Lombard Odier Asset Management Europe Ltd Sells 6,091,304 Shares of Salesforce Inc. $CRM

Lombard Odier Asset Management Europe Ltd trimmed its position in shares of Salesforce Inc. (NYSE:CRM) by 99.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 34,670 shares of the CRM provider’s stock after selling 6,091,304 shares during the period. Lombard Odier Asset Management Europe Ltd’s holdings in Salesforce were worth $9,184,000 at the end of the most recent quarter.

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

Salesforce News Summary

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Salesforce is deepening its push into agentic AI by acquiring Fin, an AI customer-service platform that handles queries across chat, email, WhatsApp, SMS, phone and Slack. Investors are viewing the deal as a strategic step that could strengthen Salesforce’s position in the fast-growing AI automation market. Reuters article
• Positive Sentiment: Analysts at firms including Wedbush, Canaccord Genuity and Needham reaffirmed bullish views, with price targets well above the current share price, suggesting Wall Street sees meaningful upside if Salesforce’s AI strategy gains traction. Benzinga article
• Positive Sentiment: Commentary around Salesforce’s strong cash generation, rising margins and a $50 billion buyback plan is supporting the investment case by highlighting its ability to fund acquisitions while still returning capital to shareholders. Yahoo Finance article
• Neutral Sentiment: Wedbush said the Fin purchase shows Salesforce is moving faster than expected to secure the AI agent market, but investors are still waiting to see whether these acquisitions translate into faster revenue growth and better returns. Proactive Investors article
• Negative Sentiment: Some coverage is focusing on Salesforce’s steep share-price decline over the past year and the concern that its acquisition-heavy strategy has not yet restored investor confidence, keeping pressure on CRM stock. Invezz article

Analyst Ratings Changes

Several brokerages have recently commented on CRM. Truist Financial set a $280.00 price target on shares of Salesforce in a research report on Thursday, February 26th. BMO Capital Markets cut their price target on shares of Salesforce from $225.00 to $215.00 and set an “outperform” rating on the stock in a research report on Thursday, May 28th. Citigroup restated a “market outperform” rating on shares of Salesforce in a report on Thursday, May 28th. UBS Group reissued a “market outperform” rating on shares of Salesforce in a research report on Thursday, May 28th. Finally, 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 report on Thursday, May 28th. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $259.26.

Salesforce Trading Down 1.7%

Salesforce stock opened at $161.74 on Wednesday. The company has a market cap of $132.47 billion, a price-to-earnings ratio of 18.72, a P/E/G ratio of 1.02 and a beta of 1.16. Salesforce Inc. has a one year low of $160.50 and a one year high of $276.80. The firm has a 50-day moving average of $179.14 and a 200-day moving average of $205.79. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.79 and a quick ratio of 0.79.

Salesforce (NYSE:CRM) last released its quarterly earnings data on Wednesday, May 27th. The CRM provider reported $3.88 EPS 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 company had revenue of $11.13 billion during the quarter, compared to the consensus estimate of $11.05 billion. During the same quarter in the prior year, the firm posted $2.58 EPS. 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 analysts expect that Salesforce Inc. will post 10.29 earnings per share for the current fiscal year.

Salesforce Dividend Announcement

The firm 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. This represents a $1.76 annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Thursday, June 11th. Salesforce’s payout ratio is currently 20.37%.

Salesforce announced that its Board of Directors has authorized a stock repurchase program on Monday, March 16th that allows the company to buyback $25.00 billion in shares. This buyback authorization allows the CRM provider to purchase up to 14.1% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s leadership believes its shares are undervalued.

Insider Buying and Selling at Salesforce

In other Salesforce news, Director Laura Alber purchased 2,571 shares of the business’s stock in a transaction on Thursday, March 19th. The stock was acquired at an average price of $194.58 per share, with a total value of $500,265.18. Following the acquisition, the director directly owned 9,530 shares of the company’s stock, valued at $1,854,347.40. This trade represents a 36.94% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 3.50% of the company’s stock.

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.