Gibbs Wealth Management Grows Holdings in Salesforce Inc. $CRM

Key Points

• Gibbs Wealth Management increased its stake in Salesforce by 142.2% in Q4, buying 3,215 shares to hold 5,476 shares valued at about $1.423 million.
• Salesforce beat quarterly expectations with $3.81 EPS versus $3.05 estimated and $11.20 billion in revenue, and set FY2027 guidance at 13.110–13.190 EPS (Q1 2027: 3.110–3.130 EPS).
• The company raised its quarterly dividend to $0.44 and authorized a $25 billion share repurchase plan (up to ~14.1% of shares), while analysts maintain a consensus "Moderate Buy" despite a steep YTD decline.

Gibbs Wealth Management raised its position in Salesforce Inc. (NYSE:CRM - Free Report) by 142.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 5,476 shares of the CRM provider's stock after buying an additional 3,215 shares during the period. Gibbs Wealth Management's holdings in Salesforce were worth $1,423,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Aspire Growth Partners LLC increased its holdings in Salesforce by 1.2% in the third quarter. Aspire Growth Partners LLC now owns 3,355 shares of the CRM provider's stock valued at $795,000 after buying an additional 39 shares in the last quarter. Abacus Planning Group Inc. increased its holdings in Salesforce by 3.1% in the third quarter. Abacus Planning Group Inc. now owns 1,420 shares of the CRM provider's stock valued at $337,000 after buying an additional 43 shares in the last quarter. Byrne Asset Management LLC increased its holdings in Salesforce by 1.0% in the fourth quarter. Byrne Asset Management LLC now owns 4,331 shares of the CRM provider's stock valued at $1,147,000 after buying an additional 43 shares in the last quarter. Code Waechter LLC increased its holdings in Salesforce by 5.3% in the third quarter. Code Waechter LLC now owns 871 shares of the CRM provider's stock valued at $209,000 after buying an additional 44 shares in the last quarter. Finally, Capital A Wealth Management LLC increased its holdings in Salesforce by 40.9% in the second quarter. Capital A Wealth Management LLC now owns 155 shares of the CRM provider's stock valued at $41,000 after buying an additional 45 shares in the last quarter. Hedge funds and other institutional investors own 80.43% of the company's stock.

Salesforce Stock Performance

CRM opened at $164.99 on Friday. The firm has a market capitalization of $152.29 billion, a PE ratio of 21.13, a PEG ratio of 1.24 and a beta of 1.29. Salesforce Inc. has a twelve month low of $163.52 and a twelve month high of $296.05. The firm's 50-day moving average price is $189.91 and its 200 day moving average price is $226.46. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.18.

Salesforce (NYSE:CRM - Get Free Report) last posted its quarterly earnings results on Wednesday, February 25th. The CRM provider reported $3.81 earnings per share for the quarter, topping analysts' consensus estimates of $3.05 by $0.76. The firm had revenue of $11.20 billion for the quarter, compared to analyst estimates of $11.18 billion. Salesforce had a net margin of 17.96% and a return on equity of 15.38%. Salesforce's quarterly revenue was up 12.1% on a year-over-year basis. During the same period in the previous year, the business posted $2.78 earnings per share. Salesforce has set its FY 2027 guidance at 13.110-13.190 EPS and its Q1 2027 guidance at 3.110-3.130 EPS. As a group, sell-side analysts expect that Salesforce Inc. will post 7.46 EPS for the current fiscal year.

Salesforce Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 23rd. Investors of record on Thursday, April 9th will be given a dividend of $0.44 per share. The ex-dividend date is Thursday, April 9th. This is a boost from Salesforce's previous quarterly dividend of $0.42. This represents a $1.76 dividend on an annualized basis and a yield of 1.1%. Salesforce's dividend payout ratio (DPR) is presently 22.54%.

Salesforce declared that its board has authorized a stock repurchase plan on Monday, March 16th that permits the company to repurchase $25.00 billion in outstanding shares. This repurchase authorization permits the CRM provider to purchase up to 14.1% of its stock through open market purchases. Stock repurchase plans are often a sign that the company's board of directors believes its stock is undervalued.

Analyst Ratings Changes

Several brokerages have recently issued reports on CRM. Roth Mkm dropped their target price on shares of Salesforce from $395.00 to $325.00 and set a "buy" rating on the stock in a research report on Thursday, February 26th. Piper Sandler reiterated an "overweight" rating and issued a $250.00 target price (down from $280.00) on shares of Salesforce in a research report on Thursday, February 26th. Truist Financial set a $280.00 target price on shares of Salesforce in a research report on Thursday, February 26th. Royal Bank Of Canada dropped their target price on shares of Salesforce from $290.00 to $210.00 and set a "sector perform" rating on the stock in a research report on Thursday, February 26th. Finally, Cantor Fitzgerald reiterated an "overweight" rating on shares of Salesforce in a research report on Thursday, February 26th. One analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $280.21.

Salesforce News Summary

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Strong underlying fundamentals: recent coverage highlights Salesforce's trailing‑12‑month revenue (~$41.5B), solid profitability (77.6% gross margin, ~13.9% profit margin), nearly $15B operating cash flow and $7.8 diluted EPS — all arguments that the company’s core business can justify a higher multiple over time. Salesforce Stock Is Dropping Today: What's Going On?
• Positive Sentiment: Ecosystem wins / product integrations: Redpanda’s new real‑time, bidirectional connectors to Salesforce position CRM more as a central data hub — a feature that can increase platform stickiness and justify long‑term value capture. Salesforce Connectors From Redpanda Put Focus On CRM Valuation Gap
• Neutral Sentiment: Options activity signaling volatility: recent options flow has drawn attention — heightened options interest can presage larger moves (up or down) around earnings, product news or macro catalysts but is not a directional confirmation on its own. Is the Options Market Predicting a Spike in Salesforce Stock?
• Neutral Sentiment: Valuation debate / buy/hold view: some analysts note CRM is down sharply YTD (~35%) and argue the pullback plus ongoing AI adoption and improving growth make it a hold at current prices — this frames the decline as a potential buying opportunity for longer‑term investors. Salesforce Plunges 35% YTD: Should You Buy, Sell or Hold the Stock?
• Negative Sentiment: Sector shock from new AI models: reports about Anthropic’s latest model and broader headlines have sparked a selloff across software stocks, pressuring CRM as investors rotate toward AI infrastructure and hardware beneficiaries. Anthropic's Latest AI Model Sends a Shockwave Through Software Stocks
• Negative Sentiment: Macro/strategy commentary: high‑profile commentary (e.g., Jim Cramer) indicates a renewed “buy hardware, sell software” rotation, which can keep downward pressure on valuation multiples for large software vendors like Salesforce. Cramer explains the divergence in tech stocks – and why software may continue to lag
• Negative Sentiment: Stock price technical and momentum concerns: coverage noting three‑year lows and a steep YTD decline highlight momentum weakness that can perpetuate selling until clearer positive catalysts emerge. Salesforce stock just crashed to 3-year lows; Here's why
• Negative Sentiment: Competitive/product signals: items about alternatives (e.g., Slackbot as a CRM interface) and specialized Salesforce‑based solutions could be read as both ecosystem expansion and potential competitive friction for certain use cases. Slack instead of Salesforce: Slackbot becomes CRM interface

Insider Buying and Selling

In other Salesforce news, Director Neelie Kroes sold 3,893 shares of the business's stock in a transaction dated Wednesday, January 14th. The shares were sold at an average price of $238.70, for a total value of $929,259.10. Following the transaction, the director directly owned 7,299 shares in the company, valued at $1,742,271.30. The trade was a 34.78% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director David Blair Kirk bought 2,570 shares of the firm's stock in a transaction on Wednesday, March 18th. The stock was purchased at an average price of $194.62 per share, for a total transaction of $500,173.40. Following the completion of the acquisition, the director directly owned 13,689 shares in the company, valued at $2,664,153.18. The trade was a 23.11% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 3.00% of the stock is currently owned by company insiders.

Salesforce 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.

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