Blue Capital Inc. Makes New $662,000 Investment in Salesforce Inc. $CRM

Blue Capital Inc. purchased a new position in shares of Salesforce Inc. (NYSE:CRM) during the 1st quarter, HoldingsChannel.com reports. The fund purchased 3,544 shares of the CRM provider’s stock, valued at approximately $662,000.

A number of other hedge funds have also recently modified their holdings of CRM. Commonwealth Retirement Investments LLC purchased a new stake in shares of Salesforce in the 4th quarter valued at approximately $25,000. Board of the Pension Protection Fund purchased a new stake in shares of Salesforce during the 4th quarter valued at approximately $26,000. Key Capital Management INC purchased a new stake in shares of Salesforce during the 4th quarter valued at approximately $26,000. Gilpin Wealth Management LLC acquired a new position in Salesforce in the fourth quarter valued at approximately $26,000. Finally, Legacy Bridge LLC acquired a new position in Salesforce in the fourth quarter valued at approximately $27,000. Hedge funds and other institutional investors own 80.43% of the company’s stock.

Trending Headlines about Salesforce

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Guggenheim upgraded Salesforce to Buy and argued the stock’s recent weakness offers a better buying opportunity, helping fuel a rebound in CRM shares. Salesforce Will Face AI Disruption but Stock Still Gets an Upgrade to Buy
• Positive Sentiment: Analysts highlighted Salesforce’s Data 360 momentum, AI-driven recurring revenue growth, and potential Informatica synergies as reasons fiscal 2027 revenue growth could improve. Can Salesforce’s Data 360 Momentum Drive Stronger FY27 Growth?
• Positive Sentiment: Citizens reiterated a Market Outperform rating after Salesforce’s Fin acquisition and Agentforce expansion, reinforcing the bullish AI/productivity narrative. Citizens Reiterates Market Outperform Rating on Salesforce (CRM) Following Fin Acquisition and Agentforce Expansion
• Neutral Sentiment: Several articles noted that Salesforce remains a popular analyst consensus pick, with a “Moderate Buy” view broadly still in place. Salesforce Inc. (NYSE:CRM) Given Consensus Recommendation of “Moderate Buy” by Analysts
• Negative Sentiment: Despite the upgrade-driven bounce, Salesforce has still been hit by heavy recent selling, with coverage noting it fell more than 10% over the past month and lost over 25% in June, underscoring investor concern about the pace of growth. Salesforce (CRM) Down More Than 10% Over the Past Month, Here’s What You Need to Know
• Negative Sentiment: Some commentary suggested AI expectations may be getting ahead of fundamentals, with analysts debating whether Salesforce’s valuation still fully reflects slower near-term growth. Salesforce (CRM) Stock Sees Modest Fair Value Cut As Analysts Debate AI Growth

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on CRM shares. Wells Fargo & Company cut their target price on Salesforce from $210.00 to $200.00 and set an “equal weight” rating for the company in a research note on Thursday, May 28th. Wedbush assumed coverage on Salesforce in a research note on Wednesday. They issued an “outperform” rating on the stock. Royal Bank Of Canada cut Salesforce from a “sector perform” rating to a “sector perform” rating in a report on Wednesday. Daiwa Securities Group reduced their price objective on shares of Salesforce from $295.00 to $280.00 and set a “buy” rating on the stock in a report on Tuesday, June 2nd. Finally, Roth Mkm reaffirmed a “buy” rating and issued a $325.00 target price on shares of Salesforce in a research report on Thursday, May 28th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, twelve have given a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $254.42.

Salesforce Price Performance

CRM stock opened at $165.94 on Friday. The business’s fifty day moving average price is $173.71 and its 200 day moving average price is $197.94. Salesforce Inc. has a 12-month low of $146.32 and a 12-month high of $276.80. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 1.15. The company has a market capitalization of $135.90 billion, a PE ratio of 19.21, a P/E/G ratio of 1.02 and a beta of 1.18.

Salesforce (NYSE:CRM) last announced its earnings results on Wednesday, May 27th. The CRM provider reported $3.88 EPS for the quarter, beating analysts’ consensus estimates of $3.13 by $0.75. The company had revenue of $11.13 billion during the quarter, compared to analysts’ expectations of $11.05 billion. Salesforce had a return on equity of 18.72% and a net margin of 18.73%.Salesforce’s revenue for the quarter was up 13.3% on a year-over-year basis. During the same period last year, the business posted $2.58 EPS. Salesforce has set its FY 2027 guidance at 14.060-14.120 EPS and its Q2 2027 guidance at 3.250-3.270 EPS. On average, sell-side analysts anticipate that Salesforce Inc. will post 10.29 EPS for the current year.

Salesforce Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 2nd. Stockholders of record on Thursday, June 11th were paid a $0.44 dividend. The ex-dividend date of this dividend was Thursday, June 11th. This represents a $1.76 annualized dividend and a dividend yield of 1.1%. Salesforce’s dividend payout ratio (DPR) is presently 20.37%.

Salesforce declared that its Board of Directors has approved a stock buyback plan on Monday, March 16th that allows the company to repurchase $25.00 billion in shares. This repurchase authorization allows the CRM provider to reacquire up to 14.1% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s leadership believes its stock is undervalued.

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.