Yoder Wealth Management Inc. Has $356,000 Position in Salesforce Inc. $CRM

Yoder Wealth Management Inc. raised its stake in shares of Salesforce Inc. (NYSE:CRM) by 6.3% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,307 shares of the CRM provider’s stock after buying an additional 77 shares during the quarter. Yoder Wealth Management Inc.’s holdings in Salesforce were worth $356,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Painted Porch Advisors LLC grew its position in shares of Salesforce by 260.0% during the 2nd quarter. Painted Porch Advisors LLC now owns 90 shares of the CRM provider’s stock worth $25,000 after buying an additional 65 shares during the period. Capital A Wealth Management LLC grew its position in shares of Salesforce by 450.0% in the 1st quarter. Capital A Wealth Management LLC now owns 110 shares of the CRM provider’s stock valued at $30,000 after purchasing an additional 90 shares during the period. CBIZ Investment Advisory Services LLC grew its position in shares of Salesforce by 314.8% in the 1st quarter. CBIZ Investment Advisory Services LLC now owns 112 shares of the CRM provider’s stock valued at $30,000 after purchasing an additional 85 shares during the period. Abound Financial LLC acquired a new position in shares of Salesforce in the 1st quarter valued at approximately $31,000. Finally, Christopher J. Hasenberg Inc grew its position in shares of Salesforce by 383.3% in the 2nd quarter. Christopher J. Hasenberg Inc now owns 116 shares of the CRM provider’s stock valued at $32,000 after purchasing an additional 92 shares during the period. 80.43% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director David Blair Kirk acquired 3,400 shares of the company’s stock in a transaction dated Tuesday, September 9th. The shares were bought at an average price of $254.66 per share, for a total transaction of $865,844.00. Following the purchase, the director directly owned 3,824 shares in the company, valued at approximately $973,819.84. This trade represents a 801.89% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Marc Benioff sold 2,250 shares of the company’s stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $236.38, for a total value of $531,855.00. Following the sale, the chief executive officer owned 11,911,571 shares in the company, valued at approximately $2,815,657,152.98. This represents a 0.02% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 81,000 shares of company stock worth $20,357,213. Company insiders own 3.00% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on CRM shares. Oppenheimer decreased their price objective on Salesforce from $370.00 to $315.00 and set an “outperform” rating for the company in a research report on Tuesday, August 26th. UBS Group decreased their price objective on Salesforce from $300.00 to $260.00 and set a “neutral” rating for the company in a research report on Monday, August 18th. Sanford C. Bernstein decreased their price objective on Salesforce from $255.00 to $221.00 and set an “underperform” rating for the company in a research report on Thursday, September 4th. Morgan Stanley boosted their price objective on Salesforce from $404.00 to $405.00 and gave the company an “overweight” rating in a research report on Tuesday, September 2nd. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Salesforce in a research report on Saturday, September 27th. Twenty-six equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $332.58.

Salesforce Trading Up 0.6%

NYSE:CRM opened at $240.25 on Friday. Salesforce Inc. has a twelve month low of $226.48 and a twelve month 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. The business has a 50 day moving average price of $246.66 and a two-hundred day moving average price of $260.32. The company has a market cap of $228.72 billion, a P/E ratio of 34.92, a price-to-earnings-growth ratio of 2.06 and a beta of 1.19.

Salesforce (NYSE:CRM) last released its quarterly earnings results on Wednesday, September 3rd. The CRM provider reported $2.91 earnings per share for the quarter, topping analysts’ consensus estimates of $2.78 by $0.13. Salesforce had a return on equity of 13.27% and a net margin of 16.87%.The firm had revenue of $10.24 billion during the quarter, compared to the consensus estimate of $10.14 billion. During the same quarter in the prior year, the firm posted $2.56 EPS. The business’s revenue 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. As a group, analysts expect that Salesforce Inc. will post 7.46 EPS for the current fiscal year.

Salesforce Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 9th. Stockholders of record on Wednesday, September 17th will be paid a dividend of $0.416 per share. The ex-dividend date is 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 currently 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.