Destination Wealth Management Increases Position in Oracle Corporation $ORCL

by · The Cerbat Gem

Destination Wealth Management lifted its holdings in shares of Oracle Corporation (NYSE:ORCL – Free Report) by 117.3% during the fourth quarter, Holdings Channel reports. The fund owned 13,715 shares of the enterprise software provider’s stock after purchasing an additional 7,403 shares during the quarter. Destination Wealth Management’s holdings in Oracle were worth $2,673,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of ORCL. HFM Investment Advisors LLC increased its holdings 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 buying an additional 96 shares during the last quarter. Basepoint Wealth LLC bought a new stake in Oracle in the fourth quarter valued at about $26,000. FSA Wealth Management LLC bought a new stake in Oracle in the third quarter valued at about $28,000. Joseph Group Capital Management bought a new stake in Oracle in the fourth quarter valued at about $29,000. Finally, Ankerstar Wealth LLC bought a new stake in Oracle in the fourth quarter valued at about $31,000. 42.44% of the stock is owned by hedge funds and other institutional investors.

Oracle Stock Performance

Shares of ORCL stock opened at $184.01 on Friday. The company has a quick ratio of 1.35, a current ratio of 1.12 and a debt-to-equity ratio of 2.84. The business has a 50 day moving average of $184.68 and a two-hundred day moving average of $177.93. Oracle Corporation has a 52 week low of $134.57 and a 52 week high of $345.72. The company has a market cap of $529.21 billion, a P/E ratio of 31.56, a PEG ratio of 1.44 and a beta of 1.65.

Oracle (NYSE:ORCL – Get Free Report) last issued its earnings results on Wednesday, June 10th. The enterprise software provider reported $2.11 EPS for the quarter, beating analysts’ consensus estimates of $1.96 by $0.15. Oracle had a return on equity of 56.43% and a net margin of 25.37%.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 previous year, the firm posted $1.70 earnings per share. Oracle’s quarterly 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. As a group, analysts anticipate that Oracle Corporation will post 6.32 EPS for the current year.

Oracle Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 24th. Stockholders of record on Friday, July 10th will be given a dividend of $0.50 per share. The ex-dividend date is Friday, July 10th. This represents a $2.00 annualized dividend and a dividend yield of 1.1%. Oracle’s payout ratio is currently 35.91%.

More Oracle News

Here are the key news stories impacting Oracle this week:

  • Positive Sentiment: Oracle beat fiscal Q4 estimates, with adjusted EPS of $2.11 and revenue of $19.18 billion, while cloud infrastructure revenue jumped 93% year over year and the company cited a record $638 billion remaining performance obligation, signaling strong demand for its AI and cloud services.
  • Positive Sentiment: The U.S. Office of Personnel Management awarded Oracle a $395.8 million federal HR modernization contract, expanding Oracle’s government cloud footprint and adding a new revenue stream tied to more than 2 million federal employees. Article Title
  • Positive Sentiment: Several recent analyst notes remained bullish, with firms like Guggenheim, Piper Sandler, BMO Capital Markets, and Cantor Fitzgerald reiterating constructive ratings and higher price targets, suggesting Wall Street still sees upside despite the selloff.
  • Neutral Sentiment: Zacks noted that the broader earnings revisions trend for 2026 has been improving, especially in Technology, which may support sentiment for Oracle and other software/cloud names.
  • Negative Sentiment: Oracle’s stock fell sharply because management said AI-related capital expenditures will be far higher than expected, with FY2027 capex potentially reaching $95 billion and plans to raise about $40 billion more through debt and equity financing, raising concerns about dilution, leverage, and free cash flow.
  • Negative Sentiment: Investors also reacted to warnings that margins may step down as Oracle ramps data-center buildout, while a cyber issue in PeopleSoft and reports of active exploitation added a small layer of operational risk. Article Title

Analyst Ratings Changes

Several analysts recently weighed in on ORCL shares. Wolfe Research reissued an “outperform” rating and issued a $225.00 price objective on shares of Oracle in a report on Thursday. Arete Research set a $255.00 price objective on Oracle and gave the company a “buy” rating in a report on Thursday, May 7th. Oppenheimer boosted their price objective on Oracle from $235.00 to $275.00 and gave the company an “outperform” rating in a report on Monday, June 8th. UBS Group boosted their price objective on Oracle from $250.00 to $285.00 and gave the company a “buy” rating in a report on Tuesday, June 2nd. Finally, Bank of America lifted their target price on Oracle from $200.00 to $240.00 and gave the company a “buy” rating in a research note on Tuesday. Three research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Oracle presently has a consensus rating of “Moderate Buy” and a consensus target price of $268.27.

Check Out Our Latest Research Report on Oracle

Insider Activity

In other news, EVP Stuart Levey sold 15,000 shares of the business’s stock in a transaction that occurred on Thursday, April 16th. The stock was sold at an average price of $176.19, for a total transaction of $2,642,850.00. Following the completion of the transaction, the executive vice president directly owned 3,429 shares in the company, valued at approximately $604,155.51. The trade was a 81.39% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 40.90% of the company’s stock.

About Oracle

(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.

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