Oracle Corporation $ORCL Position Boosted by Amalgamated Bank

Amalgamated Bank increased its holdings in shares of Oracle Corporation (NYSE:ORCL) by 3.6% during the 2nd quarter, Holdings Channel.com reports. The fund owned 357,707 shares of the enterprise software provider’s stock after buying an additional 12,413 shares during the period. Oracle makes up approximately 0.6% of Amalgamated Bank’s portfolio, making the stock its 19th biggest position. Amalgamated Bank’s holdings in Oracle were worth $78,205,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Field & Main Bank raised its stake in Oracle by 0.4% during the second quarter. Field & Main Bank now owns 18,910 shares of the enterprise software provider’s stock worth $4,134,000 after acquiring an additional 70 shares during the period. Carret Asset Management LLC increased its stake in shares of Oracle by 2.7% in the second quarter. Carret Asset Management LLC now owns 118,784 shares of the enterprise software provider’s stock valued at $25,970,000 after purchasing an additional 3,081 shares during the period. Spinnaker Trust increased its stake in shares of Oracle by 11.3% in the second quarter. Spinnaker Trust now owns 14,099 shares of the enterprise software provider’s stock valued at $3,082,000 after purchasing an additional 1,437 shares during the period. Savvy Advisors Inc. increased its stake in shares of Oracle by 11.7% in the second quarter. Savvy Advisors Inc. now owns 11,632 shares of the enterprise software provider’s stock valued at $2,543,000 after purchasing an additional 1,220 shares during the period. Finally, Assetmark Inc. increased its stake in shares of Oracle by 167.0% in the second quarter. Assetmark Inc. now owns 144,651 shares of the enterprise software provider’s stock valued at $31,625,000 after purchasing an additional 90,484 shares during the period. Institutional investors and hedge funds own 42.44% of the company’s stock.

Insider Activity at Oracle

In other news, EVP Stuart Levey sold 19,758 shares of the firm’s stock in a transaction on Friday, October 10th. The stock was sold at an average price of $300.00, for a total value of $5,927,400.00. Following the completion of the sale, the executive vice president owned 18,429 shares of the company’s stock, valued at $5,528,700. This trade represents a 51.74% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Michael D. Sicilia sold 33,845 shares of the stock in a transaction that occurred on Tuesday, September 23rd. The stock was sold at an average price of $321.16, for a total transaction of $10,869,660.20. Following the completion of the sale, the insider owned 132,656 shares of the company’s stock, valued at approximately $42,603,800.96. The trade was a 20.33% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 170,769 shares of company stock worth $50,297,667. Insiders own 40.90% of the company’s stock.

Oracle Trading Down 2.0%

Shares of NYSE:ORCL opened at $275.20 on Thursday. The stock has a market capitalization of $784.54 billion, a price-to-earnings ratio of 63.70, a PEG ratio of 3.02 and a beta of 1.53. Oracle Corporation has a 1-year low of $118.86 and a 1-year high of $345.72. The company has a debt-to-equity ratio of 3.33, a quick ratio of 0.62 and a current ratio of 0.62. The company has a 50 day moving average price of $276.97 and a 200 day moving average price of $224.63.

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 analysts’ consensus estimates of $1.48 by ($0.01). The business had revenue of $14.93 billion for the quarter, compared to the consensus estimate of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.The company’s quarterly revenue was up 12.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, research analysts anticipate that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th were given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 0.7%. The ex-dividend date was Thursday, October 9th. Oracle’s payout ratio is presently 46.30%.

Wall Street Analysts Forecast Growth

ORCL has been the topic of several analyst reports. Guggenheim raised their price target on shares of Oracle from $375.00 to $400.00 and gave the company a “buy” rating in a research note on Friday, October 17th. UBS Group raised their price target on shares of Oracle from $360.00 to $380.00 and gave the company a “buy” rating in a research note on Friday, October 17th. Barclays raised their price target on shares of Oracle from $367.00 to $400.00 and gave the company an “overweight” rating in a research note on Friday, October 17th. BNP Paribas set a $377.00 price target on shares of Oracle in a research note on Wednesday, September 10th. Finally, Cowen reiterated a “buy” rating on shares of Oracle in a report on Friday, October 17th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $323.69.

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.