Mutual Advisors LLC Has $3.67 Million Stake in Salesforce Inc. $CRM

Mutual Advisors LLC raised its position in shares of Salesforce Inc. (NYSE:CRM) by 14.1% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,629 shares of the CRM provider’s stock after acquiring an additional 1,679 shares during the period. Mutual Advisors LLC’s holdings in Salesforce were worth $3,668,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Painted Porch Advisors LLC boosted its holdings in Salesforce by 260.0% during the second quarter. Painted Porch Advisors LLC now owns 90 shares of the CRM provider’s stock valued at $25,000 after acquiring an additional 65 shares during the period. Capital A Wealth Management LLC boosted its holdings in Salesforce by 450.0% during the first quarter. Capital A Wealth Management LLC now owns 110 shares of the CRM provider’s stock valued at $30,000 after acquiring an additional 90 shares during the period. CBIZ Investment Advisory Services LLC boosted its holdings in Salesforce by 314.8% during the first quarter. CBIZ Investment Advisory Services LLC now owns 112 shares of the CRM provider’s stock valued at $30,000 after acquiring an additional 85 shares during the period. Abound Financial LLC bought a new stake in Salesforce during the first quarter valued at about $31,000. Finally, Christopher J. Hasenberg Inc boosted its holdings in Salesforce by 383.3% during the second quarter. Christopher J. Hasenberg Inc now owns 116 shares of the CRM provider’s stock valued at $32,000 after acquiring an additional 92 shares during the period. 80.43% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. UBS Group decreased their price target on shares of Salesforce from $300.00 to $260.00 and set a “neutral” rating for the company in a report on Monday, August 18th. Weiss Ratings reiterated a “hold (c)” rating on shares of Salesforce in a research note on Tuesday. Morgan Stanley increased their target price on shares of Salesforce from $404.00 to $405.00 and gave the company an “overweight” rating in a research note on Tuesday, September 2nd. Stifel Nicolaus reduced their target price on shares of Salesforce from $325.00 to $300.00 and set a “buy” rating for the company in a research note on Thursday, October 9th. Finally, Canaccord Genuity Group reduced their target price on shares of Salesforce from $350.00 to $300.00 and set a “buy” rating for the company in a research note 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, the company presently has an average rating of “Moderate Buy” and a consensus price target of $328.22.

Salesforce Stock Performance

NYSE:CRM opened at $236.60 on Thursday. Salesforce Inc. has a 12-month low of $226.48 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 firm has a market capitalization of $225.24 billion, a PE ratio of 34.39, a price-to-earnings-growth ratio of 2.07 and a beta of 1.19. The firm has a 50-day moving average price of $244.22 and a 200 day moving average price of $258.21.

Salesforce (NYSE:CRM) last posted its quarterly earnings results on Wednesday, September 3rd. The CRM provider reported $2.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.78 by $0.13. Salesforce had a net margin of 16.87% and a return on equity of 13.27%. The firm had revenue of $10.24 billion during the quarter, compared to analyst estimates of $10.14 billion. During the same quarter in the prior year, the business posted $2.56 earnings per share. The company’s quarterly 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. Research analysts anticipate that Salesforce Inc. will post 7.46 earnings per share for the current fiscal year.

Salesforce Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 9th. Stockholders of record on Wednesday, September 17th were issued 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 dividend payout ratio (DPR) is presently 24.13%.

Insider Buying and Selling at Salesforce

In other news, CEO Marc Benioff sold 2,250 shares of the firm’s stock in a transaction that occurred on Monday, October 13th. The shares were sold at an average price of $245.91, for a total transaction of $553,297.50. Following the completion of the sale, the chief executive officer owned 11,911,571 shares of the company’s stock, valued at approximately $2,929,174,424.61. This trade represents a 0.02% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders have sold a total of 78,750 shares of company stock worth $19,572,233 over the last three months. Company insiders own 3.00% of the company’s stock.

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.