Bank of Nova Scotia Sells 1,160,133 Shares of Oracle Corporation $ORCL

Posted by ABMN Staff on Jul 24th, 2026

Bank of Nova Scotia trimmed its holdings in Oracle Corporation (NYSE:ORCL – Free Report) by 50.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,117,229 shares of the enterprise software provider’s stock after selling 1,160,133 shares during the quarter. Bank of Nova Scotia’s holdings in Oracle were worth $164,356,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. lifted its position in shares of 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 purchasing an additional 5,841,584 shares during the last quarter. State Street Corp grew its holdings in shares of Oracle by 4.4% in the fourth quarter. State Street Corp now owns 76,527,759 shares of the enterprise software provider’s stock worth $14,916,026,000 after purchasing an additional 3,216,915 shares during the last quarter. Geode Capital Management LLC increased its stake in Oracle by 1.8% in the 4th quarter. Geode Capital Management LLC now owns 37,734,944 shares of the enterprise software provider’s stock worth $7,328,754,000 after buying an additional 665,374 shares during the period. Capital Research Global Investors lifted its holdings in Oracle by 29.3% during the 4th quarter. Capital Research Global Investors now owns 30,137,126 shares of the enterprise software provider’s stock valued at $5,874,070,000 after buying an additional 6,826,299 shares in the last quarter. Finally, Morgan Stanley lifted its holdings in Oracle by 1.9% during the 4th quarter. Morgan Stanley now owns 27,125,099 shares of the enterprise software provider’s stock valued at $5,286,953,000 after buying an additional 495,146 shares in the last quarter. 42.44% of the stock is owned by institutional investors.

Key Headlines Impacting Oracle

Here are the key news stories impacting Oracle this week:

Positive Sentiment: Oracle won a 10-year U.S. Department of Defense software contract worth up to about $7 billion, which could support revenue visibility and reinforce demand for its enterprise software. Oracle wins 10-year software contract with Pentagon worth up to $7 billion
Positive Sentiment: Analysts raised their fair value estimate for Oracle as they weighed stronger AI and cloud demand, signaling that some investors still see meaningful upside if growth continues. Oracle (ORCL) Stock Fair Value Edges Higher As Analysts Weigh AI Growth And Margin Risks
Positive Sentiment: Some coverage argued the selloff may be creating a buy-the-dip opportunity, pointing to Oracle’s large backlog and long-term position in AI infrastructure. Prediction: Oracle Stock Could Reach a New High by 2027
Neutral Sentiment: Brokerage and market commentary remained mixed, with some analysts maintaining a constructive long-term view while others warned the stock could still face more volatility after its steep decline. Mizuho sends intriguing Oracle stock message after 38% drop
Negative Sentiment: Investors focused on Oracle’s rising AI and data center costs, including reports that the company may face billions in power and infrastructure obligations, which could strain cash flow and raise leverage concerns. Oracle Faces Pressure: Data Center Costs and OpenAI Exposure Weigh on Stock
Negative Sentiment: Broader AI-debt concerns also weighed on sentiment, as Oracle was named among mega-cap tech firms facing mounting off-balance-sheet obligations tied to the AI buildout. Big Tech’s Off-Balance-Sheet AI Debt Reportedly Tops $1.65 Trillion
Negative Sentiment: Oracle also slipped more than the broader market in the latest session, reflecting ongoing investor concern that the stock has become oversold amid the AI spending debate. Oracle (ORCL) Dips More Than Broader Market: What You Should Know

Insider Transactions at Oracle

In other news, Vice Chairman Jeffrey Henley sold 400,000 shares of Oracle stock in a transaction on Wednesday, June 24th. The stock was sold at an average price of $159.16, for a total value of $63,664,000.00. Following the transaction, the insider directly owned 400,000 shares in the company, valued at approximately $63,664,000. This trade represents a 50.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 40.90% of the company’s stock.

Oracle Trading Down 4.6%

NYSE:ORCL opened at $120.09 on Friday. Oracle Corporation has a one year low of $119.44 and a one year high of $345.72. The company has a debt-to-equity ratio of 3.21, a quick ratio of 1.12 and a current ratio of 1.12. The firm has a market cap of $345.92 billion, a P/E ratio of 20.60, a P/E/G ratio of 0.79 and a beta of 1.72. The firm has a 50-day simple moving average of $171.87 and a 200-day simple moving average of $167.25.

Oracle (NYSE:ORCL – Get Free Report) last announced its quarterly earnings results on Wednesday, June 10th. The enterprise software provider reported $2.11 earnings per share for the quarter, topping the consensus estimate of $1.96 by $0.15. Oracle had a net margin of 25.37% and a return on equity of 58.62%. The firm had revenue of $19.18 billion during the quarter, compared to analysts’ expectations of $19.10 billion. During the same quarter in the prior year, the company earned $1.70 EPS. The company’s revenue was up 20.6% compared to the same quarter last year. Oracle has set its Q1 2027 guidance at 1.720-1.760 EPS and its FY 2027 guidance at 8.050-8.050 EPS. Equities analysts anticipate that Oracle Corporation will post 6.47 EPS for the current fiscal year.

Oracle Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, July 24th. Shareholders of record on Friday, July 10th will be issued a dividend of $0.50 per share. The ex-dividend date is Friday, July 10th. This represents a $2.00 dividend on an annualized basis and a yield of 1.7%. Oracle’s dividend payout ratio is currently 34.31%.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. CLSA began coverage on shares of Oracle in a research note on Monday. They issued a “hold” rating and a $145.00 target price on the stock. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $284.00 price target on shares of Oracle in a research note on Thursday, June 11th. Piper Sandler boosted their price target on Oracle from $210.00 to $225.00 and gave the company an “overweight” rating in a report on Thursday, June 11th. Barclays increased their price objective on Oracle from $240.00 to $250.00 and gave the stock an “overweight” rating in a research note on Thursday, June 11th. Finally, TD Cowen raised their price objective on Oracle from $250.00 to $300.00 and gave the stock a “buy” rating in a report on Monday, June 8th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $265.03.

View Our Latest Analysis on ORCL

Oracle Company Profile

(Free Report)

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.