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ABN AMRO Bank N.V. Makes New $6.03 Million Investment in Salesforce Inc. $CRM

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Key Points

  • ABN AMRO Bank acquired 38,335 Salesforce shares worth approximately $6.03 million, while institutional investors and hedge funds collectively own 80.43% of the company.
  • Salesforce reported quarterly earnings of $3.88 per share and revenue of $11.13 billion, exceeding estimates; revenue increased 13.3% year over year. The company also pays a quarterly dividend of $0.44, yielding 0.9% annually.
  • Analyst sentiment remains broadly positive, with a “Moderate Buy” consensus and an average price target of $249.05, supported by optimism around Agentforce and share buybacks. However, some investors warn that AI-native competitors could threaten Salesforce’s traditional CRM business.
  • Five stocks to consider instead of Salesforce.

ABN AMRO Bank N.V. acquired a new stake in shares of Salesforce Inc. (NYSE:CRM - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 38,335 shares of the CRM provider's stock, valued at approximately $6,026,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Commonwealth Retirement Investments LLC purchased a new stake in Salesforce during the fourth quarter worth approximately $25,000. Key Capital Management INC acquired a new position in shares of Salesforce during the 4th quarter valued at $26,000. Gilpin Wealth Management LLC acquired a new position in shares of Salesforce during the 4th quarter valued at $26,000. Texas Capital Bancshares Inc TX purchased a new stake in Salesforce during the 3rd quarter worth $28,000. Finally, Swiss RE Ltd. purchased a new stake in Salesforce during the 4th quarter worth $28,000. 80.43% of the stock is currently owned by institutional investors and hedge funds.

Salesforce Stock Performance

NYSE:CRM opened at $195.86 on Friday. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.79 and a quick ratio of 0.79. The firm has a 50-day moving average of $171.41 and a two-hundred day moving average of $182.28. The stock has a market cap of $160.41 billion, a P/E ratio of 22.67, a PEG ratio of 1.06 and a beta of 1.16. 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 earnings results on Wednesday, May 27th. The CRM provider reported $3.88 earnings per share for the quarter, beating the consensus estimate of $3.13 by $0.75. Salesforce had a return on equity of 18.72% and a net margin of 18.73%.The company had revenue of $11.13 billion during the quarter, compared to the consensus estimate of $11.05 billion. During the same period last year, the firm earned $2.58 earnings per share. The company's revenue was up 13.3% on a year-over-year basis. 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, research analysts expect that Salesforce Inc. will post 10.27 earnings per share for the current fiscal year.

Salesforce Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 2nd. Shareholders of record on Thursday, June 11th were given a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend was Thursday, June 11th. Salesforce's dividend payout ratio is presently 20.37%.

Salesforce News Roundup

Here are the key news stories impacting Salesforce this week:

  • Positive Sentiment: JPMorgan resumed coverage with an Overweight rating and a $250 price target, citing potential acceleration in Salesforce’s core business during the second half of the year. The target implies more than 24% upside from recent levels. JPMorgan bullish Salesforce coverage
  • Positive Sentiment: Monness Crespi & Hardt raised its Salesforce price target to $222 from $200 and maintained a Buy rating. UBS and Wells Fargo also reportedly forecast strong appreciation, reinforcing improving sell-side sentiment. Monness Crespi Salesforce price target
  • Positive Sentiment: Salesforce’s Agentforce platform is gaining traction, giving the company a way to use its large CRM customer base to compete with Microsoft and Oracle in enterprise “agentic” AI. Salesforce agentic AI analysis
  • Positive Sentiment: A Seeking Alpha analysis argues that Salesforce’s $27.1 billion share-repurchase program, equivalent to an estimated 23% net buyback yield, could support earnings-per-share growth. The stock also appears inexpensive at roughly 14 times forward earnings, although buybacks have increased debt. Salesforce buyback analysis
  • Neutral Sentiment: Salesforce has recently posted strong momentum, with reports noting three consecutive weeks of gains and substantial one-month appreciation. That run may be encouraging investors, but it also raises the possibility of profit-taking.
  • Negative Sentiment: Parnassus Investments indicated that Salesforce has lost favor as AI opportunities shift toward competing or substitute technologies. Other commentary likewise warns that alternative software and AI-native tools threaten Salesforce’s traditional CRM franchise. Salesforce AI competition concerns

Wall Street Analyst Weigh In

CRM has been the topic of several research reports. Wall Street Zen lowered Salesforce from a "buy" rating to a "hold" rating in a research report on Saturday, August 1st. Wedbush started coverage on Salesforce in a research report on Wednesday, July 1st. They issued an "outperform" rating for the company. Evercore reiterated an "outperform" rating on shares of Salesforce in a research note on Tuesday, July 14th. Raymond James Financial reiterated a "strong-buy" rating on shares of Salesforce in a report on Tuesday, July 21st. Finally, Wells Fargo & Company boosted their price target on Salesforce from $200.00 to $205.00 and gave the stock an "equal weight" rating in a research report on Wednesday. Two research analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, seventeen have issued a Hold rating and three have given a Sell rating to the company's stock. According to MarketBeat.com, Salesforce presently has an average rating of "Moderate Buy" and an average target price of $249.05.

Check Out Our Latest Report on Salesforce

About Salesforce

(Free Report)

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.

Read More

Institutional Ownership by Quarter for Salesforce (NYSE:CRM)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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