Portfolio Design Labs LLC Acquires New Holdings in Salesforce Inc. $CRM

Key Points

• Portfolio Design Labs LLC acquired 10,585 Salesforce shares in the second quarter, worth approximately $1.66 million. Institutional investors and hedge funds collectively own 80.43% of Salesforce.
• Analyst sentiment remains broadly positive but mixed, with a consensus “Moderate Buy” rating and an average price target of $249.87; recent actions included UBS raising its target to $210 and Truist downgrading the stock to “Hold.”
• Salesforce’s latest quarterly results exceeded expectations, with adjusted earnings of $3.88 per share and revenue of $11.13 billion, up 13.3% year over year. Investors are now focused on the company’s upcoming earnings report and whether AI adoption through Agentforce will translate into sustained growth.

Portfolio Design Labs LLC bought a new position in Salesforce Inc. (NYSE:CRM - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 10,585 shares of the CRM provider's stock, valued at approximately $1,658,000.

Several other large investors also recently made changes to their positions in the company. Commonwealth Retirement Investments LLC acquired a new position in shares of Salesforce during the fourth quarter worth approximately $25,000. Gilpin Wealth Management LLC bought a new position in Salesforce in the 4th quarter worth approximately $26,000. Persistent Asset Partners Ltd acquired a new stake in Salesforce in the 2nd quarter valued at approximately $27,000. Costello Asset Management INC increased its position in Salesforce by 410.3% in the 1st quarter. Costello Asset Management INC now owns 148 shares of the CRM provider's stock valued at $28,000 after acquiring an additional 119 shares during the period. Finally, Gables Capital Management Inc. bought a new stake in Salesforce during the 2nd quarter valued at $28,000. Institutional investors and hedge funds own 80.43% of the company's stock.

Analysts Set New Price Targets

CRM has been the subject of several recent analyst reports. Truist Financial cut Salesforce from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, July 1st. Wall Street Zen downgraded shares of Salesforce from a "buy" rating to a "hold" rating in a report on Saturday, August 1st. UBS Group increased their target price on shares of Salesforce from $185.00 to $210.00 and gave the company a "neutral" rating in a research report on Wednesday, August 12th. Roth Capital reissued a "buy" rating and set a $325.00 target price on shares of Salesforce in a research note on Thursday, May 28th. Finally, Jefferies Financial Group upgraded shares of Salesforce from a "buy" rating to a "buy" rating in a research report on Wednesday, July 1st. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating, eighteen have assigned a Hold rating and three have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $249.87.

Salesforce News Summary

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Analyst targets imply upside. Guggenheim reaffirmed its “buy” rating with a $228 price target, while Cantor Fitzgerald maintained an “overweight” rating and a $250 target. Cantor expects Salesforce to capture a meaningful share of next-generation agentic workflows. Guggenheim analyst rating Cantor Fitzgerald analyst comments
• Positive Sentiment: Agentforce momentum is a key bullish argument. Salesforce’s Agentforce annual recurring revenue reportedly surged 205% as customer adoption increased, strengthening the case that its AI offering can support growth and deepen customer integration. Agentforce AI analysis
• Positive Sentiment: New product distribution could expand Salesforce’s ecosystem. Agiloft announced Agiloft for Salesforce on Salesforce AgentExchange, while Salesforce is expanding its Headless 360 portfolio. These developments highlight efforts to make its platform more flexible and useful for enterprise AI and workflow applications. Agiloft for Salesforce announcement Headless 360 expansion
• Neutral Sentiment: Earnings are the immediate test. Salesforce is expected to report fiscal Q2 2027 results on August 26. Investors are looking for evidence that AI adoption is translating into revenue growth and sustainable guidance; recent commentary points to expectations for earnings growth but does not establish a likely beat. Salesforce earnings preview
• Neutral Sentiment: Valuation and strategic positioning remain debated. Some coverage calls CRM a long-term value opportunity, while other analysis questions whether it could be a value trap. Salesforce’s potential indirect exposure to Anthropic also adds interest, but the benefit depends on future commercial partnerships and adoption. Salesforce value trap analysis
• Negative Sentiment: Analyst support has not resolved investor concerns. Commentary notes that repeated upgrades have failed to produce a durable rerating, keeping the focus on August 26 results rather than opinion changes from Wall Street. Analyst upgrades and Salesforce earnings
• Negative Sentiment: Salesforce may lack the setup for an earnings beat. Zacks said CRM does not currently have the right combination of indicators that typically supports a likely earnings surprise, raising the risk of disappointment if guidance or AI monetization falls short. Salesforce earnings expectations

Salesforce Price Performance

NYSE:CRM opened at $205.61 on Friday. The business's 50-day moving average price is $173.47 and its 200 day moving average price is $181.36. The firm has a market cap of $168.39 billion, a P/E ratio of 23.80, a PEG ratio of 1.11 and a beta of 1.16. Salesforce Inc. has a 52-week low of $146.32 and a 52-week 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.

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 for the quarter, beating analysts' consensus estimates 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 during the quarter, compared to the consensus estimate of $11.05 billion. During the same period in the prior year, the company earned $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. As a group, sell-side analysts predict that Salesforce Inc. will post 10.27 earnings per share for the current fiscal year.

Salesforce Announces Dividend

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

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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