Reynders McVeigh Capital Management LLC Sells 2,701 Shares of Salesforce Inc. $CRM

Reynders McVeigh Capital Management LLC reduced its holdings in shares of Salesforce Inc. (NYSE:CRM) by 3.9% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 67,163 shares of the CRM provider’s stock after selling 2,701 shares during the period. Reynders McVeigh Capital Management LLC’s holdings in Salesforce were worth $10,522,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Marathon Wealth Advisors LLC raised its holdings in Salesforce by 1.2% in the 2nd quarter. Marathon Wealth Advisors LLC now owns 21,267 shares of the CRM provider’s stock worth $3,332,000 after purchasing an additional 260 shares during the period. ABS Direct Equity Fund LLC purchased a new stake in Salesforce in the second quarter worth about $25,000. Van Hulzen Asset Management LLC increased its position in Salesforce by 73.0% in the second quarter. Van Hulzen Asset Management LLC now owns 2,136 shares of the CRM provider’s stock worth $335,000 after buying an additional 901 shares in the last quarter. MCF Advisors LLC raised its stake in shares of Salesforce by 35.4% in the second quarter. MCF Advisors LLC now owns 3,486 shares of the CRM provider’s stock worth $547,000 after buying an additional 912 shares during the period. Finally, WINTON GROUP Ltd raised its stake in shares of Salesforce by 190.4% in the second quarter. WINTON GROUP Ltd now owns 26,644 shares of the CRM provider’s stock worth $4,174,000 after buying an additional 17,470 shares during the period. 80.43% of the stock is currently owned by institutional investors.

Key Salesforce News

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Salesforce and NVIDIA introduced Koa, Salesforce’s first CRM-specific reasoning model for Agentforce. Built on NVIDIA’s open-weight Nemotron technology, Koa is designed to reason over customer and business data, potentially improving the accuracy and usefulness of enterprise AI agents. Salesforce, Nvidia Introduce CRM Reasoning Model for Agentforce
• Positive Sentiment: The Koa launch strengthens Salesforce’s partnership with NVIDIA and gives CRM a differentiated, industry-specific AI offering. Investors may view Salesforce’s large enterprise customer base and distribution network as an advantage in monetizing Agentforce and expanding customer spending. Salesforce, NVIDIA unveil CRM domain-specific reasoning model
• Positive Sentiment: Salesforce continues expanding its AI ecosystem. Outreach is joining AgentExchange, while Copado and Brillio are adding tools and implementation support for governed AI agents. Deeper integrations with AWS and Google Cloud, plus a Siemens industrial partnership, could broaden enterprise adoption. Salesforce sees fresh partner tools push Agentic AI into enterprise workflows
• Neutral Sentiment: Dreamforce is the immediate catalyst. Traders expect meaningful stock volatility as management discusses Koa, Agentforce adoption, AI monetization, and future growth. Positive commentary could support the shares, but investors may demand evidence that AI is translating into material revenue acceleration. How much traders see Salesforce stock moving after Dreamforce
• Neutral Sentiment: Analyst opinions remain mixed. The bullish case points to Salesforce’s enterprise distribution and rapid Agentforce growth, while the more cautious view focuses on whether AI investments can restart organic growth and justify a higher valuation. Salesforce’s AI distribution advantage could restart growth
• Negative Sentiment: The stock is also being pressured by a broader AI-trade pullback after commentary about a possible slowdown in frontier-model development. Although Salesforce may benefit from enterprise AI inference and infrastructure demand, sector-wide risk reduction is weighing on sentiment ahead of its event. AI trade stumbles as CEOs talk model slowdown

Insiders Place Their Bets

In other Salesforce news, Director Craig Conway sold 4,500 shares of Salesforce stock in a transaction that occurred on Friday, September 4th. The stock was sold at an average price of $260.61, for a total value of $1,172,745.00. Following the sale, the director 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 is available through the SEC website. 3.50% of the stock is owned by corporate insiders.

Salesforce Price Performance

NYSE CRM traded down $4.07 on Tuesday, reaching $255.36. The company had a trading volume of 10,395,412 shares, compared to its average volume of 14,020,091. The stock has a market capitalization of $210.16 billion, a PE ratio of 23.28, a price-to-earnings-growth ratio of 1.13 and a beta of 1.20. Salesforce Inc. has a 12 month low of $146.32 and a 12 month high of $269.11. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 1.02. The firm’s 50 day moving average price is $202.41 and its 200 day moving average price is $187.76.

Salesforce (NYSE:CRM) last released its quarterly earnings data on Wednesday, August 26th. The CRM provider reported $5.90 EPS for the quarter, beating the consensus estimate of $3.27 by $2.63. The business had revenue of $11.35 billion during the quarter, compared to the consensus estimate of $11.33 billion. Salesforce had a net margin of 21.99% and a return on equity of 24.90%. The business’s revenue was up 10.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $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, equities analysts predict that Salesforce Inc. will post 12.83 earnings per share for the current year.

Salesforce Dividend Announcement

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

Analyst Upgrades and Downgrades

CRM has been the subject of a number of recent research reports. Wells Fargo & Company boosted their price objective on Salesforce from $205.00 to $230.00 and gave the company an “equal weight” rating in a research note on Thursday, August 27th. Evercore reaffirmed an “outperform” rating on shares of Salesforce in a report on Thursday, August 27th. Wedbush assumed coverage on shares of Salesforce in a research report on Wednesday, July 1st. They issued an “outperform” rating for the company. Morgan Stanley set a $315.00 price objective on shares of Salesforce in a research note on Wednesday, September 2nd. Finally, Mizuho raised their price objective on shares of Salesforce from $250.00 to $265.00 and gave the company an “outperform” rating in a research report on Thursday, August 27th. Three research analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, fourteen have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, Salesforce currently has a consensus rating of “Moderate Buy” and a consensus target price of $267.12.

Salesforce Company Profile

Salesforce, Inc is a cloud-based software company that provides customer relationship management (CRM) technology and related enterprise applications. Its platform helps organizations manage sales, customer service, marketing, commerce, data analytics and business operations through subscription-based software and cloud services.

The company’s product portfolio includes Sales Cloud, Service Cloud, Marketing Cloud, Commerce Cloud, Data Cloud and the Salesforce Platform. Salesforce also offers Slack for workplace collaboration, Tableau for data visualization and analytics, MuleSoft for application integration, and artificial intelligence capabilities, including its Agentforce platform for building and deploying AI agents.

Founded in 1999, Salesforce is headquartered in San Francisco, California, and serves businesses and organizations across a broad range of industries and geographic markets worldwide.