Visionary Wealth Advisors Makes New Investment in Salesforce Inc. $CRM

Visionary Wealth Advisors bought a new position in Salesforce Inc. (NYSE:CRM) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 3,377 shares of the CRM provider’s stock, valued at approximately $529,000.

Other hedge funds have also modified their holdings of the company. Fred Alger Management LLC boosted its holdings in Salesforce by 0.3% in the 3rd quarter. Fred Alger Management LLC now owns 14,943 shares of the CRM provider’s stock worth $3,548,000 after acquiring an additional 45 shares during the period. Synergy Financial Group LTD raised its stake in shares of Salesforce by 2.4% during the third quarter. Synergy Financial Group LTD now owns 2,035 shares of the CRM provider’s stock valued at $482,000 after purchasing an additional 48 shares during the period. CBIZ Investment Advisory Services LLC raised its stake in shares of Salesforce by 35.4% during the fourth quarter. CBIZ Investment Advisory Services LLC now owns 199 shares of the CRM provider’s stock valued at $53,000 after purchasing an additional 52 shares during the period. Krane Funds Advisors LLC lifted its position in shares of Salesforce by 0.7% during the fourth quarter. Krane Funds Advisors LLC now owns 8,254 shares of the CRM provider’s stock worth $2,187,000 after purchasing an additional 57 shares in the last quarter. Finally, HBW Advisory Services LLC boosted its stake in shares of Salesforce by 0.4% in the first quarter. HBW Advisory Services LLC now owns 13,098 shares of the CRM provider’s stock valued at $2,445,000 after purchasing an additional 57 shares during the period. 80.43% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on CRM shares. HC Wainwright downgraded shares of Salesforce to a “negative” rating in a research note on Thursday, June 18th. JPMorgan Chase & Co. assumed coverage on shares of Salesforce in a research report on Thursday, August 13th. They issued an “overweight” rating and a $250.00 price objective for the company. Guggenheim reaffirmed a “buy” rating and set a $228.00 target price on shares of Salesforce in a research report on Thursday, August 20th. UBS Group boosted their price target on Salesforce from $185.00 to $210.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 12th. Finally, KeyCorp downgraded Salesforce from an “overweight” rating to a “sector weight” rating in a report on Wednesday, July 8th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating, eighteen have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $249.87.

Key Salesforce News

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: BTIG Research reaffirmed its Buy rating and set a $255 price target, implying substantial upside from recent trading levels. The bullish view reflects confidence in Salesforce’s AI opportunity and earnings outlook. Benzinga article
• Positive Sentiment: One analyst argues Salesforce remains undervalued, citing its AI-enabled growth potential, modest valuation and significant share repurchases. The company’s reported $27.5 billion buyback has reduced shares outstanding and could provide support for earnings per share and the stock. Salesforce Forcing Itself Higher Through Massive Buybacks And AI-Led Growth
• Positive Sentiment: Analysts expect AI cloud demand, acquisitions and disciplined spending to support second-quarter results, with revenue growth forecast at approximately 10.6%. Salesforce is also being discussed as a potential beneficiary of broader enterprise AI adoption. Salesforce Set to Report Q2 Earnings
• Neutral Sentiment: Salesforce has rallied toward the $210 area and is testing a resistance zone near its June high. A strong earnings reaction could determine whether the recent advance continues or stalls. Salesforce Stock Hits a Crucial Resistance Ahead of Earnings
• Negative Sentiment: The main risk is that Salesforce’s earnings report fails to demonstrate a meaningful sales-growth reacceleration. Analysts and investors remain cautious about slower software growth, elevated AI expectations and the possibility that the broader AI trade could weaken. Salesforce Earnings Due: Will Sales Growth Reacceleration Hold Up?

Salesforce Stock Performance

Shares of CRM stock opened at $209.19 on Tuesday. The stock has a market capitalization of $171.32 billion, a price-to-earnings ratio of 24.21, a PEG ratio of 1.13 and a beta of 1.16. Salesforce Inc. has a one year low of $146.32 and a one year high of $269.11. The company’s 50-day simple moving average is $175.23 and its 200-day simple moving average is $181.44. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.79 and a current ratio of 0.79.

Salesforce (NYSE:CRM) last announced its quarterly earnings data on Wednesday, May 27th. The CRM provider reported $3.88 earnings per share for the quarter, beating the consensus estimate of $3.13 by $0.75. Salesforce had a return on equity of 18.72% and a net margin of 18.73%.The firm had revenue of $11.13 billion during the quarter, compared to analyst estimates of $11.05 billion. During the same period in the previous year, the company earned $2.58 earnings per share. Salesforce’s quarterly revenue was up 13.3% on a year-over-year basis. Salesforce has set its FY 2027 guidance at 14.060-14.120 EPS and its Q2 2027 guidance at 3.250-3.270 EPS. Equities analysts anticipate that Salesforce Inc. will post 10.27 earnings per share for the current fiscal year.

Salesforce Dividend Announcement

The company also recently declared 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 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Thursday, June 11th. 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.