PNC Financial Services Group Inc. Has $591.34 Million Stake in Oracle Corporation $ORCL

PNC Financial Services Group Inc. trimmed its position in Oracle Corporation (NYSE:ORCL) by 3.2% during the fourth quarter, HoldingsChannel.com reports. The firm owned 3,033,917 shares of the enterprise software provider’s stock after selling 100,898 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Oracle were worth $591,341,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Jennison Associates LLC raised its holdings in Oracle by 2,062.4% during the third quarter. Jennison Associates LLC now owns 9,227,252 shares of the enterprise software provider’s stock worth $2,595,072,000 after acquiring an additional 8,800,546 shares in the last quarter. Vanguard Group Inc. lifted its holdings in Oracle by 3.5% during the 4th quarter. Vanguard Group Inc. now owns 174,802,084 shares of the enterprise software provider’s stock valued at $34,070,674,000 after purchasing an additional 5,841,584 shares during the last quarter. American Century Companies Inc. lifted its stake in shares of Oracle by 333.7% during the 3rd quarter. American Century Companies Inc. now owns 5,238,006 shares of the enterprise software provider’s stock worth $1,473,137,000 after buying an additional 4,030,382 shares during the last quarter. Amundi lifted its position in Oracle by 32.9% during the third quarter. Amundi now owns 9,636,090 shares of the enterprise software provider’s stock worth $2,809,609,000 after acquiring an additional 2,385,556 shares during the last quarter. Finally, SG Americas Securities LLC lifted its holdings in Oracle by 921.6% during the 4th quarter. SG Americas Securities LLC now owns 2,311,815 shares of the enterprise software provider’s stock worth $450,596,000 after purchasing an additional 2,085,514 shares during the last quarter. Institutional investors own 42.44% of the company’s stock.

Oracle Stock Performance

NYSE ORCL opened at $181.36 on Wednesday. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 3.66. The company has a fifty day simple moving average of $164.17 and a 200 day simple moving average of $180.90. The company has a market cap of $521.61 billion, a P/E ratio of 32.56, a PEG ratio of 1.78 and a beta of 1.55. Oracle Corporation has a 12-month low of $134.57 and a 12-month high of $345.72.

Oracle (NYSE:ORCL) last announced its quarterly earnings results on Tuesday, March 10th. The enterprise software provider reported $1.79 earnings per share for the quarter, beating the consensus estimate of $1.71 by $0.08. The business had revenue of $17.19 billion for the quarter, compared to analysts’ expectations of $16.91 billion. Oracle had a net margin of 25.30% and a return on equity of 62.70%. The firm’s revenue for the quarter was up 21.7% compared to the same quarter last year. During the same quarter last year, the firm earned $1.47 EPS. Oracle has set its Q4 2026 guidance at 1.960-2.000 EPS. Sell-side analysts predict that Oracle Corporation will post 6.08 earnings per share for the current fiscal year.

Oracle Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, April 24th. Stockholders of record on Thursday, April 9th were issued a $0.50 dividend. The ex-dividend date was Thursday, April 9th. This represents a $2.00 annualized dividend and a dividend yield of 1.1%. Oracle’s dividend payout ratio is currently 35.91%.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the stock. Robert W. Baird dropped their price objective on shares of Oracle from $300.00 to $200.00 and set an “outperform” rating for the company in a research note on Tuesday, March 10th. Sanford C. Bernstein set a $313.00 price objective on Oracle in a research report on Monday, February 9th. DA Davidson raised their target price on shares of Oracle from $180.00 to $200.00 and gave the company a “buy” rating in a research report on Wednesday, March 11th. JPMorgan Chase & Co. upgraded Oracle from a “neutral” rating to an “overweight” rating and reduced their price target for the stock from $230.00 to $210.00 in a report on Wednesday, March 11th. Finally, Citigroup boosted their price objective on shares of Oracle from $310.00 to $320.00 and gave the stock a “buy” rating in a research note on Thursday, March 12th. Three analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $261.46.

Insider Buying and Selling

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

Oracle News Roundup

Here are the key news stories impacting Oracle this week:

• Positive Sentiment: Oracle’s defense AI business is expanding, including new U.S. Department of Defense work and an $88 million Air Force cloud modernization contract through 2028, which adds to the company’s growing backlog in secure AI and cloud infrastructure. Oracle’s Expanding Defense AI Role And What It Could Mean For Investors
• Positive Sentiment: Analysts continue to view Oracle as a potential AI infrastructure beneficiary, with some noting meaningful upside as hyperscalers and enterprise customers keep investing in AI and quantum-related infrastructure. 2 Quantum Hyperscaler Stocks With 30% Price Target to Watch in May
• Positive Sentiment: A new market report highlights strong long-term demand for behavioral and mental health software, a healthcare IT category that can support Oracle’s broader cloud and enterprise software ecosystem. Global Behavioral and Mental Health Software Market Size/Share Worth USD 11.9 Billion by 2035

Oracle Profile

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.