Oracle Corporation $ORCL Position Increased by Harvest Portfolios Group Inc.

Key Points

• Harvest Portfolios Group Inc. increased its Oracle stake by 21.4% in the fourth quarter, buying 33,106 more shares and bringing its total to 188,097 shares worth about $36.7 million.
• Oracle continues to attract institutional interest more broadly, with several large investors, including Vanguard and Jennison Associates, adding to positions; overall, about 42.44% of the stock is held by hedge funds and other institutions.
• Oracle recently topped earnings expectations, posting $1.79 EPS on $17.19 billion in revenue, while analysts still rate the stock a Moderate Buy with a consensus price target of $261.46 despite some recent target cuts.

Harvest Portfolios Group Inc. raised its position in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 21.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 188,097 shares of the enterprise software provider's stock after buying an additional 33,106 shares during the quarter. Harvest Portfolios Group Inc.'s holdings in Oracle were worth $36,662,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in ORCL. Jennison Associates LLC lifted its position in shares of Oracle by 2,062.4% in the third quarter. Jennison Associates LLC now owns 9,227,252 shares of the enterprise software provider's stock worth $2,595,072,000 after purchasing an additional 8,800,546 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of Oracle by 3.5% in the fourth 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. American Century Companies Inc. lifted its position in shares of Oracle by 333.7% in the third quarter. American Century Companies Inc. now owns 5,238,006 shares of the enterprise software provider's stock worth $1,473,137,000 after purchasing an additional 4,030,382 shares in the last quarter. Amundi increased its holdings in Oracle by 32.9% in the third quarter. Amundi now owns 9,636,090 shares of the enterprise software provider's stock worth $2,809,609,000 after buying an additional 2,385,556 shares during the last quarter. Finally, SG Americas Securities LLC increased its holdings in Oracle by 921.6% in the fourth quarter. SG Americas Securities LLC now owns 2,311,815 shares of the enterprise software provider's stock worth $450,596,000 after buying an additional 2,085,514 shares during the last quarter. 42.44% of the stock is owned by hedge funds and other institutional investors.

Oracle News Summary

Here are the key news stories impacting Oracle this week:

• Positive Sentiment: Oracle’s defense AI business is expanding, including new U.S. Department of Defense work and an $88 million Air Force cloud modernization contract through 2028, which adds to the company’s growing backlog in secure AI and cloud infrastructure. Oracle’s Expanding Defense AI Role And What It Could Mean For Investors
• Positive Sentiment: Analysts continue to view Oracle as a potential AI infrastructure beneficiary, with some noting meaningful upside as hyperscalers and enterprise customers keep investing in AI and quantum-related infrastructure. 2 Quantum Hyperscaler Stocks With 30% Price Target to Watch in May
• Positive Sentiment: A new market report highlights strong long-term demand for behavioral and mental health software, a healthcare IT category that can support Oracle’s broader cloud and enterprise software ecosystem. Global Behavioral and Mental Health Software Market Size/Share Worth USD 11.9 Billion by 2035

Wall Street Analysts Forecast Growth

A number of research firms recently commented on ORCL. Melius Research set a $160.00 price objective on Oracle in a report on Monday, February 9th. Stifel Nicolaus dropped their price objective on Oracle from $275.00 to $220.00 and set a "buy" rating on the stock in a report on Wednesday, March 11th. Scotiabank dropped their price objective on Oracle from $220.00 to $215.00 and set a "sector outperform" rating on the stock in a report on Monday, March 9th. Royal Bank Of Canada restated a "sector perform" rating and issued a $160.00 price objective on shares of Oracle in a report on Wednesday, March 11th. Finally, Barclays dropped their price objective on Oracle from $310.00 to $230.00 and set an "overweight" rating on the stock in a report on Monday, March 9th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, Oracle has an average rating of "Moderate Buy" and a consensus target price of $261.46.

Oracle Trading Down 2.8%

Shares of ORCL stock opened at $181.36 on Wednesday. Oracle Corporation has a 12 month low of $134.57 and a 12 month high of $345.72. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 3.66. The business's 50 day moving average is $164.17 and its two-hundred day moving average is $180.90. The company has a market cap of $521.61 billion, a PE ratio of 32.56, a price-to-earnings-growth ratio of 1.78 and a beta of 1.55.

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

Oracle Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, April 24th. Shareholders of record on Thursday, April 9th were issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 1.1%. The ex-dividend date was Thursday, April 9th. Oracle's dividend payout ratio (DPR) is 35.91%.

Insider Buying and Selling

In other Oracle news, EVP Stuart Levey sold 15,000 shares of the stock in a transaction that occurred on 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 transaction, the executive vice president owned 3,429 shares in the company, valued at $604,155.51. This trade represents a 81.39% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 40.90% of the stock is currently owned by company insiders.

About Oracle

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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