Nykredit A S Makes New $48.84 Million Investment in Salesforce Inc. $CRM

Key Points

• Nykredit A/S invested approximately $48.84 million in Salesforce during the second quarter by purchasing 311,731 shares. Institutional investors and hedge funds collectively own 80.43% of the company.
• Salesforce reported quarterly earnings of $5.90 per share, exceeding estimates of $3.27, while revenue rose 10.8% year over year to $11.35 billion. The company also declared a quarterly dividend of $0.44 per share.
• Analyst sentiment remains positive, with Salesforce holding a “Moderate Buy” consensus rating and a $275.14 average price target. Investors are watching whether the company’s AI initiatives, including Agentforce and AIforce, can generate meaningful revenue growth despite pricing and execution concerns.

Nykredit A S purchased a new position in Salesforce Inc. (NYSE:CRM - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 311,731 shares of the CRM provider's stock, valued at approximately $48,836,000.

Other large investors also recently modified their holdings of the company. Commonwealth Retirement Investments LLC acquired a new position in shares of Salesforce in the fourth quarter worth about $25,000. Manning & Napier Advisors LLC purchased a new position in Salesforce during the 2nd quarter worth approximately $26,000. Persistent Asset Partners Ltd acquired a new stake in Salesforce during the 2nd quarter valued at $27,000. Costello Asset Management INC lifted its holdings in shares of Salesforce by 410.3% in the first quarter. Costello Asset Management INC now owns 148 shares of the CRM provider's stock valued at $28,000 after purchasing an additional 119 shares in the last quarter. Finally, Gables Capital Management Inc. purchased a new stake in shares of Salesforce in the second quarter valued at $28,000. 80.43% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Salesforce

In related news, Director Craig Conway sold 4,500 shares of the company's stock in a transaction dated Friday, September 4th. The shares were sold at an average price of $260.61, for a total value of $1,172,745.00. Following the sale, the director owned 5,437 shares of the company's stock, valued at $1,416,936.57. The trade was a 45.29% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 3.50% of the company's stock.

Wall Street Analyst Weigh In

CRM has been the topic of a number of research analyst reports. TD Cowen reiterated a "buy" rating on shares of Salesforce in a report on Thursday. Wolfe Research raised Salesforce from a "hold" rating to a "strong-buy" rating in a research note on Thursday, August 27th. Macquarie Infrastructure decreased their price objective on Salesforce from $200.00 to $190.00 and set a "neutral" rating for the company in a research report on Thursday, May 28th. Mizuho lifted their target price on Salesforce from $265.00 to $280.00 and gave the company an "outperform" rating in a research note on Wednesday. Finally, Stephens reiterated an "equal weight" rating and issued a $289.00 target price on shares of Salesforce in a report on Friday. Three equities research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating, fourteen have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, Salesforce currently has a consensus rating of "Moderate Buy" and a consensus price target of $275.14.

Salesforce Price Performance

Shares of Salesforce stock opened at $237.56 on Friday. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 1.02. The firm has a fifty day simple moving average of $208.91 and a 200-day simple moving average of $189.25. The stock has a market capitalization of $195.51 billion, a price-to-earnings ratio of 21.66, a PEG ratio of 1.11 and a beta of 1.20. Salesforce Inc. has a 1-year low of $146.32 and a 1-year high of $269.11.

Salesforce (NYSE:CRM - Get Free Report) last announced its earnings results on Wednesday, August 26th. The CRM provider reported $5.90 EPS for the quarter, topping the consensus estimate of $3.27 by $2.63. The firm had revenue of $11.35 billion for the quarter, compared to the consensus estimate of $11.33 billion. Salesforce had a net margin of 21.99% and a return on equity of 24.90%. The business's quarterly revenue was up 10.8% on a year-over-year basis. During the same quarter last year, the firm posted $2.91 EPS. Salesforce has set its FY 2027 guidance at 16.670-16.710 EPS and its Q3 2027 guidance at 3.420-3.440 EPS. On average, sell-side analysts expect that Salesforce Inc. will post 12.82 earnings per share for the current year.

Salesforce Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 8th. Stockholders of record on Thursday, September 17th will be issued a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, September 17th. Salesforce's dividend payout ratio (DPR) is presently 16.04%.

More Salesforce News

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Salesforce set a fiscal 2030 revenue target of more than $63 billion, above market expectations. Management said artificial intelligence, data products and higher customer spending should support long-term growth and help counter fears that AI could disrupt its core software business. Salesforce issues revenue target of over $63 billion for fiscal 2030
• Positive Sentiment: Several firms raised their price targets, including Stifel, Canaccord Genuity, BMO Capital Markets, Citizens JMP, Stephens and Wells Fargo. Targets generally range from $250 to $315, reflecting optimism that Agentforce and other AI products can accelerate revenue and customer expansion. Six Analysts Turn Bullish on Salesforce
• Positive Sentiment: BNP Paribas described business activity as improving, while Salesforce’s broader AIforce strategy connects CRM data with partners including Google Cloud, Anthropic, Nvidia and Snap. These relationships could increase Agentforce usage and strengthen Salesforce’s enterprise ecosystem.
• Neutral Sentiment: Salesforce unveiled Koa, its first internally developed AI model for CRM reasoning, and AIforce, a platform intended to make CRM data available across multiple applications. However, Koa is not yet broadly available, limiting its immediate effect on revenue or earnings. Why Salesforce's Homegrown AI Model Won't Move the Stock Until 2027
• Negative Sentiment: UBS said AIforce could drive usage but cautioned that its pricing is currently too high. Investors therefore remain uncertain whether Agentforce adoption will translate into substantial incremental revenue and acceptable customer returns. Salesforce's AIforce Offering has Potential to Drive Usage but Price Point is Too High
• Negative Sentiment: The stock has rallied sharply toward its 52-week high, so investors may be taking profits while waiting for proof of near-term AI monetization. A recent system outage and mixed partner feedback on pricing add to execution concerns. Why Salesforce Stock Dropped Despite Analysts Boosting Targets

About Salesforce

Salesforce, Inc is a cloud-based software company that provides customer relationship management (CRM) technology and related enterprise applications. Its platform helps organizations manage sales, customer service, marketing, commerce, data analytics and business operations through subscription-based software and cloud services.

The company's product portfolio includes Sales Cloud, Service Cloud, Marketing Cloud, Commerce Cloud, Data Cloud and the Salesforce Platform. Salesforce also offers Slack for workplace collaboration, Tableau for data visualization and analytics, MuleSoft for application integration, and artificial intelligence capabilities, including its Agentforce platform for building and deploying AI agents.

Founded in 1999, Salesforce is headquartered in San Francisco, California, and serves businesses and organizations across a broad range of industries and geographic markets worldwide.

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