Aviva PLC Has $213.07 Million Holdings in Salesforce Inc. $CRM

Aviva PLC cut its holdings in Salesforce Inc. (NYSE:CRM) by 4.3% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 804,324 shares of the CRM provider’s stock after selling 35,858 shares during the quarter. Aviva PLC’s holdings in Salesforce were worth $213,073,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Krilogy Financial LLC purchased a new stake in Salesforce in the 3rd quarter valued at $2,944,000. Public Sector Pension Investment Board raised its position in Salesforce by 40.9% in the 3rd quarter. Public Sector Pension Investment Board now owns 897,917 shares of the CRM provider’s stock valued at $212,806,000 after buying an additional 260,710 shares during the last quarter. Varma Mutual Pension Insurance Co raised its position in Salesforce by 27.7% in the 3rd quarter. Varma Mutual Pension Insurance Co now owns 182,428 shares of the CRM provider’s stock valued at $43,235,000 after buying an additional 39,600 shares during the last quarter. Advisors Asset Management Inc. raised its position in Salesforce by 12.7% in the 3rd quarter. Advisors Asset Management Inc. now owns 31,075 shares of the CRM provider’s stock valued at $7,365,000 after buying an additional 3,491 shares during the last quarter. Finally, Caisse Des Depots ET Consignations raised its position in Salesforce by 21.0% in the 3rd quarter. Caisse Des Depots ET Consignations now owns 43,767 shares of the CRM provider’s stock valued at $10,373,000 after buying an additional 7,610 shares during the last quarter. 80.43% of the stock is owned by institutional investors and hedge funds.

Salesforce Stock Down 2.4%

Shares of NYSE:CRM opened at $166.81 on Friday. The company has a market capitalization of $136.61 billion, a PE ratio of 19.31, a price-to-earnings-growth ratio of 1.06 and a beta of 1.16. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.79 and a quick ratio of 0.79. The business has a fifty day moving average price of $180.50 and a two-hundred day moving average price of $207.18. Salesforce Inc. has a 1 year low of $163.31 and a 1 year high of $276.80.

Salesforce (NYSE:CRM) last announced its quarterly earnings data 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 business’s revenue for the quarter was up 13.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $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. Analysts forecast that Salesforce Inc. will post 10.3 earnings per share for the current year.

Salesforce Announces Dividend

The company also recently declared 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 is Thursday, June 11th. This represents a $1.76 annualized dividend and a dividend yield of 1.1%. Salesforce’s dividend payout ratio is presently 20.37%.

Salesforce declared that its board has authorized a stock repurchase program on Monday, March 16th that permits the company to buyback $25.00 billion in shares. This buyback authorization permits the CRM provider to reacquire up to 14.1% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s board believes its shares are undervalued.

Wall Street Analysts Forecast Growth

CRM has been the subject of a number of analyst reports. Stifel Nicolaus lowered their price target on Salesforce from $300.00 to $250.00 and set a “buy” rating for the company in a research report on Thursday, February 26th. Bank of America initiated coverage on Salesforce in a research report on Monday, May 18th. They issued an “underperform” rating and a $160.00 price target for the company. The Goldman Sachs Group restated a “buy” rating and issued a $281.00 price objective on shares of Salesforce in a research note on Thursday, February 26th. Macquarie Infrastructure reduced their price objective on Salesforce from $200.00 to $190.00 and set a “neutral” rating for the company in a research note on Thursday, May 28th. Finally, HSBC upped their price objective on Salesforce from $350.00 to $356.00 and gave the company a “buy” rating in a research note on Friday, May 29th. One analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $259.26.

Insider Buying and Selling at Salesforce

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

Salesforce News Roundup

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Salesforce’s Agentforce annual recurring revenue has surged to $1.2 billion, up 205% year over year, suggesting its AI push is gaining real traction and could support longer-term growth. Salesforce’s AI Business Is Growing More Than 200%, but the Stock Is Near a 52-Week Low. Something Has to Give.
• Positive Sentiment: Salesforce’s acquisition of m3ter should help expand usage-based AI revenue by improving metering and billing for Agentforce and other AI products, which may open new monetization opportunities. Salesforce m3ter Deal Highlights Shift Toward Usage Based AI Revenue
• Positive Sentiment: Reports that Salesforce’s stake in Anthropic has risen to about $5 billion highlight its strategic exposure to a leading AI startup and reinforce the company’s commitment to AI investment. Salesforce’s Anthropic Stake Reportedly Reaches $5 Billion as AI Startup Eyes IPO, Bloomberg Reports
• Neutral Sentiment: TitanX expanded its Salesforce integration with automated phone intent scoring and contact enrichment, which is incremental ecosystem news but not likely to move CRM shares by itself. TitanX Expands Salesforce and HubSpot Integrations with Automated Phone Intent™ Scoring and Contact Enrichment
• Negative Sentiment: Several recent articles note that Salesforce stock is still sliding, near a 52-week low, and that investors remain skeptical despite AI growth, reflecting ongoing valuation and execution concerns. Our Salesforce Stock Pick Has Flopped. We’re Moving On.
• Negative Sentiment: Broader cloud-stock weakness, highlighted by Oracle’s sharp decline after earnings, is adding sector pressure that can weigh on Salesforce even when company-specific news is positive. Oracle Plunges 10% After Earnings, Salesforce Slips Near 52-Week Lows as Cloud Stocks Slide

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.