Salesforce Inc. $CRM Stock Position Reduced by Mathes Company Inc.

Mathes Company Inc. lessened its holdings in Salesforce Inc. (NYSE:CRM) by 87.2% in the first quarter, HoldingsChannel.com reports. The firm owned 1,600 shares of the CRM provider’s stock after selling 10,918 shares during the period. Mathes Company Inc.’s holdings in Salesforce were worth $299,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Commonwealth Retirement Investments LLC acquired a new position in shares of Salesforce during the fourth quarter valued at $25,000. Key Capital Management INC bought a new position in shares of Salesforce in the fourth quarter valued at approximately $26,000. Gilpin Wealth Management LLC bought a new position in Salesforce during the 4th quarter valued at $26,000. Legacy Bridge LLC bought a new position in Salesforce during the fourth quarter valued at about $27,000. Finally, Swiss RE Ltd. acquired a new position in shares of Salesforce in the 4th quarter worth approximately $28,000. 80.43% of the stock is currently owned by institutional investors and hedge funds.

Salesforce Stock Down 2.0%

NYSE CRM opened at $170.37 on Wednesday. The stock’s 50 day moving average is $170.55 and its two-hundred day moving average is $189.35. Salesforce Inc. has a 1-year low of $146.32 and a 1-year high of $274.00. The company has a market capitalization of $139.53 billion, a price-to-earnings ratio of 19.72, a PEG ratio of 0.94 and a beta of 1.18. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 1.15.

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

Salesforce Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 2nd. Investors of record on Thursday, June 11th were given a dividend of $0.44 per share. The ex-dividend date was Thursday, June 11th. This represents a $1.76 dividend on an annualized basis and a yield of 1.0%. Salesforce’s dividend payout ratio is 20.37%.

Analyst Ratings Changes

CRM has been the topic of a number of recent research reports. BMO Capital Markets decreased their target price on Salesforce from $225.00 to $215.00 and set an “outperform” rating on the stock in a report on Thursday, May 28th. Wolfe Research downgraded shares of Salesforce from an “outperform” rating to a “hold” rating in a research report on Wednesday, July 1st. Citizens Jmp reiterated a “market outperform” rating and set a $315.00 price target on shares of Salesforce in a report on Thursday, May 28th. Jefferies Financial Group raised shares of Salesforce from a “buy” rating to a “buy” rating in a research note on Wednesday, July 1st. Finally, Cantor Fitzgerald restated an “overweight” rating and issued a $250.00 target price on shares of Salesforce in a report on Thursday, May 28th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating, seventeen have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $249.51.

Salesforce News Summary

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Some analysts still see Salesforce as attractively valued versus peers, citing faster AI growth and stronger earnings revisions, which supports the case for further upside. Salesforce vs. Adobe: Which Enterprise Software Stock Has the Edge?
• Positive Sentiment: Salesforce continues to draw investor attention, and some bullish commentary points to the stock being far below prior levels with meaningful upside if execution improves. Salesforce Cratered 33% in 2026. One Analyst Sees It Exploding Nearly 200%
• Positive Sentiment: Salesforce’s technology is still being adopted in mission-critical settings, including a broader U.S. Air Force rollout of Missionforce for fleet management. Salesforce (CRM) Lands Broad Air Force Role Managing A Global Military Vehicle Fleet
• Neutral Sentiment: Salesforce remains a widely watched stock, but this mainly reflects ongoing investor interest rather than a clear new fundamental catalyst. Salesforce, Inc. (CRM) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Coverage comparing Salesforce with Adyen and other stocks is mostly informational and does not appear to be a major driver on its own. CRM vs. ADYEY: Which Stock Should Value Investors Buy Now?
• Negative Sentiment: Morgan Stanley’s downgrade and sharply reduced price target are the clearest near-term negative catalysts, reinforcing concerns that upside may be more limited than previously expected. Salesforce slides on back of Morgan Stanley downgrade
• Negative Sentiment: A report about a company canceling a large Salesforce contract in favor of an AI-built CRM highlights competitive pressure from lower-cost, AI-native alternatives. Curative CEO says company ditched a $600k-a-year Salesforce contract after vibecoding a CRM in 2 months
• Negative Sentiment: Fireflies’ new AI Sales Suite adds another AI-driven competitor in sales intelligence and CRM-adjacent software, which could add to long-term competitive concerns for Salesforce. Fireflies launches AI Sales Suite, bringing enterprise sales intelligence to its 20 million users at a fraction of what legacy platforms charge

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.