Reynders McVeigh Capital Management LLC Sells 2,701 Shares of Salesforce Inc. $CRM

Reynders McVeigh Capital Management LLC cut its holdings in Salesforce Inc. (NYSE:CRM) by 3.9% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 67,163 shares of the CRM provider’s stock after selling 2,701 shares during the period. Reynders McVeigh Capital Management LLC’s holdings in Salesforce were worth $10,522,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in CRM. BlackRock Inc. bought a new stake in Salesforce during the second quarter worth approximately $11,396,844,000. State Street Corp lifted its stake in shares of Salesforce by 1.3% in the 4th quarter. State Street Corp now owns 50,080,230 shares of the CRM provider’s stock valued at $13,286,909,000 after purchasing an additional 659,573 shares during the last quarter. Capital International Investors lifted its stake in shares of Salesforce by 13.3% in the 4th quarter. Capital International Investors now owns 22,721,010 shares of the CRM provider’s stock valued at $6,019,199,000 after purchasing an additional 2,669,891 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Salesforce by 3.8% in the 4th quarter. Geode Capital Management LLC now owns 21,782,556 shares of the CRM provider’s stock worth $5,751,073,000 after purchasing an additional 791,345 shares during the period. Finally, Capital World Investors increased its position in shares of Salesforce by 13.5% during the 4th quarter. Capital World Investors now owns 19,672,684 shares of the CRM provider’s stock valued at $5,211,515,000 after purchasing an additional 2,347,478 shares during the last quarter. Institutional investors own 80.43% of the company’s stock.

Salesforce Trading Down 1.6%

CRM stock traded down $4.07 during midday trading on Tuesday, reaching $255.36. The company’s stock had a trading volume of 10,395,412 shares, compared to its average volume of 14,020,091. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.84 and a current ratio of 0.84. The stock has a fifty day simple moving average of $202.41 and a two-hundred day simple moving average of $187.76. Salesforce Inc. has a 1 year low of $146.32 and a 1 year high of $269.11. The firm has a market capitalization of $210.16 billion, a price-to-earnings ratio of 23.28, a PEG ratio of 1.13 and a beta of 1.20.

Salesforce (NYSE:CRM) last issued its earnings results on Wednesday, August 26th. The CRM provider reported $5.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.27 by $2.63. The firm had revenue of $11.35 billion during the quarter, compared to analyst estimates of $11.33 billion. Salesforce had a net margin of 21.99% and a return on equity of 24.90%. The business’s revenue was up 10.8% on a year-over-year basis. During the same period in the previous year, the firm earned $2.91 earnings per share. Salesforce has set its FY 2027 guidance at 16.670-16.710 EPS and its Q3 2027 guidance at 3.420-3.440 EPS. On average, equities research analysts predict that Salesforce Inc. will post 12.83 EPS for the current year.

Salesforce Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 8th. Stockholders of record on Thursday, September 17th will be given a dividend of $0.44 per share. The ex-dividend date of this dividend is Thursday, September 17th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 0.7%. Salesforce’s dividend payout ratio is presently 16.04%.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. Mizuho increased their price target on Salesforce from $250.00 to $265.00 and gave the company an “outperform” rating in a report on Thursday, August 27th. Weiss Ratings upgraded shares of Salesforce from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, August 12th. Truist Financial reissued a “buy” rating and issued a $300.00 target price (up from $280.00) on shares of Salesforce in a research note on Thursday, August 27th. HSBC raised their target price on shares of Salesforce from $350.00 to $356.00 and gave the stock a “buy” rating in a report on Friday, May 29th. Finally, HC Wainwright cut shares of Salesforce to a “negative” rating in a research note on Thursday, June 18th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, fourteen have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $267.12.

Key Salesforce News

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Salesforce and NVIDIA introduced Koa, Salesforce’s first CRM-specific reasoning model for Agentforce. Built on NVIDIA’s open-weight Nemotron technology, Koa is designed to reason over customer and business data, potentially improving the accuracy and usefulness of enterprise AI agents. Salesforce, Nvidia Introduce CRM Reasoning Model for Agentforce
• Positive Sentiment: The Koa launch strengthens Salesforce’s partnership with NVIDIA and gives CRM a differentiated, industry-specific AI offering. Investors may view Salesforce’s large enterprise customer base and distribution network as an advantage in monetizing Agentforce and expanding customer spending. Salesforce, NVIDIA unveil CRM domain-specific reasoning model
• Positive Sentiment: Salesforce continues expanding its AI ecosystem. Outreach is joining AgentExchange, while Copado and Brillio are adding tools and implementation support for governed AI agents. Deeper integrations with AWS and Google Cloud, plus a Siemens industrial partnership, could broaden enterprise adoption. Salesforce sees fresh partner tools push Agentic AI into enterprise workflows
• Neutral Sentiment: Dreamforce is the immediate catalyst. Traders expect meaningful stock volatility as management discusses Koa, Agentforce adoption, AI monetization, and future growth. Positive commentary could support the shares, but investors may demand evidence that AI is translating into material revenue acceleration. How much traders see Salesforce stock moving after Dreamforce
• Neutral Sentiment: Analyst opinions remain mixed. The bullish case points to Salesforce’s enterprise distribution and rapid Agentforce growth, while the more cautious view focuses on whether AI investments can restart organic growth and justify a higher valuation. Salesforce’s AI distribution advantage could restart growth
• Negative Sentiment: The stock is also being pressured by a broader AI-trade pullback after commentary about a possible slowdown in frontier-model development. Although Salesforce may benefit from enterprise AI inference and infrastructure demand, sector-wide risk reduction is weighing on sentiment ahead of its event. AI trade stumbles as CEOs talk model slowdown

Insider Activity at Salesforce

In related news, Director Craig Conway sold 4,500 shares of Salesforce stock in a transaction dated Friday, September 4th. The stock was sold at an average price of $260.61, for a total value of $1,172,745.00. Following the completion of the sale, the director directly owned 5,437 shares in the company, valued at $1,416,936.57. The trade was a 45.29% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Corporate insiders own 3.50% of the company’s stock.

Salesforce Company Profile

Salesforce, Inc is a cloud-based software company that provides customer relationship management (CRM) technology and related enterprise applications. Its platform helps organizations manage sales, customer service, marketing, commerce, data analytics and business operations through subscription-based software and cloud services.

The company’s product portfolio includes Sales Cloud, Service Cloud, Marketing Cloud, Commerce Cloud, Data Cloud and the Salesforce Platform. Salesforce also offers Slack for workplace collaboration, Tableau for data visualization and analytics, MuleSoft for application integration, and artificial intelligence capabilities, including its Agentforce platform for building and deploying AI agents.

Founded in 1999, Salesforce is headquartered in San Francisco, California, and serves businesses and organizations across a broad range of industries and geographic markets worldwide.