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

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

Other hedge funds also recently modified their holdings of the company. Mmbg Investment Advisors CO. raised its holdings in shares of Salesforce by 8.2% in the 3rd quarter. Mmbg Investment Advisors CO. now owns 79,627 shares of the CRM provider’s stock worth $18,905,000 after purchasing an additional 6,045 shares during the period. NEOS Investment Management LLC grew its stake in Salesforce by 50.0% in the 3rd quarter. NEOS Investment Management LLC now owns 116,874 shares of the CRM provider’s stock valued at $27,699,000 after buying an additional 38,963 shares in the last quarter. SFE Investment Counsel grew its stake in Salesforce by 82.7% in the 4th quarter. SFE Investment Counsel now owns 17,394 shares of the CRM provider’s stock valued at $4,608,000 after buying an additional 7,871 shares in the last quarter. Van ECK Associates Corp grew its stake in Salesforce by 8.9% in the 3rd quarter. Van ECK Associates Corp now owns 1,299,513 shares of the CRM provider’s stock valued at $307,984,000 after buying an additional 106,107 shares in the last quarter. Finally, Fisher Asset Management LLC grew its stake in Salesforce by 2.4% in the 3rd quarter. Fisher Asset Management LLC now owns 4,328,230 shares of the CRM provider’s stock valued at $1,025,791,000 after buying an additional 101,191 shares in the last quarter. Institutional investors own 80.43% of the company’s stock.

Salesforce Stock Performance

NYSE CRM opened at $166.07 on Monday. Salesforce Inc. has a 52-week low of $161.40 and a 52-week high of $276.80. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.79 and a current ratio of 0.79. The company has a market capitalization of $136.01 billion, a P/E ratio of 19.22, a P/E/G ratio of 1.03 and a beta of 1.16. The company has a fifty day moving average of $180.10 and a 200-day moving average of $206.75.

Salesforce (NYSE:CRM) last posted its quarterly earnings data on Wednesday, May 27th. The CRM provider reported $3.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.13 by $0.75. Salesforce had a net margin of 18.73% and a return on equity of 18.72%. The company had revenue of $11.13 billion during the quarter, compared to the consensus estimate of $11.05 billion. During the same period in the previous year, the firm posted $2.58 EPS. The firm’s revenue was up 13.3% compared to the same quarter last year. 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, equities research analysts predict that Salesforce Inc. will post 10.29 EPS for the current fiscal year.

Salesforce Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 2nd. Stockholders of record on Thursday, June 11th will be issued a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Thursday, June 11th. Salesforce’s payout ratio is currently 20.37%.

Salesforce announced that its board has authorized a stock repurchase program on Monday, March 16th that allows the company to repurchase $25.00 billion in shares. This repurchase authorization allows the CRM provider to repurchase up to 14.1% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s leadership believes its stock is undervalued.

Analyst Upgrades and Downgrades

CRM has been the subject of a number of recent research reports. Citizens Jmp reiterated a “market outperform” rating and issued a $315.00 price objective on shares of Salesforce in a research note on Thursday, May 28th. Northland Securities reduced their price objective on shares of Salesforce from $267.00 to $229.00 and set a “market perform” rating for the company in a research note on Tuesday, March 10th. Wall Street Zen upgraded shares of Salesforce from a “hold” rating to a “buy” rating in a research report on Saturday, June 6th. UBS Group restated a “market outperform” rating on shares of Salesforce in a research report on Thursday, May 28th. Finally, Weiss Ratings upgraded shares of Salesforce from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, June 3rd. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, nine have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $259.26.

Key Salesforce News

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

Insiders Place Their Bets

In related news, Director Laura Alber acquired 2,571 shares of the company’s stock in a transaction dated Thursday, March 19th. The stock was bought at an average cost of $194.58 per share, with a total value of $500,265.18. Following the acquisition, the director owned 9,530 shares of the company’s stock, valued at approximately $1,854,347.40. The trade was a 36.94% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director David Blair Kirk acquired 2,570 shares of the company’s stock in a transaction dated Wednesday, March 18th. The shares were bought at an average cost of $194.62 per share, with a total value of $500,173.40. Following the completion of the acquisition, the director directly owned 13,689 shares in the company, valued at $2,664,153.18. The trade was a 23.11% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders own 3.50% of the company’s stock.

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.