Oracle Corporation $ORCL Stock Holdings Lessened by NewEdge Wealth LLC

NewEdge Wealth LLC cut its holdings in Oracle Corporation (NYSE:ORCL) by 7.7% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 206,179 shares of the enterprise software provider’s stock after selling 17,275 shares during the period. NewEdge Wealth LLC’s holdings in Oracle were worth $30,331,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of ORCL. Brighton Jones LLC lifted its holdings in shares of Oracle by 189.3% in the 4th quarter. Brighton Jones LLC now owns 153,580 shares of the enterprise software provider’s stock worth $25,593,000 after purchasing an additional 100,494 shares during the last quarter. Revolve Wealth Partners LLC grew its stake in Oracle by 8.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 5,418 shares of the enterprise software provider’s stock worth $903,000 after buying an additional 404 shares during the last quarter. Sivia Capital Partners LLC grew its stake in Oracle by 21.5% during the 2nd quarter. Sivia Capital Partners LLC now owns 4,348 shares of the enterprise software provider’s stock worth $951,000 after buying an additional 768 shares during the last quarter. United Bank grew its stake in Oracle by 6.8% during the 2nd quarter. United Bank now owns 15,038 shares of the enterprise software provider’s stock worth $3,288,000 after buying an additional 963 shares during the last quarter. Finally, Schnieders Capital Management LLC. increased its position in Oracle by 19.2% in the second quarter. Schnieders Capital Management LLC. now owns 52,856 shares of the enterprise software provider’s stock worth $11,556,000 after buying an additional 8,530 shares during the period. Institutional investors own 42.44% of the company’s stock.

Insider Buying and Selling at Oracle

In related news, Vice Chairman Jeffrey Henley sold 400,000 shares of the stock in a transaction on Wednesday, June 24th. The stock was 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 trade represents a 50.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 40.90% of the stock is owned by company insiders.

Oracle Stock Performance

ORCL opened at $125.86 on Thursday. The company has a debt-to-equity ratio of 3.21, a current ratio of 1.12 and a quick ratio of 1.12. The company has a market capitalization of $362.54 billion, a price-to-earnings ratio of 21.59, a price-to-earnings-growth ratio of 0.80 and a beta of 1.72. The business has a 50 day moving average price of $173.38 and a two-hundred day moving average price of $167.78. Oracle Corporation has a 1-year low of $120.03 and a 1-year high of $345.72.

Oracle (NYSE:ORCL) last announced its earnings results on Wednesday, June 10th. The enterprise software provider reported $2.11 earnings per share for the quarter, beating the consensus estimate of $1.96 by $0.15. Oracle had a return on equity of 58.62% and a net margin of 25.37%.The business had revenue of $19.18 billion during the quarter, compared to analysts’ expectations of $19.10 billion. During the same quarter last year, the business posted $1.70 earnings per share. The company’s quarterly revenue was up 20.6% on a year-over-year basis. 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 predict that Oracle Corporation will post 6.47 EPS for the current fiscal year.

Oracle Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 24th. Stockholders of record on Friday, July 10th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Friday, July 10th. Oracle’s dividend payout ratio is 34.31%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the stock. Morgan Stanley reissued a “mixed” rating on shares of Oracle in a report on Thursday, June 11th. DA Davidson increased their price objective on shares of Oracle from $200.00 to $225.00 and gave the stock a “buy” rating in a report on Thursday, June 11th. Bank of America lifted their price objective on shares of Oracle from $200.00 to $240.00 and gave the company a “buy” rating in a research report on Tuesday, June 9th. Moffett Nathanson set a $325.00 target price on shares of Oracle in a research note on Thursday, June 11th. Finally, Citigroup restated a “market outperform” rating on shares of Oracle in a research report on Thursday, June 11th. Two analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Oracle presently has a consensus rating of “Moderate Buy” and an average price target of $265.03.

Oracle News Summary

Here are the key news stories impacting Oracle this week:

• Positive Sentiment: Some analysts remain bullish, arguing Oracle’s massive backlog and cloud growth support long-term upside despite the selloff. Oracle stock is still a buy: Analyst outlines his bull case
• Positive Sentiment: Mizuho reiterated an outperform/buy view, saying Oracle’s risk/reward looks attractive and that the stock may have become oversold. Mizuho analyst on Oracle stock
• Neutral Sentiment: Several recent pieces say Oracle may be deeply oversold and could rebound technically if selling pressure eases. Oracle Corp. (ORCL) Price Forecast
• Negative Sentiment: Reports that Oracle could face a $7 billion collateral bill for its Wisconsin data center have intensified funding and execution worries. Oracle could face $7bn collateral bill for Wisconsin data centre
• Negative Sentiment: Investors are also worried that AI-related spending is consuming free cash flow across big tech, including Oracle, which could pressure margins and capital returns. Analysis-AI investment boom puts Big Tech’s free cash flow under pressure

About Oracle

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.