Brian Low Financial Group LLC Invests $1.19 Million in Salesforce Inc. $CRM

Key Points

• Brian Low Financial Group LLC invested approximately $1.19 million in Salesforce Inc., purchasing 4,378 shares, which now represents 1.1% of their total holdings.
• Salesforce reported $2.91 EPS for the last quarter, exceeding analysts' expectations of $2.78, and showed a 9.8% year-over-year revenue increase.
• The company also declared a quarterly dividend of $0.416 per share, reflecting an annualized yield of 0.7% and a payout ratio of 24.13%.

Brian Low Financial Group LLC purchased a new stake in shares of Salesforce Inc. (NYSE:CRM - Free Report) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 4,378 shares of the CRM provider's stock, valued at approximately $1,194,000. Salesforce comprises approximately 1.1% of Brian Low Financial Group LLC's holdings, making the stock its 18th biggest position.

Several other institutional investors also recently modified their holdings of the business. Painted Porch Advisors LLC boosted its holdings in shares of Salesforce by 260.0% during the 2nd quarter. Painted Porch Advisors LLC now owns 90 shares of the CRM provider's stock valued at $25,000 after acquiring an additional 65 shares during the last quarter. Capital A Wealth Management LLC boosted its holdings in Salesforce by 450.0% in the first quarter. Capital A Wealth Management LLC now owns 110 shares of the CRM provider's stock worth $30,000 after purchasing an additional 90 shares during the last quarter. CBIZ Investment Advisory Services LLC grew its position in Salesforce by 314.8% in the 1st quarter. CBIZ Investment Advisory Services LLC now owns 112 shares of the CRM provider's stock worth $30,000 after purchasing an additional 85 shares during the period. Abound Financial LLC purchased a new stake in Salesforce during the 1st quarter valued at $31,000. Finally, Christopher J. Hasenberg Inc raised its stake in Salesforce by 383.3% during the 2nd quarter. Christopher J. Hasenberg Inc now owns 116 shares of the CRM provider's stock valued at $32,000 after buying an additional 92 shares during the last quarter. 80.43% of the stock is owned by hedge funds and other institutional investors.

Salesforce Stock Performance

CRM opened at $254.93 on Friday. The firm has a market cap of $242.69 billion, a P/E ratio of 37.05, a PEG ratio of 2.14 and a beta of 1.19. Salesforce Inc. has a 1-year low of $226.48 and a 1-year high of $369.00. The company has a 50 day simple moving average of $246.53 and a two-hundred day simple moving average of $258.07. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.12 and a quick ratio of 1.12.

Salesforce (NYSE:CRM - Get Free Report) last released its earnings results on Wednesday, September 3rd. The CRM provider reported $2.91 earnings per share for the quarter, beating analysts' consensus estimates of $2.78 by $0.13. Salesforce had a net margin of 16.87% and a return on equity of 13.27%. The company had revenue of $10.24 billion for the quarter, compared to analysts' expectations of $10.14 billion. During the same quarter in the previous year, the company earned $2.56 EPS. Salesforce's revenue for the quarter was up 9.8% on a year-over-year basis. Salesforce has set its FY 2026 guidance at 11.330-11.370 EPS. Q3 2026 guidance at 2.840-2.860 EPS. Equities analysts forecast that Salesforce Inc. will post 7.46 earnings per share for the current fiscal year.

Salesforce Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 9th. Investors of record on Wednesday, September 17th were paid a dividend of $0.416 per share. This represents a $1.66 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Wednesday, September 17th. Salesforce's dividend payout ratio (DPR) is 24.13%.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the company. Morgan Stanley increased their target price on Salesforce from $404.00 to $405.00 and gave the company an "overweight" rating in a report on Tuesday, September 2nd. Sanford C. Bernstein reduced their price target on shares of Salesforce from $255.00 to $221.00 and set an "underperform" rating for the company in a research report on Thursday, September 4th. Roth Capital reissued a "buy" rating and issued a $395.00 price objective on shares of Salesforce in a report on Thursday, September 4th. Citigroup boosted their target price on shares of Salesforce from $275.00 to $276.00 and gave the company a "neutral" rating in a research report on Tuesday, September 9th. Finally, BMO Capital Markets decreased their price target on shares of Salesforce from $335.00 to $280.00 and set an "outperform" rating on the stock in a research report on Thursday, September 4th. 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. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $325.23.

Insider Buying and Selling

In related news, Director David Blair Kirk bought 3,400 shares of the business's stock in a transaction that occurred on Tuesday, September 9th. The stock was bought at an average cost of $254.66 per share, with a total value of $865,844.00. Following the completion of the purchase, the director owned 3,824 shares of the company's stock, valued at approximately $973,819.84. The trade was a 801.89% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Marc Benioff sold 2,250 shares of Salesforce stock in a transaction on Wednesday, August 20th. The shares were sold at an average price of $246.07, for a total transaction of $553,657.50. Following the completion of the sale, the chief executive officer owned 11,911,571 shares in the company, valued at approximately $2,931,080,275.97. This represents a 0.02% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 78,750 shares of company stock worth $19,424,880. 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.

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