Cibc World Market Inc. acquired a new position in shares of Salesforce Inc. (NYSE:CRM – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 241,415 shares of the CRM provider’s stock, valued at approximately $37,820,000.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in CRM. Castlefield Investment Partners LLP acquired a new stake in Salesforce in the 2nd quarter valued at about $292,000. Osbon Capital Management LLC acquired a new position in shares of Salesforce during the second quarter worth approximately $82,000. OMERS ADMINISTRATION Corp acquired a new position in shares of Salesforce during the second quarter worth approximately $16,209,000. Osmosis Investment Management UK Ltd bought a new stake in shares of Salesforce during the second quarter valued at approximately $1,629,000. Finally, Sanctuary Advisors LLC acquired a new stake in shares of Salesforce in the second quarter valued at approximately $13,798,000. Institutional investors and hedge funds own 80.43% of the company’s stock.
Salesforce Trading Up 0.0%
Shares of NYSE CRM opened at $209.20 on Monday. Salesforce Inc. has a fifty-two week low of $146.32 and a fifty-two week high of $269.11. The firm has a market capitalization of $171.33 billion, a P/E ratio of 24.21, a P/E/G ratio of 1.13 and a beta of 1.16. 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 company’s 50 day simple moving average is $174.33 and its 200 day simple moving average is $181.35.
Salesforce Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 2nd. Investors 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 0.8%. Salesforce’s payout ratio is 20.37%.
Wall Street Analysts Forecast Growth
CRM has been the subject of several research analyst reports. Susquehanna assumed coverage on shares of Salesforce in a research report on Wednesday, July 1st. They issued a “neutral” rating for the company. Oppenheimer reiterated an “outperform” rating on shares of Salesforce in a research report on Thursday. Royal Bank Of Canada cut Salesforce from a “sector perform” rating to a “sector perform” rating in a research note on Wednesday, July 1st. Wedbush began coverage on Salesforce in a research report on Wednesday, July 1st. They set an “outperform” rating for the company. Finally, HC Wainwright lowered Salesforce to a “negative” rating in a research note on Thursday, June 18th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating, eighteen have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $249.87.
Check Out Our Latest Analysis on Salesforce
Salesforce News Summary
Here are the key news stories impacting Salesforce this week:
- Positive Sentiment: Favorable earnings setup: Oppenheimer and other analysts see potential upside from Salesforce’s upcoming results, while market expectations point to a possible post-earnings move toward the stock’s highest level since January. Salesforce Faces Favorable Second-Quarter Setup With Upside Potential How Much Salesforce Stock Is Expected to Move After Earnings
- Positive Sentiment: Analyst support: Guggenheim reaffirmed a Buy rating with a $228 price target, while Cantor Fitzgerald maintained an Overweight rating and set a $250 target. The calls reflect confidence that Salesforce can capture demand for next-generation AI-powered, “agentic” enterprise workflows. Cantor Fitzgerald Salesforce Analyst Comment
- Positive Sentiment: Growth and capital returns: Zacks characterizes Salesforce as a strong growth stock, while a report highlights a record $27 billion quarterly share repurchase program. Buybacks could support earnings per share and signal that management views the shares as undervalued. Why Salesforce Is a Strong Growth Stock Salesforce Record Stock Buybacks
- Neutral Sentiment: Results are the next catalyst: Analysts are focused on revenue, EPS, and operating metrics for the quarter ended July 2026. Salesforce previously reported $11.13 billion of quarterly revenue, up 13.3% year over year, and EPS of $3.88, above consensus. Salesforce Q2 Earnings Estimates
- Neutral Sentiment: AI platform positioning: Coverage comparing Salesforce with ServiceNow suggests investors are rotating toward enterprise application software as AI investment broadens beyond hardware. Salesforce’s Headless 360 strategy and the Agiloft integration on AgentExchange offer additional evidence of ecosystem expansion. Salesforce Versus ServiceNow
- Negative Sentiment: Risks remain: The buybacks were funded partly with $25 billion of new debt, increasing leverage and interest obligations. Separate commentary questions whether Salesforce could become a value trap if growth slows or AI monetization disappoints. Salesforce Value Trap Analysis
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.
Further Reading
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- Rocket Lab’s Sell-Off Is Fading—Is It Finally Safe to Buy?
- $27 Billion in Buybacks: 3 Stocks Betting Their Strong Runs Aren’t Over
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