National Pension Service Has $523.10 Million Holdings in Salesforce Inc. $CRM

National Pension Service grew its holdings in shares of Salesforce Inc. (NYSE:CRM) by 2.4% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,207,190 shares of the CRM provider’s stock after buying an additional 51,492 shares during the period. National Pension Service’s holdings in Salesforce were worth $523,104,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of CRM. Twin City Private Wealth LLC lifted its position in shares of Salesforce by 2.1% during the 3rd quarter. Twin City Private Wealth LLC now owns 3,756 shares of the CRM provider’s stock valued at $892,000 after acquiring an additional 78 shares during the period. Bryn Mawr Trust Advisors LLC increased its stake in Salesforce by 11.6% in the third quarter. Bryn Mawr Trust Advisors LLC now owns 8,088 shares of the CRM provider’s stock valued at $1,917,000 after purchasing an additional 842 shares in the last quarter. Madison Park Capital Advisors LLC increased its stake in Salesforce by 11.1% in the third quarter. Madison Park Capital Advisors LLC now owns 1,700 shares of the CRM provider’s stock valued at $403,000 after purchasing an additional 170 shares in the last quarter. Argent Advisors Inc. raised its holdings in shares of Salesforce by 9.2% during the third quarter. Argent Advisors Inc. now owns 5,923 shares of the CRM provider’s stock valued at $1,404,000 after purchasing an additional 497 shares during the period. Finally, Pegasus Asset Management Inc. boosted its position in shares of Salesforce by 1.9% during the 3rd quarter. Pegasus Asset Management Inc. now owns 17,011 shares of the CRM provider’s stock worth $4,032,000 after purchasing an additional 314 shares in the last quarter. Institutional investors own 80.43% of the company’s stock.

Salesforce Stock Performance

CRM stock opened at $212.10 on Friday. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.14. The firm has a market cap of $198.74 billion, a PE ratio of 28.32, a P/E/G ratio of 1.60 and a beta of 1.26. The business has a 50 day moving average of $246.78 and a 200-day moving average of $247.52. Salesforce Inc. has a 12-month low of $208.78 and a 12-month high of $349.50.

Salesforce (NYSE:CRM) last released its earnings results on Wednesday, December 3rd. The CRM provider reported $3.25 EPS for the quarter, topping analysts’ consensus estimates of $2.86 by $0.39. The company had revenue of $10.26 billion for the quarter, compared to analysts’ expectations of $10.27 billion. Salesforce had a return on equity of 14.41% and a net margin of 17.91%.The business’s revenue for the quarter was up 9.1% compared to the same quarter last year. During the same period in the previous year, the business posted $2.41 EPS. Salesforce has set its Q4 2026 guidance at 3.020-3.040 EPS. As a group, sell-side analysts expect that Salesforce Inc. will post 7.46 earnings per share for the current year.

Salesforce Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, January 8th. Stockholders of record on Thursday, December 18th were given a dividend of $0.416 per share. This represents a $1.66 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Thursday, December 18th. Salesforce’s dividend payout ratio is currently 22.16%.

Wall Street Analysts Forecast Growth

CRM has been the subject of a number of research analyst reports. The Goldman Sachs Group initiated coverage on Salesforce in a research report on Monday, January 12th. They issued a “buy” rating and a $330.00 target price for the company. Cantor Fitzgerald restated an “overweight” rating on shares of Salesforce in a report on Thursday, December 4th. Needham & Company LLC reiterated a “buy” rating and issued a $400.00 target price on shares of Salesforce in a report on Thursday, December 4th. Morgan Stanley decreased their price target on shares of Salesforce from $405.00 to $398.00 and set an “overweight” rating for the company in a research note on Tuesday, December 9th. Finally, UBS Group reaffirmed a “neutral” rating and issued a $260.00 price objective on shares of Salesforce in a research note on Thursday, December 4th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $324.51.

Insider Activity at Salesforce

In other news, Director G Mason Morfit bought 96,000 shares of the firm’s stock in a transaction on Friday, December 5th. The stock was acquired at an average cost of $260.58 per share, with a total value of $25,015,680.00. Following the completion of the transaction, the director directly owned 2,994,509 shares of the company’s stock, valued at $780,309,155.22. This represents a 3.31% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Marc Benioff sold 122 shares of the company’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $259.00, for a total value of $31,598.00. Following the transaction, the chief executive officer directly owned 11,911,571 shares in the company, valued at $3,085,096,889. This represents a 0.00% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 138,677 shares of company stock worth $32,566,029 over the last 90 days. Corporate insiders own 3.00% of the company’s stock.

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.