Meridian Wealth Management LLC Raises Position in Oracle Corporation $ORCL

Key Points

• Meridian Wealth Management increased its Oracle stake by 19.3% in the fourth quarter, buying 9,770 additional shares and bringing its total holding to 60,482 shares valued at about $11.8 million.
• Oracle shares were down 1.1% in recent trading, but the company has delivered better-than-expected earnings and revenue, with quarterly EPS of $1.79 versus $1.71 expected and revenue up 21.7% year over year.
• Analysts remain generally bullish overall, with a Moderate Buy consensus and an average price target of $259.43, even though some firms recently trimmed targets or downgraded the stock.

Meridian Wealth Management LLC raised its stake in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 19.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 60,482 shares of the enterprise software provider's stock after purchasing an additional 9,770 shares during the quarter. Meridian Wealth Management LLC's holdings in Oracle were worth $11,789,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of the stock. Vanguard Group Inc. boosted its holdings in shares of Oracle by 3.5% in 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 in the last quarter. Capital Research Global Investors boosted its holdings in shares of Oracle by 1.2% in the 3rd quarter. Capital Research Global Investors now owns 23,310,827 shares of the enterprise software provider's stock worth $6,555,961,000 after purchasing an additional 266,588 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Oracle by 0.8% during the 3rd quarter. Bank of New York Mellon Corp now owns 11,938,457 shares of the enterprise software provider's stock valued at $3,357,572,000 after purchasing an additional 98,693 shares during the last quarter. Legal & General Group Plc grew its holdings in shares of Oracle by 3.4% during the 3rd quarter. Legal & General Group Plc now owns 11,696,752 shares of the enterprise software provider's stock valued at $3,289,595,000 after purchasing an additional 381,572 shares during the last quarter. Finally, Invesco Ltd. increased its stake in Oracle by 16.6% in the 3rd quarter. Invesco Ltd. now owns 10,303,992 shares of the enterprise software provider's stock worth $2,897,895,000 after purchasing an additional 1,464,826 shares during the period. 42.44% of the stock is currently owned by institutional investors.

Oracle Trading Down 1.1%

Shares of NYSE ORCL opened at $193.86 on Tuesday. The firm's 50 day moving average price is $159.58 and its 200-day moving average price is $184.71. The company has a market cap of $557.56 billion, a PE ratio of 34.80, a P/E/G ratio of 1.87 and a beta of 1.55. Oracle Corporation has a 52-week low of $134.57 and a 52-week high of $345.72. The company has a debt-to-equity ratio of 3.66, a quick ratio of 1.35 and a current ratio of 1.35.

Oracle (NYSE:ORCL - Get Free Report) last posted its quarterly earnings results on Tuesday, March 10th. The enterprise software provider reported $1.79 earnings per share for the quarter, topping the consensus estimate of $1.71 by $0.08. The firm had revenue of $17.19 billion during the quarter, compared to analysts' expectations of $16.91 billion. Oracle had a return on equity of 62.70% and a net margin of 25.30%.The company's revenue was up 21.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.47 earnings per share. Oracle has set its Q4 2026 guidance at 1.960-2.000 EPS. On average, equities research analysts expect that Oracle Corporation will post 6.08 EPS for the current fiscal year.

Oracle Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, April 24th. Investors of record on Thursday, April 9th were given a dividend of $0.50 per share. The ex-dividend date was Thursday, April 9th. This represents a $2.00 annualized dividend and a yield of 1.0%. Oracle's payout ratio is 35.91%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. Melius Research set a $160.00 price objective on shares of Oracle in a research note on Monday, February 9th. Mizuho lowered their price objective on shares of Oracle from $400.00 to $320.00 and set an "outperform" rating for the company in a research note on Monday, March 16th. Weiss Ratings downgraded shares of Oracle from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Friday, January 23rd. UBS Group reaffirmed a "buy" rating on shares of Oracle in a research note on Monday, February 2nd. Finally, Morgan Stanley dropped their price target on Oracle from $213.00 to $207.00 and set an "equal weight" rating for the company in a research note on Thursday, April 23rd. Three research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $259.43.

Key Headlines Impacting Oracle

Here are the key news stories impacting Oracle this week:

• Positive Sentiment: Oracle is expanding AI-powered recruiting tools through an integration of Eightfold AI Interviewer into Oracle Fusion Cloud Recruiting, which could strengthen its HR software suite and support longer-term cloud revenue growth. Big Tech Keeps Piling On AI Debt. Spending Is Set to Soar.
• Positive Sentiment: SoftBank’s reported plans for a major AI infrastructure push in France add another signal that large-scale AI data-center spending remains strong, which is supportive for Oracle’s cloud and infrastructure opportunity, especially given its existing Stargate partnership with OpenAI and SoftBank. SoftBank Eyes $100 Billion France AI Push
• Positive Sentiment: Market commentary that Nvidia has added an Oracle’s worth of market cap in just four trading days underscores how much investor enthusiasm remains concentrated in AI infrastructure, a backdrop that can keep sentiment around Oracle constructive even when the stock pauses. Nvidia has added an Oracle’s worth of market cap in just four trading days
• Neutral Sentiment: Several market recaps note that Oracle has slipped while the broader market and tech sector moved higher, suggesting the decline may reflect short-term profit-taking after a steep AI rally rather than a company-specific setback. Oracle (ORCL) Stock Slides as Market Rises: Facts to Know Before You Trade

Insiders Place Their Bets

In other Oracle news, EVP Stuart Levey sold 15,000 shares of the company's stock in a transaction that occurred on Thursday, April 16th. The shares were sold at an average price of $176.19, for a total value of $2,642,850.00. Following the completion of the transaction, the executive vice president directly owned 3,429 shares in the company, valued at $604,155.51. This represents a 81.39% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available 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.

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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