Cibc World Market Inc. Has $47.36 Million Stock Position in Salesforce Inc. $CRM

Key Points

• Cibc World Market Inc. increased its Salesforce stake by 31.4% in the fourth quarter, ending with 178,764 shares valued at about $47.36 million.
• Salesforce delivered a strong quarterly report, posting $3.88 EPS versus $3.13 expected and $11.13 billion in revenue, while revenue rose 13.3% year over year.
• The company continues to reward shareholders and signal confidence, with a $25 billion share repurchase program, a quarterly dividend of $0.44 per share, and recent insider buying by two directors.

Cibc World Market Inc. grew its stake in Salesforce Inc. (NYSE:CRM - Free Report) by 31.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 178,764 shares of the CRM provider's stock after purchasing an additional 42,767 shares during the period. Cibc World Market Inc.'s holdings in Salesforce were worth $47,356,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of CRM. Rockland Trust Co. boosted its stake in Salesforce by 1,145.6% in the third quarter. Rockland Trust Co. now owns 13,066 shares of the CRM provider's stock worth $3,097,000 after purchasing an additional 12,017 shares in the last quarter. Alps Advisors Inc. increased its stake in shares of Salesforce by 98.3% in the third quarter. Alps Advisors Inc. now owns 21,455 shares of the CRM provider's stock valued at $5,085,000 after buying an additional 10,633 shares in the last quarter. Midwest Trust Co raised its holdings in shares of Salesforce by 2.3% in the third quarter. Midwest Trust Co now owns 187,071 shares of the CRM provider's stock valued at $44,336,000 after buying an additional 4,233 shares during the last quarter. Ashton Thomas Private Wealth LLC raised its holdings in shares of Salesforce by 64.2% in the third quarter. Ashton Thomas Private Wealth LLC now owns 30,111 shares of the CRM provider's stock valued at $7,149,000 after buying an additional 11,777 shares during the last quarter. Finally, Gallacher Capital Management LLC acquired a new position in Salesforce during the 3rd quarter worth about $785,000. Institutional investors own 80.43% of the company's stock.

Salesforce Stock Performance

Shares of NYSE:CRM opened at $189.05 on Friday. The firm's 50 day simple moving average is $181.22 and its 200 day simple moving average is $209.06. Salesforce Inc. has a fifty-two week low of $163.52 and a fifty-two week high of $276.80. The company has a market capitalization of $154.84 billion, a price-to-earnings ratio of 21.88, a P/E/G ratio of 1.23 and a beta of 1.16. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.79 and a quick ratio of 0.79.

Salesforce (NYSE:CRM - Get Free Report) last issued its quarterly earnings data on Wednesday, May 27th. The CRM provider reported $3.88 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.13 by $0.75. The firm had revenue of $11.13 billion during the quarter, compared to analysts' expectations of $11.05 billion. Salesforce had a net margin of 18.73% and a return on equity of 18.72%. The business's revenue for the quarter was up 13.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.58 earnings per share. 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 9.89 earnings per share for the current year.

Salesforce announced that its Board of Directors has approved a stock repurchase program on Monday, March 16th that authorizes the company to buyback $25.00 billion in outstanding shares. This buyback authorization authorizes the CRM provider to repurchase up to 14.1% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's board believes its stock is undervalued.

Salesforce Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 2nd. Investors of record on Thursday, June 11th will be given a $0.44 dividend. The ex-dividend date is Thursday, June 11th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 0.9%. Salesforce's dividend payout ratio is currently 20.37%.

Insider Buying and Selling at Salesforce

In other Salesforce news, Director David Blair Kirk purchased 2,570 shares of the company's stock in a transaction dated Wednesday, March 18th. The shares were bought at an average price of $194.62 per share, with a total value of $500,173.40. Following the completion of the transaction, the director directly owned 13,689 shares in the company, valued at $2,664,153.18. This trade represents a 23.11% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Laura Alber acquired 2,571 shares of the business's stock in a transaction dated Thursday, March 19th. The shares were acquired at an average price of $194.58 per share, for a total transaction of $500,265.18. Following the acquisition, the director directly owned 9,530 shares in the company, valued at $1,854,347.40. This represents a 36.94% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 3.50% of the company's stock.

More Salesforce News

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Investor sentiment is being lifted by Salesforce’s expanding AI push, especially the momentum around Agentforce and the company’s investment in Anthropic, which could strengthen its long-term growth narrative. Assessing Salesforce NYSE: CRM Valuation After AI Agentforce Momentum And Anthropic Investment
• Positive Sentiment: Multiple articles highlight Agentforce ARR surpassing $1 billion and growing rapidly, reinforcing the view that Salesforce’s AI products are already contributing meaningful traction and may support future revenue growth. Salesforce's Agentforce ARR Tops $1B: Can It Fuel More Growth for CRM?
• Positive Sentiment: Analyst-style commentary also frames Salesforce as a strong momentum and value stock, suggesting the market may still be revising its view upward after the company’s recent operating updates and conference commentary. Here's Why Salesforce (CRM) is a Strong Momentum Stock
• Neutral Sentiment: Salesforce’s presentations at the Evercore and Bank of America technology conferences likely helped keep the company in focus, but the transcripts themselves do not appear to introduce a major new catalyst. Salesforce, Inc. (CRM) Presents at 2026 Evercore Global TMT Conference Transcript
• Neutral Sentiment: Several valuation-focused articles suggest the stock is being re-rated after recent volatility, with investors weighing strong AI momentum against an already improved share price. Is There Now an Opportunity in Salesforce (CRM) After Recent Share Price Volatility
• Neutral Sentiment: Third-party product news, such as Flosum’s backup and archive update for Salesforce customers, is supportive of the ecosystem but unlikely to move CRM shares materially on its own. Flosum Updates Backup & Archive Solution for Salesforce with Legal Hold, Flexible Retention, and Faster Recovery
• Negative Sentiment: Some recent commentary notes that Salesforce still faces questions around valuation and execution after a sharp run-up, so any disappointment in bookings or AI monetization could pressure the shares. Salesforce: Catch-Up Rally Will Continue; Bookings Rebound Expected In H2

Analyst Ratings Changes

Several research firms have weighed in on CRM. Northland Securities lowered their price objective on shares of Salesforce from $267.00 to $229.00 and set a "market perform" rating for the company in a research report on Tuesday, March 10th. Jefferies Financial Group reiterated a "buy" rating on shares of Salesforce in a research report on Tuesday, May 26th. B. Riley Financial increased their price target on shares of Salesforce from $205.00 to $240.00 and gave the company a "buy" rating in a research note on Thursday, May 28th. Truist Financial set a $280.00 price target on shares of Salesforce in a report on Thursday, February 26th. Finally, Citizens Jmp restated a "market outperform" rating and set a $315.00 target price on shares of Salesforce in a research report on Thursday, May 28th. One investment analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, eight have given a Hold rating and three have issued a Sell rating to the company's stock. According to MarketBeat.com, Salesforce currently has an average rating of "Moderate Buy" and a consensus price target of $257.97.

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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