Wincap Financial LLC Acquires 119 Shares of Salesforce Inc. $CRM

Wincap Financial LLC grew its holdings in shares of Salesforce Inc. (NYSE:CRM) by 3.1% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 3,936 shares of the CRM provider’s stock after buying an additional 119 shares during the quarter. Wincap Financial LLC’s holdings in Salesforce were worth $1,073,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the business. Motley Fool Asset Management LLC grew its stake in shares of Salesforce by 1.9% during the second quarter. Motley Fool Asset Management LLC now owns 83,932 shares of the CRM provider’s stock valued at $22,887,000 after buying an additional 1,548 shares during the last quarter. GPM Growth Investors Inc. boosted its position in Salesforce by 14.0% in the 2nd quarter. GPM Growth Investors Inc. now owns 12,016 shares of the CRM provider’s stock valued at $3,277,000 after buying an additional 1,472 shares during the period. IQ EQ FUND MANAGEMENT IRELAND Ltd boosted its position in Salesforce by 57.7% in the 2nd quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 3,006 shares of the CRM provider’s stock valued at $820,000 after buying an additional 1,100 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its position in Salesforce by 19.3% in the 2nd quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 153,655 shares of the CRM provider’s stock valued at $41,900,000 after buying an additional 24,900 shares during the period. Finally, Advisory Alpha LLC boosted its position in Salesforce by 30.9% in the 2nd quarter. Advisory Alpha LLC now owns 3,571 shares of the CRM provider’s stock valued at $974,000 after buying an additional 843 shares during the period. Institutional investors own 80.43% of the company’s stock.

Analyst Ratings Changes

Several research firms have issued reports on CRM. DA Davidson reissued a “neutral” rating and issued a $225.00 price objective on shares of Salesforce in a research report on Thursday, October 16th. Needham & Company LLC reissued a “buy” rating and issued a $400.00 price objective on shares of Salesforce in a research report on Thursday, October 16th. Barclays lowered their price objective on shares of Salesforce from $347.00 to $316.00 and set an “overweight” rating for the company in a research report on Monday, August 18th. KeyCorp lowered their price objective on shares of Salesforce from $440.00 to $400.00 and set an “overweight” rating for the company in a research report on Thursday, September 4th. Finally, Wells Fargo & Company lowered their price objective on shares of Salesforce from $275.00 to $265.00 and set an “equal weight” rating for the company in a research report on Thursday, September 4th. Twenty-five analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Salesforce has an average rating of “Moderate Buy” and a consensus target price of $325.23.

Insider Buying and Selling

In related news, CEO Marc Benioff sold 2,250 shares of the stock in a transaction that occurred on Friday, October 24th. The shares were sold at an average price of $255.56, for a total transaction of $575,010.00. Following the completion of the sale, the chief executive officer owned 11,911,571 shares of the company’s stock, valued at $3,044,121,084.76. This represents a 0.02% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders have sold a total of 78,750 shares of company stock worth $19,394,393 over the last three months. Corporate insiders own 3.00% of the company’s stock.

Salesforce Trading Up 0.3%

NYSE:CRM opened at $255.49 on Tuesday. Salesforce Inc. has a 52 week low of $226.48 and a 52 week high of $369.00. The firm has a 50 day moving average of $246.75 and a 200 day moving average of $258.05. 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 stock has a market capitalization of $243.23 billion, a price-to-earnings ratio of 37.14, a PEG ratio of 2.14 and a beta of 1.19.

Salesforce (NYSE:CRM) last posted its earnings results on Wednesday, September 3rd. The CRM provider reported $2.91 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 13.27%. The company had revenue of $10.24 billion during the quarter, compared to analysts’ expectations of $10.14 billion. During the same quarter in the prior year, the company posted $2.56 earnings per share. Salesforce’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. As a group, sell-side analysts anticipate that Salesforce Inc. will post 7.46 earnings per share for the current fiscal year.

Salesforce Dividend Announcement

The company 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 dividend on an annualized basis and a yield of 0.7%. Salesforce’s dividend payout ratio is presently 24.13%.

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.