Canandaigua National Bank & Trust Co. Acquires Shares of 69,110 Oracle Corporation $ORCL

Canandaigua National Bank & Trust Co. bought a new position in Oracle Corporation (NYSE:ORCL) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 69,110 shares of the enterprise software provider’s stock, valued at approximately $10,128,000. Oracle comprises about 0.9% of Canandaigua National Bank & Trust Co.’s investment portfolio, making the stock its 24th largest position.

A number of other institutional investors have also modified their holdings of ORCL. Brighton Jones LLC raised its position in shares of Oracle by 189.3% during the 4th quarter. Brighton Jones LLC now owns 153,580 shares of the enterprise software provider’s stock valued at $25,593,000 after acquiring an additional 100,494 shares in the last quarter. Revolve Wealth Partners LLC lifted its stake in Oracle by 8.1% during the fourth quarter. Revolve Wealth Partners LLC now owns 5,418 shares of the enterprise software provider’s stock worth $903,000 after purchasing an additional 404 shares during the last quarter. Sivia Capital Partners LLC boosted its holdings in Oracle by 21.5% in the second quarter. Sivia Capital Partners LLC now owns 4,348 shares of the enterprise software provider’s stock worth $951,000 after purchasing an additional 768 shares during the period. United Bank boosted its holdings in Oracle by 6.8% in the second quarter. United Bank now owns 15,038 shares of the enterprise software provider’s stock worth $3,288,000 after purchasing an additional 963 shares during the period. Finally, Schnieders Capital Management LLC. increased its stake in Oracle by 19.2% during the second quarter. Schnieders Capital Management LLC. now owns 52,856 shares of the enterprise software provider’s stock valued at $11,556,000 after purchasing an additional 8,530 shares during the last quarter. Institutional investors and hedge funds own 42.44% of the company’s stock.

More Oracle News

Here are the key news stories impacting Oracle this week:

• Positive Sentiment: Expanded Google Cloud AI partnership: Oracle and Alphabet expanded their relationship to integrate Google’s Gemini AI models into Oracle software suites. Investors view the agreement as evidence that Oracle’s cloud infrastructure and enterprise applications are becoming increasingly relevant to the AI ecosystem. What Is Going on With Oracle Stock on Monday?
• Positive Sentiment: Large backlog supports visibility: Reports highlighted Oracle’s approximately $638 billion backlog, which could provide substantial future revenue if customers proceed with planned AI and cloud deployments. The company also secured a reported 10-year, $7 billion U.S. Department of Defense contract, reinforcing its government-cloud pipeline. Oracle Inks 10-Year, $7 Billion Contract With DoD
• Positive Sentiment: Additional enterprise adoption: Minor Hotels completed an Oracle OPERA Cloud rollout across 106 properties in 59 countries, while Ontario hospitals expanded adoption of Oracle Health. These wins support Oracle’s recurring cloud and healthcare software businesses beyond AI infrastructure. Minor Hotels Accelerates Global Digital Transformation with Oracle Cloud
• Neutral Sentiment: Options activity signals bullish speculation: Traders bought roughly 547,551 Oracle call options, about 61% above typical volume. This may indicate near-term optimism, but it is a sentiment indicator rather than evidence of improving fundamentals.
• Negative Sentiment: Debt and spending concerns remain the principal risk: Oracle is nearing a junk-grade credit rating as it commits heavily to AI infrastructure. The company reportedly plans up to $70 billion in fiscal 2027 capital expenditures, while Big Tech—including Oracle—has about $1.09 trillion in future data-center lease obligations. Investors are questioning whether the backlog will generate enough cash flow to fund this expansion. Oracle Corp Goes for High-Stakes Ratings Gamble in AI Strategy

Wall Street Analysts Forecast Growth

ORCL has been the topic of a number of research reports. Oppenheimer increased their target price on shares of Oracle from $235.00 to $275.00 and gave the stock an “outperform” rating in a report on Monday, June 8th. KeyCorp reaffirmed an “overweight” rating on shares of Oracle in a research report on Thursday, June 11th. Wolfe Research reiterated an “outperform” rating and set a $225.00 price objective on shares of Oracle in a research note on Thursday, June 11th. CLSA started coverage on shares of Oracle in a report on Monday, July 20th. They issued a “hold” rating and a $145.00 target price on the stock. Finally, Morgan Stanley restated a “mixed” rating on shares of Oracle in a research note on Thursday, June 11th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Oracle presently has an average rating of “Moderate Buy” and a consensus price target of $265.03.

Oracle Stock Performance

ORCL opened at $145.72 on Wednesday. The business’s 50 day moving average is $161.93 and its 200-day moving average is $163.38. The stock has a market cap of $419.74 billion, a PE ratio of 24.99, a price-to-earnings-growth ratio of 0.89 and a beta of 1.72. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 3.21. Oracle Corporation has a twelve month low of $114.50 and a twelve month high of $345.72.

Oracle (NYSE:ORCL) last issued its quarterly earnings data on Wednesday, June 10th. The enterprise software provider reported $2.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.96 by $0.15. Oracle had a return on equity of 58.62% and a net margin of 25.37%.The business had revenue of $19.18 billion during the quarter, compared to the consensus estimate of $19.10 billion. During the same period in the previous year, the firm posted $1.70 earnings per share. The business’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. On average, analysts predict that Oracle Corporation will post 6.47 earnings per share for the current year.

Oracle Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, July 24th. Shareholders of record on Friday, July 10th were given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date was Friday, July 10th. Oracle’s payout ratio is 34.31%.

Insider Activity

In other news, Vice Chairman Jeffrey Henley sold 400,000 shares of the stock in a transaction on 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 approximately $63,664,000. This represents a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 40.90% of the company’s stock.

Oracle 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.