Oracle Corporation $ORCL Holdings Increased by M&G PLC

M&G PLC boosted its stake in shares of Oracle Corporation (NYSE:ORCL) by 117.4% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 75,233 shares of the enterprise software provider’s stock after purchasing an additional 40,622 shares during the quarter. M&G PLC’s holdings in Oracle were worth $10,307,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ORCL. Pilgrim Partners Asia Pte Ltd acquired a new stake in shares of Oracle in the 3rd quarter valued at $25,000. Foresight Capital Management Advisors Inc. bought a new stake in shares of Oracle in the 3rd quarter worth about $26,000. Persistent Asset Partners Ltd acquired a new stake in shares of Oracle during the 2nd quarter worth about $29,000. North Point Portfolio Managers Corp OH acquired a new stake in shares of Oracle during the 3rd quarter worth about $27,000. Finally, Markowski Investments acquired a new stake in shares of Oracle during the 2nd quarter worth about $32,000. 42.44% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. Rothschild & Co Redburn cut their price target on shares of Oracle from $155.00 to $110.00 and set a “sell” rating for the company in a report on Monday, July 20th. DA Davidson reaffirmed a “buy” rating and set a $225.00 price objective on shares of Oracle in a research note on Friday, September 11th. CLSA began coverage on shares of Oracle in a research note on Monday, July 20th. They set a “hold” rating and a $145.00 price objective on the stock. Oppenheimer reaffirmed an “outperform” rating and set a $275.00 price objective on shares of Oracle in a report on Thursday, October 29th. Finally, Yorkville Ives began coverage on shares of Oracle in a research note on Wednesday, October 7th. They issued an “in-line” rating and a $155.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating, five have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $249.27.

Insider Transactions at Oracle

In related news, Director Stephen Rusckowski purchased 25,000 shares of the firm’s stock in a transaction dated Tuesday, September 29th. The shares were acquired at an average cost of $139.35 per share, with a total value of $3,483,750.00. Following the completion of the purchase, the director directly owned 25,390 shares of the company’s stock, valued at $3,538,096.50. This trade represents a 6,410.26% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Maria Smith sold 2,631 shares of the firm’s stock in a transaction that occurred on Tuesday, September 22nd. The shares were sold at an average price of $151.70, for a total transaction of $399,122.70. Following the completion of the sale, 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. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 36,075 shares of company stock worth $5,342,123. Corporate insiders own 38.40% of the company’s stock.

Oracle Price Performance

Shares of ORCL stock opened at $117.87 on Wednesday. The stock’s fifty day moving average is $137.85 and its 200-day moving average is $154.83. The company has a debt-to-equity ratio of 1.89, a quick ratio of 1.17 and a current ratio of 1.17. Oracle Corporation has a 52 week low of $109.21 and a 52 week high of $250.25. The stock has a market capitalization of $356.42 billion, a PE ratio of 18.48, a PEG ratio of 0.84 and a beta of 1.79.

Oracle (NYSE:ORCL) last issued its quarterly earnings results on Thursday, September 10th. The enterprise software provider reported $1.92 earnings per share (EPS) for the quarter, topping the consensus estimate 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 the consensus estimate of $19.13 billion. During the same quarter in the prior year, the company earned $1.47 EPS. The firm’s quarterly revenue 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. Equities research analysts expect that Oracle Corporation will post 6.71 EPS for the current fiscal year.

Oracle Announces Dividend

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

Key Oracle News

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

Oracle Company Profile

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.