Hill Island Financial LLC Buys New Position in Oracle Corporation $ORCL

Hill Island Financial LLC purchased a new position in Oracle Corporation (NYSE:ORCL) during the 2nd quarter, Holdings Channel reports. The fund purchased 1,169 shares of the enterprise software provider’s stock, valued at approximately $256,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Nuveen LLC purchased a new stake in Oracle in the first quarter worth about $732,692,000. Vanguard Group Inc. lifted its position in shares of Oracle by 2.2% during the 1st quarter. Vanguard Group Inc. now owns 160,925,413 shares of the enterprise software provider’s stock valued at $22,498,982,000 after buying an additional 3,513,464 shares in the last quarter. Kingstone Capital Partners Texas LLC bought a new position in shares of Oracle during the 2nd quarter valued at approximately $731,512,000. Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in Oracle by 79.2% in the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 4,638,951 shares of the enterprise software provider’s stock worth $648,572,000 after acquiring an additional 2,049,687 shares in the last quarter. Finally, Assenagon Asset Management S.A. raised its stake in Oracle by 840.7% during the 2nd quarter. Assenagon Asset Management S.A. now owns 2,119,473 shares of the enterprise software provider’s stock worth $463,380,000 after acquiring an additional 1,894,157 shares during the period. Hedge funds and other institutional investors own 42.44% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. Royal Bank Of Canada upped their price target on shares of Oracle from $145.00 to $195.00 and gave the stock a “sector perform” rating in a research report on Thursday, June 12th. Sanford C. Bernstein upped their target price on shares of Oracle from $363.00 to $364.00 and gave the stock an “outperform” rating in a report on Friday, September 26th. Barclays raised their price target on Oracle from $221.00 to $281.00 and gave the company an “overweight” rating in a report on Monday, September 8th. CIBC restated a “buy” rating on shares of Oracle in a research report on Monday, June 9th. Finally, Roth Capital reiterated a “hold” rating on shares of Oracle in a research report on Wednesday, June 18th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, ten have given a Hold rating and two have given 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 $304.71.

Insiders Place Their Bets

In other news, insider Clayton M. Magouyrk sold 21,241 shares of Oracle stock in a transaction that occurred 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 completion of the transaction, the insider owned 78,000 shares in the company, valued at approximately $23,174,580. The trade was a 21.40% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Naomi O. Seligman sold 2,222 shares of the stock in a transaction on Friday, September 26th. The shares were sold at an average price of $288.91, for a total value of $641,958.02. Following the sale, the director owned 29,225 shares in the company, valued at $8,443,394.75. The trade was a 7.07% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 104,314 shares of company stock worth $31,272,223. 42.20% of the stock is currently owned by company insiders.

Oracle Stock Performance

NYSE:ORCL opened at $286.23 on Friday. The company has a market cap of $815.99 billion, a price-to-earnings ratio of 66.26, a PEG ratio of 3.08 and a beta of 1.53. Oracle Corporation has a 1 year low of $118.86 and a 1 year high of $345.72. The stock’s 50 day simple moving average is $262.53 and its two-hundred day simple moving average is $205.48. The company has a debt-to-equity ratio of 3.33, a current ratio of 0.62 and a quick ratio of 0.62.

Oracle (NYSE:ORCL) last posted its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.01). The business 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%. The company’s revenue for the quarter was up 12.2% compared to the same quarter last year. During the same period last year, the business posted $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, equities analysts anticipate that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Dividend Announcement

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

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.