Arrowstreet Capital Limited Partnership Has $2.36 Billion Stake in Salesforce Inc. $CRM

Arrowstreet Capital Limited Partnership grew its stake in shares of Salesforce Inc. (NYSE:CRM) by 130.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,659,217 shares of the CRM provider’s stock after purchasing an additional 7,160,302 shares during the quarter. Salesforce makes up 1.3% of Arrowstreet Capital Limited Partnership’s portfolio, making the stock its 9th largest holding. Arrowstreet Capital Limited Partnership’s holdings in Salesforce were worth $2,363,096,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in CRM. Brighton Jones LLC raised its holdings in shares of Salesforce by 13.7% during the fourth quarter. Brighton Jones LLC now owns 25,668 shares of the CRM provider’s stock valued at $8,582,000 after buying an additional 3,102 shares during the last quarter. Revolve Wealth Partners LLC grew its holdings in Salesforce by 12.6% in the 4th quarter. Revolve Wealth Partners LLC now owns 1,827 shares of the CRM provider’s stock worth $611,000 after buying an additional 205 shares in the last quarter. Bison Wealth LLC increased its position in Salesforce by 9.0% in the 4th quarter. Bison Wealth LLC now owns 2,234 shares of the CRM provider’s stock valued at $747,000 after acquiring an additional 184 shares during the period. Sivia Capital Partners LLC increased its position in Salesforce by 3.7% in the 2nd quarter. Sivia Capital Partners LLC now owns 2,958 shares of the CRM provider’s stock valued at $807,000 after acquiring an additional 106 shares during the period. Finally, United Bank lifted its holdings in Salesforce by 5.2% in the second quarter. United Bank now owns 10,198 shares of the CRM provider’s stock worth $2,781,000 after purchasing an additional 500 shares during the period. Institutional investors own 80.43% of the company’s stock.

More Salesforce News

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Navatar announced a Claude-native deal engine built on Salesforce Agentforce, highlighting continued enterprise demand for Salesforce’s platform and AI tools. Navatar Launches Claude-Native Deal Engine for Private Equity and M&A Advisory Firms on Salesforce CRM
• Neutral Sentiment: Salesforce received an “Equal Weight” rating from Morgan Stanley, reinforcing a cautious but not outright bearish stance from one major broker. Salesforce (NYSE:CRM) Earns “Equal Weight” Rating from Morgan Stanley
• Neutral Sentiment: Montaka Global Investments described Salesforce as having a compelling outlook, suggesting some long-term investors still see value in the company’s AI and platform strategy. Key Catalysts Behind Salesforce’s (CRM) Compelling Outlook
• Negative Sentiment: Morgan Stanley cut Salesforce’s price target by 35% and downgraded the stock to Equal Weight, signaling reduced upside expectations. Morgan Stanley Slashes Salesforce Price Target By 35%
• Negative Sentiment: Another report said CRM’s recent downgrade reflects a “balanced” risk/reward profile, with analysts seeing no major growth inflection in the near term. CRM Stock Snags Second Rating Downgrade This Month
• Negative Sentiment: Salesforce fell more than the broader market as the stock continued to trade under pressure from sentiment around software valuations and AI competition. Here’s Why Salesforce (CRM) Fell More Than Broader Market

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. Raymond James Financial reissued a “strong-buy” rating on shares of Salesforce in a research note on Tuesday. Citizens Jmp reaffirmed a “market outperform” rating and set a $315.00 price target on shares of Salesforce in a research note on Thursday, May 28th. Wolfe Research cut Salesforce from an “outperform” rating to a “hold” rating in a research report on Wednesday, July 1st. Roth Capital restated a “buy” rating and set a $325.00 price objective on shares of Salesforce in a research report on Thursday, May 28th. Finally, UBS Group reaffirmed an “equal weight” rating on shares of Salesforce in a research note on Tuesday. Two analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating, seventeen have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $249.51.

Salesforce Stock Down 3.7%

Shares of Salesforce stock opened at $156.97 on Friday. Salesforce Inc. has a 1 year low of $146.32 and a 1 year high of $274.00. The company has a market cap of $128.56 billion, a P/E ratio of 18.17, a P/E/G ratio of 0.88 and a beta of 1.18. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 1.15. The stock has a 50-day moving average price of $170.28 and a 200 day moving average price of $187.96.

Salesforce (NYSE:CRM) last released its earnings results on Wednesday, May 27th. The CRM provider reported $3.88 earnings per share for the quarter, beating the consensus estimate of $3.13 by $0.75. The company had revenue of $11.13 billion for the quarter, compared to analysts’ expectations of $11.05 billion. Salesforce had a return on equity of 18.72% and a net margin of 18.73%.The business’s revenue for the quarter was up 13.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.58 EPS. 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, analysts expect that Salesforce Inc. will post 10.28 EPS for the current fiscal year.

Salesforce Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, July 2nd. Stockholders of record on Thursday, June 11th were paid a dividend of $0.44 per share. The ex-dividend date of this dividend was 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 (DPR) is 20.37%.

About Salesforce

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.