Norges Bank Invests $4.28 Billion in Oracle Corporation $ORCL

Norges Bank bought a new stake in shares of Oracle Corporation (NYSE:ORCL) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 19,555,311 shares of the enterprise software provider’s stock, valued at approximately $4,275,378,000. Oracle accounts for about 0.5% of Norges Bank’s investment portfolio, making the stock its 26th biggest position.

Several other institutional investors also recently added to or reduced their stakes in ORCL. Snider Financial Group increased its position in shares of Oracle by 1.3% during the second quarter. Snider Financial Group now owns 3,204 shares of the enterprise software provider’s stock worth $701,000 after acquiring an additional 40 shares during the period. SNS Financial Group LLC grew its stake in Oracle by 0.9% in the second quarter. SNS Financial Group LLC now owns 4,896 shares of the enterprise software provider’s stock worth $1,070,000 after purchasing an additional 42 shares in the last quarter. PKS Advisory Services LLC increased its holdings in Oracle by 1.9% during the 2nd quarter. PKS Advisory Services LLC now owns 2,211 shares of the enterprise software provider’s stock worth $483,000 after purchasing an additional 42 shares during the period. Reyes Financial Architecture Inc. grew its holdings in Oracle by 7.2% during the 2nd quarter. Reyes Financial Architecture Inc. now owns 643 shares of the enterprise software provider’s stock worth $141,000 after acquiring an additional 43 shares in the last quarter. Finally, Creative Capital Management Investments LLC raised its position in shares of Oracle by 5.7% in the 2nd quarter. Creative Capital Management Investments LLC now owns 798 shares of the enterprise software provider’s stock worth $174,000 after acquiring an additional 43 shares in the last quarter. Hedge funds and other institutional investors own 42.44% of the company’s stock.

Insider Buying and Selling at Oracle

In other Oracle news, Director Naomi O. Seligman sold 2,222 shares of the stock in a transaction that occurred on Friday, September 26th. The stock was sold at an average price of $288.91, for a total transaction of $641,958.02. Following the completion of the transaction, the director owned 29,225 shares of the company’s stock, valued at $8,443,394.75. This represents a 7.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Clayton M. Magouyrk sold 40,000 shares of Oracle stock in a transaction that occurred on Tuesday, October 21st. The stock was sold at an average price of $276.64, for a total value of $11,065,600.00. Following the completion of the sale, the chief executive officer directly owned 154,030 shares in the company, valued at $42,610,859.20. This represents a 20.62% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 204,254 shares of company stock valued at $60,227,807. Corporate insiders own 40.90% of the company’s stock.

Oracle Stock Up 4.2%

Shares of ORCL stock opened at $205.29 on Friday. Oracle Corporation has a twelve month low of $118.86 and a twelve month high of $345.72. The stock has a market cap of $585.23 billion, a P/E ratio of 47.52, a P/E/G ratio of 2.96 and a beta of 1.51. The stock has a 50 day moving average of $264.94 and a 200 day moving average of $237.02. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.33.

Oracle (NYSE:ORCL) last posted its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share (EPS) 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 business’s revenue for the quarter was up 12.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, sell-side analysts expect that Oracle Corporation will post 5 EPS for the current year.

Oracle Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th were given a $0.50 dividend. The ex-dividend date was Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.0%. Oracle’s payout ratio is 46.30%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on ORCL shares. HSBC reaffirmed a “buy” rating and set a $382.00 price objective on shares of Oracle in a research report on Wednesday. Rothschild Redb raised shares of Oracle to a “strong sell” rating in a research report on Thursday, September 25th. Mizuho increased their target price on shares of Oracle from $300.00 to $350.00 and gave the company an “outperform” rating in a research report on Wednesday, September 10th. Piper Sandler raised their target price on shares of Oracle from $330.00 to $380.00 and gave the company an “overweight” rating in a research note on Friday, October 17th. Finally, Cantor Fitzgerald raised their price target on Oracle from $271.00 to $400.00 and gave the stock an “overweight” rating in a report on Wednesday, September 10th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $324.89.

Oracle Company 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.