Salesforce Inc. $CRM Shares Bought by KFA Private Wealth Group LLC

KFA Private Wealth Group LLC raised its holdings in Salesforce Inc. (NYSE:CRM) by 4.3% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,324 shares of the CRM provider’s stock after acquiring an additional 55 shares during the quarter. KFA Private Wealth Group LLC’s holdings in Salesforce were worth $361,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of CRM. Coign Capital Advisors LLC raised its holdings in shares of Salesforce by 1.7% in the first quarter. Coign Capital Advisors LLC now owns 2,183 shares of the CRM provider’s stock worth $586,000 after acquiring an additional 37 shares during the last quarter. Staley Capital Advisers Inc. increased its position in Salesforce by 1.1% during the 1st quarter. Staley Capital Advisers Inc. now owns 3,343 shares of the CRM provider’s stock worth $897,000 after purchasing an additional 38 shares in the last quarter. KDT Advisors LLC increased its position in shares of Salesforce by 4.1% in the first quarter. KDT Advisors LLC now owns 967 shares of the CRM provider’s stock worth $260,000 after acquiring an additional 38 shares in the last quarter. Liberty One Investment Management LLC increased its holdings in Salesforce by 1.2% in the 1st quarter. Liberty One Investment Management LLC now owns 3,165 shares of the CRM provider’s stock valued at $849,000 after purchasing an additional 39 shares in the last quarter. Finally, First Command Advisory Services Inc. grew its stake in shares of Salesforce by 7.3% in the first quarter. First Command Advisory Services Inc. now owns 572 shares of the CRM provider’s stock valued at $154,000 after buying an additional 39 shares in the last quarter. 80.43% of the stock is currently owned by institutional investors and hedge funds.

Salesforce Stock Performance

Shares of NYSE:CRM opened at $242.11 on Friday. The business’s fifty day moving average price is $244.68 and its two-hundred day moving average price is $258.93. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.12 and a quick ratio of 1.12. Salesforce Inc. has a fifty-two week low of $226.48 and a fifty-two week high of $369.00. The stock has a market capitalization of $230.49 billion, a price-to-earnings ratio of 35.19, a price-to-earnings-growth ratio of 2.12 and a beta of 1.19.

Salesforce (NYSE:CRM) last announced its earnings results on Wednesday, September 3rd. The CRM provider reported $2.91 EPS for the quarter, topping the consensus estimate 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 return on equity of 13.27% and a net margin of 16.87%.The business’s revenue for the quarter was up 9.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.56 earnings per share. Salesforce has set its FY 2026 guidance at 11.330-11.370 EPS. Q3 2026 guidance at 2.840-2.860 EPS. As a group, analysts predict that Salesforce Inc. will post 7.46 EPS for the current fiscal year.

Salesforce Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 9th. Shareholders of record on Wednesday, September 17th were issued a dividend of $0.416 per share. The ex-dividend date was Wednesday, September 17th. This represents a $1.66 annualized dividend and a yield of 0.7%. Salesforce’s payout ratio is currently 24.13%.

Insider Activity

In related news, Director David Blair Kirk acquired 3,400 shares of the business’s stock in a transaction that occurred on Tuesday, September 9th. The shares were acquired at an average cost of $254.66 per share, with a total value of $865,844.00. Following the transaction, the director owned 3,824 shares of the company’s stock, valued at $973,819.84. The trade was a 801.89% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Marc Benioff sold 2,250 shares of the business’s stock in a transaction that occurred on Wednesday, August 6th. The shares were sold at an average price of $248.40, for a total value of $558,900.00. Following the completion of the sale, the chief executive officer owned 11,911,571 shares in the company, valued at $2,958,834,236.40. The trade was a 0.02% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 78,750 shares of company stock worth $19,634,805 in the last quarter. 3.00% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

CRM has been the subject of a number of recent analyst reports. Stifel Nicolaus decreased their price target on shares of Salesforce from $325.00 to $300.00 and set a “buy” rating for the company in a research report on Thursday. Piper Sandler reduced their price target on shares of Salesforce from $335.00 to $315.00 and set an “overweight” rating for the company in a research note on Thursday, September 4th. Sanford C. Bernstein cut their price objective on Salesforce from $255.00 to $221.00 and set an “underperform” rating for the company in a report on Thursday, September 4th. Royal Bank Of Canada cut their price objective on Salesforce from $275.00 to $250.00 and set a “sector perform” rating for the company in a research report on Thursday, September 4th. Finally, Roth Capital reaffirmed a “buy” rating and set a $395.00 price objective on shares of Salesforce in a research note on Thursday, September 4th. Twenty-six investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $331.89.

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.