DE Burlo Group Inc. Lowers Holdings in Salesforce Inc. $CRM

DE Burlo Group Inc. decreased its position in shares of Salesforce Inc. (NYSE:CRM) by 30.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,214 shares of the CRM provider’s stock after selling 4,005 shares during the quarter. DE Burlo Group Inc.’s holdings in Salesforce were worth $2,184,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in CRM. Vanguard Group Inc. increased its position in Salesforce by 0.8% during the 3rd quarter. Vanguard Group Inc. now owns 89,572,253 shares of the CRM provider’s stock valued at $21,228,624,000 after purchasing an additional 748,772 shares during the period. State Street Corp lifted its position in shares of Salesforce by 1.6% in the 2nd quarter. State Street Corp now owns 49,260,918 shares of the CRM provider’s stock worth $13,452,998,000 after purchasing an additional 776,300 shares during the period. Geode Capital Management LLC lifted its position in shares of Salesforce by 0.6% in the 2nd quarter. Geode Capital Management LLC now owns 20,873,900 shares of the CRM provider’s stock worth $5,669,224,000 after purchasing an additional 114,504 shares during the period. Capital International Investors boosted its stake in shares of Salesforce by 9.4% during the third quarter. Capital International Investors now owns 20,051,119 shares of the CRM provider’s stock valued at $4,753,519,000 after purchasing an additional 1,729,440 shares in the last quarter. Finally, Capital World Investors increased its holdings in Salesforce by 159.0% during the third quarter. Capital World Investors now owns 17,325,206 shares of the CRM provider’s stock valued at $4,106,255,000 after buying an additional 10,636,161 shares during the period. Hedge funds and other institutional investors own 80.43% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on CRM shares. Sanford C. Bernstein reduced their price objective on shares of Salesforce from $223.00 to $194.00 and set an “underperform” rating for the company in a research note on Thursday, February 26th. Jefferies Financial Group dropped their target price on Salesforce from $375.00 to $250.00 and set a “buy” rating on the stock in a research report on Monday, February 23rd. BMO Capital Markets reduced their price target on Salesforce from $235.00 to $225.00 and set an “outperform” rating for the company in a research report on Thursday, February 26th. Truist Financial set a $280.00 price objective on Salesforce in a research note on Thursday, February 26th. Finally, Canaccord Genuity Group reaffirmed a “buy” rating and set a $300.00 price objective on shares of Salesforce in a research report on Thursday, December 4th. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $282.06.

Salesforce Stock Performance

Shares of CRM stock opened at $194.78 on Wednesday. Salesforce Inc. has a 12-month low of $174.57 and a 12-month high of $296.05. The business’s fifty day simple moving average is $214.43 and its 200-day simple moving average is $236.09. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.18. The company has a market cap of $179.78 billion, a PE ratio of 24.94, a PEG ratio of 1.45 and a beta of 1.29.

Salesforce (NYSE:CRM) last posted its quarterly earnings data on Wednesday, February 25th. The CRM provider reported $3.81 earnings per share for the quarter, topping analysts’ consensus estimates of $3.05 by $0.76. Salesforce had a return on equity of 15.38% and a net margin of 17.96%.The firm had revenue of $11.20 billion during the quarter, compared to analysts’ expectations of $11.18 billion. During the same quarter last year, the firm earned $2.78 EPS. The business’s quarterly revenue was up 12.1% on a year-over-year basis. Salesforce has set its FY 2027 guidance at 13.110-13.190 EPS and its Q1 2027 guidance at 3.110-3.130 EPS. Analysts expect that Salesforce Inc. will post 7.46 earnings per share for the current fiscal year.

Salesforce Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 23rd. Stockholders of record on Thursday, April 9th will be paid a dividend of $0.44 per share. The ex-dividend date is Thursday, April 9th. This is a positive change from Salesforce’s previous quarterly dividend of $0.42. This represents a $1.76 dividend on an annualized basis and a dividend yield of 0.9%. Salesforce’s payout ratio is presently 21.25%.

Insider Transactions at Salesforce

In related news, Director David Blair Kirk bought 1,936 shares of the company’s stock in a transaction on Wednesday, December 17th. The shares were bought at an average price of $258.64 per share, with a total value of $500,727.04. Following the transaction, the director owned 10,677 shares in the company, valued at approximately $2,761,499.28. This trade represents a 22.15% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Neelie Kroes sold 3,893 shares of the company’s stock in a transaction that occurred on Wednesday, January 14th. The shares were sold at an average price of $238.70, for a total transaction of $929,259.10. Following the transaction, the director owned 7,299 shares in the company, valued at $1,742,271.30. The trade was a 34.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 3.00% of the stock is currently owned by insiders.

Key Salesforce News

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Salesforce expanded its Agentforce AI platform with new partnerships and sector moves (including a Formula 1 fan companion agent) that show progress commercializing AI across verticals. Salesforce Expands Agentforce With Formula 1 Partnership And Finance Shift
• Positive Sentiment: Salesforce launched Agentforce Contact Center to integrate AI, voice and CRM — a product move that targets high-value contact-center spend and could accelerate revenue per customer if adoption scales. Salesforce Launches Agentforce Contact Center to Unify AI, Voice and CRM
• Positive Sentiment: Third-party ecosystem activity: Pimly launched a Product Intelligence solution on Salesforce’s AgentExchange, which could increase platform stickiness and extend use cases for front-office AI workflows. Pimly Product Intelligence Launch May Deepen Salesforce Platform Usage And Value
• Neutral Sentiment: Competitive/market commentary: HubSpot (HUBS) reported strong subscription growth — a reminder of CRM competition that can influence investor sentiment around SaaS growth comps. HUBS Rides on Solid Subscriber Revenue Growth
• Neutral Sentiment: Opinion pieces argue Salesforce is undervalued after recent weakness, framing current weakness as a buying opportunity if management executes on AI monetization. Salesforce: The SaaSpocalypse Created A Rare Buying Opportunity
• Neutral Sentiment: Long-form analysis and sector context (e.g., Forbes piece on CRM’s path) highlight that sentiment about AI and guidance, not just fundamentals, is driving recent volatility. CRM Stock: Path To $260
• Negative Sentiment: Short interest rose ~14.8% in February to ~21.9M shares (about 2.4% of shares), signaling increased bearish positioning that can amplify near-term downside pressure. (SEC/market short-interest report)
• Negative Sentiment: Analyst price-target trims: Northland cut its target to $229 (market-perform) and DA Davidson cut its target to $200 while keeping Neutral — fresh PT reductions that reinforce cautious near-term expectations. Northland Cuts Price Target DA Davidson Lowers PT on Salesforce

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.