Oracle Corporation $ORCL Stock Purchased by Torrey Growth & Income Advisors

Key Points

• Torrey Growth & Income Advisors increased its Oracle stake by 9.4%, adding 5,000 shares to hold 58,400 shares valued at about $8 million.
• 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.
• Analysts’ overall rating was Moderate Buy with a $249.27 consensus price target, though several firms recently cut their targets. Reports also raised concerns about AI infrastructure demand, financing needs, and customer concentration.

Torrey Growth & Income Advisors raised its holdings in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 9.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 58,400 shares of the enterprise software provider's stock after acquiring an additional 5,000 shares during the quarter. Oracle makes up 2.5% of Torrey Growth & Income Advisors' investment portfolio, making the stock its 9th largest position. Torrey Growth & Income Advisors' holdings in Oracle were worth $8,019,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Pilgrim Partners Asia Pte Ltd purchased a new stake in shares of Oracle in the third quarter valued at about $25,000. Foresight Capital Management Advisors Inc. purchased a new position in shares of Oracle during the 3rd quarter worth approximately $26,000. North Point Portfolio Managers Corp OH purchased a new position in shares of Oracle during the 3rd quarter worth approximately $27,000. Persistent Asset Partners Ltd acquired a new position in shares of Oracle during the 2nd quarter worth approximately $29,000. Finally, Strengthening Families & Communities LLC raised its position in shares of Oracle by 231.3% during the 3rd quarter. Strengthening Families & Communities LLC now owns 222 shares of the enterprise software provider's stock worth $30,000 after purchasing an additional 155 shares during the last quarter. Institutional investors and hedge funds own 42.44% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on ORCL shares. Stifel Nicolaus reduced their target price on Oracle from $220.00 to $200.00 and set a "buy" rating on the stock in a research note on Friday, September 11th. Jefferies Financial Group reissued a "buy" rating and set a $290.00 price target (down from $320.00) on shares of Oracle in a research report on Thursday, September 10th. President Capital cut their price target on Oracle from $360.00 to $300.00 and set an "overweight" rating for the company in a report on Tuesday, July 14th. Argus reissued a "buy" rating and issued a $225.00 price target on shares of Oracle in a report on Monday, September 14th. Finally, KeyCorp set a $285.00 price objective on Oracle in a research report on Friday, September 11th. One investment analyst has rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating, five have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $249.27.

Insider Activity at Oracle

In other Oracle news, Director Stephen H. Rusckowski purchased 25,000 shares of the firm's stock in a transaction on Tuesday, September 29th. The shares were purchased at an average cost of $139.35 per share, with a total value of $3,483,750.00. Following the purchase, the director owned 25,390 shares in the company, valued at approximately $3,538,096.50. This represents a 6,410.26% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, EVP Maria Smith sold 2,631 shares of the firm's stock in a transaction dated 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 36,075 shares of company stock worth $5,342,123. 38.40% of the stock is currently owned by insiders.

Oracle Stock Up 3.3%

Shares of NYSE ORCL opened at $119.94 on Tuesday. Oracle Corporation has a 1 year low of $109.21 and a 1 year high of $250.25. The firm's 50 day moving average price is $138.49 and its 200 day moving average price is $155.13. The firm has a market cap of $362.66 billion, a P/E ratio of 18.80, a price-to-earnings-growth ratio of 0.87 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 released its earnings results on Thursday, September 10th. The enterprise software provider reported $1.92 EPS for the quarter, topping the consensus estimate 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 previous year, the company earned $1.47 EPS. Oracle has set its Q2 2027 guidance at 1.850-1.930 EPS and its FY 2027 guidance at 8.100-8.100 EPS. As a group, sell-side analysts anticipate that Oracle Corporation will post 6.71 earnings per share for the current year.

Oracle Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 23rd. Stockholders of record on Friday, October 9th were given a $0.50 dividend. The ex-dividend date of this dividend was Friday, October 9th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.7%. Oracle's payout ratio is currently 31.35%.

Key Oracle News

Here are the key news stories impacting Oracle this week:

• Positive Sentiment: Oppenheimer still identifies Oracle as one of the software companies positioned to benefit from AI, while ETFs purchased about $111 million of ORCL shares on Thursday—potential signs of investor support. Oppenheimer sees Oracle as an AI winner ETF purchases of Oracle shares
• Neutral Sentiment: Oracle announced a $1.55 million grant for a Nashville community hub and redevelopment project. The announcement has limited direct relevance to the company’s financial outlook. Oracle community grant announcement
• Negative Sentiment: Microsoft is reportedly winding down an agreement to rent Oracle AI computing capacity, following Oracle’s cancellation of an estimated $7 billion chip-leasing deal with Tencent. The Microsoft contract may be relatively small, but its loss adds uncertainty about demand; S&P reportedly estimates OpenAI represents about half of Oracle’s backlog, heightening customer-concentration concerns. Microsoft deal and Oracle balance-sheet concerns
• Negative Sentiment: Several commentaries question Oracle’s financing needs and the durability of demand for its AI infrastructure. One report also notes ING plans to sell data-center loans that include a major Oracle-related project involving OpenAI and SoftBank. These concerns add to pressure on shares, which are well below their 50- and 200-day moving averages. Questions about Oracle AI infrastructure demand Oracle downgrade commentary

Oracle Profile

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.

Founded in 1977 as Software Development Laboratories, Oracle serves businesses and public-sector organizations across geographies worldwide.

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