Oracle Corporation $ORCL Shares Bought by Calamos Wealth Management LLC

Key Points

• Calamos Wealth Management LLC increased its holdings in Oracle Corporation by 6.1%, owning 97,515 shares worth approximately $21.32 million, making it the 23rd largest position in their portfolio.
• Oracle's Q2 earnings report showed earnings per share of $1.47, missing estimates, while revenue was $14.93 billion, also below expectations, indicating a 12.2% year-over-year increase.
• The company announced a quarterly dividend of $0.50 per share with an annualized yield of 0.7%, to be paid on October 23rd to shareholders of record on October 9th.

Calamos Wealth Management LLC grew its holdings in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 6.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 97,515 shares of the enterprise software provider's stock after purchasing an additional 5,625 shares during the quarter. Oracle makes up about 0.9% of Calamos Wealth Management LLC's portfolio, making the stock its 23rd biggest holding. Calamos Wealth Management LLC's holdings in Oracle were worth $21,320,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Harel Insurance Investments & Financial Services Ltd. boosted its position in shares of Oracle by 71.6% during the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 257,378 shares of the enterprise software provider's stock valued at $35,984,000 after acquiring an additional 107,404 shares during the last quarter. Lockheed Martin Investment Management Co. boosted its position in shares of Oracle by 4.3% during the 1st quarter. Lockheed Martin Investment Management Co. now owns 51,350 shares of the enterprise software provider's stock valued at $7,179,000 after acquiring an additional 2,110 shares during the last quarter. Private Wealth Asset Management LLC boosted its position in shares of Oracle by 9.2% during the 2nd quarter. Private Wealth Asset Management LLC now owns 3,817 shares of the enterprise software provider's stock valued at $835,000 after acquiring an additional 321 shares during the last quarter. Cascade Investment Group Inc. acquired a new position in shares of Oracle during the 2nd quarter valued at about $239,000. Finally, Lockerman Financial Group Inc. acquired a new position in shares of Oracle during the 2nd quarter valued at about $328,000. Institutional investors and hedge funds own 42.44% of the company's stock.

Oracle Stock Down 6.7%

Shares of NYSE:ORCL opened at $291.95 on Friday. The company has a debt-to-equity ratio of 3.33, a current ratio of 0.62 and a quick ratio of 0.62. The firm has a market capitalization of $832.28 billion, a PE ratio of 67.58, a price-to-earnings-growth ratio of 3.13 and a beta of 1.53. The firm's 50-day moving average is $271.71 and its two-hundred day moving average is $215.85. Oracle Corporation has a 1 year low of $118.86 and a 1 year high of $345.72.

Oracle (NYSE:ORCL - Get Free Report) last issued its quarterly 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 business had revenue of $14.93 billion for the quarter, compared to analysts' expectations 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% on a year-over-year basis. During the same quarter last year, the company earned $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Analysts predict that Oracle Corporation will post 5 EPS for the current year.

Oracle Dividend Announcement

The company also recently announced 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. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Thursday, October 9th. Oracle's dividend payout ratio is presently 46.30%.

Insider Activity

In related news, insider Michael D. Sicilia sold 33,845 shares of the company's stock in a transaction that occurred on Tuesday, September 23rd. The shares were sold at an average price of $321.16, for a total transaction of $10,869,660.20. Following the sale, the insider directly owned 132,656 shares in the company, valued at approximately $42,603,800.96. This represents a 20.33% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director William G. Parrett sold 11,500 shares of the company's stock in a transaction that occurred on 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 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 disclosure for this sale can be found here. In the last three months, insiders sold 120,769 shares of company stock valued at $36,428,967. 40.90% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

ORCL has been the topic of several research analyst reports. Barclays boosted their price objective on shares of Oracle from $367.00 to $400.00 and gave the company an "overweight" rating in a report on Friday. Morgan Stanley boosted their price objective on shares of Oracle from $246.00 to $320.00 and gave the company an "equal weight" rating in a report on Tuesday, September 23rd. TD Cowen boosted their price objective on shares of Oracle from $325.00 to $375.00 and gave the company a "buy" rating in a report on Wednesday, September 10th. Citigroup restated a "buy" rating on shares of Oracle in a report on Friday, October 10th. Finally, Piper Sandler boosted their price objective on shares of Oracle from $330.00 to $380.00 and gave the company an "overweight" rating in a report on Friday. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $323.40.

About Oracle

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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