Robeco Institutional Asset Management B.V. Acquires 345,791 Shares of Salesforce Inc. $CRM

Robeco Institutional Asset Management B.V. lifted its holdings in shares of Salesforce Inc. (NYSE:CRM) by 23.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,822,384 shares of the CRM provider’s stock after acquiring an additional 345,791 shares during the period. Salesforce makes up 0.8% of Robeco Institutional Asset Management B.V.’s holdings, making the stock its 15th biggest holding. Robeco Institutional Asset Management B.V.’s holdings in Salesforce were worth $496,946,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in CRM. Brighton Jones LLC boosted its holdings in Salesforce by 13.7% during the fourth quarter. Brighton Jones LLC now owns 25,668 shares of the CRM provider’s stock worth $8,582,000 after purchasing an additional 3,102 shares during the last quarter. Revolve Wealth Partners LLC boosted its holdings in Salesforce by 12.6% during the fourth quarter. Revolve Wealth Partners LLC now owns 1,827 shares of the CRM provider’s stock worth $611,000 after purchasing an additional 205 shares during the last quarter. Bison Wealth LLC boosted its holdings in Salesforce by 9.0% during the fourth quarter. Bison Wealth LLC now owns 2,234 shares of the CRM provider’s stock worth $747,000 after purchasing an additional 184 shares during the last quarter. Merit Financial Group LLC boosted its holdings in Salesforce by 30.5% during the first quarter. Merit Financial Group LLC now owns 25,546 shares of the CRM provider’s stock worth $6,856,000 after purchasing an additional 5,965 shares during the last quarter. Finally, RFG Advisory LLC boosted its holdings in Salesforce by 8.6% during the first quarter. RFG Advisory LLC now owns 13,202 shares of the CRM provider’s stock worth $3,543,000 after purchasing an additional 1,051 shares during the last quarter. 80.43% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Salesforce news, Director David Blair Kirk purchased 3,400 shares of the company’s stock in a transaction that occurred on Tuesday, September 9th. The shares were bought at an average cost of $254.66 per share, for a total transaction of $865,844.00. Following the purchase, the director owned 3,824 shares of the company’s stock, valued at $973,819.84. This represents a 801.89% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Marc Benioff sold 2,250 shares of the stock in a transaction that occurred on Monday, September 29th. The stock was sold at an average price of $244.53, for a total transaction of $550,192.50. Following the completion of the sale, the chief executive officer owned 11,911,571 shares in the company, valued at $2,912,736,456.63. This represents a 0.02% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 78,750 shares of company stock worth $19,825,358 over the last 90 days. 3.00% of the stock is currently owned by corporate insiders.

Salesforce Stock Performance

Shares of CRM stock opened at $235.72 on Thursday. The stock has a market capitalization of $224.40 billion, a P/E ratio of 34.26, a PEG ratio of 2.16 and a beta of 1.19. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.14. The firm’s 50 day moving average is $247.81 and its 200 day moving average is $260.87. Salesforce Inc. has a 12 month low of $226.48 and a 12 month high of $369.00.

Salesforce (NYSE:CRM) last announced its quarterly earnings results on Wednesday, September 3rd. The CRM provider reported $2.91 EPS for the quarter, beating analysts’ consensus estimates of $2.78 by $0.13. The company had revenue of $10.24 billion for the quarter, compared to analysts’ expectations of $10.14 billion. Salesforce had a net margin of 16.87% and a return on equity of 13.27%. Salesforce’s revenue was up 9.8% compared to the same quarter last year. During the same period in the prior year, the company posted $2.56 EPS. Salesforce has set its FY 2026 guidance at 11.330-11.370 EPS. Q3 2026 guidance at 2.840-2.860 EPS. On average, sell-side analysts anticipate that Salesforce Inc. will post 7.46 earnings per share for the current year.

Salesforce Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 9th. Investors of record on Wednesday, September 17th will be paid a dividend of $0.416 per share. This represents a $1.66 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Wednesday, September 17th. Salesforce’s dividend payout ratio is presently 24.13%.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on CRM shares. Stifel Nicolaus cut their price target on shares of Salesforce from $375.00 to $325.00 and set a “buy” rating on the stock in a report on Wednesday, August 13th. BMO Capital Markets dropped their target price on shares of Salesforce from $335.00 to $280.00 and set an “outperform” rating on the stock in a research note on Thursday, September 4th. JMP Securities reiterated a “market outperform” rating and issued a $430.00 target price on shares of Salesforce in a research note on Tuesday, September 2nd. Needham & Company LLC reiterated a “buy” rating and issued a $400.00 target price on shares of Salesforce in a research note on Thursday, September 4th. Finally, Piper Sandler dropped their target price on shares of Salesforce from $335.00 to $315.00 and set an “overweight” rating on the stock in a research note on Thursday, September 4th. Twenty-six analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Salesforce has a consensus rating of “Moderate Buy” and a consensus price target of $332.58.

About Salesforce

Salesforce, Inc provides Customer Relationship Management (CRM) technology that brings companies and customers together worldwide. The company's service includes sales to store data, monitor leads and progress, forecast opportunities, gain insights through analytics and artificial intelligence, and deliver quotes, contracts, and invoices; and service that enables companies to deliver trusted and highly personalized customer support at scale.