Salesforce Inc. $CRM Shares Bought by Distillate Capital Partners LLC

Distillate Capital Partners LLC boosted its holdings in shares of Salesforce Inc. (NYSE:CRM) by 35.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 140,961 shares of the CRM provider’s stock after acquiring an additional 37,221 shares during the quarter. Salesforce accounts for about 1.7% of Distillate Capital Partners LLC’s portfolio, making the stock its 8th largest position. Distillate Capital Partners LLC’s holdings in Salesforce were worth $33,419,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CRM. Element Capital Management LLC acquired a new position in shares of Salesforce in the 3rd quarter valued at about $483,000. Elevation Point Wealth Partners LLC grew its stake in Salesforce by 91.8% during the third quarter. Elevation Point Wealth Partners LLC now owns 5,879 shares of the CRM provider’s stock worth $1,395,000 after purchasing an additional 2,814 shares during the period. Eminence Capital LP grew its stake in Salesforce by 5.6% during the third quarter. Eminence Capital LP now owns 830,536 shares of the CRM provider’s stock worth $196,837,000 after purchasing an additional 43,888 shares during the period. Crawford Investment Counsel Inc. increased its holdings in Salesforce by 13.3% in the third quarter. Crawford Investment Counsel Inc. now owns 62,853 shares of the CRM provider’s stock worth $14,896,000 after purchasing an additional 7,371 shares in the last quarter. Finally, Candlestick Capital Management LP acquired a new position in Salesforce in the third quarter valued at approximately $38,992,000. 80.43% of the stock is currently owned by institutional investors and hedge funds.

Salesforce Stock Performance

Shares of CRM stock opened at $192.63 on Monday. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.18. The firm has a fifty day simple moving average of $210.48 and a two-hundred day simple moving average of $234.98. Salesforce Inc. has a 12 month low of $174.57 and a 12 month high of $296.05. The firm has a market capitalization of $177.80 billion, a PE ratio of 24.66, a price-to-earnings-growth ratio of 1.40 and a beta of 1.29.

Salesforce (NYSE:CRM) last released its quarterly earnings data on Wednesday, February 25th. The CRM provider reported $3.81 earnings per share for the quarter, beating analysts’ consensus estimates of $3.05 by $0.76. The firm had revenue of $11.20 billion for the quarter, compared to analyst estimates of $11.18 billion. Salesforce had a net margin of 17.96% and a return on equity of 15.38%. The business’s quarterly revenue was up 12.1% compared to the same quarter last year. During the same period last year, the firm earned $2.78 earnings per share. 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 forecast that Salesforce Inc. will post 7.46 EPS for the current fiscal 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 given a $0.44 dividend. This represents a $1.76 annualized dividend 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 21.25%.

Wall Street Analysts Forecast Growth

CRM has been the topic of a number of research analyst reports. BTIG Research cut their price target on Salesforce from $260.00 to $255.00 and set a “buy” rating on the stock in a report on Thursday, February 26th. Bank of America dropped their target price on shares of Salesforce from $325.00 to $305.00 and set a “buy” rating on the stock in a research report on Monday, November 17th. Piper Sandler reissued an “overweight” rating and set a $250.00 target price (down from $280.00) on shares of Salesforce in a research note on Thursday, February 26th. BMO Capital Markets reduced their price target on shares of Salesforce from $235.00 to $225.00 and set an “outperform” rating for the company in a report on Thursday, February 26th. Finally, DA Davidson decreased their price target on shares of Salesforce from $235.00 to $200.00 and set a “neutral” rating for the company in a research note on Friday, February 27th. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Salesforce currently has a consensus rating of “Moderate Buy” and an average target price of $282.06.

Trending Headlines about Salesforce

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Salesforce is rolling out Agentforce, its contact-center-as-a-service push aimed at replacing fragmented contact-center stacks—this could deepen wallet-share with large enterprise customers and support growth in CRM-adjacent services. Salesforce Aims to End the ‘Frankenstein’ Contact Center With Agentforce
• Positive Sentiment: Salesforce added six Agentforce Health agents pre-wired with integrations for healthcare workflows—strengthens vertical product shelf and could accelerate adoption in a high-value industry. Salesforce Announces Six New Agentforce Health Agents Pre-Wired With Rich Integrations
• Positive Sentiment: Management intends to use net proceeds from the $25B senior-note offering to fund buybacks—this can be EPS-accretive and supports shareholder returns if repurchases are executed. Salesforce Prices Public Offering of Senior Notes
• Neutral Sentiment: Analyst roundups following Salesforce’s fiscal Q4 results highlight mixed views—earnings beat and guidance were solid, but some analysts remain cautious on valuation and AI execution risk. What are Analysts Thinking of Salesforce (CRM) Following Fourth Quarter Fiscal 2026 Results?
• Neutral Sentiment: Formal notice that the $25B notes have been priced is a factual development—markets are focused on coupon levels and close conditions. Salesforce Prices Public Offering of Senior Notes
• Neutral Sentiment: Competitive ecosystem moves: LivePerson launched integrations that work with Salesforce, underscoring partner/competitor dynamics in conversational AI and contact-center orchestration. LivePerson Announces Event-driven Orchestration Partnership with Coral Active
• Negative Sentiment: Market commentary warns investors demanded higher yields on the bond sale—Zacks flags caution around rising leverage and AI uncertainty, which can pressure multiples and sentiment. Salesforce Taps Bonds for Buybacks as Investors Demand More Yield
• Negative Sentiment: Recent analyst downgrade(s) and at least one pessimistic price forecast have added selling pressure and negative sentiment near term. Salesforce (NYSE:CRM) Stock Price Down 2% on Analyst Downgrade Northland Securities Issues Pessimistic Forecast for Salesforce (NYSE:CRM) Stock Price

Insider Transactions at Salesforce

In related news, Director David Blair Kirk acquired 1,936 shares of the firm’s stock in a transaction on Wednesday, December 17th. The stock was purchased at an average cost of $258.64 per share, with a total value of $500,727.04. Following the acquisition, the director owned 10,677 shares of the company’s stock, valued at approximately $2,761,499.28. This trade represents a 22.15% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Neelie Kroes sold 3,893 shares of the company’s stock in a transaction on Wednesday, January 14th. The stock was sold at an average price of $238.70, for a total value of $929,259.10. Following the sale, the director owned 7,299 shares of the company’s stock, valued at $1,742,271.30. This trade represents a 34.78% decrease in their position. The SEC filing for this sale provides additional information. 3.00% of the stock is currently owned by insiders.

Salesforce 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.