Consilium Wealth Advisory LLC Takes $1 Million Position in Salesforce Inc. $CRM

Consilium Wealth Advisory LLC bought a new stake in Salesforce Inc. (NYSE:CRM) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 5,386 shares of the CRM provider’s stock, valued at approximately $1,005,000.

Other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC lifted its stake in Salesforce by 13.7% in the fourth quarter. Brighton Jones LLC now owns 25,668 shares of the CRM provider’s stock valued at $8,582,000 after acquiring an additional 3,102 shares during the last quarter. Revolve Wealth Partners LLC increased its stake in shares of Salesforce by 12.6% during the 4th quarter. Revolve Wealth Partners LLC now owns 1,827 shares of the CRM provider’s stock worth $611,000 after purchasing an additional 205 shares during the last quarter. Bison Wealth LLC raised its holdings in shares of Salesforce by 9.0% in the 4th quarter. Bison Wealth LLC now owns 2,234 shares of the CRM provider’s stock valued at $747,000 after purchasing an additional 184 shares during the period. Sivia Capital Partners LLC raised its holdings in shares of Salesforce by 3.7% in the 2nd quarter. Sivia Capital Partners LLC now owns 2,958 shares of the CRM provider’s stock valued at $807,000 after purchasing an additional 106 shares during the period. Finally, United Bank lifted its stake in Salesforce by 5.2% in the 2nd quarter. United Bank now owns 10,198 shares of the CRM provider’s stock valued at $2,781,000 after purchasing an additional 500 shares during the last quarter. 80.43% of the stock is currently owned by institutional investors and hedge funds.

Salesforce Stock Up 2.1%

Salesforce stock opened at $153.27 on Wednesday. The stock has a market cap of $125.53 billion, a P/E ratio of 17.74, a P/E/G ratio of 0.93 and a beta of 1.16. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 1.15. Salesforce Inc. has a twelve month low of $146.32 and a twelve month high of $276.80. The company’s 50-day moving average price is $176.77 and its two-hundred day moving average price is $202.95.

Salesforce (NYSE:CRM) last issued its quarterly earnings data on Wednesday, May 27th. The CRM provider reported $3.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.13 by $0.75. Salesforce had a return on equity of 18.72% and a net margin of 18.73%.The company had revenue of $11.13 billion during the quarter, compared to analysts’ expectations of $11.05 billion. During the same quarter in the previous year, the company posted $2.58 earnings per share. The business’s revenue was up 13.3% on a year-over-year basis. Salesforce has set its FY 2027 guidance at 14.060-14.120 EPS and its Q2 2027 guidance at 3.250-3.270 EPS. As a group, analysts expect that Salesforce Inc. will post 10.29 EPS for the current year.

Salesforce announced that its board has authorized a share buyback program on Monday, March 16th that permits the company to buyback $25.00 billion in shares. This buyback authorization permits the CRM provider to reacquire up to 14.1% of its shares through open market purchases. Shares buyback programs are typically a sign that the company’s board believes its shares are undervalued.

Salesforce Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 2nd. Investors of record on Thursday, June 11th will be paid a $0.44 dividend. The ex-dividend date is Thursday, June 11th. This represents a $1.76 annualized dividend and a yield of 1.1%. Salesforce’s payout ratio is 20.37%.

Wall Street Analyst Weigh In

CRM has been the topic of a number of recent analyst reports. The Goldman Sachs Group initiated coverage on Salesforce in a research report on Thursday, June 18th. They set a “neutral” rating on the stock. Jefferies Financial Group reaffirmed a “buy” rating on shares of Salesforce in a research report on Monday, June 15th. Wolfe Research reiterated an “outperform” rating on shares of Salesforce in a research note on Monday, June 15th. BTIG Research reissued a “buy” rating and set a $255.00 target price on shares of Salesforce in a report on Tuesday, May 26th. Finally, Oppenheimer dropped their price target on Salesforce from $275.00 to $250.00 and set an “outperform” rating on the stock in a research note on Thursday, February 26th. One analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, eleven have given a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $257.61.

Trending Headlines about Salesforce

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Salesforce is being highlighted by bullish commentators as a potential value opportunity near 52-week lows, with one article arguing that a large buyback “war chest” could support the stock if management accelerates repurchases. Salesforce: A No-Brainer ‘Buy’ At 52-Week Lows, Buyback War Chest Unleashed
• Positive Sentiment: Salesforce announced a new partnership with the Visa Cash App Racing Bulls Formula 1 Team to use Agentforce 360 for fan engagement and operations, which showcases real-world AI adoption and could help sentiment around its AI strategy. VCARB Partners with Salesforce to Supercharge Fan Engagement with AI, Deploying Agentforce 360
• Positive Sentiment: Truist reportedly kept a Buy rating on Salesforce, and commentators including Jim Cramer have pointed to the stock as potentially attractive after its steep decline. Jim Cramer Discusses Big Salesforce (CRM) Deal
• Neutral Sentiment: Salesforce has been attracting unusually high investor attention on Zacks, but the note mainly points to increased interest rather than a clear new catalyst. Salesforce, Inc. (CRM) is Attracting Investor Attention: Here is What You Should Know
• Negative Sentiment: The stock has been sliding amid a record losing streak, with investors worried that AI could pressure the traditional SaaS model and slow Salesforce’s growth outlook. Salesforce stock hits 52-week low amid record losing streak and AI fears
• Negative Sentiment: A separate report said Salesforce’s shares were sliding as the stock approached a record 14th consecutive daily loss, reinforcing weak momentum and bearish trading sentiment. Why Salesforce (CRM) shares are sliding today
• Negative Sentiment: A cybersecurity article noted that a Klue breach exposed Salesforce CRM data via stolen OAuth tokens, which could add to investor concerns about ecosystem security and customer trust. Klue breach exposed Salesforce CRM data through stolen OAuth tokens

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.