Monetta Financial Services Inc. Raises Stock Position in Oracle Corporation $ORCL

Monetta Financial Services Inc. grew its stake in shares of Oracle Corporation (NYSE:ORCL) by 75.0% in the second quarter, Holdings Channel.com reports. The fund owned 7,000 shares of the enterprise software provider’s stock after purchasing an additional 3,000 shares during the period. Oracle makes up about 1.1% of Monetta Financial Services Inc.’s holdings, making the stock its 23rd largest holding. Monetta Financial Services Inc.’s holdings in Oracle were worth $1,530,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. ABN Amro Investment Solutions purchased a new stake in shares of Oracle during the second quarter worth about $45,502,000. EagleClaw Capital Managment LLC boosted its position in Oracle by 3.8% during the second quarter. EagleClaw Capital Managment LLC now owns 61,097 shares of the enterprise software provider’s stock worth $13,358,000 after acquiring an additional 2,225 shares during the last quarter. Candriam S.C.A. grew its stake in Oracle by 31.2% in the 2nd quarter. Candriam S.C.A. now owns 155,363 shares of the enterprise software provider’s stock worth $33,968,000 after acquiring an additional 36,975 shares during the period. Police & Firemen s Retirement System of New Jersey raised its holdings in Oracle by 8.1% in the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 251,470 shares of the enterprise software provider’s stock valued at $54,979,000 after acquiring an additional 18,851 shares during the last quarter. Finally, Bailard Inc. lifted its stake in shares of Oracle by 5.3% during the 2nd quarter. Bailard Inc. now owns 80,982 shares of the enterprise software provider’s stock worth $17,705,000 after purchasing an additional 4,100 shares during the period. Institutional investors and hedge funds own 42.44% of the company’s stock.

Oracle Stock Performance

Shares of ORCL stock opened at $226.66 on Thursday. The company’s fifty day simple moving average is $279.89 and its 200-day simple moving average is $232.67. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.33. Oracle Corporation has a 52 week low of $118.86 and a 52 week high of $345.72. The company has a market cap of $646.16 billion, a PE ratio of 52.47, a P/E/G ratio of 2.96 and a beta of 1.51.

Oracle (NYSE:ORCL) last announced its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share 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 analysts’ expectations 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 quarter last year, the company posted $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, equities research analysts anticipate that Oracle Corporation will post 5 EPS for the current year.

Oracle Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th were paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Thursday, October 9th. Oracle’s dividend payout ratio is 46.30%.

Analysts Set New Price Targets

ORCL has been the subject of several analyst reports. Stifel Nicolaus upped their target price on Oracle from $250.00 to $350.00 and gave the company a “buy” rating in a research note on Wednesday, September 10th. Stephens lifted their price target on Oracle from $208.00 to $331.00 and gave the company an “equal weight” rating in a report on Friday, October 17th. JMP Securities reiterated a “market outperform” rating and set a $342.00 price objective on shares of Oracle in a report on Friday, October 17th. Piper Sandler raised their target price on shares of Oracle from $330.00 to $380.00 and gave the stock an “overweight” rating in a research report on Friday, October 17th. Finally, Mizuho upped their price target on shares of Oracle from $300.00 to $350.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 10th. Three research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Oracle currently has an average rating of “Moderate Buy” and an average price target of $323.69.

Insider Buying and Selling at Oracle

In related news, Director William G. Parrett sold 11,500 shares of Oracle stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $306.00, for a total value of $3,519,000.00. Following the completion of the transaction, the director directly owned 17,764 shares in the company, valued at approximately $5,435,784. This trade represents a 39.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Clayton M. Magouyrk sold 40,000 shares of the business’s stock in a transaction dated Tuesday, October 21st. The shares were sold at an average price of $276.64, for a total value of $11,065,600.00. Following the completion of the sale, the chief executive officer directly owned 154,030 shares of the company’s stock, valued at approximately $42,610,859.20. This represents a 20.62% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 204,254 shares of company stock valued at $60,227,807. 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.