Oracle Corporation $ORCL is Lumbard & Kellner LLC’s 9th Largest Position

Lumbard & Kellner LLC reduced its stake in Oracle Corporation (NYSE:ORCL) by 52.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 31,565 shares of the enterprise software provider’s stock after selling 35,070 shares during the period. Oracle accounts for about 3.0% of Lumbard & Kellner LLC’s holdings, making the stock its 9th biggest position. Lumbard & Kellner LLC’s holdings in Oracle were worth $6,901,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. Norges Bank purchased a new stake in Oracle in the second quarter valued at $4,275,378,000. Nuveen LLC acquired a new stake in shares of Oracle during the first quarter worth about $732,692,000. Vanguard Group Inc. lifted its holdings in shares of Oracle by 2.2% in the 1st quarter. Vanguard Group Inc. now owns 160,925,413 shares of the enterprise software provider’s stock valued at $22,498,982,000 after purchasing an additional 3,513,464 shares during the last quarter. Kingstone Capital Partners Texas LLC acquired a new stake in shares of Oracle in the 2nd quarter valued at about $731,512,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in Oracle by 79.2% during the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 4,638,951 shares of the enterprise software provider’s stock worth $648,572,000 after buying an additional 2,049,687 shares during the last quarter. Institutional investors and hedge funds own 42.44% of the company’s stock.

Insider Buying and Selling

In other Oracle news, Director Naomi O. Seligman sold 2,222 shares of the business’s stock in a transaction on Friday, September 26th. The shares were sold at an average price of $288.91, for a total transaction of $641,958.02. Following the sale, the director directly owned 29,225 shares in the company, valued at approximately $8,443,394.75. The trade was a 7.07% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Jeffrey Berg sold 49,365 shares of the company’s stock in a transaction on Tuesday, October 28th. The stock was sold at an average price of $283.02, for a total transaction of $13,971,282.30. Following the transaction, the director directly owned 151,999 shares in the company, valued at approximately $43,018,756.98. This trade represents a 24.52% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 204,254 shares of company stock valued at $60,227,807 in the last quarter. Corporate insiders own 40.90% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. DA Davidson reduced their price objective on Oracle from $300.00 to $200.00 and set a “neutral” rating for the company in a research note on Tuesday, November 25th. Berenberg Bank lifted their target price on shares of Oracle from $202.00 to $306.00 and gave the company a “hold” rating in a report on Monday, September 15th. JPMorgan Chase & Co. increased their price target on shares of Oracle from $185.00 to $210.00 and gave the stock a “neutral” rating in a research note on Monday, September 8th. Baird R W raised shares of Oracle to a “strong-buy” rating in a research report on Wednesday, October 8th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $310.00 target price on shares of Oracle in a report on Friday, October 17th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $324.89.

Oracle Stock Down 1.7%

ORCL stock opened at $201.57 on Monday. The stock has a market capitalization of $574.62 billion, a PE ratio of 46.66, a price-to-earnings-growth ratio of 2.96 and a beta of 1.51. The company has a fifty day moving average of $262.79 and a 200-day moving average of $238.38. The company has a debt-to-equity ratio of 3.33, a quick ratio of 0.62 and a current ratio of 0.62. Oracle Corporation has a one year low of $118.86 and a one year high of $345.72.

Oracle (NYSE:ORCL) last announced its quarterly earnings data 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 firm had revenue of $14.93 billion during the quarter, compared to analyst estimates of $15.04 billion. During the same quarter in the previous year, the business earned $1.39 EPS. Oracle’s revenue for the quarter was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, analysts expect that Oracle Corporation will post 5 EPS for the current year.

Oracle Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 23rd. Shareholders 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 1.0%. Oracle’s dividend payout ratio is presently 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.