Czech National Bank Decreases Holdings in Salesforce Inc. $CRM

Czech National Bank lowered its position in Salesforce Inc. (NYSE:CRM) by 8.8% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 232,850 shares of the CRM provider’s stock after selling 22,338 shares during the quarter. Czech National Bank’s holdings in Salesforce were worth $36,478,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Commonwealth Retirement Investments LLC bought a new position in Salesforce during the fourth quarter worth $25,000. Key Capital Management INC acquired a new stake in shares of Salesforce in the fourth quarter valued at $26,000. Gilpin Wealth Management LLC bought a new position in shares of Salesforce during the 4th quarter valued at about $26,000. Legacy Bridge LLC bought a new stake in Salesforce during the fourth quarter worth approximately $27,000. Finally, Birchwood Financial Partners Inc. acquired a new position in shares of Salesforce in the 4th quarter worth $28,000. Institutional investors and hedge funds own 80.43% of the company’s stock.

Wall Street Analysts Forecast Growth

CRM has been the topic of several analyst reports. Jefferies Financial Group raised shares of Salesforce from a “buy” rating to a “buy” rating in a research report on Wednesday, July 1st. Raymond James Financial reissued a “strong-buy” rating on shares of Salesforce in a research report on Tuesday, July 21st. Wells Fargo & Company reduced their price objective on Salesforce from $210.00 to $200.00 and set an “equal weight” rating for the company in a research note on Thursday, May 28th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $250.00 target price on shares of Salesforce in a research note on Thursday, May 28th. Finally, Erste Group Bank upgraded Salesforce from a “hold” rating to a “buy” rating in a report on Wednesday. Two research analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, sixteen have issued a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $249.51.

More Salesforce News

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Salesforce deployed IL5-authorized Agentforce 360 AI agents to the U.S. Army Human Resources Command through Missionforce National Security. The mission-critical deployment could strengthen Salesforce’s government credentials, demonstrate the reliability of its autonomous AI technology, and support future defense contracts. Why Is Salesforce Deploying IL5 AI Agents in a Major Government Role?
• Positive Sentiment: CEO Marc Benioff argued that Wall Street’s concern that AI will undermine Salesforce is “dead wrong.” Management’s conviction suggests the company expects Agentforce and AI-powered digital labor to expand its addressable market rather than erode its software business. Marc Benioff Says Wall Street’s Fears That AI Will Kill Salesforce Are Dead Wrong
• Positive Sentiment: Erste Group Bank upgraded Salesforce from “hold” to “buy,” indicating that at the recent valuation the risk-reward profile may have improved.
• Neutral Sentiment: Salesforce promoted revenue chief Miguel Milano, a former Oracle executive, to operating chief. The change could improve execution, although it does not immediately alter the company’s financial outlook. Marc Benioff Gets a New Operating Chief
• Neutral Sentiment: Salesforce scheduled its fiscal second-quarter 2027 earnings release and webcast. The event will give investors an opportunity to assess Agentforce adoption, growth, margins, and guidance.
• Negative Sentiment: The key overhang remains investor skepticism that AI agents could disrupt Salesforce’s conventional subscription model or reduce demand for seats. The stock’s decline of more than 30% during 2026 highlights how seriously the market is discounting that risk, even after Salesforce recently exceeded earnings and revenue expectations.

Salesforce Trading Down 3.1%

Shares of NYSE CRM opened at $186.96 on Friday. The business has a 50 day simple moving average of $171.20 and a 200 day simple moving average of $183.19. Salesforce Inc. has a 52 week low of $146.32 and a 52 week high of $269.11. The stock has a market cap of $153.12 billion, a price-to-earnings ratio of 21.64, a PEG ratio of 1.04 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.

Salesforce (NYSE:CRM) last posted its earnings results on Wednesday, May 27th. The CRM provider reported $3.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.13 by $0.75. The firm had revenue of $11.13 billion during the quarter, compared to analysts’ expectations of $11.05 billion. Salesforce had a net margin of 18.73% and a return on equity of 18.72%. The company’s revenue was up 13.3% compared to the same quarter last year. During the same period in the previous 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. On average, research analysts predict that Salesforce Inc. will post 10.27 earnings per share for the current fiscal year.

Salesforce Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, July 2nd. Shareholders of record on Thursday, June 11th were given a dividend of $0.44 per share. The ex-dividend date of this dividend was Thursday, June 11th. This represents a $1.76 dividend on an annualized basis and a yield of 0.9%. Salesforce’s 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.