Consilium Wealth Advisory LLC Has $1 Million Stake in Salesforce Inc. $CRM

Consilium Wealth Advisory LLC lowered its stake in shares of Salesforce Inc. (NYSE:CRM) by 2.2% during the second quarter, HoldingsChannel reports. The institutional investor owned 3,675 shares of the CRM provider’s stock after selling 84 shares during the quarter. Consilium Wealth Advisory LLC’s holdings in Salesforce were worth $1,002,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in CRM. Brighton Jones LLC increased its stake in Salesforce by 13.7% during the 4th quarter. Brighton Jones LLC now owns 25,668 shares of the CRM provider’s stock worth $8,582,000 after acquiring an additional 3,102 shares during the period. Revolve Wealth Partners LLC increased its stake in Salesforce by 12.6% during the 4th quarter. Revolve Wealth Partners LLC now owns 1,827 shares of the CRM provider’s stock worth $611,000 after acquiring an additional 205 shares during the period. Bison Wealth LLC increased its stake in Salesforce by 9.0% during the 4th quarter. Bison Wealth LLC now owns 2,234 shares of the CRM provider’s stock worth $747,000 after acquiring an additional 184 shares during the period. Fermata Advisors LLC increased its stake in Salesforce by 87.3% during the 1st quarter. Fermata Advisors LLC now owns 2,199 shares of the CRM provider’s stock worth $590,000 after acquiring an additional 1,025 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. increased its stake in Salesforce by 45.8% during the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,070 shares of the CRM provider’s stock worth $556,000 after acquiring an additional 650 shares during the period. Institutional investors own 80.43% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the company. Oppenheimer cut their target price on Salesforce from $370.00 to $315.00 and set an “outperform” rating for the company in a research note on Tuesday, August 26th. Deutsche Bank Aktiengesellschaft cut their target price on Salesforce from $400.00 to $340.00 and set a “buy” rating for the company in a research note on Thursday, September 4th. Barclays cut their target price on Salesforce from $347.00 to $316.00 and set an “overweight” rating for the company in a research note on Monday, August 18th. Wells Fargo & Company cut their target price on Salesforce from $275.00 to $265.00 and set an “equal weight” rating for the company in a research note on Thursday, September 4th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Salesforce in a research note on Saturday, September 27th. Twenty-six equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $332.58.

Insiders Place Their Bets

In related news, Director David Blair Kirk acquired 3,400 shares of the firm’s stock in a transaction that occurred on Tuesday, September 9th. The stock was acquired at an average cost of $254.66 per share, for a total transaction of $865,844.00. Following the completion of the acquisition, the director directly owned 3,824 shares of the company’s stock, valued at approximately $973,819.84. This trade represents a 801.89% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Marc Benioff sold 2,250 shares of the stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $236.38, for a total value of $531,855.00. Following the completion of the sale, the chief executive officer owned 11,911,571 shares of the company’s stock, valued at $2,815,657,152.98. The trade was a 0.02% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 81,000 shares of company stock valued at $20,357,213 over the last 90 days. 3.00% of the stock is currently owned by company insiders.

Salesforce Stock Up 0.6%

Shares of CRM opened at $240.25 on Friday. Salesforce Inc. has a 52 week low of $226.48 and a 52 week high of $369.00. The stock has a market capitalization of $228.72 billion, a price-to-earnings ratio of 34.92, a PEG ratio of 2.06 and a beta of 1.19. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.12 and a current ratio of 1.12. The stock has a fifty day moving average of $246.66 and a 200-day moving average of $260.32.

Salesforce (NYSE:CRM) last announced its quarterly 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. Salesforce had a return on equity of 13.27% and a net margin of 16.87%.The company had revenue of $10.24 billion during the quarter, compared to analysts’ expectations of $10.14 billion. During the same period in the prior year, the company earned $2.56 EPS. Salesforce’s revenue was up 9.8% compared to the same quarter last year. 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, sell-side analysts anticipate that Salesforce Inc. will post 7.46 earnings per share for the current fiscal year.

Salesforce Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 9th. Investors of record on Wednesday, September 17th will be issued a $0.416 dividend. This represents a $1.66 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Wednesday, September 17th. Salesforce’s dividend payout ratio is presently 24.13%.

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.