Fifth Third Wealth Advisors LLC Sells 21,154 Shares of Oracle Corporation $ORCL

Key Points

• Fifth Third Wealth Advisors cut its Oracle stake by 37.4%, selling 21,154 shares and retaining 35,364 shares valued at approximately $4.86 million. Other major institutional investors generally increased their positions, while institutions own 42.44% of Oracle.
• Oracle reported quarterly revenue of $19.34 billion and EPS of $1.92, beating analyst expectations, with revenue up 29.6% year over year. The company also declared a $0.50 quarterly dividend, equivalent to a 1.6% yield.
• Oracle’s AI and cloud growth prospects remain a focus, supported by a $1 billion partner investment, expected TikTok cloud demand and a large backlog, but investors remain concerned about heavy data-center spending, negative free cash flow and elevated borrowing costs. Analysts maintain a “Moderate Buy” consensus with an average target price of $248.75.

Fifth Third Wealth Advisors LLC reduced its stake in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 37.4% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 35,364 shares of the enterprise software provider's stock after selling 21,154 shares during the period. Fifth Third Wealth Advisors LLC's holdings in Oracle were worth $4,856,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Oracle by 0.8% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 14,680,278 shares of the enterprise software provider's stock worth $2,151,395,000 after acquiring an additional 123,294 shares during the period. Bank of New York Mellon Corp increased its stake in Oracle by 3.0% during the 1st quarter. Bank of New York Mellon Corp now owns 13,251,059 shares of the enterprise software provider's stock worth $1,949,363,000 after purchasing an additional 384,984 shares in the last quarter. Amundi boosted its holdings in Oracle by 1.5% during the second quarter. Amundi now owns 9,878,184 shares of the enterprise software provider's stock worth $1,447,648,000 after purchasing an additional 144,087 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Oracle by 1.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 8,586,492 shares of the enterprise software provider's stock worth $1,262,827,000 after purchasing an additional 147,048 shares during the last quarter. Finally, First Eagle Investment Management LLC boosted its holdings in shares of Oracle by 1.0% during the 2nd quarter. First Eagle Investment Management LLC now owns 8,516,878 shares of the enterprise software provider's stock worth $1,248,148,000 after buying an additional 81,700 shares during the period. Institutional investors and hedge funds own 42.44% of the company's stock.

Insider Buying and Selling

In related news, CEO Michael Sicilia sold 22,562 shares of Oracle stock in a transaction on Tuesday, September 22nd. The shares were sold at an average price of $151.59, for a total value of $3,420,173.58. Following the transaction, the chief executive officer directly owned 182,929 shares in the company, valued at $27,730,207.11. This trade represents a 10.98% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Maria Smith sold 2,631 shares of the company's stock in a transaction on Tuesday, September 22nd. The stock was sold at an average price of $151.70, for a total value of $399,122.70. Following the transaction, the executive vice president directly owned 64,357 shares in the company, valued at $9,762,956.90. This represents a 3.93% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 36,075 shares of company stock valued at $5,342,123 over the last three months. 38.40% of the stock is currently owned by company insiders.

Key Stories Impacting Oracle

Here are the key news stories impacting Oracle this week:

• Positive Sentiment: Oracle committed $1 billion over four years to its partner ecosystem, offering incentives, expertise and resources to expand AI-driven modernization projects. The investment could help generate additional cloud demand and broaden Oracle’s sales reach. Oracle Announces $1 Billion Investment to Accelerate Partner Growth and AI-Driven Modernization for Customers
• Positive Sentiment: TikTok’s U.S. operation is seeking multiple gigawatts of computing capacity and said Oracle Cloud Infrastructure will remain its primary U.S. provider. A large, continuing commitment from TikTok would support Oracle’s AI infrastructure utilization and cloud revenue outlook. TikTok U.S. hunts for multiple gigawatts of computing capacity
• Positive Sentiment: Analysts continue to identify significant upside if Oracle converts its roughly $664 billion backlog into revenue and earnings. Cantor Fitzgerald maintained an Overweight rating with a $284 target, while Erste Group modestly raised its FY2028 EPS estimate to $9.32. Could Oracle Actually Achieve 120% Upside?
• Neutral Sentiment: Oracle expanded its Marketplace with broader use of Universal Credits, new co-selling tools and additional purchasing options. The changes should make it easier for partners to sell through Oracle, although the financial impact will depend on adoption. Oracle Expands Marketplace to Unlock New Partner Growth Opportunities
• Neutral Sentiment: Oracle’s October 28 Investor Day is expected to provide more detail on OCI capacity expansion, applications growth, capital spending and financing. The event could be an important catalyst for the stock.
• Negative Sentiment: Investors remain concerned that Oracle is spending heavily on AI data centers while free cash flow is negative and borrowing costs are elevated. Reports that Oracle’s bond yields are approaching 9% have intensified fears that future AI growth may require expensive debt, equity issuance or customer prepayments. Oracle: Bond Yields Near 9%
• Negative Sentiment: Wedbush analyst Dan Ives described the current AI-related selloff as “SaaS Apocalypse 2.0” and said Oracle is in “the toughest spot,” reflecting market anxiety over valuation, execution and the profitability of its AI infrastructure buildout. Dan Ives Calls AI Sell-Off SaaS Apocalypse 2.0

Analysts Set New Price Targets

A number of brokerages have recently commented on ORCL. Jefferies Financial Group reissued a "buy" rating and set a $290.00 price target (down from $320.00) on shares of Oracle in a research note on Thursday, September 10th. Stephens reaffirmed an "equal weight" rating and set a $175.00 price objective on shares of Oracle in a research note on Friday, September 11th. The Goldman Sachs Group dropped their price objective on Oracle from $240.00 to $206.00 and set a "buy" rating for the company in a research note on Friday. Scotiabank decreased their target price on shares of Oracle from $241.00 to $215.00 and set a "sector outperform" rating for the company in a research note on Wednesday, September 9th. Finally, Weiss Ratings reaffirmed a "hold (c)" rating on shares of Oracle in a research report on Friday, October 16th. One investment analyst has rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $248.75.

Oracle Stock Performance

Shares of NYSE ORCL opened at $126.10 on Friday. The company has a debt-to-equity ratio of 1.89, a quick ratio of 1.17 and a current ratio of 1.17. Oracle Corporation has a 1 year low of $114.50 and a 1 year high of $287.19. The company's fifty day moving average price is $143.07 and its 200 day moving average price is $158.06. The company has a market capitalization of $381.31 billion, a PE ratio of 18.46, a price-to-earnings-growth ratio of 0.89 and a beta of 1.78.

Oracle (NYSE:ORCL - Get Free Report) last posted its quarterly earnings results on Thursday, September 10th. The enterprise software provider reported $1.92 EPS for the quarter, beating the consensus estimate of $1.74 by $0.18. The firm had revenue of $19.34 billion during the quarter, compared to analysts' expectations of $19.13 billion. Oracle had a return on equity of 48.85% and a net margin of 26.36%. The business's revenue for the quarter was up 29.6% on a year-over-year basis. During the same quarter last year, the firm earned $1.47 earnings per share. Oracle has set its Q2 2027 guidance at 1.850-1.930 EPS and its FY 2027 guidance at 8.100-8.100 EPS. On average, research analysts predict that Oracle Corporation will post 6.73 earnings per share for the current year.

Oracle Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, October 23rd. Investors of record on Friday, October 9th were issued a dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, October 9th. This represents a $2.00 annualized dividend and a dividend yield of 1.6%. Oracle's dividend payout ratio (DPR) is currently 31.35%.

Oracle Profile

Oracle Corporation NYSE: ORCL is a global technology company that develops enterprise software, cloud infrastructure and database technologies. Its products help organizations store, manage, analyze and secure data, while supporting business operations across industries and geographies.

The company's offerings include Oracle Database, Java, Oracle Cloud Infrastructure and a broad portfolio of cloud-based applications. These applications serve functions such as enterprise resource planning, financial management, human resources, supply-chain management, customer experience and industry-specific operations.

Want to see what other hedge funds are holding ORCL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Oracle Corporation (NYSE:ORCL - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.