Campbell & CO Investment Adviser LLC Increases Position in Salesforce Inc. $CRM

Campbell & CO Investment Adviser LLC grew its stake in shares of Salesforce Inc. (NYSE:CRM) by 158.4% in the 1st quarter, HoldingsChannel.com reports. The fund owned 23,024 shares of the CRM provider’s stock after acquiring an additional 14,113 shares during the period. Salesforce accounts for about 0.5% of Campbell & CO Investment Adviser LLC’s investment portfolio, making the stock its 17th biggest holding. Campbell & CO Investment Adviser LLC’s holdings in Salesforce were worth $6,179,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Bernard Wealth Management Corp. bought a new position in Salesforce in the fourth quarter worth approximately $25,000. Accredited Wealth Management LLC acquired a new stake in shares of Salesforce in the 4th quarter valued at $27,000. Wood Tarver Financial Group LLC acquired a new stake in shares of Salesforce in the 4th quarter valued at $35,000. Capital A Wealth Management LLC raised its holdings in shares of Salesforce by 450.0% in the 1st quarter. Capital A Wealth Management LLC now owns 110 shares of the CRM provider’s stock valued at $30,000 after purchasing an additional 90 shares in the last quarter. Finally, CBIZ Investment Advisory Services LLC raised its holdings in shares of Salesforce by 314.8% in the 1st quarter. CBIZ Investment Advisory Services LLC now owns 112 shares of the CRM provider’s stock valued at $30,000 after purchasing an additional 85 shares in the last quarter. Institutional investors own 80.43% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the stock. JMP Securities reiterated a “market outperform” rating and set a $430.00 price target on shares of Salesforce in a research note on Friday, July 11th. Stephens cut their price target on shares of Salesforce from $311.00 to $309.00 and set an “equal weight” rating on the stock in a research note on Friday, May 30th. Wells Fargo & Company lifted their price target on shares of Salesforce from $255.00 to $275.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 29th. Erste Group Bank lowered shares of Salesforce from a “buy” rating to a “hold” rating in a research note on Thursday, June 5th. Finally, Mizuho cut their price target on shares of Salesforce from $425.00 to $380.00 and set an “outperform” rating on the stock in a research note on Thursday, May 15th. Four analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $342.89.

Salesforce Trading Up 0.9%

Shares of Salesforce stock opened at $248.0150 on Friday. Salesforce Inc. has a 1 year low of $226.48 and a 1 year high of $369.00. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.07 and a current ratio of 1.07. The company has a market capitalization of $237.10 billion, a P/E ratio of 38.81, a PEG ratio of 2.25 and a beta of 1.37. The company’s fifty day moving average is $258.37 and its two-hundred day moving average is $271.92.

Salesforce (NYSE:CRM) last issued its earnings results on Wednesday, May 28th. The CRM provider reported $2.58 earnings per share for the quarter, beating the consensus estimate of $2.55 by $0.03. The business had revenue of $9.83 billion for the quarter, compared to the consensus estimate of $9.74 billion. Salesforce had a net margin of 16.08% and a return on equity of 12.94%. The business’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.44 earnings per share. Salesforce has set its FY 2026 guidance at 11.270-11.330 EPS. Q2 2026 guidance at 2.760-2.780 EPS. Analysts forecast that Salesforce Inc. will post 7.46 earnings per share for the current year.

Salesforce Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, July 10th. Stockholders of record on Wednesday, June 18th were issued a $0.416 dividend. The ex-dividend date of this dividend was Wednesday, June 18th. This represents a $1.66 annualized dividend and a dividend yield of 0.7%. Salesforce’s payout ratio is presently 25.98%.

Insider Buying and Selling at Salesforce

In other news, CEO Marc Benioff sold 2,250 shares of Salesforce stock in a transaction dated Wednesday, August 20th. The shares were sold at an average price of $246.07, for a total value of $553,657.50. Following the sale, the chief executive officer owned 11,911,571 shares of the company’s stock, valued at $2,931,080,275.97. The trade was a 0.02% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have sold a total of 52,577 shares of company stock valued at $13,528,188 over the last quarter. 3.00% of the stock is owned by insiders.

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.