PensionDanmark Pensionsforsikringsaktieselskab Has $29.61 Million Holdings in Salesforce Inc. $CRM

PensionDanmark Pensionsforsikringsaktieselskab boosted its stake in Salesforce Inc. (NYSE:CRM) by 3.3% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 189,033 shares of the CRM provider’s stock after purchasing an additional 6,036 shares during the quarter. PensionDanmark Pensionsforsikringsaktieselskab’s holdings in Salesforce were worth $29,614,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Temasek Holdings Private Ltd raised its stake in Salesforce by 3.7% during the 4th quarter. Temasek Holdings Private Ltd now owns 683,790 shares of the CRM provider’s stock worth $181,143,000 after buying an additional 24,332 shares during the period. SFE Investment Counsel grew its stake in Salesforce by 82.7% in the fourth quarter. SFE Investment Counsel now owns 17,394 shares of the CRM provider’s stock valued at $4,608,000 after acquiring an additional 7,871 shares during the period. Secured Retirement Advisors LLC bought a new stake in shares of Salesforce in the first quarter worth about $1,004,000. Janus Henderson Group PLC increased its holdings in shares of Salesforce by 2.5% in the first quarter. Janus Henderson Group PLC now owns 127,739 shares of the CRM provider’s stock worth $23,846,000 after acquiring an additional 3,125 shares in the last quarter. Finally, TAM Capital Management Inc. acquired a new stake in shares of Salesforce during the first quarter worth about $40,945,000. Institutional investors and hedge funds own 80.43% of the company’s stock.

Salesforce Stock Performance

CRM opened at $186.96 on Friday. The business’s 50-day simple moving average is $171.20 and its 200 day simple moving average is $183.19. Salesforce Inc. has a 52-week low of $146.32 and a 52-week high of $269.11. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.79 and a current ratio of 0.79. The firm has a market capitalization of $153.12 billion, a PE ratio of 21.64, a PEG ratio of 1.04 and a beta of 1.16.

Salesforce (NYSE:CRM) last announced its quarterly earnings data on Wednesday, May 27th. The CRM provider reported $3.88 EPS for the quarter, beating analysts’ consensus estimates of $3.13 by $0.75. The company had revenue of $11.13 billion during the quarter, compared to the consensus estimate of $11.05 billion. Salesforce had a net margin of 18.73% and a return on equity of 18.72%. The company’s quarterly revenue was up 13.3% on a year-over-year basis. During the same quarter last year, the firm posted $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. As a group, sell-side analysts expect that Salesforce Inc. will post 10.27 earnings per share for the current fiscal year.

Salesforce Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 2nd. Shareholders of record on Thursday, June 11th were paid a $0.44 dividend. The ex-dividend date was Thursday, June 11th. This represents a $1.76 annualized dividend and a yield of 0.9%. Salesforce’s dividend payout ratio is currently 20.37%.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. HC Wainwright cut Salesforce to a “negative” rating in a report on Thursday, June 18th. Bank of America began coverage on shares of Salesforce in a report on Monday, May 18th. They set an “underperform” rating and a $160.00 target price on the stock. Roth Capital reaffirmed a “buy” rating and issued a $325.00 price target on shares of Salesforce in a research note on Thursday, May 28th. Guggenheim upgraded shares of Salesforce from a “neutral” rating to a “buy” rating and set a $228.00 price target for the company in a report on Wednesday, July 1st. 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. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, sixteen have given a Hold rating and four have given a Sell rating to the stock. According to MarketBeat, Salesforce currently has an average rating of “Moderate Buy” and an average target price of $249.51.

Salesforce News Summary

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Salesforce deployed IL5-authorized Agentforce 360 AI agents to the U.S. Army Human Resources Command through Missionforce National Security. The mission-critical deployment could strengthen Salesforce’s government credentials, demonstrate the reliability of its autonomous AI technology, and support future defense contracts. Why Is Salesforce Deploying IL5 AI Agents in a Major Government Role?
• Positive Sentiment: CEO Marc Benioff argued that Wall Street’s concern that AI will undermine Salesforce is “dead wrong.” Management’s conviction suggests the company expects Agentforce and AI-powered digital labor to expand its addressable market rather than erode its software business. Marc Benioff Says Wall Street’s Fears That AI Will Kill Salesforce Are Dead Wrong
• Positive Sentiment: Erste Group Bank upgraded Salesforce from “hold” to “buy,” indicating that at the recent valuation the risk-reward profile may have improved.
• Neutral Sentiment: Salesforce promoted revenue chief Miguel Milano, a former Oracle executive, to operating chief. The change could improve execution, although it does not immediately alter the company’s financial outlook. Marc Benioff Gets a New Operating Chief
• Neutral Sentiment: Salesforce scheduled its fiscal second-quarter 2027 earnings release and webcast. The event will give investors an opportunity to assess Agentforce adoption, growth, margins, and guidance.
• Negative Sentiment: The key overhang remains investor skepticism that AI agents could disrupt Salesforce’s conventional subscription model or reduce demand for seats. The stock’s decline of more than 30% during 2026 highlights how seriously the market is discounting that risk, even after Salesforce recently exceeded earnings and revenue expectations.

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.