Salesforce Inc. $CRM Shares Purchased by Envestnet Portfolio Solutions Inc.

Key Points

• Envestnet Portfolio Solutions increased its Salesforce stake by 11.9% in the second quarter, bringing its holdings to 43,398 shares valued at approximately $6.79 million. Institutional investors collectively own 80.43% of Salesforce.
• Salesforce reported quarterly earnings of $5.90 per share, well above the $3.27 analyst consensus, while revenue rose 10.8% year over year to $11.35 billion. The company also announced a quarterly dividend of $0.44 per share, or $1.76 annualized.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and a $275.14 price target, although views are mixed. Investors remain focused on whether AI products such as Agentforce can accelerate growth, while reported Agentforce vulnerabilities present a potential risk.

Envestnet Portfolio Solutions Inc. increased its position in shares of Salesforce Inc. (NYSE:CRM - Free Report) by 11.9% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 43,398 shares of the CRM provider's stock after buying an additional 4,618 shares during the quarter. Envestnet Portfolio Solutions Inc.'s holdings in Salesforce were worth $6,790,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Commonwealth Retirement Investments LLC acquired a new stake in Salesforce during the 4th quarter worth $25,000. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in shares of Salesforce in the fourth quarter valued at about $34,000. Godfrey Financial Associates Inc. acquired a new stake in shares of Salesforce during the fourth quarter worth about $36,000. Abound Financial LLC acquired a new stake in shares of Salesforce during the fourth quarter worth about $38,000. Finally, Costello Asset Management INC grew its holdings in shares of Salesforce by 410.3% during the first quarter. Costello Asset Management INC now owns 148 shares of the CRM provider's stock worth $28,000 after buying an additional 119 shares during the last quarter. Hedge funds and other institutional investors own 80.43% of the company's stock.

Salesforce Stock Performance

Shares of CRM stock opened at $238.55 on Friday. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 1.02. The stock has a 50 day simple moving average of $214.26 and a 200-day simple moving average of $190.30. The company has a market cap of $196.33 billion, a price-to-earnings ratio of 21.75, a price-to-earnings-growth ratio of 1.07 and a beta of 1.20. Salesforce Inc. has a 12-month low of $146.32 and a 12-month high of $269.11.

Salesforce (NYSE:CRM - Get Free Report) last posted its quarterly earnings results on Wednesday, August 26th. The CRM provider reported $5.90 earnings per share for the quarter, beating analysts' consensus estimates of $3.27 by $2.63. The firm had revenue of $11.35 billion for the quarter, compared to the consensus estimate of $11.33 billion. Salesforce had a return on equity of 24.90% and a net margin of 21.99%.The company's revenue for the quarter was up 10.8% compared to the same quarter last year. During the same period in the previous year, the business earned $2.91 earnings per share. Salesforce has set its FY 2027 guidance at 16.670-16.710 EPS and its Q3 2027 guidance at 3.420-3.440 EPS. On average, equities analysts forecast that Salesforce Inc. will post 12.82 EPS for the current year.

Salesforce Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 8th. Shareholders of record on Thursday, September 17th will be issued a $0.44 dividend. The ex-dividend date of this dividend is Thursday, September 17th. This represents a $1.76 dividend on an annualized basis and a yield of 0.7%. Salesforce's dividend payout ratio (DPR) is 16.04%.

Analyst Ratings Changes

Several analysts have commented on CRM shares. HC Wainwright downgraded Salesforce to a "negative" rating in a research note on Thursday, June 18th. Stephens reiterated an "equal weight" rating and issued a $289.00 target price on shares of Salesforce in a research note on Friday, September 18th. JPMorgan Chase & Co. boosted their target price on Salesforce from $250.00 to $265.00 and gave the company an "overweight" rating in a report on Thursday, August 27th. Piper Sandler cut Salesforce from an "overweight" rating to a "neutral" rating in a research note on Thursday, May 28th. Finally, Roth Capital reaffirmed a "buy" rating and set a $325.00 price target on shares of Salesforce in a report on Thursday, May 28th. Three analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating, fourteen have assigned a Hold rating and three have issued a Sell rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $275.14.

Salesforce News Summary

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Jefferies reaffirmed its “buy” rating, supporting the bullish view that Salesforce’s recent AI investments can drive a recovery in growth and valuation.
• Positive Sentiment: At Dreamforce 2026, Salesforce introduced AIforce, an open and provider-agnostic AI layer designed to connect Agentforce, Data Cloud 360, AWS, Google Cloud and other partner ecosystems. Investors may view this as strengthening Salesforce’s role as an enterprise AI platform and improving its ability to monetize AI products. Can Salesforce’s New AIforce Layer Deepen Its Ecosystem Moat and Monetization Story for CRM?
• Positive Sentiment: Wells Fargo raised its price target and highlighted strong customer interest in Agentforce. The firm’s bullish case depends on Agentforce reaching approximately $1.5 billion in annual recurring revenue and helping reaccelerate Salesforce’s growth. Wells Fargo Raises Salesforce’s Price Target
• Neutral Sentiment: The stock recently broke a six-session losing streak and has substantially outperformed the broader market over the past three months, indicating improving momentum but also raising expectations for continued AI execution. Salesforce Shares Break Six-Session Losing Streak
• Negative Sentiment: Zenity Labs reported three Agentforce vulnerabilities, dubbed “SalesBleed,” that could enable zero-click CRM data theft and AI-agent impersonation. Any confirmed exposure could increase customer concerns, remediation costs and regulatory risk. Zenity Labs Uncovers SalesBleed
• Negative Sentiment: Commentary continues to question whether Salesforce’s AI products can generate meaningful revenue quickly enough to offset pressure on its traditional seat-based software model. This leaves the stock sensitive to evidence that AI is accelerating growth rather than disrupting the core business. What Is Salesforce No Longer Telling You?

Insider Buying and Selling

In related news, Director Craig Conway sold 4,500 shares of the firm's stock in a transaction that occurred on Friday, September 4th. The stock was sold at an average price of $260.61, for a total value of $1,172,745.00. Following the completion of the transaction, the director directly owned 5,437 shares of the company's stock, valued at $1,416,936.57. This trade represents a 45.29% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director David Blair Kirk acquired 4,176 shares of Salesforce stock in a transaction that occurred on Friday, September 18th. The shares were purchased at an average cost of $239.33 per share, with a total value of $999,442.08. Following the completion of the acquisition, the director owned 18,748 shares of the company's stock, valued at $4,486,958.84. The trade was a 28.66% increase in their position. The disclosure for this purchase is available in the SEC filing. 3.50% of the stock is currently owned by company insiders.

Salesforce Company Profile

Salesforce, Inc is a cloud-based software company that provides customer relationship management (CRM) technology and related enterprise applications. Its platform helps organizations manage sales, customer service, marketing, commerce, data analytics and business operations through subscription-based software and cloud services.

The company's product portfolio includes Sales Cloud, Service Cloud, Marketing Cloud, Commerce Cloud, Data Cloud and the Salesforce Platform. Salesforce also offers Slack for workplace collaboration, Tableau for data visualization and analytics, MuleSoft for application integration, and artificial intelligence capabilities, including its Agentforce platform for building and deploying AI agents.

Founded in 1999, Salesforce is headquartered in San Francisco, California, and serves businesses and organizations across a broad range of industries and geographic markets worldwide.

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