New York Life Investment Management LLC Increases Stock Holdings in Oracle Corporation $ORCL

New York Life Investment Management LLC raised its stake in Oracle Corporation (NYSE:ORCL) by 1.8% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 222,416 shares of the enterprise software provider’s stock after acquiring an additional 4,015 shares during the period. New York Life Investment Management LLC’s holdings in Oracle were worth $48,627,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in ORCL. Brighton Jones LLC increased its stake in Oracle by 189.3% in the fourth quarter. Brighton Jones LLC now owns 153,580 shares of the enterprise software provider’s stock valued at $25,593,000 after purchasing an additional 100,494 shares during the last quarter. Revolve Wealth Partners LLC increased its holdings in shares of Oracle by 8.1% in the 4th quarter. Revolve Wealth Partners LLC now owns 5,418 shares of the enterprise software provider’s stock valued at $903,000 after acquiring an additional 404 shares during the period. Golden State Wealth Management LLC raised its position in Oracle by 8.0% in the 1st quarter. Golden State Wealth Management LLC now owns 2,592 shares of the enterprise software provider’s stock valued at $362,000 after purchasing an additional 191 shares during the last quarter. Naviter Wealth LLC boosted its stake in Oracle by 3.0% during the 1st quarter. Naviter Wealth LLC now owns 11,086 shares of the enterprise software provider’s stock worth $1,562,000 after purchasing an additional 323 shares during the period. Finally, Amalgamated Bank grew its position in Oracle by 3.6% during the 1st quarter. Amalgamated Bank now owns 345,294 shares of the enterprise software provider’s stock worth $48,276,000 after purchasing an additional 12,016 shares during the last quarter. 42.44% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Oracle news, insider Michael D. Sicilia sold 33,845 shares of the firm’s stock in a transaction on Tuesday, September 23rd. The stock was sold at an average price of $321.16, for a total value of $10,869,660.20. Following the completion of the sale, the insider owned 132,656 shares of the company’s stock, valued at approximately $42,603,800.96. This trade represents a 20.33% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Maria Smith sold 5,000 shares of the firm’s stock in a transaction on Thursday, October 23rd. The shares were sold at an average price of $280.62, for a total value of $1,403,100.00. Following the completion of the sale, the executive vice president directly owned 47,083 shares of the company’s stock, valued at approximately $13,212,431.46. This trade represents a 9.60% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 170,769 shares of company stock valued at $50,297,667 in the last quarter. Corporate insiders own 40.90% of the company’s stock.

Oracle Price Performance

Shares of NYSE ORCL opened at $281.25 on Tuesday. The company has a debt-to-equity ratio of 3.33, a current ratio of 0.62 and a quick ratio of 0.62. The stock has a fifty day moving average price of $275.24 and a 200 day moving average price of $222.60. Oracle Corporation has a 1-year low of $118.86 and a 1-year high of $345.72. The company has a market cap of $801.78 billion, a PE ratio of 65.10, a P/E/G ratio of 3.04 and a beta of 1.53.

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

Oracle Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th were issued a $0.50 dividend. The ex-dividend date of this dividend was Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a yield of 0.7%. Oracle’s dividend payout ratio (DPR) is 46.30%.

Analysts Set New Price Targets

Several research analysts have issued reports on the stock. Cantor Fitzgerald raised their price objective on shares of Oracle from $271.00 to $400.00 and gave the stock an “overweight” rating in a research report on Wednesday, September 10th. Evercore ISI raised their price objective on shares of Oracle from $350.00 to $385.00 and gave the stock an “outperform” rating in a research report on Friday, October 17th. TD Cowen raised 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. Cowen reissued a “buy” rating on shares of Oracle in a research report on Friday, October 17th. Finally, Royal Bank Of Canada reissued a “sector perform” rating and set a $310.00 price objective on shares of Oracle in a research report on Friday, October 17th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $323.69.

Oracle Company Profile

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.