Los Angeles Capital Management LLC Has $14.67 Million Stock Holdings in Salesforce Inc. $CRM

Key Points

• Los Angeles Capital Management cut its Salesforce stake by 62% in the fourth quarter, selling 93,186 shares and leaving it with 57,150 shares valued at about $14.67 million.
• Salesforce reported strong quarterly results, with EPS of $3.88 beating estimates by $0.75 and revenue of $11.13 billion topping expectations, while revenue rose 13.3% year over year.
• The company continues to attract investor attention through a $25 billion share repurchase program, a quarterly dividend of $0.44 per share, and mostly positive analyst sentiment with a consensus rating of Moderate Buy.

Los Angeles Capital Management LLC reduced its holdings in Salesforce Inc. (NYSE:CRM - Free Report) by 62.0% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 57,150 shares of the CRM provider's stock after selling 93,186 shares during the quarter. Los Angeles Capital Management LLC's holdings in Salesforce were worth $14,668,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Board of the Pension Protection Fund acquired a new position in Salesforce in the 4th quarter valued at approximately $26,000. Key Capital Management INC acquired a new position in Salesforce in the 4th quarter valued at approximately $26,000. Legacy Bridge LLC acquired a new position in Salesforce in the 4th quarter valued at approximately $27,000. Dogwood Wealth Management LLC increased its position in Salesforce by 285.7% in the 4th quarter. Dogwood Wealth Management LLC now owns 108 shares of the CRM provider's stock valued at $29,000 after acquiring an additional 80 shares during the period. Finally, Texas Capital Bancshares Inc TX acquired a new position in Salesforce in the 3rd quarter valued at approximately $28,000. 80.43% of the stock is currently owned by institutional investors and hedge funds.

Salesforce Trading Up 0.1%

CRM opened at $185.85 on Monday. Salesforce Inc. has a twelve month low of $163.52 and a twelve 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 company has a fifty day moving average of $181.31 and a 200-day moving average of $208.71. The stock has a market cap of $152.21 billion, a PE ratio of 21.51, a price-to-earnings-growth ratio of 1.15 and a beta of 1.16.

Salesforce (NYSE:CRM - Get Free Report) last issued its quarterly earnings results on Wednesday, May 27th. The CRM provider reported $3.88 earnings per share (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 firm had revenue of $11.13 billion for the quarter, compared to analyst estimates of $11.05 billion. During the same period in the previous year, the firm earned $2.58 earnings per share. The company's 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. On average, sell-side analysts predict that Salesforce Inc. will post 10.3 EPS for the current year.

Salesforce Dividend Announcement

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 $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Thursday, June 11th. Salesforce's dividend payout ratio (DPR) is presently 20.37%.

Salesforce announced that its board has approved a share repurchase program on Monday, March 16th that authorizes the company to repurchase $25.00 billion in shares. This repurchase authorization authorizes the CRM provider to purchase up to 14.1% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's management believes its stock is undervalued.

Analyst Ratings Changes

CRM has been the subject of several recent research reports. Canaccord Genuity Group decreased their price target on shares of Salesforce from $250.00 to $225.00 and set a "buy" rating for the company in a research report on Thursday, May 28th. Oppenheimer decreased their price target on shares of Salesforce from $275.00 to $250.00 and set an "outperform" rating for the company in a research report on Thursday, February 26th. Cantor Fitzgerald restated an "overweight" rating and issued a $250.00 price target on shares of Salesforce in a research report on Thursday, May 28th. Royal Bank Of Canada decreased their price target on shares of Salesforce from $290.00 to $210.00 and set a "sector perform" rating for the company in a research report on Thursday, February 26th. Finally, The Goldman Sachs Group reiterated a "buy" rating and set a $281.00 price objective on shares of Salesforce in a research report on Thursday, February 26th. One equities 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 stock. According to data from MarketBeat.com, Salesforce currently has an average rating of "Moderate Buy" and a consensus price target of $257.97.

More Salesforce News

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

Insiders Place Their Bets

In related news, Director David Blair Kirk purchased 2,570 shares of Salesforce stock in a transaction on Wednesday, March 18th. The stock was acquired at an average cost of $194.62 per share, for a total transaction of $500,173.40. Following the completion of the acquisition, the director 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 purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Laura Alber purchased 2,571 shares of Salesforce stock in a transaction on Thursday, March 19th. The stock was bought at an average price of $194.58 per share, with a total value of $500,265.18. Following the completion of the acquisition, the director directly owned 9,530 shares of the company's stock, valued at approximately $1,854,347.40. This trade represents a 36.94% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 3.50% of the company's stock.

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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