Talbot Financial LLC Raises Position in Salesforce Inc. $CRM

Talbot Financial LLC lifted its stake in shares of Salesforce Inc. (NYSE:CRM) by 28.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 78,826 shares of the CRM provider’s stock after purchasing an additional 17,675 shares during the period. Salesforce accounts for 2.0% of Talbot Financial LLC’s investment portfolio, making the stock its 13th biggest holding. Talbot Financial LLC’s holdings in Salesforce were worth $21,495,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of CRM. Brighton Jones LLC increased its stake in shares of Salesforce by 13.7% during the 4th 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 last quarter. Revolve Wealth Partners LLC increased its stake in shares of Salesforce by 12.6% during the 4th 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 last quarter. Bison Wealth LLC boosted its holdings in Salesforce by 9.0% in the 4th quarter. Bison Wealth LLC now owns 2,234 shares of the CRM provider’s stock worth $747,000 after buying an additional 184 shares during the period. Foster Group Inc. boosted its holdings in Salesforce by 10.9% in the 1st quarter. Foster Group Inc. now owns 1,173 shares of the CRM provider’s stock worth $315,000 after buying an additional 115 shares during the period. Finally, Sovereign Financial Group Inc. boosted its holdings in Salesforce by 4.9% in the 1st quarter. Sovereign Financial Group Inc. now owns 1,251 shares of the CRM provider’s stock worth $336,000 after buying an additional 58 shares during the period. Hedge funds and other institutional investors own 80.43% of the company’s stock.

Insiders Place Their Bets

In other Salesforce news, CEO Marc Benioff sold 2,250 shares of the business’s stock in a transaction dated Wednesday, July 30th. The shares were sold at an average price of $265.77, for a total value of $597,982.50. Following the transaction, the chief executive officer owned 11,911,571 shares in the company, valued at approximately $3,165,738,224.67. The trade was a 0.02% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director David Blair Kirk acquired 3,400 shares of the firm’s stock in a transaction on Tuesday, September 9th. The stock was purchased at an average price of $254.66 per share, for a total transaction of $865,844.00. Following the transaction, the director directly owned 3,824 shares of the company’s stock, valued at approximately $973,819.84. This trade represents a 801.89% increase in their position. The disclosure for this purchase can be found here. In the last quarter, insiders sold 81,000 shares of company stock worth $20,357,213. 3.00% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several research analysts recently commented on the stock. Roth Capital reaffirmed a “buy” rating and issued a $395.00 price objective on shares of Salesforce in a report on Thursday, September 4th. JPMorgan Chase & Co. cut their price objective on shares of Salesforce from $380.00 to $365.00 and set an “overweight” rating for the company in a report on Thursday, September 4th. Robert W. Baird cut their price objective on shares of Salesforce from $365.00 to $325.00 and set an “outperform” rating for the company in a report on Thursday, September 4th. Wall Street Zen downgraded shares of Salesforce from a “buy” rating to a “hold” rating in a report on Friday. Finally, Macquarie reaffirmed a “neutral” rating and issued a $290.00 price objective on shares of Salesforce in a report on Thursday, September 4th. Twenty-six equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $332.58.

Salesforce Price Performance

Shares of NYSE:CRM opened at $240.25 on Friday. The stock has a market cap of $228.72 billion, a PE ratio of 34.92, a PEG ratio of 2.08 and a beta of 1.19. The company’s fifty day moving average is $246.66 and its 200 day moving average is $260.19. Salesforce Inc. has a 52 week low of $226.48 and a 52 week 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.

Salesforce (NYSE:CRM) last issued its earnings results on Wednesday, September 3rd. The CRM provider reported $2.91 EPS 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 analysts’ expectations 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 last year, the company earned $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. Research analysts anticipate that Salesforce Inc. will post 7.46 earnings per share for the current year.

Salesforce Dividend Announcement

The firm 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 $0.416 dividend. This represents a $1.66 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Wednesday, September 17th. Salesforce’s dividend payout ratio (DPR) is presently 24.13%.

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.