Loring Wolcott & Coolidge Fiduciary Advisors LLP MA decreased its position in shares of Salesforce Inc. (NYSE:CRM - Free Report) by 21.3% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 160,700 shares of the CRM provider's stock after selling 43,436 shares during the period. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA's holdings in Salesforce were worth $42,571,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Rockland Trust Co. grew its holdings in Salesforce by 1,145.6% in the third quarter. Rockland Trust Co. now owns 13,066 shares of the CRM provider's stock valued at $3,097,000 after purchasing an additional 12,017 shares during the period. Alps Advisors Inc. grew its stake in shares of Salesforce by 98.3% during the 3rd quarter. Alps Advisors Inc. now owns 21,455 shares of the CRM provider's stock valued at $5,085,000 after buying an additional 10,633 shares during the period. Midwest Trust Co increased its holdings in shares of Salesforce by 2.3% during the 3rd quarter. Midwest Trust Co now owns 187,071 shares of the CRM provider's stock worth $44,336,000 after buying an additional 4,233 shares during the last quarter. Jones Financial Companies Lllp raised its position in shares of Salesforce by 15.1% in the 3rd quarter. Jones Financial Companies Lllp now owns 467,551 shares of the CRM provider's stock worth $113,420,000 after buying an additional 61,270 shares during the period. Finally, AGF Management Ltd. grew its position in Salesforce by 42.2% during the third quarter. AGF Management Ltd. now owns 281,054 shares of the CRM provider's stock valued at $66,610,000 after acquiring an additional 83,403 shares during the period. 80.43% of the stock is owned by hedge funds and other institutional investors.
Key Salesforce News
Here are the key news stories impacting Salesforce this week:
- Positive Sentiment: Expanded Google Cloud partnership — Salesforce and Google Cloud announced integrations allowing AI agents to execute end-to-end workflows across both platforms, which can reduce data fragmentation for customers and broaden enterprise adoption of Salesforce AI offerings. Salesforce and Google Cloud Enable AI Agents
- Positive Sentiment: Strong AI revenue traction — A Seeking Alpha piece highlights Agentforce ARR hitting ~$800M with 169% y/y growth and rising agentic actions, suggesting the transition to usage-based AI pricing is generating meaningful upside to growth and could offset seat-based pressure. Salesforce: AI Is A True Acceleration Driver
- Positive Sentiment: Product execution on enterprise AI — Salesforce upgraded Agent Fabric with a centralized control plane, discovery of external models, workflow mapping and governance features that make it easier for large customers to manage multi-vendor AI deployments. This improves enterprise defensibility. Salesforce Pushes Deeper Into Enterprise AI Control
- Positive Sentiment: Momentum and analyst support — Coverage noting Salesforce as a strong momentum/large-cap buy and a Truist Securities reiteration of Buy with a $280 target provide buy-side validation that the company’s AI roadmap and developer ecosystem are persuasive to some wall street analysts. Is Salesforce One of the Best Large Cap Stocks
- Positive Sentiment: Notable investor interest — Reports that Michael Burry is building positions in software names, including Salesforce, can attract attention from value-oriented and event-driven market participants. Michael Burry plans to buy Salesforce
- Neutral Sentiment: Comparisons to peers — Several articles compare Salesforce to competitors like Adobe and Oracle; some analyses favor Adobe on near-term AI growth and valuation, which frames relative positioning but doesn’t change Salesforce’s standalone fundamentals. Salesforce vs. Adobe
- Negative Sentiment: Piper Sandler trims price target — Piper Sandler cut its CRM price target from $250 to $215 while keeping an Overweight rating; the reduction signals caution about competitive/AI risks and may cap near-term upside even if the long-term thesis remains positive. Piper Sandler PT Reduced
- Negative Sentiment: AI disruption concerns among investors — Notes from investors/letters (e.g., Vulcan Value) highlight fears that AI could disrupt Salesforce’s traditional seat-based revenue model or intensify competition, a narrative that can pressure sentiment until usage-based revenue proves durable. AI Disruption Fears
Salesforce Stock Up 1.5%
Shares of Salesforce stock opened at $189.91 on Thursday. Salesforce Inc. has a 1-year low of $163.52 and a 1-year high of $296.05. The company has a market capitalization of $155.39 billion, a PE ratio of 24.32, a P/E/G ratio of 1.36 and a beta of 1.29. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.76 and a quick ratio of 0.76. The business has a 50-day moving average of $187.68 and a 200-day moving average of $222.98.
Salesforce (NYSE:CRM - Get Free Report) last issued its quarterly earnings data on Wednesday, February 25th. The CRM provider reported $3.81 earnings per share for the quarter, beating analysts' consensus estimates of $3.05 by $0.76. Salesforce had a return on equity of 15.38% and a net margin of 17.96%.The firm had revenue of $11.20 billion during the quarter, compared to analyst estimates of $11.18 billion. During the same quarter last year, the firm earned $2.78 EPS. Salesforce's quarterly revenue was up 12.1% on a year-over-year basis. Salesforce has set its FY 2027 guidance at 13.110-13.190 EPS and its Q1 2027 guidance at 3.110-3.130 EPS. As a group, equities analysts forecast that Salesforce Inc. will post 9.71 EPS for the current fiscal year.
Salesforce announced that its Board of Directors has authorized a share buyback program on Monday, March 16th that allows the company to buyback $25.00 billion in outstanding shares. This buyback authorization allows the CRM provider to repurchase up to 14.1% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's board believes its shares are undervalued.
Salesforce Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 23rd. Investors of record on Thursday, April 9th will be issued a $0.44 dividend. This is an increase from Salesforce's previous quarterly dividend of $0.42. This represents a $1.76 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Thursday, April 9th. Salesforce's dividend payout ratio is presently 22.54%.
Insider Activity at Salesforce
In other news, Director David Blair Kirk purchased 2,570 shares of the stock in a transaction dated Wednesday, March 18th. The stock was acquired at an average cost of $194.62 per share, for a total transaction of $500,173.40. Following the acquisition, the director owned 13,689 shares of the company's stock, valued at $2,664,153.18. The trade was a 23.11% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Laura Alber acquired 2,571 shares of Salesforce stock in a transaction that occurred on Thursday, March 19th. The shares were purchased at an average price of $194.58 per share, for a total transaction of $500,265.18. Following the completion of the purchase, the director directly owned 9,530 shares of the company's stock, valued at $1,854,347.40. The trade was a 36.94% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 3.00% of the company's stock.
Wall Street Analyst Weigh In
A number of analysts recently issued reports on CRM shares. Wolfe Research reissued an "outperform" rating on shares of Salesforce in a research report on Thursday, January 15th. KeyCorp cut their target price on shares of Salesforce from $400.00 to $300.00 and set an "overweight" rating on the stock in a research note on Tuesday, February 24th. Barclays decreased their price target on shares of Salesforce from $265.00 to $252.00 and set an "overweight" rating for the company in a research report on Thursday, February 26th. Weiss Ratings reiterated a "hold (c)" rating on shares of Salesforce in a report on Monday, December 29th. Finally, JPMorgan Chase & Co. reduced their price objective on Salesforce from $365.00 to $320.00 and set an "overweight" rating on the stock in a research note on Thursday, February 26th. One research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $279.18.
Read Our Latest Analysis on CRM
About Salesforce
(
Free Report)
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Salesforce, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Salesforce wasn't on the list.
While Salesforce currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy is entering a new growth cycle as rising power demand, expanding data centers, and renewed policy support bring the sector back into focus. After strong gains in recent years, the most impactful phase of nuclear investment may still be ahead.
This report highlights seven nuclear energy stocks positioned across the value chain—combining near-term revenue with long-term upside as next-generation technologies scale. Click the link below to unlock the full list.
Get This Free Report
