Eagle Wealth Advisors LLC Invests $903,000 in Salesforce Inc. $CRM

Key Points

• Eagle Wealth Advisors LLC bought a new position of 3,403 Salesforce shares valued at about $903,000, making CRM roughly 0.8% of its holdings and its 26th-largest position.
• Salesforce beat quarterly expectations with $3.81 EPS vs. $3.05 consensus and $11.20B revenue (+12.1% YoY), and announced a $25.0 billion stock buyback while raising its quarterly dividend to $0.44 per share.
• While several analysts have trimmed price targets, the consensus rating is a "Moderate Buy" with a $279.18 target; insiders also purchased shares and institutional investors own about 80.4% of the stock.

Eagle Wealth Advisors LLC purchased a new position in shares of Salesforce Inc. (NYSE:CRM - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,403 shares of the CRM provider's stock, valued at approximately $903,000. Salesforce makes up approximately 0.8% of Eagle Wealth Advisors LLC's holdings, making the stock its 26th biggest holding.

Several other institutional investors have also bought and sold shares of CRM. Marquette Asset Management LLC bought a new stake in Salesforce during the third quarter worth $26,000. Board of the Pension Protection Fund bought a new stake in Salesforce during the fourth quarter worth $26,000. Key Capital Management INC bought a new stake in Salesforce during the fourth quarter worth $26,000. Legacy Bridge LLC bought a new stake in Salesforce during the fourth quarter worth $27,000. Finally, Texas Capital Bancshares Inc TX bought a new stake in Salesforce during the third quarter worth $28,000. Institutional investors own 80.43% of the company's stock.

Salesforce Stock Up 0.1%

Shares of NYSE:CRM opened at $178.31 on Monday. The company has a market capitalization of $145.89 billion, a PE ratio of 22.83, a price-to-earnings-growth ratio of 1.30 and a beta of 1.29. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.76 and a quick ratio of 0.76. The business has a fifty day moving average price of $187.22 and a two-hundred day moving average price of $221.92. Salesforce Inc. has a 1 year low of $163.52 and a 1 year high of $296.05.

Salesforce (NYSE:CRM - Get Free Report) last announced its quarterly earnings data on Wednesday, February 25th. The CRM provider reported $3.81 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.05 by $0.76. The firm had revenue of $11.20 billion during the quarter, compared to the consensus estimate of $11.18 billion. Salesforce had a return on equity of 15.38% and a net margin of 17.96%.The business's revenue for the quarter was up 12.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.78 EPS. Salesforce has set its FY 2027 guidance at 13.110-13.190 EPS and its Q1 2027 guidance at 3.110-3.130 EPS. Analysts forecast that Salesforce Inc. will post 9.71 earnings per share for the current year.

Salesforce Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, April 23rd. Stockholders of record on Thursday, April 9th were paid a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Thursday, April 9th. This is a positive change from Salesforce's previous quarterly dividend of $0.42. Salesforce's dividend payout ratio is currently 22.54%.

Salesforce declared that its board has authorized a stock repurchase program on Monday, March 16th that permits the company to buyback $25.00 billion in shares. This buyback authorization permits the CRM provider to reacquire up to 14.1% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's board believes its shares are undervalued.

Analyst Ratings Changes

CRM has been the subject of several recent research reports. Roth Mkm decreased their price target on Salesforce from $395.00 to $325.00 and set a "buy" rating for the company in a report on Thursday, February 26th. Sanford C. Bernstein decreased their price target on Salesforce from $223.00 to $194.00 and set an "underperform" rating for the company in a report on Thursday, February 26th. BMO Capital Markets decreased their price target on Salesforce from $235.00 to $225.00 and set an "outperform" rating for the company in a report on Thursday, February 26th. BTIG Research reiterated a "buy" rating and set a $255.00 price target on shares of Salesforce in a report on Friday, April 17th. Finally, JPMorgan Chase & Co. decreased their price target on Salesforce from $365.00 to $320.00 and set an "overweight" rating for the company in a report on Thursday, February 26th. One analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $279.18.

Insider Buying and Selling at Salesforce

In other news, Director David Blair Kirk purchased 2,570 shares of the business's stock in a transaction dated Wednesday, March 18th. The stock was bought at an average price of $194.62 per share, for a total transaction of $500,173.40. Following the purchase, the director owned 13,689 shares of the company's stock, valued at $2,664,153.18. The trade was a 23.11% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Laura Alber purchased 2,571 shares of the business's stock in a transaction dated Thursday, March 19th. The shares were purchased at an average price of $194.58 per share, with a total value of $500,265.18. Following the purchase, the director directly owned 9,530 shares in the company, valued at $1,854,347.40. This trade represents a 36.94% increase in their position. The disclosure for this purchase is available in the SEC filing. 3.00% of the stock is currently owned by corporate insiders.

Salesforce News Roundup

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Bull case surfaced summarizing why investors should consider CRM — bullish Substack thesis highlighted valuation and AI upside. Is Salesforce, Inc. (CRM) A Good Stock To Buy Now?
• Positive Sentiment: Zacks reports Agentforce has reached ~$800M ARR with 169% growth, signaling tangible AI-driven revenue momentum that could support future upside. Agentforce Adoption Rises: Can It Be Salesforce's Next Growth Engine?
• Positive Sentiment: Coverage on partnership and capital return chatter (Google collaboration, $25B buyback commentary) reinforces strategic catalysts and management’s optionality on capital allocation. Salesforce (CRM) Stock: Google Partnership, $25B Buyback, and What Analysts Are Saying
• Neutral Sentiment: Comparisons with peers (ServiceNow) highlight valuation differences and competing AI execution — useful for relative‑value decisions but not company‑specific news. Cheap Salesforce Vs. Expensive ServiceNow: Which Stock Is A Better Buy Today?
• Neutral Sentiment: Montaka’s internal assessment coverage provides investor insight into hedge‑fund views but adds nuance rather than immediate directional pressure. Here’s Montaka’s Internal Assessment on Salesforce (CRM)
• Negative Sentiment: Articles warning AI could reduce demand for traditional CRM functions — a thematic risk that has driven some bearish calls and investor caution. Salesforce (CRM) Stock At Significant Risk Of Collapsing Due To AI
• Negative Sentiment: Sector‑wide panic after ServiceNow’s weak guidance pressured enterprise software, triggering steep intraday declines in CRM recently. Salesforce Just Dropped 9% on Sector Panic. Is the Cloud Software King on Sale?
• Negative Sentiment: Piper Sandler trimmed its price target citing rising AI competition in enterprise software — analyst downgrades/cuts can cap near‑term upside. Salesforce, Inc. (CRM) PT Reduced as Piper Sandler Flags Rising AI Competition in Enterprise Software

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.