McAdam LLC Raises Stock Holdings in Oracle Corporation $ORCL

Key Points

• McAdam LLC increased its holdings in Oracle Corporation by 20.4% during the 2nd quarter, owning 9,530 shares valued at approximately $2,083,000.
• Oracle's recent earnings report showed an EPS miss at $1.47 compared to the consensus estimate of $1.48 and a revenue of $14.93 billion, slightly below expectations.
• Analysts have raised price targets for Oracle, with JMP Securities setting a target of $342 and Morgan Stanley increasing theirs to $320, maintaining a “Moderate Buy” consensus rating.

McAdam LLC boosted its holdings in Oracle Corporation (NYSE:ORCL - Free Report) by 20.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 9,530 shares of the enterprise software provider's stock after purchasing an additional 1,614 shares during the period. McAdam LLC's holdings in Oracle were worth $2,083,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Xcel Wealth Management LLC bought a new stake in shares of Oracle during the 2nd quarter worth $317,000. Riverbridge Partners LLC increased its holdings in Oracle by 199.8% during the second quarter. Riverbridge Partners LLC now owns 14,392 shares of the enterprise software provider's stock worth $3,147,000 after buying an additional 9,592 shares during the last quarter. Harrell Investment Partners LLC purchased a new stake in Oracle during the second quarter worth about $3,793,000. Missouri Trust & Investment Co raised its position in Oracle by 0.5% in the second quarter. Missouri Trust & Investment Co now owns 16,610 shares of the enterprise software provider's stock worth $3,631,000 after acquiring an additional 80 shares during the period. Finally, Clarus Group Inc. boosted its stake in Oracle by 4.7% in the second quarter. Clarus Group Inc. now owns 2,300 shares of the enterprise software provider's stock valued at $503,000 after acquiring an additional 103 shares during the last quarter. 42.44% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Oracle

In related news, insider Clayton M. Magouyrk sold 21,241 shares of the stock in a transaction on Friday, September 12th. The stock was sold at an average price of $297.11, for a total value of $6,310,913.51. Following the sale, the insider owned 78,000 shares in the company, valued at approximately $23,174,580. This trade represents a 21.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Rona Alison Fairhead acquired 480 shares of the company's stock in a transaction that occurred on Monday, July 7th. The shares were acquired at an average cost of $233.87 per share, with a total value of $112,257.60. Following the purchase, the director directly owned 22,110 shares of the company's stock, valued at $5,170,865.70. This trade represents a 2.22% increase in their position. The disclosure for this purchase can be found here. Insiders have sold a total of 112,092 shares of company stock worth $32,960,165 in the last ninety days. Insiders own 42.20% of the company's stock.

Analysts Set New Price Targets

Several brokerages have recently issued reports on ORCL. JMP Securities restated a "market outperform" rating and set a $342.00 price target on shares of Oracle in a research note on Wednesday. The Goldman Sachs Group increased their price objective on Oracle from $195.00 to $310.00 and gave the company a "neutral" rating in a report on Monday, September 15th. Morgan Stanley raised their target price on Oracle from $246.00 to $320.00 and gave the stock an "equal weight" rating in a research report on Tuesday. CIBC reaffirmed a "buy" rating on shares of Oracle in a research report on Monday, June 9th. Finally, Westpark Capital increased their price target on Oracle from $195.00 to $246.00 and gave the stock a "buy" rating in a research note on Thursday, June 12th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $305.75.

Oracle Stock Performance

NYSE:ORCL opened at $308.86 on Thursday. The company has a debt-to-equity ratio of 3.33, a quick ratio of 0.62 and a current ratio of 0.62. Oracle Corporation has a 52-week low of $118.86 and a 52-week high of $345.72. The firm has a market cap of $877.69 billion, a price-to-earnings ratio of 71.50, a PEG ratio of 3.39 and a beta of 1.46. The business's fifty day moving average is $256.58 and its 200 day moving average is $198.50.

Oracle (NYSE:ORCL - Get Free Report) last issued its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing the consensus estimate of $1.48 by ($0.01). The company had revenue of $14.93 billion during the quarter, compared to the consensus estimate of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.The firm's revenue for the quarter was up 12.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Research analysts predict that Oracle Corporation will post 5 EPS for the current year.

Oracle Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 23rd. Investors of record on Thursday, October 9th will be paid 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 0.6%. Oracle's payout ratio 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.

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