Telos Capital Management Inc. Purchases 383 Shares of Salesforce Inc. $CRM

Telos Capital Management Inc. boosted its position in Salesforce Inc. (NYSE:CRM) by 24.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,936 shares of the CRM provider’s stock after acquiring an additional 383 shares during the period. Telos Capital Management Inc.’s holdings in Salesforce were worth $528,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in Salesforce by 1.6% in the first quarter. Vanguard Group Inc. now owns 87,913,628 shares of the CRM provider’s stock worth $23,592,501,000 after acquiring an additional 1,383,942 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in Salesforce by 6.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 9,258,518 shares of the CRM provider’s stock worth $2,484,616,000 after acquiring an additional 600,386 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in Salesforce by 5.1% in the first quarter. Goldman Sachs Group Inc. now owns 9,014,148 shares of the CRM provider’s stock worth $2,419,037,000 after acquiring an additional 437,435 shares in the last quarter. Nuveen LLC bought a new position in Salesforce in the first quarter worth approximately $2,039,196,000. Finally, Charles Schwab Investment Management Inc. boosted its holdings in Salesforce by 4.9% in the first quarter. Charles Schwab Investment Management Inc. now owns 6,362,035 shares of the CRM provider’s stock worth $1,707,316,000 after acquiring an additional 295,681 shares in the last quarter. Institutional investors own 80.43% of the company’s stock.

Salesforce Stock Performance

Shares of Salesforce stock opened at $261.32 on Tuesday. The business’s fifty day simple moving average is $247.79 and its 200 day simple moving average is $258.25. The firm has a market capitalization of $248.78 billion, a P/E ratio of 37.98, a price-to-earnings-growth ratio of 2.11 and a beta of 1.19. Salesforce Inc. has a 12 month low of $226.48 and a 12 month high of $369.00. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.14.

Salesforce (NYSE:CRM) last issued its quarterly earnings results on Wednesday, September 3rd. The CRM provider reported $2.91 EPS for the quarter, topping analysts’ consensus estimates of $2.78 by $0.13. The business had revenue of $10.24 billion for the quarter, compared to analyst estimates of $10.14 billion. Salesforce had a return on equity of 13.27% and a net margin of 16.87%.Salesforce’s quarterly revenue was up 9.8% compared to the same quarter last year. During the same period last year, the company posted $2.56 earnings per share. Salesforce has set its FY 2026 guidance at 11.330-11.370 EPS. Q3 2026 guidance at 2.840-2.860 EPS. As a group, analysts anticipate that Salesforce Inc. will post 7.46 EPS for the current year.

Salesforce Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 9th. Investors of record on Wednesday, September 17th were issued a dividend of $0.416 per share. This represents a $1.66 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date was Wednesday, September 17th. Salesforce’s dividend payout ratio (DPR) is 24.13%.

Insider Buying and Selling

In related news, CEO Marc Benioff sold 2,250 shares of Salesforce stock in a transaction on Friday, October 31st. The stock was sold at an average price of $258.20, for a total transaction of $580,950.00. Following the sale, the chief executive officer directly owned 11,911,571 shares in the company, valued at approximately $3,075,567,632.20. This trade represents a 0.02% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders sold 78,750 shares of company stock worth $19,385,933 in the last 90 days. Company insiders own 3.00% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on CRM. Northland Capmk lowered Salesforce from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 14th. KeyCorp dropped their target price on Salesforce from $440.00 to $400.00 and set an “overweight” rating on the stock in a report on Thursday, September 4th. JMP Securities restated a “market outperform” rating and issued a $430.00 target price on shares of Salesforce in a report on Friday, October 17th. Stifel Nicolaus dropped their target price on Salesforce from $325.00 to $300.00 and set a “buy” rating on the stock in a report on Thursday, October 9th. Finally, Wall Street Zen upgraded Salesforce from a “hold” rating to a “buy” rating in a report on Saturday, October 11th. Twenty-five equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $325.23.

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.