AMF Tjanstepension AB Has $29.17 Million Stake in Oracle Corporation $ORCL

AMF Tjanstepension AB increased its holdings in Oracle Corporation (NYSE:ORCLFree Report) by 16.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 149,675 shares of the enterprise software provider’s stock after buying an additional 21,010 shares during the period. AMF Tjanstepension AB’s holdings in Oracle were worth $29,173,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ORCL. HFM Investment Advisors LLC raised its position in shares of Oracle by 290.9% in the fourth quarter. HFM Investment Advisors LLC now owns 129 shares of the enterprise software provider’s stock valued at $25,000 after buying an additional 96 shares in the last quarter. FSA Wealth Management LLC acquired a new stake in shares of Oracle in the third quarter valued at approximately $28,000. Joseph Group Capital Management acquired a new stake in shares of Oracle in the fourth quarter valued at approximately $29,000. Investors Research Corp raised its position in shares of Oracle by 465.5% in the fourth quarter. Investors Research Corp now owns 164 shares of the enterprise software provider’s stock valued at $32,000 after buying an additional 135 shares in the last quarter. Finally, Mpwm Advisory Solutions LLC raised its position in shares of Oracle by 76.9% in the third quarter. Mpwm Advisory Solutions LLC now owns 115 shares of the enterprise software provider’s stock valued at $32,000 after buying an additional 50 shares in the last quarter. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Oracle News Summary

Here are the key news stories impacting Oracle this week:

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the stock. Citizens Jmp dropped their price target on shares of Oracle from $342.00 to $285.00 and set a “market outperform” rating for the company in a research report on Thursday, February 5th. Bank of America assumed coverage on shares of Oracle in a research report on Tuesday, March 24th. They issued a “buy” rating and a $200.00 price target for the company. Stephens reissued an “equal weight” rating and issued a $254.00 price objective on shares of Oracle in a research note on Tuesday, April 7th. Morgan Stanley decreased their price objective on shares of Oracle from $213.00 to $207.00 and set an “equal weight” rating on the stock in a research note on Thursday, April 23rd. Finally, Citigroup lifted their price objective on shares of Oracle from $310.00 to $320.00 and gave the company a “buy” rating in a research note on Thursday, March 12th. Three analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $261.46.

Get Our Latest Stock Analysis on Oracle

Insider Buying and Selling at Oracle

In other Oracle news, EVP Stuart Levey sold 15,000 shares of the business’s stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $176.19, for a total transaction of $2,642,850.00. Following the sale, the executive vice president owned 3,429 shares of the company’s stock, valued at approximately $604,155.51. The trade was a 81.39% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 40.90% of the company’s stock.

Oracle Stock Performance

Shares of NYSE:ORCL opened at $186.60 on Tuesday. The company’s 50 day simple moving average is $163.60 and its 200 day simple moving average is $181.56. The stock has a market capitalization of $536.67 billion, a price-to-earnings ratio of 33.50, a price-to-earnings-growth ratio of 1.84 and a beta of 1.55. The company has a debt-to-equity ratio of 3.66, a current ratio of 1.35 and a quick ratio of 1.35. Oracle Corporation has a 1 year low of $134.57 and a 1 year high of $345.72.

Oracle (NYSE:ORCLGet Free Report) last posted its earnings results on Tuesday, March 10th. The enterprise software provider reported $1.79 earnings per share for the quarter, topping analysts’ consensus estimates of $1.71 by $0.08. The firm had revenue of $17.19 billion for the quarter, compared to analysts’ expectations of $16.91 billion. Oracle had a net margin of 25.30% and a return on equity of 62.70%. The company’s revenue was up 21.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.47 earnings per share. Oracle has set its Q4 2026 guidance at 1.960-2.000 EPS. As a group, research analysts predict that Oracle Corporation will post 6.08 EPS for the current fiscal year.

Oracle Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, April 24th. Shareholders of record on Thursday, April 9th were paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Thursday, April 9th. Oracle’s payout ratio is presently 35.91%.

About Oracle

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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.

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Institutional Ownership by Quarter for Oracle (NYSE:ORCL)

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