Salesforce Inc. $CRM Stock Position Lifted by Boston Trust Walden Corp

Boston Trust Walden Corp lifted its holdings in Salesforce Inc. (NYSE:CRM) by 50.1% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 3,086 shares of the CRM provider’s stock after purchasing an additional 1,030 shares during the quarter. Boston Trust Walden Corp’s holdings in Salesforce were worth $842,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. Brighton Jones LLC lifted its position in Salesforce by 13.7% in 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 lifted its position in Salesforce by 12.6% in the fourth quarter. Revolve Wealth Partners LLC now owns 1,827 shares of the CRM provider’s stock worth $611,000 after purchasing an additional 205 shares during the period. Bison Wealth LLC lifted its position in Salesforce by 9.0% in the fourth quarter. Bison Wealth LLC now owns 2,234 shares of the CRM provider’s stock worth $747,000 after purchasing an additional 184 shares during the period. GAMMA Investing LLC lifted its position in Salesforce by 13.9% in the first quarter. GAMMA Investing LLC now owns 14,166 shares of the CRM provider’s stock worth $3,802,000 after purchasing an additional 1,725 shares during the period. Finally, Inscription Capital LLC bought a new stake in shares of Salesforce in the 1st quarter worth approximately $685,000. Institutional investors own 80.43% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently commented on CRM shares. Northland Capmk downgraded shares of Salesforce from a “strong-buy” rating to a “hold” rating in a report on Tuesday. Oppenheimer dropped their target price on shares of Salesforce from $370.00 to $315.00 and set an “outperform” rating on the stock in a report on Tuesday, August 26th. Barclays dropped their target price on shares of Salesforce from $347.00 to $316.00 and set an “overweight” rating on the stock in a report on Monday, August 18th. Bank of America dropped their target price on shares of Salesforce from $350.00 to $325.00 and set a “buy” rating on the stock in a report on Tuesday, August 26th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $400.00 price target on shares of Salesforce in a research note on Thursday, September 4th. Twenty-five research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $328.22.

Salesforce Stock Down 1.3%

CRM stock 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 company has a market cap of $225.24 billion, a price-to-earnings ratio of 34.39, a PEG ratio of 2.07 and a beta of 1.19. The company has a 50 day moving average of $244.22 and a two-hundred day moving average of $258.21.

Salesforce (NYSE:CRM) last released 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. The company had revenue of $10.24 billion during the quarter, compared to the consensus estimate of $10.14 billion. Salesforce had a return on equity of 13.27% and a net margin of 16.87%.The firm’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 EPS. Salesforce has set its FY 2026 guidance at 11.330-11.370 EPS. Q3 2026 guidance at 2.840-2.860 EPS. On average, equities analysts anticipate that Salesforce Inc. will post 7.46 earnings per share for the current fiscal year.

Salesforce Announces Dividend

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

Insider Activity

In other news, CEO Marc Benioff sold 2,250 shares of the company’s stock in a transaction dated Monday, October 13th. The stock was 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 in the company, valued at approximately $2,929,174,424.61. This represents a 0.02% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In the last ninety days, insiders sold 78,750 shares of company stock worth $19,572,233. Corporate 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.