Invesco Ltd. Reduces Stock Position in Salesforce Inc. $CRM

Invesco Ltd. reduced its stake in shares of Salesforce Inc. (NYSE:CRM) by 26.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,238,848 shares of the CRM provider’s stock after selling 1,916,664 shares during the quarter. Invesco Ltd.’s holdings in Salesforce were worth $1,387,823,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Commonwealth Retirement Investments LLC bought a new position in shares of Salesforce during the 4th quarter worth $25,000. Board of the Pension Protection Fund bought a new stake in Salesforce during the 4th quarter valued at $26,000. Key Capital Management INC bought a new stake in Salesforce during the 4th quarter valued at $26,000. Gilpin Wealth Management LLC purchased a new position in shares of Salesforce in the 4th quarter valued at $26,000. Finally, Legacy Bridge LLC purchased a new position in shares of Salesforce in the 4th quarter valued at $27,000. Institutional investors own 80.43% of the company’s stock.

Salesforce Stock Performance

Shares of Salesforce stock opened at $151.67 on Friday. The company has a 50 day moving average price of $177.91 and a 200 day moving average price of $204.72. The firm has a market capitalization of $124.22 billion, a P/E ratio of 17.55, a PEG ratio of 0.97 and a beta of 1.16. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 1.15. Salesforce Inc. has a 52 week low of $149.80 and a 52 week high of $276.80.

Salesforce (NYSE:CRM) last issued its quarterly 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. Salesforce had a net margin of 18.73% and a return on equity of 18.72%. The business had revenue of $11.13 billion for the quarter, compared to analyst estimates of $11.05 billion. During the same quarter in the prior year, the business posted $2.58 EPS. Salesforce’s revenue for the quarter was up 13.3% compared to the same quarter last year. Salesforce has set its FY 2027 guidance at 14.060-14.120 EPS and its Q2 2027 guidance at 3.250-3.270 EPS. Sell-side analysts expect that Salesforce Inc. will post 10.29 EPS for the current year.

Salesforce declared that its Board of Directors has authorized a stock buyback program on Monday, March 16th that allows the company to repurchase $25.00 billion in outstanding shares. This repurchase authorization allows the CRM provider to buy up to 14.1% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s management believes its shares are undervalued.

Salesforce Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 2nd. Investors of record on Thursday, June 11th will be paid a $0.44 dividend. The ex-dividend date is Thursday, June 11th. This represents a $1.76 dividend on an annualized basis and a yield of 1.2%. Salesforce’s dividend payout ratio (DPR) is 20.37%.

Wall Street Analysts Forecast Growth

CRM has been the subject of a number of analyst reports. Northland Securities decreased their price objective on Salesforce from $267.00 to $229.00 and set a “market perform” rating for the company in a research note on Tuesday, March 10th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $250.00 target price on shares of Salesforce in a research note on Thursday, May 28th. HC Wainwright downgraded shares of Salesforce to a “negative” rating in a report on Thursday. Wells Fargo & Company lowered their price target on shares of Salesforce from $210.00 to $200.00 and set an “equal weight” rating on the stock in a report on Thursday, May 28th. Finally, Macquarie Infrastructure cut their price objective on shares of Salesforce from $200.00 to $190.00 and set a “neutral” rating on the stock in a research report on Thursday, May 28th. One analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, twelve have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $257.61.

Salesforce News Summary

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Monness Crespi & Hardt upgraded Salesforce to buy from neutral and set a $200 price target, citing valuation appeal and potential AI-driven upside. Read More
• Positive Sentiment: Truist reiterated confidence in Salesforce after its $3.6 billion Fin acquisition, viewing the deal as another step in expanding its AI automation and customer-agent capabilities. Article Title
• Positive Sentiment: Multiple articles highlighted Salesforce as a long-term growth stock, with analysts pointing to its AI platform, Agentforce, and ongoing product expansion as reasons for optimism. Article Title
• Neutral Sentiment: Salesforce’s latest AI and acquisition story continues to attract attention, including coverage of the Fin deal and a new partnership announcement, which could support the long-term growth narrative if execution remains strong. Article Title
• Negative Sentiment: Other commentary remained cautious, with UBS keeping a neutral rating and some analysts cutting fair value estimates amid questions about AI monetization, unit economics, and growth reacceleration. Article Title
• Negative Sentiment: A comparison piece against Oracle underscored that Salesforce’s recent earnings and outlook have not been viewed as strongly as some peers, reinforcing investor concern about near-term performance versus other software names. Article Title

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.