Gibbs Wealth Management Acquires 14,902 Shares of Oracle Corporation $ORCL

Gibbs Wealth Management grew its stake in shares of Oracle Corporation (NYSE:ORCL) by 58.2% during the first quarter, HoldingsChannel.com reports. The fund owned 40,516 shares of the enterprise software provider’s stock after buying an additional 14,902 shares during the quarter. Oracle accounts for about 0.8% of Gibbs Wealth Management’s portfolio, making the stock its 26th biggest position. Gibbs Wealth Management’s holdings in Oracle were worth $5,960,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the stock. Vanguard Group Inc. grew its holdings in shares of Oracle by 3.5% in the fourth quarter. Vanguard Group Inc. now owns 174,802,084 shares of the enterprise software provider’s stock worth $34,070,674,000 after acquiring an additional 5,841,584 shares during the period. State Street Corp grew its stake in shares of Oracle by 4.4% during the 4th quarter. State Street Corp now owns 76,527,759 shares of the enterprise software provider’s stock valued at $14,916,026,000 after purchasing an additional 3,216,915 shares during the period. Geode Capital Management LLC increased its position in shares of Oracle by 1.8% during the 4th quarter. Geode Capital Management LLC now owns 37,734,944 shares of the enterprise software provider’s stock valued at $7,328,754,000 after purchasing an additional 665,374 shares during the last quarter. Capital Research Global Investors increased its position in shares of Oracle by 29.3% during the 4th quarter. Capital Research Global Investors now owns 30,137,126 shares of the enterprise software provider’s stock valued at $5,874,070,000 after purchasing an additional 6,826,299 shares during the last quarter. Finally, Morgan Stanley lifted its stake in shares of Oracle by 1.9% in the 4th quarter. Morgan Stanley now owns 27,125,099 shares of the enterprise software provider’s stock worth $5,286,953,000 after purchasing an additional 495,146 shares during the period. 42.44% of the stock is owned by hedge funds and other institutional investors.

Oracle Stock Performance

ORCL opened at $120.09 on Friday. The firm has a market cap of $345.92 billion, a P/E ratio of 20.60, a PEG ratio of 0.79 and a beta of 1.72. Oracle Corporation has a 1-year low of $119.44 and a 1-year high of $345.72. The company has a 50 day simple moving average of $171.87 and a two-hundred day simple moving average of $167.25. The company has a debt-to-equity ratio of 3.21, a current ratio of 1.12 and a quick ratio of 1.12.

Oracle (NYSE:ORCL) last announced its quarterly earnings data on Wednesday, June 10th. The enterprise software provider reported $2.11 EPS for the quarter, beating the consensus estimate of $1.96 by $0.15. Oracle had a net margin of 25.37% and a return on equity of 58.62%. The firm had revenue of $19.18 billion for the quarter, compared to the consensus estimate of $19.10 billion. During the same period last year, the firm earned $1.70 EPS. The company’s 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. Equities analysts forecast that Oracle Corporation will post 6.47 earnings per share for the current fiscal year.

Oracle Dividend Announcement

The firm 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 $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 1.7%. The ex-dividend date is Friday, July 10th. Oracle’s payout ratio is presently 34.31%.

Insider Activity at Oracle

In other news, Vice Chairman Jeffrey Henley sold 400,000 shares of the company’s stock in a transaction dated 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 of the company’s stock, valued at $63,664,000. This represents a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 40.90% of the stock is owned by insiders.

More Oracle News

Here are the key news stories impacting Oracle this week:

• Positive Sentiment: Oracle won a 10-year U.S. Department of Defense software contract worth up to about $7 billion, which could support revenue visibility and reinforce demand for its enterprise software. Oracle wins 10-year software contract with Pentagon worth up to $7 billion
• Positive Sentiment: Analysts raised their fair value estimate for Oracle as they weighed stronger AI and cloud demand, signaling that some investors still see meaningful upside if growth continues. Oracle (ORCL) Stock Fair Value Edges Higher As Analysts Weigh AI Growth And Margin Risks
• Positive Sentiment: Some coverage argued the selloff may be creating a buy-the-dip opportunity, pointing to Oracle’s large backlog and long-term position in AI infrastructure. Prediction: Oracle Stock Could Reach a New High by 2027
• Neutral Sentiment: Brokerage and market commentary remained mixed, with some analysts maintaining a constructive long-term view while others warned the stock could still face more volatility after its steep decline. Mizuho sends intriguing Oracle stock message after 38% drop
• Negative Sentiment: Investors focused on Oracle’s rising AI and data center costs, including reports that the company may face billions in power and infrastructure obligations, which could strain cash flow and raise leverage concerns. Oracle Faces Pressure: Data Center Costs and OpenAI Exposure Weigh on Stock
• Negative Sentiment: Broader AI-debt concerns also weighed on sentiment, as Oracle was named among mega-cap tech firms facing mounting off-balance-sheet obligations tied to the AI buildout. Big Tech’s Off-Balance-Sheet AI Debt Reportedly Tops $1.65 Trillion
• Negative Sentiment: Oracle also slipped more than the broader market in the latest session, reflecting ongoing investor concern that the stock has become oversold amid the AI spending debate. Oracle (ORCL) Dips More Than Broader Market: What You Should Know

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. Stephens restated an “equal weight” rating and set a $164.00 target price on shares of Oracle in a research report on Thursday, June 11th. Citigroup reiterated a “market outperform” rating on shares of Oracle in a research report on Thursday, June 11th. Weiss Ratings cut shares of Oracle from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday. BMO Capital Markets upped their price objective on Oracle from $200.00 to $220.00 and gave the stock an “outperform” rating in a research note on Thursday, June 11th. Finally, Evercore reaffirmed an “outperform” rating and issued a $245.00 target price on shares of Oracle in a report on Monday, June 8th. Two analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Oracle has an average rating of “Moderate Buy” and a consensus target price of $265.03.

Oracle Company Profile

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.