Shelton Capital Management Grows Stock Holdings in Salesforce Inc. $CRM

Key Points

• Shelton Capital Management increased its stake in Salesforce by 21% in Q2 to 45,055 shares, buying 7,805 shares and holding about $12.29 million worth of stock at quarter-end.
• Salesforce beat Q results with $2.91 EPS vs. $2.78 expected and revenue of $10.24B (up 9.8% YoY), and issued FY2026 EPS guidance of 11.33–11.37 (Q3 guidance 2.84–2.86).
• Analysts are broadly positive with a consensus rating of "Moderate Buy" (25 Buys, 13 Holds, 1 Sell) and a consensus target of $322.86; the stock recently traded near $230.79 with a market cap around $219.7B.

Shelton Capital Management increased its position in Salesforce Inc. (NYSE:CRM - Free Report) by 21.0% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 45,055 shares of the CRM provider's stock after buying an additional 7,805 shares during the period. Shelton Capital Management's holdings in Salesforce were worth $12,286,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Painted Porch Advisors LLC grew its position in shares of Salesforce by 260.0% during the second quarter. Painted Porch Advisors LLC now owns 90 shares of the CRM provider's stock worth $25,000 after purchasing an additional 65 shares in the last quarter. CBIZ Investment Advisory Services LLC boosted its stake 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. Christopher J. Hasenberg Inc grew its holdings 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 in the last quarter. Maseco LLP bought a new stake in shares of Salesforce during the second quarter valued at approximately $34,000. Finally, Quaker Wealth Management LLC raised its position in shares of Salesforce by 208.6% during the second quarter. Quaker Wealth Management LLC now owns 126 shares of the CRM provider's stock valued at $34,000 after buying an additional 242 shares during the last quarter. 80.43% of the stock is owned by institutional investors.

Salesforce Stock Up 1.2%

Shares of CRM opened at $230.79 on Monday. The company has a market cap of $219.71 billion, a PE ratio of 33.55, a P/E/G ratio of 2.11 and a beta of 1.19. The business has a fifty day moving average of $243.45 and a 200 day moving average of $254.01. Salesforce Inc. has a 52-week low of $221.96 and a 52-week high of $369.00. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.14.

Salesforce (NYSE:CRM - Get Free Report) last issued its quarterly earnings results on Wednesday, September 3rd. The CRM provider reported $2.91 EPS for the quarter, beating the consensus estimate 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 the consensus estimate of $10.14 billion. During the same period in the prior year, the firm posted $2.56 EPS. The firm's revenue was up 9.8% compared to the same quarter last year. Salesforce has set its FY 2026 guidance at 11.330-11.370 EPS. Q3 2026 guidance at 2.840-2.860 EPS. On average, sell-side analysts expect that Salesforce Inc. will post 7.46 EPS for the current year.

Salesforce Announces Dividend

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

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on CRM. Stifel Nicolaus cut their target price on shares of Salesforce from $325.00 to $300.00 and set a "buy" rating for the company in a research note on Thursday, October 9th. Royal Bank Of Canada cut their price objective on Salesforce from $275.00 to $250.00 and set a "sector perform" rating for the company in a research report on Thursday, September 4th. Wedbush reiterated an "outperform" rating and issued a $375.00 target price on shares of Salesforce in a research report on Thursday, October 16th. Northland Securities lowered Salesforce from an "outperform" rating to a "market perform" rating and set a $264.00 price target for the company. in a research note on Tuesday, October 14th. Finally, Weiss Ratings restated a "hold (c+)" rating on shares of Salesforce in a report on Monday, November 24th. Twenty-five investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $322.86.

Insider Activity

In other Salesforce news, Director David Blair Kirk acquired 3,400 shares of the business's stock in a transaction that occurred on Tuesday, September 9th. The shares were bought at an average cost of $254.66 per share, with a total value of $865,844.00. Following the completion of the acquisition, the director directly owned 3,824 shares in the company, valued at $973,819.84. This represents a 801.89% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Marc Benioff sold 2,250 shares of the company's stock in a transaction on Friday, September 26th. The stock was sold at an average price of $242.91, for a total value of $546,547.50. Following the sale, the chief executive officer owned 11,911,571 shares of the company's stock, valued at approximately $2,893,439,711.61. This represents a 0.02% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 54,122 shares of company stock worth $13,367,438. 3.00% of the stock is owned by company insiders.

About Salesforce

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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