Investment Management Corp of Ontario Cuts Stock Position in Salesforce Inc. $CRM

09 Dec 2025, 10:58 by Jessica Moore · The Cerbat Gem

Investment Management Corp of Ontario decreased its position in shares of Salesforce Inc. (NYSE:CRM – Free Report) by 6.9% during the 2nd quarter, Holdings Channel.com reports. The fund owned 31,563 shares of the CRM provider’s stock after selling 2,335 shares during the period. Investment Management Corp of Ontario’s holdings in Salesforce were worth $8,607,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Tripletail Wealth Management LLC purchased a new stake in Salesforce during the second quarter worth about $274,000. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna purchased a new stake in Salesforce during the 2nd quarter worth about $4,264,000. Lombard Odier Asset Management Switzerland SA boosted its position in shares of Salesforce by 5.2% during the 2nd quarter. Lombard Odier Asset Management Switzerland SA now owns 46,129 shares of the CRM provider’s stock worth $12,579,000 after acquiring an additional 2,294 shares in the last quarter. State Street Corp raised its holdings in Salesforce by 1.6% during the second quarter. State Street Corp now owns 49,260,918 shares of the CRM provider’s stock worth $13,452,998,000 after purchasing an additional 776,300 shares in the last quarter. Finally, Daiwa Securities Group Inc. increased its position in shares of Salesforce by 23.4% during the second quarter. Daiwa Securities Group Inc. now owns 277,804 shares of the CRM provider’s stock worth $75,753,000 after purchasing an additional 52,695 shares in the last quarter. 80.43% of the stock is owned by institutional investors and hedge funds.

Salesforce Price Performance

NYSE CRM opened at $259.29 on Tuesday. Salesforce Inc. has a 52 week low of $221.96 and a 52 week high of $367.09. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.14. The stock has a market cap of $242.96 billion, a price-to-earnings ratio of 34.62, a price-to-earnings-growth ratio of 2.02 and a beta of 1.25. The company has a 50-day moving average price of $243.55 and a two-hundred day moving average price of $252.27.

Salesforce (NYSE:CRM – Get Free Report) last posted its quarterly earnings results on Wednesday, December 3rd. The CRM provider reported $3.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.86 by $0.39. Salesforce had a return on equity of 14.41% and a net margin of 17.91%.The company had revenue of $10.26 billion for the quarter, compared to analysts’ expectations of $10.27 billion. During the same quarter in the prior year, the company earned $2.41 earnings per share. The firm’s revenue was up 9.1% on a year-over-year basis. Salesforce has set its Q4 2026 guidance at 3.020-3.040 EPS. Analysts forecast that Salesforce Inc. will post 7.46 EPS for the current year.

Salesforce Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 8th. Shareholders of record on Thursday, December 18th will be given a dividend of $0.416 per share. The ex-dividend date of this dividend is Thursday, December 18th. This represents a $1.66 dividend on an annualized basis and a yield of 0.6%. Salesforce’s payout ratio is currently 22.16%.

Insider Activity at Salesforce

In other Salesforce news, CEO Marc Benioff sold 2,250 shares of the stock in a transaction on Wednesday, October 8th. The stock was sold at an average price of $239.79, for a total value of $539,527.50. Following the transaction, the chief executive officer directly owned 11,911,571 shares in the company, valued at approximately $2,856,275,610.09. This trade represents a 0.02% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Parker Harris sold 134,662 shares of the company’s stock in a transaction that occurred on Tuesday, December 2nd. The shares were sold at an average price of $234.70, for a total transaction of $31,605,171.40. Following the completion of the sale, the insider directly owned 139,767 shares of the company’s stock, valued at $32,803,314.90. The trade was a 49.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 182,034 shares of company stock worth $43,297,979 in the last ninety days. 3.00% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several brokerages have issued reports on CRM. BMO Capital Markets dropped their price objective on shares of Salesforce from $280.00 to $275.00 and set an “outperform” rating on the stock in a research note on Thursday, December 4th. UBS Group restated a “neutral” rating and set a $260.00 target price on shares of Salesforce in a report on Thursday. Truist Financial lowered their target price on Salesforce from $400.00 to $380.00 and set a “buy” rating on the stock in a report on Thursday, December 4th. Mizuho cut their price target on Salesforce from $350.00 to $340.00 and set an “outperform” rating for the company in a report on Monday, November 17th. Finally, KeyCorp cut their price objective on shares of Salesforce from $440.00 to $400.00 and set an “overweight” rating on the stock in a report on Thursday, September 4th. Twenty-eight research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $326.65.

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