Mufg Securities Americas Inc. Has $5.80 Million Position in Salesforce Inc. $CRM

Mufg Securities Americas Inc. increased its holdings in shares of Salesforce Inc. (NYSE:CRM) by 25.5% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 21,265 shares of the CRM provider’s stock after acquiring an additional 4,325 shares during the quarter. Mufg Securities Americas Inc.’s holdings in Salesforce were worth $5,799,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in CRM. Painted Porch Advisors LLC raised its position in Salesforce by 260.0% during the 2nd quarter. Painted Porch Advisors LLC now owns 90 shares of the CRM provider’s stock worth $25,000 after purchasing an additional 65 shares during the last quarter. CBIZ Investment Advisory Services LLC lifted its position in shares of Salesforce by 314.8% during the 1st quarter. CBIZ Investment Advisory Services LLC now owns 112 shares of the CRM provider’s stock valued at $30,000 after acquiring an additional 85 shares during the period. Christopher J. Hasenberg Inc raised its holdings in shares of Salesforce by 383.3% during the second quarter. Christopher J. Hasenberg Inc now owns 116 shares of the CRM provider’s stock valued at $32,000 after purchasing an additional 92 shares during the period. Maseco LLP bought a new position in shares of Salesforce during the 2nd quarter worth about $34,000. Finally, Spurstone Advisory Services LLC acquired a new stake in shares of Salesforce in the 2nd quarter valued at about $34,000. 80.43% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on CRM. Mizuho dropped their price target on Salesforce from $350.00 to $340.00 and set an “outperform” rating on the stock in a research note on Monday, November 17th. UBS Group lowered their target price on Salesforce from $300.00 to $260.00 and set a “neutral” rating on the stock in a research report on Monday, August 18th. Oppenheimer cut their price target on Salesforce from $370.00 to $315.00 and set an “outperform” rating for the company in a research note on Tuesday, August 26th. Macquarie reiterated a “neutral” rating and set a $250.00 price target on shares of Salesforce in a report on Thursday, October 16th. Finally, Northland Securities cut shares of Salesforce from an “outperform” rating to a “market perform” rating and set a $264.00 price target on the stock. in a report on Tuesday, October 14th. Twenty-five investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $323.51.

Insiders Place Their Bets

In other news, CEO Marc Benioff sold 2,250 shares of the company’s stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $245.09, for a total transaction of $551,452.50. Following the sale, the chief executive officer directly owned 11,911,571 shares in the company, valued at $2,919,406,936.39. This represents a 0.02% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director David Blair Kirk acquired 3,400 shares of the business’s stock in a transaction dated Tuesday, September 9th. The stock was purchased at an average price of $254.66 per share, with a total value of $865,844.00. Following the completion of the transaction, the director directly owned 3,824 shares of the company’s stock, valued at $973,819.84. This trade represents a 801.89% increase in their position. The SEC filing for this purchase provides additional information. Insiders sold 60,872 shares of company stock valued at $15,058,156 over the last ninety days. Corporate insiders own 3.00% of the company’s stock.

Salesforce Price Performance

Salesforce stock opened at $226.75 on Friday. Salesforce Inc. has a 12 month low of $221.96 and a 12 month high of $369.00. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.14. The business’s 50 day simple moving average is $244.80 and its 200 day simple moving average is $256.22. The company has a market cap of $215.87 billion, a price-to-earnings ratio of 32.96, a PEG ratio of 2.11 and a beta of 1.19.

Salesforce (NYSE:CRM) last released its earnings results on Wednesday, September 3rd. The CRM provider reported $2.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.78 by $0.13. The business had revenue of $10.24 billion during the quarter, compared to the consensus estimate of $10.14 billion. Salesforce had a return on equity of 13.27% and a net margin of 16.87%.The business’s revenue for the quarter was up 9.8% on a year-over-year basis. During the same period last year, the business posted $2.56 earnings per share. 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 forecast that Salesforce Inc. will post 7.46 EPS for the current year.

Salesforce Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 9th. Investors of record on Wednesday, September 17th were paid a $0.416 dividend. This represents a $1.66 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Wednesday, September 17th. Salesforce’s payout ratio is currently 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.