.0% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 281,261 shares of the enterprise software provider’s stock after buying an additional 5,634 shares during the quarter. Eastern Bank’s holdings in Oracle were worth $41,219,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Roxbury Financial LLC raised its holdings in Oracle by 13.2% in the second quarter. Roxbury Financial LLC now owns 1,239 shares of the enterprise software provider’s stock valued at $182,000 after acquiring an additional 144 shares in the last quarter. VectorGlobal IAG Inc. purchased a new position in Oracle in the first quarter worth approximately $8,339,000. Redwood Investment Management LLC grew its holdings in Oracle by 11.9% during the 1st quarter. Redwood Investment Management LLC now owns 6,267 shares of the enterprise software provider’s stock worth $922,000 after acquiring an additional 667 shares in the last quarter. Ballast Advisors LLC grew its holdings in Oracle by 3.6% during the 1st quarter. Ballast Advisors LLC now owns 4,896 shares of the enterprise software provider’s stock worth $720,000 after acquiring an additional 169 shares in the last quarter. Finally, Sapient Capital LLC increased its position in shares of Oracle by 15.2% in the 1st quarter. Sapient Capital LLC now owns 14,655 shares of the enterprise software provider’s stock valued at $2,156,000 after purchasing an additional 1,935 shares during the last quarter. 42.44% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Oracle news, Vice Chairman Jeffrey Henley sold 400,000 shares of the company’s stock in a transaction on Wednesday, June 24th. The shares were sold at an average price of $159.16, for a total value of $63,664,000.00. Following the completion of the transaction, the insider owned 400,000 shares in the company, valued at $63,664,000. This represents a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 40.90% of the stock is currently owned by company insiders.

Oracle Stock Up 9.6%

ORCL stock opened at $142.33 on Tuesday. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 3.21. Oracle Corporation has a twelve month low of $114.50 and a twelve month high of $345.72. The company’s 50 day moving average is $162.86 and its two-hundred day moving average is $163.71. The stock has a market cap of $409.99 billion, a P/E ratio of 24.41, a PEG ratio of 0.82 and a beta of 1.72.

Oracle (NYSE:ORCL) last issued its quarterly earnings data on Wednesday, June 10th. The enterprise software provider reported $2.11 earnings per share for the quarter, topping the consensus estimate of $1.96 by $0.15. Oracle had a net margin of 25.37% and a return on equity of 58.62%. The business had revenue of $19.18 billion during the quarter, compared to the consensus estimate of $19.10 billion. During the same quarter in the previous year, the firm earned $1.70 EPS. The company’s revenue was up 20.6% compared to the same quarter last year. 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 expect that Oracle Corporation will post 6.47 earnings per share for the current fiscal year.

Oracle Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, July 24th. Investors of record on Friday, July 10th were given a $0.50 dividend. The ex-dividend date of this dividend was Friday, July 10th. This represents a $2.00 dividend on an annualized basis and a yield of 1.4%. Oracle’s payout ratio is 34.31%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the stock. KeyCorp restated an “overweight” rating on shares of Oracle in a report on Thursday, June 11th. Mizuho set a $320.00 target price on shares of Oracle in a research note on Wednesday, June 3rd. BMO Capital Markets increased their target price on Oracle from $200.00 to $220.00 and gave the company an “outperform” rating in a report on Thursday, June 11th. UBS Group raised their price target on Oracle from $250.00 to $285.00 and gave the company a “buy” rating in a research note on Tuesday, June 2nd. Finally, Wedbush cut their price target on Oracle from $275.00 to $240.00 and set an “outperform” rating on the stock in a research note on Thursday, June 11th. Two analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $265.03.

Key Stories Impacting Oracle

Here are the key news stories impacting Oracle this week:

• Positive Sentiment: Oracle expanded its partnership with Alphabet’s Google Cloud to integrate Gemini AI models into Oracle software suites. The announcement reinforced Oracle’s multicloud and AI strategy and helped lift broader AI-cloud stocks. What Is Going on With Oracle Stock on Monday?
• Positive Sentiment: Oracle reportedly secured a 10-year, $7 billion U.S. Department of Defense contract, adding visibility to future government-cloud revenue and supporting the investment case for its AI infrastructure spending. Oracle Inks 10-Year, $7 Billion Contract With DoD
• Positive Sentiment: CACI International said it will partner with Oracle on a nearly $400 million, 10-year contract to modernize the Office of Personnel Management’s human-resources systems on a secure cloud platform. The project expands Oracle’s federal technology footprint. CACI Partners with Oracle to Deliver Federal Human Resources IT Modernization
• Positive Sentiment: Baycrest joined Sunnybrook’s rollout of Oracle Health’s electronic-record system in Ontario, providing Oracle Health with another major hospital reference customer and potentially supporting healthcare-cloud adoption. Oracle Stock Surges as Ontario Hospitals Expand Oracle Health Adoption
• Positive Sentiment: Call-option activity rose well above typical levels, suggesting increased speculative or bullish positioning, although options flows do not guarantee further gains.
• Neutral Sentiment: Oracle’s $638 billion remaining performance obligation and reported 93% cloud-infrastructure growth highlight strong AI demand, but investors remain focused on whether contracted revenue can translate into cash flow and earnings.
• Negative Sentiment: Analysts and commentators continued to flag Oracle’s heavy AI investment, potentially up to $70 billion in fiscal 2027 capital expenditures, negative free cash flow and rising debt. Concerns that AI spending could pressure margins or require additional financing remain an overhang.
• Negative Sentiment: Warnings about an AI-sector selloff—particularly if OpenAI or Anthropic encounter difficulties—put Oracle’s large AI backlog and infrastructure commitments in the crosshairs. Careful MSFT, AMZN, ORCL Bulls

Oracle Profile

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.