Hill Island Financial LLC Makes New Investment in Oracle Corporation $ORCL

Key Points

• Hill Island Financial LLC acquired a new stake in Oracle Corporation, purchasing 1,169 shares valued at approximately $256,000 during the 2nd quarter.
• Analysts have raised their target prices for Oracle, with Stifel Nicolaus setting a new target of $350.00 and Cantor Fitzgerald increasing theirs to $400.00, reflecting strong buy sentiments.
• Oracle declared a quarterly dividend of $0.50 per share, to be paid on October 23rd, resulting in an annualized dividend yield of 0.7%.

Hill Island Financial LLC acquired a new stake in shares of Oracle Corporation (NYSE:ORCL - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,169 shares of the enterprise software provider's stock, valued at approximately $256,000.

Other institutional investors also recently modified their holdings of the company. Redmont Wealth Advisors LLC purchased a new position in Oracle during the 1st quarter valued at $27,000. Inlight Wealth Management LLC bought a new stake in shares of Oracle during the 1st quarter valued at about $28,000. Iron Horse Wealth Management LLC increased its position in shares of Oracle by 284.9% during the first quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider's stock valued at $29,000 after buying an additional 151 shares during the period. Legend Financial Advisors Inc. bought a new position in Oracle in the second quarter worth about $34,000. Finally, HighMark Wealth Management LLC purchased a new stake in Oracle in the second quarter worth about $38,000. 42.44% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

ORCL has been the subject of several research reports. Stifel Nicolaus increased their target price on Oracle from $250.00 to $350.00 and gave the stock a "buy" rating in a research report on Wednesday, September 10th. Cantor Fitzgerald increased their price objective on Oracle from $271.00 to $400.00 and gave the stock an "overweight" rating in a report on Wednesday, September 10th. JPMorgan Chase & Co. boosted their target price on shares of Oracle from $185.00 to $210.00 and gave the company a "neutral" rating in a report on Monday, September 8th. TD Cowen increased their price target on shares of Oracle from $325.00 to $375.00 and gave the stock a "buy" rating in a research note on Wednesday, September 10th. Finally, DA Davidson lifted their price target on shares of Oracle from $220.00 to $300.00 and gave the company a "neutral" rating in a research report on Wednesday, September 10th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $304.71.

Insider Transactions at Oracle

In other news, Director William G. Parrett sold 11,500 shares of the business's stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $306.00, for a total transaction of $3,519,000.00. Following the completion of the transaction, the director directly owned 17,764 shares of the company's stock, valued at $5,435,784. The trade was 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 available at the SEC website. Also, Director Naomi O. Seligman sold 2,222 shares of the firm's stock in a transaction that occurred on Friday, September 26th. The stock was sold at an average price of $288.91, for a total transaction of $641,958.02. Following the completion of the sale, the director owned 29,225 shares in the company, valued at $8,443,394.75. This represents 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 valued at $31,272,223. Company insiders own 42.20% of the company's stock.

Oracle Price Performance

Shares of NYSE ORCL opened at $286.23 on Friday. The firm has a market cap of $815.99 billion, a P/E ratio of 66.26, a PEG ratio of 3.08 and a beta of 1.53. Oracle Corporation has a twelve month low of $118.86 and a twelve month high of $345.72. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 3.33. The company has a 50 day moving average of $262.53 and a 200 day moving average of $205.48.

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 analysts' consensus estimates of $1.48 by ($0.01). The business had revenue of $14.93 billion during the quarter, compared to the consensus estimate 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 period in the previous year, the business posted $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, research analysts expect that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th will be issued 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 of this dividend is Thursday, October 9th. Oracle's dividend payout ratio (DPR) is presently 46.30%.

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.

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