First Nebraska Trust Co Takes Position in Salesforce Inc. $CRM

Key Points

• First Nebraska Trust Co. bought 31,008 Salesforce shares during the second quarter, valued at approximately $4.86 million. Institutional investors and hedge funds collectively own 80.43% of CRM stock.
• Salesforce’s latest quarterly results exceeded expectations, with adjusted EPS of $3.88 versus the $3.13 consensus and revenue of $11.13 billion, up 13.3% year over year.
• Shares recently traded at $209.20, while analysts maintain a “Moderate Buy” consensus with an average price target of $249.87. Salesforce also pays a quarterly dividend of $0.44 per share, representing a 0.8% yield.

First Nebraska Trust Co bought a new position in Salesforce Inc. (NYSE:CRM - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 31,008 shares of the CRM provider's stock, valued at approximately $4,858,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. raised its position in Salesforce by 0.3% during the fourth quarter. Vanguard Group Inc. now owns 89,843,166 shares of the CRM provider's stock valued at $23,800,353,000 after acquiring an additional 270,913 shares in the last quarter. BlackRock Inc. purchased a new stake in Salesforce in the 2nd quarter worth approximately $11,396,844,000. State Street Corp grew its stake in shares of Salesforce by 1.3% during the 4th quarter. State Street Corp now owns 50,080,230 shares of the CRM provider's stock worth $13,286,909,000 after purchasing an additional 659,573 shares during the period. J. Stern & Co. LLP grew its stake in shares of Salesforce by 24,056.7% during the 4th quarter. J. Stern & Co. LLP now owns 47,385,511 shares of the CRM provider's stock worth $12,552,896,000 after purchasing an additional 47,189,352 shares during the period. Finally, Capital International Investors increased its holdings in shares of Salesforce by 13.3% during the 4th quarter. Capital International Investors now owns 22,721,010 shares of the CRM provider's stock valued at $6,019,199,000 after purchasing an additional 2,669,891 shares in the last quarter. 80.43% of the stock is owned by institutional investors and hedge funds.

Salesforce Trading Up 1.8%

Shares of NYSE:CRM opened at $209.20 on Friday. The business's 50 day moving average price is $174.33 and its 200-day moving average price is $181.56. Salesforce Inc. has a 1 year low of $146.32 and a 1 year high of $269.11. The firm has a market capitalization of $171.33 billion, a price-to-earnings ratio of 24.21, a price-to-earnings-growth ratio of 1.13 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 results on Wednesday, May 27th. The CRM provider reported $3.88 EPS for the quarter, topping the consensus estimate of $3.13 by $0.75. The company had revenue of $11.13 billion during the quarter, compared to analyst estimates of $11.05 billion. Salesforce had a net margin of 18.73% and a return on equity of 18.72%. The firm's revenue was up 13.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.58 EPS. Salesforce has set its FY 2027 guidance at 14.060-14.120 EPS and its Q2 2027 guidance at 3.250-3.270 EPS. On average, equities research analysts forecast that Salesforce Inc. will post 10.27 earnings per share for the current fiscal year.

Salesforce Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, July 2nd. Stockholders of record on Thursday, June 11th were paid a dividend of $0.44 per share. The ex-dividend date of this dividend was Thursday, June 11th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 0.8%. Salesforce's payout ratio is currently 20.37%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on CRM shares. Barclays upgraded shares of Salesforce from an "overweight" rating to an "overweight" rating in a research note on Thursday, June 18th. Bank of America began coverage on shares of Salesforce in a research report on Monday, May 18th. They set an "underperform" rating and a $160.00 price target on the stock. Wedbush initiated coverage on shares of Salesforce in a report on Wednesday, July 1st. They issued an "outperform" rating for the company. Citigroup upped their price objective on shares of Salesforce from $187.00 to $204.00 and gave the stock a "neutral" rating in a research report on Tuesday. Finally, Susquehanna began coverage on shares of Salesforce in a research note on Wednesday, July 1st. They set a "neutral" rating on the stock. Two 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 assigned a Sell rating to the company's stock. According to MarketBeat.com, Salesforce has a consensus rating of "Moderate Buy" and an average target price of $249.87.

Trending Headlines about Salesforce

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

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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