Callan Family Office LLC Increases Stake in Oracle Corporation $ORCL

Key Points

• Callan Family Office LLC increased its stake in Oracle Corporation by 93.8%, acquiring a total of 43,906 shares valued at $9.6 million after purchasing an additional 21,247 shares in the second quarter.
• The company announced a quarterly dividend of $0.50 per share, which will be paid on October 23rd, reflecting an annualized yield of 0.7%.
• Oracle's latest earnings report showed a net income margin of 21.08%, with quarterly revenue of $14.93 billion, though it fell short of analysts' expectations by $110 million.

Callan Family Office LLC lifted its stake in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 93.8% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 43,906 shares of the enterprise software provider's stock after buying an additional 21,247 shares during the quarter. Callan Family Office LLC's holdings in Oracle were worth $9,599,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of ORCL. Redmont Wealth Advisors LLC bought a new stake in Oracle during the first quarter worth about $27,000. Inlight Wealth Management LLC bought a new stake in Oracle during the first quarter worth about $28,000. Iron Horse Wealth Management LLC boosted its stake in Oracle by 284.9% during the first quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider's stock worth $29,000 after acquiring an additional 151 shares in the last quarter. Legend Financial Advisors Inc. bought a new stake in Oracle during the second quarter worth about $34,000. Finally, HighMark Wealth Management LLC bought a new stake in Oracle during the second quarter worth about $38,000. Institutional investors own 42.44% of the company's stock.

Oracle Stock Up 2.9%

ORCL opened at $296.95 on Friday. Oracle Corporation has a twelve month low of $118.86 and a twelve month high of $345.72. The stock has a market capitalization of $846.54 billion, a price-to-earnings ratio of 68.74, a PEG ratio of 3.11 and a beta of 1.53. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 3.33. The firm has a 50 day moving average price of $265.72 and a 200-day moving average price of $208.90.

Oracle (NYSE:ORCL - Get Free Report) last announced its 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). Oracle had a net margin of 21.08% and a return on equity of 72.93%. The business had revenue of $14.93 billion for the quarter, compared to analysts' expectations of $15.04 billion. During the same period in the prior year, the company posted $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. Equities research analysts forecast that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Dividend Announcement

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

Analysts Set New Price Targets

Several equities research analysts recently commented on the stock. Robert W. Baird initiated coverage on shares of Oracle in a research note on Wednesday. They set an "outperform" rating and a $365.00 price objective on the stock. Rothschild & Co Redburn initiated coverage on shares of Oracle in a research note on Thursday, September 25th. They issued a "sell" rating and a $175.00 target price on the stock. Oppenheimer reiterated an "outperform" rating on shares of Oracle in a research note on Wednesday, June 18th. Melius Research upped their target price on shares of Oracle from $270.00 to $370.00 and gave the stock a "buy" rating in a research note on Wednesday, September 10th. Finally, BNP Paribas set a $377.00 target price on shares of Oracle in a research note on Wednesday, September 10th. Two analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $306.43.

Insider Buying and Selling at Oracle

In other Oracle news, insider Clayton M. Magouyrk sold 21,241 shares of the company's stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $297.11, for a total transaction of $6,310,913.51. Following the completion of the sale, the insider directly owned 78,000 shares of the company's stock, valued at approximately $23,174,580. This represents a 21.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Naomi O. Seligman sold 2,222 shares of the company's stock in a transaction that occurred on Friday, September 26th. The shares were sold at an average price of $288.91, for a total transaction of $641,958.02. Following the sale, the director directly owned 29,225 shares of the company's stock, valued at approximately $8,443,394.75. This represents a 7.07% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 104,314 shares of company stock valued at $31,272,223 in the last ninety days. Corporate insiders own 40.90% of the company's stock.

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.

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