Maxi Investments CY Ltd acquired a new stake in shares of Salesforce Inc. (NYSE:CRM – Free Report) during the 2nd quarter, HoldingsChannel reports. The firm acquired 35,000 shares of the CRM provider’s stock, valued at approximately $5,483,000. Salesforce comprises approximately 1.1% of Maxi Investments CY Ltd’s portfolio, making the stock its 27th largest holding.
Other institutional investors have also recently made changes to their positions in the company. Temasek Holdings Private Ltd lifted its position in shares of Salesforce by 3.7% during the 4th quarter. Temasek Holdings Private Ltd now owns 683,790 shares of the CRM provider’s stock worth $181,143,000 after buying an additional 24,332 shares in the last quarter. SFE Investment Counsel increased its position in shares of Salesforce by 82.7% during the fourth quarter. SFE Investment Counsel now owns 17,394 shares of the CRM provider’s stock valued at $4,608,000 after acquiring an additional 7,871 shares during the last quarter. Fluent Financial LLC bought a new stake in Salesforce during the second quarter worth $2,265,000. Secured Retirement Advisors LLC purchased a new position in Salesforce in the first quarter worth $1,004,000. Finally, Janus Henderson Group PLC grew its stake in Salesforce by 2.5% in the 1st quarter. Janus Henderson Group PLC now owns 127,739 shares of the CRM provider’s stock valued at $23,846,000 after purchasing an additional 3,125 shares during the period. Institutional investors own 80.43% of the company’s stock.
Salesforce Trading Up 0.0%
Shares of Salesforce stock opened at $209.20 on Monday. Salesforce Inc. has a 12-month low of $146.32 and a 12-month high of $269.11. The company has a market cap of $171.33 billion, a price-to-earnings ratio of 24.21, a PEG ratio of 1.13 and a beta of 1.16. 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 company’s 50-day moving average price is $174.33 and its 200-day moving average price is $181.35.
Salesforce Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Thursday, July 2nd. Shareholders of record on Thursday, June 11th were given a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date was Thursday, June 11th. Salesforce’s dividend payout ratio (DPR) is presently 20.37%.
More Salesforce News
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
Analyst Upgrades and Downgrades
CRM has been the topic of a number of recent analyst reports. Bank of America assumed coverage on Salesforce in a research note on Monday, May 18th. They set an “underperform” rating and a $160.00 target price on the stock. The Goldman Sachs Group assumed coverage on shares of Salesforce in a report on Thursday, June 18th. They set a “neutral” rating for the company. BTIG Research reaffirmed a “buy” rating and issued a $255.00 price objective on shares of Salesforce in a research report on Tuesday, May 26th. HSBC boosted their target price on shares of Salesforce from $350.00 to $356.00 and gave the company a “buy” rating in a research note on Friday, May 29th. Finally, HC Wainwright downgraded shares of Salesforce to a “negative” rating in a research report on Thursday, June 18th. Two research analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating, eighteen have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $249.87.
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.
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