Ensign Peak Advisors Inc Has $288.15 Million Holdings in Salesforce Inc. $CRM

Ensign Peak Advisors Inc decreased its position in shares of Salesforce Inc. (NYSE:CRM) by 7.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,056,691 shares of the CRM provider’s stock after selling 79,448 shares during the quarter. Ensign Peak Advisors Inc’s holdings in Salesforce were worth $288,149,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Brighton Jones LLC lifted its holdings in shares of Salesforce by 13.7% during the fourth quarter. Brighton Jones LLC now owns 25,668 shares of the CRM provider’s stock worth $8,582,000 after purchasing an additional 3,102 shares during the period. Revolve Wealth Partners LLC increased its stake in shares of Salesforce by 12.6% in the fourth quarter. Revolve Wealth Partners LLC now owns 1,827 shares of the CRM provider’s stock valued at $611,000 after buying an additional 205 shares during the period. Bison Wealth LLC boosted its holdings in Salesforce by 9.0% in the fourth quarter. Bison Wealth LLC now owns 2,234 shares of the CRM provider’s stock valued at $747,000 after acquiring an additional 184 shares during the last quarter. Ignite Planners LLC increased its position in Salesforce by 21.5% during the 1st quarter. Ignite Planners LLC now owns 1,851 shares of the CRM provider’s stock valued at $498,000 after purchasing an additional 327 shares during the period. Finally, PFG Advisors raised its holdings in Salesforce by 6.0% during the 1st quarter. PFG Advisors now owns 2,761 shares of the CRM provider’s stock worth $741,000 after purchasing an additional 157 shares during the last quarter. 80.43% of the stock is currently owned by institutional investors.

Salesforce Price Performance

Shares of CRM opened at $227.59 on Thursday. The business’s fifty day moving average is $245.53 and its 200 day moving average is $256.75. Salesforce Inc. has a 12-month low of $225.06 and a 12-month high of $369.00. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.14. The stock has a market cap of $216.67 billion, a P/E ratio of 33.08, a P/E/G ratio of 2.11 and a beta of 1.19.

Salesforce (NYSE:CRM) last released its quarterly earnings data on Wednesday, September 3rd. The CRM provider reported $2.91 earnings per share for the quarter, topping the consensus estimate of $2.78 by $0.13. The firm had revenue of $10.24 billion for the quarter, compared to the consensus estimate of $10.14 billion. Salesforce had a net margin of 16.87% and a return on equity of 13.27%. The business’s revenue was up 9.8% on a year-over-year basis. During the same quarter in the prior year, the company 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. Sell-side analysts anticipate that Salesforce Inc. will post 7.46 earnings per share for the current fiscal year.

Salesforce Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, October 9th. Investors of record on Wednesday, September 17th were given a dividend of $0.416 per share. The ex-dividend date of this dividend was Wednesday, September 17th. This represents a $1.66 annualized dividend and a dividend yield of 0.7%. Salesforce’s payout ratio is presently 24.13%.

Insider Activity at Salesforce

In other news, Director David Blair Kirk purchased 3,400 shares of the company’s stock in a transaction that occurred on Tuesday, September 9th. The shares were bought at an average cost of $254.66 per share, with a total value of $865,844.00. Following the completion of the transaction, 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 ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Marc Benioff sold 2,250 shares of the stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $242.39, for a total transaction of $545,377.50. Following the completion of the sale, the chief executive officer owned 11,911,571 shares of the company’s stock, valued at approximately $2,887,245,694.69. This trade represents a 0.02% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 63,122 shares of company stock worth $15,615,413. 3.00% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on CRM. Wedbush reaffirmed an “outperform” rating and issued a $375.00 price objective on shares of Salesforce in a research note on Thursday, October 16th. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Salesforce from $400.00 to $340.00 and set a “buy” rating on the stock in a report on Thursday, September 4th. Morgan Stanley increased their price target on Salesforce from $404.00 to $405.00 and gave the stock an “overweight” rating in a report on Tuesday, September 2nd. Needham & Company LLC reaffirmed a “buy” rating and set a $400.00 target price on shares of Salesforce in a research note on Thursday, October 16th. Finally, Roth Capital restated a “buy” rating and set a $395.00 price target on shares of Salesforce in a report on Thursday, September 4th. Twenty-five equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $323.51.

Salesforce 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.