Arlington Financial Advisors LLC Raises Stock Holdings in Salesforce Inc. $CRM

Arlington Financial Advisors LLC boosted its stake in Salesforce Inc. (NYSE:CRM) by 2.0% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 15,558 shares of the CRM provider’s stock after acquiring an additional 307 shares during the period. Arlington Financial Advisors LLC’s holdings in Salesforce were worth $4,243,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Diversified Trust Co increased its stake in Salesforce by 30.1% during the second quarter. Diversified Trust Co now owns 27,786 shares of the CRM provider’s stock worth $7,577,000 after purchasing an additional 6,430 shares during the period. Neville Rodie & Shaw Inc. increased its stake in Salesforce by 4.6% during the second quarter. Neville Rodie & Shaw Inc. now owns 59,970 shares of the CRM provider’s stock worth $16,353,000 after purchasing an additional 2,644 shares during the period. AG2R LA Mondiale Gestion D Actifs purchased a new stake in Salesforce during the first quarter worth about $9,367,000. Jones Financial Companies Lllp grew its position in shares of Salesforce by 31.2% during the first quarter. Jones Financial Companies Lllp now owns 344,887 shares of the CRM provider’s stock worth $93,016,000 after buying an additional 81,916 shares in the last quarter. Finally, Wesbanco Bank Inc. grew its position in shares of Salesforce by 6.8% during the second quarter. Wesbanco Bank Inc. now owns 110,968 shares of the CRM provider’s stock worth $30,260,000 after buying an additional 7,091 shares in the last quarter. 80.43% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on CRM shares. Wells Fargo & Company lowered their price objective on Salesforce from $275.00 to $265.00 and set an “equal weight” rating for the company in a research report on Thursday, September 4th. Roth Capital reissued a “buy” rating and set a $395.00 price objective on shares of Salesforce in a research report on Thursday, September 4th. Weiss Ratings reissued a “hold (c)” rating on shares of Salesforce in a research report on Tuesday. Cantor Fitzgerald reissued an “overweight” rating and set a $325.00 price objective on shares of Salesforce in a research report on Thursday, September 4th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $400.00 price target on shares of Salesforce in a report on Thursday, September 4th. Twenty-five research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $328.22.

Salesforce Price Performance

Shares of NYSE CRM opened at $239.87 on Wednesday. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.14. Salesforce Inc. has a twelve month low of $226.48 and a twelve month high of $369.00. The stock has a 50 day moving average of $244.47 and a two-hundred day moving average of $258.36. The stock has a market cap of $228.36 billion, a P/E ratio of 34.87, a P/E/G ratio of 2.15 and a beta of 1.19.

Salesforce (NYSE:CRM) last issued its quarterly earnings data 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 return on equity of 13.27% and a net margin of 16.87%.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 previous year, the business earned $2.56 earnings per share. The firm’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. On average, research analysts forecast that Salesforce Inc. will post 7.46 earnings per share for the current year.

Salesforce Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 9th. Shareholders of record on Wednesday, September 17th were given a dividend of $0.416 per share. The ex-dividend date 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%.

Insiders Place Their Bets

In other Salesforce news, CEO Marc Benioff sold 2,250 shares of the company’s stock in a transaction on Monday, August 11th. The shares were sold at an average price of $236.45, for a total transaction of $532,012.50. Following the completion of the transaction, the chief executive officer owned 11,911,571 shares in the company, valued at approximately $2,816,490,962.95. This represents a 0.02% decrease in their position. The sale was disclosed in a 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 business’s stock in a transaction on Tuesday, September 9th. The shares were purchased at an average price of $254.66 per share, with a total value of $865,844.00. Following the transaction, the director owned 3,824 shares in the company, valued at $973,819.84. The trade was a 801.89% increase in their position. The disclosure for this purchase can be found here. In the last 90 days, insiders have sold 78,750 shares of company stock valued at $19,572,233. 3.00% of the stock is owned by insiders.

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.