Salesforce Inc. $CRM Shares Bought by CSM Advisors LLC

CSM Advisors LLC raised its position in shares of Salesforce Inc. (NYSE:CRM) by 5.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 47,550 shares of the CRM provider’s stock after acquiring an additional 2,275 shares during the quarter. CSM Advisors LLC’s holdings in Salesforce were worth $12,969,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in CRM. Painted Porch Advisors LLC lifted its holdings in Salesforce by 260.0% in the 2nd quarter. Painted Porch Advisors LLC now owns 90 shares of the CRM provider’s stock valued at $25,000 after purchasing an additional 65 shares in the last quarter. Capital A Wealth Management LLC raised its position in shares of Salesforce by 450.0% in the first quarter. Capital A Wealth Management LLC now owns 110 shares of the CRM provider’s stock valued at $30,000 after buying an additional 90 shares during the last quarter. CBIZ Investment Advisory Services LLC lifted its stake in shares of Salesforce by 314.8% in the first quarter. CBIZ Investment Advisory Services LLC now owns 112 shares of the CRM provider’s stock worth $30,000 after buying an additional 85 shares in the last quarter. Christopher J. Hasenberg Inc boosted its position in Salesforce by 383.3% during the second quarter. Christopher J. Hasenberg Inc now owns 116 shares of the CRM provider’s stock worth $32,000 after acquiring an additional 92 shares during the last quarter. Finally, Maseco LLP acquired a new position in Salesforce during the second quarter worth about $34,000. 80.43% of the stock is owned by institutional investors and hedge funds.

Salesforce Stock Performance

NYSE CRM opened at $239.92 on Friday. The stock has a fifty day simple moving average of $247.41 and a 200-day simple moving average of $258.26. 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 stock has a market cap of $228.40 billion, a PE ratio of 34.87, a P/E/G ratio of 2.11 and a beta of 1.19. Salesforce Inc. has a twelve month low of $226.48 and a twelve month high of $369.00.

Salesforce (NYSE:CRM) last posted its 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 for the quarter was up 9.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $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. Equities analysts anticipate that Salesforce Inc. will post 7.46 earnings per share for the current year.

Salesforce Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 9th. Investors of record on Wednesday, September 17th were given a dividend of $0.416 per share. The ex-dividend date of this dividend was Wednesday, September 17th. This represents a $1.66 dividend on an annualized basis and a dividend yield of 0.7%. Salesforce’s dividend payout ratio (DPR) is presently 24.13%.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the stock. Wells Fargo & Company decreased their target price on shares of Salesforce from $275.00 to $265.00 and set an “equal weight” rating on the stock in a research note on Thursday, September 4th. Northland Capmk downgraded Salesforce from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 14th. JMP Securities reissued a “market outperform” rating and set a $430.00 price objective on shares of Salesforce in a research note on Friday, October 17th. Wedbush reaffirmed an “outperform” rating and issued a $375.00 target price on shares of Salesforce in a research note on Thursday, October 16th. Finally, Oppenheimer reduced their price target on Salesforce from $370.00 to $315.00 and set an “outperform” rating on the stock in a report on Tuesday, August 26th. Twenty-five equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $325.23.

Insiders Place Their Bets

In other Salesforce news, CEO Marc Benioff sold 122 shares of the company’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $259.00, for a total transaction of $31,598.00. Following the transaction, the chief executive officer directly owned 11,911,571 shares in the company, valued at $3,085,096,889. This represents a 0.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In the last three months, insiders have sold 74,372 shares of company stock valued at $18,317,866. 3.00% of the stock is currently owned by company insiders.

Salesforce Profile

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.