Oracle Corporation $ORCL Stock: King Luther Capital Management Corp Trims Holdings

King Luther Capital Management Corp decreased its position in shares of Oracle Corporation (NYSE:ORCL) by 12.2% during the 3rd quarter, Holdings Channel.com reports. The fund owned 1,294,089 shares of the enterprise software provider’s stock after selling 179,603 shares during the period. King Luther Capital Management Corp’s holdings in Oracle were worth $177,678,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of ORCL. Bank of New York Mellon Corp acquired a new position in Oracle during the second quarter worth $1,911,930,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in Oracle during the second quarter worth $625,454,000. Corient Private Wealth LP acquired a new stake in Oracle in the second quarter valued at $186,175,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in Oracle in the third quarter valued at $96,746,000. Finally, First Trust Advisors LP grew its holdings in Oracle by 23.3% in the first quarter. First Trust Advisors LP now owns 3,633,070 shares of the enterprise software provider’s stock valued at $534,461,000 after purchasing an additional 685,570 shares during the last quarter. Institutional investors and hedge funds own 42.44% of the company’s stock.

Insider Transactions at Oracle

In related news, CEO Michael Sicilia sold 22,562 shares of the stock in a transaction that occurred on Tuesday, September 22nd. The shares were sold at an average price of $151.59, for a total transaction of $3,420,173.58. Following the completion of the sale, 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Stephen Rusckowski bought 25,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 29th. The shares were acquired at an average cost of $139.35 per share, with a total value of $3,483,750.00. Following the transaction, the director owned 25,390 shares in the company, valued at approximately $3,538,096.50. This represents a 6,410.26% increase in their position. The SEC filing for this purchase provides additional information. In the last quarter, insiders sold 36,075 shares of company stock worth $5,342,123. 38.40% of the stock is currently owned by company insiders.

Latest Oracle News

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

• Positive Sentiment: Analysts see Oracle as better positioned for potential data-center restrictions. Mizuho said Oracle’s five largest data-center sites are already under construction, potentially reducing its exposure to new limits on building. Oracle’s CFO also said the company plans to add 7 gigawatts of data-center capacity. Oracle Stock Just Surged After CoreWeave Earnings
• Positive Sentiment: Opower showed a tangible utility use case. Oracle said its software helped utilities reduce peak electricity demand by 1 gigawatt across more than 70 events this year, a product milestone that may support demand for its offerings. Utilities Achieve Record Peak Energy Demand Reduction with Oracle
• 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

Analyst Ratings Changes

Several research firms have recently issued reports on ORCL. Rothschild & Co Redburn cut their price target on Oracle from $155.00 to $110.00 and set a “sell” rating for the company in a research note on Monday, July 20th. Scotiabank reiterated a “sector outperform” rating and issued a $205.00 price objective on shares of Oracle in a research report on Thursday, October 29th. DA Davidson reissued a “buy” rating and issued a $225.00 price objective on shares of Oracle in a research note on Friday, September 11th. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Oracle in a report on Thursday, September 10th. Finally, Guggenheim reaffirmed a “buy” rating on shares of Oracle in a research note on Thursday, October 29th. One 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 stock. According to MarketBeat, Oracle has a consensus rating of “Moderate Buy” and an average target price of $249.27.

Oracle Stock Up 8.9%

Shares of NYSE ORCL opened at $128.46 on Thursday. Oracle Corporation has a 52-week low of $109.21 and a 52-week high of $250.25. The firm has a fifty day moving average of $137.60 and a 200-day moving average of $154.59. The stock has a market capitalization of $388.42 billion, a PE ratio of 20.13, a P/E/G ratio of 0.83 and a beta of 1.79. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 1.89.

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 business had revenue of $19.34 billion for the quarter, compared to analyst estimates of $19.13 billion. Oracle had a return on equity of 48.85% and a net margin of 26.36%. The business’s quarterly revenue was up 29.6% on a year-over-year basis. During the same period last year, the company 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. On average, analysts anticipate that Oracle Corporation will post 6.71 EPS for the current year.

Oracle Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, October 23rd. Stockholders of record on Friday, October 9th were issued a dividend of $0.50 per share. The ex-dividend date was Friday, October 9th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.6%. Oracle’s payout ratio is presently 31.35%.

Oracle Company 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.