Engineers Gate Manager LP Grows Holdings in Salesforce Inc. $CRM

Posted by George Bondi on Jun 18th, 2026

Engineers Gate Manager LP grew its holdings in Salesforce Inc. (NYSE:CRM – Free Report) by 772.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 107,795 shares of the CRM provider’s stock after purchasing an additional 95,443 shares during the period. Engineers Gate Manager LP’s holdings in Salesforce were worth $28,556,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Commonwealth Retirement Investments LLC purchased a new stake in Salesforce in the fourth quarter worth $25,000. Board of the Pension Protection Fund purchased a new stake in Salesforce in the fourth quarter worth $26,000. Key Capital Management INC purchased a new stake in Salesforce in the fourth quarter worth $26,000. Gilpin Wealth Management LLC purchased a new stake in Salesforce in the fourth quarter worth $26,000. Finally, Legacy Bridge LLC purchased a new stake in Salesforce in the fourth quarter worth $27,000. Hedge funds and other institutional investors own 80.43% of the company’s stock.

Trending Headlines about Salesforce

Here are the key news stories impacting Salesforce this week:

Positive Sentiment: Salesforce announced a $3.6 billion acquisition of Fin, a customer AI agent platform, reinforcing its push into agentic AI and potentially expanding its automation and customer-service capabilities. Salesforce to acquire customer AI agent platform Fin for $3.6B
Positive Sentiment: Some analysts remain constructive, with reaffirmed Buy ratings and targets well above the current share price, suggesting potential upside if Salesforce’s AI strategy and cash generation continue to improve. Analyst rating updates
Neutral Sentiment: UBS reiterated a Neutral rating, reflecting a wait-and-see stance as investors assess whether Salesforce can convert its AI investments into faster growth. UBS sticks neutral
Neutral Sentiment: Reports highlighting strong cash flow, rising margins, and a large buyback plan support the view that Salesforce still has financial flexibility to reward shareholders while investing in growth. CRM’s Record Cash Generation Support Robust Shareholder Returns
Negative Sentiment: Multiple articles raised concerns that Salesforce’s acquisition-heavy strategy may not be translating into sustained growth reacceleration, with some analysts cutting fair value estimates and questioning AI monetization. Salesforce (CRM) Stock Sees Fair Value Cut As Analysts Question AI Growth Path
Negative Sentiment: Commentary also pointed to “unit economic” concerns and recent share-price weakness, suggesting investors are worried the market is still paying closer attention to execution risk than to the long-term AI opportunity. Salesforce: Putting The Spotlight On The Unit Economic Concerns

Salesforce Price Performance

CRM opened at $154.88 on Thursday. The business’s 50-day moving average is $178.54 and its two-hundred day moving average is $205.28. Salesforce Inc. has a 1 year low of $154.23 and a 1 year high of $276.80. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.79 and a quick ratio of 0.79. The firm has a market capitalization of $126.85 billion, a PE ratio of 17.93, a price-to-earnings-growth ratio of 1.01 and a beta of 1.16.

Salesforce (NYSE:CRM – Get Free Report) last posted its earnings results on Wednesday, May 27th. The CRM provider reported $3.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.13 by $0.75. Salesforce had a return on equity of 18.72% and a net margin of 18.73%.The company had revenue of $11.13 billion for the quarter, compared to analyst estimates of $11.05 billion. During the same quarter in the previous year, the firm earned $2.58 earnings per share. The firm’s quarterly revenue was up 13.3% compared to the same quarter last year. Salesforce has set its FY 2027 guidance at 14.060-14.120 EPS and its Q2 2027 guidance at 3.250-3.270 EPS. Research analysts anticipate that Salesforce Inc. will post 10.29 earnings per share for the current fiscal year.

Salesforce declared that its board has initiated a stock repurchase plan on Monday, March 16th that authorizes the company to repurchase $25.00 billion in outstanding shares. This repurchase authorization authorizes the CRM provider to buy up to 14.1% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s board of directors believes its shares are undervalued.

Salesforce Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 2nd. Shareholders of record on Thursday, June 11th will be paid a $0.44 dividend. This represents a $1.76 annualized dividend and a yield of 1.1%. The ex-dividend date is Thursday, June 11th. Salesforce’s payout ratio is 20.37%.

Analyst Ratings Changes

A number of analysts have weighed in on the company. Wolfe Research reiterated an “outperform” rating on shares of Salesforce in a research note on Monday. Jefferies Financial Group restated a “buy” rating on shares of Salesforce in a research note on Monday. Morgan Stanley cut their price target on Salesforce from $398.00 to $287.00 and set an “overweight” rating on the stock in a research note on Monday, February 23rd. Citizens Jmp restated a “market outperform” rating and set a $315.00 price target on shares of Salesforce in a research note on Thursday, May 28th. Finally, B. Riley Financial raised their price target on Salesforce from $205.00 to $240.00 and gave the company a “buy” rating in a research note on Thursday, May 28th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $259.26.

Check Out Our Latest Stock Report on CRM

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.

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.