Arlington Trust Co LLC Raises Stock Holdings in Salesforce Inc. (NYSE:CRM)

02 Jul 2025, 14:34 by Amy Steele · The Cerbat Gem

Arlington Trust Co LLC raised its holdings in Salesforce Inc. (NYSE:CRM – Free Report) by 481.6% during the 1st quarter, Holdings Channel reports. The firm owned 506 shares of the CRM provider’s stock after buying an additional 419 shares during the quarter. Arlington Trust Co LLC’s holdings in Salesforce were worth $136,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Geode Capital Management LLC increased its holdings in Salesforce by 0.9% in the 4th quarter. Geode Capital Management LLC now owns 19,955,353 shares of the CRM provider’s stock worth $6,656,078,000 after acquiring an additional 175,035 shares in the last quarter. Northern Trust Corp boosted its position in Salesforce by 18.3% during the fourth quarter. Northern Trust Corp now owns 11,224,927 shares of the CRM provider’s stock worth $3,752,830,000 after acquiring an additional 1,736,667 shares during the last quarter. Norges Bank acquired a new position in shares of Salesforce during the 4th quarter worth approximately $3,599,867,000. Price T Rowe Associates Inc. MD grew its holdings in Salesforce by 23.2% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 8,938,536 shares of the CRM provider’s stock valued at $2,988,422,000 after buying an additional 1,683,233 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Salesforce by 7.5% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 8,658,132 shares of the CRM provider’s stock worth $2,894,673,000 after purchasing an additional 602,445 shares during the last quarter. 80.43% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

CRM has been the topic of a number of research analyst reports. Macquarie restated a “neutral” rating and issued a $320.00 target price on shares of Salesforce in a research report on Thursday, March 20th. Royal Bank Of Canada lowered shares of Salesforce from an “outperform” rating to a “sector perform” rating and reduced their price objective for the company from $420.00 to $275.00 in a report on Thursday, May 29th. Citigroup dropped their price target on shares of Salesforce from $320.00 to $295.00 and set a “neutral” rating for the company in a research report on Friday, May 30th. UBS Group set a $404.00 target price on Salesforce and gave the stock an “overweight” rating in a research note on Wednesday, June 18th. Finally, Barclays decreased their target price on Salesforce from $425.00 to $347.00 and set an “overweight” rating for the company in a report on Thursday, May 29th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating, twenty-eight have assigned a buy rating and four have given a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $349.08.

View Our Latest Report on Salesforce

Salesforce Trading Down 2.0%

NYSE:CRM traded down $5.55 on Wednesday, hitting $266.36. 813,315 shares of the stock were exchanged, compared to its average volume of 6,517,404. The stock has a fifty day moving average of $271.69 and a 200-day moving average of $293.08. The stock has a market cap of $254.64 billion, a PE ratio of 41.59, a PEG ratio of 2.47 and a beta of 1.37. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.14. Salesforce Inc. has a fifty-two week low of $230.00 and a fifty-two week high of $369.00.

Salesforce (NYSE:CRM – Get Free Report) last posted its earnings results on Wednesday, May 28th. The CRM provider reported $2.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.55 by $0.03. Salesforce had a net margin of 16.08% and a return on equity of 12.94%. The firm had revenue of $9.83 billion during the quarter, compared to the consensus estimate of $9.74 billion. During the same quarter in the prior year, the company earned $2.44 EPS. The company’s revenue was up 7.6% on a year-over-year basis. As a group, equities analysts expect that Salesforce Inc. will post 7.46 earnings per share for the current fiscal year.

Salesforce Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 10th. Stockholders of record on Wednesday, June 18th will be paid a $0.416 dividend. This represents a $1.66 dividend on an annualized basis and a dividend yield of 0.62%. The ex-dividend date is Wednesday, June 18th. Salesforce’s dividend payout ratio is presently 25.98%.

Insider Activity

In related news, insider Srinivas Tallapragada sold 1,269 shares of the firm’s stock in a transaction dated Monday, June 23rd. The stock was sold at an average price of $262.35, for a total transaction of $332,922.15. Following the sale, the insider directly owned 42,678 shares in the company, valued at approximately $11,196,573.30. This trade represents a 2.89% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Miguel Milano sold 405 shares of the company’s stock in a transaction that occurred on Monday, June 23rd. The stock was sold at an average price of $262.35, for a total value of $106,251.75. Following the completion of the transaction, the insider owned 9,933 shares of the company’s stock, valued at approximately $2,605,922.55. This represents a 3.92% decrease in their position. The disclosure for this sale can be found here. Insiders sold 28,534 shares of company stock worth $7,609,842 in the last quarter. Insiders own 3.20% of the company’s stock.

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