Wealthcare Advisory Partners LLC Grows Stock Holdings in Salesforce Inc. $CRM

Wealthcare Advisory Partners LLC increased its holdings in shares of Salesforce Inc. (NYSE:CRM) by 30.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,036 shares of the CRM provider’s stock after purchasing an additional 2,602 shares during the period. Wealthcare Advisory Partners LLC’s holdings in Salesforce were worth $3,009,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Hill Island Financial LLC grew its position in Salesforce by 13.7% during the 2nd quarter. Hill Island Financial LLC now owns 2,838 shares of the CRM provider’s stock worth $774,000 after purchasing an additional 342 shares during the period. Boston Common Asset Management LLC lifted its holdings in shares of Salesforce by 44.8% in the 2nd quarter. Boston Common Asset Management LLC now owns 116,177 shares of the CRM provider’s stock valued at $31,680,000 after buying an additional 35,918 shares during the period. Talbot Financial LLC boosted its stake in shares of Salesforce by 28.9% in the second quarter. Talbot Financial LLC now owns 78,826 shares of the CRM provider’s stock worth $21,495,000 after buying an additional 17,675 shares during the last quarter. Clarius Group LLC grew its holdings in Salesforce by 1.1% during the second quarter. Clarius Group LLC now owns 11,579 shares of the CRM provider’s stock worth $3,158,000 after acquiring an additional 128 shares during the period. Finally, Willner & Heller LLC raised its position in Salesforce by 7.4% during the second quarter. Willner & Heller LLC now owns 1,103 shares of the CRM provider’s stock valued at $301,000 after acquiring an additional 76 shares in the last quarter. 80.43% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Salesforce

In related news, Director David Blair Kirk purchased 3,400 shares of the business’s stock in a transaction that occurred on Tuesday, September 9th. The stock was purchased at an average price of $254.66 per share, with a total value of $865,844.00. Following the completion of the acquisition, the director owned 3,824 shares in the company, valued at $973,819.84. This trade represents a 801.89% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Marc Benioff sold 2,250 shares of the business’s stock in a transaction on Friday, August 1st. The stock was sold at an average price of $251.94, for a total value of $566,865.00. Following the transaction, the chief executive officer directly owned 11,911,571 shares in the company, valued at $3,001,001,197.74. This trade represents a 0.02% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 78,750 shares of company stock worth $19,747,868. Insiders own 3.00% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have commented on CRM. Macquarie restated a “neutral” rating and issued a $290.00 price objective on shares of Salesforce in a research report on Thursday, September 4th. Piper Sandler lowered their price target on shares of Salesforce from $335.00 to $315.00 and set an “overweight” rating on the stock in a report on Thursday, September 4th. Bank of America cut their price objective on shares of Salesforce from $350.00 to $325.00 and set a “buy” rating for the company in a report on Tuesday, August 26th. Sanford C. Bernstein lowered their target price on shares of Salesforce from $255.00 to $221.00 and set an “underperform” rating on the stock in a research note on Thursday, September 4th. Finally, Cantor Fitzgerald restated an “overweight” rating and set a $325.00 target price on shares of Salesforce in a research report on Thursday, September 4th. Twenty-six equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $332.58.

Salesforce Stock Up 2.3%

Shares of CRM opened at $245.85 on Tuesday. The stock has a 50 day moving average price of $246.17 and a 200 day moving average price of $259.80. Salesforce Inc. has a one year low of $226.48 and a one year high of $369.00. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.12 and a current ratio of 1.12. The stock has a market capitalization of $234.05 billion, a price-to-earnings ratio of 35.73, a PEG ratio of 2.08 and a beta of 1.19.

Salesforce (NYSE:CRM) last announced 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 for the quarter, compared to analyst estimates of $10.14 billion. During the same quarter last year, the firm posted $2.56 EPS. 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. Equities research analysts forecast that Salesforce Inc. will post 7.46 earnings per share for the current fiscal year.

Salesforce Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 9th. Shareholders of record on Wednesday, September 17th will be paid a $0.416 dividend. This represents a $1.66 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Wednesday, September 17th. Salesforce’s dividend payout ratio (DPR) is 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.