Salesforce Inc. $CRM Stock Position Reduced by Mountain Hill Investment Partners Corp.

Mountain Hill Investment Partners Corp. reduced its holdings in Salesforce Inc. (NYSE:CRM) by 37.8% during the 3rd quarter, Holdings Channel reports. The fund owned 29,571 shares of the CRM provider’s stock after selling 18,007 shares during the quarter. Salesforce comprises 3.8% of Mountain Hill Investment Partners Corp.’s portfolio, making the stock its 12th largest holding. Mountain Hill Investment Partners Corp.’s holdings in Salesforce were worth $6,789,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new position in Salesforce during the 2nd quarter worth $11,396,844,000. Arrowstreet Capital Limited Partnership grew its stake in shares of Salesforce by 130.2% in the first quarter. Arrowstreet Capital Limited Partnership now owns 12,659,217 shares of the CRM provider’s stock worth $2,363,096,000 after purchasing an additional 7,160,302 shares in the last quarter. Bank of America Corp DE acquired a new position in shares of Salesforce during the second quarter valued at $1,914,086,000. Legal & General Group Plc acquired a new position in shares of Salesforce during the second quarter valued at $927,332,000. Finally, Bank of New York Mellon Corp bought a new stake in shares of Salesforce during the second quarter valued at about $844,928,000. Institutional investors own 80.43% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Salesforce in a report on Thursday, August 27th. DA Davidson increased their target price on shares of Salesforce from $225.00 to $250.00 and gave the company a “neutral” rating in a research report on Wednesday. Canaccord Genuity Group raised their target price on shares of Salesforce from $270.00 to $300.00 and gave the company a “buy” rating in a research note on Thursday, September 17th. Royal Bank Of Canada restated a “sector perform” rating and set a $250.00 price target on shares of Salesforce in a research report on Thursday, September 17th. Finally, Evercore restated an “outperform” rating on shares of Salesforce in a research report on Tuesday. Three research analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, thirteen have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $278.98.

Insider Activity

In other Salesforce news, Director David Blair Kirk acquired 4,176 shares of Salesforce stock in a transaction dated Friday, September 18th. The stock was bought at an average price of $239.33 per share, for a total transaction of $999,442.08. Following the transaction, the director owned 18,748 shares in the company, valued at approximately $4,486,958.84. This trade represents a 28.66% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Craig Conway sold 4,500 shares of Salesforce stock in a transaction that occurred on Friday, September 4th. The stock was sold at an average price of $260.61, for a total transaction of $1,172,745.00. Following the completion of the transaction, the director directly owned 5,437 shares in the company, valued at $1,416,936.57. This represents a 45.29% decrease in their position. The SEC filing for this sale provides additional information. 3.50% of the stock is currently owned by insiders.

Salesforce Stock Down 0.6%

Shares of CRM stock opened at $248.79 on Friday. Salesforce Inc. has a 1 year low of $146.32 and a 1 year high of $269.11. The stock has a market cap of $204.76 billion, a PE ratio of 22.68, a price-to-earnings-growth ratio of 1.13 and a beta of 1.26. The business’s fifty day moving average is $236.30 and its 200-day moving average is $196.88. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.84 and a current ratio of 0.84.

Salesforce (NYSE:CRM) last posted its quarterly earnings data on Wednesday, August 26th. The CRM provider reported $5.90 EPS for the quarter, topping analysts’ consensus estimates of $3.27 by $2.63. The company had revenue of $11.35 billion for the quarter, compared to the consensus estimate of $11.33 billion. Salesforce had a return on equity of 24.90% and a net margin of 21.99%. The company’s quarterly revenue was up 10.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.91 EPS. Salesforce has set its FY 2027 guidance at 16.670-16.710 EPS and its Q3 2027 guidance at 3.420-3.440 EPS. Equities analysts expect that Salesforce Inc. will post 12.82 earnings per share for the current fiscal year.

Salesforce Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 8th. Shareholders of record on Thursday, September 17th were given a $0.44 dividend. The ex-dividend date was Thursday, September 17th. This represents a $1.76 annualized dividend and a yield of 0.7%. Salesforce’s payout ratio is 16.04%.

Key Headlines Impacting Salesforce

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Salesforce’s AI products are reportedly growing at triple-digit rates, while its Agentforce platform and more than $14 billion in annual free cash flow could support profitable expansion. The company’s valuation may look attractive if AI adoption accelerates. Salesforce Is Betting Big on AI. The Payoff Could Be Bigger Than Investors Expect
• Positive Sentiment: Cantor Fitzgerald reaffirmed an “Overweight” rating, indicating continued confidence in Salesforce’s growth outlook and AI transition. Salesforce Stock Rating Reaffirmed as Overweight
• Positive Sentiment: The $5.66 billion Braze purchase could expand Salesforce’s customer-engagement capabilities and strengthen its push from AI defense toward a broader autonomous-agent strategy. Salesforce’s $5.6B Braze Buyout
• Neutral Sentiment: Investor comparisons with Adobe, Arista Networks and Snowflake highlight Salesforce’s CRM leadership, focus on profitable growth and AI-agent pivot, but do not represent new company-specific developments. Salesforce vs. Snowflake
• Negative Sentiment: Investors may be concerned that the Braze acquisition’s $5.66 billion price will increase integration risk and pressure near-term returns. Questions about contracts, pricing and customer impact could temper enthusiasm for the deal. Salesforce to Buy Braze for $5.66B

Salesforce Profile

Salesforce, Inc (NYSE: CRM) is a global enterprise software company that provides cloud-based customer relationship management (CRM) technology. Its platform helps organizations manage sales, customer service, marketing, commerce, data, analytics and interactions with customers across digital and traditional channels.

The company’s products include Sales Cloud, Service Cloud, Marketing Cloud, Commerce Cloud and Data Cloud. Salesforce also offers Tableau for data visualization and analytics, MuleSoft for application integration, and Slack for workplace collaboration.