Salesforce Inc. $CRM Holdings Decreased by Reynders McVeigh Capital Management LLC

Key Points

• Reynders McVeigh Capital Management trimmed its stake in Salesforce by 19.4%, selling 23,824 shares and leaving it with 98,991 shares valued at about $26.22 million (1.2% of the firm's portfolio).
• Salesforce beat expectations for the quarter with $3.81 EPS vs. $3.05 expected and $11.20 billion in revenue (up 12.1% YoY), and its board authorized a $25 billion share buyback (about 14.1% of outstanding shares).
• The company raised its quarterly dividend to $0.44 ($1.76 annual, ~1.0% yield) and saw insider buying (directors purchased roughly 2,570 shares each), signaling management confidence despite some institutional trimming.

Reynders McVeigh Capital Management LLC reduced its stake in shares of Salesforce Inc. (NYSE:CRM - Free Report) by 19.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 98,991 shares of the CRM provider's stock after selling 23,824 shares during the quarter. Salesforce comprises about 1.2% of Reynders McVeigh Capital Management LLC's investment portfolio, making the stock its 25th largest holding. Reynders McVeigh Capital Management LLC's holdings in Salesforce were worth $26,224,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Marquette Asset Management LLC acquired a new position in Salesforce during the third quarter worth about $26,000. Board of the Pension Protection Fund acquired a new position in Salesforce during the fourth quarter worth about $26,000. Key Capital Management INC acquired a new position in Salesforce during the fourth quarter worth about $26,000. Legacy Bridge LLC acquired a new position in Salesforce during the fourth quarter worth about $27,000. Finally, Texas Capital Bancshares Inc TX acquired a new position in Salesforce during the third quarter worth about $28,000. 80.43% of the stock is owned by institutional investors and hedge funds.

Salesforce Trading Up 0.1%

Shares of CRM opened at $183.98 on Monday. The business's 50-day moving average price is $186.67 and its 200 day moving average price is $220.11. The stock has a market capitalization of $150.54 billion, a P/E ratio of 23.56, a P/E/G ratio of 1.28 and a beta of 1.14. Salesforce Inc. has a 1-year low of $163.52 and a 1-year high of $296.05. 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 issued 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 analysts' expectations of $11.18 billion. Salesforce had a return on equity of 15.38% and a net margin of 17.96%.Salesforce's revenue was up 12.1% on a year-over-year basis. During the same quarter last year, the business posted $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 expect that Salesforce Inc. will post 9.71 earnings per share for the current year.

Salesforce declared that its board has authorized a stock buyback plan on Monday, March 16th that allows the company to buyback $25.00 billion in outstanding shares. This buyback authorization allows the CRM provider to reacquire up to 14.1% of its shares through open market purchases. Shares buyback plans are generally an indication that the company's board of directors believes its stock is undervalued.

Salesforce Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, April 23rd. Investors of record on Thursday, April 9th were paid a $0.44 dividend. The ex-dividend date of this dividend was Thursday, April 9th. This represents a $1.76 dividend on an annualized basis and a yield of 1.0%. This is an increase from Salesforce's previous quarterly dividend of $0.42. Salesforce's dividend payout ratio (DPR) is 22.54%.

Insider Transactions at Salesforce

In other Salesforce news, Director David Blair Kirk bought 2,570 shares of the stock in a transaction on Wednesday, March 18th. The shares were bought at an average price of $194.62 per share, with a total value of $500,173.40. Following the purchase, 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 position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Laura Alber bought 2,571 shares of the stock in a transaction on Thursday, March 19th. The shares were acquired at an average cost of $194.58 per share, for a total transaction of $500,265.18. Following the purchase, the director owned 9,530 shares in the company, valued at approximately $1,854,347.40. This represents a 36.94% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Company insiders own 3.00% of the company's stock.

Key Headlines Impacting Salesforce

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Launched Agentforce Operations to fix agent workflow failures — Salesforce unveiled Agentforce Operations to orchestrate and harden the workflows that break enterprise AI agents, addressing a core scalability and reliability issue for customers. This product move directly targets enterprise demand for reliable AI automation and can improve retention and upsell. Salesforce launches Agentforce Operations to fix the workflows breaking enterprise AI
• Positive Sentiment: Big AI hiring push and deeper ecosystem bets — Salesforce announced a program to recruit 1,000 new graduates into AI roles and is expanding partner bets (notably a deeper Google Cloud tie-up and an early Anthropic investment). Those moves bolster execution capacity and give Salesforce access to third‑party models/compute, supporting its positioning as an AI-first workflow platform. Salesforce Restructures As AI Hiring Drive And Partnerships Test Valuation
• Positive Sentiment: Crowdsourcing AI roadmap with customers — Salesforce is inviting customers into its AI roadmap process, which can accelerate product-market fit, shorten feedback loops, and lower execution risk for new AI features. That helps protect long‑term revenue trajectories as the company embeds AI into core CRM workflows. Salesforce is crowdsourcing its AI roadmap — with customers
• Positive Sentiment: AI being embedded across CRM workflows (industry validation) — Coverage noting Salesforce and Microsoft pushing AI deeper into CRM workflows signals broad market adoption and competitive validation of Salesforce’s strategy. That supports recurring revenue growth if customers adopt agentized workflows at scale. Salesforce and Microsoft push AI deeper into CRM workflows
• Neutral Sentiment: Wall‑street/sector context — Morgan Stanley remains bullish on select SaaS names amid the broader software pullback; this helps sector sentiment but is not an immediate company‑specific catalyst. Why is Morgan Stanley bullish on 2 SaaS stocks everyone sold?
• Neutral Sentiment: Antitrust/legal action around Slack vs Microsoft — Salesforce’s Slack unit has sued Microsoft in London alleging anticompetitive behavior; legal outcomes are uncertain and timing is long‑dated, so immediate revenue impact is unclear. Salesforce (CRM) Stock In Focus After Slack Targets Microsoft In Court
• Negative Sentiment: Organizational restructuring and workforce reductions — Salesforce is reorganizing with leadership changes and some reductions even as it hires for AI roles; layoffs and exec churn raise short‑term execution and morale risk. Salesforce Restructures As AI Hiring Drive And Partnerships Test Valuation
• Negative Sentiment: Recent short‑term weakness — reporting showed a recent close decline (~‑2.6% in a prior session), highlighting near‑term volatility as investors debate AI execution vs. valuation. Salesforce (CRM) Stock Sinks As Market Gains: Here's Why

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. Wall Street Zen lowered Salesforce from a "buy" rating to a "hold" rating in a report on Saturday, April 18th. DA Davidson lowered their target price on Salesforce from $235.00 to $200.00 and set a "neutral" rating on the stock in a report on Friday, February 27th. JPMorgan Chase & Co. lowered their target price on Salesforce from $365.00 to $320.00 and set an "overweight" rating on the stock in a report on Thursday, February 26th. Needham & Company LLC reaffirmed a "buy" rating and set a $400.00 target price on shares of Salesforce in a report on Thursday, February 26th. Finally, Mizuho lowered their target price on Salesforce from $280.00 to $265.00 and set an "outperform" rating on the stock in a report on Thursday, February 26th. One research analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, Salesforce presently has a consensus rating of "Moderate Buy" and a consensus target price of $279.18.

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.

Want to see what other hedge funds are holding CRM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Salesforce Inc. (NYSE:CRM - Free Report).

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.