25,653 Salesforce Inc. $CRM Shares Sold by Fort Washington Investment Advisors Inc. OH

Fort Washington Investment Advisors Inc. OH decreased its position in shares of Salesforce Inc. (NYSE:CRM) by 2.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 874,628 shares of the CRM provider’s stock after selling 25,653 shares during the quarter. Salesforce accounts for approximately 1.0% of Fort Washington Investment Advisors Inc. OH’s investment portfolio, making the stock its 22nd largest position. Fort Washington Investment Advisors Inc. OH owned 0.11% of Salesforce worth $200,788,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of CRM. BlackRock Inc. bought a new stake in shares of Salesforce during the 2nd quarter worth approximately $11,396,844,000. Arrowstreet Capital Limited Partnership increased its stake in Salesforce by 130.2% in the first quarter. Arrowstreet Capital Limited Partnership now owns 12,659,217 shares of the CRM provider’s stock valued at $2,363,096,000 after acquiring an additional 7,160,302 shares during the last quarter. Bank of America Corp DE increased its stake in Salesforce by 28.0% in the first quarter. Bank of America Corp DE now owns 11,724,790 shares of the CRM provider’s stock valued at $2,188,666,000 after acquiring an additional 2,561,923 shares during the last quarter. Legal & General Group Plc bought a new position in Salesforce in the second quarter valued at approximately $927,332,000. Finally, Bank of New York Mellon Corp acquired a new position in Salesforce during the second quarter valued at approximately $844,928,000. 80.43% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

CRM has been the subject of several recent analyst reports. Citigroup restated a “market outperform” rating on shares of Salesforce in a research note on Friday, September 18th. Erste Group Bank raised Salesforce from a “hold” rating to a “buy” rating in a report on Wednesday, August 5th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $250.00 price target on shares of Salesforce in a research note on Thursday, September 17th. Phillip Securities cut Salesforce from a “buy” rating to a “hold” rating and lowered their price target for the stock from $253.00 to $166.00 in a report on Monday, June 29th. Finally, BTIG Research reissued a “buy” rating and set a $300.00 price target on shares of Salesforce in a report on Wednesday, September 2nd. Three research analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating, thirteen have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $278.12.

Insider Transactions at Salesforce

In other Salesforce news, Director Craig Conway sold 4,500 shares of the business’s stock in a transaction that occurred on Friday, September 4th. The shares were sold at an average price of $260.61, for a total transaction of $1,172,745.00. Following the sale, the director directly owned 5,437 shares of the company’s stock, valued at $1,416,936.57. The trade was a 45.29% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director David Blair Kirk purchased 4,176 shares of the firm’s stock in a transaction on Friday, September 18th. The stock was acquired at an average price of $239.33 per share, with a total value of $999,442.08. Following the completion of the transaction, the director owned 18,748 shares in the company, valued at approximately $4,486,958.84. This trade represents a 28.66% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 3.50% of the company’s stock.

Salesforce News Roundup

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Analyst upgrade and AI acquisition support sentiment: Bank of America reportedly issued a rare double upgrade, arguing that Salesforce’s AI offerings could deepen customer dependence on its platform. The bullish call followed Salesforce’s agreement to acquire AI-powered analytics platform Loops, which could strengthen its data and analytics capabilities. Salesforce Gets a Rare BofA Double Upgrade
• Positive Sentiment: Technical setup points to additional upside: A weekly bullish reversal, daily double-bottom pattern and potential bullish-flag breakout suggest the post-breakout pullback may be ending, according to technical analysis. Salesforce Price Forecast
• Positive Sentiment: Expanded DocuSign partnership adds an AI workflow catalyst: DocuSign’s Intelligent Agreement Management platform will be integrated natively with Salesforce, Agentforce and Slack, potentially increasing the usefulness of Salesforce’s AI agents for revenue teams. DocuSign and Salesforce Launch Intelligent Agreement Management
• Neutral Sentiment: Relative valuation looks favorable: One comparison with ServiceNow concluded Salesforce has stronger earnings estimate revisions, faster AI growth and a lower valuation, although investors still need evidence that those advantages will translate into sustained growth. Salesforce vs. ServiceNow
• Negative Sentiment: AI monetization remains the key overhang: Despite earnings beats, skeptics question whether agentic AI can materially improve Salesforce’s profits. Reports also highlight AI cannibalization risks and note that many customers have not yet adopted a potentially important upgrade, leaving investors cautious about near-term revenue acceleration. Agentic AI Skepticism

Salesforce Trading Down 0.9%

NYSE CRM opened at $235.95 on Thursday. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 1.02. Salesforce Inc. has a twelve month low of $146.32 and a twelve month high of $269.11. The company has a market cap of $194.19 billion, a price-to-earnings ratio of 21.51, a price-to-earnings-growth ratio of 1.08 and a beta of 1.26. The business’s fifty day moving average is $229.31 and its 200 day moving average is $194.02.

Salesforce (NYSE:CRM) last issued its quarterly earnings data on Wednesday, August 26th. The CRM provider reported $5.90 earnings per share for the quarter, topping analysts’ consensus estimates of $3.27 by $2.63. Salesforce had a return on equity of 24.90% and a net margin of 21.99%. The business had revenue of $11.35 billion for the quarter, compared to analyst estimates of $11.33 billion. During the same quarter in the previous year, the company posted $2.91 EPS. Salesforce’s quarterly revenue was up 10.8% compared to the same quarter last year. Salesforce has set its FY 2027 guidance at 16.670-16.710 EPS and its Q3 2027 guidance at 3.420-3.440 EPS. As a group, sell-side analysts expect that Salesforce Inc. will post 12.82 EPS for the current fiscal year.

Salesforce Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, October 8th. Stockholders of record on Thursday, September 17th were paid a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Thursday, September 17th. Salesforce’s dividend payout ratio (DPR) is presently 16.04%.

About Salesforce

Salesforce, Inc (NYSE: CRM) develops cloud-based customer relationship management (CRM) software and enterprise applications. Its platform helps organizations manage sales, customer service, marketing, commerce, analytics, data integration and collaboration through subscription-based services.

The company’s product portfolio includes Sales Cloud, Service Cloud, Marketing Cloud, Commerce Cloud, Salesforce Platform, Data Cloud and Tableau. Salesforce also offers MuleSoft integration technology, Slack collaboration software and artificial intelligence capabilities through its Einstein platform.