Integrated Wealth Concepts LLC Has $4.53 Million Stake in Salesforce Inc. $CRM

Integrated Wealth Concepts LLC reduced its position in Salesforce Inc. (NYSE:CRM) by 25.4% during the second quarter, HoldingsChannel reports. The firm owned 28,899 shares of the CRM provider’s stock after selling 9,830 shares during the period. Integrated Wealth Concepts LLC’s holdings in Salesforce were worth $4,527,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the company. Commonwealth Retirement Investments LLC bought a new stake in Salesforce during the fourth quarter valued at $25,000. Gilpin Wealth Management LLC acquired a new stake in Salesforce during the 4th quarter worth about $26,000. Birchwood Financial Partners Inc. bought a new position in shares of Salesforce in the 4th quarter worth about $28,000. Swiss RE Ltd. acquired a new position in shares of Salesforce in the 4th quarter valued at about $28,000. Finally, Texas Capital Bancshares Inc TX acquired a new position in shares of Salesforce in the 3rd quarter valued at about $28,000. 80.43% of the stock is currently owned by institutional investors and hedge funds.

Key Salesforce News

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: AI acquisition strategy is accelerating. Salesforce completed its acquisition of Fin, formerly Intercom, adding an AI customer-agent platform, a technical AI team and more than 30,000 customers. The company is also reportedly in talks to acquire voice-AI market-research startup Listen Labs for approximately $2 billion, potentially strengthening its customer-data and AI capabilities. Salesforce Completes Acquisition of Fin Salesforce Eyes $2 Billion Acquisition of Listen Labs
• Positive Sentiment: Salesforce is expanding its enterprise AI ecosystem. Its new Enterprise AI Harness is designed to coordinate multiple models and agents using shared business context, while the Claudeforce partnership with Anthropic combines Claude with Salesforce CRM. These initiatives support the company’s argument that Agentforce and related products can drive future growth. Salesforce’s Enterprise AI Harness Salesforce and Anthropic Announce Claudeforce
• Positive Sentiment: Recent fundamentals remain supportive. Salesforce’s latest quarter beat EPS estimates by a wide margin, revenue increased 10.8% year over year, and profitability improved. This strong report helped reverse the market’s earlier concern that AI would undermine Salesforce’s core business.
• Neutral Sentiment: Investor attention is unusually high. Zacks identifies CRM as a trending stock, while analysts and investors weigh its earnings momentum, Agentforce growth and upcoming Dreamforce commentary. Some coverage frames the recent rally as a reason to take profits rather than add exposure. Salesforce Is a Trending Stock
• Negative Sentiment: Competitive and technical risks remain. Microsoft is marketing an AI-powered migration tool to win Salesforce customers for Dynamics 365, while AI-native startup Lightfield raised $47 million to develop a potential Salesforce alternative. Technical analysts also warn that CRM may be running into chart resistance after its sharp advance, and some investors question whether rising debt and acquisition spending increase risk.

Insider Activity at Salesforce

In related news, Director Craig Conway sold 4,500 shares of the firm’s stock in a transaction dated 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 transaction, 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 3.50% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on CRM shares. Citigroup raised their target price on Salesforce from $204.00 to $233.00 and gave the stock a “neutral” rating in a research note on Thursday, August 27th. Needham & Company LLC restated a “buy” rating and set a $400.00 price target on shares of Salesforce in a report on Wednesday, September 2nd. CLSA started coverage on shares of Salesforce in a research report on Monday, July 20th. They set a “hold” rating and a $165.00 price objective for the company. Daiwa Securities Group lowered their price objective on shares of Salesforce from $295.00 to $280.00 and set a “buy” rating for the company in a research note on Tuesday, June 2nd. Finally, Raymond James Financial reiterated a “strong-buy” rating on shares of Salesforce 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 assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $267.12.

Salesforce Trading Up 1.8%

NYSE CRM opened at $247.41 on Friday. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 1.02. Salesforce Inc. has a 52 week low of $146.32 and a 52 week high of $269.11. The business has a 50 day moving average price of $200.54 and a 200-day moving average price of $187.17. The company has a market cap of $203.62 billion, a price-to-earnings ratio of 22.55, a P/E/G ratio of 1.13 and a beta of 1.20.

Salesforce (NYSE:CRM) last issued its earnings results on Wednesday, August 26th. The CRM provider reported $5.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.27 by $2.63. The company had revenue of $11.35 billion for the quarter, compared to analysts’ expectations of $11.33 billion. Salesforce had a return on equity of 24.90% and a net margin of 21.99%.Salesforce’s quarterly revenue was up 10.8% compared to the same quarter last year. During the same period last year, the business 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 expect that Salesforce Inc. will post 12.83 earnings per share for the current fiscal year.

Salesforce Dividend Announcement

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

Salesforce 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.