Westpac Banking Corp Has $2.18 Million Holdings in Oracle Corporation $ORCL

Westpac Banking Corp decreased its position in shares of Oracle Corporation (NYSE:ORCL) by 23.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 14,840 shares of the enterprise software provider’s stock after selling 4,524 shares during the quarter. Westpac Banking Corp’s holdings in Oracle were worth $2,183,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of ORCL. FSA Wealth Management LLC acquired a new position in shares of Oracle in the 3rd quarter valued at approximately $28,000. Mpwm Advisory Solutions LLC boosted its position in shares of Oracle by 76.9% during the 3rd quarter. Mpwm Advisory Solutions LLC now owns 115 shares of the enterprise software provider’s stock worth $32,000 after acquiring an additional 50 shares in the last quarter. Turning Point Benefit Group Inc. bought a new position in Oracle in the third quarter valued at approximately $35,000. HFM Investment Advisors LLC increased its stake in Oracle by 290.9% in the fourth quarter. HFM Investment Advisors LLC now owns 129 shares of the enterprise software provider’s stock valued at $25,000 after acquiring an additional 96 shares during the last quarter. Finally, Basepoint Wealth LLC acquired a new position in Oracle during the fourth quarter valued at approximately $26,000. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Key Oracle News

Here are the key news stories impacting Oracle this week:

• Positive Sentiment: Some analysts remain bullish, arguing Oracle’s massive backlog and cloud growth support long-term upside despite the selloff. Oracle stock is still a buy: Analyst outlines his bull case
• Positive Sentiment: Mizuho reiterated an outperform/buy view, saying Oracle’s risk/reward looks attractive and that the stock may have become oversold. Mizuho analyst on Oracle stock
• Neutral Sentiment: Several recent pieces say Oracle may be deeply oversold and could rebound technically if selling pressure eases. Oracle Corp. (ORCL) Price Forecast
• Negative Sentiment: Reports that Oracle could face a $7 billion collateral bill for its Wisconsin data center have intensified funding and execution worries. Oracle could face $7bn collateral bill for Wisconsin data centre
• Negative Sentiment: Investors are also worried that AI-related spending is consuming free cash flow across big tech, including Oracle, which could pressure margins and capital returns. Analysis-AI investment boom puts Big Tech’s free cash flow under pressure

Insider Transactions at Oracle

In other Oracle news, Vice Chairman Jeffrey Henley sold 400,000 shares of the stock in a transaction dated 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 completion of 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 40.90% of the stock is currently owned by insiders.

Oracle Stock Performance

Shares of Oracle stock opened at $125.86 on Thursday. The company’s 50 day moving average price is $173.38 and its two-hundred day moving average price is $167.78. The firm has a market capitalization of $362.54 billion, a P/E ratio of 21.59, a P/E/G ratio of 0.80 and a beta of 1.72. Oracle Corporation has a fifty-two week low of $120.03 and a fifty-two week high of $345.72. The company has a debt-to-equity ratio of 3.21, a current ratio of 1.12 and a quick ratio of 1.12.

Oracle (NYSE:ORCL) last announced its quarterly earnings results on Wednesday, June 10th. The enterprise software provider reported $2.11 earnings per share (EPS) 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 company had revenue of $19.18 billion during the quarter, compared to the consensus estimate of $19.10 billion. During the same period in the prior year, the business earned $1.70 earnings per share. The company’s revenue for the quarter 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. On average, equities analysts forecast that Oracle Corporation will post 6.47 earnings per share for the current fiscal year.

Oracle Announces Dividend

The company 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 $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend is Friday, July 10th. Oracle’s dividend payout ratio is presently 34.31%.

Analyst Upgrades and Downgrades

Several research firms have weighed in on ORCL. Moffett Nathanson set a $325.00 target price on Oracle in a research note on Thursday, June 11th. Wolfe Research reiterated an “outperform” rating and issued a $225.00 price target on shares of Oracle in a research note on Thursday, June 11th. KeyCorp reissued an “overweight” rating on shares of Oracle in a report on Thursday, June 11th. Citigroup restated a “market outperform” rating on shares of Oracle in a research report on Thursday, June 11th. Finally, DA Davidson raised their price objective on Oracle from $200.00 to $225.00 and gave the company a “buy” rating in a research note on Thursday, June 11th. Two research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $265.03.

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.