Wellington Management Group LLP Decreases Stock Position in Salesforce Inc. $CRM

Wellington Management Group LLP lessened its stake in Salesforce Inc. (NYSE:CRM) by 23.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,197,032 shares of the CRM provider’s stock after selling 666,889 shares during the period. Wellington Management Group LLP’s holdings in Salesforce were worth $344,187,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of CRM. Temasek Holdings Private Ltd increased its stake in shares of Salesforce by 3.7% during the fourth quarter. Temasek Holdings Private Ltd now owns 683,790 shares of the CRM provider’s stock valued at $181,143,000 after buying an additional 24,332 shares during the period. SFE Investment Counsel lifted its stake in Salesforce by 82.7% in the fourth quarter. SFE Investment Counsel now owns 17,394 shares of the CRM provider’s stock worth $4,608,000 after acquiring an additional 7,871 shares during the period. Fluent Financial LLC bought a new stake in Salesforce in the second quarter valued at $2,265,000. Secured Retirement Advisors LLC bought a new stake in Salesforce in the first quarter valued at $1,004,000. Finally, Janus Henderson Group PLC increased its position in Salesforce by 2.5% during 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. 80.43% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently commented on CRM. HC Wainwright cut shares of Salesforce to a “negative” rating in a research report on Thursday, June 18th. Erste Group Bank raised Salesforce from a “hold” rating to a “buy” rating in a research report on Wednesday, August 5th. B. Riley Financial raised their target price on Salesforce from $205.00 to $240.00 and gave the company a “buy” rating in a research note on Thursday, May 28th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Salesforce in a research report on Thursday. Finally, Bank of America started coverage on shares of Salesforce in a report on Monday, May 18th. They issued an “underperform” rating and a $160.00 price objective on the stock. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, fifteen have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $261.15.

Salesforce News Summary

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Strong quarterly beat and raised outlook: Salesforce reported adjusted EPS of $5.90 versus the $3.27 consensus estimate, while revenue rose 10.8% year over year to $11.35 billion, broadly topping expectations. Management raised its fiscal 2027 revenue outlook to approximately $46.1 billion-$46.4 billion and pointed to stronger bookings, lower attrition and potential organic growth reacceleration. Salesforce Stock Soars After Strong Results, Raised Outlook
• Positive Sentiment: AI partnership strengthens the growth narrative: Salesforce expanded its alliance with Anthropic, integrating Claude into Agentforce and launching “Claudeforce,” which places Salesforce CRM capabilities inside Claude. Investors viewed the agreement as evidence that Salesforce can monetize AI and benefit from rising usage; Agentforce and Data 360 annual recurring revenue approached $3.9 billion, with Agentforce ARR reaching about $1.5 billion. Salesforce Soars on Earnings Beat and AI Partnership
• Positive Sentiment: Analyst and institutional support: Wolfe Research upgraded CRM to “strong buy,” while several firms raised price targets, including Truist to $300, JPMorgan to $265 and Mizuho to $265. Heavy trading and reports of institutional buying suggest investors are reassessing the stock’s valuation and the broader software sector’s AI prospects.
• Neutral Sentiment: Profit quality warrants scrutiny: Strategic investment gains contributed $2.53 of the $5.90 adjusted EPS, including an estimated $2.7 billion unrealized gain tied to Salesforce’s Anthropic investment. This boosted reported earnings but may not represent recurring operating performance. Salesforce Stock Just Soared. Thank Anthropic.
• Negative Sentiment: Valuation and execution risks remain: After the rally, some analysts still see limited upside or downside, with UBS, Citi, Morgan Stanley and Wells Fargo retaining neutral or equivalent ratings. Critics also caution that Anthropic could control the AI orchestration layer, potentially limiting Salesforce’s long-term strategic leverage, while the rapid move may already price in much of the AI opportunity.

Salesforce Price Performance

CRM opened at $256.60 on Monday. The firm has a market cap of $211.18 billion, a PE ratio of 23.39, a P/E/G ratio of 1.12 and a beta of 1.16. The stock has a 50-day moving average price of $181.24 and a 200-day moving average price of $182.47. Salesforce Inc. has a 1 year low of $146.32 and a 1 year high of $269.11. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.84 and a quick ratio of 0.84.

Salesforce (NYSE:CRM) last announced its quarterly earnings data on Wednesday, August 26th. The CRM provider reported $5.90 EPS for the quarter, beating the consensus estimate of $3.27 by $2.63. The company had revenue of $11.35 billion for the quarter, compared to the consensus estimate of $11.33 billion. Salesforce had a net margin of 21.99% and a return on equity of 24.90%. Salesforce’s revenue for the quarter was up 10.8% on a year-over-year basis. During the same period in the prior year, the firm posted $2.91 EPS. Salesforce has set its FY 2027 guidance at 16.670-16.710 EPS and its Q3 2027 guidance at 3.420-3.440 EPS. Sell-side analysts predict that Salesforce Inc. will post 12.77 earnings per share for the current fiscal year.

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.