Vulcan Value Partners LLC Lowers Stock Holdings in Salesforce Inc. $CRM

08 Sep 2026, 20:00 by Scott Moore · The Cerbat Gem

Vulcan Value Partners LLC reduced its stake in Salesforce Inc. (NYSE:CRM – Free Report) by 16.7% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 164,013 shares of the CRM provider’s stock after selling 32,790 shares during the quarter. Salesforce comprises approximately 0.8% of Vulcan Value Partners LLC’s holdings, making the stock its 22nd largest position. Vulcan Value Partners LLC’s holdings in Salesforce were worth $25,694,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in CRM. California State Teachers Retirement System raised its position in shares of Salesforce by 13,260.5% in the 2nd quarter. California State Teachers Retirement System now owns 188,085,056 shares of the CRM provider’s stock worth $29,465,405,000 after purchasing an additional 186,677,290 shares during the last quarter. BlackRock Inc. purchased a new stake in Salesforce during the 2nd quarter valued at about $11,396,844,000. State Street Corp grew its position in Salesforce by 1.3% during the 4th quarter. State Street Corp now owns 50,080,230 shares of the CRM provider’s stock valued at $13,286,909,000 after purchasing an additional 659,573 shares during the last quarter. J. Stern & Co. LLP increased its stake in Salesforce by 24,056.7% during the 4th quarter. J. Stern & Co. LLP now owns 47,385,511 shares of the CRM provider’s stock valued at $12,552,896,000 after purchasing an additional 47,189,352 shares in the last quarter. Finally, Capital International Investors raised its holdings in Salesforce by 13.3% in the fourth quarter. Capital International Investors now owns 22,721,010 shares of the CRM provider’s stock worth $6,019,199,000 after buying an additional 2,669,891 shares during the last quarter. Hedge funds and other institutional investors own 80.43% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Wells Fargo & Company upped their price objective on Salesforce from $205.00 to $230.00 and gave the company an “equal weight” rating in a research report on Thursday, August 27th. Citigroup lifted their target price on Salesforce from $204.00 to $233.00 and gave the stock a “neutral” rating in a report on Thursday, August 27th. Morgan Stanley set a $315.00 price target on Salesforce in a research note on Wednesday, September 2nd. Piper Sandler cut Salesforce from an “overweight” rating to a “neutral” rating in a research report on Thursday, May 28th. Finally, Royal Bank Of Canada lifted their price objective on Salesforce from $210.00 to $250.00 and gave the stock a “sector perform” rating in a report on Thursday, August 27th. Three analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, fifteen have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $266.50.

View Our Latest Stock Analysis on CRM

Insider Activity

In related news, Director Craig Conway sold 4,500 shares of the stock in a transaction that occurred on Friday, September 4th. The shares were sold at an average price of $260.61, for a total value of $1,172,745.00. Following the completion of the sale, the director directly owned 5,437 shares of the company’s stock, valued at approximately $1,416,936.57. This represents a 45.29% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 3.50% of the company’s stock.

Salesforce Stock Performance

Shares of CRM stock traded down $10.21 during mid-day trading on Tuesday, reaching $249.03. 16,186,912 shares of the company’s stock traded hands, compared to its average volume of 14,091,925. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.84 and a current ratio of 0.84. The firm has a market capitalization of $204.95 billion, a PE ratio of 22.70, a price-to-earnings-growth ratio of 1.20 and a beta of 1.20. Salesforce Inc. has a 12 month low of $146.32 and a 12 month high of $269.11. The firm has a 50 day moving average price of $195.74 and a two-hundred day moving average price of $185.92.

Salesforce (NYSE:CRM – Get Free Report) last announced its earnings results on Wednesday, August 26th. The CRM provider reported $5.90 EPS for the quarter, topping analysts’ consensus estimates of $3.27 by $2.63. Salesforce had a return on equity of 24.90% and a net margin of 21.99%.The company had revenue of $11.35 billion for the quarter, compared to analysts’ expectations of $11.33 billion. During the same period last year, the firm earned $2.91 EPS. Salesforce’s revenue for the quarter was up 10.8% compared to the same quarter last year. 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, research analysts forecast that Salesforce Inc. will post 12.65 EPS for the current year.

Salesforce Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 8th. Investors of record on Thursday, September 17th will be paid a dividend of $0.44 per share. The ex-dividend date is Thursday, September 17th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 0.7%. Salesforce’s payout ratio is 16.04%.

Salesforce Profile

(Free Report)

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.