Huntington National Bank Increases Stock Position in Oracle Corporation $ORCL

Huntington National Bank boosted its stake in shares of Oracle Corporation (NYSE:ORCL) by 6.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 627,146 shares of the enterprise software provider’s stock after buying an additional 40,215 shares during the quarter. Oracle accounts for about 0.9% of Huntington National Bank’s holdings, making the stock its 28th biggest holding. Huntington National Bank’s holdings in Oracle were worth $137,113,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently bought and sold shares of ORCL. Nuveen LLC purchased a new position in Oracle during the first quarter worth about $732,692,000. Vanguard Group Inc. boosted its stake in Oracle by 2.2% during the first quarter. Vanguard Group Inc. now owns 160,925,413 shares of the enterprise software provider’s stock worth $22,498,982,000 after buying an additional 3,513,464 shares during the period. Kingstone Capital Partners Texas LLC purchased a new position in Oracle during the second quarter worth about $731,512,000. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in Oracle by 79.2% during the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 4,638,951 shares of the enterprise software provider’s stock worth $648,572,000 after buying an additional 2,049,687 shares during the period. Finally, Assenagon Asset Management S.A. boosted its stake in Oracle by 840.7% during the second quarter. Assenagon Asset Management S.A. now owns 2,119,473 shares of the enterprise software provider’s stock worth $463,380,000 after buying an additional 1,894,157 shares during the period. Hedge funds and other institutional investors own 42.44% of the company’s stock.

Analyst Ratings Changes

Several research analysts have weighed in on ORCL shares. Stifel Nicolaus increased their target price on shares of Oracle from $250.00 to $350.00 and gave the stock a “buy” rating in a research note on Wednesday, September 10th. Jefferies Financial Group raised their price objective on shares of Oracle from $360.00 to $400.00 and gave the company a “buy” rating in a research note on Friday, October 17th. Redburn Partners set a $175.00 price objective on shares of Oracle in a research note on Thursday, September 25th. Bank of America raised shares of Oracle from a “neutral” rating to a “buy” rating and raised their price objective for the company from $295.00 to $368.00 in a research note on Wednesday, September 10th. Finally, Sanford C. Bernstein raised their price objective on shares of Oracle from $363.00 to $364.00 and gave the company an “outperform” rating in a research note on Friday, September 26th. Three analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $323.69.

Insider Activity at Oracle

In other Oracle news, EVP Maria Smith sold 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, October 23rd. The shares were sold at an average price of $280.62, for a total transaction of $1,403,100.00. Following the sale, the executive vice president owned 47,083 shares of the company’s stock, valued at approximately $13,212,431.46. This trade represents a 9.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Jeffrey Berg sold 49,365 shares of the firm’s stock in a transaction that occurred on Tuesday, October 28th. The stock was sold at an average price of $283.02, for a total transaction of $13,971,282.30. Following the sale, the director directly owned 151,999 shares in the company, valued at approximately $43,018,756.98. The trade was a 24.52% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 204,254 shares of company stock valued at $60,227,807 in the last quarter. Company insiders own 40.90% of the company’s stock.

Oracle Stock Down 1.8%

Shares of NYSE:ORCL opened at $257.85 on Tuesday. The firm’s 50 day moving average price is $278.42 and its 200 day moving average price is $227.98. The stock has a market cap of $735.08 billion, a price-to-earnings ratio of 59.69, a price-to-earnings-growth ratio of 2.96 and a beta of 1.53. Oracle Corporation has a fifty-two week low of $118.86 and a fifty-two week high of $345.72. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 3.33.

Oracle (NYSE:ORCL) last issued its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share for the quarter, missing the consensus estimate of $1.48 by ($0.01). The firm had revenue of $14.93 billion during the quarter, compared to analyst estimates of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. The firm’s revenue was up 12.2% compared to the same quarter last year. During the same period last year, the business earned $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, equities research analysts predict that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th were issued a dividend of $0.50 per share. The ex-dividend date of this dividend was Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a yield of 0.8%. Oracle’s dividend payout ratio (DPR) is presently 46.30%.

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.