Maridea Wealth Management LLC Acquires New Stake in Salesforce Inc. $CRM

Maridea Wealth Management LLC bought a new position in shares of Salesforce Inc. (NYSE:CRM) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 2,911 shares of the CRM provider’s stock, valued at approximately $456,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Commonwealth Retirement Investments LLC acquired a new position in shares of Salesforce in the fourth quarter worth approximately $25,000. Key Capital Management INC acquired a new stake in Salesforce during the 4th quarter valued at approximately $26,000. Gilpin Wealth Management LLC acquired a new stake in Salesforce during the 4th quarter valued at approximately $26,000. Swiss RE Ltd. bought a new position in Salesforce during the 4th quarter worth approximately $28,000. Finally, Birchwood Financial Partners Inc. bought a new position in Salesforce during the 4th quarter worth approximately $28,000. 80.43% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on CRM. Wolfe Research lowered shares of Salesforce from an “outperform” rating to a “hold” rating in a research note on Wednesday, July 1st. Citigroup raised shares of Salesforce from a “hold” rating to a “buy” rating in a research note on Wednesday, July 1st. Scotiabank lowered shares of Salesforce from a “sector outperform” rating to a “sector perform” rating in a report on Thursday, June 18th. Erste Group Bank raised shares of Salesforce from a “hold” rating to a “buy” rating in a research report on Wednesday, August 5th. Finally, Jefferies Financial Group upgraded Salesforce from a “buy” rating to a “buy” rating in a report on Wednesday, July 1st. Two analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, seventeen have issued a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $249.05.

Trending Headlines about Salesforce

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: JPMorgan resumed coverage with an Overweight rating and a $250 price target, citing potential acceleration in Salesforce’s core business during the second half of the year. The target implies more than 24% upside from recent levels. JPMorgan bullish Salesforce coverage
• Positive Sentiment: Monness Crespi & Hardt raised its Salesforce price target to $222 from $200 and maintained a Buy rating. UBS and Wells Fargo also reportedly forecast strong appreciation, reinforcing improving sell-side sentiment. Monness Crespi Salesforce price target
• Positive Sentiment: Salesforce’s Agentforce platform is gaining traction, giving the company a way to use its large CRM customer base to compete with Microsoft and Oracle in enterprise “agentic” AI. Salesforce agentic AI analysis
• Positive Sentiment: A Seeking Alpha analysis argues that Salesforce’s $27.1 billion share-repurchase program, equivalent to an estimated 23% net buyback yield, could support earnings-per-share growth. The stock also appears inexpensive at roughly 14 times forward earnings, although buybacks have increased debt. Salesforce buyback analysis
• Neutral Sentiment: Salesforce has recently posted strong momentum, with reports noting three consecutive weeks of gains and substantial one-month appreciation. That run may be encouraging investors, but it also raises the possibility of profit-taking.
• Negative Sentiment: Parnassus Investments indicated that Salesforce has lost favor as AI opportunities shift toward competing or substitute technologies. Other commentary likewise warns that alternative software and AI-native tools threaten Salesforce’s traditional CRM franchise. Salesforce AI competition concerns

Salesforce Stock Performance

NYSE:CRM opened at $195.86 on Friday. 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 twelve month low of $146.32 and a twelve month high of $269.11. The company has a fifty day moving average of $171.41 and a 200-day moving average of $182.28. The firm has a market capitalization of $160.41 billion, a P/E ratio of 22.67, a P/E/G ratio of 1.06 and a beta of 1.16.

Salesforce (NYSE:CRM) last issued its earnings results on Wednesday, May 27th. The CRM provider reported $3.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.13 by $0.75. The business had revenue of $11.13 billion for the quarter, compared to analyst estimates of $11.05 billion. Salesforce had a net margin of 18.73% and a return on equity of 18.72%. Salesforce’s revenue was up 13.3% on a year-over-year basis. During the same period in the prior year, the firm 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. As a group, sell-side analysts anticipate that Salesforce Inc. will post 10.27 EPS for the current year.

Salesforce Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 2nd. Stockholders of record on Thursday, June 11th were issued a dividend of $0.44 per share. The ex-dividend date was Thursday, June 11th. This represents a $1.76 annualized dividend and a dividend yield of 0.9%. Salesforce’s dividend payout ratio is currently 20.37%.

Salesforce 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.