Oracle Corporation $ORCL Shares Purchased by State of Michigan Retirement System

State of Michigan Retirement System raised its stake in shares of Oracle Corporation (NYSE:ORCL) by 0.5% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 442,232 shares of the enterprise software provider’s stock after buying an additional 2,100 shares during the quarter. Oracle comprises about 0.5% of State of Michigan Retirement System’s investment portfolio, making the stock its 29th biggest position. State of Michigan Retirement System’s holdings in Oracle were worth $96,685,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of ORCL. Nuveen LLC acquired a new stake in Oracle during the 1st quarter valued at $732,692,000. Vanguard Group Inc. grew its holdings in Oracle by 2.2% during the 1st quarter. Vanguard Group Inc. now owns 160,925,413 shares of the enterprise software provider’s stock valued at $22,498,982,000 after buying an additional 3,513,464 shares during the last quarter. Kingstone Capital Partners Texas LLC acquired a new stake in Oracle during the 2nd quarter valued at $731,512,000. Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in Oracle by 79.2% during the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 4,638,951 shares of the enterprise software provider’s stock valued at $648,572,000 after buying an additional 2,049,687 shares during the last quarter. Finally, Assenagon Asset Management S.A. boosted its holdings in shares of 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 purchasing an additional 1,894,157 shares during the last quarter. Institutional investors and hedge funds own 42.44% of the company’s stock.

Oracle Price Performance

Shares of Oracle stock opened at $262.60 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 capitalization of $748.62 billion, a P/E ratio of 60.79, a PEG ratio of 2.96 and a beta of 1.53. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.33. The business’s fifty day moving average price is $277.97 and its 200 day moving average price is $226.38.

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). Oracle had a net margin of 21.08% and a return on equity of 72.93%. The firm had revenue of $14.93 billion during the quarter, compared to analyst estimates of $15.04 billion. During the same quarter in the previous year, the business posted $1.39 EPS. Oracle’s revenue was up 12.2% compared to the same quarter last year. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, research analysts anticipate that Oracle Corporation will post 5 earnings per share for the current 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 given a $0.50 dividend. The ex-dividend date of this dividend was Thursday, October 9th. This represents a $2.00 annualized dividend and a yield of 0.8%. Oracle’s dividend payout ratio (DPR) is 46.30%.

Insider Buying and Selling

In other Oracle news, insider Michael D. Sicilia sold 33,845 shares of the firm’s stock in a transaction dated Tuesday, September 23rd. The stock was sold at an average price of $321.16, for a total value of $10,869,660.20. Following the transaction, the insider directly owned 132,656 shares of the company’s stock, valued at $42,603,800.96. This trade represents a 20.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Clayton M. Magouyrk sold 40,000 shares of the firm’s stock in a transaction dated Tuesday, October 21st. The shares were sold at an average price of $276.64, for a total value of $11,065,600.00. Following the completion of the transaction, the chief executive officer directly owned 154,030 shares in the company, valued at $42,610,859.20. This trade represents a 20.62% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 220,134 shares of company stock valued at $64,268,949 over the last ninety days. Insiders own 40.90% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the company. Barclays raised their price objective on Oracle from $367.00 to $400.00 and gave the stock an “overweight” rating in a report on Friday, October 17th. Rothschild & Co Redburn assumed coverage on Oracle in a report on Thursday, September 25th. They set a “sell” rating and a $175.00 price objective on the stock. TD Cowen raised their price objective on Oracle from $325.00 to $375.00 and gave the stock a “buy” rating in a report on Wednesday, September 10th. Scotiabank raised their price objective on Oracle from $350.00 to $360.00 and gave the stock an “outperform” rating in a report on Friday, October 17th. Finally, The Goldman Sachs Group restated a “neutral” rating and set a $320.00 price objective on shares of Oracle in a report on Monday, October 20th. Three research analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $323.69.

About Oracle

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.