Neville Rodie & Shaw Inc. Decreases Stock Position in Salesforce Inc. $CRM

Neville Rodie & Shaw Inc. lessened its holdings in Salesforce Inc. (NYSE:CRM) by 40.6% in the 4th quarter, Holdings Channel.com reports. The fund owned 26,050 shares of the CRM provider’s stock after selling 17,803 shares during the period. Neville Rodie & Shaw Inc.’s holdings in Salesforce were worth $6,901,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the business. Marquette Asset Management LLC purchased a new position in shares of Salesforce in the 3rd quarter valued at approximately $26,000. Evolution Wealth Management Inc. purchased a new stake in Salesforce during the 2nd quarter worth approximately $27,000. Texas Capital Bancshares Inc TX acquired a new position in Salesforce during the 3rd quarter valued at approximately $28,000. Country Trust Bank increased its stake in Salesforce by 658.8% during the 2nd quarter. Country Trust Bank now owns 129 shares of the CRM provider’s stock valued at $35,000 after purchasing an additional 112 shares in the last quarter. Finally, Measured Wealth Private Client Group LLC purchased a new position in shares of Salesforce in the third quarter worth $39,000. Hedge funds and other institutional investors own 80.43% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the stock. Wedbush reissued an “outperform” rating and set a $375.00 price objective on shares of Salesforce in a report on Tuesday, February 24th. Northland Securities cut their price objective on Salesforce from $267.00 to $229.00 and set a “market perform” rating on the stock in a report on Tuesday, March 10th. Needham & Company LLC reaffirmed a “buy” rating and set a $400.00 target price on shares of Salesforce in a report on Thursday, February 26th. Morgan Stanley cut their price target on shares of Salesforce from $398.00 to $287.00 and set an “overweight” rating on the stock in a report on Monday, February 23rd. Finally, Canaccord Genuity Group restated a “buy” rating and set a $300.00 price objective on shares of Salesforce in a research note on Thursday, December 4th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $280.21.

More Salesforce News

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Company insiders (directors) bought shares this week—two disclosures show ~2,570-share purchases at roughly $194.6 each, signaling management confidence and providing a near-term vote of confidence to the market. Insider Buying: Salesforce Director Buys 2,570 Shares of Stock
• Positive Sentiment: Salesforce is pushing “Agentic AI” initiatives and partnering to embed AI agents into workflows (including collaborations reported with NVIDIA), which investors view as core to reaccelerating bookings and revenue growth over time. This supports the bull case for CRM’s longer-term growth trajectory. Salesforce’s Agentic AI Push: Can It Reaccelerate CRM’s Sales Growth?
• Neutral Sentiment: High-profile endorsements remain in the tape—Jim Cramer previously recommended buying CRM (Feb 2025). Such mentions can influence retail flows but are less likely to move fundamentals. Jim Cramer recommended buying Salesforce (CRM) in February 2025
• Neutral Sentiment: Analysts have trimmed price targets after the latest quarter but the consensus remains a “Moderate Buy”—mixed near-term takes create a neutral broker backdrop. Salesforce (CRM) stock overview and analyst notes
• Negative Sentiment: A report flags a very large buyback program (coverage cites a $50B figure) after an EPS beat but softer guidance—some investors worry buybacks are being used to lift EPS rather than being matched by reaccelerating organic growth, weighing on sentiment. A $50 Billion Buyback Is Raising Questions About Salesforce’s Growth Story
• Negative Sentiment: Separately, Salesforce completed a large, debt-funded accelerated share repurchase and issued sizeable senior notes to finance it—this materially changes leverage and capital structure, prompting debate over long-term risk vs. shareholder returns. The Bull Case For Salesforce (CRM) Could Change Following Debt-Funded $25 Billion Buyback And Refinancing Transaction

Salesforce Trading Up 0.3%

Salesforce stock opened at $194.89 on Friday. The firm has a market cap of $179.88 billion, a PE ratio of 24.95, a P/E/G ratio of 1.41 and a beta of 1.29. Salesforce Inc. has a 12 month low of $174.57 and a 12 month high of $296.05. The stock’s 50 day simple moving average is $205.22 and its two-hundred day simple moving average is $233.61. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.18.

Salesforce (NYSE:CRM) last posted its earnings results on Wednesday, February 25th. The CRM provider reported $3.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.05 by $0.76. Salesforce had a net margin of 17.96% and a return on equity of 15.38%. The firm had revenue of $11.20 billion during the quarter, compared to analysts’ expectations of $11.18 billion. During the same period in the previous year, the business posted $2.78 EPS. The business’s 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. Analysts anticipate that Salesforce Inc. will post 7.46 earnings per share for the current 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 $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Thursday, April 9th. This is a positive change from Salesforce’s previous quarterly dividend of $0.42. Salesforce’s payout ratio is currently 21.25%.

Salesforce announced that its Board of Directors has initiated a stock buyback plan on Monday, March 16th that authorizes the company to repurchase $25.00 billion in outstanding shares. This repurchase authorization authorizes the CRM provider to reacquire up to 14.1% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s leadership believes its shares are undervalued.

Insiders Place Their Bets

In other Salesforce news, Director Laura Alber bought 2,571 shares of Salesforce stock in a transaction dated Thursday, March 19th. The stock was acquired at an average cost of $194.58 per share, with a total value of $500,265.18. Following the purchase, the director directly owned 9,530 shares in the company, valued at $1,854,347.40. This represents a 36.94% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director David Blair Kirk bought 2,570 shares of the firm’s stock in a transaction dated Wednesday, March 18th. The shares were acquired at an average price of $194.62 per share, for a total transaction of $500,173.40. Following the transaction, the director directly owned 13,689 shares in the company, valued at approximately $2,664,153.18. This represents a 23.11% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 3.00% of the stock is currently owned by company insiders.

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.