Oracle Corporation $ORCL Shares Sold by Mutual of America Capital Management LLC

Key Points

• Mutual of America Capital Management LLC reduced its stake in Oracle Corporation by 1.1%, now holding 186,498 shares valued at approximately $40.77 million.
• During the 2nd quarter, several institutional investors increased their positions in Oracle, with Nuveen LLC purchasing shares worth about $732.69 million, indicating strong institutional interest.
• Oracle's recent quarterly earnings report revealed an EPS of $1.47, slightly missing analysts' expectations, while the company has also set a quarterly dividend of $0.50, reflecting a dividend yield of 0.7%.

Mutual of America Capital Management LLC reduced its holdings in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 1.1% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 186,498 shares of the enterprise software provider's stock after selling 2,126 shares during the quarter. Oracle makes up 0.4% of Mutual of America Capital Management LLC's investment portfolio, making the stock its 23rd biggest holding. Mutual of America Capital Management LLC's holdings in Oracle were worth $40,774,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in ORCL. Nuveen LLC purchased a new stake in shares of Oracle in the 1st quarter valued at about $732,692,000. Vanguard Group Inc. lifted its holdings in shares of Oracle by 2.2% in the 1st quarter. Vanguard Group Inc. now owns 160,925,413 shares of the enterprise software provider's stock valued at $22,498,982,000 after purchasing an additional 3,513,464 shares during the last quarter. Kingstone Capital Partners Texas LLC purchased a new stake in shares of Oracle in the 2nd quarter valued at about $731,512,000. Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in shares of Oracle by 79.2% in the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 4,638,951 shares of the enterprise software provider's stock valued at $648,572,000 after purchasing an additional 2,049,687 shares during the last quarter. Finally, Assenagon Asset Management S.A. lifted its holdings in shares of Oracle by 840.7% in the 2nd quarter. Assenagon Asset Management S.A. now owns 2,119,473 shares of the enterprise software provider's stock valued at $463,380,000 after purchasing an additional 1,894,157 shares during the last quarter. 42.44% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on ORCL shares. BNP Paribas set a $377.00 target price on Oracle in a research note on Wednesday, September 10th. Cowen reissued a "buy" rating on shares of Oracle in a report on Friday. BMO Capital Markets set a $355.00 target price on Oracle and gave the company an "outperform" rating in a report on Monday, October 13th. Rothschild & Co Redburn initiated coverage on Oracle in a report on Thursday, September 25th. They issued a "sell" rating and a $175.00 target price on the stock. Finally, DA Davidson boosted their target price on Oracle from $220.00 to $300.00 and gave the company a "neutral" rating in a report on Wednesday, September 10th. Three analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat, Oracle has an average rating of "Moderate Buy" and a consensus price target of $323.40.

Oracle Stock Performance

Shares of ORCL stock opened at $291.95 on Friday. The company has a market cap of $832.28 billion, a price-to-earnings ratio of 67.58, a price-to-earnings-growth ratio of 3.13 and a beta of 1.53. The stock has a 50 day simple moving average of $271.71 and a 200-day simple moving average of $215.85. Oracle Corporation has a 12-month low of $118.86 and a 12-month high of $345.72. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.33.

Oracle (NYSE:ORCL - Get Free Report) last released its quarterly earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share for the quarter, missing analysts' consensus estimates of $1.48 by ($0.01). The firm had revenue of $14.93 billion during the quarter, compared to analyst estimates of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.The business's revenue was up 12.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, equities analysts forecast that Oracle Corporation will post 5 EPS for the current year.

Oracle Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 23rd. Investors of record on Thursday, October 9th will be issued a $0.50 dividend. The ex-dividend date is Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.7%. Oracle's dividend payout ratio is currently 46.30%.

Insiders Place Their Bets

In related news, Director Naomi O. Seligman sold 2,222 shares of the company's stock in a transaction that occurred on Friday, September 26th. The stock was sold at an average price of $288.91, for a total value of $641,958.02. Following the sale, the director owned 29,225 shares in the company, valued at $8,443,394.75. This represents a 7.07% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director William G. Parrett sold 11,500 shares of the company's stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $306.00, for a total value of $3,519,000.00. Following the completion of the sale, the director owned 17,764 shares in the company, valued at approximately $5,435,784. This represents a 39.30% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 120,769 shares of company stock worth $36,428,967. 40.90% of the stock is owned by insiders.

Oracle Profile

Oracle Corporation offers products and services that address enterprise information technology environments worldwide. Its Oracle cloud software as a service offering include various cloud software applications, including Oracle Fusion cloud enterprise resource planning (ERP), Oracle Fusion cloud enterprise performance management, Oracle Fusion cloud supply chain and manufacturing management, Oracle Fusion cloud human capital management, Oracle Cerner healthcare, Oracle Advertising, and NetSuite applications suite, as well as Oracle Fusion Sales, Service, and Marketing.

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