OMC Financial Services LTD Acquires Shares of 9,935 Salesforce Inc. $CRM

Key Points

• OMC Financial Services acquired 9,935 Salesforce shares worth approximately $1.56 million during the second quarter. Institutional investors and hedge funds collectively own 80.43% of Salesforce.
• Salesforce reported stronger-than-expected quarterly results, with $3.88 earnings per share and $11.13 billion in revenue, up 13.3% year over year. The company also declared a quarterly dividend of $0.44 per share, representing a 0.9% yield.
• Analyst sentiment is broadly positive, with a consensus “Moderate Buy” rating and a $249.05 price target, while Salesforce’s Agentforce AI platform and share-repurchase program support the bullish case. However, investors remain concerned about competition from AI-native software and rival platforms.

OMC Financial Services LTD bought a new position in shares of Salesforce Inc. (NYSE:CRM - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 9,935 shares of the CRM provider's stock, valued at approximately $1,556,000.

Several other hedge funds have also recently modified their holdings of CRM. German American Bancorp Inc. purchased a new position in Salesforce in the 2nd quarter valued at about $3,701,000. Arrowroot Family Office LLC purchased a new stake in Salesforce during the 2nd quarter worth approximately $632,000. J.Safra Asset Management Corp purchased a new stake in Salesforce during the 2nd quarter worth approximately $168,000. Flputnam Investment Management Co. acquired a new position in shares of Salesforce during the second quarter valued at approximately $5,674,000. Finally, Global Retirement Partners LLC acquired a new position in shares of Salesforce during the second quarter valued at approximately $2,811,000. Institutional investors and hedge funds own 80.43% of the company's stock.

Key Salesforce News

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: JPMorgan resumed coverage with an Overweight rating and a $250 price target, citing potential acceleration in Salesforce’s core business during the second half of the year. The target implies more than 24% upside from recent levels. JPMorgan bullish Salesforce coverage
• Positive Sentiment: Monness Crespi & Hardt raised its Salesforce price target to $222 from $200 and maintained a Buy rating. UBS and Wells Fargo also reportedly forecast strong appreciation, reinforcing improving sell-side sentiment. Monness Crespi Salesforce price target
• Positive Sentiment: Salesforce’s Agentforce platform is gaining traction, giving the company a way to use its large CRM customer base to compete with Microsoft and Oracle in enterprise “agentic” AI. Salesforce agentic AI analysis
• Positive Sentiment: A Seeking Alpha analysis argues that Salesforce’s $27.1 billion share-repurchase program, equivalent to an estimated 23% net buyback yield, could support earnings-per-share growth. The stock also appears inexpensive at roughly 14 times forward earnings, although buybacks have increased debt. Salesforce buyback analysis
• Neutral Sentiment: Salesforce has recently posted strong momentum, with reports noting three consecutive weeks of gains and substantial one-month appreciation. That run may be encouraging investors, but it also raises the possibility of profit-taking.
• Negative Sentiment: Parnassus Investments indicated that Salesforce has lost favor as AI opportunities shift toward competing or substitute technologies. Other commentary likewise warns that alternative software and AI-native tools threaten Salesforce’s traditional CRM franchise. Salesforce AI competition concerns

Salesforce Price Performance

Salesforce stock opened at $195.86 on Monday. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 1.15. The company has a 50-day moving average price of $171.41 and a 200 day moving average price of $181.95. Salesforce Inc. has a 12-month low of $146.32 and a 12-month high of $269.11. The stock has a market cap of $160.41 billion, a P/E ratio of 22.67, a PEG ratio of 1.06 and a beta of 1.16.

Salesforce (NYSE:CRM - Get Free Report) last posted its earnings results on Wednesday, May 27th. The CRM provider reported $3.88 earnings per share for the quarter, beating the consensus estimate of $3.13 by $0.75. Salesforce had a net margin of 18.73% and a return on equity of 18.72%. The company 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 business posted $2.58 EPS. Salesforce's revenue was up 13.3% on a year-over-year basis. Salesforce has set its FY 2027 guidance at 14.060-14.120 EPS and its Q2 2027 guidance at 3.250-3.270 EPS. Sell-side analysts anticipate that Salesforce Inc. will post 10.27 earnings per share for the current year.

Salesforce Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, July 2nd. Stockholders of record on Thursday, June 11th were given a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend was Thursday, June 11th. Salesforce's payout ratio is presently 20.37%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on CRM. Bank of America assumed coverage on Salesforce in a research note on Monday, May 18th. They issued an "underperform" rating and a $160.00 price target on the stock. DA Davidson reduced their price objective on Salesforce from $200.00 to $175.00 and set a "neutral" rating for the company in a research note on Thursday, May 28th. Phillip Securities lowered Salesforce from a "buy" rating to a "hold" rating and decreased their price objective for the company from $253.00 to $166.00 in a report on Monday, June 29th. KeyCorp cut shares of Salesforce from an "overweight" rating to a "sector weight" rating in a research note on Wednesday, July 8th. Finally, UBS Group boosted their price target on shares of Salesforce from $185.00 to $210.00 and gave the stock a "neutral" rating in a research report on Wednesday, August 12th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, seventeen have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $249.05.

About Salesforce

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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