Gilman Hill Asset Management LLC Takes $389,000 Position in Oracle Corporation $ORCL

Gilman Hill Asset Management LLC purchased a new position in shares of Oracle Corporation (NYSE:ORCL) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 1,780 shares of the enterprise software provider’s stock, valued at approximately $389,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Harel Insurance Investments & Financial Services Ltd. lifted its holdings in shares of Oracle by 71.6% during the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 257,378 shares of the enterprise software provider’s stock worth $35,984,000 after buying an additional 107,404 shares in the last quarter. Lockheed Martin Investment Management Co. lifted its holdings in shares of Oracle by 4.3% during the first quarter. Lockheed Martin Investment Management Co. now owns 51,350 shares of the enterprise software provider’s stock worth $7,179,000 after buying an additional 2,110 shares in the last quarter. Strs Ohio acquired a new stake in shares of Oracle during the first quarter worth $108,572,000. CBM Financial LLC acquired a new stake in shares of Oracle during the first quarter worth $356,000. Finally, Paladin Wealth LLC acquired a new stake in shares of Oracle during the second quarter worth $204,000. 42.44% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have recently weighed in on ORCL. Evercore ISI lifted their target price on Oracle from $270.00 to $340.00 and gave the stock an “outperform” rating in a report on Wednesday, September 10th. Royal Bank Of Canada lifted their price objective on Oracle from $145.00 to $195.00 and gave the company a “sector perform” rating in a report on Thursday, June 12th. KeyCorp lifted their price objective on Oracle from $200.00 to $225.00 and gave the company an “overweight” rating in a report on Thursday, June 12th. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Oracle in a report on Wednesday, June 18th. Finally, UBS Group set a $300.00 price objective on Oracle in a report on Wednesday, September 10th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat, Oracle has an average rating of “Moderate Buy” and an average target price of $303.44.

Oracle Trading Down 1.6%

Shares of ORCL stock opened at $301.64 on Thursday. The stock has a market cap of $857.17 billion, a price-to-earnings ratio of 69.82, a PEG ratio of 3.31 and a beta of 1.46. The stock has a 50-day moving average of $248.83 and a 200-day moving average of $193.18. 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 1-year low of $118.86 and a 1-year high of $345.72.

Oracle (NYSE:ORCL) last issued its quarterly 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). Oracle had a net margin of 21.08% and a return on equity of 72.93%. The company had revenue of $14.93 billion during the quarter, compared to analyst estimates of $15.04 billion. During the same period in the previous year, the company posted $1.39 EPS. The company’s quarterly revenue was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, equities research analysts forecast that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Investors 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 annualized dividend and a dividend yield of 0.7%. Oracle’s dividend payout ratio is presently 46.30%.

Insider Activity at Oracle

In other Oracle news, insider Michael D. Sicilia sold 16,323 shares of the stock in a transaction that occurred 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 owned 110,094 shares in the company, valued at approximately $34,525,478.40. This represents a 12.91% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Naomi O. Seligman sold 3,303 shares of the stock in a transaction that occurred on Wednesday, July 16th. The stock was sold at an average price of $233.32, for a total value of $770,655.96. Following the completion of the transaction, the director owned 31,447 shares in the company, valued at approximately $7,337,214.04. The trade was a 9.51% 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 over the last quarter. 42.20% of the stock is owned by company insiders.

Oracle 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.