Oslo Pensjonsforsikring AS purchased a new stake in shares of Salesforce Inc. (NYSE:CRM – Free Report) in the 1st quarter, HoldingsChannel.com reports. The firm purchased 5,001 shares of the CRM provider’s stock, valued at approximately $934,000.
A number of other large investors also recently bought and sold shares of the stock. Temasek Holdings Private Ltd grew its stake in Salesforce by 3.7% in the 4th quarter. Temasek Holdings Private Ltd now owns 683,790 shares of the CRM provider’s stock valued at $181,143,000 after acquiring an additional 24,332 shares during the period. SFE Investment Counsel raised its position in Salesforce by 82.7% during the fourth quarter. SFE Investment Counsel now owns 17,394 shares of the CRM provider’s stock worth $4,608,000 after acquiring an additional 7,871 shares during the period. Secured Retirement Advisors LLC purchased a new position in Salesforce during the first quarter valued at $1,004,000. Hilton Head Capital Partners LLC purchased a new position in Salesforce during the fourth quarter valued at $997,000. Finally, Independent Franchise Partners LLP purchased a new stake in shares of Salesforce during the fourth quarter worth about $142,521,000. 80.43% of the stock is owned by institutional investors and hedge funds.
Salesforce Stock Performance
NYSE:CRM opened at $170.37 on Wednesday. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.79 and a quick ratio of 0.79. The firm has a market capitalization of $139.53 billion, a price-to-earnings ratio of 19.72, a PEG ratio of 0.94 and a beta of 1.18. The company’s 50-day moving average is $170.55 and its two-hundred day moving average is $189.35. Salesforce Inc. has a 1-year low of $146.32 and a 1-year high of $274.00.
Salesforce Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 2nd. Investors 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 of this dividend was Thursday, June 11th. Salesforce’s dividend payout ratio (DPR) is presently 20.37%.
Analysts Set New Price Targets
Several equities research analysts recently issued reports on the company. TD Cowen reiterated a “buy” rating on shares of Salesforce in a research note on Friday, June 12th. Canaccord Genuity Group restated a “buy” rating and issued a $225.00 target price on shares of Salesforce in a research report on Tuesday, June 16th. Citigroup raised Salesforce from a “hold” rating to a “buy” rating in a research note on Wednesday, July 1st. Wedbush assumed coverage on Salesforce in a research note on Wednesday, July 1st. They issued an “outperform” rating for the company. Finally, UBS Group restated an “equal weight” rating on shares of Salesforce in a report on Tuesday. Two investment analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating, seventeen have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $249.51.
Check Out Our Latest Report on Salesforce
Salesforce News Roundup
Here are the key news stories impacting Salesforce this week:
- Positive Sentiment: Some analysts still see Salesforce as attractively valued versus peers, citing faster AI growth and stronger earnings revisions, which supports the case for further upside. Salesforce vs. Adobe: Which Enterprise Software Stock Has the Edge?
- Positive Sentiment: Salesforce continues to draw investor attention, and some bullish commentary points to the stock being far below prior levels with meaningful upside if execution improves. Salesforce Cratered 33% in 2026. One Analyst Sees It Exploding Nearly 200%
- Positive Sentiment: Salesforce’s technology is still being adopted in mission-critical settings, including a broader U.S. Air Force rollout of Missionforce for fleet management. Salesforce (CRM) Lands Broad Air Force Role Managing A Global Military Vehicle Fleet
- Neutral Sentiment: Salesforce remains a widely watched stock, but this mainly reflects ongoing investor interest rather than a clear new fundamental catalyst. Salesforce, Inc. (CRM) is Attracting Investor Attention: Here is What You Should Know
- Neutral Sentiment: Coverage comparing Salesforce with Adyen and other stocks is mostly informational and does not appear to be a major driver on its own. CRM vs. ADYEY: Which Stock Should Value Investors Buy Now?
- Negative Sentiment: Morgan Stanley’s downgrade and sharply reduced price target are the clearest near-term negative catalysts, reinforcing concerns that upside may be more limited than previously expected. Salesforce slides on back of Morgan Stanley downgrade
- Negative Sentiment: A report about a company canceling a large Salesforce contract in favor of an AI-built CRM highlights competitive pressure from lower-cost, AI-native alternatives. Curative CEO says company ditched a $600k-a-year Salesforce contract after vibecoding a CRM in 2 months
- Negative Sentiment: Fireflies’ new AI Sales Suite adds another AI-driven competitor in sales intelligence and CRM-adjacent software, which could add to long-term competitive concerns for Salesforce. Fireflies launches AI Sales Suite, bringing enterprise sales intelligence to its 20 million users at a fraction of what legacy platforms charge
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.
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