Salesforce Inc. $CRM Holdings Boosted by Pinion Investment Advisors LLC

Pinion Investment Advisors LLC boosted its holdings in Salesforce Inc. (NYSE:CRM) by 13.1% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,561 shares of the CRM provider’s stock after acquiring an additional 181 shares during the period. Pinion Investment Advisors LLC’s holdings in Salesforce were worth $426,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Coign Capital Advisors LLC raised its position in shares of Salesforce by 1.7% during the first quarter. Coign Capital Advisors LLC now owns 2,183 shares of the CRM provider’s stock valued at $586,000 after buying an additional 37 shares during the last quarter. Staley Capital Advisers Inc. increased its stake in Salesforce by 1.1% in the first quarter. Staley Capital Advisers Inc. now owns 3,343 shares of the CRM provider’s stock valued at $897,000 after acquiring an additional 38 shares during the period. KDT Advisors LLC increased its stake in Salesforce by 4.1% in the first quarter. KDT Advisors LLC now owns 967 shares of the CRM provider’s stock valued at $260,000 after acquiring an additional 38 shares during the period. Liberty One Investment Management LLC increased its stake in Salesforce by 1.2% in the first quarter. Liberty One Investment Management LLC now owns 3,165 shares of the CRM provider’s stock valued at $849,000 after acquiring an additional 39 shares during the period. Finally, First Command Advisory Services Inc. increased its stake in Salesforce by 7.3% in the first quarter. First Command Advisory Services Inc. now owns 572 shares of the CRM provider’s stock valued at $154,000 after acquiring an additional 39 shares during the period. Institutional investors own 80.43% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on CRM shares. Wall Street Zen cut shares of Salesforce from a “buy” rating to a “hold” rating in a research note on Friday, October 3rd. Citigroup upped their target price on shares of Salesforce from $275.00 to $276.00 and gave the company a “neutral” rating in a research note on Tuesday, September 9th. Oppenheimer lowered their target price on shares of Salesforce from $370.00 to $315.00 and set an “outperform” rating on the stock in a research note on Tuesday, August 26th. Royal Bank Of Canada decreased their price objective on shares of Salesforce from $275.00 to $250.00 and set a “sector perform” rating on the stock in a research note on Thursday, September 4th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Salesforce in a research note on Saturday, September 27th. Twenty-six research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $331.89.

Insider Activity at Salesforce

In related news, CEO Marc Benioff sold 2,250 shares of the firm’s stock in a transaction on Wednesday, October 8th. The shares were sold at an average price of $239.79, for a total transaction of $539,527.50. Following the sale, the chief executive officer directly owned 11,911,571 shares in the company, valued at $2,856,275,610.09. This trade represents a 0.02% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders have sold 78,750 shares of company stock worth $19,634,805 in the last quarter. Company insiders own 3.00% of the company’s stock.

Salesforce Trading Up 1.9%

Shares of NYSE CRM opened at $244.92 on Friday. The company’s 50 day simple moving average is $244.86 and its 200 day simple moving average is $259.25. Salesforce Inc. has a fifty-two week low of $226.48 and a fifty-two week high of $369.00. The firm has a market capitalization of $233.16 billion, a P/E ratio of 35.60, a P/E/G ratio of 2.08 and a beta of 1.19. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.12 and a quick ratio of 1.12.

Salesforce (NYSE:CRM) last announced its quarterly earnings data 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 business had revenue of $10.24 billion for the quarter, compared to analyst estimates of $10.14 billion. Salesforce had a net margin of 16.87% and a return on equity of 13.27%. Salesforce’s revenue was up 9.8% compared to the same quarter last year. During the same period in the prior year, the business 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. On average, analysts predict that Salesforce Inc. will post 7.46 EPS 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 issued a dividend of $0.416 per share. This represents a $1.66 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Wednesday, September 17th. Salesforce’s dividend payout ratio (DPR) is presently 24.13%.

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.