O Shaughnessy Asset Management LLC Has $38.41 Million Holdings in Salesforce Inc. $CRM

O Shaughnessy Asset Management LLC grew its position in Salesforce Inc. (NYSE:CRM) by 11.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 144,973 shares of the CRM provider’s stock after purchasing an additional 15,327 shares during the period. O Shaughnessy Asset Management LLC’s holdings in Salesforce were worth $38,405,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Hilton Head Capital Partners LLC acquired a new position in Salesforce in the 4th quarter worth about $997,000. Krane Funds Advisors LLC increased its position in Salesforce by 0.7% in the 4th quarter. Krane Funds Advisors LLC now owns 8,254 shares of the CRM provider’s stock worth $2,187,000 after purchasing an additional 57 shares during the last quarter. Locust Wood Capital Advisers LLC increased its position in Salesforce by 38.9% in the 4th quarter. Locust Wood Capital Advisers LLC now owns 338,038 shares of the CRM provider’s stock worth $89,550,000 after purchasing an additional 94,597 shares during the last quarter. CNB Bank increased its position in Salesforce by 4.0% in the 4th quarter. CNB Bank now owns 5,725 shares of the CRM provider’s stock worth $1,517,000 after purchasing an additional 221 shares during the last quarter. Finally, Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna increased its position in Salesforce by 16.2% in the 4th quarter. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna now owns 17,490 shares of the CRM provider’s stock worth $4,633,000 after purchasing an additional 2,440 shares during the last quarter. 80.43% of the stock is owned by institutional investors and hedge funds.

More Salesforce News

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Salesforce announced a landmark partnership with FIFA for the 2026 World Cup and 2027 Women’s World Cup, which could showcase its AI-driven Agentforce 360 platform to a massive global audience and potentially drive future enterprise demand. Article Title
• Positive Sentiment: KeyCorp kept an Overweight rating and a $290 price target on Salesforce, while modeling earnings above consensus for FY2027, signaling continued analyst confidence in the company’s profit growth. Article Title
• Positive Sentiment: Recent commentary highlights Salesforce’s strong momentum, helped by its AI strategy, Agentforce rollout, recurring revenue base, and expanding free cash flow, which may keep long-term investors interested. Article Title
• Neutral Sentiment: Salesforce’s presentation at the Evercore Global TMT Conference and valuation-focused coverage suggest investors are still reassessing how much of the AI and Agentforce optimism is already priced in. Article Title
• Negative Sentiment: Bridgewater Associates reportedly sold Salesforce, which can pressure sentiment in the near term, although the article argues that institutional selling may create a better entry point for patient investors. Article Title

Insider Activity at Salesforce

In other Salesforce news, Director David Blair Kirk bought 2,570 shares of the firm’s stock in a transaction that occurred on Wednesday, March 18th. The stock was purchased at an average price of $194.62 per share, for a total transaction of $500,173.40. Following the purchase, the director directly owned 13,689 shares in the company, valued at $2,664,153.18. This trade represents a 23.11% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Laura Alber bought 2,571 shares of the firm’s stock in a transaction that occurred on Thursday, March 19th. The shares were acquired at an average price of $194.58 per share, with a total value of $500,265.18. Following the purchase, the director owned 9,530 shares in the company, valued at $1,854,347.40. This trade represents a 36.94% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 3.50% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on CRM. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $250.00 target price on shares of Salesforce in a research report on Thursday, May 28th. Wells Fargo & Company dropped their target price on Salesforce from $210.00 to $200.00 and set an “equal weight” rating on the stock in a research report on Thursday, May 28th. JPMorgan Chase & Co. dropped their target price on Salesforce from $365.00 to $320.00 and set an “overweight” rating on the stock in a research report on Thursday, February 26th. UBS Group reissued a “market outperform” rating on shares of Salesforce in a report on Thursday, May 28th. Finally, Canaccord Genuity Group lowered their price objective on Salesforce from $250.00 to $225.00 and set a “buy” rating on the stock in a report on Thursday, May 28th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $257.97.

Salesforce Stock Performance

Shares of NYSE CRM opened at $185.85 on Monday. 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 firm has a market cap of $152.21 billion, a price-to-earnings ratio of 21.51, a P/E/G ratio of 1.15 and a beta of 1.16. The business’s 50-day simple moving average is $181.31 and its 200-day simple moving average is $208.71. Salesforce Inc. has a 52 week low of $163.52 and a 52 week high of $276.80.

Salesforce (NYSE:CRM) last issued its quarterly earnings data on Wednesday, May 27th. The CRM provider reported $3.88 EPS for the quarter, beating analysts’ consensus estimates of $3.13 by $0.75. The business had revenue of $11.13 billion for the quarter, compared to analyst estimates of $11.05 billion. Salesforce had a return on equity of 18.72% and a net margin of 18.73%.The firm’s revenue for the quarter was up 13.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.58 EPS. 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 expect that Salesforce Inc. will post 10.3 earnings per share for the current fiscal year.

Salesforce announced that its Board of Directors has authorized a stock repurchase plan on Monday, March 16th that allows the company to buyback $25.00 billion in shares. This buyback authorization allows the CRM provider to reacquire up to 14.1% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s leadership believes its shares are undervalued.

Salesforce Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 2nd. Investors of record on Thursday, June 11th will be paid a dividend of $0.44 per share. The ex-dividend date is Thursday, June 11th. This represents a $1.76 annualized dividend and a yield of 0.9%. Salesforce’s dividend payout ratio is presently 20.37%.

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.