Scharf Investments LLC Has $193.11 Million Position in Oracle Corporation $ORCL

Key Points

• Scharf Investments LLC increased its stake in Oracle Corporation by 4.9%, acquiring an additional 41,475 shares during the second quarter, bringing their total ownership to 883,272 shares valued at approximately $193 million.
• Oracle's recent earnings report revealed $1.47 earnings per share, missing estimates slightly and displaying a 12.2% increase in revenue compared to the previous year.
• The company announced a quarterly dividend of $0.50 per share, with a payout ratio of 46.30%, indicating a dividend yield of 0.6%.

Scharf Investments LLC raised its holdings in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 4.9% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 883,272 shares of the enterprise software provider's stock after purchasing an additional 41,475 shares during the quarter. Oracle accounts for 5.6% of Scharf Investments LLC's portfolio, making the stock its 5th largest position. Scharf Investments LLC's holdings in Oracle were worth $193,113,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of ORCL. Vanguard Group Inc. grew its position in shares of Oracle by 2.2% in the 1st quarter. Vanguard Group Inc. now owns 160,925,413 shares of the enterprise software provider's stock worth $22,498,982,000 after acquiring an additional 3,513,464 shares in the last quarter. Northern Trust Corp raised its stake in Oracle by 0.6% during the 1st quarter. Northern Trust Corp now owns 19,741,423 shares of the enterprise software provider's stock valued at $2,760,048,000 after acquiring an additional 120,889 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Oracle by 0.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 13,884,524 shares of the enterprise software provider's stock worth $1,941,195,000 after buying an additional 59,164 shares in the last quarter. Amundi raised its stake in shares of Oracle by 3.3% in the 1st quarter. Amundi now owns 12,736,855 shares of the enterprise software provider's stock worth $1,749,280,000 after buying an additional 409,691 shares in the last quarter. Finally, Polen Capital Management LLC raised its position in shares of Oracle by 17.6% during the first quarter. Polen Capital Management LLC now owns 12,609,101 shares of the enterprise software provider's stock worth $1,762,878,000 after purchasing an additional 1,885,370 shares during the period. Institutional investors and hedge funds own 42.44% of the company's stock.

Oracle Stock Performance

NYSE:ORCL traded up $20.44 on Monday, hitting $329.10. The company's stock had a trading volume of 44,291,474 shares, compared to its average volume of 29,628,284. Oracle Corporation has a one year low of $118.86 and a one year high of $345.72. The stock has a fifty day moving average of $253.63 and a two-hundred day moving average of $196.92. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.33. The firm has a market capitalization of $935.21 billion, a P/E ratio of 76.18, a price-to-earnings-growth ratio of 3.34 and a beta of 1.46.

Oracle (NYSE:ORCL - Get Free Report) last posted 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 firm had revenue of $14.93 billion during the quarter, compared to analyst estimates of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. Oracle's revenue for the quarter was up 12.2% compared to the same quarter last year. During the same period in the previous year, the company posted $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 earnings per share for the current year.

Oracle Announces Dividend

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 $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Thursday, October 9th. Oracle's dividend payout ratio (DPR) is currently 46.30%.

Insider Activity at Oracle

In other news, insider Clayton M. Magouyrk sold 21,241 shares of the business's stock in a transaction on Friday, September 12th. The stock was sold at an average price of $297.11, for a total transaction of $6,310,913.51. Following the completion of the transaction, the insider owned 78,000 shares of the company's stock, valued at approximately $23,174,580. The trade was a 21.40% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Michael D. Sicilia sold 16,323 shares of the business's stock in a transaction on Tuesday, September 16th. The stock was sold at an average price of $313.60, for a total value of $5,118,892.80. Following the transaction, the insider directly owned 110,094 shares of the company's stock, valued at $34,525,478.40. This trade represents a 12.91% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 78,247 shares of company stock worth $22,090,505 in the last three months. Insiders own 42.20% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. Guggenheim lifted their price target on Oracle from $250.00 to $375.00 and gave the company a "buy" rating in a report on Wednesday, September 10th. Loop Capital set a $135.00 price target on Oracle in a report on Tuesday, June 10th. Evercore ISI boosted their target price on Oracle from $270.00 to $340.00 and gave the company an "outperform" rating in a research note on Wednesday, September 10th. Melius Research upped their target price on Oracle from $270.00 to $370.00 and gave the stock a "buy" rating in a research report on Wednesday, September 10th. Finally, BMO Capital Markets set a $345.00 target price on Oracle in a research report on Wednesday, September 10th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and nine have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $303.44.

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.