BTC Capital Management Inc. Has $15.55 Million Position in Oracle Corporation $ORCL

Key Points

• BTC Capital Management Inc. reduced its stake in Oracle Corporation by 4.7%, holding 71,129 shares valued at approximately $15.6 million, making it Oracle's 21st largest position in their portfolio.
• Oracle recently reported earnings per share (EPS) of $1.47, slightly below the consensus estimate, while its revenue increased by 12.2% year-over-year to $14.93 billion.
• Insider trading revealed sales of 78,247 shares valued over $22 million in the last three months, indicating substantial reductions in the positions of both the executive vice president and a director.

BTC Capital Management Inc. cut its stake in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 4.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 71,129 shares of the enterprise software provider's stock after selling 3,492 shares during the period. Oracle makes up approximately 1.3% of BTC Capital Management Inc.'s investment portfolio, making the stock its 21st largest holding. BTC Capital Management Inc.'s holdings in Oracle were worth $15,551,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Nuveen LLC acquired a new position in Oracle in the first quarter valued at about $732,692,000. GAMMA Investing LLC grew its stake in Oracle by 15,012.3% in the first quarter. GAMMA Investing LLC now owns 4,755,096 shares of the enterprise software provider's stock valued at $664,810,000 after acquiring an additional 4,723,631 shares during the period. Vanguard Group Inc. grew its stake in Oracle by 2.2% in the first quarter. Vanguard Group Inc. now owns 160,925,413 shares of the enterprise software provider's stock valued at $22,498,982,000 after acquiring an additional 3,513,464 shares during the period. Kingstone Capital Partners Texas LLC acquired a new position in Oracle in the second quarter valued at about $731,512,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in Oracle by 79.2% in the first 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 acquiring an additional 2,049,687 shares during the period. 42.44% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have issued reports on ORCL shares. Oppenheimer reissued an "outperform" rating on shares of Oracle in a research note on Wednesday, June 18th. Mizuho boosted their price target on Oracle from $300.00 to $350.00 and gave the company an "outperform" rating in a report on Wednesday, September 10th. JMP Securities boosted their price target on Oracle from $315.00 to $342.00 and gave the company a "market outperform" rating in a report on Wednesday, September 10th. Royal Bank Of Canada boosted their price target on Oracle from $145.00 to $195.00 and gave the company a "sector perform" rating in a report on Thursday, June 12th. Finally, Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a $240.00 price target (up from $200.00) on shares of Oracle in a report on Thursday, June 12th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and nine have assigned a Hold rating to the company's stock. According to data from MarketBeat, Oracle currently has a consensus rating of "Moderate Buy" and an average target price of $303.44.

Oracle Stock Performance

Shares of Oracle stock traded up $20.44 on Monday, hitting $329.10. The stock had a trading volume of 44,291,474 shares, compared to its average volume of 14,167,239. Oracle Corporation has a twelve month low of $118.86 and a twelve month high of $345.72. The business's 50 day moving average is $251.63 and its two-hundred day moving average is $195.70. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 3.33. The stock has a market cap of $935.21 billion, a price-to-earnings ratio of 76.18, a price-to-earnings-growth ratio of 3.34 and a beta of 1.46.

Oracle (NYSE:ORCL - Get Free Report) last issued its quarterly earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.48 by ($0.01). Oracle had a return on equity of 72.93% and a net margin of 21.08%.The company had revenue of $14.93 billion for the quarter, compared to analyst estimates of $15.04 billion. During the same period in the prior year, the company earned $1.39 EPS. The company's quarterly 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. Analysts forecast that Oracle Corporation will post 5 EPS for the current year.

Oracle Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Investors of record on Thursday, October 9th will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Thursday, October 9th. Oracle's dividend payout ratio (DPR) is currently 46.30%.

Insider Buying and Selling at Oracle

In related news, insider Michael D. Sicilia sold 16,323 shares of the firm's stock in a transaction on Tuesday, September 16th. The stock was sold at an average price of $313.60, for a total transaction of $5,118,892.80. Following the completion of the transaction, the insider directly owned 110,094 shares of the company's stock, valued at $34,525,478.40. This trade represents a 12.91% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Clayton M. Magouyrk sold 21,241 shares of the firm's stock in a transaction on Friday, September 12th. The stock was sold at an average price of $297.11, for a total value of $6,310,913.51. Following the transaction, the insider directly owned 78,000 shares of the company's stock, valued at approximately $23,174,580. This represents a 21.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 78,247 shares of company stock worth $22,090,505 over the last 90 days. Company insiders own 42.20% of the company's stock.

Oracle Company 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.