Lombard Odier Asset Management Europe Ltd Purchases 6,289 Shares of Salesforce Inc. $CRM

Lombard Odier Asset Management Europe Ltd boosted its position in shares of Salesforce Inc. (NYSE:CRM) by 18.1% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 40,959 shares of the CRM provider’s stock after acquiring an additional 6,289 shares during the period. Lombard Odier Asset Management Europe Ltd’s holdings in Salesforce were worth $7,646,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of CRM. Commonwealth Retirement Investments LLC acquired a new position in shares of Salesforce during the fourth quarter worth $25,000. Key Capital Management INC acquired a new stake in shares of Salesforce in the 4th quarter worth $26,000. Gilpin Wealth Management LLC purchased a new position in Salesforce during the 4th quarter worth $26,000. Legacy Bridge LLC acquired a new position in Salesforce during the 4th quarter valued at about $27,000. Finally, Costello Asset Management INC raised its stake in Salesforce by 410.3% in the first quarter. Costello Asset Management INC now owns 148 shares of the CRM provider’s stock valued at $28,000 after buying an additional 119 shares during the last quarter. 80.43% of the stock is currently owned by institutional investors and hedge funds.

Salesforce Stock Up 4.3%

CRM stock opened at $163.65 on Friday. Salesforce Inc. has a one year low of $146.32 and a one year high of $274.00. The firm has a market cap of $134.03 billion, a PE ratio of 18.94, a PEG ratio of 0.88 and a beta of 1.18. The firm’s 50 day moving average price is $170.08 and its 200-day moving average price is $187.79. 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 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 company had revenue of $11.13 billion during the quarter, compared to analyst estimates of $11.05 billion. During the same period in the prior year, the business posted $2.58 earnings per share. The firm’s revenue for the quarter was up 13.3% compared to the same quarter last year. 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, equities research analysts anticipate that Salesforce Inc. will post 10.29 EPS for the current year.

Salesforce Announces Dividend

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 1.1%. The ex-dividend date of this dividend was Thursday, June 11th. Salesforce’s dividend payout ratio (DPR) is presently 20.37%.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on CRM. Sanford C. Bernstein cut their price target on Salesforce from $194.00 to $173.00 and set an “underperform” rating on the stock in a research report on Thursday, May 28th. Citigroup upgraded shares of Salesforce from a “hold” rating to a “buy” rating in a research report on Wednesday, July 1st. Macquarie Infrastructure decreased their target price on Salesforce from $200.00 to $190.00 and set a “neutral” rating on the stock in a research report on Thursday, May 28th. Phillip Securities cut shares of Salesforce from a “buy” rating to a “hold” rating and dropped their price objective for the company from $253.00 to $166.00 in a research note on Monday, June 29th. Finally, The Goldman Sachs Group started coverage on Salesforce in a report on Thursday, June 18th. They issued a “neutral” rating for the company. Two analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating, sixteen have given a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $249.51.

Key Headlines Impacting Salesforce

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Salesforce said the U.S. Department of Veterans Affairs awarded it a $1.6 billion, three-year agreement to help modernize veteran care and services through its Missionforce platform, a major enterprise and government win that could support future revenue growth. Article Title
• Positive Sentiment: Market commentary highlighted Salesforce as part of a broader rally in enterprise software tied to government AI deals, suggesting investors are rewarding the company’s AI-driven growth story and large-addressable-market opportunity. Article Title
• Positive Sentiment: Salesforce also announced equity awards for new employees joining from the acquisitions of Qualified and MeshMesh, reinforcing that the company is still using M&A and talent integration to expand its product capabilities. Article Title
• Neutral Sentiment: Several pieces discussed Salesforce’s longer-term outlook and AI platform strategy, including third-party takes on catalysts and new apps built on Salesforce, which support the stock’s narrative but are less immediate drivers than the VA deal. Article Title
• Negative Sentiment: One article flagged a “critical security test” for Salesforce, which could raise investor concerns about execution and platform trust, though it is not as immediate as the contract news. Article Title
• Negative Sentiment: Salesforce was also mentioned in a piece about the company falling more than the broader market the prior day, reflecting that the stock has still been under pressure despite the recent upbeat headlines. Article Title

About Salesforce

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.