Capital City Trust Co. FL Reduces Stake in Oracle Corporation $ORCL

Key Points

• Capital City Trust Co. FL has reduced its stake in Oracle Corporation by 3.9% to now hold 38,358 shares, making Oracle the 11th largest holding in its portfolio.
• Several institutional investors, including Vanguard Group and Polen Capital Management, have increased their holdings in Oracle, reflecting ongoing confidence in the company's performance.
• Oracle recently announced a $0.50 quarterly dividend, providing a yield of 0.7% and highlighting its commitment to returning value to shareholders amid a strong revenue growth of 12.2% year-over-year.

Capital City Trust Co. FL lessened its stake in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 3.9% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 38,358 shares of the enterprise software provider's stock after selling 1,574 shares during the quarter. Oracle comprises 2.2% of Capital City Trust Co. FL's portfolio, making the stock its 11th largest holding. Capital City Trust Co. FL's holdings in Oracle were worth $8,386,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. increased its holdings in shares of Oracle by 2.2% in the first quarter. Vanguard Group Inc. now owns 160,925,413 shares of the enterprise software provider's stock worth $22,498,982,000 after purchasing an additional 3,513,464 shares during the period. Northern Trust Corp increased its stake in Oracle by 0.6% in the 1st quarter. Northern Trust Corp now owns 19,741,423 shares of the enterprise software provider's stock worth $2,760,048,000 after acquiring an additional 120,889 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Oracle by 0.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 13,884,524 shares of the enterprise software provider's stock worth $1,941,195,000 after acquiring an additional 59,164 shares during the last quarter. Amundi raised its holdings in shares of Oracle by 3.3% in the 1st quarter. Amundi now owns 12,736,855 shares of the enterprise software provider's stock valued at $1,749,280,000 after acquiring an additional 409,691 shares in the last quarter. Finally, Polen Capital Management LLC boosted its position in shares of Oracle by 17.6% during the 1st quarter. Polen Capital Management LLC now owns 12,609,101 shares of the enterprise software provider's stock valued at $1,762,878,000 after acquiring an additional 1,885,370 shares during the last quarter. 42.44% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms recently weighed in on ORCL. Stifel Nicolaus upped their price objective on shares of Oracle from $250.00 to $350.00 and gave the stock a "buy" rating in a research report on Wednesday, September 10th. JMP Securities reissued a "market outperform" rating and issued a $342.00 price target on shares of Oracle in a report on Wednesday, September 24th. TD Cowen raised their price objective on shares of Oracle from $325.00 to $375.00 and gave the company a "buy" rating in a research report on Wednesday, September 10th. Cowen reiterated a "buy" rating and issued a $375.00 target price on shares of Oracle in a research report on Wednesday, September 10th. Finally, Citigroup restated an "outperform" rating on shares of Oracle in a research report on Wednesday, September 10th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $304.71.

Insiders Place Their Bets

In other Oracle news, Director Naomi O. Seligman sold 2,222 shares of the business's stock in a transaction dated Friday, September 26th. The shares were sold at an average price of $288.91, for a total value of $641,958.02. Following the transaction, the director owned 29,225 shares in the company, valued at approximately $8,443,394.75. The trade was a 7.07% 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, insider Michael D. Sicilia sold 33,845 shares of the company's stock in a transaction dated Tuesday, September 23rd. The shares were sold at an average price of $321.16, for a total transaction of $10,869,660.20. Following the transaction, the insider directly 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 disclosure for this sale can be found here. Over the last 90 days, insiders have sold 104,314 shares of company stock worth $31,272,223. 42.20% of the stock is currently owned by insiders.

Oracle Trading Down 0.9%

NYSE ORCL opened at $286.23 on Friday. The firm has a market cap of $815.99 billion, a PE ratio of 66.26, a price-to-earnings-growth ratio of 3.08 and a beta of 1.53. Oracle Corporation has a 1-year low of $118.86 and a 1-year high of $345.72. The stock has a 50-day moving average of $262.53 and a 200-day moving average of $205.48. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.33.

Oracle (NYSE:ORCL - Get Free Report) last announced its quarterly 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). The company had revenue of $14.93 billion during the quarter, compared to analysts' expectations of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.Oracle's revenue for the quarter was up 12.2% on a year-over-year basis. During the same period last year, the firm earned $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, sell-side analysts forecast that Oracle Corporation will post 5 EPS for the current year.

Oracle Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Thursday, October 9th. This represents a $2.00 annualized dividend and a yield of 0.7%. Oracle's dividend payout ratio is presently 46.30%.

Oracle 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.

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