Oracle Corporation $ORCL Stock: Confluence Wealth Services Inc. Raises Holdings

Key Points

• Confluence Wealth Services increased its Oracle stake by 26.6% in the third quarter, adding 9,506 shares to hold 45,268 shares valued at about $6.2 million. Institutional investors and hedge funds collectively owned 42.44% of Oracle stock.
• Oracle beat quarterly earnings and revenue expectations, reporting EPS of $1.92 and revenue of $19.34 billion; revenue rose 29.6% year over year.
• Oracle’s AI and cloud growth outlook faces concerns over reported lost or winding-down customer deals, reliance on a concentrated AI backlog, and the debt and execution risks tied to data-center spending.

Confluence Wealth Services Inc. lifted its stake in Oracle Corporation (NYSE:ORCL - Free Report) by 26.6% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 45,268 shares of the enterprise software provider's stock after purchasing an additional 9,506 shares during the quarter. Confluence Wealth Services Inc.'s holdings in Oracle were worth $6,215,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in ORCL. AMG National Trust Bank grew its holdings in shares of Oracle by 4.6% during the 3rd quarter. AMG National Trust Bank now owns 40,821 shares of the enterprise software provider's stock valued at $5,605,000 after acquiring an additional 1,807 shares in the last quarter. Mesirow Financial Investment Management Inc. raised its holdings in shares of Oracle by 0.5% during the third quarter. Mesirow Financial Investment Management Inc. now owns 118,393 shares of the enterprise software provider's stock worth $16,255,000 after acquiring an additional 571 shares in the last quarter. Woodley Farra Manion Portfolio Management Inc. purchased a new stake in shares of Oracle during the third quarter worth $210,000. Triton Wealth Management PLLC raised its holdings in shares of Oracle by 70.3% during the third quarter. Triton Wealth Management PLLC now owns 10,557 shares of the enterprise software provider's stock worth $1,326,000 after acquiring an additional 4,358 shares in the last quarter. Finally, Csenge Advisory Group boosted its position in Oracle by 4.9% during the third quarter. Csenge Advisory Group now owns 6,254 shares of the enterprise software provider's stock valued at $859,000 after purchasing an additional 292 shares during the last quarter. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Oracle

Here are the key news stories impacting Oracle this week:

• Positive Sentiment: Oracle broke ground on its future Nashville global headquarters, a long-term investment intended to support growth in cloud, AI and healthcare and create thousands of jobs. Oracle Nashville headquarters announcement
• Positive Sentiment: The company launched AI-assisted treasury and customer analytics applications for financial institutions, adding to its cloud and AI product offerings. Oracle financial analytics announcement
• Neutral Sentiment: Oracle says renewed rentals of older GPUs were priced at a premium, suggesting some continued demand for its existing AI capacity; however, this does not offset uncertainty around specific customer contracts. Report on GPU renewals and Microsoft
• Negative Sentiment: Reports said Oracle lost an estimated $7 billion Tencent chip-leasing deal and that Microsoft is winding down an AI-computing arrangement, reportedly because Oracle’s older Nvidia chips no longer meet Microsoft’s requirements. These developments raise questions about infrastructure demand and Oracle’s ability to secure customers for its planned capacity. Report on Tencent and Microsoft contracts
• Negative Sentiment: Commentary highlighted concentration and financing risks: Oracle’s AI backlog is said to rely heavily on OpenAI, while its aggressive data-center spending increases exposure to debt, project execution and potential AI-market setbacks. Analysis of Oracle's balance sheet and AI contracts

Oracle Stock Down 1.6%

Oracle stock opened at $117.87 on Wednesday. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 1.89. Oracle Corporation has a 1-year low of $109.21 and a 1-year high of $250.25. The firm's fifty day simple moving average is $137.85 and its 200-day simple moving average is $154.83. The company has a market capitalization of $356.42 billion, a P/E ratio of 17.62, a P/E/G ratio of 0.84 and a beta of 1.79.

Oracle (NYSE:ORCL - Get Free Report) last issued its quarterly earnings data on Thursday, September 10th. The enterprise software provider reported $1.92 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 net margin of 26.36% and a return on equity of 48.85%. Oracle's revenue for the quarter was up 29.6% on a year-over-year basis. During the same period in the prior year, the company posted $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. Sell-side analysts forecast that Oracle Corporation will post 6.71 earnings per share for the current fiscal year.

Oracle Dividend Announcement

The business 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. This represents a $2.00 annualized dividend and a dividend yield of 1.7%. The ex-dividend date was Friday, October 9th. Oracle's dividend payout ratio is 31.35%.

Insider Activity

In related news, EVP Maria Smith sold 2,631 shares of the business's stock in a transaction that occurred 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 completion of the sale, the executive vice president directly owned 64,357 shares in the company, valued at approximately $9,762,956.90. The trade was a 3.93% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Michael D. Sicilia sold 22,562 shares of the company's stock in a transaction that occurred on 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 sale, the chief executive officer directly owned 182,929 shares of the company's stock, valued at $27,730,207.11. The trade was a 10.98% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 36,075 shares of company stock valued at $5,342,123. Insiders own 38.40% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have commented on the company. KeyCorp restated an "overweight" rating on shares of Oracle in a research note on Tuesday. Robert W. Baird set a $215.00 target price on Oracle in a research report on Thursday, October 29th. Yorkville Ives began coverage on Oracle in a research note on Wednesday, October 7th. They set an "in-line" rating and a $155.00 price target for the company. Royal Bank Of Canada reduced their price target on Oracle from $190.00 to $165.00 and set a "sector perform" rating for the company in a report on Friday, September 11th. Finally, TD Cowen reissued a "buy" rating and issued a $240.00 price target on shares of Oracle in a research note on Thursday, October 29th. One analyst has rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating, five have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $249.27.

About Oracle

Oracle Corporation is a technology company that develops and provides database software, cloud services, and enterprise applications. Its products help organizations manage data, run business operations, and build and deploy applications. Oracle's offerings include Oracle Database, Oracle Cloud Infrastructure, and cloud-based applications for functions such as finance, human resources, supply chain management, and customer experience. The company also provides software support, consulting, and related services.

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