Brighton Jones LLC grew its stake in shares of Oracle Corporation (NYSE:ORCL – Free Report) by 37.1% during the third quarter, Holdings Channel.com reports. The institutional investor owned 133,240 shares of the enterprise software provider’s stock after acquiring an additional 36,044 shares during the quarter. Brighton Jones LLC’s holdings in Oracle were worth $18,294,000 at the end of the most recent quarter.
Other institutional investors also recently modified their holdings of the company. Candriam S.C.A. raised its position in shares of Oracle by 2.3% in the 3rd quarter. Candriam S.C.A. now owns 153,603 shares of the enterprise software provider’s stock valued at $21,167,000 after acquiring an additional 3,396 shares during the period. Cullinan Associates Inc. boosted its stake in Oracle by 4.4% during the 3rd quarter. Cullinan Associates Inc. now owns 84,046 shares of the enterprise software provider’s stock worth $11,539,000 after acquiring an additional 3,566 shares during the last quarter. J. Derek Lewis & Associates Inc. boosted its stake in Oracle by 25.5% during the 3rd quarter. J. Derek Lewis & Associates Inc. now owns 3,569 shares of the enterprise software provider’s stock worth $490,000 after acquiring an additional 725 shares during the last quarter. Rayburn West Financial Services LLC grew its holdings in Oracle by 79.7% during the third quarter. Rayburn West Financial Services LLC now owns 64,124 shares of the enterprise software provider’s stock valued at $8,804,000 after purchasing an additional 28,431 shares during the period. Finally, StoneX Group Inc. grew its holdings in Oracle by 453.0% during the third quarter. StoneX Group Inc. now owns 39,757 shares of the enterprise software provider’s stock valued at $5,550,000 after purchasing an additional 32,568 shares during the period. 42.44% of the stock is currently owned by institutional investors and hedge funds.
More Oracle News
Here are the key news stories impacting Oracle this week:
- Positive Sentiment: Oracle received the strongest valuation grade among seven major technology companies in a comparison following the sector selloff, potentially drawing interest from investors looking for relative value. Article: Oracle beats Microsoft and Amazon on a key Wall Street metric
- Neutral Sentiment: Scotiabank lowered its fiscal 2027 EPS estimate to $6.63 from $6.73, but kept its Sector Outperform rating and $205 price target. The estimate cut tempers, but does not reverse, the analyst’s positive stance. Article: Scotiabank revises Oracle EPS estimate
- Neutral Sentiment: Oracle’s annual stockholder meeting is scheduled for November 18; the announcement did not identify a new business or earnings development. Article: Oracle’s annual meeting of stockholders
- Negative Sentiment: Microsoft is reportedly winding down its arrangement to rent AI computing capacity from Oracle. The news adds to concern that major customers may reassess AI infrastructure spending and could weigh on expectations for Oracle’s cloud growth. Article: Microsoft is winding down Oracle deal to rent AI cloud capacity
- Negative Sentiment: Broader doubts about the AI data-center build-out are also pressuring sentiment. Reports cite possible changes to OpenAI’s capacity plans, political scrutiny of data-center construction, and debt tied to a Stargate project—risks that could challenge the expected returns on Oracle’s substantial infrastructure investment. Article: OpenAI weighs smaller data-center plans
Insider Activity
In related news, Director Stephen Rusckowski acquired 25,000 shares of the stock in a transaction dated Tuesday, September 29th. The stock was bought at an average price of $139.35 per share, with a total value of $3,483,750.00. Following the completion of the transaction, the director directly owned 25,390 shares of the company’s stock, valued at approximately $3,538,096.50. The trade was a 6,410.26% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Michael Sicilia sold 22,562 shares of the firm’s stock in a transaction on Tuesday, September 22nd. The stock was sold at an average price of $151.59, for a total transaction of $3,420,173.58. Following the sale, the chief executive officer owned 182,929 shares in the company, valued at approximately $27,730,207.11. The trade was a 10.98% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 36,075 shares of company stock worth $5,342,123 over the last quarter. 38.40% of the stock is currently owned by company insiders.
Wall Street Analyst Weigh In
Several brokerages have commented on ORCL. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $284.00 target price on shares of Oracle in a research note on Thursday, October 22nd. Jefferies Financial Group reissued a “buy” rating and set a $290.00 price target (down from $320.00) on shares of Oracle in a research report on Thursday, September 10th. Citizens Jmp reissued a “market outperform” rating and issued a $285.00 price target on shares of Oracle in a report on Friday, October 2nd. Royal Bank Of Canada lowered their price objective on shares of Oracle from $190.00 to $165.00 and set a “sector perform” rating for the company in a research report on Friday, September 11th. Finally, KeyCorp set a $285.00 price objective on Oracle in a research note on Friday, September 11th. One research analyst has rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating, six have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, Oracle has an average rating of “Moderate Buy” and a consensus price target of $249.27.
Check Out Our Latest Report on ORCL
Oracle Price Performance
Shares of ORCL opened at $115.96 on Friday. The company has a debt-to-equity ratio of 1.89, a quick ratio of 1.17 and a current ratio of 1.17. The stock has a 50 day simple moving average of $139.11 and a 200 day simple moving average of $155.40. Oracle Corporation has a 52-week low of $109.21 and a 52-week high of $250.25. The firm has a market capitalization of $350.64 billion, a PE ratio of 18.18, a P/E/G ratio of 0.81 and a beta of 1.79.
Oracle (NYSE:ORCL – Get Free Report) last posted its earnings results on Thursday, September 10th. The enterprise software provider reported $1.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.74 by $0.18. The business had revenue of $19.34 billion during the quarter, compared to analysts’ expectations of $19.13 billion. Oracle had a return on equity of 48.85% and a net margin of 26.36%. Oracle’s revenue for the quarter was up 29.6% compared to the same quarter last year. During the same period in the prior year, the business earned $1.47 EPS. Oracle has set its Q2 2027 guidance at 1.850-1.930 EPS and its FY 2027 guidance at 8.100-8.100 EPS. Sell-side analysts predict that Oracle Corporation will post 6.71 EPS for the current fiscal year.
Oracle Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, October 23rd. Stockholders of record on Friday, October 9th were issued a $0.50 dividend. 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 is 31.35%.
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.
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