Sepio Capital LP Sells 386 Shares of Salesforce Inc. $CRM

Sepio Capital LP trimmed its holdings in shares of Salesforce Inc. (NYSE:CRM) by 2.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,910 shares of the CRM provider’s stock after selling 386 shares during the quarter. Sepio Capital LP’s holdings in Salesforce were worth $4,001,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Coign Capital Advisors LLC grew its holdings in Salesforce by 1.7% during the 1st quarter. Coign Capital Advisors LLC now owns 2,183 shares of the CRM provider’s stock worth $586,000 after acquiring an additional 37 shares during the last quarter. Staley Capital Advisers Inc. grew its holdings in Salesforce by 1.1% during the 1st quarter. Staley Capital Advisers Inc. now owns 3,343 shares of the CRM provider’s stock worth $897,000 after acquiring an additional 38 shares during the last quarter. KDT Advisors LLC grew its holdings in Salesforce by 4.1% during the 1st quarter. KDT Advisors LLC now owns 967 shares of the CRM provider’s stock worth $260,000 after acquiring an additional 38 shares during the last quarter. Liberty One Investment Management LLC grew its holdings in Salesforce by 1.2% during the 1st quarter. Liberty One Investment Management LLC now owns 3,165 shares of the CRM provider’s stock worth $849,000 after acquiring an additional 39 shares during the last quarter. Finally, First Command Advisory Services Inc. grew its holdings in Salesforce by 7.3% during the 1st quarter. First Command Advisory Services Inc. now owns 572 shares of the CRM provider’s stock worth $154,000 after acquiring an additional 39 shares during the last quarter. 80.43% of the stock is owned by institutional investors.

Salesforce Stock Up 2.6%

Salesforce stock opened at $250.40 on Friday. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.14. Salesforce Inc. has a 12-month low of $226.48 and a 12-month high of $369.00. The firm’s fifty day moving average is $255.64 and its 200 day moving average is $266.68. The company has a market capitalization of $239.39 billion, a PE ratio of 36.40, a PEG ratio of 2.27 and a beta of 1.22.

Salesforce (NYSE:CRM) last released its earnings results on Wednesday, September 3rd. The CRM provider reported $2.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.78 by $0.13. Salesforce had a net margin of 16.87% and a return on equity of 13.34%. The company had revenue of $10.24 billion for the quarter, compared to the consensus estimate of $10.14 billion. During the same quarter in the previous year, the company earned $2.56 EPS. Salesforce’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. As a group, sell-side analysts predict 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 will be paid on Thursday, October 9th. Investors of record on Wednesday, September 17th will be given a dividend of $0.416 per share. This represents a $1.66 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Wednesday, September 17th. Salesforce’s payout ratio is presently 24.13%.

Insider Activity

In related news, CEO Marc Benioff sold 2,250 shares of the business’s stock in a transaction on Wednesday, July 16th. The shares were sold at an average price of $257.02, for a total transaction of $578,295.00. Following the transaction, the chief executive officer owned 11,911,571 shares in the company, valued at $3,061,511,978.42. The trade was a 0.02% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In the last 90 days, insiders have sold 66,077 shares of company stock worth $16,885,773. 3.00% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

CRM has been the topic of a number of research reports. BMO Capital Markets reduced their target price on shares of Salesforce from $335.00 to $280.00 and set an “outperform” rating on the stock in a report on Thursday. Robert W. Baird reduced their price objective on shares of Salesforce from $365.00 to $325.00 and set an “outperform” rating on the stock in a research note on Thursday. Northland Securities reduced their price objective on shares of Salesforce from $423.00 to $396.00 and set an “outperform” rating on the stock in a research note on Thursday, May 29th. Macquarie reaffirmed a “neutral” rating and issued a $290.00 price objective on shares of Salesforce in a research note on Thursday. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $325.00 price objective on shares of Salesforce in a research note on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Salesforce currently has an average rating of “Moderate Buy” and a consensus target price of $331.34.

Salesforce 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.