NZS Capital LLC Increases Stock Holdings in Salesforce Inc. $CRM

NZS Capital LLC lifted its position in shares of Salesforce Inc. (NYSE:CRM) by 25.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 80,846 shares of the CRM provider’s stock after purchasing an additional 16,593 shares during the period. NZS Capital LLC’s holdings in Salesforce were worth $19,161,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Marquette Asset Management LLC purchased a new stake in shares of Salesforce during the third quarter worth about $26,000. Evolution Wealth Management Inc. purchased a new stake in Salesforce during the 2nd quarter worth approximately $27,000. Spurstone Advisory Services LLC acquired a new position in shares of Salesforce in the 2nd quarter valued at approximately $34,000. Country Trust Bank grew its position in shares of Salesforce by 658.8% during the second quarter. Country Trust Bank now owns 129 shares of the CRM provider’s stock worth $35,000 after buying an additional 112 shares in the last quarter. Finally, Decker Retirement Planning Inc. increased its stake in shares of Salesforce by 284.6% in the second quarter. Decker Retirement Planning Inc. now owns 150 shares of the CRM provider’s stock worth $41,000 after buying an additional 111 shares during the last quarter. 80.43% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, Director G Mason Morfit acquired 96,000 shares of the business’s stock in a transaction dated Friday, December 5th. The stock was acquired at an average price of $260.58 per share, for a total transaction of $25,015,680.00. Following the completion of the acquisition, the director directly owned 2,994,509 shares in the company, valued at $780,309,155.22. This represents a 3.31% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. Also, Director Neelie Kroes sold 3,893 shares of the firm’s stock in a transaction dated Wednesday, January 14th. The shares were sold at an average price of $238.70, for a total value of $929,259.10. Following the transaction, the director directly owned 7,299 shares of the company’s stock, valued at $1,742,271.30. This represents a 34.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 3.00% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on CRM. DA Davidson dropped their target price on shares of Salesforce from $235.00 to $200.00 and set a “neutral” rating for the company in a research report on Friday, February 27th. UBS Group decreased their target price on Salesforce from $260.00 to $200.00 and set a “neutral” rating for the company in a research report on Tuesday, February 17th. Roth Mkm dropped their price target on Salesforce from $395.00 to $325.00 and set a “buy” rating on the stock in a research report on Thursday, February 26th. Wells Fargo & Company decreased their price objective on shares of Salesforce from $235.00 to $210.00 and set an “equal weight” rating for the company in a report on Thursday, February 26th. Finally, Oppenheimer dropped their target price on shares of Salesforce from $275.00 to $250.00 and set an “outperform” rating on the stock in a report on Thursday, February 26th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $283.14.

More Salesforce News

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Q4 beat and AI strategy — Salesforce reported a clear EPS and modest revenue beat and is pushing Agentforce (AI agents) into new verticals (telecom) while announcing partner integrations and a capital-return emphasis; that combination is the main bullish driver today. Salesforce Recasts Growth Story Around AI Agents And Capital Returns
• Positive Sentiment: Analyst pocket lift — Citigroup nudged its price target slightly higher to $200 and kept a neutral view, signaling some analyst support after results. Benzinga
• Positive Sentiment: Partner M&A and ecosystem expansion — Faye’s acquisition of CRM Science (a Salesforce partner) and talk of deeper partner integrations (e.g., GoDaddy with MuleSoft) reinforce go-to-market reach for Agentforce deployments. Faye Acquires CRM Science, Award Winning Salesforce Partner
• Neutral Sentiment: Investor interest / trending coverage — Salesforce has been a top-searched/trending name on Zacks; that attention can boost short-term flows but doesn’t replace fundamental drivers. Here is What to Know Beyond Why Salesforce, Inc. (CRM) is a Trending Stock
• Neutral Sentiment: International revenue focus — Zacks highlights that international growth trends are key for forecasts; investors should watch regional mix as management leverages overseas momentum. Investing in Salesforce (CRM)? Don’t Miss Assessing Its International Revenue Trends
• Neutral Sentiment: Analyst reset coverage — Goldman Sachs/Street coverage shows analysts are re-evaluating valuation post-earnings; some resets are informational rather than directional. Goldman Sachs resets price target for this Dow 30 dividend stock
• Negative Sentiment: Piper Sandler trimmed its price target from $280 to $250 (kept Overweight), citing a more cautious view on FY27 revenue growth — a headwind for valuation expectations. Piper Sandler Cuts Salesforce, Inc. (CRM) Price Target to $250 from $280
• Negative Sentiment: Truist sharply reduced its target (from $380 to $280) citing sector valuation compression — a larger negative signal for upside expectations despite a retained Buy. Truist Reduces Target Price on Salesforce (CRM) to $280

Salesforce Trading Up 1.7%

Shares of CRM stock opened at $196.24 on Wednesday. Salesforce Inc. has a 1 year low of $174.57 and a 1 year high of $298.08. The firm has a market capitalization of $183.88 billion, a PE ratio of 25.13, a price-to-earnings-growth ratio of 1.40 and a beta of 1.29. The stock has a fifty day moving average of $221.20 and a two-hundred day moving average of $237.77. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.98 and a current ratio of 0.76.

Salesforce (NYSE:CRM) last issued 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 business had revenue of $11.20 billion for the quarter, compared to analysts’ expectations of $11.18 billion. Salesforce had a net margin of 17.96% and a return on equity of 15.38%. The company’s revenue was up 12.1% on a year-over-year basis. During the same period in the previous year, the business 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. As a group, research analysts expect that Salesforce Inc. will post 7.46 EPS for the current year.

Salesforce Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 23rd. Investors of record on Thursday, April 9th will be paid a dividend of $0.44 per share. This is a boost from Salesforce’s previous quarterly dividend of $0.42. This represents a $1.76 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Thursday, April 9th. Salesforce’s dividend payout ratio (DPR) is 21.25%.

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.