Oracle Corporation $ORCL Position Lifted by Fisher Asset Management LLC

Fisher Asset Management LLC lifted its position in shares of Oracle Corporation (NYSE:ORCL) by 3.1% during the 3rd quarter, HoldingsChannel reports. The firm owned 13,670,982 shares of the enterprise software provider’s stock after acquiring an additional 409,531 shares during the period. Fisher Asset Management LLC’s holdings in Oracle were worth $1,877,026,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Oracle by 0.8% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 14,680,278 shares of the enterprise software provider’s stock worth $2,151,395,000 after purchasing an additional 123,294 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of Oracle by 3.0% during the 1st quarter. Bank of New York Mellon Corp now owns 13,251,059 shares of the enterprise software provider’s stock valued at $1,949,363,000 after buying an additional 384,984 shares in the last quarter. Amundi boosted its holdings in shares of Oracle by 1.5% during the 2nd quarter. Amundi now owns 9,878,184 shares of the enterprise software provider’s stock valued at $1,447,648,000 after buying an additional 144,087 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of Oracle by 1.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 8,586,492 shares of the enterprise software provider’s stock worth $1,262,827,000 after buying an additional 147,048 shares during the period. Finally, First Eagle Investment Management LLC grew its position in shares of Oracle by 1.0% in the 2nd quarter. First Eagle Investment Management LLC now owns 8,516,878 shares of the enterprise software provider’s stock worth $1,248,148,000 after buying an additional 81,700 shares during the period. 42.44% of the stock is owned by hedge funds and other institutional investors.

Key Oracle News

Here’s some of the latest news about ORCL:

• Positive Sentiment: HSBC framed Oracle’s pullback as an opportunity, while DBS maintained its Buy rating despite trimming its price target to $290—still implying substantial upside from recent levels. HSBC analyst article DBS price target article
• Positive Sentiment: Oracle’s contracted backlog and expected AI/cloud growth underpin bullish views. The company is also breaking ground on a $4.5 billion Nashville headquarters development, though this is a longer-term investment rather than an immediate earnings catalyst. Nashville headquarters article
• Neutral Sentiment: Technical analysis suggests ORCL could see a temporary bounce after its steep decline, but that signal does not address the underlying business and funding concerns. Reuters technical analysis

Oracle Stock Performance

Shares of Oracle stock opened at $127.37 on Friday. The stock has a market cap of $385.14 billion, a price-to-earnings ratio of 19.96, a PEG ratio of 0.90 and a beta of 1.79. The firm’s 50-day moving average is $137.24 and its 200 day moving average is $154.31. Oracle Corporation has a 1 year low of $109.21 and a 1 year high of $250.25. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.17 and a quick ratio of 1.17.

Oracle (NYSE:ORCL) last announced its quarterly earnings data on Thursday, September 10th. The enterprise software provider reported $1.92 EPS for the quarter, beating the consensus estimate of $1.74 by $0.18. The company had revenue of $19.34 billion for the quarter, compared to the consensus estimate of $19.13 billion. Oracle had a net margin of 26.36% and a return on equity of 48.85%. Oracle’s revenue for the quarter was up 29.6% on a year-over-year basis. During the same period in the prior year, the firm posted $1.47 EPS. Oracle has set its Q2 2027 guidance at 1.850-1.930 EPS and its FY 2027 guidance at 8.100-8.100 EPS. Sell-side analysts anticipate that Oracle Corporation will post 6.71 EPS for the current fiscal year.

Oracle Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, October 23rd. Stockholders of record on Friday, October 9th were paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 1.6%. The ex-dividend date was Friday, October 9th. Oracle’s dividend payout ratio is currently 31.35%.

Insider Transactions at Oracle

In other news, Director Stephen H. Rusckowski purchased 25,000 shares of Oracle stock in a transaction that occurred on Tuesday, September 29th. The stock was bought at an average price of $139.35 per share, with a total value of $3,483,750.00. Following the completion of the transaction, the director directly owned 25,390 shares of the company’s stock, valued at approximately $3,538,096.50. The trade was a 6,410.26% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Maria Smith sold 2,631 shares of the business’s stock in a transaction that occurred on Tuesday, September 22nd. The stock was sold at an average price of $151.70, for a total transaction of $399,122.70. Following the completion of the transaction, the executive vice president owned 64,357 shares of the company’s stock, valued at approximately $9,762,956.90. The trade was a 3.93% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 36,075 shares of company stock worth $5,342,123. Corporate insiders own 38.40% of the company’s stock.

Analyst Upgrades and Downgrades

ORCL has been the subject of several research reports. The Goldman Sachs Group lowered shares of Oracle from a “neutral” rating to a “sell” rating in a research note on Monday, November 2nd. Wells Fargo & Company lowered their target price on shares of Oracle from $280.00 to $250.00 and set an “overweight” rating for the company in a report on Monday, October 26th. Rothschild & Co Redburn dropped their price target on Oracle from $155.00 to $110.00 and set a “sell” rating on the stock in a research report on Monday, July 20th. Guggenheim restated a “buy” rating on shares of Oracle in a research note on Thursday, October 29th. Finally, Citizens Jmp restated a “market outperform” rating and issued a $285.00 price target on shares of Oracle in a research note on Friday, October 2nd. One analyst has rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, Oracle presently has a consensus rating of “Moderate Buy” and a consensus price target of $249.27.

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.