104,529 Shares in Salesforce Inc. $CRM Bought by OVERSEA CHINESE BANKING Corp Ltd

Key Points

• OVERSEA CHINESE BANKING Corp Ltd bought 104,529 Salesforce shares worth approximately $16.4 million in the second quarter. Other institutions also initiated positions, with institutional investors owning 80.43% of CRM.
• Salesforce reported quarterly earnings of $3.88 per share, exceeding the $3.13 consensus, while revenue rose 13.3% year over year to $11.13 billion. The company also declared a quarterly dividend of $0.44 per share, equal to a 0.9% yield.
• Analysts maintain a consensus “Moderate Buy” rating with an average price target of $249.87, although several firms recently downgraded the stock to Hold or Neutral. Investors remain focused on Salesforce’s AI adoption and upcoming earnings for evidence of sustained growth.

OVERSEA CHINESE BANKING Corp Ltd bought a new stake in shares of Salesforce Inc. (NYSE:CRM - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 104,529 shares of the CRM provider's stock, valued at approximately $16,376,000.

Several other hedge funds have also modified their holdings of the stock. E Fund Management Co. Ltd. acquired a new position in shares of Salesforce in the 2nd quarter valued at $3,485,000. Asahi Life Asset Management CO. LTD. acquired a new stake in Salesforce during the 2nd quarter worth about $1,182,000. Frazier Financial Advisors LLC purchased a new stake in Salesforce during the second quarter valued at about $62,000. Edmond DE Rothschild Holding S.A. purchased a new stake in Salesforce during the second quarter valued at about $1,417,000. Finally, United Bank acquired a new position in shares of Salesforce in the second quarter worth about $1,766,000. 80.43% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

CRM has been the topic of several analyst reports. Citigroup lifted their target price on shares of Salesforce from $187.00 to $204.00 and gave the stock a "neutral" rating in a research report on Tuesday. Wolfe Research lowered shares of Salesforce from an "outperform" rating to a "hold" rating in a research note on Wednesday, July 1st. CLSA started coverage on shares of Salesforce in a research report on Monday, July 20th. They set a "hold" rating and a $165.00 price objective on the stock. HC Wainwright downgraded shares of Salesforce to a "negative" rating in a research note on Thursday, June 18th. Finally, Piper Sandler lowered Salesforce from an "overweight" rating to a "neutral" rating in a report on Thursday, May 28th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating, eighteen have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $249.87.

Salesforce Trading Down 0.2%

Salesforce stock opened at $205.61 on Friday. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 1.15. Salesforce Inc. has a 12 month low of $146.32 and a 12 month high of $269.11. The company's fifty day simple moving average is $173.47 and its 200-day simple moving average is $181.36. The stock has a market cap of $168.39 billion, a P/E ratio of 23.80, a P/E/G ratio of 1.11 and a beta of 1.16.

Salesforce (NYSE:CRM - Get Free Report) last posted its quarterly earnings results on Wednesday, May 27th. The CRM provider reported $3.88 earnings per share 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 business's quarterly revenue was up 13.3% on a year-over-year basis. During the same period last year, the business 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, sell-side analysts forecast that Salesforce Inc. will post 10.27 EPS for the current fiscal year.

Salesforce Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, July 2nd. Shareholders of record on Thursday, June 11th were issued a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a yield of 0.9%. The ex-dividend date was Thursday, June 11th. Salesforce's dividend payout ratio (DPR) is 20.37%.

Trending Headlines about Salesforce

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Analyst targets imply upside. Guggenheim reaffirmed its “buy” rating with a $228 price target, while Cantor Fitzgerald maintained an “overweight” rating and a $250 target. Cantor expects Salesforce to capture a meaningful share of next-generation agentic workflows. Guggenheim analyst rating Cantor Fitzgerald analyst comments
• Positive Sentiment: Agentforce momentum is a key bullish argument. Salesforce’s Agentforce annual recurring revenue reportedly surged 205% as customer adoption increased, strengthening the case that its AI offering can support growth and deepen customer integration. Agentforce AI analysis
• Positive Sentiment: New product distribution could expand Salesforce’s ecosystem. Agiloft announced Agiloft for Salesforce on Salesforce AgentExchange, while Salesforce is expanding its Headless 360 portfolio. These developments highlight efforts to make its platform more flexible and useful for enterprise AI and workflow applications. Agiloft for Salesforce announcement Headless 360 expansion
• Neutral Sentiment: Earnings are the immediate test. Salesforce is expected to report fiscal Q2 2027 results on August 26. Investors are looking for evidence that AI adoption is translating into revenue growth and sustainable guidance; recent commentary points to expectations for earnings growth but does not establish a likely beat. Salesforce earnings preview
• Neutral Sentiment: Valuation and strategic positioning remain debated. Some coverage calls CRM a long-term value opportunity, while other analysis questions whether it could be a value trap. Salesforce’s potential indirect exposure to Anthropic also adds interest, but the benefit depends on future commercial partnerships and adoption. Salesforce value trap analysis
• Negative Sentiment: Analyst support has not resolved investor concerns. Commentary notes that repeated upgrades have failed to produce a durable rerating, keeping the focus on August 26 results rather than opinion changes from Wall Street. Analyst upgrades and Salesforce earnings
• Negative Sentiment: Salesforce may lack the setup for an earnings beat. Zacks said CRM does not currently have the right combination of indicators that typically supports a likely earnings surprise, raising the risk of disappointment if guidance or AI monetization falls short. Salesforce earnings expectations

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.

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