Salesforce Inc. $CRM Stock Holdings Boosted by Milestone Asset Management LLC

Milestone Asset Management LLC lifted its stake in Salesforce Inc. (NYSE:CRM) by 190.6% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 13,197 shares of the CRM provider’s stock after purchasing an additional 8,655 shares during the quarter. Milestone Asset Management LLC’s holdings in Salesforce were worth $3,030,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. BlackRock Inc. acquired a new stake in Salesforce during the 2nd quarter worth about $11,396,844,000. Bank of America Corp DE purchased a new stake in Salesforce during the second quarter valued at about $1,914,086,000. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Salesforce by 130.2% in the first quarter. Arrowstreet Capital Limited Partnership now owns 12,659,217 shares of the CRM provider’s stock worth $2,363,096,000 after buying an additional 7,160,302 shares during the period. Legal & General Group Plc acquired a new position in shares of Salesforce in the second quarter worth about $927,332,000. Finally, Bank of New York Mellon Corp acquired a new position in shares of Salesforce in the second quarter worth about $844,928,000. Hedge funds and other institutional investors own 80.43% of the company’s stock.

More Salesforce News

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: An analyst upgrade helped lift Salesforce, adding to favorable sentiment around its valuation, earnings outlook and AI growth prospects. Salesforce Shares Climb on Analyst Upgrade
• Positive Sentiment: Salesforce benefited from broad strength in enterprise software and a major United Kingdom deal, while technical analysts pointed to a bullish flag breakout, a double-bottom pattern and a weekly reversal that could extend the recovery. Why Is Salesforce Stock Gaining Thursday? Salesforce Price Forecast
• Positive Sentiment: ZoomInfo was named a flagship data partner for Salesforce’s new Hunter outbound sales agent. Hunter will combine CRM data with live intelligence to identify prospects and recommend next actions, reinforcing Salesforce’s strategy of embedding AI into Sales Cloud. ZoomInfo Named a Flagship Data Partner for Hunter
• Positive Sentiment: One investment-fund review argued that Salesforce’s AI integration is increasing the value of its core enterprise platform. Another comparison gave Salesforce an edge over ServiceNow based on stronger earnings-estimate revisions, faster AI growth and a lower valuation. Salesforce AI Integration Enhances Platform Value Salesforce vs. ServiceNow
• Neutral Sentiment: Investors continue comparing Salesforce with ServiceNow. Salesforce generates more revenue, but ServiceNow has posted faster and more consistent year-over-year growth, highlighting the need for Salesforce to accelerate its expansion. Salesforce vs. ServiceNow Revenue Trends
• Negative Sentiment: Some investors remain skeptical that agentic AI will meaningfully improve Salesforce’s profits, particularly because many customers have not yet upgraded to newer offerings. That uncertainty could limit further gains until AI monetization becomes clearer. Agentic AI Skepticism

Salesforce Trading Up 4.5%

Shares of NYSE CRM opened at $246.66 on Friday. Salesforce Inc. has a one year low of $146.32 and a one year high of $269.11. The firm has a market capitalization of $203.00 billion, a PE ratio of 22.49, a PEG ratio of 1.07 and a beta of 1.26. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 1.02. The business has a 50-day moving average price of $230.50 and a two-hundred day moving average price of $194.50.

Salesforce (NYSE:CRM) last released its earnings results on Wednesday, August 26th. The CRM provider reported $5.90 earnings per share for the quarter, beating the consensus estimate of $3.27 by $2.63. The company had revenue of $11.35 billion for the quarter, compared to analysts’ expectations of $11.33 billion. Salesforce had a return on equity of 24.90% and a net margin of 21.99%. The business’s revenue for the quarter was up 10.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.91 EPS. 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, analysts predict that Salesforce Inc. will post 12.82 earnings per share for the current fiscal year.

Salesforce Dividend Announcement

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

Insider Buying and Selling

In related news, Director David Blair Kirk acquired 4,176 shares of the company’s stock in a transaction on Friday, September 18th. The shares were purchased at an average price of $239.33 per share, for a total transaction of $999,442.08. Following the purchase, the director owned 18,748 shares in the company, valued at $4,486,958.84. This represents a 28.66% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Craig Conway sold 4,500 shares of the stock in a transaction that occurred on Friday, September 4th. The stock was sold at an average price of $260.61, for a total transaction of $1,172,745.00. Following the completion of the sale, the director owned 5,437 shares of the company’s stock, valued at approximately $1,416,936.57. The trade was a 45.29% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 3.50% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently weighed in on CRM. Citizens Jmp reissued a “market outperform” rating and issued a $315.00 target price on shares of Salesforce in a research report on Friday, September 18th. Weiss Ratings upgraded shares of Salesforce from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, September 24th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Salesforce in a research note on Monday. They issued a “buy” rating for the company. UBS Group reiterated a “buy” rating on shares of Salesforce in a research report on Friday, September 11th. Finally, Scotiabank cut shares of Salesforce from a “sector outperform” rating to a “sector perform” rating in a research report on Thursday, June 18th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, thirteen have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $278.12.

Salesforce Profile

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.