Salesforce Inc. $CRM Shares Purchased by W.G. Shaheen & Associates DBA Whitney & Co

Posted by Stanley Muller on Jul 17th, 2026

W.G. Shaheen & Associates DBA Whitney & Co lifted its stake in Salesforce Inc. (NYSE:CRM – Free Report) by 7.2% in the 1st quarter, HoldingsChannel.com reports. The firm owned 54,469 shares of the CRM provider’s stock after acquiring an additional 3,676 shares during the period. W.G. Shaheen & Associates DBA Whitney & Co’s holdings in Salesforce were worth $10,168,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of CRM. Vanguard Group Inc. raised its holdings in shares of Salesforce by 0.3% in the fourth quarter. Vanguard Group Inc. now owns 89,843,166 shares of the CRM provider’s stock worth $23,800,353,000 after buying an additional 270,913 shares during the last quarter. State Street Corp grew its holdings in shares of Salesforce by 1.3% during the fourth quarter. State Street Corp now owns 50,080,230 shares of the CRM provider’s stock valued at $13,286,909,000 after buying an additional 659,573 shares during the last quarter. J. Stern & Co. LLP grew its holdings in shares of Salesforce by 24,056.7% during the fourth quarter. J. Stern & Co. LLP now owns 47,385,511 shares of the CRM provider’s stock valued at $12,552,896,000 after buying an additional 47,189,352 shares during the last quarter. Capital International Investors increased its position in shares of Salesforce by 13.3% in the 4th quarter. Capital International Investors now owns 22,721,010 shares of the CRM provider’s stock valued at $6,019,199,000 after acquiring an additional 2,669,891 shares during the period. Finally, Geode Capital Management LLC raised its stake in Salesforce by 3.8% in the 4th quarter. Geode Capital Management LLC now owns 21,782,556 shares of the CRM provider’s stock worth $5,751,073,000 after acquiring an additional 791,345 shares during the last quarter. 80.43% of the stock is currently owned by institutional investors and hedge funds.

Salesforce Stock Up 3.4%

Shares of CRM stock opened at $172.60 on Friday. Salesforce Inc. has a twelve month low of $146.32 and a twelve month high of $274.00. The stock has a market cap of $141.36 billion, a P/E ratio of 19.98, a P/E/G ratio of 0.90 and a beta of 1.18. The stock has a 50 day moving average of $170.85 and a 200 day moving average of $191.34. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 1.15.

Salesforce (NYSE:CRM – Get Free Report) last issued its quarterly earnings data on Wednesday, May 27th. The CRM provider reported $3.88 earnings per share for the quarter, topping analysts’ consensus estimates of $3.13 by $0.75. The business had revenue of $11.13 billion during the quarter, compared to the consensus estimate of $11.05 billion. Salesforce had a net margin of 18.73% and a return on equity of 18.72%. The company’s revenue was up 13.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.58 earnings per share. Salesforce has set its FY 2027 guidance at 14.060-14.120 EPS and its Q2 2027 guidance at 3.250-3.270 EPS. As a group, sell-side analysts expect that Salesforce Inc. will post 10.29 EPS for the current year.

Salesforce Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, July 2nd. Stockholders of record on Thursday, June 11th were given a $0.44 dividend. This represents a $1.76 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Thursday, June 11th. Salesforce’s dividend payout ratio (DPR) is 20.37%.

Wall Street Analyst Weigh In

CRM has been the subject of a number of research reports. The Goldman Sachs Group initiated coverage on Salesforce in a research report on Thursday, June 18th. They set a “neutral” rating for the company. HC Wainwright lowered Salesforce to a “negative” rating in a report on Thursday, June 18th. Evercore reaffirmed an “outperform” rating on shares of Salesforce in a report on Tuesday. KeyCorp lowered Salesforce from an “overweight” rating to a “sector weight” rating in a research report on Wednesday, July 8th. Finally, B. Riley Financial increased their price target on shares of Salesforce from $205.00 to $240.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, fourteen have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $254.42.

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About Salesforce

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Salesforce, founded in 1999 and headquartered in San Francisco, is a global provider of cloud-based software focused on customer relationship management (CRM) and enterprise applications. The company popularized the software-as-a-service (SaaS) model for CRM and has built a broad portfolio of products designed to help organizations manage sales, service, marketing, commerce and analytics through a unified, cloud-first platform.

Core offerings include Sales Cloud for sales automation, Service Cloud for customer support, Marketing Cloud for digital marketing and engagement, and Commerce Cloud for e-commerce.