Orion Capital Management LLC Makes New Investment in Salesforce Inc. $CRM

Orion Capital Management LLC purchased a new position in Salesforce Inc. (NYSE:CRM) in the second quarter, Holdings Channel reports. The fund purchased 3,447 shares of the CRM provider’s stock, valued at approximately $540,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Commonwealth Retirement Investments LLC bought a new stake in shares of Salesforce in the fourth quarter valued at approximately $25,000. Manning & Napier Advisors LLC bought a new stake in Salesforce in the second quarter valued at about $26,000. Gilpin Wealth Management LLC acquired a new position in shares of Salesforce in the 4th quarter worth approximately $26,000. Persistent Asset Partners Ltd acquired a new position in Salesforce during the second quarter worth $27,000. Finally, Costello Asset Management INC lifted its holdings in shares of Salesforce by 410.3% during the first 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 during the period. 80.43% of the stock is currently owned by institutional investors and hedge funds.

Salesforce Stock Up 1.8%

Shares of NYSE:CRM opened at $256.60 on Friday. 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. 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 P/E ratio of 23.39, a P/E/G ratio of 1.36 and a beta of 1.16.

Salesforce (NYSE:CRM) last announced its earnings results on Wednesday, August 26th. The CRM provider reported $5.90 earnings per share for the quarter, topping analysts’ consensus estimates of $3.27 by $2.63. Salesforce had a net margin of 21.99% and a return on equity of 24.90%. The company had revenue of $11.35 billion during the quarter, compared to the consensus estimate of $11.33 billion. During the same period in the previous year, the firm posted $2.91 earnings per share. The company’s revenue was up 10.8% on a year-over-year basis. Salesforce has set its FY 2027 guidance at 16.670-16.710 EPS and its Q3 2027 guidance at 3.420-3.440 EPS. As a group, research analysts forecast 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 analyst reports. Monness Crespi & Hardt upped their target price on shares of Salesforce from $222.00 to $266.00 and gave the stock a “buy” rating in a report on Thursday. HSBC boosted their price target on shares of Salesforce from $350.00 to $356.00 and gave the company a “buy” rating in a research report on Friday, May 29th. CLSA began coverage on shares of Salesforce in a research note on Monday, July 20th. They set a “hold” rating and a $165.00 price objective on the stock. Guggenheim reiterated a “buy” rating and issued a $228.00 target price on shares of Salesforce in a research note on Thursday. Finally, The Goldman Sachs Group reissued a “buy” rating on shares of Salesforce in a report on Thursday. Three equities research 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 company’s stock. According to data from MarketBeat.com, Salesforce presently has an average rating of “Moderate Buy” and a consensus target price of $261.15.

More Salesforce News

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 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.