Quantbot Technologies LP Purchases Shares of 14,184 Salesforce Inc. $CRM

Quantbot Technologies LP purchased a new stake in Salesforce Inc. (NYSE:CRM) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 14,184 shares of the CRM provider’s stock, valued at approximately $2,222,000.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Commonwealth Retirement Investments LLC acquired a new position in Salesforce during the 4th quarter worth $25,000. Gilpin Wealth Management LLC acquired a new stake in shares of Salesforce in the fourth quarter valued at about $26,000. Persistent Asset Partners Ltd bought a new position in shares of Salesforce in the second quarter worth about $27,000. Costello Asset Management INC increased its stake in shares of Salesforce by 410.3% in the first quarter. Costello Asset Management INC now owns 148 shares of the CRM provider’s stock worth $28,000 after purchasing an additional 119 shares during the period. Finally, Gables Capital Management Inc. acquired a new position in shares of Salesforce during the 2nd quarter worth about $28,000. 80.43% of the stock is currently owned by institutional investors and hedge funds.

Salesforce Trading Up 0.0%

Shares of CRM opened at $209.19 on Tuesday. The stock’s 50-day moving average price is $175.23 and its 200 day moving average price is $181.44. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 1.15. The firm has a market capitalization of $171.32 billion, a price-to-earnings ratio of 24.21, a P/E/G ratio of 1.13 and a beta of 1.16. Salesforce Inc. has a 12-month low of $146.32 and a 12-month high of $269.11.

Salesforce (NYSE:CRM) last announced its quarterly earnings data on Wednesday, May 27th. The CRM provider reported $3.88 EPS for the quarter, topping analysts’ consensus estimates of $3.13 by $0.75. The company had revenue of $11.13 billion during the quarter, compared to the consensus estimate of $11.05 billion. Salesforce had a return on equity of 18.72% and a net margin of 18.73%.The company’s quarterly revenue was up 13.3% on a year-over-year basis. During the same quarter last year, the company earned $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, research analysts predict that Salesforce Inc. will post 10.27 earnings per share for the current year.

Salesforce Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 2nd. Shareholders of record on Thursday, June 11th were issued a $0.44 dividend. This represents a $1.76 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Thursday, June 11th. Salesforce’s payout ratio is 20.37%.

Key Salesforce News

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: BTIG Research reaffirmed its Buy rating and set a $255 price target, implying substantial upside from recent trading levels. The bullish view reflects confidence in Salesforce’s AI opportunity and earnings outlook. Benzinga article
• Positive Sentiment: One analyst argues Salesforce remains undervalued, citing its AI-enabled growth potential, modest valuation and significant share repurchases. The company’s reported $27.5 billion buyback has reduced shares outstanding and could provide support for earnings per share and the stock. Salesforce Forcing Itself Higher Through Massive Buybacks And AI-Led Growth
• Positive Sentiment: Analysts expect AI cloud demand, acquisitions and disciplined spending to support second-quarter results, with revenue growth forecast at approximately 10.6%. Salesforce is also being discussed as a potential beneficiary of broader enterprise AI adoption. Salesforce Set to Report Q2 Earnings
• Neutral Sentiment: Salesforce has rallied toward the $210 area and is testing a resistance zone near its June high. A strong earnings reaction could determine whether the recent advance continues or stalls. Salesforce Stock Hits a Crucial Resistance Ahead of Earnings
• Negative Sentiment: The main risk is that Salesforce’s earnings report fails to demonstrate a meaningful sales-growth reacceleration. Analysts and investors remain cautious about slower software growth, elevated AI expectations and the possibility that the broader AI trade could weaken. Salesforce Earnings Due: Will Sales Growth Reacceleration Hold Up?

Analysts Set New Price Targets

Several analysts recently weighed in on the company. Wall Street Zen downgraded Salesforce from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $250.00 price target on shares of Salesforce in a research report on Thursday, August 20th. Raymond James Financial reiterated a “strong-buy” rating on shares of Salesforce in a report on Tuesday, July 21st. Roth Capital reissued a “buy” rating and issued a $325.00 price objective on shares of Salesforce in a research report on Thursday, May 28th. Finally, Truist Financial downgraded shares of Salesforce from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 1st. Two investment analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating, eighteen have assigned a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $249.87.

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.