39,089 Shares in Salesforce Inc. $CRM Acquired by Allworth Financial LP

Key Points

• Allworth Financial LP acquired 39,089 Salesforce shares during the second quarter, valued at approximately $6.1 million. Institutional investors collectively own 80.43% of Salesforce.
• Salesforce reported quarterly EPS of $3.88, exceeding the $3.13 consensus estimate, while revenue rose 13.3% year over year to $11.13 billion. The company also pays a quarterly dividend of $0.44 per share, representing a 0.9% yield.
• Analysts maintain a generally positive outlook, with Salesforce carrying a “Moderate Buy” consensus rating and an average price target of $249.87, although several firms have recently downgraded the stock to neutral or hold.

Allworth Financial LP purchased a new position in Salesforce Inc. (NYSE:CRM - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 39,089 shares of the CRM provider's stock, valued at approximately $6,124,000.

Other institutional investors also recently modified their holdings of the company. BlackRock Inc. bought a new stake in shares of Salesforce during the 2nd quarter worth $11,396,844,000. J. Stern & Co. LLP raised its position in shares of Salesforce by 24,056.7% during the fourth quarter. J. Stern & Co. LLP now owns 47,385,511 shares of the CRM provider's stock worth $12,552,896,000 after purchasing an additional 47,189,352 shares during the period. Norges Bank purchased a new stake in shares of Salesforce during the fourth quarter valued at $3,182,951,000. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Salesforce by 130.2% during the first quarter. Arrowstreet Capital Limited Partnership now owns 12,659,217 shares of the CRM provider's stock valued at $2,363,096,000 after purchasing an additional 7,160,302 shares during the last quarter. Finally, Bank of New York Mellon Corp acquired a new position in shares of Salesforce in the 2nd quarter valued at $844,928,000. Institutional investors own 80.43% of the company's stock.

Analyst Ratings Changes

CRM has been the topic of a number of analyst reports. Citigroup lifted their price target on Salesforce from $187.00 to $204.00 and gave the stock a "neutral" rating in a research note on Tuesday. Wells Fargo & Company upped their price objective on shares of Salesforce from $200.00 to $205.00 and gave the company an "equal weight" rating in a research note on Wednesday, August 12th. HC Wainwright cut shares of Salesforce to a "negative" rating in a report on Thursday, June 18th. Wolfe Research downgraded shares of Salesforce from an "outperform" rating to a "hold" rating in a research report on Wednesday, July 1st. Finally, Piper Sandler lowered shares of 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 assigned a Buy rating, eighteen have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $249.87.

Salesforce Stock Down 0.2%

NYSE:CRM opened at $205.61 on Friday. The business's fifty day moving average price is $173.47 and its 200 day moving average price is $181.36. The firm has a market capitalization of $168.39 billion, a price-to-earnings ratio of 23.80, a PEG ratio of 1.11 and a beta of 1.16. 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 Inc. has a 1-year low of $146.32 and a 1-year high of $269.11.

Salesforce (NYSE:CRM - Get Free Report) 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. 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 last year, the company posted $2.58 EPS. The business's quarterly revenue 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. On average, sell-side analysts forecast that Salesforce Inc. will post 10.27 earnings per share for the current fiscal year.

Salesforce Dividend Announcement

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

Salesforce News Roundup

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

About Salesforce

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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