Mizuho Securities Co. Ltd. Has $1.53 Million Stake in Salesforce Inc. $CRM

Mizuho Securities Co. Ltd. raised its position in Salesforce Inc. (NYSE:CRM) by 13,950.0% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,620 shares of the CRM provider’s stock after buying an additional 5,580 shares during the period. Salesforce accounts for about 5.5% of Mizuho Securities Co. Ltd.’s investment portfolio, making the stock its 4th biggest position. Mizuho Securities Co. Ltd.’s holdings in Salesforce were worth $1,533,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Nuveen LLC bought a new position in shares of Salesforce in the first quarter valued at about $2,039,196,000. Acadian Asset Management LLC increased its holdings in shares of Salesforce by 1,729.6% in the second quarter. Acadian Asset Management LLC now owns 1,973,141 shares of the CRM provider’s stock valued at $538,020,000 after purchasing an additional 1,865,297 shares in the last quarter. Longview Partners Guernsey LTD bought a new position in Salesforce in the 1st quarter worth approximately $467,944,000. Pacer Advisors Inc. lifted its holdings in Salesforce by 1,744.0% during the 1st quarter. Pacer Advisors Inc. now owns 1,820,262 shares of the CRM provider’s stock worth $488,486,000 after buying an additional 1,721,550 shares in the last quarter. Finally, Vanguard Group Inc. lifted its holdings in Salesforce by 1.6% during the 1st quarter. Vanguard Group Inc. now owns 87,913,628 shares of the CRM provider’s stock worth $23,592,501,000 after buying an additional 1,383,942 shares in the last quarter. 80.43% of the stock is currently owned by institutional investors.

Salesforce Stock Down 2.5%

Shares of NYSE:CRM opened at $227.59 on Thursday. The company has a 50 day moving average price of $245.53 and a two-hundred day moving average price of $256.75. 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 capitalization of $216.67 billion, a PE ratio of 33.08, a PEG ratio of 2.11 and a beta of 1.19. Salesforce Inc. has a 52 week low of $225.06 and a 52 week high of $369.00.

Salesforce (NYSE:CRM) last announced its quarterly earnings results on Wednesday, September 3rd. The CRM provider reported $2.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.78 by $0.13. Salesforce had a net margin of 16.87% and a return on equity of 13.27%. The company had revenue of $10.24 billion during the quarter, compared to analyst estimates of $10.14 billion. During the same quarter in the previous year, the business earned $2.56 EPS. The firm’s revenue 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 forecast that Salesforce Inc. will post 7.46 earnings per share for the current year.

Salesforce Announces Dividend

The firm 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 dividend on an annualized basis 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 Activity

In other news, CEO Marc Benioff sold 122 shares of Salesforce stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $259.00, for a total transaction of $31,598.00. Following the transaction, the chief executive officer owned 11,911,571 shares in the company, valued at $3,085,096,889. The trade was a 0.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders sold 63,122 shares of company stock valued at $15,615,413 in the last ninety days. 3.00% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

CRM has been the subject of a number of recent research reports. Sanford C. Bernstein dropped their target price on Salesforce from $255.00 to $221.00 and set an “underperform” rating for the company in a research report on Thursday, September 4th. DA Davidson reiterated a “neutral” rating and issued a $225.00 price objective on shares of Salesforce in a research report on Thursday, October 16th. Stifel Nicolaus lowered their price target on shares of Salesforce from $325.00 to $300.00 and set a “buy” rating for the company in a research report on Thursday, October 9th. Macquarie reissued a “neutral” rating and set a $250.00 price target on shares of Salesforce in a research note on Thursday, October 16th. Finally, Wall Street Zen lowered shares of Salesforce from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. Twenty-five 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’s stock. According to MarketBeat.com, Salesforce currently has a consensus rating of “Moderate Buy” and an average price target of $323.51.

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.