Salesforce Inc. $CRM Shares Bought by Capital International Ltd. CA

Key Points

• Capital International Ltd. CA increased its Salesforce stake by 36.8% in the fourth quarter, buying 33,437 additional shares and bringing its total holding to 124,250 shares worth about $32.9 million.
• Salesforce reported strong quarterly results, with EPS of $3.88 beating estimates and revenue of $11.13 billion topping forecasts, while revenue rose 13.3% year over year.
• The company also announced a $25 billion share repurchase program and a quarterly dividend of $0.44 per share, signaling management confidence and returning more capital to shareholders.

Capital International Ltd. CA lifted its holdings in shares of Salesforce Inc. (NYSE:CRM - Free Report) by 36.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 124,250 shares of the CRM provider's stock after acquiring an additional 33,437 shares during the period. Salesforce accounts for approximately 1.2% of Capital International Ltd. CA's investment portfolio, making the stock its 21st biggest holding. Capital International Ltd. CA's holdings in Salesforce were worth $32,915,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the stock. Board of the Pension Protection Fund purchased a new stake in shares of Salesforce in the 4th quarter valued at about $26,000. Key Capital Management INC acquired a new position in Salesforce during the fourth quarter worth approximately $26,000. Legacy Bridge LLC acquired a new position in Salesforce during the fourth quarter worth approximately $27,000. Texas Capital Bancshares Inc TX acquired a new position in Salesforce during the third quarter worth approximately $28,000. Finally, Dogwood Wealth Management LLC increased its position in Salesforce by 285.7% during the fourth quarter. Dogwood Wealth Management LLC now owns 108 shares of the CRM provider's stock worth $29,000 after buying an additional 80 shares during the period. Institutional investors and hedge funds own 80.43% of the company's stock.

Salesforce Stock Down 1.5%

Shares of NYSE:CRM opened at $185.85 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 $163.52 and a 52-week high of $276.80. The stock's fifty day simple moving average is $181.31 and its 200-day simple moving average is $208.90. The company has a market capitalization of $152.21 billion, a P/E ratio of 21.51, a P/E/G ratio of 1.17 and a beta of 1.16.

Salesforce (NYSE:CRM - Get Free Report) last issued its quarterly earnings data on Wednesday, May 27th. The CRM provider reported $3.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.13 by $0.75. The business had revenue of $11.13 billion for the quarter, compared to the consensus estimate of $11.05 billion. Salesforce had a return on equity of 18.72% and a net margin of 18.73%.The business's revenue was up 13.3% on a year-over-year basis. During the same period in the prior year, the business earned $2.58 earnings per share. 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 research analysts forecast that Salesforce Inc. will post 10.3 earnings per share for the current fiscal year.

Salesforce Announces Dividend

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

Salesforce announced that its Board of Directors has authorized a share repurchase program on Monday, March 16th that authorizes the company to buyback $25.00 billion in outstanding shares. This buyback authorization authorizes the CRM provider to purchase up to 14.1% of its stock through open market purchases. Stock buyback programs are often a sign that the company's management believes its shares are undervalued.

Salesforce News Roundup

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Salesforce announced a landmark partnership with FIFA for the 2026 World Cup and 2027 Women’s World Cup, which could showcase its AI-driven Agentforce 360 platform to a massive global audience and potentially drive future enterprise demand. Article Title
• Positive Sentiment: KeyCorp kept an Overweight rating and a $290 price target on Salesforce, while modeling earnings above consensus for FY2027, signaling continued analyst confidence in the company’s profit growth. Article Title
• Positive Sentiment: Recent commentary highlights Salesforce’s strong momentum, helped by its AI strategy, Agentforce rollout, recurring revenue base, and expanding free cash flow, which may keep long-term investors interested. Article Title
• Neutral Sentiment: Salesforce’s presentation at the Evercore Global TMT Conference and valuation-focused coverage suggest investors are still reassessing how much of the AI and Agentforce optimism is already priced in. Article Title
• Negative Sentiment: Bridgewater Associates reportedly sold Salesforce, which can pressure sentiment in the near term, although the article argues that institutional selling may create a better entry point for patient investors. Article Title

Analyst Ratings Changes

CRM has been the subject of several recent research reports. Weiss Ratings upgraded shares of Salesforce from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Wednesday. BMO Capital Markets dropped their target price on Salesforce from $225.00 to $215.00 and set an "outperform" rating on the stock in a report on Thursday, May 28th. Mizuho dropped their target price on Salesforce from $280.00 to $265.00 and set an "outperform" rating on the stock in a report on Thursday, February 26th. Bank of America began coverage on Salesforce in a report on Monday, May 18th. They issued an "underperform" rating and a $160.00 target price on the stock. Finally, Royal Bank Of Canada decreased their price target on Salesforce from $290.00 to $210.00 and set a "sector perform" rating on the stock in a research note on Thursday, February 26th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Salesforce presently has a consensus rating of "Moderate Buy" and a consensus target price of $257.97.

Insider Activity

In related news, Director Laura Alber bought 2,571 shares of the firm's stock in a transaction dated Thursday, March 19th. The stock was bought at an average price of $194.58 per share, with a total value of $500,265.18. Following the completion of the transaction, the director directly owned 9,530 shares of the company's stock, valued at approximately $1,854,347.40. This represents a 36.94% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director David Blair Kirk bought 2,570 shares of the firm's stock in a transaction dated Wednesday, March 18th. The stock was bought at an average cost of $194.62 per share, with a total value of $500,173.40. Following the transaction, the director directly owned 13,689 shares of the company's stock, valued at approximately $2,664,153.18. This trade represents a 23.11% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 3.50% of the stock is owned by corporate insiders.

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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