Lombard Odier Asset Management Switzerland SA Decreases Stake in Salesforce Inc. $CRM

Lombard Odier Asset Management Switzerland SA cut its stake in Salesforce Inc. (NYSE:CRM) by 19.0% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 42,744 shares of the CRM provider’s stock after selling 10,006 shares during the period. Lombard Odier Asset Management Switzerland SA’s holdings in Salesforce were worth $7,979,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of the stock. Commonwealth Retirement Investments LLC purchased a new position in Salesforce in the 4th quarter worth $25,000. Key Capital Management INC purchased a new stake in Salesforce during the 4th quarter valued at about $26,000. Gilpin Wealth Management LLC acquired a new position in shares of Salesforce in the fourth quarter valued at about $26,000. Legacy Bridge LLC acquired a new position in shares of Salesforce in the fourth quarter valued at about $27,000. Finally, Birchwood Financial Partners Inc. purchased a new position in shares of Salesforce in the fourth quarter worth about $28,000. Institutional investors and hedge funds own 80.43% of the company’s stock.

Salesforce Stock Up 4.3%

Shares of CRM stock opened at $163.65 on Friday. The stock has a 50 day moving average of $170.08 and a 200 day moving average of $187.79. 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 stock has a market cap of $134.03 billion, a P/E ratio of 18.94, a P/E/G ratio of 0.88 and a beta of 1.18. Salesforce Inc. has a twelve month low of $146.32 and a twelve month high of $274.00.

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. 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 period in the previous year, the company posted $2.58 earnings per share. Salesforce’s revenue for the quarter was up 13.3% on a year-over-year basis. 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, sell-side analysts expect that Salesforce Inc. will post 10.29 EPS for the current year.

Salesforce Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, July 2nd. Investors of record on Thursday, June 11th were paid a $0.44 dividend. This represents a $1.76 annualized dividend and a dividend yield of 1.1%. The ex-dividend date was Thursday, June 11th. Salesforce’s payout ratio is currently 20.37%.

Salesforce News Roundup

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

Wall Street Analyst Weigh In

CRM has been the subject of a number of research reports. Citigroup raised Salesforce from a “hold” rating to a “buy” rating in a report on Wednesday, July 1st. Morgan Stanley reissued an “equal weight” rating and set a $185.00 price target (down from $287.00) on shares of Salesforce in a research report on Tuesday, July 21st. Roth Capital restated a “buy” rating and set a $325.00 price objective on shares of Salesforce in a research note on Thursday, May 28th. KeyCorp downgraded shares of Salesforce from an “overweight” rating to a “sector weight” rating in a report on Wednesday, July 8th. Finally, Wall Street Zen upgraded shares of Salesforce from a “hold” rating to a “buy” rating in a research note on Saturday, June 6th. Two research analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating, sixteen have assigned a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat, Salesforce presently has an average rating of “Moderate Buy” and a consensus target price of $249.51.

Salesforce Company 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.