Destination Wealth Management Raises Position in Oracle Corporation $ORCL

Destination Wealth Management grew its holdings in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 117.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 13,715 shares of the enterprise software provider's stock after purchasing an additional 7,403 shares during the quarter. Destination Wealth Management's holdings in Oracle were worth $2,673,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the business. Everest Management Corp. lifted its stake in shares of Oracle by 0.9% during the 3rd quarter. Everest Management Corp. now owns 5,265 shares of the enterprise software provider's stock worth $1,481,000 after purchasing an additional 45 shares during the period. Perennial Investment Advisors LLC boosted its holdings in Oracle by 0.5% in the third quarter. Perennial Investment Advisors LLC now owns 9,627 shares of the enterprise software provider's stock valued at $2,708,000 after acquiring an additional 45 shares during the last quarter. Consolidated Portfolio Review Corp boosted its holdings in Oracle by 1.0% in the third quarter. Consolidated Portfolio Review Corp now owns 4,988 shares of the enterprise software provider's stock valued at $1,403,000 after acquiring an additional 50 shares during the last quarter. Mpwm Advisory Solutions LLC boosted its holdings in Oracle by 76.9% in the third quarter. Mpwm Advisory Solutions LLC now owns 115 shares of the enterprise software provider's stock valued at $32,000 after acquiring an additional 50 shares during the last quarter. Finally, Clarion Wealth Managment Partners LLC boosted its holdings in Oracle by 1.5% in the third quarter. Clarion Wealth Managment Partners LLC now owns 3,563 shares of the enterprise software provider's stock valued at $1,002,000 after acquiring an additional 51 shares during the last quarter. Hedge funds and other institutional investors own 42.44% of the company's stock.

Insider Activity

In other news, EVP Stuart Levey sold 15,000 shares of Oracle stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $176.19, for a total transaction of $2,642,850.00. Following the sale, the executive vice president directly owned 3,429 shares of the company's stock, valued at approximately $604,155.51. The trade was a 81.39% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 40.90% of the company's stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on ORCL shares. Oppenheimer lifted their target price on Oracle from $235.00 to $275.00 and gave the company an "outperform" rating in a report on Monday, June 8th. Robert W. Baird reduced their target price on Oracle from $300.00 to $200.00 and set an "outperform" rating on the stock in a report on Tuesday, March 10th. Scotiabank reiterated an "overweight" rating on shares of Oracle in a report on Thursday. Barclays lifted their target price on Oracle from $240.00 to $250.00 and gave the company an "overweight" rating in a report on Thursday. Finally, Evercore reiterated an "outperform" rating and issued a $245.00 target price on shares of Oracle in a report on Monday, June 8th. Three analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $268.27.

Oracle Price Performance

ORCL stock opened at $184.01 on Friday. The company has a debt-to-equity ratio of 2.84, a quick ratio of 1.35 and a current ratio of 1.12. Oracle Corporation has a 1 year low of $134.57 and a 1 year high of $345.72. The firm has a market cap of $529.21 billion, a P/E ratio of 31.56, a price-to-earnings-growth ratio of 1.44 and a beta of 1.65. The stock has a 50-day simple moving average of $184.68 and a 200-day simple moving average of $177.93.

Oracle (NYSE:ORCL - Get Free Report) last posted its earnings results on Wednesday, June 10th. The enterprise software provider reported $2.11 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.96 by $0.15. Oracle had a return on equity of 56.43% and a net margin of 25.37%.The business had revenue of $19.18 billion during the quarter, compared to analyst estimates of $19.10 billion. During the same quarter last year, the firm earned $1.70 earnings per share. The company's revenue for the quarter was up 20.6% compared to the same quarter last year. 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, equities analysts predict that Oracle Corporation will post 6.32 earnings per share for the current fiscal year.

Oracle Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, July 24th. Stockholders of record on Friday, July 10th will be paid a $0.50 dividend. The ex-dividend date is Friday, July 10th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.1%. Oracle's dividend payout ratio (DPR) is 35.91%.

Key Headlines Impacting Oracle

Here are the key news stories impacting Oracle this week:

• Positive Sentiment: Oracle beat fiscal Q4 estimates, with adjusted EPS of $2.11 and revenue of $19.18 billion, while cloud infrastructure revenue jumped 93% year over year and the company cited a record $638 billion remaining performance obligation, signaling strong demand for its AI and cloud services.
• Positive Sentiment: The U.S. Office of Personnel Management awarded Oracle a $395.8 million federal HR modernization contract, expanding Oracle’s government cloud footprint and adding a new revenue stream tied to more than 2 million federal employees. Article Title
• Positive Sentiment: Several recent analyst notes remained bullish, with firms like Guggenheim, Piper Sandler, BMO Capital Markets, and Cantor Fitzgerald reiterating constructive ratings and higher price targets, suggesting Wall Street still sees upside despite the selloff.
• Neutral Sentiment: Zacks noted that the broader earnings revisions trend for 2026 has been improving, especially in Technology, which may support sentiment for Oracle and other software/cloud names.
• Negative Sentiment: Oracle’s stock fell sharply because management said AI-related capital expenditures will be far higher than expected, with FY2027 capex potentially reaching $95 billion and plans to raise about $40 billion more through debt and equity financing, raising concerns about dilution, leverage, and free cash flow.
• Negative Sentiment: Investors also reacted to warnings that margins may step down as Oracle ramps data-center buildout, while a cyber issue in PeopleSoft and reports of active exploitation added a small layer of operational risk. Article Title

Oracle 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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