Quantinno Capital Management LP Trims Position in Salesforce Inc. $CRM

Quantinno Capital Management LP trimmed its position in shares of Salesforce Inc. (NYSE:CRM) by 3.4% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 504,355 shares of the CRM provider’s stock after selling 17,666 shares during the period. Quantinno Capital Management LP’s holdings in Salesforce were worth $94,148,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Fred Alger Management LLC increased its stake in Salesforce by 0.3% in the 3rd quarter. Fred Alger Management LLC now owns 14,943 shares of the CRM provider’s stock worth $3,548,000 after buying an additional 45 shares in the last quarter. Richards Merrill & Peterson Inc. lifted its position in shares of Salesforce by 1.1% in the fourth quarter. Richards Merrill & Peterson Inc. now owns 4,239 shares of the CRM provider’s stock valued at $1,123,000 after acquiring an additional 46 shares in the last quarter. Wright Investors Service Inc. lifted its position in shares of Salesforce by 0.8% in the fourth quarter. Wright Investors Service Inc. now owns 6,186 shares of the CRM provider’s stock valued at $1,639,000 after acquiring an additional 47 shares in the last quarter. Shum Financial Group Inc. boosted its stake in shares of Salesforce by 1.1% in the fourth quarter. Shum Financial Group Inc. now owns 4,236 shares of the CRM provider’s stock worth $1,122,000 after acquiring an additional 48 shares during the period. Finally, Mowery & Schoenfeld Wealth Management LLC boosted its stake in shares of Salesforce by 6.9% in the fourth quarter. Mowery & Schoenfeld Wealth Management LLC now owns 745 shares of the CRM provider’s stock worth $197,000 after acquiring an additional 48 shares during the period. Hedge funds and other institutional investors own 80.43% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on CRM. HC Wainwright downgraded Salesforce to a “negative” rating in a research note on Thursday, June 18th. Royal Bank Of Canada cut Salesforce from a “sector perform” rating to a “sector perform” rating in a report on Wednesday, July 1st. CLSA began coverage on Salesforce in a research note on Monday, July 20th. They issued a “hold” rating and a $165.00 price target for the company. Morgan Stanley reaffirmed an “equal weight” rating and set a $185.00 price objective (down from $287.00) on shares of Salesforce in a report on Tuesday, July 21st. Finally, Scotiabank cut shares of Salesforce from a “sector outperform” rating to a “sector perform” rating in a research report on Thursday, June 18th. Two research analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating, sixteen have assigned a Hold rating and four have given a Sell rating to the stock. According to MarketBeat.com, Salesforce currently has an average rating of “Moderate Buy” and an average price target of $249.51.

Trending Headlines about Salesforce

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Salesforce’s latest quarterly results exceeded expectations, with adjusted earnings of $3.88 per share versus the $3.13 consensus and revenue of $11.13 billion versus $11.05 billion expected. Revenue increased 13.3% year over year, reinforcing confidence in the company’s execution and AI-related growth strategy. Why Did Salesforce Lead Index Gainers After Its Earnings Move?
• Positive Sentiment: The U.S. Department of Veterans Affairs awarded Salesforce, through its distribution network, a three-year Agentic Enterprise License Agreement with a potential value of $1.60 billion. The deal could expand use of Missionforce, Agentforce, Slack, MuleSoft, Tableau and Data 360 across a healthcare network serving approximately 17 million veterans, strengthening Salesforce’s government-cloud and AI-agent credentials. Salesforce’s $1.6 Billion VA AI Deal
• Positive Sentiment: Salesforce participated in a broader rebound among enterprise-software stocks as investors rotated toward AI beneficiaries. The sector move provided additional momentum for CRM, alongside gains in ServiceNow and Workday. Software Rebounds on AI Rotation
• Positive Sentiment: Analysts maintain a consensus “Moderate Buy” rating, while valuation-focused coverage highlights Salesforce as a potential long-term growth stock based on its recurring-revenue model, profitability and AI initiatives. Salesforce Receives Moderate Buy Rating
• Neutral Sentiment: Investors are also focused on the quarterly earnings outlook and whether Agentforce and other AI products can translate into accelerating growth. Expectations are elevated ahead of results, making future guidance important for sustaining the rally. Salesforce’s Quarterly Earnings Preview
• Neutral Sentiment: Comparisons with SAP and ServiceNow emphasize Salesforce’s competitive position in agentic AI, but also underscore ongoing investor concerns about intense competition and the pace of monetization. Salesforce vs. ServiceNow

Salesforce Trading Up 5.9%

Shares of CRM stock opened at $173.34 on Tuesday. 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 stock has a market capitalization of $141.96 billion, a price-to-earnings ratio of 20.06, a price-to-earnings-growth ratio of 0.88 and a beta of 1.18. Salesforce Inc. has a 12-month low of $146.32 and a 12-month high of $274.00. The stock’s 50-day moving average price is $169.96 and its 200-day moving average price is $186.68.

Salesforce (NYSE:CRM) last announced its quarterly earnings results on Wednesday, May 27th. The CRM provider reported $3.88 EPS for the quarter, beating analysts’ consensus estimates of $3.13 by $0.75. The company 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 firm’s revenue was up 13.3% on a year-over-year basis. During the same period 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. Equities research analysts predict that Salesforce Inc. will post 10.29 EPS for the current fiscal year.

Salesforce Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, July 2nd. Stockholders of record on Thursday, June 11th were given a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date was Thursday, June 11th. Salesforce’s dividend payout ratio is currently 20.37%.

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.