12,344 Oracle Corporation $ORCL Shares Purchased by Maryland State Retirement & Pension System

Maryland State Retirement & Pension System grew its position in shares of Oracle Corporation (NYSE:ORCL) by 13.3% in the third quarter, Holdings Channel reports. The firm owned 104,816 shares of the enterprise software provider’s stock after purchasing an additional 12,344 shares during the period. Maryland State Retirement & Pension System’s holdings in Oracle were worth $14,391,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Sherman Asset Management Inc. boosted its stake in Oracle by 5.5% during the first quarter. Sherman Asset Management Inc. now owns 1,054 shares of the enterprise software provider’s stock valued at $155,000 after buying an additional 55 shares during the period. Gould Asset Management LLC CA grew its position in Oracle by 2.0% during the first quarter. Gould Asset Management LLC CA now owns 3,172 shares of the enterprise software provider’s stock worth $467,000 after buying an additional 62 shares in the last quarter. One Charles Private Wealth Services LLC grew its position in Oracle by 1.6% during the first quarter. One Charles Private Wealth Services LLC now owns 3,859 shares of the enterprise software provider’s stock worth $568,000 after buying an additional 62 shares in the last quarter. Main Street Group LTD grew its position in Oracle by 3.9% during the first quarter. Main Street Group LTD now owns 1,662 shares of the enterprise software provider’s stock worth $245,000 after buying an additional 63 shares in the last quarter. Finally, Capstone Financial Advisors Inc. increased its stake in Oracle by 3.6% in the 2nd quarter. Capstone Financial Advisors Inc. now owns 1,809 shares of the enterprise software provider’s stock worth $265,000 after acquiring an additional 63 shares during the last quarter. Institutional investors own 42.44% of the company’s stock.

Analysts Set New Price Targets

Several research firms have weighed in on ORCL. BTIG Research initiated coverage on Oracle in a report on Monday, November 2nd. They issued a “buy” rating on the stock. Citigroup reissued a “market outperform” rating on shares of Oracle in a report on Thursday, October 29th. HC Wainwright initiated coverage on shares of Oracle in a research report on Monday, November 2nd. They issued a “buy” rating on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Oracle in a research note on Friday, October 16th. Finally, Royal Bank Of Canada lowered their target price on shares of Oracle from $190.00 to $165.00 and set a “sector perform” rating on the stock in a research note on Friday, September 11th. One research analyst has rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $249.27.

Oracle Stock Up 8.9%

ORCL opened at $128.46 on Thursday. The stock has a market cap of $388.42 billion, a PE ratio of 20.13, a P/E/G ratio of 0.83 and a beta of 1.79. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 1.89. Oracle Corporation has a 52 week low of $109.21 and a 52 week high of $250.25. The business’s fifty day simple moving average is $137.60 and its 200 day simple moving average is $154.59.

Oracle (NYSE:ORCL) last released its quarterly earnings results on Thursday, September 10th. The enterprise software provider reported $1.92 earnings per share for the quarter, beating analysts’ consensus estimates of $1.74 by $0.18. Oracle had a return on equity of 48.85% and a net margin of 26.36%. The business had revenue of $19.34 billion for the quarter, compared to the consensus estimate of $19.13 billion. During the same quarter last year, the business posted $1.47 earnings per share. The company’s revenue for the quarter was up 29.6% on a year-over-year basis. Oracle has set its Q2 2027 guidance at 1.850-1.930 EPS and its FY 2027 guidance at 8.100-8.100 EPS. As a group, research analysts expect that Oracle Corporation will post 6.71 earnings per share for the current fiscal year.

Oracle Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 23rd. Stockholders of record on Friday, October 9th were given a dividend of $0.50 per share. The ex-dividend date was Friday, October 9th. This represents a $2.00 annualized dividend and a dividend yield of 1.6%. Oracle’s dividend payout ratio is 31.35%.

Insider Activity at Oracle

In related news, CEO Michael Sicilia sold 22,562 shares of the firm’s stock in a transaction dated Tuesday, September 22nd. The stock was sold at an average price of $151.59, for a total transaction of $3,420,173.58. Following the transaction, the chief executive officer directly owned 182,929 shares of the company’s stock, valued at approximately $27,730,207.11. This trade represents a 10.98% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Stephen Rusckowski bought 25,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 29th. The stock was purchased at an average price of $139.35 per share, with a total value of $3,483,750.00. Following the transaction, the director directly owned 25,390 shares in the company, valued at $3,538,096.50. The trade was a 6,410.26% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders have sold 36,075 shares of company stock valued at $5,342,123. Corporate insiders own 38.40% of the company’s stock.

Key Stories Impacting Oracle

These are some of the ORCL stories that stood out recently:

• Positive Sentiment: CoreWeave’s results lifted AI stocks. CoreWeave beat expectations, raised its outlook, and said it would rely less on unsecured borrowing and more on financing such as customer prepayments. This helped reduce worries about AI infrastructure funding that had weighed on Oracle. Why Oracle Stock Is Up Today
• Positive Sentiment: Opower showed a tangible utility use case. Oracle said its software helped utilities reduce peak electricity demand by 1 gigawatt across more than 70 events this year, a product milestone that may support demand for its offerings. Utilities Achieve Record Peak Energy Demand Reduction with Oracle
• Negative Sentiment: Financing and contract risks have not disappeared. Reports cited borrowing costs as high as 8.65% on new notes, while Oracle recently lost a reported Tencent deal and a Microsoft contract. These developments underscore execution and funding risks around its large AI infrastructure investment. Oracle Shares Climb as CoreWeave Funding Reset Eases AI Debt Fears

About Oracle

Oracle Corporation is a technology company that develops and provides database software, cloud services, and enterprise applications. Its products help organizations manage data, run business operations, and build and deploy applications. Oracle’s offerings include Oracle Database, Oracle Cloud Infrastructure, and cloud-based applications for functions such as finance, human resources, supply chain management, and customer experience. The company also provides software support, consulting, and related services.