Healthcare of Ontario Pension Plan Trust Fund Sells 260,982 Shares of Salesforce Inc. $CRM

Healthcare of Ontario Pension Plan Trust Fund cut its holdings in shares of Salesforce Inc. (NYSE:CRM) by 56.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 201,663 shares of the CRM provider’s stock after selling 260,982 shares during the period. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Salesforce were worth $53,423,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Mmbg Investment Advisors CO. increased its holdings in Salesforce by 8.2% in the third quarter. Mmbg Investment Advisors CO. now owns 79,627 shares of the CRM provider’s stock valued at $18,905,000 after purchasing an additional 6,045 shares during the period. NEOS Investment Management LLC increased its holdings in Salesforce by 50.0% in the third quarter. NEOS Investment Management LLC now owns 116,874 shares of the CRM provider’s stock valued at $27,699,000 after purchasing an additional 38,963 shares during the period. SFE Investment Counsel increased its holdings in Salesforce by 82.7% in the fourth quarter. SFE Investment Counsel now owns 17,394 shares of the CRM provider’s stock valued at $4,608,000 after purchasing an additional 7,871 shares during the period. Van ECK Associates Corp increased its holdings in Salesforce by 8.9% in the third quarter. Van ECK Associates Corp now owns 1,299,513 shares of the CRM provider’s stock valued at $307,984,000 after purchasing an additional 106,107 shares during the period. Finally, Fisher Asset Management LLC increased its holdings in Salesforce by 2.4% in the third quarter. Fisher Asset Management LLC now owns 4,328,230 shares of the CRM provider’s stock valued at $1,025,791,000 after purchasing an additional 101,191 shares during the period. 80.43% of the stock is currently owned by institutional investors.

Insider Activity

In other news, Director David Blair Kirk bought 2,570 shares of the company’s stock in a transaction on Wednesday, March 18th. The shares were purchased at an average price of $194.62 per share, with a total value of $500,173.40. Following the transaction, the director directly owned 13,689 shares in the company, valued at $2,664,153.18. This represents a 23.11% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Laura Alber bought 2,571 shares of the company’s stock in a transaction on Thursday, March 19th. The shares were purchased at an average cost of $194.58 per share, for a total transaction of $500,265.18. Following the transaction, the director owned 9,530 shares in the company, valued at approximately $1,854,347.40. This represents a 36.94% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 3.50% of the stock is currently owned by company insiders.

Salesforce News Roundup

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Salesforce’s latest quarter was strong, with revenue of $11.13 billion, EPS of $3.88, and AI/data ARR rising to $3.4 billion; Agentforce alone reached $1.2 billion in ARR, reinforcing the company’s AI growth story and supporting the bullish case. Article Title
• Positive Sentiment: Erste Group Bank raised its earnings expectations for Salesforce, estimating FY2027 EPS at $10.17 and FY2028 EPS at $11.07, which suggests confidence in longer-term profitability. Article Title
• Positive Sentiment: Salesforce is getting renewed attention from market watchers, and several articles highlight that its AI pivot and low valuation could attract investors if execution continues to improve. Article Title
• Neutral Sentiment: Salesforce is also being discussed in the context of broader software-sector weakness, with investors favoring AI infrastructure and chip names over traditional subscription software. Article Title
• Negative Sentiment: Salesforce announced another round of layoffs tied to its AI and Marketing Cloud teams, signaling restructuring pressure as it shifts toward AI-focused and usage-based monetization models. Article Title
• Negative Sentiment: Several reports note that CRM shares are near 52-week lows as investors worry the market is rotating away from legacy software names, keeping pressure on the stock despite solid fundamentals. Article Title

Salesforce Stock Performance

Shares of CRM opened at $166.07 on Monday. 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 stock has a 50-day moving average of $180.10 and a 200-day moving average of $206.75. The company has a market cap of $136.01 billion, a PE ratio of 19.22, a P/E/G ratio of 1.03 and a beta of 1.16. Salesforce Inc. has a one year low of $161.40 and a one year high of $276.80.

Salesforce (NYSE:CRM) last issued its earnings results 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 company 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%.The firm’s revenue for the quarter was up 13.3% compared to the same quarter last year. During the same period last 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. On average, equities research analysts predict that Salesforce Inc. will post 10.29 EPS for the current fiscal year.

Salesforce declared that its board has approved a stock buyback program on Monday, March 16th that permits the company to buyback $25.00 billion in outstanding shares. This buyback authorization permits the CRM provider to reacquire up to 14.1% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s leadership believes its shares are undervalued.

Salesforce Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on CRM shares. Barclays decreased their price objective on Salesforce from $252.00 to $236.00 and set an “overweight” rating for the company in a report on Thursday, May 28th. Macquarie Infrastructure decreased their price objective on Salesforce from $200.00 to $190.00 and set a “neutral” rating for the company in a report on Thursday, May 28th. Sanford C. Bernstein decreased their price objective on Salesforce from $194.00 to $173.00 and set an “underperform” rating for the company in a report on Thursday, May 28th. Wedbush reiterated an “outperform” rating and set a $325.00 price target on shares of Salesforce in a report on Thursday, May 28th. Finally, UBS Group reiterated a “market outperform” rating on shares of Salesforce in a report on Thursday, May 28th. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, nine have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $259.26.

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.