Sienna Gestion Has $12.13 Million Holdings in Salesforce Inc. $CRM

Key Points

• Sienna Gestion boosted its stake in Salesforce by 10.6% in Q2 to 48,728 shares — valued at about $12.13 million and representing ~0.8% of its portfolio (its 26th-largest holding).
• Wall Street consensus is a Moderate Buy (25 Buys, 13 Holds, 1 Sell) with a mean price target of $325.23.
• Company insiders have sold 76,622 shares (~$18.86 million) over the past three months — including CEO Marc Benioff's recent sale of 122 shares — while institutional investors hold about 80.43% of the stock.

Sienna Gestion boosted its position in Salesforce Inc. (NYSE:CRM - Free Report) by 10.6% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 48,728 shares of the CRM provider's stock after purchasing an additional 4,653 shares during the period. Salesforce accounts for about 0.8% of Sienna Gestion's portfolio, making the stock its 26th biggest holding. Sienna Gestion's holdings in Salesforce were worth $12,131,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of CRM. Painted Porch Advisors LLC increased its stake in shares of Salesforce by 260.0% in the second quarter. Painted Porch Advisors LLC now owns 90 shares of the CRM provider's stock valued at $25,000 after buying an additional 65 shares during the period. Capital A Wealth Management LLC increased its stake in shares of Salesforce by 450.0% in the first quarter. Capital A Wealth Management LLC now owns 110 shares of the CRM provider's stock valued at $30,000 after buying an additional 90 shares during the period. CBIZ Investment Advisory Services LLC increased its position in Salesforce by 314.8% in the 1st quarter. CBIZ Investment Advisory Services LLC now owns 112 shares of the CRM provider's stock valued at $30,000 after acquiring an additional 85 shares during the period. Christopher J. Hasenberg Inc increased its position in Salesforce by 383.3% in the 2nd quarter. Christopher J. Hasenberg Inc now owns 116 shares of the CRM provider's stock valued at $32,000 after acquiring an additional 92 shares during the period. Finally, Maseco LLP acquired a new position in Salesforce in the 2nd quarter valued at approximately $34,000. Institutional investors and hedge funds own 80.43% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on CRM. Cantor Fitzgerald restated an "overweight" rating and issued a $325.00 price target on shares of Salesforce in a research report on Thursday, October 16th. Macquarie restated a "neutral" rating and issued a $250.00 price objective on shares of Salesforce in a report on Thursday, October 16th. Wall Street Zen raised Salesforce from a "hold" rating to a "buy" rating in a research note on Saturday, October 11th. Royal Bank Of Canada decreased their price target on Salesforce from $275.00 to $250.00 and set a "sector perform" rating for the company in a research note on Thursday, September 4th. Finally, Northland Securities cut 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. Twenty-five research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Salesforce has a consensus rating of "Moderate Buy" and a consensus target price of $325.23.

Insider Transactions at Salesforce

In related news, CEO Marc Benioff sold 122 shares of Salesforce stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $259.00, for a total value of $31,598.00. Following the completion of the sale, the chief executive officer owned 11,911,571 shares of the company's stock, valued at approximately $3,085,096,889. This trade represents a 0.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Over the last three months, insiders have sold 76,622 shares of company stock valued at $18,858,631. Company insiders own 3.00% of the company's stock.

Salesforce Trading Down 0.6%

NYSE CRM opened at $252.82 on Thursday. The business has a 50 day simple moving average of $248.05 and a 200 day simple moving average of $258.26. Salesforce Inc. has a one year low of $226.48 and a one year high of $369.00. The stock has a market capitalization of $240.68 billion, a P/E ratio of 36.75, a P/E/G ratio of 2.11 and a beta of 1.19. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.12 and a quick ratio of 1.12.

Salesforce (NYSE:CRM - Get Free Report) last announced its quarterly earnings data on Wednesday, September 3rd. The CRM provider reported $2.91 EPS for the quarter, topping the consensus estimate of $2.78 by $0.13. The company had revenue of $10.24 billion during the quarter, compared to the consensus estimate of $10.14 billion. Salesforce had a net margin of 16.87% and a return on equity of 13.27%. The company's quarterly revenue was up 9.8% on a year-over-year basis. During the same quarter last year, the firm posted $2.56 EPS. Salesforce has set its FY 2026 guidance at 11.330-11.370 EPS. Q3 2026 guidance at 2.840-2.860 EPS. Research analysts expect that Salesforce Inc. will post 7.46 earnings per share for the current year.

Salesforce Dividend Announcement

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

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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