TIAA Trust National Association Has $48.68 Million Position in Oracle Corporation $ORCL

TIAA Trust National Association cut its stake in Oracle Corporation (NYSE:ORCL) by 7.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 222,687 shares of the enterprise software provider’s stock after selling 18,034 shares during the quarter. TIAA Trust National Association’s holdings in Oracle were worth $48,683,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Iron Horse Wealth Management LLC raised its holdings in Oracle by 284.9% in the 1st quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider’s stock valued at $29,000 after acquiring an additional 151 shares during the period. LGT Financial Advisors LLC acquired a new position in shares of Oracle in the second quarter valued at approximately $33,000. Legend Financial Advisors Inc. bought a new position in shares of Oracle during the second quarter worth approximately $34,000. HighMark Wealth Management LLC bought a new position in shares of Oracle during the second quarter worth approximately $38,000. Finally, Graybill Wealth Management LTD. acquired a new stake in Oracle during the 1st quarter worth approximately $39,000. Institutional investors own 42.44% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. Stifel Nicolaus upped their price objective on Oracle from $250.00 to $350.00 and gave the company a “buy” rating in a report on Wednesday, September 10th. Rothschild & Co Redburn began coverage on shares of Oracle in a research report on Thursday, September 25th. They set a “sell” rating and a $175.00 price target on the stock. Wolfe Research lifted their price objective on shares of Oracle from $300.00 to $400.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 10th. William Blair restated an “outperform” rating on shares of Oracle in a research report on Friday, October 17th. Finally, Citigroup reaffirmed a “buy” rating on shares of Oracle in a report on Friday, October 10th. Three 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 company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $323.69.

Insider Buying and Selling at Oracle

In related news, EVP Maria Smith sold 5,000 shares of the firm’s stock in a transaction dated Thursday, October 23rd. The stock was sold at an average price of $280.62, for a total value of $1,403,100.00. Following the sale, the executive vice president directly owned 47,083 shares of the company’s stock, valued at $13,212,431.46. This trade represents a 9.60% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Stuart Levey sold 19,758 shares of Oracle stock in a transaction dated Friday, October 10th. The shares were sold at an average price of $300.00, for a total value of $5,927,400.00. Following the completion of the transaction, the executive vice president owned 18,429 shares in the company, valued at approximately $5,528,700. This represents a 51.74% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 220,134 shares of company stock worth $64,268,949 over the last quarter. 40.90% of the stock is currently owned by company insiders.

Oracle Stock Performance

NYSE ORCL opened at $262.60 on Friday. 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 firm has a market capitalization of $748.62 billion, a price-to-earnings ratio of 60.79, a P/E/G ratio of 2.96 and a beta of 1.53. The firm’s 50 day simple moving average is $277.97 and its 200 day simple moving average is $226.38. Oracle Corporation has a 1 year low of $118.86 and a 1 year high of $345.72.

Oracle (NYSE:ORCL) last announced its quarterly earnings data on Tuesday, September 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing the consensus estimate 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 for the quarter, compared to analyst estimates of $15.04 billion. During the same quarter in the prior year, the firm earned $1.39 earnings per share. The firm’s revenue for the quarter was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, research analysts expect that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 23rd. Stockholders 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 dividend yield of 0.8%. Oracle’s payout ratio is 46.30%.

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.