Fjarde AP Fonden Fourth Swedish National Pension Fund Has $51.57 Million Stake in Salesforce Inc. $CRM

Key Points

• Fjarde AP Fonden cut its Salesforce stake by 1.6% in the fourth quarter, but still held 194,655 shares valued at about $51.6 million.
• Several other institutional investors also adjusted positions, while institutional ownership remains high at 80.43% of Salesforce’s shares.
• Salesforce is drawing mixed but generally positive attention: the company beat quarterly earnings expectations, authorized a $25 billion share buyback, and recently announced insider stock purchases by two directors.

Fjarde AP Fonden Fourth Swedish National Pension Fund decreased its holdings in Salesforce Inc. (NYSE:CRM - Free Report) by 1.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 194,655 shares of the CRM provider's stock after selling 3,200 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund's holdings in Salesforce were worth $51,566,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the business. Board of the Pension Protection Fund acquired a new position in Salesforce in the fourth quarter worth approximately $26,000. Key Capital Management INC acquired a new position in Salesforce in the fourth quarter worth approximately $26,000. Legacy Bridge LLC acquired a new position in Salesforce in the fourth quarter worth approximately $27,000. Dogwood Wealth Management LLC increased its holdings in Salesforce by 285.7% in the fourth quarter. Dogwood Wealth Management LLC now owns 108 shares of the CRM provider's stock worth $29,000 after buying an additional 80 shares during the last quarter. Finally, Texas Capital Bancshares Inc TX acquired a new position in Salesforce in the third quarter worth approximately $28,000. Institutional investors and hedge funds own 80.43% of the company's stock.

Insider Activity at Salesforce

In related news, Director Laura Alber purchased 2,571 shares of the stock in a transaction on Thursday, March 19th. The shares were bought at an average price of $194.58 per share, for a total transaction of $500,265.18. Following the completion of the acquisition, the director directly owned 9,530 shares in the company, valued at approximately $1,854,347.40. This trade represents a 36.94% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director David Blair Kirk acquired 2,570 shares of Salesforce stock in a transaction dated Wednesday, March 18th. The stock was acquired at an average cost 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 of the company's stock, valued at $2,664,153.18. This trade represents a 23.11% increase in their position. The SEC filing for this purchase provides additional information. Company insiders own 3.50% of the company's stock.

Salesforce Trading Down 1.5%

Shares of CRM stock opened at $185.85 on Friday. Salesforce Inc. has a 12 month low of $163.52 and a 12 month high of $276.80. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 1.15. The business's 50 day moving average is $181.31 and its two-hundred day moving average is $208.90. The company has a market cap of $152.21 billion, a PE ratio of 21.51, a price-to-earnings-growth ratio of 1.19 and a beta of 1.16.

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 the consensus estimate of $3.13 by $0.75. Salesforce had a return on equity of 18.72% and a net margin of 18.73%.The company had revenue of $11.13 billion for the quarter, compared to the consensus estimate of $11.05 billion. During the same quarter last year, the company posted $2.58 earnings per share. The company's revenue for the quarter was up 13.3% compared to the same quarter last year. Salesforce has set its FY 2027 guidance at 14.060-14.120 EPS and its Q2 2027 guidance at 3.250-3.270 EPS. Equities analysts predict that Salesforce Inc. will post 10.13 EPS for the current year.

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

Salesforce Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 2nd. Shareholders of record on Thursday, June 11th will be issued a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a yield of 0.9%. The ex-dividend date is Thursday, June 11th. Salesforce's dividend payout ratio (DPR) is 20.37%.

Analyst Ratings Changes

A number of equities analysts recently commented on CRM shares. Needham & Company LLC restated a "buy" rating and issued a $400.00 price objective on shares of Salesforce in a report on Thursday, February 26th. The Goldman Sachs Group restated a "buy" rating and issued a $281.00 price objective on shares of Salesforce in a report on Thursday, February 26th. Citigroup restated a "market outperform" rating on shares of Salesforce in a report on Thursday, May 28th. TD Cowen dropped their price objective on Salesforce from $250.00 to $240.00 and set a "buy" rating on the stock in a report on Thursday, May 28th. Finally, BTIG Research restated a "buy" rating and issued a $255.00 price objective on shares of Salesforce in a report on Tuesday, May 26th. One research analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $257.97.

Trending Headlines about Salesforce

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Salesforce announced a landmark partnership with FIFA for the 2026 World Cup and 2027 Women’s World Cup, which could showcase its AI-driven Agentforce 360 platform to a massive global audience and potentially drive future enterprise demand. Article Title
• Positive Sentiment: KeyCorp kept an Overweight rating and a $290 price target on Salesforce, while modeling earnings above consensus for FY2027, signaling continued analyst confidence in the company’s profit growth. Article Title
• Positive Sentiment: Recent commentary highlights Salesforce’s strong momentum, helped by its AI strategy, Agentforce rollout, recurring revenue base, and expanding free cash flow, which may keep long-term investors interested. Article Title
• Neutral Sentiment: Salesforce’s presentation at the Evercore Global TMT Conference and valuation-focused coverage suggest investors are still reassessing how much of the AI and Agentforce optimism is already priced in. Article Title
• Negative Sentiment: Bridgewater Associates reportedly sold Salesforce, which can pressure sentiment in the near term, although the article argues that institutional selling may create a better entry point for patient investors. Article Title

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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