Salesforce Inc. $CRM Shares Sold by Aaron Wealth Advisors LLC

Aaron Wealth Advisors LLC lowered its stake in shares of Salesforce Inc. (NYSE:CRM) by 30.6% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 8,317 shares of the CRM provider’s stock after selling 3,660 shares during the period. Aaron Wealth Advisors LLC’s holdings in Salesforce were worth $1,553,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in CRM. OLD National Bancorp IN lifted its holdings in Salesforce by 4.1% during the 1st quarter. OLD National Bancorp IN now owns 87,279 shares of the CRM provider’s stock worth $16,292,000 after buying an additional 3,414 shares in the last quarter. Louisiana State Employees Retirement System acquired a new stake in shares of Salesforce in the 1st quarter valued at about $8,923,000. Triangle Securities Wealth Management boosted its stake in Salesforce by 3.4% during the 1st quarter. Triangle Securities Wealth Management now owns 8,752 shares of the CRM provider’s stock worth $1,634,000 after purchasing an additional 284 shares during the period. Silver Oak Securities Incorporated grew its position in Salesforce by 6.7% during the 1st quarter. Silver Oak Securities Incorporated now owns 2,803 shares of the CRM provider’s stock worth $523,000 after purchasing an additional 177 shares during the last quarter. Finally, Kestra Private Wealth Services LLC grew its position in Salesforce by 0.4% during the 1st quarter. Kestra Private Wealth Services LLC now owns 70,011 shares of the CRM provider’s stock worth $13,069,000 after purchasing an additional 250 shares during the last quarter. 80.43% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts recently weighed in on CRM shares. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $250.00 price target on shares of Salesforce in a report on Thursday, May 28th. KeyCorp decreased their price objective on shares of Salesforce from $300.00 to $290.00 and set an “overweight” rating on the stock in a report on Thursday, May 28th. The Goldman Sachs Group started coverage on shares of Salesforce in a research report on Thursday, June 18th. They set a “neutral” rating on the stock. TD Cowen reaffirmed a “buy” rating on shares of Salesforce in a report on Friday, June 12th. Finally, Piper Sandler downgraded shares of Salesforce from an “overweight” rating to a “neutral” rating in a research report on Thursday, May 28th. One analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, eleven have assigned a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat.com, Salesforce currently has a consensus rating of “Moderate Buy” and an average price target of $257.61.

Salesforce Stock Performance

Shares of NYSE CRM opened at $158.23 on Friday. The firm’s 50-day moving average price is $175.56 and its two-hundred day moving average price is $201.20. The stock has a market capitalization of $129.59 billion, a P/E ratio of 18.31, a P/E/G ratio of 0.93 and a beta of 1.16. 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 Inc. has a 52-week low of $146.32 and a 52-week high of $276.80.

Salesforce (NYSE:CRM) last posted its quarterly earnings data 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. 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 revenue was up 13.3% on a year-over-year basis. During the same period last year, the firm 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. As a group, sell-side analysts forecast that Salesforce Inc. will post 10.29 earnings per share for the current year.

Salesforce Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 2nd. Investors of record on Thursday, June 11th will be issued a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Thursday, June 11th. Salesforce’s dividend payout ratio (DPR) is currently 20.37%.

Salesforce announced that its board has authorized a share buyback program on Monday, March 16th that permits the company to buyback $25.00 billion in shares. This buyback authorization permits the CRM provider to repurchase up to 14.1% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s board of directors believes its shares are undervalued.

Salesforce News Summary

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: TD Cowen reiterated a Buy rating and a $240 price target on Salesforce, citing AI momentum and growth tied to Agentforce, which reinforces the bullish long-term case for the stock. TD Cowen Reaffirms Buy Rating on Salesforce (CRM) as AI Momentum and Agentforce Drive Growth
• Positive Sentiment: Coverage of Salesforce’s Agentforce and broader AI strategy suggests the company is still seen as a serious player in enterprise AI, which may help offset fears that legacy software growth is slowing. Salesforce Agentforce: A Comprehensive Enterprise Cheat Sheet and Review
• Neutral Sentiment: Several commentary pieces argue Salesforce has been overly sold off and may be undervalued after its post-earnings decline, but these are more valuation arguments than fresh catalysts. Salesforce: Taking Advantage Of The Market’s Misunderstanding Of Enterprise Software
• Neutral Sentiment: Salesforce’s acquisition of m3ter to expand dynamic pricing tools adds to its AI CRM platform, but the immediate stock impact looks limited so far. Salesforce expands AI CRM with acquisition of m3ter for dynamic pricing
• Negative Sentiment: One article notes Salesforce is still down sharply since its last earnings report, reminding investors that sentiment remains fragile despite the recent rebound. Salesforce (CRM) Down 14.8% Since Last Earnings Report: Can It Rebound?
• Negative Sentiment: Another report says Salesforce is trying to defend its AI position with new tools for RIAs, but experts are raising concerns about cost, implementation, and benefits, which could limit enthusiasm. Salesforce tries to catch up on AI — and halt precipitous stock slide — with launch of ‘Agentic Advisor’ for RIAs

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.