19,597 Oracle Corporation $ORCL Shares Bought by Knights of Columbus Asset Advisors LLC

Knights of Columbus Asset Advisors LLC raised its stake in Oracle Corporation (NYSE:ORCL) by 26.5% during the third quarter, Holdings Channel reports. The firm owned 93,671 shares of the enterprise software provider’s stock after purchasing an additional 19,597 shares during the period. Knights of Columbus Asset Advisors LLC’s holdings in Oracle were worth $12,861,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position 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 worth $2,151,395,000 after buying an additional 123,294 shares during the period. Bank of New York Mellon Corp boosted its holdings in Oracle by 3.0% in the first 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 acquiring an additional 384,984 shares during the last quarter. Amundi boosted its holdings in Oracle by 1.5% in the second quarter. Amundi now owns 9,878,184 shares of the enterprise software provider’s stock valued at $1,447,648,000 after acquiring an additional 144,087 shares during the last quarter. Dimensional Fund Advisors LP grew its position in Oracle by 1.7% during the first quarter. Dimensional Fund Advisors LP now owns 8,586,492 shares of the enterprise software provider’s stock valued at $1,262,827,000 after acquiring an additional 147,048 shares during the period. Finally, First Eagle Investment Management LLC grew its position in Oracle by 1.0% during the second quarter. First Eagle Investment Management LLC now owns 8,516,878 shares of the enterprise software provider’s stock valued at $1,248,148,000 after acquiring an additional 81,700 shares during the period. 42.44% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, EVP Maria Smith sold 2,631 shares of the business’s stock in a transaction that occurred on Tuesday, September 22nd. The stock was sold at an average price of $151.70, for a total transaction of $399,122.70. Following the transaction, the executive vice president directly owned 64,357 shares of the company’s stock, valued at approximately $9,762,956.90. The trade was a 3.93% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Michael Sicilia sold 22,562 shares of the company’s stock in a transaction that occurred on Tuesday, September 22nd. The stock was sold at an average price of $151.59, for a total value of $3,420,173.58. Following the completion of the transaction, the chief executive officer owned 182,929 shares of the company’s stock, valued at approximately $27,730,207.11. This represents a 10.98% decrease in their position. The SEC filing for this sale provides additional information. 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 valued at $5,342,123. Corporate insiders own 38.40% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on ORCL shares. The Goldman Sachs Group lowered Oracle from a “neutral” rating to a “sell” rating in a research note on Monday, November 2nd. Citizens Jmp reaffirmed a “market outperform” rating and issued a $285.00 price objective on shares of Oracle in a research note on Friday, October 2nd. Cantor Fitzgerald reiterated an “overweight” rating and set a $284.00 target price on shares of Oracle in a report on Thursday, October 22nd. Sanford C. Bernstein reissued an “outperform” rating on shares of Oracle in a research report on Tuesday, October 27th. Finally, UBS Group increased their target price on shares of Oracle from $245.00 to $250.00 and gave the stock a “buy” rating in a research report on Friday, September 11th. One research analyst has rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating, five have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $249.27.

Oracle Stock Down 1.6%

Shares of NYSE ORCL opened at $117.87 on Wednesday. The stock has a fifty day moving average price of $137.85 and a 200 day moving average price of $154.83. 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 $356.42 billion, a P/E ratio of 18.48, a P/E/G ratio of 0.84 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 Announces Dividend

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%.

Key Oracle News

Here are the key news stories impacting Oracle this week:

• Positive Sentiment: Oracle broke ground on its future Nashville global headquarters, a long-term investment intended to support growth in cloud, AI and healthcare and create thousands of jobs. Oracle Nashville headquarters announcement
• Positive Sentiment: The company launched AI-assisted treasury and customer analytics applications for financial institutions, adding to its cloud and AI product offerings. Oracle financial analytics announcement
• Neutral Sentiment: Oracle says renewed rentals of older GPUs were priced at a premium, suggesting some continued demand for its existing AI capacity; however, this does not offset uncertainty around specific customer contracts. Report on GPU renewals and Microsoft
• Negative Sentiment: Reports said Oracle lost an estimated $7 billion Tencent chip-leasing deal and that Microsoft is winding down an AI-computing arrangement, reportedly because Oracle’s older Nvidia chips no longer meet Microsoft’s requirements. These developments raise questions about infrastructure demand and Oracle’s ability to secure customers for its planned capacity. Report on Tencent and Microsoft contracts
• Negative Sentiment: Commentary highlighted concentration and financing risks: Oracle’s AI backlog is said to rely heavily on OpenAI, while its aggressive data-center spending increases exposure to debt, project execution and potential AI-market setbacks. Analysis of Oracle’s balance sheet and AI contracts

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.