Fjarde AP Fonden Fourth Swedish National Pension Fund Increases Stock Position in Salesforce Inc. $CRM

Fjarde AP Fonden Fourth Swedish National Pension Fund raised its holdings in Salesforce Inc. (NYSE:CRM) by 19.3% during the second quarter, Holdings Channel.com reports. The firm owned 153,655 shares of the CRM provider’s stock after purchasing an additional 24,900 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Salesforce were worth $41,900,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Painted Porch Advisors LLC boosted its holdings in Salesforce by 260.0% in the 2nd quarter. Painted Porch Advisors LLC now owns 90 shares of the CRM provider’s stock valued at $25,000 after purchasing an additional 65 shares in the last quarter. Capital A Wealth Management LLC boosted its holdings in Salesforce by 450.0% in the 1st quarter. Capital A Wealth Management LLC now owns 110 shares of the CRM provider’s stock valued at $30,000 after purchasing an additional 90 shares in the last quarter. CBIZ Investment Advisory Services LLC boosted its holdings in Salesforce by 314.8% in the 1st quarter. CBIZ Investment Advisory Services LLC now owns 112 shares of the CRM provider’s stock valued at $30,000 after purchasing an additional 85 shares in the last quarter. Abound Financial LLC acquired a new stake in shares of Salesforce during the 1st quarter valued at approximately $31,000. Finally, Christopher J. Hasenberg Inc lifted its position in shares of Salesforce by 383.3% during the 2nd quarter. Christopher J. Hasenberg Inc now owns 116 shares of the CRM provider’s stock valued at $32,000 after acquiring an additional 92 shares during the period. Hedge funds and other institutional investors own 80.43% of the company’s stock.

Analysts Set New Price Targets

CRM has been the subject of a number of research reports. Macquarie reiterated a “neutral” rating and set a $250.00 price target on shares of Salesforce in a research report on Thursday, October 16th. Needham & Company LLC reiterated a “buy” rating and set a $400.00 price target on shares of Salesforce in a research report on Thursday, October 16th. Piper Sandler reiterated an “overweight” rating and set a $315.00 price target on shares of Salesforce in a research report on Thursday, October 16th. Northland Securities downgraded shares of Salesforce from an “outperform” rating to a “market perform” rating and set a $264.00 price target for the company. in a research report on Tuesday, October 14th. Finally, Wedbush reiterated an “outperform” rating and set a $375.00 price target on shares of Salesforce in a research report on Thursday, October 16th. Twenty-five equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $325.23.

Salesforce Stock Up 0.3%

CRM stock opened at $255.49 on Tuesday. The stock has a market capitalization of $243.23 billion, a P/E ratio of 37.14, a PEG ratio of 2.14 and a beta of 1.19. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.12 and a current ratio of 1.12. Salesforce Inc. has a one year low of $226.48 and a one year high of $369.00. The company has a 50 day moving average price of $246.75 and a two-hundred day moving average price of $258.05.

Salesforce (NYSE:CRM) last released its earnings results on Wednesday, September 3rd. The CRM provider reported $2.91 EPS for the quarter, topping the consensus estimate of $2.78 by $0.13. The firm had revenue of $10.24 billion during the quarter, compared to analysts’ expectations of $10.14 billion. Salesforce had a net margin of 16.87% and a return on equity of 13.27%. Salesforce’s revenue for the quarter was up 9.8% on a year-over-year basis. During the same period in the previous year, the company earned $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. As a group, sell-side analysts expect that Salesforce Inc. will post 7.46 EPS for the current year.

Salesforce Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 9th. Shareholders of record on Wednesday, September 17th were paid a $0.416 dividend. This represents a $1.66 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Wednesday, September 17th. Salesforce’s payout ratio is presently 24.13%.

Insider Buying and Selling

In other Salesforce news, CEO Marc Benioff sold 2,250 shares of Salesforce stock in a transaction that occurred on Friday, October 24th. The shares were sold at an average price of $255.56, for a total value of $575,010.00. Following the completion of the sale, the chief executive officer directly owned 11,911,571 shares of the company’s stock, valued at approximately $3,044,121,084.76. The trade was a 0.02% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Over the last three months, insiders have sold 78,750 shares of company stock valued at $19,394,393. 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.