Oracle Corporation $ORCL Stock Bought by Torrey Growth & Income Advisors

Torrey Growth & Income Advisors lifted its position in shares of Oracle Corporation (NYSE:ORCL) by 9.4% in the third quarter, HoldingsChannel reports. The institutional investor owned 58,400 shares of the enterprise software provider’s stock after purchasing an additional 5,000 shares during the period. Oracle makes up approximately 2.5% of Torrey Growth & Income Advisors’ holdings, making the stock its 9th biggest holding. Torrey Growth & Income Advisors’ holdings in Oracle were worth $8,019,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Pilgrim Partners Asia Pte Ltd acquired a new position in Oracle in the third quarter valued at $25,000. Foresight Capital Management Advisors Inc. purchased a new stake in Oracle during the third quarter valued at about $26,000. North Point Portfolio Managers Corp OH purchased a new stake in Oracle during the third quarter valued at about $27,000. Persistent Asset Partners Ltd acquired a new stake in Oracle during the second quarter worth about $29,000. Finally, Strengthening Families & Communities LLC increased its stake in Oracle by 231.3% during the third quarter. Strengthening Families & Communities LLC now owns 222 shares of the enterprise software provider’s stock worth $30,000 after acquiring an additional 155 shares during the last quarter. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on ORCL shares. HC Wainwright initiated coverage on Oracle in a report on Monday, November 2nd. They issued a “buy” rating on the stock. UBS Group boosted their target price on Oracle from $245.00 to $250.00 and gave the stock a “buy” rating in a report on Friday, September 11th. Melius Research set a $170.00 target price on Oracle in a report on Thursday, October 29th. Oppenheimer reissued an “outperform” rating and set a $275.00 target price on shares of Oracle in a research report on Thursday, October 29th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Oracle in a report on Friday, October 16th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating, five have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $249.27.

Oracle News Roundup

Here are the key news stories impacting Oracle this week:

• Positive Sentiment: Oppenheimer still identifies Oracle as one of the software companies positioned to benefit from AI, while ETFs purchased about $111 million of ORCL shares on Thursday—potential signs of investor support. Oppenheimer sees Oracle as an AI winner ETF purchases of Oracle shares
• Neutral Sentiment: Oracle announced a $1.55 million grant for a Nashville community hub and redevelopment project. The announcement has limited direct relevance to the company’s financial outlook. Oracle community grant announcement
• Negative Sentiment: Microsoft is reportedly winding down an agreement to rent Oracle AI computing capacity, following Oracle’s cancellation of an estimated $7 billion chip-leasing deal with Tencent. The Microsoft contract may be relatively small, but its loss adds uncertainty about demand; S&P reportedly estimates OpenAI represents about half of Oracle’s backlog, heightening customer-concentration concerns. Microsoft deal and Oracle balance-sheet concerns
• Negative Sentiment: Several commentaries question Oracle’s financing needs and the durability of demand for its AI infrastructure. One report also notes ING plans to sell data-center loans that include a major Oracle-related project involving OpenAI and SoftBank. These concerns add to pressure on shares, which are well below their 50- and 200-day moving averages. Questions about Oracle AI infrastructure demand Oracle downgrade commentary

Oracle Stock Up 3.3%

Shares of NYSE ORCL opened at $119.94 on Tuesday. The stock has a fifty day moving average price of $138.49 and a 200 day moving average price of $155.13. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 1.89. Oracle Corporation has a 12-month low of $109.21 and a 12-month high of $250.25. The company has a market cap of $362.66 billion, a P/E ratio of 18.80, a P/E/G ratio of 0.87 and a beta of 1.79.

Oracle (NYSE:ORCL) last issued its quarterly earnings data on Thursday, September 10th. The enterprise software provider reported $1.92 EPS for the quarter, topping analysts’ consensus estimates of $1.74 by $0.18. Oracle had a return on equity of 48.85% and a net margin of 26.36%. The company had revenue of $19.34 billion for the quarter, compared to analysts’ expectations of $19.13 billion. During the same quarter in the previous year, the firm posted $1.47 earnings per share. The firm’s quarterly revenue was up 29.6% on a year-over-year basis. 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 anticipate that Oracle Corporation will post 6.71 EPS for the current fiscal year.

Oracle Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, October 23rd. Investors of record on Friday, October 9th were issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 1.7%. The ex-dividend date was Friday, October 9th. Oracle’s dividend payout ratio (DPR) is presently 31.35%.

Insider Activity at Oracle

In related news, Director Stephen H. Rusckowski purchased 25,000 shares of the firm’s stock in a transaction on Tuesday, September 29th. The stock was purchased at an average price of $139.35 per share, for a total transaction of $3,483,750.00. Following the acquisition, the director directly owned 25,390 shares in the company, valued at $3,538,096.50. The trade was a 6,410.26% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Michael D. Sicilia sold 22,562 shares of the stock in a transaction that occurred on Tuesday, September 22nd. The shares were sold at an average price of $151.59, for a total transaction of $3,420,173.58. Following the completion of the sale, the chief executive officer directly owned 182,929 shares of the company’s stock, valued at $27,730,207.11. This trade represents a 10.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 36,075 shares of company stock worth $5,342,123. 38.40% of the stock is currently owned by company insiders.

Oracle 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.

Founded in 1977 as Software Development Laboratories, Oracle serves businesses and public-sector organizations across geographies worldwide.