TIAA Trust National Association Grows Stake in Salesforce Inc. $CRM

TIAA Trust National Association grew its position in Salesforce Inc. (NYSE:CRM) by 164.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 92,106 shares of the CRM provider’s stock after purchasing an additional 57,292 shares during the quarter. TIAA Trust National Association’s holdings in Salesforce were worth $24,400,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. grew its holdings in Salesforce by 0.3% in the fourth quarter. Vanguard Group Inc. now owns 89,843,166 shares of the CRM provider’s stock worth $23,800,353,000 after purchasing an additional 270,913 shares during the last quarter. State Street Corp grew its holdings in Salesforce by 0.3% in the third quarter. State Street Corp now owns 49,420,657 shares of the CRM provider’s stock worth $11,732,966,000 after purchasing an additional 159,739 shares during the last quarter. Capital International Investors grew its holdings in Salesforce by 13.3% in the fourth quarter. Capital International Investors now owns 22,721,010 shares of the CRM provider’s stock worth $6,019,199,000 after purchasing an additional 2,669,891 shares during the last quarter. Geode Capital Management LLC grew its holdings in Salesforce by 3.8% in the fourth quarter. Geode Capital Management LLC now owns 21,782,556 shares of the CRM provider’s stock worth $5,751,073,000 after purchasing an additional 791,345 shares during the last quarter. Finally, Capital World Investors grew its holdings in Salesforce by 13.5% in the fourth quarter. Capital World Investors now owns 19,672,684 shares of the CRM provider’s stock worth $5,211,515,000 after purchasing an additional 2,347,478 shares during the last quarter. 80.43% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Salesforce

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Salesforce announced the acquisition of m3ter, a consumption-based metering and billing platform, to strengthen Agentforce Revenue Management and support usage-based pricing for AI products and services. This could help Salesforce monetize AI more flexibly and deepen its role in enterprise software billing. Article: Salesforce m3ter Deal Highlights Shift Toward Usage Based AI Revenue
• Positive Sentiment: Bloomberg reported that Salesforce’s stake in Anthropic has grown to about $5 billion, underscoring the company’s strategic exposure to one of the leading AI startups and reinforcing its AI investment thesis ahead of a possible IPO. Article: Salesforce’s Anthropic Stake Reportedly Reaches $5 Billion as AI Startup Eyes IPO
• Neutral Sentiment: Salesforce presented at the Mizuho Technology Conference, which may have given investors an update on strategy and product momentum, but the transcript itself did not include a clear new catalyst. Article: Salesforce, Inc. (CRM) Presents at Mizuho Technology Conference 2026 Transcript
• Neutral Sentiment: Multiple industry pieces highlighted improved investor confidence in Salesforce’s earnings quality and a lower valuation after a broader tech selloff, which may help sentiment but are not company-specific operating updates. Article: Shareholders Can Be Confident That Salesforce’s (NYSE:CRM) Earnings Are High Quality
• Negative Sentiment: Reports that Salesforce laid off employees again, including cuts tied to Agentforce, are weighing on the stock and suggest the company is still adjusting its AI rollout and cost structure. Article: Salesforce lays off employees in a new round of cuts
• Negative Sentiment: Some commentary says AI competition has pressured Salesforce in the latest quarter, and that the stock has slipped despite the company’s earnings beat and the m3ter deal, pointing to investor concern that AI rivals may be limiting upside. Article: AI Competition Pressured Salesforce (CRM) in Q1

Salesforce Trading Down 4.0%

Shares of Salesforce stock opened at $175.30 on Wednesday. The firm has a 50-day simple moving average of $181.17 and a two-hundred day simple moving average of $207.98. The company has a market cap of $143.57 billion, a P/E ratio of 20.29, a price-to-earnings-growth ratio of 1.14 and a beta of 1.16. Salesforce Inc. has a fifty-two week low of $163.52 and a fifty-two week high of $276.80. 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 issued its quarterly earnings data on Wednesday, May 27th. The CRM provider reported $3.88 earnings per share for the quarter, topping analysts’ consensus estimates of $3.13 by $0.75. The business had revenue of $11.13 billion during the quarter, compared to the consensus estimate of $11.05 billion. Salesforce had a net margin of 18.73% and a return on equity of 18.72%. The company’s revenue was up 13.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $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, equities analysts predict that Salesforce Inc. will post 10.3 earnings per share for the current fiscal year.

Salesforce announced that its board has authorized a stock repurchase plan on Monday, March 16th that permits the company to repurchase $25.00 billion in shares. This repurchase authorization permits the CRM provider to reacquire up to 14.1% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s board of directors believes its stock is undervalued.

Salesforce Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 2nd. Stockholders of record on Thursday, June 11th will be paid a dividend of $0.44 per share. The ex-dividend date of this dividend is Thursday, June 11th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 1.0%. Salesforce’s payout ratio is currently 20.37%.

Insider Transactions at Salesforce

In related news, Director David Blair Kirk bought 2,570 shares of the business’s stock in a transaction dated Wednesday, March 18th. The stock was acquired at an average price of $194.62 per share, with a total value of $500,173.40. Following the completion of the purchase, the director directly owned 13,689 shares of the company’s stock, valued at approximately $2,664,153.18. This trade represents a 23.11% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Laura Alber bought 2,571 shares of the business’s stock in a transaction dated Thursday, March 19th. The shares were bought at an average cost of $194.58 per share, with a total value of $500,265.18. Following the purchase, the director directly owned 9,530 shares of the company’s stock, valued at approximately $1,854,347.40. This represents a 36.94% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 3.50% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several research firms have recently commented on CRM. Truist Financial set a $280.00 price objective on shares of Salesforce in a research note on Thursday, February 26th. Weiss Ratings upgraded shares of Salesforce from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, June 3rd. Roth Mkm reiterated a “buy” rating and set a $325.00 price objective on shares of Salesforce in a research note on Thursday, May 28th. DA Davidson lowered their price objective on shares of Salesforce from $200.00 to $175.00 and set a “neutral” rating for the company in a research note on Thursday, May 28th. Finally, Piper Sandler downgraded shares of Salesforce from an “overweight” rating to a “neutral” rating in a research note on Thursday, May 28th. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $261.40.

Salesforce Company 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.