Clear Harbor Asset Management LLC Takes Position in Salesforce Inc. $CRM

Key Points

• Clear Harbor Asset Management purchased 26,654 Salesforce shares during the second quarter, valued at approximately $4.18 million. Institutional investors and hedge funds collectively own 80.43% of the company.
• Salesforce reported quarterly revenue of $11.13 billion, up 13.3% year over year, and EPS of $3.88, exceeding analyst expectations. The company also declared a quarterly dividend of $0.44 per share, equivalent to an annualized yield of 0.8%.
• Wall Street’s consensus rating is Moderate Buy, with an average price target of $249.87, although some analysts recently downgraded the stock to Hold or Neutral. Investors remain focused on Salesforce’s AI growth prospects, buyback program and rising debt-related leverage.

Clear Harbor Asset Management LLC purchased 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 fund purchased 26,654 shares of the CRM provider's stock, valued at approximately $4,176,000.

Other large investors also recently bought and sold shares of the company. Commonwealth Retirement Investments LLC acquired a new stake in Salesforce in the fourth quarter valued at approximately $25,000. Gilpin Wealth Management LLC acquired a new position in shares of Salesforce during the 4th quarter worth approximately $26,000. Persistent Asset Partners Ltd purchased a new position in shares of Salesforce during the 2nd quarter valued at approximately $27,000. Costello Asset Management INC lifted its position in shares of Salesforce by 410.3% during the 1st quarter. Costello Asset Management INC now owns 148 shares of the CRM provider's stock valued at $28,000 after buying an additional 119 shares in the last quarter. Finally, Gables Capital Management Inc. acquired a new stake in Salesforce in the 2nd quarter valued at $28,000. Institutional investors and hedge funds own 80.43% of the company's stock.

Salesforce Trading Up 1.8%

Shares of CRM stock opened at $209.20 on Friday. The stock's fifty day moving average is $174.33 and its two-hundred day moving average is $181.56. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.79 and a current ratio of 0.79. The firm has a market capitalization of $171.33 billion, a P/E ratio of 24.21, a PEG ratio of 1.13 and a beta of 1.16. Salesforce Inc. has a fifty-two week low of $146.32 and a fifty-two week 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 (EPS) for the quarter, topping the consensus estimate of $3.13 by $0.75. Salesforce had a net margin of 18.73% and a return on equity of 18.72%. The company had revenue of $11.13 billion for the quarter, compared to analysts' expectations of $11.05 billion. During the same quarter in the previous year, the company posted $2.58 EPS. The firm's quarterly 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. 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 declared a quarterly dividend, which was paid on Thursday, July 2nd. Investors of record on Thursday, June 11th were given a dividend of $0.44 per share. The ex-dividend date was Thursday, June 11th. This represents a $1.76 dividend on an annualized basis and a yield of 0.8%. Salesforce's payout ratio is presently 20.37%.

Salesforce News Summary

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Favorable earnings setup: Oppenheimer and other analysts see potential upside from Salesforce’s upcoming results, while market expectations point to a possible post-earnings move toward the stock’s highest level since January. Salesforce Faces Favorable Second-Quarter Setup With Upside Potential How Much Salesforce Stock Is Expected to Move After Earnings
• Positive Sentiment: Analyst support: Guggenheim reaffirmed a Buy rating with a $228 price target, while Cantor Fitzgerald maintained an Overweight rating and set a $250 target. The calls reflect confidence that Salesforce can capture demand for next-generation AI-powered, “agentic” enterprise workflows. Cantor Fitzgerald Salesforce Analyst Comment
• Positive Sentiment: Growth and capital returns: Zacks characterizes Salesforce as a strong growth stock, while a report highlights a record $27 billion quarterly share repurchase program. Buybacks could support earnings per share and signal that management views the shares as undervalued. Why Salesforce Is a Strong Growth Stock Salesforce Record Stock Buybacks
• Neutral Sentiment: Results are the next catalyst: Analysts are focused on revenue, EPS, and operating metrics for the quarter ended July 2026. Salesforce previously reported $11.13 billion of quarterly revenue, up 13.3% year over year, and EPS of $3.88, above consensus. Salesforce Q2 Earnings Estimates
• Neutral Sentiment: AI platform positioning: Coverage comparing Salesforce with ServiceNow suggests investors are rotating toward enterprise application software as AI investment broadens beyond hardware. Salesforce’s Headless 360 strategy and the Agiloft integration on AgentExchange offer additional evidence of ecosystem expansion. Salesforce Versus ServiceNow
• Negative Sentiment: Risks remain: The buybacks were funded partly with $25 billion of new debt, increasing leverage and interest obligations. Separate commentary questions whether Salesforce could become a value trap if growth slows or AI monetization disappoints. Salesforce Value Trap Analysis

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the stock. Wedbush started coverage on shares of Salesforce in a report on Wednesday, July 1st. They issued an "outperform" rating for the company. UBS Group increased their price objective on shares of Salesforce from $185.00 to $210.00 and gave the company a "neutral" rating in a report on Wednesday, August 12th. Truist Financial lowered shares of Salesforce from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, July 1st. Piper Sandler cut shares of Salesforce from an "overweight" rating to a "neutral" rating in a research note on Thursday, May 28th. Finally, Oppenheimer restated an "outperform" rating on shares of Salesforce in a research report on Thursday. Two investment analysts have rated the stock with a Strong Buy rating, twenty-four have assigned 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 stock has an average rating of "Moderate Buy" and a consensus target price of $249.87.

Salesforce 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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