Salesforce Inc. $CRM Stock Holdings Increased by Fernbridge Capital Management LP

Key Points

• Fernbridge Capital Management LP increased its Salesforce stake by 22.4% in Q3 to 1,759,109 shares, making CRM its largest position (20.3% of the fund) and owning about 0.18% of Salesforce worth approximately $416.9 million.
• Salesforce beat quarterly expectations with EPS of $3.81 vs. $3.05 and $11.20B in revenue (up 12.1% YoY), set FY27 EPS guidance of 13.110–13.190, and priced a $25B senior-note offering whose proceeds management intends to use for buybacks.
• Insider activity was mixed: Director David Blair Kirk bought 1,936 shares at $258.64 while Director Neelie Kroes sold 3,893 shares, and insiders hold about 3.0% of the company.

Fernbridge Capital Management LP increased its holdings in shares of Salesforce Inc. (NYSE:CRM - Free Report) by 22.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,759,109 shares of the CRM provider's stock after purchasing an additional 322,249 shares during the period. Salesforce makes up 20.3% of Fernbridge Capital Management LP's holdings, making the stock its biggest position. Fernbridge Capital Management LP owned approximately 0.18% of Salesforce worth $416,909,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the business. Aspire Growth Partners LLC lifted its holdings in shares of Salesforce by 1.2% in the 3rd quarter. Aspire Growth Partners LLC now owns 3,355 shares of the CRM provider's stock valued at $795,000 after buying an additional 39 shares during the period. Abacus Planning Group Inc. grew its holdings in Salesforce by 3.1% during the third quarter. Abacus Planning Group Inc. now owns 1,420 shares of the CRM provider's stock worth $337,000 after acquiring an additional 43 shares during the period. 17 Capital Partners LLC grew its holdings in Salesforce by 1.9% during the second quarter. 17 Capital Partners LLC now owns 2,321 shares of the CRM provider's stock worth $633,000 after acquiring an additional 44 shares during the period. Code Waechter LLC raised its position in Salesforce by 5.3% during the third quarter. Code Waechter LLC now owns 871 shares of the CRM provider's stock valued at $209,000 after acquiring an additional 44 shares in the last quarter. Finally, Capital A Wealth Management LLC raised its position in Salesforce by 40.9% during the second quarter. Capital A Wealth Management LLC now owns 155 shares of the CRM provider's stock valued at $41,000 after acquiring an additional 45 shares in the last quarter. 80.43% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director David Blair Kirk bought 1,936 shares of Salesforce stock in a transaction on Wednesday, December 17th. The stock was acquired at an average price of $258.64 per share, with a total value of $500,727.04. Following the completion of the acquisition, the director directly owned 10,677 shares of the company's stock, valued at $2,761,499.28. The trade was a 22.15% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Neelie Kroes sold 3,893 shares of the firm's stock in a transaction that occurred on Wednesday, January 14th. The shares were sold at an average price of $238.70, for a total value of $929,259.10. Following the completion of the transaction, the director owned 7,299 shares in the company, valued at approximately $1,742,271.30. This trade represents a 34.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 3.00% of the company's stock.

Analyst Upgrades and Downgrades

CRM has been the topic of several recent research reports. Mizuho lowered their price objective on Salesforce from $280.00 to $265.00 and set an "outperform" rating on the stock in a research report on Thursday, February 26th. DA Davidson decreased their target price on shares of Salesforce from $235.00 to $200.00 and set a "neutral" rating for the company in a research note on Friday, February 27th. Guggenheim reissued a "neutral" rating on shares of Salesforce in a report on Thursday, December 4th. Wall Street Zen raised shares of Salesforce from a "hold" rating to a "buy" rating in a report on Friday, November 28th. Finally, KeyCorp decreased their price objective on shares of Salesforce from $400.00 to $300.00 and set an "overweight" rating for the company in a research report on Tuesday, February 24th. One analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Salesforce has a consensus rating of "Moderate Buy" and a consensus target price of $282.06.

Salesforce News Roundup

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Salesforce is rolling out Agentforce, its contact-center-as-a-service push aimed at replacing fragmented contact-center stacks—this could deepen wallet-share with large enterprise customers and support growth in CRM-adjacent services. Salesforce Aims to End the ‘Frankenstein’ Contact Center With Agentforce
• Positive Sentiment: Salesforce added six Agentforce Health agents pre-wired with integrations for healthcare workflows—strengthens vertical product shelf and could accelerate adoption in a high-value industry. Salesforce Announces Six New Agentforce Health Agents Pre-Wired With Rich Integrations
• Positive Sentiment: Management intends to use net proceeds from the $25B senior-note offering to fund buybacks—this can be EPS-accretive and supports shareholder returns if repurchases are executed. Salesforce Prices Public Offering of Senior Notes
• Neutral Sentiment: Analyst roundups following Salesforce’s fiscal Q4 results highlight mixed views—earnings beat and guidance were solid, but some analysts remain cautious on valuation and AI execution risk. What are Analysts Thinking of Salesforce (CRM) Following Fourth Quarter Fiscal 2026 Results?
• Neutral Sentiment: Formal notice that the $25B notes have been priced is a factual development—markets are focused on coupon levels and close conditions. Salesforce Prices Public Offering of Senior Notes
• Neutral Sentiment: Competitive ecosystem moves: LivePerson launched integrations that work with Salesforce, underscoring partner/competitor dynamics in conversational AI and contact-center orchestration. LivePerson Announces Event-driven Orchestration Partnership with Coral Active
• Negative Sentiment: Market commentary warns investors demanded higher yields on the bond sale—Zacks flags caution around rising leverage and AI uncertainty, which can pressure multiples and sentiment. Salesforce Taps Bonds for Buybacks as Investors Demand More Yield
• Negative Sentiment: Recent analyst downgrade(s) and at least one pessimistic price forecast have added selling pressure and negative sentiment near term. Salesforce NYSE: CRM Stock Price Down 2% on Analyst Downgrade Northland Securities Issues Pessimistic Forecast for Salesforce NYSE: CRM Stock Price

Salesforce Price Performance

Salesforce stock opened at $192.63 on Friday. The stock has a market capitalization of $177.80 billion, a P/E ratio of 24.66, a P/E/G ratio of 1.45 and a beta of 1.29. The company's fifty day moving average price is $210.48 and its 200 day moving average price is $235.15. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.76 and a current ratio of 0.76. Salesforce Inc. has a 1 year low of $174.57 and a 1 year high of $296.05.

Salesforce (NYSE:CRM - Get Free Report) last posted its quarterly earnings data on Wednesday, February 25th. The CRM provider reported $3.81 earnings per share for the quarter, topping analysts' consensus estimates of $3.05 by $0.76. The company had revenue of $11.20 billion during the quarter, compared to analysts' expectations of $11.18 billion. Salesforce had a net margin of 17.96% and a return on equity of 15.38%. The firm's revenue for the quarter was up 12.1% on a year-over-year basis. During the same period in the prior year, the business posted $2.78 earnings per share. 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 research analysts anticipate that Salesforce Inc. will post 7.46 earnings per share for the current fiscal year.

Salesforce Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 23rd. Investors of record on Thursday, April 9th will be paid a $0.44 dividend. The ex-dividend date of this dividend is Thursday, April 9th. This represents a $1.76 dividend on an annualized basis and a yield of 0.9%. This is a boost from Salesforce's previous quarterly dividend of $0.42. Salesforce's dividend payout ratio is 21.25%.

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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