B. Metzler seel. Sohn & Co. AG Sells 30,722 Shares of Salesforce Inc. $CRM

B. Metzler seel. Sohn & Co. AG lowered its holdings in shares of Salesforce Inc. (NYSE:CRM - Free Report) by 23.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 101,305 shares of the CRM provider's stock after selling 30,722 shares during the quarter. B. Metzler seel. Sohn & Co. AG's holdings in Salesforce were worth $15,870,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the business. Commonwealth Retirement Investments LLC bought a new stake in shares of Salesforce during the 4th quarter worth $25,000. Gilpin Wealth Management LLC acquired a new position in Salesforce in the 4th quarter valued at $26,000. Birchwood Financial Partners Inc. bought a new position in Salesforce in the 4th quarter worth $28,000. Swiss RE Ltd. acquired a new position in Salesforce during the 4th quarter worth $28,000. Finally, Dogwood Wealth Management LLC lifted its position in Salesforce by 285.7% during the 4th quarter. Dogwood Wealth Management LLC now owns 108 shares of the CRM provider's stock worth $29,000 after acquiring an additional 80 shares during the last quarter. Institutional investors and hedge funds own 80.43% of the company's stock.

Salesforce Stock Down 0.5%

CRM opened at $256.93 on Thursday. Salesforce Inc. has a fifty-two week low of $146.32 and a fifty-two week high of $269.11. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.84 and a quick ratio of 0.84. The firm's fifty day moving average price is $187.58 and its two-hundred day moving average price is $183.95. The company has a market capitalization of $211.45 billion, a P/E ratio of 23.42, a P/E/G ratio of 1.20 and a beta of 1.20.

Salesforce (NYSE:CRM - Get Free Report) last issued its earnings results on Wednesday, August 26th. The CRM provider reported $5.90 earnings per share for the quarter, beating the consensus estimate of $3.27 by $2.63. The business had revenue of $11.35 billion for the quarter, compared to analyst estimates of $11.33 billion. Salesforce had a net margin of 21.99% and a return on equity of 24.90%. The firm's revenue was up 10.8% on a year-over-year basis. During the same period in the previous year, the business earned $2.91 EPS. Salesforce has set its FY 2027 guidance at 16.670-16.710 EPS and its Q3 2027 guidance at 3.420-3.440 EPS. On average, analysts anticipate that Salesforce Inc. will post 12.64 EPS for the current year.

Key Stories Impacting Salesforce

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Salesforce announced a partnership with Anthropic to integrate Claude into its platform through “Claudeforce.” The offering is intended to combine Claude’s reasoning capabilities with Salesforce customer data, potentially strengthening Agentforce and supporting higher-value enterprise AI growth. Salesforce partners with Anthropic to integrate Claude AI into its ecosystem
• Positive Sentiment: Recent fiscal second-quarter results exceeded expectations, with adjusted EPS of $5.90 versus the $3.27 consensus and revenue of $11.35 billion. Salesforce also raised its outlook, while rapid adoption of Agentforce and Data 360 is reinforcing the view that AI can expand—not undermine—its software business. Is Salesforce cheap on strong Q2 results and higher guidance?
• Positive Sentiment: Analysts continue to raise their expectations: Cantor Fitzgerald lifted its target to $300 and assigned an Overweight rating, while BTIG reaffirmed Buy with a $300 target. Needham also reiterated Buy and set a more bullish $400 target. Salesforce analyst forecasts
• Positive Sentiment: BTIG said it is incrementally more confident that Salesforce’s business trends are improving, adding support to the recovery thesis following the company’s stronger quarter and raised guidance. BTIG comments on Salesforce business trends
• Neutral Sentiment: Salesforce has rallied sharply since its earnings report, with commentary highlighting a broader rebound in enterprise software and the unwinding of bearish hedge-fund positions. This improves sentiment but also leaves the stock vulnerable to profit-taking. Jim Cramer discusses the enterprise software rebound
• Negative Sentiment: Some analysts remain cautious about the pace of future earnings growth. Northland Securities raised its FY2027 EPS estimate but reduced projections for the third and fourth quarters and slightly lowered its FY2028 forecast, underscoring execution risk after the guidance increase. Salesforce raised guidance and must deliver revenue acceleration
• Negative Sentiment: Technical commentary describes CRM as overbought after its recent surge. Investors may be locking in gains while waiting for evidence that AI bookings and revenue growth can accelerate enough to justify the higher valuation. Salesforce may be overbought

Analyst Ratings Changes

CRM has been the topic of several research analyst reports. Wall Street Zen downgraded Salesforce from a "buy" rating to a "hold" rating in a research report on Saturday, August 1st. BMO Capital Markets boosted their price objective on Salesforce from $230.00 to $260.00 and gave the stock an "outperform" rating in a research report on Thursday, August 27th. Truist Financial restated a "buy" rating and set a $300.00 target price (up from $280.00) on shares of Salesforce in a research note on Thursday, August 27th. TD Cowen raised their target price on Salesforce from $240.00 to $280.00 and gave the company a "buy" rating in a report on Thursday, August 27th. Finally, Citigroup lifted their price target on Salesforce from $204.00 to $233.00 and gave the stock a "neutral" rating in a research report on Thursday, August 27th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, fifteen have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $266.50.

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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