Flossbach Von Storch SE Makes New $60.63 Million Investment in Salesforce Inc. $CRM

Key Points

• Flossbach Von Storch SE initiated a $60.63 million Salesforce position by purchasing 387,019 shares in the second quarter. Institutional investors own 80.43% of Salesforce, with several other major investors also adding new stakes.
• Analysts maintain a “Moderate Buy” consensus on Salesforce, with an average price target of $249.49, though ratings range from “Strong Buy” to “Sell.” The stock recently traded at $205.92, up 5%, while its 12-month range is $146.32 to $269.11.
• Salesforce beat its latest quarterly estimates, reporting $3.88 in EPS and $11.13 billion in revenue, but the August 26 earnings report is a key catalyst. Investors will assess forward guidance, Agentforce AI monetization and whether growth can reaccelerate amid near-term earnings risks.

Flossbach Von Storch SE purchased a new stake in Salesforce Inc. (NYSE:CRM - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 387,019 shares of the CRM provider's stock, valued at approximately $60,630,000.

Several other large investors have also modified their holdings of CRM. Empirical Asset Management LLC acquired a new stake in shares of Salesforce during the second quarter worth $256,000. Great Lakes Advisors LLC acquired a new stake in Salesforce during the 2nd quarter worth about $322,000. BOK Financial Private Wealth Inc. purchased a new stake in Salesforce during the second quarter valued at about $301,000. Danica Pension Livsforsikringsaktieselskab acquired a new position in shares of Salesforce in the second quarter worth about $13,083,000. Finally, Danske Bank A S purchased a new position in shares of Salesforce in the second quarter worth approximately $161,164,000. 80.43% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently commented on CRM. Roth Capital reaffirmed a "buy" rating and issued a $325.00 price objective on shares of Salesforce in a research note on Thursday, May 28th. Guggenheim raised shares of Salesforce from a "neutral" rating to a "buy" rating and set a $228.00 target price on the stock in a research note on Wednesday, July 1st. The Goldman Sachs Group began coverage on Salesforce in a report on Thursday, June 18th. They issued a "neutral" rating for the company. CLSA initiated coverage on Salesforce in a report on Monday, July 20th. They set a "hold" rating and a $165.00 price target on the stock. Finally, Macquarie Infrastructure dropped their price target on Salesforce from $200.00 to $190.00 and set a "neutral" rating on the stock in a research report on Thursday, May 28th. Two analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating, eighteen have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, Salesforce has a consensus rating of "Moderate Buy" and an average price target of $249.49.

Key Headlines Impacting Salesforce

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Agentforce adoption is accelerating. Salesforce’s Agentforce annual recurring revenue reportedly surged 205%, suggesting rising customer usage and deeper integration of AI agents into its CRM platform. This supports the company’s efforts to remain competitive in enterprise AI. Will Agentforce Help Salesforce Stay Ahead in the Enterprise AI Race?
• Positive Sentiment: Salesforce expanded Headless 360 across its portfolio, potentially giving customers more flexible ways to deploy Salesforce data and services across digital channels. Broader product integration could support retention, cross-selling and long-term platform value. Salesforce Expands Headless 360 Across Its Portfolio
• Positive Sentiment: Sector rotation and value interest are supporting CRM. Investors have been moving from semiconductor stocks into underperforming software names, while some analysts characterize Salesforce as attractively valued for long-term investors. Netflix, Salesforce, and Adobe Rally as Investors Rotate
• Neutral Sentiment: The upcoming August 26 earnings report is the next major catalyst. Salesforce recently exceeded quarterly EPS and revenue expectations, but investors will focus on forward guidance, Agentforce monetization and whether growth can reaccelerate. Salesforce Projected to Announce Earnings
• Positive Sentiment: Anthropic exposure offers a potential strategic benefit. Salesforce has participated in Anthropic funding rounds and integrates Claude, giving CRM indirect exposure to the enterprise AI company’s reported growth and possible future valuation gains. The Pre-IPO Playbook: How to Cash in on Anthropic Before the Bell
• Negative Sentiment: Near-term earnings expectations remain a risk. Zacks said Salesforce lacks the combination of factors that typically supports a likely earnings beat, raising the possibility of disappointment if guidance or AI-related results fall short. Salesforce Earnings Expected to Grow
• Negative Sentiment: Analyst upgrades have not consistently translated into sustained gains. This keeps the stock dependent on tangible earnings evidence, particularly as investors question whether generative AI could weaken traditional software business models. Analyst upgrades keep failing Salesforce

Salesforce Trading Up 5.0%

Salesforce stock opened at $205.92 on Thursday. Salesforce Inc. has a 12 month low of $146.32 and a 12 month high of $269.11. 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 stock has a market cap of $168.65 billion, a P/E ratio of 23.83, a P/E/G ratio of 1.06 and a beta of 1.16. The company's fifty day simple moving average is $172.69 and its 200-day simple moving average is $181.41.

Salesforce (NYSE:CRM - Get Free Report) last announced its quarterly earnings data 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 return on equity of 18.72% and a net margin of 18.73%.The business had revenue of $11.13 billion during the quarter, compared to analyst estimates of $11.05 billion. During the same period last year, the company earned $2.58 earnings per share. Salesforce's quarterly revenue 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. As a group, sell-side analysts forecast that Salesforce Inc. will post 10.27 EPS for the current fiscal year.

Salesforce Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 2nd. Shareholders of record on Thursday, June 11th were paid a $0.44 dividend. The ex-dividend date was Thursday, June 11th. This represents a $1.76 dividend on an annualized basis and a yield of 0.9%. Salesforce's payout ratio is 20.37%.

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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