Salesforce Inc. $CRM Shares Sold by Evelyn Partners Investment Management Europe Ltd

Evelyn Partners Investment Management Europe Ltd trimmed its position in shares of Salesforce Inc. (NYSE:CRM) by 61.2% in the first quarter, HoldingsChannel.com reports. The fund owned 1,930 shares of the CRM provider’s stock after selling 3,047 shares during the period. Evelyn Partners Investment Management Europe Ltd’s holdings in Salesforce were worth $360,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of CRM. The Manufacturers Life Insurance Company increased its stake in Salesforce by 31.3% during the first quarter. The Manufacturers Life Insurance Company now owns 3,397,084 shares of the CRM provider’s stock worth $634,134,000 after purchasing an additional 809,856 shares during the period. Gateway Wealth Partners LLC grew its holdings in shares of Salesforce by 350.6% in the first quarter. Gateway Wealth Partners LLC now owns 3,681 shares of the CRM provider’s stock valued at $687,000 after purchasing an additional 2,864 shares in the last quarter. Weiss Asset Management LP acquired a new position in shares of Salesforce in the first quarter valued at approximately $235,000. Delta Global Management LP purchased a new stake in Salesforce during the 1st quarter worth approximately $4,688,000. Finally, Everest Financial Group LLC increased its stake in Salesforce by 3.9% during the 1st quarter. Everest Financial Group LLC now owns 34,532 shares of the CRM provider’s stock worth $6,442,000 after buying an additional 1,282 shares during the period. 80.43% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

CRM has been the subject of several recent research reports. Daiwa Securities Group decreased their price target on shares of Salesforce from $295.00 to $280.00 and set a “buy” rating for the company in a research report on Tuesday, June 2nd. UBS Group reaffirmed an “equal weight” rating on shares of Salesforce in a research report on Tuesday, July 21st. B. Riley Financial increased their price objective on Salesforce from $205.00 to $240.00 and gave the company a “buy” rating in a research note on Thursday, May 28th. Guggenheim upgraded Salesforce from a “neutral” rating to a “buy” rating and set a $228.00 target price for the company in a report on Wednesday, July 1st. Finally, Wolfe Research cut Salesforce from an “outperform” rating to a “hold” rating in a research note on Wednesday, July 1st. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating, sixteen have assigned a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, Salesforce currently has a consensus rating of “Moderate Buy” and an average price target of $249.51.

Salesforce Price Performance

Shares of NYSE CRM opened at $173.34 on Tuesday. The stock’s 50-day simple moving average is $169.96 and its 200-day simple moving average is $186.68. The firm has a market capitalization of $141.96 billion, a PE ratio of 20.06, a price-to-earnings-growth ratio of 0.88 and a beta of 1.18. Salesforce Inc. has a fifty-two week low of $146.32 and a fifty-two week high of $274.00. 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 results on Wednesday, May 27th. The CRM provider reported $3.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.13 by $0.75. The firm had revenue of $11.13 billion during the quarter, compared to the consensus estimate of $11.05 billion. Salesforce had a return on equity of 18.72% and a net margin of 18.73%.The firm’s quarterly revenue was up 13.3% compared to the same quarter last year. During the same period in the prior year, the company 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 research analysts forecast that Salesforce Inc. will post 10.29 EPS for the current fiscal year.

Salesforce Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, July 2nd. Stockholders of record on Thursday, June 11th were issued a $0.44 dividend. The ex-dividend date was Thursday, June 11th. This represents a $1.76 annualized dividend and a dividend yield of 1.0%. Salesforce’s dividend payout ratio is presently 20.37%.

Salesforce News Summary

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Salesforce’s latest quarterly results exceeded expectations, with adjusted earnings of $3.88 per share versus the $3.13 consensus and revenue of $11.13 billion versus $11.05 billion expected. Revenue increased 13.3% year over year, reinforcing confidence in the company’s execution and AI-related growth strategy. Why Did Salesforce Lead Index Gainers After Its Earnings Move?
• Positive Sentiment: The U.S. Department of Veterans Affairs awarded Salesforce, through its distribution network, a three-year Agentic Enterprise License Agreement with a potential value of $1.60 billion. The deal could expand use of Missionforce, Agentforce, Slack, MuleSoft, Tableau and Data 360 across a healthcare network serving approximately 17 million veterans, strengthening Salesforce’s government-cloud and AI-agent credentials. Salesforce’s $1.6 Billion VA AI Deal
• Positive Sentiment: Salesforce participated in a broader rebound among enterprise-software stocks as investors rotated toward AI beneficiaries. The sector move provided additional momentum for CRM, alongside gains in ServiceNow and Workday. Software Rebounds on AI Rotation
• Positive Sentiment: Analysts maintain a consensus “Moderate Buy” rating, while valuation-focused coverage highlights Salesforce as a potential long-term growth stock based on its recurring-revenue model, profitability and AI initiatives. Salesforce Receives Moderate Buy Rating
• Neutral Sentiment: Investors are also focused on the quarterly earnings outlook and whether Agentforce and other AI products can translate into accelerating growth. Expectations are elevated ahead of results, making future guidance important for sustaining the rally. Salesforce’s Quarterly Earnings Preview
• Neutral Sentiment: Comparisons with SAP and ServiceNow emphasize Salesforce’s competitive position in agentic AI, but also underscore ongoing investor concerns about intense competition and the pace of monetization. Salesforce vs. ServiceNow

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.