Oracle Corporation $ORCL Stake Lifted by Covenant Asset Management LLC

Covenant Asset Management LLC raised its stake in Oracle Corporation (NYSE:ORCL) by 69.2% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 22,723 shares of the enterprise software provider’s stock after buying an additional 9,292 shares during the quarter. Oracle makes up about 0.7% of Covenant Asset Management LLC’s investment portfolio, making the stock its 23rd largest holding. Covenant Asset Management LLC’s holdings in Oracle were worth $6,390,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Vanguard Group Inc. boosted its stake in Oracle by 2.1% during the 2nd quarter. Vanguard Group Inc. now owns 164,278,874 shares of the enterprise software provider’s stock valued at $35,916,290,000 after purchasing an additional 3,353,461 shares during the period. State Street Corp boosted its position in shares of Oracle by 1.7% during the second quarter. State Street Corp now owns 73,459,391 shares of the enterprise software provider’s stock worth $16,060,427,000 after buying an additional 1,252,723 shares during the period. Norges Bank bought a new position in Oracle in the 2nd quarter worth approximately $4,275,378,000. Legal & General Group Plc increased its position in Oracle by 1.3% in the 2nd quarter. Legal & General Group Plc now owns 11,315,180 shares of the enterprise software provider’s stock valued at $2,473,838,000 after acquiring an additional 147,367 shares during the period. Finally, Primecap Management Co. CA increased its position in Oracle by 3.8% in the 2nd quarter. Primecap Management Co. CA now owns 11,182,800 shares of the enterprise software provider’s stock valued at $2,444,896,000 after acquiring an additional 405,525 shares during the period. Institutional investors own 42.44% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the company. JMP Securities reissued a “market outperform” rating and issued a $342.00 price target on shares of Oracle in a research note on Friday, October 17th. HSBC reiterated a “buy” rating and issued a $382.00 target price on shares of Oracle in a research report on Wednesday, November 26th. DA Davidson lowered their target price on shares of Oracle from $200.00 to $180.00 and set a “neutral” rating on the stock in a research note on Thursday, December 11th. BMO Capital Markets reduced their price target on shares of Oracle from $355.00 to $270.00 and set an “outperform” rating for the company in a research note on Thursday, December 11th. Finally, UBS Group reiterated a “buy” rating on shares of Oracle in a report on Monday, January 5th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $303.51.

Insiders Place Their Bets

In other Oracle news, CEO Clayton M. Magouyrk sold 10,000 shares of Oracle stock in a transaction that occurred on Friday, December 19th. The shares were sold at an average price of $192.52, for a total transaction of $1,925,200.00. Following the transaction, the chief executive officer directly owned 144,030 shares in the company, valued at approximately $27,728,655.60. The trade was a 6.49% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Mark Hura sold 15,000 shares of the business’s stock in a transaction on Wednesday, December 24th. The shares were sold at an average price of $196.89, for a total transaction of $2,953,350.00. Following the sale, the insider directly owned 234,077 shares in the company, valued at approximately $46,087,420.53. This trade represents a 6.02% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 111,588 shares of company stock valued at $26,108,046 over the last 90 days. 40.90% of the stock is owned by corporate insiders.

Oracle Trading Down 3.4%

Oracle stock opened at $173.88 on Thursday. The firm has a market cap of $499.58 billion, a price-to-earnings ratio of 32.68, a price-to-earnings-growth ratio of 1.59 and a beta of 1.65. Oracle Corporation has a 1 year low of $118.86 and a 1 year high of $345.72. The firm’s 50 day moving average price is $200.07 and its two-hundred day moving average price is $240.34. The company has a debt-to-equity ratio of 3.28, a quick ratio of 0.91 and a current ratio of 0.91.

Oracle (NYSE:ORCL) last released its quarterly earnings data on Wednesday, December 10th. The enterprise software provider reported $2.26 earnings per share for the quarter, topping the consensus estimate of $1.64 by $0.62. The business had revenue of $16.06 billion during the quarter, compared to analyst estimates of $16.19 billion. Oracle had a return on equity of 70.60% and a net margin of 25.28%.The company’s revenue was up 14.2% compared to the same quarter last year. During the same period last year, the company posted $1.47 EPS. On average, research analysts predict that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, January 23rd. Shareholders of record on Friday, January 9th will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Friday, January 9th. Oracle’s dividend payout ratio (DPR) is presently 37.59%.

Trending Headlines about Oracle

Here are the key news stories impacting Oracle this week:

• Positive Sentiment: Zacks highlights Oracle’s multicloud AI momentum — cites 817% YoY multicloud database consumption growth and new programs that deepen enterprise adoption, supporting durable revenue expansion and the company’s AI monetization roadmap. Is Oracle’s Multicloud AI Strategy Powering Sustainable Growth?
• Positive Sentiment: Guggenheim/MarketWatch coverage argues concerns about Oracle’s AI debt and concentration with OpenAI are overblown and that the long-term opportunity from cloud/AI makes Oracle a multi-year winner — a bullish analyst viewpoint that could support recovery if legal risks are contained. Oracle’s stock could be a big winner for the next decade, according to this analyst. Here’s why.
• Positive Sentiment: Seeking Alpha and other bullish write-ups argue the pullback is a buying opportunity as backlog diversification and AI-driven consumption should support upside over time. Oracle: ‘Buy’ The Dip As Backlog Diversification Continues
• Neutral Sentiment: Valuation checks: recent coverage examines whether the post-pullback price correctly reflects cloud growth and legal risk; these pieces weigh fundamentals vs. headline-driven volatility without a firm consensus. Is Oracle (ORCL) Fairly Priced After Recent Share Price Pullback And Cloud Growth Focus
• Negative Sentiment: Immediate driver of the drop: a Yahoo Finance story reports the stock tumbled after disclosures and a lawsuit raised investor concerns about Oracle’s AI-related debt/funding model and concentration risk, prompting questions about how AI initiatives are financed. Oracle (ORCL) Is Down 11.1% After AI Debt Disclosure Lawsuit Raises Questions About Funding Model
• Negative Sentiment: Class-action litigation risk: Rosen Law Firm announced a securities class action over senior notes tied to Oracle’s shelf registration (press releases on GlobeNewswire and BusinessWire), increasing legal and reputational uncertainty for noteholders and equity investors. ROSEN, A HIGHLY RECOGNIZED LAW FIRM, Encourages Oracle Corporation Investors to Secure Counsel in Securities Class Action – ORCL Rosen Law Firm Urges Oracle Corporation (NYSE: ORCL) Investors to Contact the Firm for Information About Their Rights
• Negative Sentiment: Bear case/price targets: a Forbes piece revisits a steep downside target (Oracle Stock To $126?), amplifying negative sentiment and pressuring short-term price action if investors reprice risk. Oracle Stock To $126?

About Oracle

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.