StrongBox Wealth LLC Grows Position in Oracle Corporation $ORCL

Key Points

• StrongBox Wealth LLC increased its stake in Oracle Corporation by 21.8%, now holding 9,169 shares valued at approximately $2 million.
• Several major investors, including Nuveen LLC and Vanguard Group Inc., also significantly increased their stakes in Oracle during the first quarter, indicating strong institutional interest in the stock.
• Oracle announced a $0.50 quarterly dividend and reported a 12.2% year-over-year revenue increase, though it slightly missed EPS and revenue expectations in its latest earnings report.

StrongBox Wealth LLC raised its holdings in Oracle Corporation (NYSE:ORCL - Free Report) by 21.8% in the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 9,169 shares of the enterprise software provider's stock after buying an additional 1,643 shares during the quarter. StrongBox Wealth LLC's holdings in Oracle were worth $2,005,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Balefire LLC boosted its stake in Oracle by 14.7% in the 2nd quarter. Balefire LLC now owns 16,368 shares of the enterprise software provider's stock worth $3,579,000 after purchasing an additional 2,103 shares in the last quarter. Krilogy Financial LLC raised its holdings in shares of Oracle by 19.3% in the second quarter. Krilogy Financial LLC now owns 12,078 shares of the enterprise software provider's stock worth $2,641,000 after buying an additional 1,952 shares during the last quarter. St. Louis Financial Planners Asset Management LLC acquired a new stake in shares of Oracle during the second quarter worth $3,536,000. Woodstock Corp grew its holdings in shares of Oracle by 1.5% during the second quarter. Woodstock Corp now owns 120,238 shares of the enterprise software provider's stock valued at $26,288,000 after buying an additional 1,720 shares during the last quarter. Finally, Veracity Capital LLC increased its position in shares of Oracle by 9.3% in the 2nd quarter. Veracity Capital LLC now owns 1,839 shares of the enterprise software provider's stock valued at $402,000 after acquiring an additional 156 shares during the period. Hedge funds and other institutional investors own 42.44% of the company's stock.

Insider Activity

In other Oracle news, Director William G. Parrett sold 11,500 shares of Oracle stock in a transaction on Friday, September 12th. The stock was sold at an average price of $306.00, for a total value of $3,519,000.00. Following the sale, the director owned 17,764 shares in the company, valued at $5,435,784. The trade was a 39.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Rona Alison Fairhead purchased 480 shares of the stock in a transaction dated Monday, July 7th. The shares were acquired at an average price of $233.87 per share, with a total value of $112,257.60. Following the completion of the acquisition, the director owned 22,110 shares in the company, valued at approximately $5,170,865.70. This trade represents a 2.22% increase in their position. The disclosure for this purchase can be found here. In the last quarter, insiders have sold 78,247 shares of company stock worth $22,090,505. 42.20% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on ORCL. Barclays raised their price objective on Oracle from $221.00 to $281.00 and gave the stock an "overweight" rating in a research note on Monday, September 8th. The Goldman Sachs Group upped their price target on shares of Oracle from $195.00 to $310.00 and gave the company a "neutral" rating in a report on Monday, September 15th. BMO Capital Markets set a $345.00 price objective on Oracle in a report on Wednesday, September 10th. Sanford C. Bernstein reissued an "outperform" rating on shares of Oracle in a report on Thursday, September 11th. Finally, KeyCorp upped their price objective on Oracle from $200.00 to $225.00 and gave the stock an "overweight" rating in a research report on Thursday, June 12th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $303.44.

Oracle Trading Up 4.2%

Oracle stock traded up $12.56 during trading on Friday, reaching $309.18. 40,475,718 shares of the company were exchanged, compared to its average volume of 28,056,660. The stock's 50 day simple moving average is $251.63 and its two-hundred day simple moving average is $195.16. The company has a market capitalization of $878.60 billion, a P/E ratio of 71.57, a PEG ratio of 3.21 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 Corporation has a 52-week low of $118.86 and a 52-week high of $345.72.

Oracle (NYSE:ORCL - Get Free Report) last issued its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share (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 analyst estimates of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.The firm's revenue was up 12.2% compared to the same quarter last year. During the same period last year, the business earned $1.39 earnings per share. 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 fiscal year.

Oracle Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th will be issued a dividend of $0.50 per share. The ex-dividend date is Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.6%. Oracle's dividend payout ratio (DPR) is currently 46.30%.

Oracle Company 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.