Schnieders Capital Management LLC Has $506,000 Stock Position in Salesforce Inc. $CRM

Schnieders Capital Management LLC raised its position in shares of Salesforce Inc. (NYSE:CRM) by 118.9% in the second quarter, according to its most recent filing with the SEC. The firm owned 1,854 shares of the CRM provider’s stock after purchasing an additional 1,007 shares during the quarter. Schnieders Capital Management LLC’s holdings in Salesforce were worth $506,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its holdings in Salesforce by 13.7% in the fourth quarter. Brighton Jones LLC now owns 25,668 shares of the CRM provider’s stock valued at $8,582,000 after buying an additional 3,102 shares during the period. Revolve Wealth Partners LLC raised its position in shares of Salesforce by 12.6% in the 4th quarter. Revolve Wealth Partners LLC now owns 1,827 shares of the CRM provider’s stock worth $611,000 after acquiring an additional 205 shares in the last quarter. Bison Wealth LLC lifted its stake in shares of Salesforce by 9.0% in the 4th quarter. Bison Wealth LLC now owns 2,234 shares of the CRM provider’s stock valued at $747,000 after purchasing an additional 184 shares during the period. GAMMA Investing LLC boosted its position in shares of Salesforce by 13.9% during the 1st quarter. GAMMA Investing LLC now owns 14,166 shares of the CRM provider’s stock valued at $3,802,000 after purchasing an additional 1,725 shares in the last quarter. Finally, PFG Investments LLC grew its stake in Salesforce by 2.7% during the first quarter. PFG Investments LLC now owns 6,192 shares of the CRM provider’s stock worth $1,662,000 after purchasing an additional 163 shares during the period. Institutional investors own 80.43% of the company’s stock.

Salesforce Stock Down 1.1%

Shares of NYSE CRM opened at $243.27 on Monday. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.12 and a quick ratio of 1.12. The company has a 50-day moving average price of $244.38 and a 200-day moving average price of $257.79. The stock has a market capitalization of $231.59 billion, a P/E ratio of 35.36, a P/E/G ratio of 2.04 and a beta of 1.19. Salesforce Inc. has a 1 year low of $226.48 and a 1 year high of $369.00.

Salesforce (NYSE:CRM) last posted its earnings results on Wednesday, September 3rd. The CRM provider reported $2.91 earnings per share for the quarter, topping analysts’ consensus estimates of $2.78 by $0.13. The company had revenue of $10.24 billion for the quarter, compared to analyst estimates of $10.14 billion. Salesforce had a net margin of 16.87% and a return on equity of 13.27%. The firm’s revenue was up 9.8% compared to the same quarter last year. During the same quarter in the prior year, the business 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 research analysts forecast that Salesforce Inc. will post 7.46 EPS 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 Transactions at Salesforce

In other Salesforce news, CEO Marc Benioff sold 2,250 shares of the firm’s stock in a transaction on Wednesday, October 15th. The stock was sold at an average price of $238.37, for a total transaction of $536,332.50. Following the transaction, the chief executive officer directly owned 11,911,571 shares in the company, valued at approximately $2,839,361,179.27. This trade represents a 0.02% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders sold a total of 76,500 shares of company stock worth $18,929,903 in the last ninety days. Corporate insiders own 3.00% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the company. KeyCorp dropped their price target on Salesforce from $440.00 to $400.00 and set an “overweight” rating on the stock in a research note on Thursday, September 4th. Citigroup increased their target price on shares of Salesforce from $275.00 to $276.00 and gave the stock a “neutral” rating in a research note on Tuesday, September 9th. Roth Capital restated a “buy” rating and issued a $395.00 price target on shares of Salesforce in a report on Thursday, September 4th. 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. Finally, Wedbush reissued an “outperform” rating and set a $375.00 price objective on shares of Salesforce in a research report on Thursday. Twenty-five analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target 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.