Yoder Wealth Management Inc. Acquires 77 Shares of Salesforce Inc. $CRM

Yoder Wealth Management Inc. boosted its holdings in Salesforce Inc. (NYSE:CRM) by 6.3% during the second quarter, Holdings Channel reports. The fund owned 1,307 shares of the CRM provider’s stock after purchasing an additional 77 shares during the period. Yoder Wealth Management Inc.’s holdings in Salesforce were worth $356,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in CRM. Nuveen LLC bought a new stake in Salesforce in the 1st quarter valued at $2,039,196,000. Longview Partners Guernsey LTD bought a new stake in Salesforce in the 1st quarter valued at $467,944,000. Pacer Advisors Inc. raised its stake in Salesforce by 1,744.0% in the 1st quarter. Pacer Advisors Inc. now owns 1,820,262 shares of the CRM provider’s stock valued at $488,486,000 after acquiring an additional 1,721,550 shares during the period. Vanguard Group Inc. raised its stake in Salesforce by 1.6% in the 1st quarter. Vanguard Group Inc. now owns 87,913,628 shares of the CRM provider’s stock valued at $23,592,501,000 after acquiring an additional 1,383,942 shares during the period. Finally, Diamond Hill Capital Management Inc. bought a new stake in Salesforce in the 1st quarter valued at $345,100,000. Institutional investors own 80.43% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently weighed in on CRM. Citigroup increased 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. Bank of America lowered their price objective on Salesforce from $350.00 to $325.00 and set a “buy” rating on the stock in a research report on Tuesday, August 26th. Macquarie reiterated a “neutral” rating and set a $290.00 price objective on shares of Salesforce in a research report on Thursday, September 4th. UBS Group lowered their price objective on Salesforce from $300.00 to $260.00 and set a “neutral” rating on the stock in a research report on Monday, August 18th. Finally, Robert W. Baird lowered their price objective on Salesforce from $365.00 to $325.00 and set an “outperform” rating on the stock in a research report on Thursday, September 4th. Twenty-six investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $332.58.

Salesforce Stock Performance

CRM opened at $240.25 on Friday. The firm has a market cap of $228.72 billion, a P/E ratio of 34.92, a price-to-earnings-growth ratio of 2.06 and a beta of 1.19. Salesforce Inc. has a 52-week low of $226.48 and a 52-week 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 business’s fifty day moving average is $246.66 and its 200-day moving average is $260.32.

Salesforce (NYSE:CRM) last released its earnings results on Wednesday, September 3rd. The CRM provider reported $2.91 earnings per share (EPS) 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 analyst estimates of $10.14 billion. Salesforce had a return on equity of 13.27% and a net margin of 16.87%.Salesforce’s quarterly revenue was up 9.8% on a year-over-year basis. During the same period in the prior year, the firm posted $2.56 EPS. Salesforce has set its FY 2026 guidance at 11.330-11.370 EPS. Q3 2026 guidance at 2.840-2.860 EPS. Sell-side analysts expect that Salesforce Inc. will post 7.46 EPS for the current fiscal year.

Salesforce Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 9th. Stockholders of record on Wednesday, September 17th will be 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 of this dividend is Wednesday, September 17th. Salesforce’s dividend payout ratio is 24.13%.

Insider Buying and Selling at Salesforce

In other Salesforce news, Director David Blair Kirk acquired 3,400 shares of Salesforce stock in a transaction that occurred on Tuesday, September 9th. The shares were acquired at an average cost of $254.66 per share, with a total value of $865,844.00. Following the completion of the purchase, the director directly owned 3,824 shares of the company’s stock, valued at $973,819.84. This represents a 801.89% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Marc Benioff sold 2,250 shares of the firm’s stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $236.38, for a total value of $531,855.00. Following the completion of the sale, the chief executive officer directly owned 11,911,571 shares in the company, valued at $2,815,657,152.98. This trade represents a 0.02% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 81,000 shares of company stock worth $20,357,213. 3.00% of the stock is currently owned by insiders.

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.