Oracle Corporation $ORCL Shares Purchased by New York Life Investment Management LLC

New York Life Investment Management LLC increased its position in shares of Oracle Corporation (NYSE:ORCL) by 1.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 222,416 shares of the enterprise software provider’s stock after acquiring an additional 4,015 shares during the quarter. New York Life Investment Management LLC’s holdings in Oracle were worth $48,627,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of ORCL. Nuveen LLC acquired a new position in shares of Oracle during the 1st quarter valued at about $732,692,000. Vanguard Group Inc. boosted its position in shares of Oracle by 2.2% during 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 last quarter. Kingstone Capital Partners Texas LLC acquired a new position in shares of Oracle during the 2nd quarter valued at about $731,512,000. Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in Oracle by 79.2% in the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 4,638,951 shares of the enterprise software provider’s stock valued at $648,572,000 after buying an additional 2,049,687 shares during the last quarter. Finally, Assenagon Asset Management S.A. lifted its position in 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 last quarter. Institutional investors and hedge funds own 42.44% of the company’s stock.

Oracle Stock Down 0.7%

Shares of NYSE:ORCL opened at $281.25 on Tuesday. The company has a debt-to-equity ratio of 3.33, a current ratio of 0.62 and a quick ratio of 0.62. The firm has a market capitalization of $801.78 billion, a PE ratio of 65.10, a price-to-earnings-growth ratio of 3.04 and a beta of 1.53. The firm’s 50-day moving average is $275.24 and its two-hundred day moving average is $222.60. Oracle Corporation has a 1 year low of $118.86 and a 1 year high of $345.72.

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

Oracle Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 23rd. Investors of record on Thursday, October 9th were paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Thursday, October 9th. Oracle’s dividend payout ratio is presently 46.30%.

Insider Activity

In related news, EVP Stuart Levey sold 19,758 shares of the company’s stock in a transaction that occurred on Friday, October 10th. The shares were sold at an average price of $300.00, for a total transaction of $5,927,400.00. Following the sale, the executive vice president directly owned 18,429 shares in the company, valued at approximately $5,528,700. This represents a 51.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Naomi O. Seligman sold 2,222 shares of the company’s stock in a transaction that occurred on Friday, September 26th. The stock was sold at an average price of $288.91, for a total transaction of $641,958.02. Following the sale, the director owned 29,225 shares in the company, valued at $8,443,394.75. The trade was a 7.07% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 170,769 shares of company stock valued at $50,297,667. 40.90% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research analysts have commented on ORCL shares. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $310.00 target price on shares of Oracle in a research report on Friday, October 17th. Weiss Ratings cut shares of Oracle from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Saturday. BNP Paribas set a $377.00 target price on shares of Oracle in a research report on Wednesday, September 10th. Bank of America raised shares of Oracle from a “neutral” rating to a “buy” rating and upped their target price for the company from $295.00 to $368.00 in a research report on Wednesday, September 10th. Finally, Guggenheim upped their target price on shares of Oracle from $375.00 to $400.00 and gave the company a “buy” rating in a research report on Friday, October 17th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Oracle currently has a consensus rating of “Moderate Buy” and a consensus price target of $323.69.

About Oracle

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.