4,463 Shares in Salesforce Inc. $CRM Purchased by Partners Wealth Management LLC

Partners Wealth Management LLC acquired a new stake in Salesforce Inc. (NYSE:CRM) during the third quarter, HoldingsChannel.com reports. The fund acquired 4,463 shares of the CRM provider’s stock, valued at approximately $1,027,000.

Several other large investors also recently modified their holdings of CRM. Soltis Investment Advisors LLC boosted its position in shares of Salesforce by 16.0% during the 3rd quarter. Soltis Investment Advisors LLC now owns 7,850 shares of the CRM provider’s stock valued at $1,802,000 after purchasing an additional 1,081 shares in the last quarter. Everett Harris & Co. CA acquired a new stake in Salesforce during the third quarter worth approximately $214,000. ERn Financial LLC bought a new stake in Salesforce in the third quarter worth approximately $227,000. United Asset Strategies Inc. increased its holdings in Salesforce by 4.0% in the third quarter. United Asset Strategies Inc. now owns 5,533 shares of the CRM provider’s stock worth $1,270,000 after purchasing an additional 211 shares in the last quarter. Finally, Choreo LLC lifted its stake in Salesforce by 5.4% in the third quarter. Choreo LLC now owns 25,387 shares of the CRM provider’s stock valued at $5,828,000 after buying an additional 1,304 shares during the period. 80.43% of the stock is currently owned by institutional investors and hedge funds.

Salesforce Stock Down 1.0%

CRM stock opened at $228.56 on Friday. The stock’s 50 day simple moving average is $238.94 and its 200 day simple moving average is $198.88. Salesforce Inc. has a fifty-two week low of $146.32 and a fifty-two week high of $269.11. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.84 and a current ratio of 0.84. The company has a market cap of $188.10 billion, a P/E ratio of 20.84, a price-to-earnings-growth ratio of 1.05 and a beta of 1.26.

Salesforce (NYSE:CRM) last announced its quarterly earnings data on Wednesday, August 26th. The CRM provider reported $5.90 EPS for the quarter, beating analysts’ consensus estimates of $3.27 by $2.63. Salesforce had a return on equity of 24.90% and a net margin of 21.99%. The firm had revenue of $11.35 billion during the quarter, compared to analysts’ expectations of $11.33 billion. During the same quarter last year, the firm posted $2.91 earnings per share. The company’s revenue for the quarter was up 10.8% compared to the same quarter last year. Salesforce has set its FY 2027 guidance at 16.670-16.710 EPS and its Q3 2027 guidance at 3.420-3.440 EPS. On average, research analysts expect that Salesforce Inc. will post 12.82 earnings per share for the current fiscal year.

Salesforce Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 8th. Investors of record on Thursday, September 17th were issued a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date was Thursday, September 17th. Salesforce’s dividend payout ratio (DPR) is currently 16.04%.

Insiders Place Their Bets

In related news, Director Craig Conway sold 4,500 shares of Salesforce stock in a transaction on Friday, September 4th. The shares were sold at an average price of $260.61, for a total value 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. This trade represents a 45.29% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director David Blair Kirk purchased 4,176 shares of the firm’s stock in a transaction on Friday, September 18th. The shares were acquired at an average price of $239.33 per share, with a total value of $999,442.08. Following the purchase, the director directly owned 18,748 shares in the company, valued at $4,486,958.84. This represents a 28.66% increase in their position. The SEC filing for this purchase provides additional information. 3.50% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. Argus increased their price target on Salesforce from $290.00 to $300.00 and gave the stock a “buy” rating in a report on Monday, August 31st. Guggenheim lifted their price objective on shares of Salesforce from $270.00 to $300.00 and gave the company a “buy” rating in a research note on Thursday, September 17th. Citigroup reiterated a “market outperform” rating on shares of Salesforce in a research report on Tuesday, October 20th. Freedom Broker increased their target price on shares of Salesforce from $230.00 to $295.00 and gave the stock a “buy” rating in a research note on Thursday, September 17th. Finally, Monness Crespi & Hardt increased their target price on shares of Salesforce from $222.00 to $266.00 and gave the stock a “buy” rating in a research note on Thursday, August 27th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, thirteen have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, Salesforce has a consensus rating of “Moderate Buy” and an average price target of $278.98.

Key Headlines Impacting Salesforce

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Salesforce signed a definitive agreement to acquire Rune Technologies, a defense-technology company. The deal supports Salesforce’s push into military and government applications, potentially expanding its addressable market and adding a specialized technology platform. Financial terms were not disclosed. Salesforce Signs Definitive Agreement to Acquire Rune Technologies
• Positive Sentiment: TPM Holdings completed an 18-month realignment centered on Salesforce CRM and artificial intelligence for the architecture, engineering and construction industries. Its combination of TrebleHook and The Hunley Group could expand Salesforce-based implementations and demonstrate growing demand for industry-specific AI tools. TPM Holdings Accelerates Investment in AI and Salesforce CRM
• Positive Sentiment: Several analyst and investment articles describe Salesforce as a potential AI rebound candidate, citing autonomous AI agents, improving monetization, strong free cash flow and its leadership in customer relationship management. These views may support longer-term sentiment, although they are not new company guidance. AI Comeback Story Article
• Neutral Sentiment: Salesforce’s earnings report is approaching, making upcoming revenue growth, AI adoption, margins and forward guidance the main near-term catalysts. The company’s latest reported quarter included revenue of $11.35 billion and adjusted earnings that exceeded consensus estimates. Salesforce Earnings Preview
• Negative Sentiment: Salesforce declined in sympathy with ServiceNow, Fortinet and other software stocks after investors focused on slower contracted-revenue growth despite earnings beats and higher AI targets. The reaction has renewed concerns about enterprise-software demand, AI monetization timelines and elevated sector valuations. ServiceNow Results Dent Software Stocks

Salesforce Company Profile

Salesforce, Inc (NYSE: CRM) is a global enterprise software company that provides cloud-based customer relationship management (CRM) technology. Its platform helps organizations manage sales, customer service, marketing, commerce, data, analytics and interactions with customers across digital and traditional channels.

The company’s products include Sales Cloud, Service Cloud, Marketing Cloud, Commerce Cloud and Data Cloud. Salesforce also offers Tableau for data visualization and analytics, MuleSoft for application integration, and Slack for workplace collaboration.