Temasek Holdings Private Ltd Boosts Position in Salesforce Inc. $CRM

Temasek Holdings Private Ltd lifted its stake in shares of Salesforce Inc. (NYSE:CRM) by 3.7% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 683,790 shares of the CRM provider’s stock after acquiring an additional 24,332 shares during the period. Temasek Holdings Private Ltd’s holdings in Salesforce were worth $181,143,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Vanguard Group Inc. increased its position in shares of Salesforce by 0.3% during the 4th quarter. Vanguard Group Inc. now owns 89,843,166 shares of the CRM provider’s stock worth $23,800,353,000 after purchasing an additional 270,913 shares during the last quarter. State Street Corp increased its position in shares of Salesforce by 1.3% during the 4th quarter. State Street Corp now owns 50,080,230 shares of the CRM provider’s stock worth $13,286,909,000 after purchasing an additional 659,573 shares during the last quarter. Capital International Investors increased its position in shares of Salesforce by 13.3% during the 4th quarter. Capital International Investors now owns 22,721,010 shares of the CRM provider’s stock worth $6,019,199,000 after purchasing an additional 2,669,891 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Salesforce by 3.8% during the 4th quarter. Geode Capital Management LLC now owns 21,782,556 shares of the CRM provider’s stock worth $5,751,073,000 after purchasing an additional 791,345 shares during the last quarter. Finally, Capital World Investors increased its position in shares of Salesforce by 13.5% during the 4th quarter. Capital World Investors now owns 19,672,684 shares of the CRM provider’s stock worth $5,211,515,000 after purchasing an additional 2,347,478 shares during the last quarter. 80.43% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Salesforce

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Salesforce’s $3.6 billion purchase of Fin expands its AI agent and customer-support capabilities, which could strengthen its competitive position and boost future growth. Reuters article
• Positive Sentiment: Analysts said the deal pushes Salesforce further into customer engagement and reinforces its strategy around Agentforce and autonomous tech. Seeking Alpha article
• Positive Sentiment: Market coverage suggested the acquisition helped the stock break a recent losing streak, as investors welcomed a clearer AI growth story. Stocktwits article
• Neutral Sentiment: Some commentary emphasized that Salesforce is still under pressure to prove its AI investments will translate into faster growth and better margins. Seeking Alpha article
• Negative Sentiment: A prior downgrade warned that CRM could face further technical downside if market skepticism persists despite the AI-focused deal. Seeking Alpha article

Analysts Set New Price Targets

Several equities analysts have weighed in on CRM shares. Northland Securities dropped their target price on Salesforce from $267.00 to $229.00 and set a “market perform” rating for the company in a research report on Tuesday, March 10th. Sanford C. Bernstein dropped their target price on Salesforce from $194.00 to $173.00 and set an “underperform” rating for the company in a research report on Thursday, May 28th. Morgan Stanley dropped their target price on Salesforce from $398.00 to $287.00 and set an “overweight” rating for the company in a research report on Monday, February 23rd. DA Davidson dropped their target price on Salesforce from $200.00 to $175.00 and set a “neutral” rating for the company in a research report on Thursday, May 28th. Finally, Weiss Ratings raised Salesforce from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, June 3rd. One equities research 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 issued a Sell rating to the stock. According to data from MarketBeat.com, Salesforce has a consensus rating of “Moderate Buy” and an average target price of $259.26.

Insider Transactions at Salesforce

In other Salesforce news, Director David Blair Kirk bought 2,570 shares of the firm’s stock in a transaction that occurred on Wednesday, March 18th. The stock was purchased at an average price of $194.62 per share, for a total transaction of $500,173.40. Following the completion of the purchase, the director directly owned 13,689 shares in the company, valued at $2,664,153.18. This trade represents a 23.11% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Laura Alber bought 2,571 shares of the firm’s stock in a transaction that occurred 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 purchase, the director owned 9,530 shares of the company’s stock, valued at $1,854,347.40. The trade was a 36.94% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders own 3.50% of the company’s stock.

Salesforce Stock Performance

Shares of Salesforce stock opened at $164.45 on Tuesday. Salesforce Inc. has a one year low of $161.40 and a one year high of $276.80. The company has a market cap of $134.69 billion, a PE ratio of 19.03, a P/E/G ratio of 1.03 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. The business has a 50-day simple moving average of $179.65 and a 200-day simple moving average of $206.26.

Salesforce (NYSE:CRM) last announced its quarterly earnings data on Wednesday, May 27th. The CRM provider reported $3.88 EPS for the quarter, topping analysts’ consensus estimates of $3.13 by $0.75. Salesforce had a return on equity of 18.72% and a net margin of 18.73%.The business had revenue of $11.13 billion during the quarter, compared to the consensus estimate of $11.05 billion. During the same period in the previous year, the company posted $2.58 earnings per share. The business’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. On average, equities research analysts forecast that Salesforce Inc. will post 10.29 EPS for the current fiscal year.

Salesforce Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 2nd. Stockholders of record on Thursday, June 11th will be given a dividend of $0.44 per share. The ex-dividend date of this dividend is Thursday, June 11th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 1.1%. Salesforce’s payout ratio is currently 20.37%.

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 reacquire up to 14.1% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s leadership believes its shares are undervalued.

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.