Strathmore Capital Advisors Inc. Purchases Shares of 7,668 Oracle Corporation $ORCL

Key Points

• Strathmore Capital Advisors Inc. invested approximately $1.81 million in Oracle Corporation by acquiring 7,668 shares, making it the firm's 20th largest position.
• Oracle reported earnings of $1.47 EPS, missing analysts' estimates, with a total revenue of $14.93 billion for the quarter, marking a 12.2% year-over-year increase.
• The company announced a quarterly dividend of $0.50 per share, representing an annual yield of 0.7% with a dividend payout ratio of 46.3%.

Strathmore Capital Advisors Inc. purchased a new position in shares of Oracle Corporation (NYSE:ORCL - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 7,668 shares of the enterprise software provider's stock, valued at approximately $1,808,000. Oracle comprises about 0.8% of Strathmore Capital Advisors Inc.'s holdings, making the stock its 20th largest holding.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its stake 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 period. Northern Trust Corp increased its holdings in Oracle by 0.6% in the first quarter. Northern Trust Corp now owns 19,741,423 shares of the enterprise software provider's stock valued at $2,760,048,000 after purchasing an additional 120,889 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Oracle by 0.4% in the first 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 valued at $1,941,195,000 after buying an additional 59,164 shares during the period. Amundi boosted its holdings in Oracle by 3.3% during the first quarter. Amundi now owns 12,736,855 shares of the enterprise software provider's stock worth $1,749,280,000 after buying an additional 409,691 shares during the last quarter. Finally, Polen Capital Management LLC grew 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 worth $1,762,878,000 after buying an additional 1,885,370 shares during the period. 42.44% of the stock is owned by institutional investors.

Analysts Set New Price Targets

ORCL has been the topic of a number of analyst reports. Stifel Nicolaus increased their price target on shares of Oracle from $250.00 to $350.00 and gave the company a "buy" rating in a research report on Wednesday, September 10th. Roth Capital reaffirmed a "hold" rating on shares of Oracle in a research note on Wednesday, June 18th. Oppenheimer reiterated an "outperform" rating on shares of Oracle in a report on Wednesday, June 18th. Morgan Stanley lifted their price target on shares of Oracle from $175.00 to $246.00 and gave the stock an "equal weight" rating in a research report on Monday, September 8th. Finally, UBS Group set a $300.00 price objective on shares of Oracle in a research report on Wednesday, September 10th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $303.44.

Insiders Place Their Bets

In other Oracle news, insider Clayton M. Magouyrk sold 21,241 shares of Oracle stock in a transaction on Friday, September 12th. The shares were sold at an average price of $297.11, for a total value of $6,310,913.51. Following the sale, the insider directly owned 78,000 shares in the company, valued at approximately $23,174,580. The trade was a 21.40% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director William G. Parrett sold 11,500 shares of the stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $306.00, for a total transaction of $3,519,000.00. Following the transaction, the director owned 17,764 shares of the company's stock, valued at approximately $5,435,784. This represents a 39.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 78,247 shares of company stock valued at $22,090,505 over the last 90 days. 42.20% of the stock is currently owned by company insiders.

Oracle Stock Down 1.6%

ORCL stock traded down $4.74 during trading hours on Thursday, reaching $296.67. 24,598,197 shares of the stock were exchanged, compared to its average volume of 27,193,162. The firm's 50-day moving average is $250.06 and its 200-day moving average is $194.11. Oracle Corporation has a 12 month low of $118.86 and a 12 month high of $345.72. The company has a market cap of $843.06 billion, a price-to-earnings ratio of 68.67, a PEG ratio of 3.26 and a beta of 1.46. The company has a debt-to-equity ratio of 3.33, a current ratio of 0.62 and a quick ratio of 0.62.

Oracle (NYSE:ORCL - Get Free Report) last posted its quarterly earnings data on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share for the quarter, missing the consensus estimate of $1.48 by ($0.01). Oracle had a return on equity of 72.93% and a net margin of 21.08%.The firm had revenue of $14.93 billion for the quarter, compared to analyst estimates of $15.04 billion. During the same period in the prior year, the company earned $1.39 earnings per share. The firm's quarterly revenue was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, equities research analysts expect that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th will be given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, October 9th. Oracle's payout ratio is currently 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.