Salesforce Inc. $CRM Shares Acquired by Barlow Wealth Partners LLC

Key Points

• Barlow Wealth Partners increased its Salesforce position by 44% in the second quarter, bringing its holdings to 95,913 shares valued at approximately $16.0 million. Institutional investors and hedge funds collectively own 80.43% of Salesforce.
• Salesforce reported quarterly revenue of $11.35 billion, up 10.8% year over year, while earnings of $5.90 per share exceeded estimates of $3.27. The stock recently traded near its 52-week high, reflecting strong momentum and elevated expectations.
• Analysts maintain a broadly positive outlook, with Salesforce receiving a consensus “Moderate Buy” rating and an average price target of $266.50. Its Anthropic partnership and expanding AI offerings are viewed as potential growth drivers, though investors will expect sustained adoption and revenue acceleration.

Barlow Wealth Partners LLC boosted its position in Salesforce Inc. (NYSE:CRM - Free Report) by 44.0% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 95,913 shares of the CRM provider's stock after purchasing an additional 29,293 shares during the quarter. Salesforce comprises 1.7% of Barlow Wealth Partners LLC's holdings, making the stock its 27th biggest position. Barlow Wealth Partners LLC's holdings in Salesforce were worth $15,977,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Fred Alger Management LLC lifted its holdings in Salesforce by 0.3% in the third quarter. Fred Alger Management LLC now owns 14,943 shares of the CRM provider's stock worth $3,548,000 after purchasing an additional 45 shares during the period. Synergy Financial Group LTD increased its stake in Salesforce by 2.4% during the 3rd quarter. Synergy Financial Group LTD now owns 2,035 shares of the CRM provider's stock valued at $482,000 after buying an additional 48 shares during the period. CBIZ Investment Advisory Services LLC raised its position in shares of Salesforce by 35.4% during the 4th quarter. CBIZ Investment Advisory Services LLC now owns 199 shares of the CRM provider's stock worth $53,000 after buying an additional 52 shares in the last quarter. Krane Funds Advisors LLC raised its position in shares of Salesforce by 0.7% during the 4th quarter. Krane Funds Advisors LLC now owns 8,254 shares of the CRM provider's stock worth $2,187,000 after buying an additional 57 shares in the last quarter. Finally, HBW Advisory Services LLC lifted its stake in shares of Salesforce by 0.4% in the 1st quarter. HBW Advisory Services LLC now owns 13,098 shares of the CRM provider's stock worth $2,445,000 after acquiring an additional 57 shares during the period. 80.43% of the stock is owned by institutional investors and hedge funds.

Salesforce Price Performance

NYSE CRM opened at $264.13 on Friday. The stock has a market capitalization of $217.38 billion, a P/E ratio of 24.08, a P/E/G ratio of 1.19 and a beta of 1.20. Salesforce Inc. has a 1 year low of $146.32 and a 1 year high of $269.11. The business's fifty day moving average is $189.85 and its two-hundred day moving average is $184.47. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.84 and a current ratio of 0.84.

Salesforce (NYSE:CRM - Get Free Report) last issued its earnings results on Wednesday, August 26th. The CRM provider reported $5.90 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.27 by $2.63. The business had revenue of $11.35 billion for the quarter, compared to analysts' expectations of $11.33 billion. Salesforce had a return on equity of 24.90% and a net margin of 21.99%.The company's quarterly revenue was up 10.8% on a year-over-year basis. During the same period in the previous 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, research analysts forecast that Salesforce Inc. will post 12.64 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts recently commented on CRM shares. DA Davidson raised their price objective on shares of Salesforce from $175.00 to $200.00 and gave the company a "neutral" rating in a research note on Thursday, August 27th. Wall Street Zen downgraded Salesforce from a "buy" rating to a "hold" rating in a research report on Saturday, August 1st. Mizuho increased their price target on Salesforce from $250.00 to $265.00 and gave the company an "outperform" rating in a research note on Thursday, August 27th. Erste Group Bank upgraded Salesforce from a "hold" rating to a "buy" rating in a research report on Wednesday, August 5th. Finally, Wedbush started coverage on Salesforce in a report on Wednesday, July 1st. They issued an "outperform" rating for the company. Three research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, fifteen have assigned a Hold rating and three have assigned a Sell rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $266.50.

Key Salesforce News

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Anthropic partnership strengthens AI outlook: Salesforce and Anthropic launched “Claudeforce,” integrating Claude AI into Salesforce’s platform. The partnership is viewed as a potential source of new revenue, improved Agentforce adoption and access to additional enterprise customers. Salesforce partners with Anthropic to integrate Claude AI into its ecosystem
• Positive Sentiment: Strong quarterly performance and higher guidance: Salesforce reported $11.35 billion in quarterly revenue, up 10.8% year over year, and adjusted earnings of $5.90 per share versus the $3.27 consensus estimate. Current remaining performance obligations rose 14%, while management’s increased fiscal-year outlook supports expectations for accelerating growth. Salesforce: Proving That AI Needs A Software Partner
• Positive Sentiment: Analysts raised targets: Cantor Fitzgerald lifted its target to $300, BTIG reaffirmed a Buy rating with a $300 target, and Needham maintained its Buy rating while setting a $400 target. The revisions indicate that analysts see improving business trends and further upside from Salesforce’s AI offerings. BTIG says it is incrementally confident in improving business trends
• Positive Sentiment: Enterprise software rebound provides a tailwind: Salesforce is participating in a broader recovery in enterprise software stocks as bearish positions unwind and investors rotate back toward established AI beneficiaries. Jim Cramer breaks down the enterprise software rebound
• Neutral Sentiment: Quarterly dividend declared: Salesforce’s board approved a $0.44-per-share cash dividend, payable October 8 to shareholders of record September 17. The payment adds shareholder income but is unlikely to be the primary driver of the stock’s move. Salesforce Announces Quarterly Dividend
• Negative Sentiment: Execution expectations are rising: After a sharp rally, investors will expect Salesforce to convert Agentforce and Claudeforce interest into sustained revenue acceleration. Elevated expectations and the stock’s proximity to its yearly high could increase sensitivity to any signs of slower adoption or weaker guidance.

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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