Citizens Financial Group Inc. RI Has $22.99 Million Holdings in Oracle Corporation $ORCL

Key Points

• Citizens Financial Group Inc. RI reduced its Oracle stake by 6.2% in the first quarter, selling 10,280 shares and leaving it with 156,288 shares valued at about $22.99 million.
• Oracle’s recent performance remains mixed: shares fell to $140.69, but the company topped quarterly EPS and revenue estimates and reported 20.6% year-over-year revenue growth.
• Wall Street remains broadly positive on Oracle with a “Moderate Buy” consensus and an average price target of $268.27, even as concerns persist about debt, AI-related spending, and a credit-rating cut by S&P Global.

Citizens Financial Group Inc. RI lessened its stake in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 6.2% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 156,288 shares of the enterprise software provider's stock after selling 10,280 shares during the quarter. Citizens Financial Group Inc. RI's holdings in Oracle were worth $22,992,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Norges Bank bought a new stake in Oracle during the fourth quarter valued at about $4,336,031,000. Capital Research Global Investors increased its stake in shares of Oracle by 29.3% in the fourth quarter. Capital Research Global Investors now owns 30,137,126 shares of the enterprise software provider's stock worth $5,874,070,000 after purchasing an additional 6,826,299 shares during the period. Vanguard Group Inc. lifted its position in shares of Oracle by 3.5% during the 4th quarter. Vanguard Group Inc. now owns 174,802,084 shares of the enterprise software provider's stock worth $34,070,674,000 after purchasing an additional 5,841,584 shares during the last quarter. Cardano Risk Management B.V. boosted its stake in Oracle by 882.3% during the 4th quarter. Cardano Risk Management B.V. now owns 4,991,010 shares of the enterprise software provider's stock valued at $972,798,000 after purchasing an additional 4,482,934 shares during the period. Finally, FIL Ltd grew its holdings in Oracle by 1,605.7% in the 4th quarter. FIL Ltd now owns 3,976,441 shares of the enterprise software provider's stock valued at $775,048,000 after buying an additional 3,743,314 shares during the last quarter. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Key Oracle News

Here are the key news stories impacting Oracle this week:

• Positive Sentiment: Oracle’s record AI backlog, stronger fiscal 2027 outlook, and expanding cloud businesses are being highlighted as reasons long-term investors may want to hold the stock despite the recent selloff. Article Title
• Positive Sentiment: Bernstein reiterated support for Oracle, and several articles point to Oracle’s massive cloud backlog and AI-related demand as evidence that the company still has meaningful growth potential. Article Title
• Neutral Sentiment: Oracle announced new partnerships and innovation initiatives, including IMSA Labs and a racing-focused cloud studio, which expand its cloud ecosystem but are not yet material enough to move the stock on their own. Article Title
• Negative Sentiment: S&P Global cut Oracle’s credit rating closer to junk, reinforcing worries about the company’s large debt burden and financing needs for its AI infrastructure buildout. Article Title
• Negative Sentiment: Recent commentary suggests Oracle may be facing concentration risk in its backlog and investor concern over the scale of spending required to support AI growth, which is keeping pressure on the shares. Article Title

Oracle Price Performance

Shares of ORCL stock traded down $3.53 during trading hours on Friday, hitting $140.69. The company had a trading volume of 29,697,993 shares, compared to its average volume of 29,851,610. Oracle Corporation has a 12 month low of $134.57 and a 12 month high of $345.72. The company has a debt-to-equity ratio of 3.21, a quick ratio of 1.12 and a current ratio of 1.12. The firm's fifty day moving average is $183.07 and its 200 day moving average is $171.86. The firm has a market capitalization of $405.24 billion, a price-to-earnings ratio of 24.13, a PEG ratio of 0.88 and a beta of 1.72.

Oracle (NYSE:ORCL - Get Free Report) last announced its quarterly earnings results on Wednesday, June 10th. The enterprise software provider reported $2.11 EPS for the quarter, beating the consensus estimate of $1.96 by $0.15. The business had revenue of $19.18 billion for the quarter, compared to analyst estimates of $19.10 billion. Oracle had a return on equity of 58.62% and a net margin of 25.37%.Oracle's quarterly revenue was up 20.6% on a year-over-year basis. During the same quarter in the previous 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. On average, sell-side analysts predict that Oracle Corporation will post 6.47 EPS for the current fiscal year.

Oracle Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, July 24th. Shareholders of record on Friday, July 10th will be given a $0.50 dividend. The ex-dividend date is Friday, July 10th. This represents a $2.00 dividend on an annualized basis and a yield of 1.4%. Oracle's payout ratio is 34.31%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on ORCL shares. Barclays upped their price target on Oracle from $240.00 to $250.00 and gave the stock an "overweight" rating in a report on Thursday, June 11th. Scotiabank reaffirmed an "overweight" rating on shares of Oracle in a research report on Thursday, June 11th. Oppenheimer increased their target price on shares of Oracle from $235.00 to $275.00 and gave the company an "outperform" rating in a research note on Monday, June 8th. TD Cowen lifted their target price on Oracle from $250.00 to $300.00 and gave the stock a "buy" rating in a research report on Monday, June 8th. Finally, Wedbush lowered their price target on Oracle from $275.00 to $240.00 and set an "outperform" rating on the stock in a research note on Thursday, June 11th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $268.27.

Insider Transactions at Oracle

In other Oracle news, Vice Chairman Jeffrey Henley sold 400,000 shares of the company's stock in a transaction dated Wednesday, June 24th. The shares were sold at an average price of $159.16, for a total transaction of $63,664,000.00. Following the sale, the insider directly owned 400,000 shares of the company's stock, valued at approximately $63,664,000. This represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Stuart Levey sold 15,000 shares of Oracle 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 transaction, the executive vice president owned 3,429 shares of the company's stock, valued at $604,155.51. This trade represents a 81.39% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 40.90% of the stock is owned by insiders.

Oracle Company Profile

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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