Salesforce Inc. $CRM Shares Purchased by Machina Capital S.A.S.

Machina Capital S.A.S. lifted its position in Salesforce Inc. (NYSE:CRM) by 410.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,183 shares of the CRM provider’s stock after purchasing an additional 10,601 shares during the period. Machina Capital S.A.S.’s holdings in Salesforce were worth $3,595,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the company. Westside Investment Management Inc. raised its position in Salesforce by 4.1% during the second quarter. Westside Investment Management Inc. now owns 4,890 shares of the CRM provider’s stock worth $1,332,000 after acquiring an additional 193 shares during the period. Texas Bank & Trust Co raised its position in Salesforce by 5.1% during the second quarter. Texas Bank & Trust Co now owns 3,718 shares of the CRM provider’s stock worth $1,014,000 after acquiring an additional 179 shares during the period. Benchmark Financial Wealth Advisors LLC raised its position in Salesforce by 4.4% during the second quarter. Benchmark Financial Wealth Advisors LLC now owns 989 shares of the CRM provider’s stock worth $270,000 after acquiring an additional 42 shares during the period. W.G. Shaheen & Associates DBA Whitney & Co raised its position in Salesforce by 44.0% during the second quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 50,376 shares of the CRM provider’s stock worth $13,737,000 after acquiring an additional 15,384 shares during the period. Finally, Telos Capital Management Inc. raised its position in Salesforce by 24.7% during the second quarter. Telos Capital Management Inc. now owns 1,936 shares of the CRM provider’s stock worth $528,000 after acquiring an additional 383 shares during the period. 80.43% of the stock is currently owned by institutional investors and hedge funds.

Salesforce Stock Up 1.5%

Shares of CRM opened at $260.55 on Monday. The stock has a market capitalization of $248.04 billion, a PE ratio of 37.87, a P/E/G ratio of 2.11 and a beta of 1.19. Salesforce Inc. has a 1 year low of $226.48 and a 1 year high of $369.00. 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 company’s 50-day simple moving average is $247.52 and its 200-day simple moving average is $258.14.

Salesforce (NYSE:CRM) last issued its earnings results 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. Salesforce had a net margin of 16.87% and a return on equity of 13.27%. The firm had revenue of $10.24 billion for the quarter, compared to analysts’ expectations of $10.14 billion. During the same quarter last year, the company earned $2.56 earnings per share. The firm’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. Analysts forecast 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 was paid on Thursday, October 9th. Shareholders 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 dividend on an annualized basis and a yield of 0.6%. Salesforce’s dividend payout ratio (DPR) is presently 24.13%.

Insiders Place Their Bets

In other Salesforce news, CEO Marc Benioff sold 2,250 shares of the firm’s stock in a transaction that occurred on Wednesday, October 29th. The shares were sold at an average price of $252.04, for a total transaction of $567,090.00. Following the sale, the chief executive officer owned 11,911,571 shares of the company’s stock, valued at approximately $3,002,192,354.84. This trade represents a 0.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders have sold a total of 76,500 shares of company stock worth $18,804,983 over the last 90 days. 3.00% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. Sanford C. Bernstein reduced their price objective on shares of Salesforce from $255.00 to $221.00 and set an “underperform” rating for the company in a research report on Thursday, September 4th. DA Davidson reissued a “neutral” rating and issued a $225.00 price objective on shares of Salesforce in a report on Thursday, October 16th. Citigroup upped their price objective on shares of Salesforce from $275.00 to $276.00 and gave the company a “neutral” rating in a report on Tuesday, September 9th. Royal Bank Of Canada dropped their price objective on shares of Salesforce from $275.00 to $250.00 and set a “sector perform” rating for the company in a report on Thursday, September 4th. Finally, Morgan Stanley upped their price objective on shares of Salesforce from $404.00 to $405.00 and gave the company an “overweight” rating in a report on Tuesday, September 2nd. Twenty-five investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $325.23.

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.