Meadowbrook Advisors Group LLC Takes Position in Salesforce Inc. $CRM

Key Points

• Meadowbrook Advisors Group LLC opened a new position in Salesforce during the fourth quarter, buying 3,567 shares valued at about $945,000.
• Salesforce continues to attract mixed analyst views, but the overall consensus remains Moderate Buy with an average price target of $257.61.
• The company reported strong quarterly results, with EPS of $3.88 beating estimates and revenue of $11.13 billion topping expectations, while also announcing a $25 billion share repurchase program and a quarterly dividend of $0.44 per share.

Meadowbrook Advisors Group LLC acquired a new position in Salesforce Inc. (NYSE:CRM - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 3,567 shares of the CRM provider's stock, valued at approximately $945,000.

Several other institutional investors have also recently made changes to their positions in the business. Commonwealth Retirement Investments LLC purchased a new stake in Salesforce in the fourth quarter valued at $25,000. Board of the Pension Protection Fund acquired a new stake in Salesforce during the 4th quarter worth about $26,000. Key Capital Management INC purchased a new position in shares of Salesforce during the 4th quarter valued at about $26,000. Gilpin Wealth Management LLC purchased a new position in shares of Salesforce during the 4th quarter valued at about $26,000. Finally, Legacy Bridge LLC acquired a new position in shares of Salesforce in the 4th quarter valued at about $27,000. Hedge funds and other institutional investors own 80.43% of the company's stock.

Analysts Set New Price Targets

A number of analysts have recently commented on CRM shares. Oppenheimer lowered their target price on Salesforce from $275.00 to $250.00 and set an "outperform" rating on the stock in a research note on Thursday, February 26th. Bank of America initiated coverage on Salesforce in a research report on Monday, May 18th. They set an "underperform" rating and a $160.00 price target for the company. Canaccord Genuity Group reissued a "buy" rating and issued a $225.00 price target on shares of Salesforce in a report on Tuesday. Piper Sandler lowered Salesforce from an "overweight" rating to a "neutral" rating in a research report on Thursday, May 28th. Finally, Citigroup reaffirmed a "market outperform" rating on shares of Salesforce in a research note on Thursday, May 28th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, eleven have assigned a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $257.61.

Salesforce News Summary

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Monness Crespi & Hardt upgraded Salesforce to buy from neutral and set a $200 price target, signaling roughly 32% upside and citing valuation appeal plus AI-related gains. Monness upgrades Salesforce stock on valuation, AI gains; sees 31% upside
• Positive Sentiment: Truist reiterated confidence in Salesforce following its $3.6 billion acquisition of Fin, a move that could strengthen the company’s AI/customer-agent product lineup. Salesforce (CRM) Earns Vote of Confidence from Truist after $3.6 Billion Acquisition
• Positive Sentiment: Several recent articles highlighted Salesforce as a long-term growth name and an AI beneficiary, with bullish coverage around its Agentforce strategy and generative AI positioning. Why Salesforce (CRM) is a Top Growth Stock for the Long-Term
• Neutral Sentiment: Comparison pieces versus Oracle and broad stock-picking articles suggest investors are weighing Salesforce’s slower recent performance against its AI growth narrative rather than reacting to a single new catalyst. Oracle vs. Salesforce: Which Tech Giant Is The Better Buy?
• Negative Sentiment: A recent commentary noted that Salesforce stock has fallen sharply this year, reflecting investor concern about execution, growth expectations, and the company’s discounted valuation versus past highs. Salesforce (CRM) Stock Plunges 41% This Year — A Buying Opportunity Emerges?

Salesforce Price Performance

NYSE:CRM opened at $151.67 on Friday. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 1.15. Salesforce Inc. has a 52 week low of $149.80 and a 52 week high of $276.80. The stock's 50-day moving average price is $177.42 and its 200-day moving average price is $204.35. The stock has a market capitalization of $124.22 billion, a PE ratio of 17.55, a price-to-earnings-growth ratio of 0.94 and a beta of 1.16.

Salesforce (NYSE:CRM - Get Free Report) last released its quarterly earnings results on Wednesday, May 27th. The CRM provider reported $3.88 earnings per share for the quarter, topping analysts' consensus estimates of $3.13 by $0.75. The company had revenue of $11.13 billion during the quarter, compared to analysts' expectations of $11.05 billion. Salesforce had a return on equity of 18.72% and a net margin of 18.73%.Salesforce's quarterly revenue was up 13.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $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. As a group, equities analysts expect that Salesforce Inc. will post 10.29 EPS for the current fiscal year.

Salesforce Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 2nd. Stockholders of record on Thursday, June 11th will be paid a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, June 11th. Salesforce's dividend payout ratio is presently 20.37%.

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

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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