US Bancorp DE Sells 18,853 Shares of Salesforce Inc. $CRM

US Bancorp DE lowered its position in shares of Salesforce Inc. (NYSE:CRM) by 4.6% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 393,864 shares of the CRM provider’s stock after selling 18,853 shares during the period. US Bancorp DE’s holdings in Salesforce were worth $93,346,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in CRM. Rockland Trust Co. boosted its stake in shares of Salesforce by 1,145.6% in the 3rd quarter. Rockland Trust Co. now owns 13,066 shares of the CRM provider’s stock valued at $3,097,000 after purchasing an additional 12,017 shares during the last quarter. Alps Advisors Inc. lifted its holdings in Salesforce by 98.3% in the third quarter. Alps Advisors Inc. now owns 21,455 shares of the CRM provider’s stock valued at $5,085,000 after buying an additional 10,633 shares during the period. Midwest Trust Co boosted its position in Salesforce by 2.3% during the third quarter. Midwest Trust Co now owns 187,071 shares of the CRM provider’s stock valued at $44,336,000 after acquiring an additional 4,233 shares during the last quarter. Jones Financial Companies Lllp grew its holdings in Salesforce by 15.1% during the 3rd quarter. Jones Financial Companies Lllp now owns 467,551 shares of the CRM provider’s stock worth $113,420,000 after acquiring an additional 61,270 shares during the period. Finally, AGF Management Ltd. raised its position in shares of Salesforce by 42.2% in the 3rd quarter. AGF Management Ltd. now owns 281,054 shares of the CRM provider’s stock worth $66,610,000 after acquiring an additional 83,403 shares in the last quarter. 80.43% of the stock is owned by institutional investors and hedge funds.

Salesforce Stock Performance

NYSE CRM opened at $199.38 on Friday. Salesforce Inc. has a 1 year low of $174.57 and a 1 year high of $304.92. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.98 and a quick ratio of 0.98. The firm has a market cap of $186.82 billion, a price-to-earnings ratio of 25.53, a PEG ratio of 1.31 and a beta of 1.27. The company has a fifty day moving average price of $225.28 and a 200-day moving average price of $238.59.

Salesforce (NYSE:CRM) last issued 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. Salesforce had a net margin of 17.96% and a return on equity of 15.28%. The business had revenue of $11.20 billion during the quarter, compared to the consensus estimate of $11.18 billion. During the same period in the prior year, the firm posted $2.78 EPS. The firm’s quarterly revenue was up 12.1% compared to the same quarter last year. Salesforce has set its FY 2027 guidance at 13.110-13.190 EPS and its Q1 2027 guidance at 3.110-3.130 EPS. As a group, equities research analysts predict that Salesforce Inc. will post 7.46 EPS for the current fiscal year.

Salesforce Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 23rd. Investors of record on Thursday, April 9th will be issued a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a yield of 0.9%. This is an increase from Salesforce’s previous quarterly dividend of $0.42. The ex-dividend date is Thursday, April 9th. Salesforce’s dividend payout ratio is 22.16%.

Key Headlines Impacting Salesforce

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Q4 results beat on profit and showed decent top‑line growth (non‑GAAP EPS $3.81; revenue +12% Y/Y), underscoring operational leverage. Zacks: Q4 Earnings Beat
• Positive Sentiment: Management authorized a $50 billion share‑buyback and raised the cash return profile (also a 5.8% dividend increase) — strong capital return that supports EPS and investor confidence. CNBC: $50B Buybacks
• Positive Sentiment: Company reiterated AI/Agentforce momentum and raised its FY2030 revenue ambition to ~$63B, signaling conviction in long‑term AI monetization. Seeking Alpha: $63B Target & Agentforce
• Positive Sentiment: Several bullish analysts (e.g., Wedbush) reiterated positive views, calling Salesforce a long‑term AI beneficiary — supporting a recovery narrative. Investopedia: Wedbush Views
• Neutral Sentiment: Guidance was mixed: EPS guidance for FY‑2027 came in above consensus, but some revenue pacing and seasonality left investors seeking clearer acceleration—a two‑sided data point. Reuters: Guidance Context
• Neutral Sentiment: Market reaction is being shaped by technical and sentiment dynamics across the SaaS group (sectorwide “SaaSpocalypse” fear vs. value‑hunt), so volatility may persist even with positive corporate actions. MarketBeat: Buyback & Sector Context
• Negative Sentiment: Analysts trimmed price targets and several banks flagged near‑term growth risk (cRPO growth in line with guidance), which limits upside until sustained reacceleration is visible. TickerReport/Benzinga: Analyst Cuts
• Negative Sentiment: Investors remain worried AI could compress traditional software margins/renewals; Jefferies and others warned of a near‑term slowdown even as AI adoption builds. Proactive: Jefferies Note
• Negative Sentiment: Shares experienced after‑hours weakness immediately following the release (mixed beats vs. forward uncertainty), showing sensitivity to guidance details despite strong EPS. Proactive: After‑hours Move

Insiders Place Their Bets

In other Salesforce news, Director G Mason Morfit bought 96,000 shares of the stock in a transaction dated Friday, December 5th. The shares were bought at an average cost of $260.58 per share, for a total transaction of $25,015,680.00. Following the purchase, the director directly owned 2,994,509 shares of the company’s stock, valued at approximately $780,309,155.22. This trade represents a 3.31% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Neelie Kroes sold 3,893 shares of the stock in a transaction dated Wednesday, January 14th. The shares were sold at an average price of $238.70, for a total transaction of $929,259.10. Following the transaction, the director owned 7,299 shares of the company’s stock, valued at approximately $1,742,271.30. The trade was a 34.78% decrease in their position. The SEC filing for this sale provides additional information. 3.00% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on CRM shares. Sanford C. Bernstein cut their target price on Salesforce from $223.00 to $194.00 and set an “underperform” rating on the stock in a research report on Thursday. Wells Fargo & Company cut their price target on Salesforce from $235.00 to $210.00 and set an “equal weight” rating on the stock in a report on Thursday. Citigroup reduced their price objective on shares of Salesforce from $257.00 to $197.00 and set a “neutral” rating for the company in a research report on Wednesday, February 18th. BTIG Research dropped their target price on shares of Salesforce from $260.00 to $255.00 and set a “buy” rating on the stock in a research report on Thursday. Finally, BMO Capital Markets cut their target price on shares of Salesforce from $235.00 to $225.00 and set an “outperform” rating on the stock in a research note on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $284.06.

Salesforce Company Profile

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.