Blue Capital Inc. Takes Position in Salesforce Inc. $CRM

Blue Capital Inc. acquired a new position in Salesforce Inc. (NYSE:CRM) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 3,544 shares of the CRM provider’s stock, valued at approximately $662,000.

Other large investors have also recently bought and sold shares of the company. Livet Wealth LLC lifted its holdings in shares of Salesforce by 16.8% in the 1st quarter. Livet Wealth LLC now owns 1,345 shares of the CRM provider’s stock valued at $251,000 after buying an additional 193 shares during the period. Heritage Investors Management Corp grew its stake in shares of Salesforce by 2.5% during the 1st quarter. Heritage Investors Management Corp now owns 196,277 shares of the CRM provider’s stock worth $36,639,000 after purchasing an additional 4,847 shares during the period. Physician Wealth Advisors Inc. grew its stake in shares of Salesforce by 49.8% during the 1st quarter. Physician Wealth Advisors Inc. now owns 430 shares of the CRM provider’s stock worth $80,000 after purchasing an additional 143 shares during the period. TSG Advice Partners LLC increased its holdings in shares of Salesforce by 17.4% during the 1st quarter. TSG Advice Partners LLC now owns 1,342 shares of the CRM provider’s stock valued at $250,000 after purchasing an additional 199 shares in the last quarter. Finally, Vision Capital Management Inc. lifted its stake in shares of Salesforce by 15.6% in the 1st quarter. Vision Capital Management Inc. now owns 27,995 shares of the CRM provider’s stock valued at $5,226,000 after purchasing an additional 3,779 shares during the period. Hedge funds and other institutional investors own 80.43% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently commented on CRM. Wells Fargo & Company dropped their price target on shares of Salesforce from $210.00 to $200.00 and set an “equal weight” rating on the stock in a research report on Thursday, May 28th. Citizens Jmp reiterated a “market outperform” rating and issued a $315.00 price objective on shares of Salesforce in a research report on Thursday, May 28th. TD Cowen reissued a “buy” rating on shares of Salesforce in a research note on Friday, June 12th. Daiwa Securities Group dropped their target price on Salesforce from $295.00 to $280.00 and set a “buy” rating on the stock in a research report on Tuesday, June 2nd. Finally, Wedbush assumed coverage on Salesforce in a research note on Wednesday. They issued an “outperform” rating for the company. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, twelve have assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $254.42.

Salesforce Stock Performance

Shares of NYSE:CRM opened at $165.94 on Friday. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.79 and a quick ratio of 0.79. Salesforce Inc. has a 1 year low of $146.32 and a 1 year high of $276.80. The firm has a market capitalization of $135.90 billion, a PE ratio of 19.21, a P/E/G ratio of 1.02 and a beta of 1.18. The business’s 50 day moving average price is $173.71 and its 200-day moving average price is $197.94.

Salesforce (NYSE:CRM) last posted its quarterly earnings data on Wednesday, May 27th. The CRM provider reported $3.88 EPS for the quarter, beating the consensus estimate of $3.13 by $0.75. The firm had revenue of $11.13 billion during the quarter, compared to the consensus estimate of $11.05 billion. Salesforce had a return on equity of 18.72% and a net margin of 18.73%.During the same period in the prior year, the company earned $2.58 EPS. The firm’s 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. As a group, equities research analysts expect that Salesforce Inc. will post 10.29 earnings per share for the current fiscal year.

Salesforce Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 2nd. Stockholders of record on Thursday, June 11th were paid a $0.44 dividend. This represents a $1.76 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Thursday, June 11th. Salesforce’s dividend payout ratio (DPR) is currently 20.37%.

Salesforce announced that its board has approved a share buyback plan on Monday, March 16th that allows the company to repurchase $25.00 billion in shares. This repurchase authorization allows the CRM provider to buy up to 14.1% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s management believes its shares are undervalued.

Trending Headlines about Salesforce

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Guggenheim upgraded Salesforce to Buy and argued the stock’s recent weakness offers a better buying opportunity, helping fuel a rebound in CRM shares. Salesforce Will Face AI Disruption but Stock Still Gets an Upgrade to Buy
• Positive Sentiment: Analysts highlighted Salesforce’s Data 360 momentum, AI-driven recurring revenue growth, and potential Informatica synergies as reasons fiscal 2027 revenue growth could improve. Can Salesforce’s Data 360 Momentum Drive Stronger FY27 Growth?
• Positive Sentiment: Citizens reiterated a Market Outperform rating after Salesforce’s Fin acquisition and Agentforce expansion, reinforcing the bullish AI/productivity narrative. Citizens Reiterates Market Outperform Rating on Salesforce (CRM) Following Fin Acquisition and Agentforce Expansion
• Neutral Sentiment: Several articles noted that Salesforce remains a popular analyst consensus pick, with a “Moderate Buy” view broadly still in place. Salesforce Inc. (NYSE:CRM) Given Consensus Recommendation of “Moderate Buy” by Analysts
• Negative Sentiment: Despite the upgrade-driven bounce, Salesforce has still been hit by heavy recent selling, with coverage noting it fell more than 10% over the past month and lost over 25% in June, underscoring investor concern about the pace of growth. Salesforce (CRM) Down More Than 10% Over the Past Month, Here’s What You Need to Know
• Negative Sentiment: Some commentary suggested AI expectations may be getting ahead of fundamentals, with analysts debating whether Salesforce’s valuation still fully reflects slower near-term growth. Salesforce (CRM) Stock Sees Modest Fair Value Cut As Analysts Debate AI Growth

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.