TIAA Trust National Association Has $48.68 Million Stake in Oracle Corporation $ORCL

TIAA Trust National Association lessened its position in Oracle Corporation (NYSE:ORCL) by 7.5% in the second quarter, Holdings Channel.com reports. The firm owned 222,687 shares of the enterprise software provider’s stock after selling 18,034 shares during the quarter. TIAA Trust National Association’s holdings in Oracle were worth $48,683,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Iron Horse Wealth Management LLC increased its stake in shares of Oracle by 284.9% in the first quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider’s stock valued at $29,000 after buying an additional 151 shares during the period. LGT Financial Advisors LLC bought a new stake in Oracle during the 2nd quarter worth approximately $33,000. Legend Financial Advisors Inc. bought a new stake in Oracle during the 2nd quarter worth approximately $34,000. HighMark Wealth Management LLC acquired a new position in Oracle in the 2nd quarter valued at approximately $38,000. Finally, Graybill Wealth Management LTD. bought a new position in shares of Oracle during the first quarter valued at $39,000. 42.44% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on ORCL shares. Berenberg Bank boosted their price objective on shares of Oracle from $202.00 to $306.00 and gave the stock a “hold” rating in a research note on Monday, September 15th. DA Davidson upped their price target on Oracle from $220.00 to $300.00 and gave the company a “neutral” rating in a research report on Wednesday, September 10th. JPMorgan Chase & Co. increased their price target on Oracle from $185.00 to $210.00 and gave the company a “neutral” rating in a research note on Monday, September 8th. Evercore ISI lifted their price objective on Oracle from $350.00 to $385.00 and gave the stock an “outperform” rating in a research note on Friday, October 17th. Finally, Weiss Ratings cut Oracle from a “buy (b-)” rating to a “hold (c+)” rating in a report on Saturday, October 25th. Three research analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $323.69.

Oracle Trading Up 2.2%

NYSE ORCL opened at $262.60 on Friday. The stock has a market capitalization of $748.62 billion, a P/E ratio of 60.79, a P/E/G ratio of 2.96 and a beta of 1.53. The business has a 50 day simple moving average of $277.97 and a 200 day simple moving average of $226.38. The company has a debt-to-equity ratio of 3.33, a current ratio of 0.62 and a quick ratio of 0.62. Oracle Corporation has a one year low of $118.86 and a one year high of $345.72.

Oracle (NYSE:ORCL) last posted its quarterly earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.01). The business had revenue of $14.93 billion for the quarter, compared to the consensus estimate of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.Oracle’s quarterly revenue was up 12.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Research analysts expect that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, October 23rd. Investors of record on Thursday, October 9th were paid a dividend of $0.50 per share. The ex-dividend date of this dividend was Thursday, October 9th. This represents a $2.00 annualized dividend and a yield of 0.8%. Oracle’s dividend payout ratio is currently 46.30%.

Insiders Place Their Bets

In other Oracle news, EVP Stuart Levey sold 19,758 shares of Oracle stock in a transaction on Friday, October 10th. The shares were sold at an average price of $300.00, for a total value of $5,927,400.00. Following the completion of the sale, the executive vice president directly owned 18,429 shares of the company’s stock, valued at approximately $5,528,700. The trade was a 51.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Maria Smith sold 5,000 shares of the stock in a transaction dated Thursday, October 23rd. The stock was sold at an average price of $280.62, for a total transaction of $1,403,100.00. Following the transaction, the executive vice president directly owned 47,083 shares in the company, valued at $13,212,431.46. This trade represents a 9.60% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 220,134 shares of company stock valued at $64,268,949. 40.90% of the stock is currently owned by corporate insiders.

Oracle Profile

Oracle Corporation offers products and services that address enterprise information technology environments worldwide. Its Oracle cloud software as a service offering include various cloud software applications, including Oracle Fusion cloud enterprise resource planning (ERP), Oracle Fusion cloud enterprise performance management, Oracle Fusion cloud supply chain and manufacturing management, Oracle Fusion cloud human capital management, Oracle Cerner healthcare, Oracle Advertising, and NetSuite applications suite, as well as Oracle Fusion Sales, Service, and Marketing.