Boston Partners Takes Position in Salesforce Inc. $CRM

Boston Partners bought a new stake in Salesforce Inc. (NYSE:CRM) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 36,734 shares of the CRM provider’s stock, valued at approximately $10,017,000.

A number of other institutional investors also recently bought and sold shares of CRM. Coign Capital Advisors LLC lifted its position in Salesforce by 1.7% during the first quarter. Coign Capital Advisors LLC now owns 2,183 shares of the CRM provider’s stock valued at $586,000 after purchasing an additional 37 shares during the period. Staley Capital Advisers Inc. raised its stake in shares of Salesforce by 1.1% during the 1st quarter. Staley Capital Advisers Inc. now owns 3,343 shares of the CRM provider’s stock valued at $897,000 after buying an additional 38 shares during the last quarter. KDT Advisors LLC lifted its holdings in shares of Salesforce by 4.1% in the 1st quarter. KDT Advisors LLC now owns 967 shares of the CRM provider’s stock valued at $260,000 after buying an additional 38 shares during the period. Scott & Selber Inc. lifted its holdings in shares of Salesforce by 0.7% in the 2nd quarter. Scott & Selber Inc. now owns 5,850 shares of the CRM provider’s stock valued at $1,595,000 after buying an additional 39 shares during the period. Finally, Hanson & Doremus Investment Management boosted its stake in shares of Salesforce by 6.9% in the second quarter. Hanson & Doremus Investment Management now owns 607 shares of the CRM provider’s stock worth $166,000 after buying an additional 39 shares during the last quarter. 80.43% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Salesforce

In related news, CEO Marc Benioff sold 122 shares of the stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $259.00, for a total value of $31,598.00. Following the transaction, the chief executive officer directly owned 11,911,571 shares of the company’s stock, valued at $3,085,096,889. This trade represents a 0.00% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Over the last quarter, insiders sold 54,122 shares of company stock worth $13,367,438. 3.00% of the stock is currently owned by company insiders.

Salesforce Price Performance

Salesforce stock opened at $230.79 on Friday. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.14. The company has a 50-day moving average price of $243.45 and a 200 day moving average price of $254.50. Salesforce Inc. has a 12-month low of $221.96 and a 12-month high of $369.00. The stock has a market cap of $219.71 billion, a P/E ratio of 33.55, a PEG ratio of 2.11 and a beta of 1.19.

Salesforce (NYSE:CRM) last announced its quarterly earnings results on Wednesday, September 3rd. The CRM provider reported $2.91 earnings per share 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 business had revenue of $10.24 billion during the quarter, compared to analysts’ expectations of $10.14 billion. During the same period last year, the business earned $2.56 earnings per share. The business’s revenue for the quarter was up 9.8% on a year-over-year basis. Salesforce has set its FY 2026 guidance at 11.330-11.370 EPS. Q3 2026 guidance at 2.840-2.860 EPS. Sell-side analysts anticipate that Salesforce Inc. will post 7.46 earnings per share for the current year.

Salesforce Announces Dividend

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

Wall Street Analysts Forecast Growth

CRM has been the subject of several analyst reports. Morgan Stanley increased their price target on shares of Salesforce from $404.00 to $405.00 and gave the stock an “overweight” rating in a report on Tuesday, September 2nd. Cantor Fitzgerald reiterated an “overweight” rating and issued a $325.00 price objective on shares of Salesforce in a research report on Tuesday. Needham & Company LLC restated a “buy” rating and set a $400.00 target price on shares of Salesforce in a research report on Thursday, October 16th. KeyCorp cut their price target on Salesforce from $440.00 to $400.00 and set an “overweight” rating for the company in a research note on Thursday, September 4th. Finally, JPMorgan Chase & Co. lowered their price target on Salesforce from $380.00 to $365.00 and set an “overweight” rating on the stock in a research report on Thursday, September 4th. Twenty-five analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Salesforce has a consensus rating of “Moderate Buy” and a consensus price target of $322.86.

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.