Fairbanks Capital Management Inc. Cuts Holdings in Oracle Corporation $ORCL

Fairbanks Capital Management Inc. reduced its stake in Oracle Corporation (NYSE:ORCL) by 19.7% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 86,692 shares of the enterprise software provider’s stock after selling 21,296 shares during the period. Oracle accounts for about 7.9% of Fairbanks Capital Management Inc.’s investment portfolio, making the stock its biggest holding. Fairbanks Capital Management Inc.’s holdings in Oracle were worth $12,753,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently made changes to their positions in the stock. Measured Wealth Private Client Group LLC raised its position in shares of Oracle by 56.3% during the 1st quarter. Measured Wealth Private Client Group LLC now owns 669 shares of the enterprise software provider’s stock worth $98,000 after purchasing an additional 241 shares during the period. Wiregrass Investment Management LLC boosted its position in Oracle by 8.5% during the 1st quarter. Wiregrass Investment Management LLC now owns 6,529 shares of the enterprise software provider’s stock valued at $961,000 after purchasing an additional 509 shares during the period. CI Investments Inc. boosted its position in Oracle by 3.7% during the 1st quarter. CI Investments Inc. now owns 307,893 shares of the enterprise software provider’s stock valued at $45,294,000 after purchasing an additional 11,124 shares during the period. First Trust Advisors LP grew its stake in Oracle by 23.3% during the 1st quarter. First Trust Advisors LP now owns 3,633,070 shares of the enterprise software provider’s stock worth $534,461,000 after buying an additional 685,570 shares during the last quarter. Finally, Cascade Wealth Advisors Inc acquired a new stake in Oracle in the first quarter worth $176,000. 42.44% of the stock is owned by institutional investors.

Oracle Trading Down 0.9%

Oracle stock opened at $125.86 on Thursday. Oracle Corporation has a 12-month low of $120.03 and a 12-month high of $345.72. 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 stock has a market capitalization of $362.54 billion, a PE ratio of 21.59, a price-to-earnings-growth ratio of 0.80 and a beta of 1.72. The firm has a 50 day simple moving average of $173.38 and a 200-day simple moving average of $167.78.

Oracle (NYSE:ORCL) last released its earnings results on Wednesday, June 10th. The enterprise software provider reported $2.11 earnings per share for the quarter, topping analysts’ consensus estimates of $1.96 by $0.15. The firm had revenue of $19.18 billion during the quarter, compared to the consensus estimate of $19.10 billion. Oracle had a return on equity of 58.62% and a net margin of 25.37%.The firm’s revenue for the quarter was up 20.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.70 earnings per share. Oracle has set its Q1 2027 guidance at 1.720-1.760 EPS and its FY 2027 guidance at 8.050-8.050 EPS. As a group, equities research analysts expect that Oracle Corporation will post 6.47 EPS for the current fiscal year.

Oracle Announces Dividend

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

Trending Headlines about Oracle

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

Insider Buying and Selling

In other Oracle news, Vice Chairman Jeffrey Henley sold 400,000 shares of the business’s stock in a transaction dated Wednesday, June 24th. The shares were sold at an average price of $159.16, for a total value of $63,664,000.00. Following the sale, the insider directly owned 400,000 shares in the company, valued at approximately $63,664,000. The trade was a 50.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 40.90% of the company’s stock.

Wall Street Analyst Weigh In

ORCL has been the subject of several recent research reports. BTIG Research restated a “buy” rating and set a $400.00 price target on shares of Oracle in a research report on Friday, June 5th. BMO Capital Markets lifted their price objective on shares of Oracle from $200.00 to $220.00 and gave the company an “outperform” rating in a research report on Thursday, June 11th. Stephens reissued an “equal weight” rating and set a $164.00 target price on shares of Oracle in a research note on Thursday, June 11th. Mizuho set a $320.00 price target on shares of Oracle in a research note on Wednesday, June 3rd. Finally, Morgan Stanley reaffirmed a “mixed” rating on shares of Oracle in a report on Thursday, June 11th. Two research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target 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.