Global Retirement Partners LLC Increases Stake in Salesforce Inc. $CRM

Global Retirement Partners LLC boosted its position in shares of Salesforce Inc. (NYSE:CRM) by 28.7% during the 4th quarter, HoldingsChannel.com reports. The firm owned 25,208 shares of the CRM provider’s stock after purchasing an additional 5,616 shares during the period. Global Retirement Partners LLC’s holdings in Salesforce were worth $6,678,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. KDT Advisors LLC purchased a new stake in Salesforce during the 4th quarter valued at about $222,000. Mach 1 Financial Group LLC boosted its holdings in shares of Salesforce by 201.5% during the 4th quarter. Mach 1 Financial Group LLC now owns 3,799 shares of the CRM provider’s stock valued at $1,006,000 after acquiring an additional 2,539 shares during the last quarter. Trajan Wealth LLC boosted its holdings in shares of Salesforce by 1.5% during the 4th quarter. Trajan Wealth LLC now owns 64,067 shares of the CRM provider’s stock valued at $16,972,000 after acquiring an additional 960 shares during the last quarter. Fi3 FINANCIAL ADVISORS LLC boosted its holdings in shares of Salesforce by 14.8% during the 4th quarter. Fi3 FINANCIAL ADVISORS LLC now owns 1,872 shares of the CRM provider’s stock valued at $497,000 after acquiring an additional 241 shares during the last quarter. Finally, Burling Wealth Partners LLC boosted its holdings in shares of Salesforce by 6.6% during the 4th quarter. Burling Wealth Partners LLC now owns 25,255 shares of the CRM provider’s stock valued at $6,690,000 after acquiring an additional 1,557 shares during the last quarter. 80.43% of the stock is owned by hedge funds and other institutional investors.

Salesforce Stock Performance

CRM opened at $176.35 on Friday. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.18. The company has a market cap of $144.30 billion, a price-to-earnings ratio of 22.58, a PEG ratio of 1.25 and a beta of 1.14. The company’s 50 day moving average is $182.53 and its 200 day moving average is $213.21. Salesforce Inc. has a 12-month low of $163.52 and a 12-month high of $286.35.

Salesforce (NYSE:CRM) last posted its quarterly earnings data on Wednesday, February 25th. The CRM provider reported $3.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.05 by $0.76. The company had revenue of $11.20 billion for the quarter, compared to the consensus estimate of $11.18 billion. Salesforce had a net margin of 17.96% and a return on equity of 15.38%. The firm’s revenue was up 12.1% compared to the same quarter last year. During the same quarter last year, the firm posted $2.78 earnings per share. Salesforce has set its FY 2027 guidance at 13.110-13.190 EPS and its Q1 2027 guidance at 3.110-3.130 EPS. On average, equities research analysts predict that Salesforce Inc. will post 9.71 EPS for the current year.

Salesforce declared that its Board of Directors has authorized a stock repurchase plan on Monday, March 16th that permits the company to buyback $25.00 billion in outstanding shares. This buyback authorization permits the CRM provider to reacquire up to 14.1% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s board of directors believes its shares are undervalued.

Salesforce Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 23rd. Investors of record on Thursday, April 9th were issued a $0.44 dividend. The ex-dividend date of this dividend was Thursday, April 9th. This is a positive change from Salesforce’s previous quarterly dividend of $0.42. This represents a $1.76 dividend on an annualized basis and a dividend yield of 1.0%. Salesforce’s payout ratio is 22.54%.

Insider Buying and Selling

In other Salesforce news, Director David Blair Kirk acquired 2,570 shares of the company’s stock in a transaction that occurred on Wednesday, March 18th. The shares were bought at an average price of $194.62 per share, with a total value of $500,173.40. Following the completion of the acquisition, the director owned 13,689 shares in the company, valued at $2,664,153.18. This represents a 23.11% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Laura Alber acquired 2,571 shares of the company’s stock in a transaction that occurred on Thursday, March 19th. The stock was acquired at an average cost of $194.58 per share, for a total transaction of $500,265.18. Following the acquisition, the director owned 9,530 shares of the company’s stock, valued at $1,854,347.40. The trade was a 36.94% increase in their position. The disclosure for this purchase is available in the SEC filing. Company insiders own 3.50% of the company’s stock.

Analysts Set New Price Targets

CRM has been the topic of a number of recent analyst reports. Mizuho dropped their price target on shares of Salesforce from $280.00 to $265.00 and set an “outperform” rating on the stock in a report on Thursday, February 26th. Needham & Company LLC reaffirmed a “buy” rating and set a $400.00 price target on shares of Salesforce in a report on Thursday, February 26th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $281.00 price target on shares of Salesforce in a report on Thursday, February 26th. Jefferies Financial Group dropped their price target on shares of Salesforce from $375.00 to $250.00 and set a “buy” rating on the stock in a report on Monday, February 23rd. Finally, TD Cowen dropped their price target on shares of Salesforce from $325.00 to $250.00 and set a “buy” rating on the stock in a report on Thursday, February 26th. One research analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, Salesforce currently has an average rating of “Moderate Buy” and an average target price of $274.12.

Key Stories Impacting Salesforce

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Deutsche Bank reiterated its Buy rating on Salesforce and kept a $255 price target, saying it expects a “seasonally slow but steady” start ahead of earnings. Deutsche Bank Stays Positive on Salesforce (CRM), Citi Lowers PT
• Positive Sentiment: Cint expanded its relationship with Salesforce to deliver next-generation AI-powered support, reinforcing demand for Salesforce’s Agentforce and Slack-based enterprise AI tools. Cint and Salesforce to Deliver the Next Generation of AI-Powered Support
• Positive Sentiment: Several articles highlighted Salesforce as a beneficiary of ongoing investor interest in AI and big data, and noted that the company’s upcoming earnings report is expected to show growth and could support another beat. Wall Street’s Insights Into Key Metrics Ahead of Salesforce (CRM) Q1 Earnings
• Neutral Sentiment: Analyst commentary around CRM remains mixed overall, with some broker notes still constructive while valuation-focused pieces question how much growth and AI moat are already priced in.
• Negative Sentiment: Citi reportedly lowered its price target on Salesforce due to slower deal activity and rising competitive pressure, adding to investor caution. Citi Lowers Target on Salesforce (CRM) Over Slower Deal Activity
• Negative Sentiment: Bank of America reinstated an Underperform rating and a $160 price target, arguing Salesforce faces an “AI-driven structural reset,” which weighed on sentiment. Salesforce rated ‘Underperform’ by Bank of America on AI growth concerns

About Salesforce

Salesforce, founded in 1999 and headquartered in San Francisco, is a global provider of cloud-based software focused on customer relationship management (CRM) and enterprise applications. The company popularized the software-as-a-service (SaaS) model for CRM and has built a broad portfolio of products designed to help organizations manage sales, service, marketing, commerce and analytics through a unified, cloud-first platform.

Core offerings include Sales Cloud for sales automation, Service Cloud for customer support, Marketing Cloud for digital marketing and engagement, and Commerce Cloud for e-commerce.