Oracle Corporation $ORCL Stock Bought by Provenance Wealth Advisors LLC

Key Points

• Provenance Wealth Advisors increased its Oracle stake by 1,203.5% in the third quarter, adding 20,712 shares to hold 22,433 shares worth about $3.08 million.
• Oracle reported quarterly earnings of $1.92 per share and revenue of $19.34 billion, beating analysts’ estimates; revenue rose 29.6% year over year.
• Oracle’s $20 billion stock-and-debt financing supports its AI infrastructure expansion but raises concerns about shareholder dilution, borrowing costs and whether the investment will translate into future revenue and cash flow.

Provenance Wealth Advisors LLC boosted its stake in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 1,203.5% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 22,433 shares of the enterprise software provider's stock after acquiring an additional 20,712 shares during the quarter. Provenance Wealth Advisors LLC's holdings in Oracle were worth $3,080,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Lyell Wealth Management LP increased its position in Oracle by 7.0% during the third quarter. Lyell Wealth Management LP now owns 5,008 shares of the enterprise software provider's stock valued at $688,000 after acquiring an additional 326 shares during the last quarter. Associated Banc Corp purchased a new stake in shares of Oracle in the third quarter valued at $900,000. Putney Financial Group LLC purchased a new stake in shares of Oracle in the third quarter valued at $120,000. Integrity Advisory Solutions LLC lifted its holdings in shares of Oracle by 7.5% in the 3rd quarter. Integrity Advisory Solutions LLC now owns 4,625 shares of the enterprise software provider's stock worth $635,000 after acquiring an additional 322 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund lifted its holdings in shares of Oracle by 1.8% in the 3rd quarter. Oregon Public Employees Retirement Fund now owns 212,472 shares of the enterprise software provider's stock worth $29,172,000 after acquiring an additional 3,858 shares during the last quarter. 42.44% of the stock is currently owned by hedge funds and other institutional investors.

Oracle Trading Up 5.8%

NYSE:ORCL opened at $126.14 on Wednesday. The firm has a 50-day simple moving average of $140.93 and a 200-day simple moving average of $156.43. Oracle Corporation has a one year low of $114.50 and a one year high of $255.28. The firm has a market cap of $381.41 billion, a P/E ratio of 19.77, a P/E/G ratio of 0.83 and a beta of 1.79. 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 (NYSE:ORCL - Get Free Report) last posted its earnings results on Thursday, September 10th. The enterprise software provider reported $1.92 earnings per share for the quarter, topping analysts' consensus estimates of $1.74 by $0.18. The company had revenue of $19.34 billion during the quarter, compared to analyst estimates of $19.13 billion. Oracle had a return on equity of 48.85% and a net margin of 26.36%. Oracle's revenue was up 29.6% on a year-over-year basis. During the same quarter in the prior year, the business 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. Equities analysts anticipate that Oracle Corporation will post 6.72 EPS for the current fiscal year.

Oracle Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, October 23rd. Stockholders of record on Friday, October 9th were paid a dividend of $0.50 per share. The ex-dividend date was Friday, October 9th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.6%. Oracle's payout ratio is presently 31.35%.

Trending Headlines about Oracle

Here are the key news stories impacting Oracle this week:

• Positive Sentiment: Oracle priced $10 billion of new shares at $116 each and $10 billion of notes, completing the funding amount it had indicated it could raise. Baird said the financing was “exactly what they previewed,” helping investors view the announcement as execution of an existing plan rather than a new funding surprise. Oracle rebounds as Baird comments on the $20 billion raise
• Positive Sentiment: Some analysts see the pullback as an opportunity: Oracle was upgraded by Stephens to Overweight, with a $213 price target, while a Seeking Alpha contributor also upgraded the stock to Buy. The bullish view cites Oracle’s growth targets and management’s forecast for free cash flow to turn positive in the second half of fiscal 2028. Stephens upgrades Oracle
• Neutral Sentiment: The capital raise supports Oracle’s substantial AI infrastructure buildout and clarifies the near-term funding plan. However, the company’s longer-term growth targets depend on converting that investment into revenue and cash flow. Oracle recovery and growth outlook
• Negative Sentiment: The offering remains a significant investor concern. Issuing 86.2 million shares at a discount dilutes existing shareholders, while the notes carry high interest rates, adding to financing costs. Oracle’s substantial debt and heavy AI spending have renewed questions about how quickly the investment will pay off. Oracle announces pricing of stock and senior notes

Insider Transactions at Oracle

In other news, CEO Michael D. Sicilia sold 22,562 shares of the stock in a transaction dated Tuesday, September 22nd. The stock was 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 of the company's stock, valued at approximately $27,730,207.11. This represents a 10.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Stephen H. Rusckowski purchased 25,000 shares of the business's stock in a transaction that occurred on Tuesday, September 29th. The stock was acquired at an average price of $139.35 per share, for a total transaction of $3,483,750.00. Following the acquisition, the director owned 25,390 shares in the company, valued at $3,538,096.50. This trade represents a 6,410.26% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last 90 days, insiders have sold 36,075 shares of company stock worth $5,342,123. Insiders own 38.40% of the company's stock.

Analyst Ratings Changes

A number of analysts recently weighed in on ORCL shares. Citigroup reissued a "market outperform" rating on shares of Oracle in a research report on Thursday, October 29th. Morgan Stanley downgraded shares of Oracle from a "positive" rating to an "underweight" rating in a research note on Monday. DZ Bank reaffirmed a "buy" rating on shares of Oracle in a research note on Thursday, September 17th. Jefferies Financial Group reiterated a "buy" rating and issued a $290.00 price target (down from $320.00) on shares of Oracle in a report on Thursday, September 10th. Finally, Stifel Nicolaus decreased their price target on Oracle from $220.00 to $200.00 and set a "buy" rating for the company in a research note on Friday, September 11th. One investment analyst has rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating, six have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, Oracle has a consensus rating of "Moderate Buy" and an average target price of $249.27.

Oracle Company 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.

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