4,630 Shares in Salesforce Inc. $CRM Purchased by Field & Main Bank

Field & Main Bank bought a new stake in shares of Salesforce Inc. (NYSE:CRM) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 4,630 shares of the CRM provider’s stock, valued at approximately $725,000.

Other institutional investors also recently added to or reduced their stakes in the company. Commonwealth Retirement Investments LLC bought a new stake in Salesforce in the 4th quarter valued at $25,000. Manning & Napier Advisors LLC bought a new stake in shares of Salesforce in the second quarter valued at about $26,000. Gilpin Wealth Management LLC acquired a new stake in Salesforce during the fourth quarter worth about $26,000. Persistent Asset Partners Ltd acquired a new position in Salesforce in the 2nd quarter valued at approximately $27,000. Finally, Costello Asset Management INC raised its holdings in Salesforce by 410.3% in the 1st quarter. Costello Asset Management INC now owns 148 shares of the CRM provider’s stock valued at $28,000 after acquiring an additional 119 shares in the last quarter. 80.43% of the stock is owned by institutional investors.

Trending Headlines about Salesforce

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Strong quarterly beat and raised outlook: Salesforce reported adjusted EPS of $5.90 versus the $3.27 consensus estimate, while revenue rose 10.8% year over year to $11.35 billion, broadly topping expectations. Management raised its fiscal 2027 revenue outlook to approximately $46.1 billion-$46.4 billion and pointed to stronger bookings, lower attrition and potential organic growth reacceleration. Salesforce Stock Soars After Strong Results, Raised Outlook
• Positive Sentiment: AI partnership strengthens the growth narrative: Salesforce expanded its alliance with Anthropic, integrating Claude into Agentforce and launching “Claudeforce,” which places Salesforce CRM capabilities inside Claude. Investors viewed the agreement as evidence that Salesforce can monetize AI and benefit from rising usage; Agentforce and Data 360 annual recurring revenue approached $3.9 billion, with Agentforce ARR reaching about $1.5 billion. Salesforce Soars on Earnings Beat and AI Partnership
• Positive Sentiment: Analyst and institutional support: Wolfe Research upgraded CRM to “strong buy,” while several firms raised price targets, including Truist to $300, JPMorgan to $265 and Mizuho to $265. Heavy trading and reports of institutional buying suggest investors are reassessing the stock’s valuation and the broader software sector’s AI prospects.
• Neutral Sentiment: Profit quality warrants scrutiny: Strategic investment gains contributed $2.53 of the $5.90 adjusted EPS, including an estimated $2.7 billion unrealized gain tied to Salesforce’s Anthropic investment. This boosted reported earnings but may not represent recurring operating performance. Salesforce Stock Just Soared. Thank Anthropic.
• Negative Sentiment: Valuation and execution risks remain: After the rally, some analysts still see limited upside or downside, with UBS, Citi, Morgan Stanley and Wells Fargo retaining neutral or equivalent ratings. Critics also caution that Anthropic could control the AI orchestration layer, potentially limiting Salesforce’s long-term strategic leverage, while the rapid move may already price in much of the AI opportunity.

Salesforce Price Performance

NYSE:CRM opened at $256.60 on Friday. The company has a quick ratio of 0.79, a current ratio of 0.84 and a debt-to-equity ratio of 1.02. The firm has a market cap of $210.16 billion, a PE ratio of 23.39, a price-to-earnings-growth ratio of 1.36 and a beta of 1.16. Salesforce Inc. has a 12 month low of $146.32 and a 12 month high of $269.11. The company’s 50-day moving average price is $181.24 and its two-hundred day moving average price is $182.55.

Salesforce (NYSE:CRM) last posted its earnings results on Wednesday, August 26th. The CRM provider reported $5.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.27 by $2.63. The company had revenue of $11.35 billion during the quarter, compared to analysts’ expectations of $11.33 billion. Salesforce had a net margin of 21.99% and a return on equity of 24.90%. Salesforce’s quarterly revenue was up 10.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.91 earnings per share. Salesforce has set its FY 2027 guidance at 16.670-16.710 EPS and its Q3 2027 guidance at 3.420-3.440 EPS. On average, equities analysts anticipate that Salesforce Inc. will post 10.27 EPS for the current fiscal year.

Analysts Set New Price Targets

CRM has been the topic of several recent research reports. Royal Bank Of Canada lifted their price objective on Salesforce from $210.00 to $250.00 and gave the stock a “sector perform” rating in a report on Thursday. Morgan Stanley raised their target price on Salesforce from $185.00 to $235.00 and gave the stock an “equal weight” rating in a research report on Thursday. Oppenheimer reiterated an “outperform” rating and set a $275.00 price target (up from $250.00) on shares of Salesforce in a research note on Thursday. JPMorgan Chase & Co. boosted their price target on shares of Salesforce from $250.00 to $265.00 and gave the company an “overweight” rating in a report on Thursday. Finally, Roth Capital restated a “buy” rating and issued a $325.00 price objective on shares of Salesforce in a research note on Thursday, May 28th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, fifteen have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, Salesforce has an average rating of “Moderate Buy” and an average price target of $261.15.

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.