Kestra Investment Management LLC Sells 4,093 Shares of Oracle Corporation $ORCL

Kestra Investment Management LLC reduced its holdings in shares of Oracle Corporation (NYSE:ORCL) by 43.7% in the third quarter, Holdings Channel reports. The institutional investor owned 5,278 shares of the enterprise software provider’s stock after selling 4,093 shares during the period. Kestra Investment Management LLC’s holdings in Oracle were worth $725,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the business. Bank of New York Mellon Corp bought a new stake in shares of Oracle during the 2nd quarter valued at $1,911,930,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in shares of Oracle in the 2nd quarter worth $625,454,000. Corient Private Wealth LP purchased a new stake in shares of Oracle in the 2nd quarter worth $186,175,000. Mirae Asset Global Investments Co. Ltd. bought a new position in Oracle in the 3rd quarter worth $96,746,000. Finally, First Trust Advisors LP raised its holdings in Oracle by 23.3% in the 1st quarter. First Trust Advisors LP now owns 3,633,070 shares of the enterprise software provider’s stock worth $534,461,000 after purchasing an additional 685,570 shares during the period. 42.44% of the stock is currently owned by institutional investors.

More Oracle News

These are some of the ORCL news items that stood out recently:

• Positive Sentiment: CoreWeave’s results lifted AI stocks. CoreWeave beat expectations, raised its outlook, and said it would rely less on unsecured borrowing and more on financing such as customer prepayments. This helped reduce worries about AI infrastructure funding that had weighed on Oracle. Why Oracle Stock Is Up Today
• Positive Sentiment: Management outlined a path to stronger cash generation. CFO Hilary Maxson said Oracle expects to become cash-flow positive in the second half of fiscal 2028 and generate more than $30 billion in free cash flow in fiscal 2029, with the outlook depending partly on capital spending peaking. Oracle CFO Promises More Than $30 Billion in Free Cash Flow
• Negative Sentiment: Financing and contract risks have not disappeared. Reports cited borrowing costs as high as 8.65% on new notes, while Oracle recently lost a reported Tencent deal and a Microsoft contract. These developments underscore execution and funding risks around its large AI infrastructure investment. Oracle Shares Climb as CoreWeave Funding Reset Eases AI Debt Fears

Oracle Stock Up 8.9%

Shares of ORCL stock opened at $128.46 on Thursday. The company has a market capitalization of $388.42 billion, a price-to-earnings ratio of 20.13, a PEG ratio of 0.83 and a beta of 1.79. Oracle Corporation has a one year low of $109.21 and a one year high of $250.25. The company’s fifty day moving average price is $137.60 and its 200-day moving average price is $154.59. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.17 and a quick ratio of 1.17.

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

Oracle Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, October 23rd. Shareholders of record on Friday, October 9th were issued a dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, October 9th. This represents a $2.00 dividend on an annualized basis and a yield of 1.6%. Oracle’s dividend payout ratio (DPR) is currently 31.35%.

Insider Activity

In other Oracle news, Director Stephen H. Rusckowski bought 25,000 shares of the business’s stock in a transaction that occurred 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 completion of the transaction, the director owned 25,390 shares of the company’s stock, valued at $3,538,096.50. This trade represents a 6,410.26% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Maria Smith sold 2,631 shares of the stock in a transaction dated Tuesday, September 22nd. The stock was sold at an average price of $151.70, for a total value of $399,122.70. Following the sale, the executive vice president owned 64,357 shares of the company’s stock, valued at $9,762,956.90. This represents a 3.93% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 36,075 shares of company stock worth $5,342,123 over the last ninety days. Corporate insiders own 38.40% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on the company. UBS Group lifted their target price on Oracle from $245.00 to $250.00 and gave the company a “buy” rating in a research report on Friday, September 11th. Jefferies Financial Group restated a “buy” rating and issued a $290.00 price target (down from $320.00) on shares of Oracle in a research report on Thursday, September 10th. Stephens raised Oracle from an “equal weight” rating to an “overweight” rating and raised their price objective for the stock from $185.00 to $213.00 in a research note on Monday, November 2nd. Argus reaffirmed a “buy” rating and set a $225.00 price objective on shares of Oracle in a research report on Monday, September 14th. Finally, Scotiabank reaffirmed a “sector outperform” rating and set a $205.00 price objective on shares of Oracle in a research report on Thursday, October 29th. 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 given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $249.27.

About Oracle

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.