L1 Capital International Pty Ltd Takes $67.75 Million Position in Salesforce Inc. $CRM

L1 Capital International Pty Ltd bought a new stake in shares of Salesforce Inc. (NYSE:CRM) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 255,733 shares of the CRM provider’s stock, valued at approximately $67,746,000. Salesforce accounts for approximately 3.5% of L1 Capital International Pty Ltd’s portfolio, making the stock its 13th biggest holding.

A number of other institutional investors have also recently modified their holdings of the stock. Public Sector Pension Investment Board increased its holdings in Salesforce by 40.9% in the 3rd quarter. Public Sector Pension Investment Board now owns 897,917 shares of the CRM provider’s stock worth $212,806,000 after purchasing an additional 260,710 shares in the last quarter. Mmbg Investment Advisors CO. increased its holdings in Salesforce by 8.2% in the 3rd quarter. Mmbg Investment Advisors CO. now owns 79,627 shares of the CRM provider’s stock worth $18,905,000 after purchasing an additional 6,045 shares in the last quarter. NEOS Investment Management LLC increased its holdings in Salesforce by 50.0% in the 3rd quarter. NEOS Investment Management LLC now owns 116,874 shares of the CRM provider’s stock worth $27,699,000 after purchasing an additional 38,963 shares in the last quarter. SFE Investment Counsel increased its holdings in Salesforce by 82.7% in the 4th quarter. SFE Investment Counsel now owns 17,394 shares of the CRM provider’s stock worth $4,608,000 after purchasing an additional 7,871 shares in the last quarter. Finally, Van ECK Associates Corp increased its holdings in Salesforce by 8.9% in the 3rd quarter. Van ECK Associates Corp now owns 1,299,513 shares of the CRM provider’s stock worth $307,984,000 after purchasing an additional 106,107 shares in the last quarter. 80.43% of the stock is currently owned by institutional investors.

Insider Activity at Salesforce

In other news, Director Laura Alber purchased 2,571 shares of the business’s stock in a transaction on Thursday, March 19th. The shares were acquired at an average price of $194.58 per share, for a total transaction of $500,265.18. Following the completion of the acquisition, the director owned 9,530 shares in the company, valued at approximately $1,854,347.40. The trade was a 36.94% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director David Blair Kirk bought 2,570 shares of the company’s stock in a transaction dated Wednesday, March 18th. The stock was bought at an average price of $194.62 per share, for a total transaction of $500,173.40. Following the acquisition, the director directly owned 13,689 shares of the company’s stock, valued at approximately $2,664,153.18. This represents a 23.11% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 3.50% of the stock is currently owned by corporate insiders.

Salesforce Trading Down 0.2%

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

Salesforce (NYSE:CRM) last announced its quarterly earnings results on Wednesday, May 27th. The CRM provider reported $3.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.13 by $0.75. The business had revenue of $11.13 billion for the quarter, compared to analyst estimates of $11.05 billion. Salesforce had a return on equity of 18.72% and a net margin of 18.73%.The company’s quarterly revenue was up 13.3% on a year-over-year basis. During the same quarter in the prior year, the company 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. Research analysts forecast that Salesforce Inc. will post 10.29 earnings per share for the current year.

Salesforce declared that its board has authorized a share buyback plan on Monday, March 16th that authorizes the company to repurchase $25.00 billion in outstanding shares. This repurchase authorization authorizes the CRM provider to reacquire up to 14.1% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s leadership believes its shares are undervalued.

Salesforce Dividend Announcement

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

Key Stories Impacting Salesforce

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

Wall Street Analyst Weigh In

CRM has been the topic of a number of analyst reports. Mizuho reduced their price target on Salesforce from $280.00 to $265.00 and set an “outperform” rating on the stock in a research report on Thursday, February 26th. HSBC upped their price target on Salesforce from $350.00 to $356.00 and gave the company a “buy” rating in a research report on Friday, May 29th. KeyCorp reduced their price target on Salesforce from $300.00 to $290.00 and set an “overweight” rating on the stock in a research report on Thursday, May 28th. Stifel Nicolaus reduced their price target on Salesforce from $300.00 to $250.00 and set a “buy” rating on the stock in a research report on Thursday, February 26th. Finally, Wedbush reissued an “outperform” rating and issued a $325.00 price objective on shares of Salesforce in a research note on Thursday, May 28th. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus 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.