Total Clarity Wealth Management Inc. Has $253,000 Stock Position in Salesforce Inc. $CRM

Total Clarity Wealth Management Inc. lifted its stake in Salesforce Inc. (NYSE:CRM) by 35.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 926 shares of the CRM provider’s stock after acquiring an additional 240 shares during the period. Total Clarity Wealth Management Inc.’s holdings in Salesforce were worth $253,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Vanguard Group Inc. grew its stake in shares of Salesforce by 1.6% in the first quarter. Vanguard Group Inc. now owns 87,913,628 shares of the CRM provider’s stock worth $23,592,501,000 after acquiring an additional 1,383,942 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Salesforce by 6.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 9,258,518 shares of the CRM provider’s stock worth $2,484,616,000 after buying an additional 600,386 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in Salesforce by 5.1% during the first quarter. Goldman Sachs Group Inc. now owns 9,014,148 shares of the CRM provider’s stock worth $2,419,037,000 after buying an additional 437,435 shares in the last quarter. Nuveen LLC acquired a new stake in Salesforce during the first quarter worth $2,039,196,000. Finally, Charles Schwab Investment Management Inc. boosted its stake in Salesforce by 4.9% during the first quarter. Charles Schwab Investment Management Inc. now owns 6,362,035 shares of the CRM provider’s stock worth $1,707,316,000 after buying an additional 295,681 shares in the last quarter. Institutional investors and hedge funds own 80.43% of the company’s stock.

Salesforce Stock Up 2.9%

Shares of NYSE:CRM opened at $248.77 on Tuesday. Salesforce Inc. has a 52 week low of $226.48 and a 52 week 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 fifty day moving average is $244.61 and its 200-day moving average is $258.49. The company has a market capitalization of $236.83 billion, a PE ratio of 36.16, a P/E/G ratio of 2.09 and a beta of 1.19.

Salesforce (NYSE:CRM) last issued its earnings results on Wednesday, September 3rd. The CRM provider reported $2.91 EPS 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 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. The firm’s revenue for the quarter 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. Equities research analysts predict that Salesforce Inc. will post 7.46 earnings per share for the current fiscal year.

Salesforce Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 9th. Investors of record on Wednesday, September 17th were issued a $0.416 dividend. This represents a $1.66 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Wednesday, September 17th. Salesforce’s payout ratio is currently 24.13%.

Insider Transactions at Salesforce

In related news, CEO Marc Benioff sold 2,250 shares of Salesforce stock in a transaction dated Friday, August 8th. The stock was sold at an average price of $240.34, for a total value of $540,765.00. Following the completion of the transaction, the chief executive officer directly owned 11,911,571 shares of the company’s stock, valued at $2,862,826,974.14. The trade was a 0.02% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director David Blair Kirk purchased 3,400 shares of the business’s stock in a transaction that occurred on Tuesday, September 9th. The stock was acquired at an average cost of $254.66 per share, with a total value of $865,844.00. Following the completion of the acquisition, the director directly owned 3,824 shares of the company’s stock, valued at $973,819.84. The trade was a 801.89% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders sold 76,500 shares of company stock valued at $19,049,130 over the last ninety days. 3.00% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

CRM has been the topic of a number of recent research reports. KeyCorp decreased their price target on shares of Salesforce from $440.00 to $400.00 and set an “overweight” rating on the stock in a research note on Thursday, September 4th. Stifel Nicolaus decreased their price target on shares of Salesforce from $325.00 to $300.00 and set a “buy” rating on the stock in a research note on Thursday, October 9th. Cantor Fitzgerald reiterated an “overweight” rating and set a $325.00 price target on shares of Salesforce in a research note on Thursday, September 4th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Salesforce in a research note on Saturday, September 27th. Finally, Canaccord Genuity Group decreased their price target on shares of Salesforce from $350.00 to $300.00 and set a “buy” rating on the stock in a research note on Thursday, September 4th. Twenty-six research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $331.89.

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.