Bantamac Capital LLC Invests $727,000 in Salesforce Inc. $CRM

Bantamac Capital LLC acquired a new stake in Salesforce Inc. (NYSE:CRM - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 4,640 shares of the CRM provider's stock, valued at approximately $727,000. Salesforce makes up approximately 0.4% of Bantamac Capital LLC's portfolio, making the stock its 27th largest holding.

Other hedge funds and other institutional investors have also modified their holdings of the company. Temasek Holdings Private Ltd boosted its holdings in shares of Salesforce by 3.7% during the fourth quarter. Temasek Holdings Private Ltd now owns 683,790 shares of the CRM provider's stock worth $181,143,000 after acquiring an additional 24,332 shares during the period. SFE Investment Counsel increased its stake in shares of Salesforce by 82.7% during the fourth quarter. SFE Investment Counsel now owns 17,394 shares of the CRM provider's stock worth $4,608,000 after purchasing an additional 7,871 shares during the period. Fluent Financial LLC acquired a new stake in Salesforce during the 2nd quarter worth approximately $2,265,000. Secured Retirement Advisors LLC acquired a new stake in Salesforce during the 1st quarter worth approximately $1,004,000. Finally, Janus Henderson Group PLC boosted its stake in Salesforce by 2.5% in the 1st quarter. Janus Henderson Group PLC now owns 127,739 shares of the CRM provider's stock valued at $23,846,000 after purchasing an additional 3,125 shares during the period. Institutional investors and hedge funds own 80.43% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on CRM shares. Wells Fargo & Company increased their price objective on Salesforce from $200.00 to $205.00 and gave the stock an "equal weight" rating in a research report on Wednesday, August 12th. Evercore restated an "outperform" rating on shares of Salesforce in a research report on Tuesday, July 14th. Wall Street Zen cut shares of Salesforce from a "buy" rating to a "hold" rating in a report on Saturday, August 1st. JPMorgan Chase & Co. began coverage on Salesforce in a research note on Thursday, August 13th. They issued an "overweight" rating and a $250.00 price target for the company. Finally, Citigroup increased their price target on Salesforce from $187.00 to $204.00 and gave the stock a "neutral" rating in a research report on Tuesday. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating, eighteen have given a Hold rating and three have issued a Sell rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $249.49.

Key Stories Impacting Salesforce

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Agentforce adoption is accelerating. Salesforce’s Agentforce annual recurring revenue reportedly surged 205%, suggesting rising customer usage and deeper integration of AI agents into its CRM platform. This supports the company’s efforts to remain competitive in enterprise AI. Will Agentforce Help Salesforce Stay Ahead in the Enterprise AI Race?
• Positive Sentiment: Salesforce expanded Headless 360 across its portfolio, potentially giving customers more flexible ways to deploy Salesforce data and services across digital channels. Broader product integration could support retention, cross-selling and long-term platform value. Salesforce Expands Headless 360 Across Its Portfolio
• Positive Sentiment: Sector rotation and value interest are supporting CRM. Investors have been moving from semiconductor stocks into underperforming software names, while some analysts characterize Salesforce as attractively valued for long-term investors. Netflix, Salesforce, and Adobe Rally as Investors Rotate
• Neutral Sentiment: The upcoming August 26 earnings report is the next major catalyst. Salesforce recently exceeded quarterly EPS and revenue expectations, but investors will focus on forward guidance, Agentforce monetization and whether growth can reaccelerate. Salesforce Projected to Announce Earnings
• Positive Sentiment: Anthropic exposure offers a potential strategic benefit. Salesforce has participated in Anthropic funding rounds and integrates Claude, giving CRM indirect exposure to the enterprise AI company’s reported growth and possible future valuation gains. The Pre-IPO Playbook: How to Cash in on Anthropic Before the Bell
• Negative Sentiment: Near-term earnings expectations remain a risk. Zacks said Salesforce lacks the combination of factors that typically supports a likely earnings beat, raising the possibility of disappointment if guidance or AI-related results fall short. Salesforce Earnings Expected to Grow
• Negative Sentiment: Analyst upgrades have not consistently translated into sustained gains. This keeps the stock dependent on tangible earnings evidence, particularly as investors question whether generative AI could weaken traditional software business models. Analyst upgrades keep failing Salesforce

Salesforce Stock Up 5.0%

CRM stock opened at $205.92 on Thursday. Salesforce Inc. has a 12 month low of $146.32 and a 12 month high of $269.11. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 1.15. The stock has a market capitalization of $168.65 billion, a P/E ratio of 23.83, a price-to-earnings-growth ratio of 1.06 and a beta of 1.16. The firm has a 50-day moving average price of $172.69 and a 200-day moving average price of $181.41.

Salesforce (NYSE:CRM - Get Free Report) last announced its quarterly earnings results on Wednesday, May 27th. The CRM provider reported $3.88 EPS for the quarter, beating 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 for the quarter, compared to analyst estimates of $11.05 billion. During the same period last year, the firm posted $2.58 earnings per share. The business's revenue for the quarter 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. As a group, equities research analysts anticipate that Salesforce Inc. will post 10.27 EPS for the current fiscal 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 paid a $0.44 dividend. The ex-dividend date of this dividend was Thursday, June 11th. This represents a $1.76 annualized dividend and a yield of 0.9%. Salesforce's payout ratio is 20.37%.

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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