Siemens Fonds Invest GmbH boosted its position in Salesforce Inc. (NYSE:CRM – Free Report) by 13.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 27,821 shares of the CRM provider’s stock after purchasing an additional 3,212 shares during the quarter. Siemens Fonds Invest GmbH’s holdings in Salesforce were worth $7,398,000 at the end of the most recent reporting period.
Several other hedge funds have also recently added to or reduced their stakes in CRM. Norges Bank acquired a new position in Salesforce in the 4th quarter valued at $3,182,951,000. Capital World Investors raised its stake in Salesforce by 159.0% in the 3rd quarter. Capital World Investors now owns 17,325,206 shares of the CRM provider’s stock valued at $4,106,255,000 after purchasing an additional 10,636,161 shares during the last quarter. Cardano Risk Management B.V. raised its stake in Salesforce by 924.7% in the 4th quarter. Cardano Risk Management B.V. now owns 3,883,610 shares of the CRM provider’s stock valued at $1,028,807,000 after purchasing an additional 3,504,605 shares during the last quarter. Capital International Investors raised its stake in Salesforce by 13.3% in the 4th quarter. Capital International Investors now owns 22,721,010 shares of the CRM provider’s stock valued at $6,019,199,000 after purchasing an additional 2,669,891 shares during the last quarter. Finally, Hotchkis & Wiley Capital Management LLC acquired a new position in Salesforce in the 3rd quarter valued at $484,852,000. 80.43% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
CRM has been the subject of several recent research reports. JPMorgan Chase & Co. reduced their price objective on Salesforce from $365.00 to $320.00 and set an “overweight” rating for the company in a research note on Thursday, February 26th. Cantor Fitzgerald restated an “overweight” rating and issued a $250.00 target price on shares of Salesforce in a report on Thursday, May 28th. Bank of America began coverage on Salesforce in a research note on Monday, May 18th. They issued an “underperform” rating and a $160.00 target price for the company. Wall Street Zen raised Salesforce from a “hold” rating to a “buy” rating in a research note on Saturday, June 6th. Finally, KeyCorp cut their target price on Salesforce from $300.00 to $290.00 and set an “overweight” rating for the company in a research note on Thursday, May 28th. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $259.26.
Salesforce Stock Down 1.7%
Shares of CRM opened at $161.74 on Wednesday. Salesforce Inc. has a 52-week low of $160.50 and a 52-week high of $276.80. The company has a market capitalization of $132.47 billion, a PE ratio of 18.72, a price-to-earnings-growth ratio of 1.02 and a beta of 1.16. The stock has a fifty day simple moving average of $179.14 and a two-hundred day simple moving average of $205.79. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 1.15.
Salesforce (NYSE:CRM – Get Free Report) last issued its earnings results on Wednesday, May 27th. The CRM provider reported $3.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.13 by $0.75. Salesforce had a return on equity of 18.72% and a net margin of 18.73%.The business had revenue of $11.13 billion during the quarter, compared to the consensus estimate of $11.05 billion. During the same period last year, the company earned $2.58 EPS. The company’s revenue for the quarter was up 13.3% on a year-over-year basis. Salesforce has set its FY 2027 guidance at 14.060-14.120 EPS and its Q2 2027 guidance at 3.250-3.270 EPS. As a group, equities analysts forecast that Salesforce Inc. will post 10.29 EPS for the current year.
Salesforce Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 2nd. Stockholders of record on Thursday, June 11th will be issued a dividend of $0.44 per share. The ex-dividend date is Thursday, June 11th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 1.1%. Salesforce’s dividend payout ratio is currently 20.37%.
Salesforce declared that its board has authorized a share repurchase program on Monday, March 16th that allows the company to buyback $25.00 billion in shares. This buyback authorization allows the CRM provider to purchase up to 14.1% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s management believes its stock is undervalued.
Insider Buying and Selling at Salesforce
In other Salesforce news, Director Laura Alber purchased 2,571 shares of the stock in a transaction dated Thursday, March 19th. The stock was acquired at an average cost of $194.58 per share, for a total transaction of $500,265.18. Following the acquisition, the director owned 9,530 shares in the company, valued at $1,854,347.40. This trade represents a 36.94% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 3.50% of the company’s stock.
Key Headlines Impacting Salesforce
Here are the key news stories impacting Salesforce this week:
- Positive Sentiment: Salesforce is deepening its push into agentic AI by acquiring Fin, an AI customer-service platform that handles queries across chat, email, WhatsApp, SMS, phone and Slack. Investors are viewing the deal as a strategic step that could strengthen Salesforce’s position in the fast-growing AI automation market. Reuters article
- Positive Sentiment: Analysts at firms including Wedbush, Canaccord Genuity and Needham reaffirmed bullish views, with price targets well above the current share price, suggesting Wall Street sees meaningful upside if Salesforce’s AI strategy gains traction. Benzinga article
- Positive Sentiment: Commentary around Salesforce’s strong cash generation, rising margins and a $50 billion buyback plan is supporting the investment case by highlighting its ability to fund acquisitions while still returning capital to shareholders. Yahoo Finance article
- Neutral Sentiment: Wedbush said the Fin purchase shows Salesforce is moving faster than expected to secure the AI agent market, but investors are still waiting to see whether these acquisitions translate into faster revenue growth and better returns. Proactive Investors article
- Negative Sentiment: Some coverage is focusing on Salesforce’s steep share-price decline over the past year and the concern that its acquisition-heavy strategy has not yet restored investor confidence, keeping pressure on CRM stock. Invezz article
Salesforce Profile
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.
Core offerings include Sales Cloud for sales automation, Service Cloud for customer support, Marketing Cloud for digital marketing and engagement, and Commerce Cloud for e-commerce.
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