Forza Wealth Management LLC Raises Stake in Oracle Corporation $ORCL

Forza Wealth Management LLC raised its stake in Oracle Corporation (NYSE:ORCLFree Report) by 7.1% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 4,472 shares of the enterprise software provider’s stock after purchasing an additional 298 shares during the quarter. Forza Wealth Management LLC’s holdings in Oracle were worth $978,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Legend Financial Advisors Inc. bought a new stake in Oracle in the second quarter valued at approximately $34,000. Redmont Wealth Advisors LLC bought a new stake in Oracle in the first quarter valued at approximately $27,000. Inlight Wealth Management LLC bought a new stake in Oracle in the first quarter valued at approximately $28,000. Iron Horse Wealth Management LLC lifted its position in Oracle by 284.9% in the first quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider’s stock valued at $29,000 after purchasing an additional 151 shares during the last quarter. Finally, Family Legacy Financial Solutions LLC bought a new stake in Oracle in the second quarter valued at approximately $60,000. Institutional investors own 42.44% of the company’s stock.

Insiders Place Their Bets

In other news, EVP Maria Smith sold 10,000 shares of the firm’s stock in a transaction on Thursday, July 3rd. The stock was sold at an average price of $232.99, for a total transaction of $2,329,900.00. Following the completion of the transaction, the executive vice president directly owned 40,807 shares in the company, valued at $9,507,622.93. This trade represents a 19.68% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Naomi O. Seligman sold 3,303 shares of the firm’s stock in a transaction on Wednesday, July 16th. The shares were sold at an average price of $233.32, for a total value of $770,655.96. Following the transaction, the director owned 31,447 shares of the company’s stock, valued at $7,337,214.04. The trade was a 9.51% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 114,314 shares of company stock valued at $33,602,123 in the last 90 days. Corporate insiders own 42.20% of the company’s stock.

Oracle Price Performance

ORCL opened at $281.01 on Wednesday. The stock has a fifty day simple moving average of $259.82 and a two-hundred day simple moving average of $202.64. 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 has a market cap of $801.10 billion, a price-to-earnings ratio of 65.05, a price-to-earnings-growth ratio of 3.04 and a beta of 1.46. Oracle Corporation has a 12-month low of $118.86 and a 12-month high of $345.72.

Oracle (NYSE:ORCLGet Free Report) last posted its quarterly earnings data on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.01). The firm 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%.Oracle’s revenue for the quarter was up 12.2% compared to the same quarter last year. During the same quarter last year, the company posted $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Research analysts predict that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th will be issued a $0.50 dividend. 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%.

Analysts Set New Price Targets

Several brokerages have weighed in on ORCL. Piper Sandler boosted their price objective on Oracle from $270.00 to $330.00 and gave the company an “overweight” rating in a research report on Wednesday, September 10th. Wolfe Research upped their target price on Oracle from $300.00 to $400.00 and gave the company an “outperform” rating in a report on Wednesday, September 10th. Berenberg Bank upped their target price on Oracle from $202.00 to $306.00 and gave the company a “hold” rating in a report on Monday, September 15th. DA Davidson upped their target price on Oracle from $220.00 to $300.00 and gave the company a “neutral” rating in a report on Wednesday, September 10th. Finally, Cantor Fitzgerald upped their target price on Oracle from $271.00 to $400.00 and gave the company an “overweight” rating in a report on Wednesday, September 10th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, nine have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, Oracle presently has a consensus rating of “Moderate Buy” and a consensus price target of $304.71.

Check Out Our Latest Stock Report on Oracle

About Oracle

(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:ORCLFree Report).

Institutional Ownership by Quarter for Oracle (NYSE:ORCL)

Receive News & Ratings for Oracle Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oracle and related companies with MarketBeat.com's FREE daily email newsletter.