LVM Capital Management Ltd. MI Has $12.86 Million Stock Holdings in Salesforce Inc. $CRM

LVM Capital Management Ltd. MI grew its stake in Salesforce Inc. (NYSE:CRM) by 1.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 47,175 shares of the CRM provider’s stock after buying an additional 494 shares during the period. Salesforce accounts for about 1.3% of LVM Capital Management Ltd. MI’s holdings, making the stock its 24th biggest holding. LVM Capital Management Ltd. MI’s holdings in Salesforce were worth $12,864,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Neville Rodie & Shaw Inc. grew its stake in Salesforce by 4.6% during the second quarter. Neville Rodie & Shaw Inc. now owns 59,970 shares of the CRM provider’s stock worth $16,353,000 after purchasing an additional 2,644 shares during the period. Park National Corp OH grew its stake in Salesforce by 10.5% during the second quarter. Park National Corp OH now owns 114,532 shares of the CRM provider’s stock worth $31,232,000 after purchasing an additional 10,901 shares during the period. Kera Capital Partners Inc. acquired a new stake in Salesforce during the second quarter worth approximately $289,000. AG2R LA Mondiale Gestion D Actifs acquired a new stake in Salesforce during the first quarter worth approximately $9,367,000. Finally, Rainier Family Wealth Inc. grew its stake in Salesforce by 3.5% during the first quarter. Rainier Family Wealth Inc. now owns 1,839 shares of the CRM provider’s stock worth $494,000 after purchasing an additional 62 shares during the period. Institutional investors and hedge funds own 80.43% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently commented on CRM. Robert W. Baird decreased their target price on Salesforce from $365.00 to $325.00 and set an “outperform” rating for the company in a research note on Thursday, September 4th. Oppenheimer decreased their target price on Salesforce from $370.00 to $315.00 and set an “outperform” rating for the company in a research note on Tuesday, August 26th. DA Davidson raised Salesforce from an “underperform” rating to a “neutral” rating and set a $225.00 target price for the company in a research note on Friday, August 15th. Canaccord Genuity Group reduced their price objective on Salesforce from $350.00 to $300.00 and set a “buy” rating for the company in a research note on Thursday, September 4th. Finally, Roth Capital reissued a “buy” rating and issued a $395.00 price objective on shares of Salesforce in a research note on Thursday, September 4th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $332.58.

Insiders Place Their Bets

In other Salesforce news, Director David Blair Kirk purchased 3,400 shares of the company’s stock in a transaction that occurred on Tuesday, September 9th. The shares were acquired at an average cost of $254.66 per share, for a total transaction of $865,844.00. Following the completion of the acquisition, the director owned 3,824 shares of the company’s stock, valued at $973,819.84. The trade was a 801.89% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Marc Benioff sold 2,250 shares of Salesforce stock in a transaction on Wednesday, September 10th. The stock was sold at an average price of $246.66, for a total value of $554,985.00. Following the sale, the chief executive officer owned 11,911,571 shares in the company, valued at $2,938,108,102.86. This trade represents a 0.02% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 70,577 shares of company stock worth $18,005,778 over the last quarter. 3.00% of the stock is currently owned by corporate insiders.

Salesforce Stock Down 1.5%

CRM stock opened at $242.68 on Friday. Salesforce Inc. has a twelve month low of $226.48 and a twelve month high of $369.00. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.14. The stock’s 50 day moving average is $253.21 and its 200-day moving average is $264.79. The firm has a market capitalization of $231.03 billion, a PE ratio of 35.27, a P/E/G ratio of 2.24 and a beta of 1.22.

Salesforce (NYSE:CRM) last posted its earnings results on Wednesday, September 3rd. The CRM provider reported $2.91 earnings per share for the quarter, beating analysts’ consensus estimates of $2.78 by $0.13. Salesforce had a return on equity of 13.27% and a net margin of 16.87%.The company had revenue of $10.24 billion for the quarter, compared to analyst estimates of $10.14 billion. During the same quarter last year, the company earned $2.56 earnings per share. The company’s revenue for the quarter was up 9.8% on a year-over-year basis. Salesforce has set its FY 2026 guidance at 11.330-11.370 EPS. Q3 2026 guidance at 2.840-2.860 EPS. Sell-side analysts expect that Salesforce Inc. will post 7.46 EPS for the current fiscal year.

Salesforce Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 9th. Investors of record on Wednesday, September 17th will be issued a dividend of $0.416 per share. This represents a $1.66 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Wednesday, September 17th. Salesforce’s dividend payout ratio (DPR) is 24.13%.

Salesforce Company Profile

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.