Oracle Corporation (NYSE:ORCL – Get Free Report) shares dropped 1.6% during mid-day trading on Thursday . The stock traded as low as $138.83 and last traded at $140.27. Approximately 42,898,814 shares were traded during mid-day trading, an increase of 54% from the average daily volume of 27,930,967 shares. The stock had previously closed at $142.50.
Key Oracle News
Here are the key news stories impacting Oracle this week:
- Positive Sentiment: Mizuho named Oracle one of its top July stock picks, signaling continued analyst confidence in the shares. Mizuho Unveils July’s Premier Stock Selections: Robinhood (HOOD), Micron (MU), and Oracle (ORCL) Lead the Pack
- Positive Sentiment: KeyBanc reaffirmed an Overweight rating and raised confidence in Oracle’s AI cloud expansion, citing improved transparency on spending and stronger long-term earnings estimates. KeyBanc Raises Confidence in Oracle (ORCL) AI Cloud Expansion
- Positive Sentiment: Erste Group lifted its FY2027 and FY2028 earnings forecasts for Oracle, suggesting analysts still see meaningful profit growth ahead. 5 Tech Stocks to Buy on the July Pullback (ORCL)
- Positive Sentiment: Oracle also unveiled new AI agents for supply chains and manager coaching, reinforcing the company’s push to monetize AI in enterprise software. Oracle (ORCL) Unveils AI Agents For Supply Chains And Manager Coaching
Wall Street Analyst Weigh In
Several research analysts have issued reports on ORCL shares. Stephens reaffirmed an “equal weight” rating and issued a $164.00 target price on shares of Oracle in a report on Thursday, June 11th. Wedbush reduced their price target on shares of Oracle from $275.00 to $240.00 and set an “outperform” rating for the company in a research report on Thursday, June 11th. Scotiabank restated an “overweight” rating on shares of Oracle in a report on Thursday, June 11th. Arete Research set a $255.00 price objective on Oracle and gave the company a “buy” rating in a research report on Thursday, May 7th. Finally, JPMorgan Chase & Co. upgraded Oracle from a “neutral” rating to an “overweight” rating and cut their target price for the company from $230.00 to $210.00 in a research note on Wednesday, March 11th. Two analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $268.27.
Oracle Trading Down 1.6%
The company has a debt-to-equity ratio of 3.21, a current ratio of 1.12 and a quick ratio of 1.12. The stock’s 50-day moving average is $187.68 and its two-hundred day moving average is $173.93. The company has a market cap of $404.04 billion, a P/E ratio of 24.06, a P/E/G ratio of 0.92 and a beta of 1.72.
Oracle (NYSE:ORCL – Get Free Report) last released its quarterly earnings results on Wednesday, June 10th. The enterprise software provider reported $2.11 earnings per share for the quarter, beating the consensus estimate of $1.96 by $0.15. The firm had revenue of $19.18 billion for the quarter, compared to analysts’ expectations of $19.10 billion. Oracle had a return on equity of 58.62% and a net margin of 25.37%.The company’s revenue was up 20.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.70 EPS. Oracle has set its Q1 2027 guidance at 1.720-1.760 EPS and its FY 2027 guidance at 8.050-8.050 EPS. As a group, equities research analysts predict that Oracle Corporation will post 6.45 earnings per share for the current fiscal year.
Oracle Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Friday, July 24th. Shareholders of record on Friday, July 10th will be issued a $0.50 dividend. The ex-dividend date of this dividend is Friday, July 10th. This represents a $2.00 dividend on an annualized basis and a yield of 1.4%. Oracle’s dividend payout ratio is currently 34.31%.
Insider Transactions at Oracle
In related news, EVP Stuart Levey sold 15,000 shares of the business’s stock in a transaction that occurred on Thursday, April 16th. The shares were sold at an average price of $176.19, for a total transaction of $2,642,850.00. Following the completion of the sale, the executive vice president directly owned 3,429 shares in the company, valued at approximately $604,155.51. The trade was a 81.39% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Vice Chairman Jeffrey Henley sold 400,000 shares of the stock in a transaction that occurred on Wednesday, June 24th. The stock was sold at an average price of $159.16, for a total transaction of $63,664,000.00. Following the completion of the transaction, the insider owned 400,000 shares in the company, valued at $63,664,000. The trade was a 50.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 40.90% of the company’s stock.
Institutional Investors Weigh In On Oracle
Several hedge funds and other institutional investors have recently modified their holdings of ORCL. FSA Wealth Management LLC purchased a new position in shares of Oracle during the 3rd quarter valued at about $28,000. Mpwm Advisory Solutions LLC raised its stake in Oracle by 76.9% during the 3rd quarter. Mpwm Advisory Solutions LLC now owns 115 shares of the enterprise software provider’s stock worth $32,000 after acquiring an additional 50 shares during the period. Turning Point Benefit Group Inc. bought a new stake in Oracle during the 3rd quarter worth approximately $35,000. HFM Investment Advisors LLC lifted its holdings in Oracle by 290.9% during the fourth quarter. HFM Investment Advisors LLC now owns 129 shares of the enterprise software provider’s stock valued at $25,000 after purchasing an additional 96 shares in the last quarter. Finally, Basepoint Wealth LLC bought a new position in shares of Oracle in the fourth quarter worth approximately $26,000. 42.44% of the stock is currently owned by hedge funds and other institutional investors.
About Oracle
Oracle Corporation is a multinational technology company that develops and sells database software, cloud engineered systems, enterprise software applications and related services. The company is widely known for its flagship Oracle Database and a portfolio of enterprise-grade software products that support data management, application development, analytics and middleware. Over recent years Oracle has expanded its focus to include cloud infrastructure and cloud applications, positioning itself as a provider of both platform and software-as-a-service solutions for large organizations.
Oracle’s product and service offerings include Oracle Database and the Autonomous Database, Oracle Cloud Infrastructure (OCI), enterprise resource planning (ERP), human capital management (HCM) and supply chain management (SCM) cloud applications (often grouped under Oracle Fusion Cloud Applications), middleware such as WebLogic, and developer technologies including Java and MySQL.
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