Nissay Asset Management Corp Japan Cuts Stock Position in Salesforce Inc. $CRM

Nissay Asset Management Corp Japan trimmed its holdings in Salesforce Inc. (NYSE:CRM) by 10.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 107,323 shares of the CRM provider’s stock after selling 12,190 shares during the period. Nissay Asset Management Corp Japan’s holdings in Salesforce were worth $16,813,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the business. Commonwealth Retirement Investments LLC bought a new stake in Salesforce during the 4th quarter valued at approximately $25,000. Gilpin Wealth Management LLC bought a new position in Salesforce in the 4th quarter worth approximately $26,000. Birchwood Financial Partners Inc. bought a new position in Salesforce in the 4th quarter worth approximately $28,000. Swiss RE Ltd. purchased a new stake in Salesforce during the 4th quarter valued at approximately $28,000. Finally, Dogwood Wealth Management LLC grew its holdings in Salesforce by 285.7% during the 4th quarter. Dogwood Wealth Management LLC now owns 108 shares of the CRM provider’s stock valued at $29,000 after buying an additional 80 shares in the last quarter. Institutional investors own 80.43% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. TD Cowen boosted their target price on shares of Salesforce from $240.00 to $280.00 and gave the stock a “buy” rating in a report on Thursday. Mizuho raised their target price on shares of Salesforce from $250.00 to $265.00 and gave the company an “outperform” rating in a research note on Thursday. Phillip Securities downgraded shares of Salesforce from a “buy” rating to a “hold” rating and reduced their price target for the company from $253.00 to $166.00 in a report on Monday, June 29th. Bank of America assumed coverage on shares of Salesforce in a report on Monday, May 18th. They set an “underperform” rating and a $160.00 price objective for the company. Finally, Morgan Stanley lifted their target price on Salesforce from $185.00 to $235.00 and gave the stock an “equal weight” rating in a report on Thursday. Three investment analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, fifteen have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $261.15.

Salesforce Stock Performance

Shares of NYSE:CRM opened at $256.60 on Friday. Salesforce Inc. has a 52 week low of $146.32 and a 52 week high of $269.11. The stock has a market capitalization of $210.16 billion, a P/E ratio of 23.39, a PEG ratio of 1.38 and a beta of 1.16. The firm has a fifty day simple moving average of $181.24 and a two-hundred day simple moving average of $182.55. The company has a quick ratio of 0.79, a current ratio of 0.84 and a debt-to-equity ratio of 1.02.

Salesforce (NYSE:CRM) last announced its quarterly earnings results on Wednesday, August 26th. The CRM provider reported $5.90 EPS for the quarter, beating analysts’ consensus estimates of $3.27 by $2.63. The firm had revenue of $11.35 billion during the quarter, compared to the consensus estimate of $11.33 billion. Salesforce had a net margin of 21.99% and a return on equity of 24.90%. The firm’s revenue for the quarter was up 10.8% compared to the same quarter last year. During the same quarter last year, the firm earned $2.91 EPS. Salesforce has set its FY 2027 guidance at 16.670-16.710 EPS and its Q3 2027 guidance at 3.420-3.440 EPS. On average, analysts expect that Salesforce Inc. will post 12.77 earnings per share for the current fiscal year.

Trending Headlines about Salesforce

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Strong quarterly beat and raised outlook: Salesforce reported adjusted EPS of $5.90 versus the $3.27 consensus estimate, while revenue rose 10.8% year over year to $11.35 billion, broadly topping expectations. Management raised its fiscal 2027 revenue outlook to approximately $46.1 billion-$46.4 billion and pointed to stronger bookings, lower attrition and potential organic growth reacceleration. Salesforce Stock Soars After Strong Results, Raised Outlook
• Positive Sentiment: AI partnership strengthens the growth narrative: Salesforce expanded its alliance with Anthropic, integrating Claude into Agentforce and launching “Claudeforce,” which places Salesforce CRM capabilities inside Claude. Investors viewed the agreement as evidence that Salesforce can monetize AI and benefit from rising usage; Agentforce and Data 360 annual recurring revenue approached $3.9 billion, with Agentforce ARR reaching about $1.5 billion. Salesforce Soars on Earnings Beat and AI Partnership
• Positive Sentiment: Analyst and institutional support: Wolfe Research upgraded CRM to “strong buy,” while several firms raised price targets, including Truist to $300, JPMorgan to $265 and Mizuho to $265. Heavy trading and reports of institutional buying suggest investors are reassessing the stock’s valuation and the broader software sector’s AI prospects.
• Neutral Sentiment: Profit quality warrants scrutiny: Strategic investment gains contributed $2.53 of the $5.90 adjusted EPS, including an estimated $2.7 billion unrealized gain tied to Salesforce’s Anthropic investment. This boosted reported earnings but may not represent recurring operating performance. Salesforce Stock Just Soared. Thank Anthropic.
• Negative Sentiment: Valuation and execution risks remain: After the rally, some analysts still see limited upside or downside, with UBS, Citi, Morgan Stanley and Wells Fargo retaining neutral or equivalent ratings. Critics also caution that Anthropic could control the AI orchestration layer, potentially limiting Salesforce’s long-term strategic leverage, while the rapid move may already price in much of the AI opportunity.

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.