Timber Creek Capital Management LLC Raises Holdings in Salesforce Inc. $CRM

Timber Creek Capital Management LLC raised its holdings in Salesforce Inc. (NYSE:CRM) by 2.5% during the second quarter, Holdings Channel.com reports. The firm owned 18,010 shares of the CRM provider’s stock after purchasing an additional 438 shares during the period. Timber Creek Capital Management LLC’s holdings in Salesforce were worth $4,911,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. Vanguard Group Inc. raised its holdings in Salesforce by 1.0% in the 2nd quarter. Vanguard Group Inc. now owns 88,823,481 shares of the CRM provider’s stock valued at $24,221,275,000 after buying an additional 909,853 shares during the period. Geode Capital Management LLC increased its position in shares of Salesforce by 0.6% during the second quarter. Geode Capital Management LLC now owns 20,873,900 shares of the CRM provider’s stock valued at $5,669,224,000 after acquiring an additional 114,504 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Salesforce by 6.9% in the 1st 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 valued at $2,484,616,000 after acquiring an additional 600,386 shares during the period. Goldman Sachs Group Inc. lifted its holdings in shares of Salesforce by 5.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 9,014,148 shares of the CRM provider’s stock worth $2,419,037,000 after acquiring an additional 437,435 shares during the last quarter. Finally, Nuveen LLC acquired a new position in shares of Salesforce in the 1st quarter worth approximately $2,039,196,000. Institutional investors and hedge funds own 80.43% of the company’s stock.

Wall Street Analyst Weigh In

CRM has been the topic of a number of research analyst reports. Macquarie reissued a “neutral” rating and issued a $250.00 target price on shares of Salesforce in a research report on Thursday, October 16th. Northland Securities downgraded Salesforce from an “outperform” rating to a “market perform” rating and set a $264.00 price objective on the stock. in a report on Tuesday, October 14th. Wall Street Zen lowered Salesforce from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. Mizuho dropped their target price on Salesforce from $350.00 to $340.00 and set an “outperform” rating for the company in a research report on Monday, November 17th. Finally, Northland Capmk lowered shares of Salesforce from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 14th. Twenty-five research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $323.51.

Insider Buying and Selling

In other news, Director David Blair Kirk acquired 3,400 shares of the company’s stock in a transaction on Tuesday, September 9th. The shares were bought at an average price of $254.66 per share, with a total value of $865,844.00. Following the completion of the acquisition, the director owned 3,824 shares in the company, valued at $973,819.84. This trade represents a 801.89% increase in their position. The transaction 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 dated Monday, September 22nd. The stock was sold at an average price of $248.19, for a total value of $558,427.50. Following the sale, the chief executive officer owned 11,911,571 shares in the company, valued at $2,956,332,806.49. This trade represents a 0.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 58,622 shares of company stock valued at $14,501,123 over the last ninety days. 3.00% of the stock is currently owned by corporate insiders.

Salesforce Stock Down 0.2%

Shares of NYSE:CRM opened at $226.70 on Tuesday. Salesforce Inc. has a fifty-two week low of $221.96 and a fifty-two week high of $369.00. The firm’s 50 day moving average price is $244.48 and its 200 day moving average price is $255.57. 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 has a market cap of $215.82 billion, a price-to-earnings ratio of 32.95, a price-to-earnings-growth ratio of 2.11 and a beta of 1.19.

Salesforce (NYSE:CRM) last posted its earnings results on Wednesday, September 3rd. The CRM provider reported $2.91 EPS for the quarter, beating the consensus estimate of $2.78 by $0.13. The firm had revenue of $10.24 billion for the quarter, compared to analyst estimates of $10.14 billion. Salesforce had a return on equity of 13.27% and a net margin of 16.87%.Salesforce’s revenue for the quarter was up 9.8% compared to the same quarter last year. During the same quarter in the prior year, the company 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. As a group, equities research analysts predict that Salesforce Inc. will post 7.46 earnings per share for the current fiscal year.

Salesforce Dividend Announcement

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