Brookwood Investment Group LLC Acquires 1,075 Shares of Salesforce Inc. $CRM

Brookwood Investment Group LLC boosted its stake in Salesforce Inc. (NYSE:CRM) by 53.7% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,077 shares of the CRM provider’s stock after purchasing an additional 1,075 shares during the quarter. Brookwood Investment Group LLC’s holdings in Salesforce were worth $839,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of CRM. Painted Porch Advisors LLC raised its stake in Salesforce by 260.0% in the second quarter. Painted Porch Advisors LLC now owns 90 shares of the CRM provider’s stock valued at $25,000 after purchasing an additional 65 shares in the last quarter. Capital A Wealth Management LLC raised its stake in Salesforce by 450.0% in the first 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 in the last quarter. CBIZ Investment Advisory Services LLC raised its stake in Salesforce by 314.8% in the first 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 in the last quarter. Abound Financial LLC acquired a new position in Salesforce in the first quarter valued at about $31,000. Finally, Christopher J. Hasenberg Inc raised its stake in Salesforce by 383.3% in the second 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 in the last quarter. Institutional investors and hedge funds own 80.43% of the company’s stock.

Insider Buying and Selling at Salesforce

In other news, CEO Marc Benioff sold 2,250 shares of the business’s stock in a transaction dated Friday, October 24th. The stock was sold at an average price of $255.56, for a total transaction of $575,010.00. Following the sale, the chief executive officer directly owned 11,911,571 shares in the company, valued at approximately $3,044,121,084.76. The trade was a 0.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders sold 78,750 shares of company stock worth $19,394,393 in the last quarter. Insiders own 3.00% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently commented on the company. Citigroup boosted their price target on Salesforce from $275.00 to $276.00 and gave the company a “neutral” rating in a research note on Tuesday, September 9th. Robert W. Baird lowered their target price on Salesforce from $365.00 to $325.00 and set an “outperform” rating for the company in a research note on Thursday, September 4th. Northland Securities downgraded Salesforce from an “outperform” rating to a “market perform” rating and set a $264.00 target price for the company. in a research note on Tuesday, October 14th. Macquarie reissued a “neutral” rating and set a $250.00 target price on shares of Salesforce in a research note on Thursday, October 16th. Finally, Wedbush reissued an “outperform” rating and set a $375.00 target price on shares of Salesforce in a research note on Thursday, October 16th. Twenty-five research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $325.23.

Salesforce Stock Performance

NYSE:CRM opened at $255.49 on Tuesday. The stock has a market cap of $243.23 billion, a P/E ratio of 37.14, a price-to-earnings-growth ratio of 2.14 and a beta of 1.19. 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 stock’s 50-day moving average is $246.75 and its 200-day moving average is $258.05. Salesforce Inc. has a 1-year low of $226.48 and a 1-year high of $369.00.

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 the consensus estimate of $2.78 by $0.13. The company had revenue of $10.24 billion for the quarter, compared to analysts’ expectations of $10.14 billion. Salesforce had a return on equity of 13.27% and a net margin of 16.87%.The business’s quarterly revenue was up 9.8% compared to the same quarter last year. During the same period in the previous year, the business posted $2.56 earnings per share. 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 anticipate that Salesforce Inc. will post 7.46 earnings per share for the current year.

Salesforce Announces Dividend

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