Oracle Corporation $ORCL Shares Acquired by California Public Employees Retirement System

California Public Employees Retirement System increased its stake in Oracle Corporation (NYSE:ORCL) by 9.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,767,791 shares of the enterprise software provider’s stock after acquiring an additional 244,947 shares during the period. California Public Employees Retirement System owned approximately 0.10% of Oracle worth $605,122,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of ORCL. Snider Financial Group raised its position in Oracle by 1.3% in the 2nd quarter. Snider Financial Group now owns 3,204 shares of the enterprise software provider’s stock valued at $701,000 after purchasing an additional 40 shares in the last quarter. SNS Financial Group LLC grew its position in shares of Oracle by 0.9% during the second quarter. SNS Financial Group LLC now owns 4,896 shares of the enterprise software provider’s stock worth $1,070,000 after buying an additional 42 shares in the last quarter. PKS Advisory Services LLC increased its stake in shares of Oracle by 1.9% during the second quarter. PKS Advisory Services LLC now owns 2,211 shares of the enterprise software provider’s stock worth $483,000 after buying an additional 42 shares during the period. Reyes Financial Architecture Inc. increased its stake in shares of Oracle by 7.2% during the second quarter. Reyes Financial Architecture Inc. now owns 643 shares of the enterprise software provider’s stock worth $141,000 after buying an additional 43 shares during the period. Finally, Creative Capital Management Investments LLC raised its holdings in Oracle by 5.7% in the second quarter. Creative Capital Management Investments LLC now owns 798 shares of the enterprise software provider’s stock valued at $174,000 after acquiring an additional 43 shares in the last quarter. 42.44% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have commented on the stock. BMO Capital Markets set a $355.00 price target on shares of Oracle and gave the stock an “outperform” rating in a report on Monday, October 13th. TD Cowen lifted their price objective on shares of Oracle from $325.00 to $375.00 and gave the stock a “buy” rating in a research report on Wednesday, September 10th. The Goldman Sachs Group reiterated a “neutral” rating and set a $320.00 target price on shares of Oracle in a research note on Monday, October 20th. Barclays raised their price target on Oracle from $367.00 to $400.00 and gave the company an “overweight” rating in a research note on Friday, October 17th. Finally, Morgan Stanley upped their price objective on Oracle from $246.00 to $320.00 and gave the stock an “equal weight” rating in a research report on Tuesday, September 23rd. Four equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $322.73.

Insider Transactions at Oracle

In other news, EVP Stuart Levey sold 19,758 shares of the company’s stock in a transaction dated Friday, October 10th. The shares were sold at an average price of $300.00, for a total value of $5,927,400.00. Following the completion of the sale, the executive vice president directly owned 18,429 shares of the company’s stock, valued at approximately $5,528,700. This represents a 51.74% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Clayton M. Magouyrk sold 40,000 shares of the stock in a transaction dated Tuesday, October 21st. The stock was sold at an average price of $276.64, for a total transaction of $11,065,600.00. Following the sale, the chief executive officer owned 154,030 shares of the company’s stock, valued at $42,610,859.20. This trade represents a 20.62% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 204,254 shares of company stock worth $60,227,807 over the last 90 days. Company insiders own 40.90% of the company’s stock.

Oracle Stock Up 1.7%

ORCL opened at $218.04 on Friday. Oracle Corporation has a one year low of $118.86 and a one year high of $345.72. The company has a debt-to-equity ratio of 3.33, a quick ratio of 0.62 and a current ratio of 0.62. The stock has a market capitalization of $621.59 billion, a P/E ratio of 50.47, a price-to-earnings-growth ratio of 2.47 and a beta of 1.66. The business’s 50-day simple moving average is $253.08 and its 200-day simple moving average is $239.53.

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

Oracle Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 23rd. Investors of record on Thursday, October 9th were given a $0.50 dividend. The ex-dividend date was Thursday, October 9th. This represents a $2.00 annualized dividend and a yield of 0.9%. Oracle’s dividend payout ratio is 46.30%.

About Oracle

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.