Thrivent Financial for Lutherans Increases Stake in Oracle Corporation $ORCL

Key Points

• Thrivent Financial for Lutherans increased its Oracle stake by 16.1% in the fourth quarter, buying 130,788 additional shares to bring its total to 944,129 shares worth about $184.1 million.
• Oracle has continued to draw bullish analyst and investor attention amid optimism around AI infrastructure, government and defense partnerships, and broader cloud demand. Several analysts raised price targets, with the consensus rating listed as Moderate Buy.
• The company reported better-than-expected quarterly results, with revenue up 21.7% year over year and EPS topping estimates, while also declaring a $0.50 quarterly dividend and guiding Q4 2026 EPS at 1.960-2.000.

Thrivent Financial for Lutherans increased its position in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 16.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 944,129 shares of the enterprise software provider's stock after buying an additional 130,788 shares during the period. Thrivent Financial for Lutherans' holdings in Oracle were worth $184,087,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Triton Wealth Management PLLC boosted its position in Oracle by 3.1% during the fourth quarter. Triton Wealth Management PLLC now owns 5,826 shares of the enterprise software provider's stock valued at $1,136,000 after purchasing an additional 177 shares in the last quarter. Meridian Financial Partners LLC boosted its position in Oracle by 2.1% during the fourth quarter. Meridian Financial Partners LLC now owns 7,200 shares of the enterprise software provider's stock valued at $1,403,000 after purchasing an additional 149 shares in the last quarter. ORBA Wealth Advisors L.L.C. bought a new stake in Oracle during the fourth quarter valued at about $214,000. Avantax Planning Partners Inc. boosted its position in Oracle by 5.9% during the fourth quarter. Avantax Planning Partners Inc. now owns 19,021 shares of the enterprise software provider's stock valued at $3,707,000 after purchasing an additional 1,062 shares in the last quarter. Finally, New York Life Investment Management LLC boosted its holdings in Oracle by 1.8% in the fourth quarter. New York Life Investment Management LLC now owns 231,074 shares of the enterprise software provider's stock worth $45,039,000 after acquiring an additional 4,162 shares in the last quarter. Institutional investors own 42.44% of the company's stock.

Oracle News Roundup

Here are the key news stories impacting Oracle this week:

• Positive Sentiment: Wedbush and other analysts reiterated a bullish view on Oracle, with fresh price targets above current levels and commentary that the market may be underestimating Oracle’s role in the next phase of AI infrastructure demand. Oracle's AI Infrastructure Bet Gains Support
• Positive Sentiment: Oracle is being highlighted for expanding its agentic AI push through U.S. defense partnerships, reinforcing the company’s AI relevance in mission-critical government and national security workloads. Oracle (ORCL) Expands Its Agentic AI Push Through U.S. Defense Partnerships
• Positive Sentiment: Social-media and trading chatter turned bullish after President Trump’s Q1 2026 disclosure showed a multimillion-dollar Oracle position, which investors read as an endorsement of Oracle’s cloud and AI infrastructure story. Oracle Stock (ORCL) Opinions on Trump’s Q1 2026 Trades Disclosure
• Positive Sentiment: Oracle’s latest board addition, Cleveland Clinic CEO Tomislav Mihaljevic, signals continued emphasis on healthcare growth and could strengthen Oracle’s push deeper into healthcare IT. Oracle adds Cleveland Clinic CEO to board of directors
• Neutral Sentiment: Oracle continues to win large government and enterprise contracts, and recent data showed more than $1.3 billion in award payments over the last year, supporting the long-term revenue base but not changing the near-term story by itself. Oracle Stock (ORCL) Opinions on Trump’s Q1 2026 Trades Disclosure
• Neutral Sentiment: Insider and congressional trading disclosures showed mixed signals, with insiders selling shares and lawmakers mostly selling as well, which may temper enthusiasm but is not the main driver today. Oracle Stock (ORCL) Opinions on Trump’s Q1 2026 Trades Disclosure
• Negative Sentiment: Some investors remain cautious about Oracle’s heavy spending on AI infrastructure and the company’s elevated leverage, raising questions about how quickly the AI push will convert into earnings. Oracle Solidifies AI Infrastructure Positioning: Will it Drive Growth?

Oracle Trading Up 3.0%

Oracle stock opened at $195.48 on Friday. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 3.66. Oracle Corporation has a 52 week low of $134.57 and a 52 week high of $345.72. The company has a market capitalization of $562.22 billion, a price-to-earnings ratio of 35.10, a price-to-earnings-growth ratio of 1.81 and a beta of 1.55. The stock has a 50-day moving average price of $162.15 and a 200 day moving average price of $182.85.

Oracle (NYSE:ORCL - Get Free Report) last released its earnings results on Tuesday, March 10th. The enterprise software provider reported $1.79 EPS for the quarter, topping analysts' consensus estimates of $1.71 by $0.08. Oracle had a return on equity of 62.70% and a net margin of 25.30%.The firm had revenue of $17.19 billion during the quarter, compared to the consensus estimate of $16.91 billion. During the same quarter in the previous year, the company posted $1.47 earnings per share. The company's revenue was up 21.7% compared to the same quarter last year. Oracle has set its Q4 2026 guidance at 1.960-2.000 EPS. Sell-side analysts anticipate that Oracle Corporation will post 6.08 EPS for the current year.

Oracle Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, April 24th. Investors of record on Thursday, April 9th were issued a dividend of $0.50 per share. The ex-dividend date of this dividend was Thursday, April 9th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.0%. Oracle's payout ratio is 35.91%.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. Wedbush raised their price target on Oracle from $225.00 to $275.00 and gave the stock an "outperform" rating in a report on Wednesday. Weiss Ratings downgraded Oracle from a "buy (b-)" rating to a "hold (c+)" rating in a report on Friday, January 23rd. Guggenheim reissued a "buy" rating and issued a $400.00 price target on shares of Oracle in a report on Friday, March 13th. Stephens reissued an "equal weight" rating and issued a $254.00 price target on shares of Oracle in a report on Tuesday, April 7th. Finally, Cantor Fitzgerald reissued an "overweight" rating and issued a $229.00 price target on shares of Oracle in a report on Wednesday, March 11th. 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. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $261.46.

Insider Activity at Oracle

In related news, EVP Stuart Levey sold 15,000 shares of Oracle stock in a transaction dated 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 sale, the executive vice president owned 3,429 shares of the company's stock, valued at $604,155.51. The trade was a 81.39% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 40.90% of the stock is owned by company insiders.

About Oracle

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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