Focus Partners Advisor Solutions LLC Trims Position in Salesforce Inc. $CRM

Focus Partners Advisor Solutions LLC lessened its holdings in shares of Salesforce Inc. (NYSE:CRM) by 35.4% during the second quarter, HoldingsChannel reports. The firm owned 7,551 shares of the CRM provider’s stock after selling 4,141 shares during the quarter. Focus Partners Advisor Solutions LLC’s holdings in Salesforce were worth $2,058,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in CRM. Painted Porch Advisors LLC increased its holdings in shares of Salesforce by 260.0% during the 2nd quarter. Painted Porch Advisors LLC now owns 90 shares of the CRM provider’s stock worth $25,000 after buying an additional 65 shares during the last quarter. Capital A Wealth Management LLC increased its holdings in shares of Salesforce by 450.0% during the 1st quarter. Capital A Wealth Management LLC now owns 110 shares of the CRM provider’s stock worth $30,000 after buying an additional 90 shares during the last quarter. CBIZ Investment Advisory Services LLC increased its holdings in shares of Salesforce by 314.8% during the 1st 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 during the last quarter. Abound Financial LLC acquired a new stake in shares of Salesforce during the 1st quarter worth $31,000. Finally, Christopher J. Hasenberg Inc increased its holdings in shares of Salesforce by 383.3% during the 2nd quarter. Christopher J. Hasenberg Inc now owns 116 shares of the CRM provider’s stock worth $32,000 after buying an additional 92 shares during the last quarter. Hedge funds and other institutional investors own 80.43% of the company’s stock.

Salesforce Stock Down 0.0%

Shares of Salesforce stock opened at $254.93 on Monday. The business has a 50-day moving average of $246.53 and a 200-day moving average of $258.12. 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 company has a market capitalization of $242.69 billion, a PE ratio of 37.05, a P/E/G ratio of 2.14 and a beta of 1.19. Salesforce Inc. has a 1-year low of $226.48 and a 1-year high of $369.00.

Salesforce (NYSE:CRM) last announced its earnings results on Wednesday, September 3rd. The CRM provider reported $2.91 earnings per share for the quarter, beating the consensus estimate of $2.78 by $0.13. The company 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 company’s revenue was up 9.8% on a year-over-year basis. During the same period last year, the firm 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, equities analysts forecast 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. Stockholders of record on Wednesday, September 17th were paid a dividend of $0.416 per share. The ex-dividend date was Wednesday, September 17th. This represents a $1.66 annualized dividend and a dividend yield of 0.7%. Salesforce’s dividend payout ratio (DPR) is currently 24.13%.

Insider Activity

In other news, CEO Marc Benioff sold 2,250 shares of the stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $247.67, for a total transaction of $557,257.50. Following the transaction, the chief executive officer owned 11,911,571 shares of the company’s stock, valued at approximately $2,950,138,789.57. This trade represents a 0.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director David Blair Kirk purchased 3,400 shares of Salesforce stock in a transaction dated 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 transaction, the director directly 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 can be found here. Insiders have sold 76,500 shares of company stock worth $18,819,383 in the last ninety days. Corporate insiders own 3.00% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently commented on CRM shares. Citigroup upped their price objective on Salesforce from $275.00 to $276.00 and gave the stock a “neutral” rating in a report on Tuesday, September 9th. Robert W. Baird dropped their price objective on Salesforce from $365.00 to $325.00 and set an “outperform” rating for the company in a report on Thursday, September 4th. Canaccord Genuity Group dropped their price objective on Salesforce from $350.00 to $300.00 and set a “buy” rating for the company in a report on Thursday, September 4th. Northland Capmk downgraded Salesforce from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 14th. Finally, Northland Securities downgraded Salesforce from an “outperform” rating to a “market perform” rating and set a $264.00 price target for the company. in a report on Tuesday, October 14th. Twenty-five investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $325.23.

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.