State of Michigan Retirement System Has $85.83 Million Position in Oracle Corporation $ORCL

Key Points

• State of Michigan Retirement System trimmed its Oracle stake by 1.8% to 440,332 shares, leaving a position valued at about $85.83 million.
• Oracle beat expectations with $1.79 EPS (vs. $1.71 est.) and $17.19B in revenue (up 21.7% YoY), set Q4 2026 EPS guidance of $1.96–2.00, and holds a consensus analyst rating of "Moderate Buy" with a $259.56 target.
• Major institutions (Vanguard, Jennison, Amundi, SG Americas) materially increased holdings while insiders (including the CEO and an EVP) sold shares, and headlines highlight both bullish AI/cloud partnerships and concerns over heavy data‑center spending and execution/debt risk.

State of Michigan Retirement System cut its position in Oracle Corporation (NYSE:ORCL - Free Report) by 1.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 440,332 shares of the enterprise software provider's stock after selling 7,900 shares during the period. State of Michigan Retirement System's holdings in Oracle were worth $85,825,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Jennison Associates LLC increased its position in shares of Oracle by 2,062.4% in the 3rd quarter. Jennison Associates LLC now owns 9,227,252 shares of the enterprise software provider's stock valued at $2,595,072,000 after buying an additional 8,800,546 shares in the last quarter. Vanguard Group Inc. lifted its holdings in Oracle by 3.5% during 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 acquiring an additional 5,841,584 shares in the last quarter. American Century Companies Inc. grew its stake in 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 valued at $1,473,137,000 after acquiring an additional 4,030,382 shares during the period. Amundi grew its stake in Oracle by 32.9% in the third quarter. Amundi now owns 9,636,090 shares of the enterprise software provider's stock valued at $2,809,609,000 after acquiring an additional 2,385,556 shares during the period. Finally, SG Americas Securities LLC increased its holdings in shares of 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 acquiring an additional 2,085,514 shares in the last quarter. 42.44% of the stock is owned by institutional investors.

Oracle Stock Up 0.1%

Shares of Oracle stock opened at $173.51 on Monday. The business's 50 day simple moving average is $154.21 and its 200 day simple moving average is $191.95. Oracle Corporation has a 52-week low of $134.57 and a 52-week high of $345.72. The firm has a market cap of $499.01 billion, a PE ratio of 31.15, a P/E/G ratio of 1.65 and a beta of 1.60. The company has a debt-to-equity ratio of 3.66, a quick ratio of 1.35 and a current ratio of 1.35.

Oracle (NYSE:ORCL - Get Free Report) last released its 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 firm had revenue of $17.19 billion for the quarter, compared to analysts' expectations of $16.91 billion. During the same quarter in the previous year, the business posted $1.47 EPS. The business's quarterly revenue was up 21.7% compared to the same quarter last year. Oracle has set its Q4 2026 guidance at 1.960-2.000 EPS. On average, analysts predict that Oracle Corporation will post 6.08 earnings per share for the current fiscal year.

Oracle Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, April 24th. Investors of record on Thursday, April 9th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Thursday, April 9th. This represents a $2.00 annualized dividend and a yield of 1.2%. Oracle's dividend payout ratio is 35.91%.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on ORCL shares. Oppenheimer lifted their price objective on Oracle from $185.00 to $210.00 and gave the company an "outperform" rating in a report on Wednesday, March 11th. Deutsche Bank Aktiengesellschaft lowered their target price on Oracle from $375.00 to $300.00 and set a "buy" rating for the company in a research note on Monday, March 9th. TD Cowen dropped their target price on shares of Oracle from $350.00 to $250.00 and set a "buy" rating on the stock in a report on Friday, March 6th. Mizuho cut their price target on shares of Oracle from $400.00 to $320.00 and set an "outperform" rating on the stock in a research note on Monday, March 16th. Finally, Bank of America began coverage on shares of Oracle in a report on Tuesday, March 24th. They issued a "buy" rating and a $200.00 price target for the company. Three investment analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Oracle currently has an average rating of "Moderate Buy" and a consensus target price of $259.56.

Insider Buying and Selling

In related news, CEO Clayton M. Magouyrk sold 10,000 shares of the firm's stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $155.23, for a total value of $1,552,300.00. Following the completion of the sale, the chief executive officer directly owned 134,030 shares in the company, valued at approximately $20,805,476.90. This trade represents a 6.94% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Stuart Levey sold 15,000 shares of the business's stock in a transaction that occurred on Thursday, April 16th. The stock was sold at an average price of $176.19, for a total value of $2,642,850.00. Following the transaction, the executive vice president directly owned 3,429 shares in the company, valued at approximately $604,155.51. This trade represents a 81.39% 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. Corporate insiders own 40.90% of the company's stock.

Oracle News Summary

Here are the key news stories impacting Oracle this week:

• Positive Sentiment: Wedbush initiated coverage with an Outperform rating and framed Oracle as a foundational AI infrastructure play, setting a $225 price target that signals substantial upside vs. current levels. Wedbush Crowns Oracle a Foundational AI Infrastructure Play With a $225 Price Target
• Positive Sentiment: Wedbush’s Dan Ives publicly said Wall Street is underestimating Oracle and suggested the stock could materially outperform, a bullish narrative that supports longer‑term expectations for AI backlog monetization. Oracle Stock Could Double, Ives Says
• Positive Sentiment: Oracle continues to expand AI and cloud partnerships (e.g., Google Cloud database agent, DENSO collaboration, and large financing plans for data‑center buildouts) that underpin its AI infrastructure thesis and potential multicloud revenue growth. Oracle And Google Cloud Link AI To Keep Enterprise Data On Oracle
• Neutral Sentiment: Several retail and advisory writeups are repeating bullish theses (safe stock / long‑term AI upside) that may support buy‑and‑hold demand but are unlikely to move price until revenue/capex visibility improves. Is Oracle Corporation (ORCL) A Good Stock To Buy Now?
• Neutral Sentiment: Market commentators highlight rotation into software names as a thematic tailwind for ORCL, but note the path is bumpy and dependent on broader risk sentiment. Follow the Flow: 3 Stocks Absorbing the Market's Biggest Rotation
• Negative Sentiment: Reports that Oracle cancelled a large Super Micro order (estimated $1.1B–$1.4B) triggered immediate selling and raised questions over timing/scale of Oracle’s server purchases and supply‑chain relationships. Oracle stock falls 3%: why this analyst still sees upside
• Negative Sentiment: Broader coverage warns Oracle’s aggressive AI data‑center spending is straining financing markets and investor patience, feeding concerns about execution risk and balance‑sheet strain. Oracle's Deluge of AI Debt Pushes Wall Street to the Limit
• Negative Sentiment: Morgan Stanley trimmed its price target and holds an Equal‑Weight stance, a reminder some sell‑side shops remain cautious and that not all analysts are aligned with the bullish backlog story. ORCL price target lowered by Morgan Stanley

Oracle Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.