CreativeOne Wealth LLC Boosts Holdings in Salesforce Inc. $CRM

CreativeOne Wealth LLC grew its position in Salesforce Inc. (NYSE:CRM) by 10.2% during the 2nd quarter, Holdings Channel.com reports. The firm owned 12,551 shares of the CRM provider’s stock after purchasing an additional 1,160 shares during the period. CreativeOne Wealth LLC’s holdings in Salesforce were worth $3,423,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Avantax Advisory Services Inc. lifted its holdings in shares of Salesforce by 4.0% during the second quarter. Avantax Advisory Services Inc. now owns 87,331 shares of the CRM provider’s stock worth $23,814,000 after purchasing an additional 3,387 shares during the period. Advyzon Investment Management LLC raised its stake in shares of Salesforce by 57.4% during the 2nd quarter. Advyzon Investment Management LLC now owns 1,884 shares of the CRM provider’s stock valued at $514,000 after buying an additional 687 shares during the last quarter. Achmea Investment Management B.V. lifted its holdings in shares of Salesforce by 9.2% in the 2nd quarter. Achmea Investment Management B.V. now owns 148,254 shares of the CRM provider’s stock valued at $40,427,000 after buying an additional 12,544 shares during the period. Diversified Trust Co lifted its holdings in shares of Salesforce by 30.1% in the 2nd quarter. Diversified Trust Co now owns 27,786 shares of the CRM provider’s stock valued at $7,577,000 after buying an additional 6,430 shares during the period. Finally, Andra AP fonden boosted its stake in shares of Salesforce by 34.4% in the second quarter. Andra AP fonden now owns 174,145 shares of the CRM provider’s stock worth $47,488,000 after buying an additional 44,600 shares during the last quarter. 80.43% of the stock is owned by institutional investors and hedge funds.

Salesforce Stock Performance

NYSE CRM opened at $226.70 on Tuesday. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.12 and a quick ratio of 1.12. The stock’s 50 day simple moving average is $244.48 and its 200-day simple moving average is $255.57. The company has a market cap of $215.82 billion, a PE ratio of 32.95, a price-to-earnings-growth ratio of 2.11 and a beta of 1.19. Salesforce Inc. has a 1-year low of $221.96 and a 1-year high of $369.00.

Salesforce (NYSE:CRM) last posted its quarterly earnings data on Wednesday, September 3rd. The CRM provider reported $2.91 EPS for the quarter, beating the consensus estimate of $2.78 by $0.13. The firm had revenue of $10.24 billion during the quarter, compared to the consensus estimate of $10.14 billion. Salesforce had a return on equity of 13.27% and a net margin of 16.87%.The firm’s revenue was up 9.8% compared to the same quarter last year. During the same period in the prior year, the company earned $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. As a group, equities research analysts anticipate that Salesforce Inc. will post 7.46 EPS for the current fiscal year.

Salesforce Announces Dividend

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

Analysts Set New Price Targets

Several research analysts recently weighed in on CRM shares. Royal Bank Of Canada reduced their price target 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. Sanford C. Bernstein dropped their price objective on shares of Salesforce from $255.00 to $221.00 and set an “underperform” rating on the stock in a research note on Thursday, September 4th. BMO Capital Markets decreased their target price on shares of Salesforce from $335.00 to $280.00 and set an “outperform” rating for the company in a research note on Thursday, September 4th. Stifel Nicolaus lowered their price target on shares of Salesforce from $325.00 to $300.00 and set a “buy” rating on the stock in a report on Thursday, October 9th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $400.00 price objective on shares of Salesforce in a report on Thursday, October 16th. Twenty-five analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Salesforce presently has a consensus rating of “Moderate Buy” and an average target price of $323.51.

Insider Transactions at Salesforce

In other news, CEO Marc Benioff sold 2,250 shares of the business’s stock in a transaction that occurred on Monday, September 22nd. The stock was sold at an average price of $248.19, for a total transaction of $558,427.50. Following the transaction, the chief executive officer directly owned 11,911,571 shares in the company, valued at $2,956,332,806.49. The trade was a 0.02% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director David Blair Kirk purchased 3,400 shares of the business’s stock in a transaction that occurred on Tuesday, September 9th. The stock was bought at an average cost of $254.66 per share, with a total value of $865,844.00. Following the acquisition, the director owned 3,824 shares of the company’s stock, valued at approximately $973,819.84. The trade was a 801.89% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have sold 58,622 shares of company stock worth $14,501,123 over the last 90 days. 3.00% of the stock is currently owned by company insiders.

Salesforce Company 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.