Roberts Wealth Advisors LLC Has $4.49 Million Stock Holdings in Salesforce Inc. $CRM

Roberts Wealth Advisors LLC boosted its position in shares of Salesforce Inc. (NYSE:CRM) by 2.3% during the 2nd quarter, HoldingsChannel reports. The fund owned 16,475 shares of the CRM provider’s stock after buying an additional 369 shares during the quarter. Salesforce makes up approximately 1.3% of Roberts Wealth Advisors LLC’s investment portfolio, making the stock its 25th biggest holding. Roberts Wealth Advisors LLC’s holdings in Salesforce were worth $4,493,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Vanguard Group Inc. increased its position in shares of Salesforce by 1.6% during the first quarter. Vanguard Group Inc. now owns 87,913,628 shares of the CRM provider’s stock valued at $23,592,501,000 after purchasing an additional 1,383,942 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Salesforce by 6.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 9,258,518 shares of the CRM provider’s stock worth $2,484,616,000 after buying an additional 600,386 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in Salesforce by 5.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 9,014,148 shares of the CRM provider’s stock valued at $2,419,037,000 after buying an additional 437,435 shares during the period. Nuveen LLC acquired a new position in shares of Salesforce in the 1st quarter valued at $2,039,196,000. Finally, Charles Schwab Investment Management Inc. lifted its holdings in shares of Salesforce by 4.9% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 6,362,035 shares of the CRM provider’s stock worth $1,707,316,000 after acquiring an additional 295,681 shares during the period. Institutional investors own 80.43% of the company’s stock.

Salesforce Trading Up 2.3%

Shares of CRM opened at $245.85 on Tuesday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.12 and a current ratio of 1.12. The company has a market cap of $234.05 billion, a price-to-earnings ratio of 35.73, a PEG ratio of 2.08 and a beta of 1.19. The stock has a fifty day moving average price of $246.17 and a two-hundred day moving average price of $259.80. Salesforce Inc. has a 52-week low of $226.48 and a 52-week high of $369.00.

Salesforce (NYSE:CRM) last announced 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. 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 analysts’ expectations of $10.14 billion. During the same quarter in the prior year, the business earned $2.56 earnings per share. The business’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. Analysts predict that Salesforce Inc. will post 7.46 EPS for the current fiscal year.

Salesforce Announces Dividend

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

Analysts Set New Price Targets

A number of research firms recently weighed in on CRM. DA Davidson raised shares of Salesforce from an “underperform” rating to a “neutral” rating and set a $225.00 target price on the stock in a research note on Friday, August 15th. Canaccord Genuity Group lowered their price objective on Salesforce from $350.00 to $300.00 and set a “buy” rating on the stock in a research note on Thursday, September 4th. Weiss Ratings reissued a “hold (c+)” rating on shares of Salesforce in a report on Saturday, September 27th. Wells Fargo & Company decreased their price target on Salesforce from $275.00 to $265.00 and set an “equal weight” rating on the stock in a research note on Thursday, September 4th. Finally, KeyCorp lowered their price target on Salesforce from $440.00 to $400.00 and set an “overweight” rating on the stock in a research report on Thursday, September 4th. Twenty-six analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Salesforce currently has a consensus rating of “Moderate Buy” and an average target price of $332.58.

Insider Buying and Selling

In other Salesforce news, CEO Marc Benioff sold 2,250 shares of the company’s stock in a transaction on Friday, August 1st. The stock was sold at an average price of $251.94, for a total transaction of $566,865.00. Following the transaction, the chief executive officer owned 11,911,571 shares of the company’s stock, valued at approximately $3,001,001,197.74. This represents a 0.02% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director David Blair Kirk acquired 3,400 shares of the firm’s stock in a transaction on Tuesday, September 9th. The stock was purchased at an average price of $254.66 per share, for a total transaction of $865,844.00. Following the completion of the transaction, the director directly owned 3,824 shares in the company, valued at approximately $973,819.84. The trade was a 801.89% increase in their position. The disclosure for this purchase can be found here. Insiders have sold 78,750 shares of company stock worth $19,747,868 over the last quarter. 3.00% of the stock is owned by company insiders.

Salesforce 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.