PNC Financial Services Group Inc. Decreases Stock Position in Oracle Corporation $ORCL

PNC Financial Services Group Inc. lessened its position in shares of Oracle Corporation (NYSE:ORCL) by 1.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,217,897 shares of the enterprise software provider’s stock after selling 39,368 shares during the period. PNC Financial Services Group Inc. owned 0.11% of Oracle worth $703,529,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in ORCL. Vanguard Group Inc. boosted its position in Oracle by 2.2% during the first quarter. Vanguard Group Inc. now owns 160,925,413 shares of the enterprise software provider’s stock worth $22,498,982,000 after purchasing an additional 3,513,464 shares during the period. Northern Trust Corp boosted its holdings in Oracle by 0.6% in the 1st quarter. Northern Trust Corp now owns 19,741,423 shares of the enterprise software provider’s stock worth $2,760,048,000 after buying an additional 120,889 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in Oracle by 0.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 13,884,524 shares of the enterprise software provider’s stock valued at $1,941,195,000 after buying an additional 59,164 shares in the last quarter. Amundi raised its holdings in Oracle by 3.3% during the 1st quarter. Amundi now owns 12,736,855 shares of the enterprise software provider’s stock valued at $1,749,280,000 after acquiring an additional 409,691 shares during the period. Finally, Polen Capital Management LLC raised its holdings in Oracle by 17.6% during the 1st quarter. Polen Capital Management LLC now owns 12,609,101 shares of the enterprise software provider’s stock valued at $1,762,878,000 after acquiring an additional 1,885,370 shares during the period. Hedge funds and other institutional investors own 42.44% of the company’s stock.

Oracle Stock Down 2.0%

ORCL opened at $235.95 on Wednesday. The business’s fifty day simple moving average is $279.83 and its 200 day simple moving average is $232.71. Oracle Corporation has a 52 week low of $118.86 and a 52 week high of $345.72. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 3.33. The stock has a market cap of $672.64 billion, a PE ratio of 54.62, a P/E/G ratio of 2.96 and a beta of 1.51.

Oracle (NYSE:ORCL) last posted its quarterly earnings data 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 firm had revenue of $14.93 billion during 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%.Oracle’s revenue for the quarter was up 12.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, research analysts expect that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 23rd. Stockholders 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 0.8%. The ex-dividend date was Thursday, October 9th. Oracle’s payout ratio is presently 46.30%.

Insider Buying and Selling

In other Oracle news, CEO Clayton M. Magouyrk sold 40,000 shares of the company’s stock in a transaction dated Tuesday, October 21st. The shares were sold at an average price of $276.64, for a total transaction of $11,065,600.00. Following the completion of the sale, the chief executive officer directly owned 154,030 shares in the company, valued at $42,610,859.20. This represents a 20.62% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Jeffrey Berg sold 49,365 shares of Oracle stock in a transaction dated Tuesday, October 28th. The stock was sold at an average price of $283.02, for a total value of $13,971,282.30. Following the completion of the transaction, the director owned 151,999 shares in the company, valued at approximately $43,018,756.98. This represents a 24.52% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 204,254 shares of company stock worth $60,227,807 in the last ninety days. 40.90% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on ORCL shares. Evercore ISI lifted their price target on Oracle from $350.00 to $385.00 and gave the company an “outperform” rating in a research report on Friday, October 17th. BNP Paribas set a $377.00 target price on Oracle in a research note on Wednesday, September 10th. Berenberg Bank upped their price target on Oracle from $202.00 to $306.00 and gave the company a “hold” rating in a research report on Monday, September 15th. Bank of America upgraded shares of Oracle from a “neutral” rating to a “buy” rating and raised their price objective for the company from $295.00 to $368.00 in a research report on Wednesday, September 10th. Finally, Baird R W raised shares of Oracle to a “strong-buy” rating in a research note on Wednesday, October 8th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $323.69.

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.