UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $2.22 Billion Holdings in Salesforce Inc. $CRM

Key Points

• UBS AM trimmed its Salesforce stake slightly in the fourth quarter, selling 58,289 shares and ending with 8.4 million shares worth about $2.22 billion. The position still represented roughly 0.9% of Salesforce.
• Salesforce’s latest results beat expectations, with quarterly EPS of $3.88 on revenue of $11.13 billion, up 13.3% year over year. AI-related momentum was a highlight, as AI/data ARR reached $3.4 billion and Agentforce hit $1.2 billion in ARR.
• Despite strong fundamentals, the stock remains under pressure, trading near its 52-week low at $166.07 and below both its 50-day and 200-day averages. The company also has a $25 billion buyback authorization, and analysts currently rate the stock a "Moderate Buy" with a $259.26 average target price.

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lessened its holdings in shares of Salesforce Inc. (NYSE:CRM - Free Report) by 0.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,395,107 shares of the CRM provider's stock after selling 58,289 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.90% of Salesforce worth $2,223,948,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Commonwealth Retirement Investments LLC acquired a new position in Salesforce during the fourth quarter worth approximately $25,000. Board of the Pension Protection Fund acquired a new position in Salesforce during the fourth quarter worth approximately $26,000. Key Capital Management INC acquired a new position in Salesforce during the fourth quarter worth approximately $26,000. Gilpin Wealth Management LLC acquired a new position in shares of Salesforce in the fourth quarter valued at approximately $26,000. Finally, Legacy Bridge LLC acquired a new position in shares of Salesforce in the fourth quarter valued at approximately $27,000. Institutional investors and hedge funds own 80.43% of the company's stock.

Key Salesforce News

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Salesforce’s latest quarter was strong, with revenue of $11.13 billion, EPS of $3.88, and AI/data ARR rising to $3.4 billion; Agentforce alone reached $1.2 billion in ARR, reinforcing the company’s AI growth story and supporting the bullish case. Article Title
• Positive Sentiment: Erste Group Bank raised its earnings expectations for Salesforce, estimating FY2027 EPS at $10.17 and FY2028 EPS at $11.07, which suggests confidence in longer-term profitability. Article Title
• Positive Sentiment: Salesforce is getting renewed attention from market watchers, and several articles highlight that its AI pivot and low valuation could attract investors if execution continues to improve. Article Title
• Neutral Sentiment: Salesforce is also being discussed in the context of broader software-sector weakness, with investors favoring AI infrastructure and chip names over traditional subscription software. Article Title
• Negative Sentiment: Salesforce announced another round of layoffs tied to its AI and Marketing Cloud teams, signaling restructuring pressure as it shifts toward AI-focused and usage-based monetization models. Article Title
• Negative Sentiment: Several reports note that CRM shares are near 52-week lows as investors worry the market is rotating away from legacy software names, keeping pressure on the stock despite solid fundamentals. Article Title

Salesforce Trading Down 0.2%

Shares of CRM stock opened at $166.07 on Friday. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 1.15. The stock has a market cap of $136.01 billion, a P/E ratio of 19.22, a price-to-earnings-growth ratio of 1.04 and a beta of 1.16. The stock has a 50 day simple moving average of $180.10 and a 200 day simple moving average of $206.89. Salesforce Inc. has a 1 year low of $161.40 and a 1 year high of $276.80.

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 (EPS) for the quarter, beating the consensus estimate of $3.13 by $0.75. The business had revenue of $11.13 billion during the quarter, compared to analysts' expectations of $11.05 billion. Salesforce had a return on equity of 18.72% and a net margin of 18.73%.The firm's revenue for the quarter was up 13.3% compared to the same quarter last year. During the same period in the previous year, the company posted $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. On average, research analysts predict that Salesforce Inc. will post 10.29 earnings per share for the current fiscal year.

Salesforce announced that its board has authorized a stock repurchase program on Monday, March 16th that allows the company to buyback $25.00 billion in shares. This buyback authorization allows the CRM provider to repurchase up to 14.1% of its stock through open market purchases. Stock buyback programs are typically a sign that the company's board of directors believes its shares are undervalued.

Salesforce Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 2nd. Investors of record on Thursday, June 11th will be paid a $0.44 dividend. This represents a $1.76 annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Thursday, June 11th. Salesforce's payout ratio is 20.37%.

Insider Activity at Salesforce

In other Salesforce news, Director Laura Alber bought 2,571 shares of the business's stock in a transaction on Thursday, March 19th. The stock was purchased at an average cost 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 approximately $1,854,347.40. This trade represents a 36.94% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director David Blair Kirk bought 2,570 shares of the business's stock in a transaction on Wednesday, March 18th. The shares were acquired at an average price of $194.62 per share, with a total value of $500,173.40. Following the completion of the purchase, the director directly owned 13,689 shares of the company's stock, valued at approximately $2,664,153.18. The trade was a 23.11% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders own 3.50% of the company's stock.

Analyst Ratings Changes

Several equities analysts have recently commented on CRM shares. Stifel Nicolaus decreased their target price on Salesforce from $300.00 to $250.00 and set a "buy" rating on the stock in a research report on Thursday, February 26th. Wall Street Zen raised Salesforce from a "hold" rating to a "buy" rating in a research report on Saturday, June 6th. DA Davidson decreased their target price on Salesforce from $200.00 to $175.00 and set a "neutral" rating on the stock in a research report on Thursday, May 28th. Wedbush reaffirmed an "outperform" rating and issued a $325.00 target price on shares of Salesforce in a research report on Thursday, May 28th. Finally, Royal Bank Of Canada reaffirmed a "neutral" rating on shares of Salesforce in a research report on Thursday, June 4th. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $259.26.

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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