Investment Management Corp of Ontario Boosts Holdings in Salesforce Inc. $CRM

Investment Management Corp of Ontario grew its position in shares of Salesforce Inc. (NYSE:CRM) by 42.5% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 78,950 shares of the CRM provider’s stock after purchasing an additional 23,564 shares during the period. Investment Management Corp of Ontario’s holdings in Salesforce were worth $20,915,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Commonwealth Retirement Investments LLC purchased a new stake in shares of Salesforce during the fourth quarter valued at approximately $25,000. Board of the Pension Protection Fund purchased a new stake in shares of Salesforce during the fourth quarter worth about $26,000. Key Capital Management INC purchased a new stake in shares of Salesforce during the fourth quarter worth about $26,000. Gilpin Wealth Management LLC purchased a new stake in shares of Salesforce during the fourth quarter worth about $26,000. Finally, Legacy Bridge LLC purchased a new stake in shares of Salesforce during the fourth quarter worth about $27,000. Hedge funds and other institutional investors own 80.43% of the company’s stock.

Trending Headlines about Salesforce

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Salesforce announced a $3.6 billion acquisition of Fin, a customer AI agent platform, reinforcing its push into agentic AI and potentially expanding its automation and customer-service capabilities. Salesforce to acquire customer AI agent platform Fin for $3.6B
• Positive Sentiment: Some analysts remain constructive, with reaffirmed Buy ratings and targets well above the current share price, suggesting potential upside if Salesforce’s AI strategy and cash generation continue to improve. Analyst rating updates
• Neutral Sentiment: UBS reiterated a Neutral rating, reflecting a wait-and-see stance as investors assess whether Salesforce can convert its AI investments into faster growth. UBS sticks neutral
• Neutral Sentiment: Reports highlighting strong cash flow, rising margins, and a large buyback plan support the view that Salesforce still has financial flexibility to reward shareholders while investing in growth. CRM’s Record Cash Generation Support Robust Shareholder Returns
• Negative Sentiment: Multiple articles raised concerns that Salesforce’s acquisition-heavy strategy may not be translating into sustained growth reacceleration, with some analysts cutting fair value estimates and questioning AI monetization. Salesforce (CRM) Stock Sees Fair Value Cut As Analysts Question AI Growth Path
• Negative Sentiment: Commentary also pointed to “unit economic” concerns and recent share-price weakness, suggesting investors are worried the market is still paying closer attention to execution risk than to the long-term AI opportunity. Salesforce: Putting The Spotlight On The Unit Economic Concerns

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on CRM shares. Wells Fargo & Company dropped their target price on Salesforce from $210.00 to $200.00 and set an “equal weight” rating on the stock in a research report on Thursday, May 28th. Morgan Stanley dropped their price target on shares of Salesforce from $398.00 to $287.00 and set an “overweight” rating for the company in a research note on Monday, February 23rd. UBS Group restated a “neutral” rating on shares of Salesforce in a research note on Tuesday. B. Riley Financial boosted their price objective on Salesforce from $205.00 to $240.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Finally, The Goldman Sachs Group reissued a “buy” rating and issued a $281.00 price objective on shares of Salesforce in a report on Thursday, February 26th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $259.26.

Salesforce Stock Performance

NYSE:CRM opened at $154.88 on Thursday. Salesforce Inc. has a twelve month low of $154.23 and a twelve month high of $276.80. 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 company has a 50-day moving average of $178.54 and a 200-day moving average of $205.28. The firm has a market cap of $126.85 billion, a price-to-earnings ratio of 17.93, a price-to-earnings-growth ratio of 1.01 and a beta of 1.16.

Salesforce (NYSE:CRM) last released its quarterly earnings data on Wednesday, May 27th. The CRM provider reported $3.88 earnings per share for the quarter, topping the consensus estimate of $3.13 by $0.75. The business had revenue of $11.13 billion during 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 revenue was up 13.3% compared to the same quarter last year. During the same period last year, the company posted $2.58 EPS. Salesforce has set its FY 2027 guidance at 14.060-14.120 EPS and its Q2 2027 guidance at 3.250-3.270 EPS. Analysts forecast that Salesforce Inc. will post 10.29 earnings per share for the current fiscal year.

Salesforce declared that its Board of Directors has approved a stock repurchase program on Monday, March 16th that permits the company to repurchase $25.00 billion in shares. This repurchase authorization permits the CRM provider to purchase up to 14.1% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s board of directors believes its stock is undervalued.

Salesforce Announces Dividend

The company also recently announced 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. This represents a $1.76 annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Thursday, June 11th. Salesforce’s dividend payout ratio (DPR) is presently 20.37%.

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.