Oracle Corporation $ORCL Stock Holdings Raised by Confluence Wealth Services Inc.

Confluence Wealth Services Inc. grew its holdings in Oracle Corporation (NYSE:ORCL) by 26.6% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 45,268 shares of the enterprise software provider’s stock after purchasing an additional 9,506 shares during the quarter. Confluence Wealth Services Inc.’s holdings in Oracle were worth $6,215,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. AMG National Trust Bank grew its stake in shares of Oracle by 4.6% in the third quarter. AMG National Trust Bank now owns 40,821 shares of the enterprise software provider’s stock worth $5,605,000 after acquiring an additional 1,807 shares during the last quarter. Mesirow Financial Investment Management Inc. raised its stake in Oracle by 0.5% during the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 118,393 shares of the enterprise software provider’s stock valued at $16,255,000 after purchasing an additional 571 shares during the last quarter. Woodley Farra Manion Portfolio Management Inc. acquired a new position in Oracle during the 3rd quarter valued at $210,000. Triton Wealth Management PLLC raised its stake in Oracle by 70.3% during the 3rd quarter. Triton Wealth Management PLLC now owns 10,557 shares of the enterprise software provider’s stock valued at $1,326,000 after purchasing an additional 4,358 shares during the last quarter. Finally, Csenge Advisory Group boosted its holdings in Oracle by 4.9% in the 3rd quarter. Csenge Advisory Group now owns 6,254 shares of the enterprise software provider’s stock valued at $859,000 after purchasing an additional 292 shares during the period. 42.44% of the stock is owned by institutional investors and hedge funds.

Oracle Price Performance

Shares of Oracle stock opened at $117.87 on Wednesday. The company has a debt-to-equity ratio of 1.89, a quick ratio of 1.17 and a current ratio of 1.17. The firm’s 50-day simple moving average is $137.85 and its 200-day simple moving average is $154.83. Oracle Corporation has a twelve month low of $109.21 and a twelve month high of $250.25. The firm has a market cap of $356.42 billion, a P/E ratio of 17.62, a price-to-earnings-growth ratio of 0.84 and a beta of 1.79.

Oracle (NYSE:ORCL) last posted its earnings results on Thursday, September 10th. The enterprise software provider reported $1.92 earnings per share for the quarter, beating analysts’ consensus estimates of $1.74 by $0.18. Oracle had a net margin of 26.36% and a return on equity of 48.85%. The business had revenue of $19.34 billion for the quarter, compared to analysts’ expectations of $19.13 billion. During the same quarter in the previous year, the firm posted $1.47 earnings per share. The firm’s revenue for the quarter was up 29.6% on a year-over-year basis. Oracle has set its Q2 2027 guidance at 1.850-1.930 EPS and its FY 2027 guidance at 8.100-8.100 EPS. As a group, research analysts expect that Oracle Corporation will post 6.71 EPS for the current fiscal year.

Oracle Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 23rd. Shareholders of record on Friday, October 9th were issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend was Friday, October 9th. Oracle’s payout ratio is presently 31.35%.

Key Stories Impacting Oracle

Here are the key news stories impacting Oracle this week:

• Positive Sentiment: Oracle broke ground on its future Nashville global headquarters, a long-term investment intended to support growth in cloud, AI and healthcare and create thousands of jobs. Oracle Nashville headquarters announcement
• Positive Sentiment: The company launched AI-assisted treasury and customer analytics applications for financial institutions, adding to its cloud and AI product offerings. Oracle financial analytics announcement
• Neutral Sentiment: Oracle says renewed rentals of older GPUs were priced at a premium, suggesting some continued demand for its existing AI capacity; however, this does not offset uncertainty around specific customer contracts. Report on GPU renewals and Microsoft
• Negative Sentiment: Reports said Oracle lost an estimated $7 billion Tencent chip-leasing deal and that Microsoft is winding down an AI-computing arrangement, reportedly because Oracle’s older Nvidia chips no longer meet Microsoft’s requirements. These developments raise questions about infrastructure demand and Oracle’s ability to secure customers for its planned capacity. Report on Tencent and Microsoft contracts
• Negative Sentiment: Commentary highlighted concentration and financing risks: Oracle’s AI backlog is said to rely heavily on OpenAI, while its aggressive data-center spending increases exposure to debt, project execution and potential AI-market setbacks. Analysis of Oracle’s balance sheet and AI contracts

Insider Buying and Selling at Oracle

In other news, EVP Maria Smith sold 2,631 shares of the stock in a transaction that occurred on Tuesday, September 22nd. The stock was sold at an average price of $151.70, for a total value of $399,122.70. Following the completion of the transaction, the executive vice president directly owned 64,357 shares of the company’s stock, valued at approximately $9,762,956.90. This represents a 3.93% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Michael D. Sicilia sold 22,562 shares of the firm’s stock in a transaction that occurred on Tuesday, September 22nd. The stock was sold at an average price of $151.59, for a total value of $3,420,173.58. Following the transaction, the chief executive officer owned 182,929 shares of the company’s stock, valued at $27,730,207.11. This trade represents a 10.98% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 36,075 shares of company stock valued at $5,342,123. 38.40% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. The Goldman Sachs Group lowered shares of Oracle from a “neutral” rating to a “sell” rating in a research report on Monday, November 2nd. Royal Bank Of Canada dropped their price objective on shares of Oracle from $190.00 to $165.00 and set a “sector perform” rating on the stock in a report on Friday, September 11th. TD Cowen reaffirmed a “buy” rating and set a $240.00 price objective on shares of Oracle in a research report on Thursday, October 29th. JPMorgan Chase & Co. reiterated a “buy” rating on shares of Oracle in a research note on Thursday, September 10th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Oracle in a research report on Friday, October 16th. One research analyst has rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating, five have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, Oracle has a consensus rating of “Moderate Buy” and an average price target of $249.27.

About Oracle

Oracle Corporation is a technology company that develops and provides database software, cloud services, and enterprise applications. Its products help organizations manage data, run business operations, and build and deploy applications. Oracle’s offerings include Oracle Database, Oracle Cloud Infrastructure, and cloud-based applications for functions such as finance, human resources, supply chain management, and customer experience. The company also provides software support, consulting, and related services.