Taikang Asset Management Hong Kong Co Ltd Has $7.40 Million Stake in Salesforce Inc. $CRM

Taikang Asset Management Hong Kong Co Ltd reduced its stake in shares of Salesforce Inc. (NYSE:CRM) by 20.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 27,915 shares of the CRM provider’s stock after selling 7,307 shares during the period. Taikang Asset Management Hong Kong Co Ltd’s holdings in Salesforce were worth $7,395,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CRM. Norges Bank acquired a new stake in shares of Salesforce in the fourth quarter valued at about $3,182,951,000. Capital World Investors lifted its stake in shares of Salesforce by 159.0% in the third quarter. Capital World Investors now owns 17,325,206 shares of the CRM provider’s stock worth $4,106,255,000 after acquiring an additional 10,636,161 shares during the period. Cardano Risk Management B.V. lifted its stake in shares of Salesforce by 924.7% in the fourth quarter. Cardano Risk Management B.V. now owns 3,883,610 shares of the CRM provider’s stock worth $1,028,807,000 after acquiring an additional 3,504,605 shares during the period. Capital International Investors boosted its holdings in Salesforce by 13.3% in the fourth quarter. Capital International Investors now owns 22,721,010 shares of the CRM provider’s stock valued at $6,019,199,000 after acquiring an additional 2,669,891 shares during the last quarter. Finally, Hotchkis & Wiley Capital Management LLC bought a new stake in Salesforce in the third quarter valued at approximately $484,852,000. 80.43% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on CRM shares. HSBC lifted their target price on shares of Salesforce from $350.00 to $356.00 and gave the stock a “buy” rating in a research note on Friday, May 29th. Needham & Company LLC reiterated a “buy” rating on shares of Salesforce in a research report on Tuesday. Canaccord Genuity Group reissued a “buy” rating and set a $225.00 target price on shares of Salesforce in a research note on Tuesday. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $250.00 price target on shares of Salesforce in a research note on Thursday, May 28th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of Salesforce in a report on Monday. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Salesforce presently has an average rating of “Moderate Buy” and a consensus price target of $259.26.

Salesforce News Roundup

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Salesforce agreed to buy AI customer-service platform Fin for about $3.6 billion, a move that should strengthen its Agentforce strategy and expand its agentic AI capabilities across chat, email, WhatsApp, SMS and voice channels. Investors see this as a way to deepen Salesforce’s AI offering and potentially improve long-term growth. Reuters article
• Positive Sentiment: Several analysts remained constructive after the deal, with firms including Wedbush, Needham and Canaccord reaffirming bullish views and pointing to Salesforce’s cash generation, large buyback capacity and AI monetization potential as support for the investment case. Proactive Investors article
• Neutral Sentiment: Salesforce’s record cash flow, rising margins and $50 billion buyback plan continue to support shareholder-return arguments, but these positives are being weighed against broader concerns about the pace of growth reacceleration. Yahoo Finance article
• Neutral Sentiment: Some commentary remains mixed, with analysts trimming fair-value estimates and questioning how quickly Salesforce can monetize AI and reaccelerate revenue, which is contributing to cautious sentiment around CRM. Yahoo Finance article
• Negative Sentiment: Salesforce’s stock has been pressured by concerns that its acquisition-heavy strategy is not yet restoring growth fast enough, and one report noted the shares have fallen to annual lows amid Wall Street skepticism. Stocktwits article

Salesforce Price Performance

CRM opened at $161.74 on Wednesday. Salesforce Inc. has a 1 year low of $160.50 and a 1 year high of $276.80. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.79 and a quick ratio of 0.79. The firm’s fifty day moving average price is $179.14 and its two-hundred day moving average price is $205.79. The company has a market capitalization of $132.47 billion, a price-to-earnings ratio of 18.72, a P/E/G ratio of 1.02 and a beta of 1.16.

Salesforce (NYSE:CRM) last posted its quarterly earnings data on Wednesday, May 27th. The CRM provider reported $3.88 EPS for the quarter, beating the consensus estimate of $3.13 by $0.75. Salesforce had a net margin of 18.73% and a return on equity of 18.72%. The firm had revenue of $11.13 billion during the quarter, compared to analyst estimates of $11.05 billion. During the same quarter last year, the business posted $2.58 EPS. The company’s revenue for the quarter was up 13.3% on a year-over-year basis. 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, analysts anticipate that Salesforce Inc. will post 10.29 earnings per share for the current fiscal year.

Salesforce Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 2nd. Investors of record on Thursday, June 11th will be issued a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Thursday, June 11th. Salesforce’s dividend payout ratio (DPR) is 20.37%.

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

Insider Buying and Selling

In other Salesforce news, Director Laura Alber acquired 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, with a total value of $500,265.18. Following the completion of the transaction, the director owned 9,530 shares in the company, 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 document filed with the SEC, which is accessible through this link. Company insiders own 3.50% of the company’s stock.

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.