Hilltop National Bank purchased a new position in Oracle Corporation (NYSE:ORCL - Free Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund purchased 8,978 shares of the enterprise software provider's stock, valued at approximately $1,963,000.
Several other institutional investors also recently added to or reduced their stakes in the business. Harel Insurance Investments & Financial Services Ltd. increased its position 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 valued at $35,984,000 after purchasing an additional 107,404 shares during the period. Lockheed Martin Investment Management Co. increased its position 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 valued at $7,179,000 after purchasing an additional 2,110 shares during the period. Lockerman Financial Group Inc. bought a new stake in shares of Oracle during the second quarter valued at approximately $328,000. Elser Financial Planning Inc bought a new stake in shares of Oracle during the second quarter valued at approximately $1,066,000. Finally, Canoe Financial LP increased its position in shares of Oracle by 314.8% during the second quarter. Canoe Financial LP now owns 484,098 shares of the enterprise software provider's stock valued at $105,838,000 after purchasing an additional 367,400 shares during the period. 42.44% of the stock is owned by institutional investors.
Oracle Price Performance
Oracle stock opened at $289.18 on Friday. The company has a debt-to-equity ratio of 3.33, a quick ratio of 0.62 and a current ratio of 0.62. The firm has a market cap of $824.39 billion, a P/E ratio of 66.94, a P/E/G ratio of 3.11 and a beta of 1.53. The business's fifty day moving average is $261.71 and its two-hundred day moving average is $204.17. Oracle Corporation has a 52 week low of $118.86 and a 52 week high of $345.72.
Oracle (NYSE:ORCL - Get Free Report) last posted its quarterly earnings data 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 analyst estimates of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.Oracle's revenue for the quarter was up 12.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Equities research analysts forecast that Oracle Corporation will post 5 earnings per share for the current fiscal year.
Oracle Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th will be paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, October 9th. Oracle's dividend payout ratio is 46.30%.
Insider Buying and Selling at Oracle
In other news, insider Michael D. Sicilia sold 33,845 shares of the company's stock in a transaction on Tuesday, September 23rd. The stock was sold at an average price of $321.16, for a total transaction of $10,869,660.20. Following the transaction, the insider owned 132,656 shares of the company's stock, valued at $42,603,800.96. This represents a 20.33% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Clayton M. Magouyrk sold 21,241 shares of the company's stock in a transaction on Friday, September 12th. The shares were sold at an average price of $297.11, for a total value of $6,310,913.51. Following the transaction, the insider directly owned 78,000 shares in the company, valued at $23,174,580. This trade represents a 21.40% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 104,314 shares of company stock valued at $31,272,223 over the last ninety days. Company insiders own 42.20% of the company's stock.
Wall Street Analyst Weigh In
A number of analysts have recently issued reports on ORCL shares. BMO Capital Markets set a $345.00 price objective on Oracle in a research report on Wednesday, September 10th. Evercore ISI boosted their price target on Oracle from $270.00 to $340.00 and gave the company an "outperform" rating in a research note on Wednesday, September 10th. Royal Bank Of Canada boosted their price target on Oracle from $145.00 to $195.00 and gave the company a "sector perform" rating in a research note on Thursday, June 12th. Loop Capital set a $135.00 price target on Oracle in a research note on Tuesday, June 10th. Finally, Raymond James Financial reaffirmed a "strong-buy" rating on shares of Oracle in a research note on Wednesday, June 18th. Two analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $304.71.
Check Out Our Latest Report on Oracle
Oracle Profile
(
Free Report)
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.
Further Reading
Want to see what other hedge funds are holding ORCL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Oracle Corporation (NYSE:ORCL - Free Report).

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