Oracle (NYSE:ORCL) Shares Up 3.2% – Here’s What Happened

Oracle Corporation (NYSE:ORCL) shares rose 3.2% during trading on Thursday. The company traded as high as $135.08 and last traded at $134.6950. 30,052,083 shares changed hands during trading, an increase of 2% from the average daily volume of 29,464,893 shares. The stock had previously closed at $130.55.

More Oracle News

Here are the key news stories impacting Oracle this week:

• Positive Sentiment: Analyst conviction remains strong. Mizuho reaffirmed its $320 price target and “Outperform” rating, suggesting the recent decline may have created an attractive entry point if Oracle delivers on its cloud and AI growth plans. Wall Street analyst updates Oracle stock price target
• Positive Sentiment: Long-term cloud demand provides support. Oracle’s remaining performance obligations reportedly total about $664 billion, indicating substantial contracted future revenue. Recent earnings also showed strong growth, with revenue up 29.6% year over year and earnings exceeding expectations.
• Positive Sentiment: AI data-center expansion continues. Oracle’s Project Jupiter campus has selected Bloom Energy as a primary power source, while Vertex expanded its Oracle Cloud integration through Oracle Marketplace. These developments reinforce Oracle’s role in AI infrastructure and cloud services. Bloom Energy Got Good News From Oracle

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. CLSA assumed coverage on Oracle in a research note on Monday, July 20th. They issued a “hold” rating and a $145.00 price objective on the stock. Oppenheimer reissued an “outperform” rating and set a $275.00 price target (up from $235.00) on shares of Oracle in a research report on Tuesday, September 8th. Weiss Ratings lowered shares of Oracle from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, July 20th. UBS Group upped their price target on Oracle from $245.00 to $250.00 and gave the stock a “buy” rating in a research report on Friday, September 11th. Finally, Morgan Stanley raised their target price on shares of Oracle from $207.00 to $210.00 and gave the company an “equal weight” rating in a research report on Friday, September 4th. One research analyst has rated the stock with a Strong Buy rating, thirty-six have assigned a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $251.72.

Oracle Trading Up 3.2%

The company has a market capitalization of $407.28 billion, a price-to-earnings ratio of 21.11, a P/E/G ratio of 1.01 and a beta of 1.78. The business’s 50-day moving average price is $145.93 and its two-hundred day moving average price is $158.89. 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 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.74 by $0.18. The business had revenue of $19.34 billion for the quarter, compared to analysts’ expectations of $19.13 billion. Oracle had a net margin of 26.36% and a return on equity of 48.85%. The firm’s quarterly revenue was up 29.6% compared to the same quarter last year. During the same period last year, the firm posted $1.47 earnings per share. Oracle has set its Q2 2027 guidance at 1.850-1.930 EPS and its FY 2027 guidance at 8.100-8.100 EPS. Research analysts predict that Oracle Corporation will post 6.73 earnings per share for the current year.

Oracle Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, October 23rd. Stockholders of record on Friday, October 9th will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date is Friday, October 9th. Oracle’s dividend payout ratio is presently 31.35%.

Insider Activity

In other news, EVP Maria Smith sold 2,631 shares of the firm’s stock in a transaction on Tuesday, September 22nd. The shares were 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. This trade represents a 3.93% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Stephen Rusckowski bought 25,000 shares of the business’s stock in a transaction on Tuesday, September 29th. The shares were bought at an average cost of $139.35 per share, for a total transaction of $3,483,750.00. Following the completion of the acquisition, the director directly owned 25,390 shares in the company, valued at approximately $3,538,096.50. This trade represents a 6,410.26% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders sold 36,075 shares of company stock valued at $5,342,123 over the last quarter. 38.40% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in ORCL. Janus Henderson Group PLC raised its holdings in shares of Oracle by 8.6% during the fourth quarter. Janus Henderson Group PLC now owns 14,539,366 shares of the enterprise software provider’s stock valued at $2,815,242,000 after purchasing an additional 1,148,698 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Oracle by 0.8% in the 2nd 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 valued at $2,151,395,000 after buying an additional 123,294 shares during the period. Bank of New York Mellon Corp increased its position in Oracle by 3.0% in 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 raised its stake in Oracle by 1.5% during the 2nd quarter. Amundi now owns 9,878,184 shares of the enterprise software provider’s stock worth $1,447,648,000 after buying an additional 144,087 shares during the period. Finally, Dimensional Fund Advisors LP raised its stake in Oracle by 1.7% during 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. 42.44% of the stock is owned by institutional investors and hedge funds.

About Oracle

Oracle Corporation (NYSE: ORCL) is a global technology company that develops enterprise software, cloud services and related hardware. Its offerings help businesses manage databases, applications, data, infrastructure and other core information-technology operations.

The company is best known for its Oracle Database, along with cloud-based infrastructure and platform services. Oracle also provides enterprise applications for functions such as finance, human resources, supply-chain management, customer experience and industry-specific operations.