Sumitomo Mitsui Financial Group Inc. Invests $143,000 in Oracle Corporation $ORCL

Sumitomo Mitsui Financial Group Inc. bought a new position in shares of Oracle Corporation (NYSE:ORCL) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 680 shares of the enterprise software provider’s stock, valued at approximately $143,000.

A number of other institutional investors have also added to or reduced their stakes in ORCL. Nuveen LLC acquired a new stake in shares of Oracle during the 1st quarter valued at $732,692,000. Vanguard Group Inc. increased its position in Oracle by 2.2% in the 1st quarter. Vanguard Group Inc. now owns 160,925,413 shares of the enterprise software provider’s stock valued at $22,498,982,000 after acquiring an additional 3,513,464 shares during the period. Kingstone Capital Partners Texas LLC acquired a new position in shares of Oracle during the second quarter worth $731,512,000. Mitsubishi UFJ Asset Management Co. Ltd. raised its position in Oracle by 79.2% during the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 4,638,951 shares of the enterprise software provider’s stock worth $648,572,000 after purchasing an additional 2,049,687 shares during the last quarter. Finally, Assenagon Asset Management S.A. increased its stake in shares of Oracle by 840.7% in the second quarter. Assenagon Asset Management S.A. now owns 2,119,473 shares of the enterprise software provider’s stock valued at $463,380,000 after buying an additional 1,894,157 shares during the period. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on ORCL. Rothschild & Co Redburn started coverage on shares of Oracle in a research report on Thursday, September 25th. They issued a “sell” rating and a $175.00 price target on the stock. Piper Sandler lifted their target price on Oracle from $330.00 to $380.00 and gave the stock an “overweight” rating in a report on Friday, October 17th. Citigroup reiterated a “buy” rating on shares of Oracle in a research note on Friday, October 10th. Guggenheim upped their price objective on shares of Oracle from $375.00 to $400.00 and gave the company a “buy” rating in a report on Friday, October 17th. Finally, Berenberg Bank increased their price target on Oracle from $202.00 to $306.00 and gave the stock a “hold” rating in a report on Monday, September 15th. Three research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, Oracle currently has a consensus rating of “Moderate Buy” and a consensus target price of $324.89.

Insider Activity at Oracle

In other Oracle news, insider Michael D. Sicilia sold 33,845 shares of Oracle stock in a transaction dated Tuesday, September 23rd. The shares were sold at an average price of $321.16, for a total value of $10,869,660.20. Following the sale, the insider owned 132,656 shares of the company’s stock, valued at approximately $42,603,800.96. The trade was a 20.33% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Stuart Levey sold 19,758 shares of the firm’s stock in a transaction that occurred on Friday, October 10th. The stock was sold at an average price of $300.00, for a total transaction of $5,927,400.00. Following the sale, the executive vice president owned 18,429 shares of the company’s stock, valued at approximately $5,528,700. The trade was a 51.74% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 204,254 shares of company stock valued at $60,227,807 in the last 90 days. 40.90% of the stock is currently owned by company insiders.

Oracle Stock Up 4.2%

ORCL opened at $205.29 on Thursday. Oracle Corporation has a fifty-two week low of $118.86 and a fifty-two week high of $345.72. The firm has a market capitalization of $585.23 billion, a P/E ratio of 47.52, a PEG ratio of 2.96 and a beta of 1.51. The company’s 50-day moving average is $266.77 and its 200 day moving average is $237.24. The company has a debt-to-equity ratio of 3.33, a current ratio of 0.62 and a quick ratio of 0.62.

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

Oracle Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 23rd. Investors of record on Thursday, October 9th were issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Thursday, October 9th. Oracle’s payout ratio is 46.30%.

Oracle Company 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.