BI Asset Management Fondsmaeglerselskab A S Has $37.28 Million Holdings in Salesforce Inc. $CRM

BI Asset Management Fondsmaeglerselskab A S grew its holdings in shares of Salesforce Inc. (NYSE:CRM) by 15.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 140,736 shares of the CRM provider’s stock after purchasing an additional 18,600 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in Salesforce were worth $37,282,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. OneAscent Financial Services LLC lifted its holdings in shares of Salesforce by 14.4% during the 4th quarter. OneAscent Financial Services LLC now owns 2,433 shares of the CRM provider’s stock worth $645,000 after acquiring an additional 306 shares during the period. OneAscent Family Office LLC bought a new stake in shares of Salesforce during the 4th quarter worth approximately $343,000. Pinebridge Investments LLC bought a new stake in shares of Salesforce during the 4th quarter worth approximately $56,430,000. PBU The Pension Fund of Early Childhood & Youth Educators bought a new stake in shares of Salesforce during the 4th quarter worth approximately $15,388,000. Finally, Arsenal Capital Advisors LLC bought a new stake in shares of Salesforce during the 4th quarter worth approximately $365,000. Institutional investors own 80.43% of the company’s stock.

Insiders Place Their Bets

In related news, Director Laura Alber purchased 2,571 shares of Salesforce stock in a transaction on 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 completion of the acquisition, the director owned 9,530 shares of the company’s stock, valued at $1,854,347.40. This trade represents a 36.94% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director David Blair Kirk purchased 2,570 shares of Salesforce stock in a transaction on Wednesday, March 18th. The stock was bought at an average price of $194.62 per share, with a total value of $500,173.40. Following the completion of the acquisition, the director directly owned 13,689 shares of the company’s stock, valued at approximately $2,664,153.18. This trade represents a 23.11% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 3.50% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. JPMorgan Chase & Co. cut their price target on shares of Salesforce from $365.00 to $320.00 and set an “overweight” rating for the company in a report on Thursday, February 26th. Wells Fargo & Company cut their price target on shares of Salesforce from $210.00 to $200.00 and set an “equal weight” rating for the company in a report on Thursday, May 28th. Morgan Stanley dropped their price objective on shares of Salesforce from $398.00 to $287.00 and set an “overweight” rating for the company in a research note on Monday, February 23rd. Truist Financial set a $280.00 price objective on shares of Salesforce in a research note on Thursday, February 26th. Finally, Stifel Nicolaus dropped their price objective on shares of Salesforce from $300.00 to $250.00 and set a “buy” rating for the company in a research note on Thursday, February 26th. One research analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $257.97.

Trending Headlines about Salesforce

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Salesforce announced a landmark partnership with FIFA for the 2026 World Cup and 2027 Women’s World Cup, which could showcase its AI-driven Agentforce 360 platform to a massive global audience and potentially drive future enterprise demand. Article Title
• Positive Sentiment: KeyCorp kept an Overweight rating and a $290 price target on Salesforce, while modeling earnings above consensus for FY2027, signaling continued analyst confidence in the company’s profit growth. Article Title
• Positive Sentiment: Recent commentary highlights Salesforce’s strong momentum, helped by its AI strategy, Agentforce rollout, recurring revenue base, and expanding free cash flow, which may keep long-term investors interested. Article Title
• Neutral Sentiment: Salesforce’s presentation at the Evercore Global TMT Conference and valuation-focused coverage suggest investors are still reassessing how much of the AI and Agentforce optimism is already priced in. Article Title
• Negative Sentiment: Bridgewater Associates reportedly sold Salesforce, which can pressure sentiment in the near term, although the article argues that institutional selling may create a better entry point for patient investors. Article Title

Salesforce Trading Down 1.5%

CRM opened at $185.85 on Friday. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 1.15. The stock has a market cap of $152.21 billion, a PE ratio of 21.51, a price-to-earnings-growth ratio of 1.19 and a beta of 1.16. The company has a fifty day moving average of $181.31 and a 200-day moving average of $208.90. Salesforce Inc. has a twelve month low of $163.52 and a twelve month high of $276.80.

Salesforce (NYSE:CRM) last posted its quarterly earnings results on Wednesday, May 27th. The CRM provider reported $3.88 EPS for the quarter, topping analysts’ consensus estimates of $3.13 by $0.75. The business had revenue of $11.13 billion during the quarter, compared to analysts’ expectations of $11.05 billion. Salesforce had a net margin of 18.73% and a return on equity of 18.72%. The business’s quarterly revenue was up 13.3% on a year-over-year basis. During the same period last year, the company posted $2.58 earnings per share. Salesforce has set its FY 2027 guidance at 14.060-14.120 EPS and its Q2 2027 guidance at 3.250-3.270 EPS. On average, sell-side analysts predict that Salesforce Inc. will post 10.13 EPS for the current year.

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

Salesforce Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 2nd. Shareholders of record on Thursday, June 11th will be issued a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Thursday, June 11th. Salesforce’s dividend payout ratio (DPR) is presently 20.37%.

Salesforce Company 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.