F m Investments LLC Buys 3,871 Shares of Salesforce Inc. $CRM

Key Points

• F m Investments LLC increased its Salesforce stake by 22.1% in the fourth quarter, buying 3,871 additional shares and bringing its total position to 21,367 shares worth about $5.66 million.
• Salesforce continues to lean into AI-driven growth, including the launch of Agentforce Operations, the expansion of Agentforce Sales to ChatGPT, and a new FY27 reporting structure aimed at better showing AI-related revenue contributions.
• The stock has seen mixed signals: analysts still rate it Moderate Buy on average, while Salesforce also returned more cash to shareholders through a higher quarterly dividend and a newly authorized $25 billion share buyback.

F m Investments LLC raised its stake in Salesforce Inc. (NYSE:CRM - Free Report) by 22.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 21,367 shares of the CRM provider's stock after acquiring an additional 3,871 shares during the quarter. F m Investments LLC's holdings in Salesforce were worth $5,660,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Vanguard Group Inc. grew its position in shares of Salesforce by 0.3% during the 4th quarter. Vanguard Group Inc. now owns 89,843,166 shares of the CRM provider's stock worth $23,800,353,000 after purchasing an additional 270,913 shares in the last quarter. State Street Corp grew its position in shares of Salesforce by 0.3% during the 3rd quarter. State Street Corp now owns 49,420,657 shares of the CRM provider's stock worth $11,732,966,000 after purchasing an additional 159,739 shares in the last quarter. Capital International Investors grew its position in shares of Salesforce by 9.4% during the 3rd quarter. Capital International Investors now owns 20,051,119 shares of the CRM provider's stock worth $4,753,519,000 after purchasing an additional 1,729,440 shares in the last quarter. Capital World Investors grew its position in shares of Salesforce by 159.0% during the 3rd quarter. Capital World Investors now owns 17,325,206 shares of the CRM provider's stock worth $4,106,255,000 after purchasing an additional 10,636,161 shares in the last quarter. Finally, Invesco Ltd. grew its position in shares of Salesforce by 11.8% during the 3rd quarter. Invesco Ltd. now owns 7,155,512 shares of the CRM provider's stock worth $1,695,856,000 after purchasing an additional 754,116 shares in the last quarter. Institutional investors and hedge funds own 80.43% of the company's stock.

Salesforce News Summary

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Salesforce launched Agentforce Operations, a new tool designed to automate complex enterprise workflows, and rising adoption of its Agentforce AI platform is helping reinforce the company’s AI growth story. Salesforce AI Shift Agentforce Operations Links Product Adoption To Valuation
• Positive Sentiment: Salesforce is also bringing Agentforce Sales to ChatGPT, which could expand the reach of its AI-driven CRM tools and support adoption with enterprise customers.
• Positive Sentiment: A new revenue reporting structure beginning in FY27 is intended to align disclosures more closely with Salesforce’s AI-led strategy, potentially making it easier for investors to track how AI products are contributing to growth. Salesforce Inc’s (CRM) New Reporting Structure To Give Better Insights Into AI Driven Growth
• Positive Sentiment: Third-party coverage continues to frame CRM as an AI and big-data beneficiary, with analysts highlighting Salesforce as a play on surging analytics demand and enterprise AI adoption. Top Big Data Stocks Powering the AI Boom as Analytics Demand Surges
• Neutral Sentiment: Several articles compare Salesforce with HubSpot and discuss its competitive position in CRM, but these pieces are more strategic than immediately market-moving.
• Negative Sentiment: Recent coverage also raises a leadership succession question around Marc Benioff, which could create some overhang if investors become more focused on long-term governance and continuity risk. Beyond Benioff: Is Salesforce Ready for Life Without Its Founder?
• Negative Sentiment: Salesforce has also been reported as falling in recent trading, suggesting investors may still be cautious despite the company’s AI initiatives.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. Wedbush restated an "outperform" rating and set a $375.00 target price on shares of Salesforce in a research report on Tuesday, February 24th. BTIG Research restated a "buy" rating and set a $255.00 target price on shares of Salesforce in a research report on Friday, April 17th. Citigroup increased their price target on shares of Salesforce from $197.00 to $200.00 and gave the stock a "neutral" rating in a research report on Monday, March 2nd. Truist Financial set a $280.00 price target on shares of Salesforce in a research report on Thursday, February 26th. Finally, UBS Group reduced their price target on shares of Salesforce from $260.00 to $200.00 and set a "neutral" rating on the stock in a research report on Tuesday, February 17th. One research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $279.18.

Insider Buying and Selling at Salesforce

In other Salesforce news, Director Laura Alber purchased 2,571 shares of the company's stock in a transaction dated Thursday, March 19th. The stock was purchased at an average price of $194.58 per share, with a total value of $500,265.18. Following the completion of the purchase, the director owned 9,530 shares of the company's stock, valued at approximately $1,854,347.40. The trade was a 36.94% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director David Blair Kirk purchased 2,570 shares of the company's stock in a transaction dated Wednesday, March 18th. The shares were acquired at an average cost of $194.62 per share, with a total value of $500,173.40. Following the purchase, the director directly owned 13,689 shares of the company's stock, valued at approximately $2,664,153.18. The trade was a 23.11% increase in their position. The disclosure for this purchase is available in the SEC filing. 3.00% of the stock is currently owned by company insiders.

Salesforce Stock Performance

Shares of Salesforce stock opened at $181.67 on Friday. Salesforce Inc. has a fifty-two week low of $163.52 and a fifty-two week high of $296.05. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.76 and a quick ratio of 0.76. The firm has a market capitalization of $148.65 billion, a P/E ratio of 23.26, a P/E/G ratio of 1.29 and a beta of 1.14. The company's 50 day moving average price is $186.78 and its two-hundred day moving average price is $218.91.

Salesforce (NYSE:CRM - Get Free Report) last issued its earnings results on Wednesday, February 25th. The CRM provider reported $3.81 earnings per share for the quarter, beating analysts' consensus estimates of $3.05 by $0.76. Salesforce had a net margin of 17.96% and a return on equity of 15.38%. The firm had revenue of $11.20 billion for the quarter, compared to analyst estimates of $11.18 billion. During the same quarter last year, the business posted $2.78 earnings per share. The company's quarterly revenue was up 12.1% on a year-over-year basis. Salesforce has set its FY 2027 guidance at 13.110-13.190 EPS and its Q1 2027 guidance at 3.110-3.130 EPS. On average, equities analysts forecast that Salesforce Inc. will post 9.71 earnings per share for the current fiscal year.

Salesforce Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 23rd. Stockholders of record on Thursday, April 9th were paid a dividend of $0.44 per share. The ex-dividend date of this dividend was Thursday, April 9th. This is an increase from Salesforce's previous quarterly dividend of $0.42. This represents a $1.76 annualized dividend and a dividend yield of 1.0%. Salesforce's payout ratio is 22.54%.

Salesforce declared that its board has initiated a stock buyback plan on Monday, March 16th that allows the company to buyback $25.00 billion in shares. This buyback authorization allows the CRM provider to reacquire up to 14.1% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's board believes its shares are undervalued.

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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