ACT Advisors LLC. Invests $216,000 in Oracle Corporation $ORCL

Key Points

• ACT Advisors LLC. invested approximately $216,000 in Oracle Corporation, acquiring 990 shares during the second quarter.
• Oracle's stock recently increased by 6.6%, with a current market cap of $935.21 billion and a PE ratio of 76.18.
• The company announced a quarterly dividend of $0.50 per share, with a payout ratio of 46.30%, to be paid on October 23rd.

ACT Advisors LLC. acquired a new stake in shares of Oracle Corporation (NYSE:ORCL - Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 990 shares of the enterprise software provider's stock, valued at approximately $216,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Redmont Wealth Advisors LLC bought a new stake in Oracle during the 1st quarter valued at about $27,000. Inlight Wealth Management LLC bought a new stake in Oracle during the 1st quarter valued at about $28,000. Iron Horse Wealth Management LLC lifted its holdings in Oracle by 284.9% during the 1st 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 in the last quarter. Family Legacy Financial Solutions LLC bought a new stake in Oracle during the 2nd quarter valued at about $60,000. Finally, Graybill Wealth Management LTD. purchased a new position in Oracle during the 1st quarter valued at about $39,000. Institutional investors own 42.44% of the company's stock.

Oracle Stock Up 6.6%

NYSE:ORCL opened at $329.10 on Tuesday. The company has a market cap of $935.21 billion, a PE ratio of 76.18, a P/E/G ratio of 3.34 and a beta of 1.46. Oracle Corporation has a twelve month low of $118.86 and a twelve month high of $345.72. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.33. The company's 50 day moving average is $253.63 and its two-hundred day moving average is $196.92.

Oracle (NYSE:ORCL - Get Free Report) last released 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 company had revenue of $14.93 billion for the quarter, compared to analysts' expectations 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 prior year, the firm posted $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Analysts anticipate that Oracle Corporation will post 5 EPS for the current year.

Oracle Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 23rd. Shareholders 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 yield of 0.6%. The ex-dividend date is Thursday, October 9th. Oracle's payout ratio is presently 46.30%.

Insider Buying and Selling at Oracle

In other Oracle news, Director William G. Parrett sold 11,500 shares of Oracle 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 sale, the director directly owned 17,764 shares in the company, valued at approximately $5,435,784. The trade was a 39.30% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Michael D. Sicilia sold 16,323 shares of Oracle stock in a transaction that occurred on Tuesday, September 16th. The shares were sold at an average price of $313.60, for a total transaction of $5,118,892.80. Following the sale, the insider owned 110,094 shares of the company's stock, valued at approximately $34,525,478.40. The trade was a 12.91% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 78,247 shares of company stock worth $22,090,505. Corporate insiders own 42.20% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have commented on ORCL. Cowen reissued a "buy" rating and set a $375.00 target price on shares of Oracle in a research report on Wednesday, September 10th. Westpark Capital raised their target price on shares of Oracle from $195.00 to $246.00 and gave the company a "buy" rating in a research report on Thursday, June 12th. JPMorgan Chase & Co. raised their target price on shares of Oracle from $185.00 to $210.00 and gave the company a "neutral" rating in a research report on Monday, September 8th. Morgan Stanley raised their target price on shares of Oracle from $175.00 to $246.00 and gave the company an "equal weight" rating in a research report on Monday, September 8th. Finally, Sanford C. Bernstein reissued an "outperform" rating on shares of Oracle in a research report on Thursday, September 11th. Two analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $303.44.

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.

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