Northwestern Mutual Wealth Management Co. Has $66 Million Stake in Salesforce Inc. $CRM

Northwestern Mutual Wealth Management Co. reduced its stake in shares of Salesforce Inc. (NYSE:CRM) by 0.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 421,279 shares of the CRM provider’s stock after selling 3,601 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Salesforce were worth $65,998,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brighton Jones LLC increased its holdings in shares of Salesforce by 13.7% during the 4th quarter. Brighton Jones LLC now owns 25,668 shares of the CRM provider’s stock valued at $8,582,000 after acquiring an additional 3,102 shares during the last quarter. Revolve Wealth Partners LLC boosted its position in Salesforce by 12.6% during the fourth quarter. Revolve Wealth Partners LLC now owns 1,827 shares of the CRM provider’s stock worth $611,000 after purchasing an additional 205 shares during the period. Bison Wealth LLC grew its holdings in Salesforce by 9.0% during the fourth quarter. Bison Wealth LLC now owns 2,234 shares of the CRM provider’s stock valued at $747,000 after purchasing an additional 184 shares during the last quarter. Sivia Capital Partners LLC raised its position in shares of Salesforce by 3.7% in the second quarter. Sivia Capital Partners LLC now owns 2,958 shares of the CRM provider’s stock valued at $807,000 after purchasing an additional 106 shares during the period. Finally, United Bank lifted its stake in shares of Salesforce by 5.2% in the second quarter. United Bank now owns 10,198 shares of the CRM provider’s stock worth $2,781,000 after buying an additional 500 shares during the last quarter. Institutional investors and hedge funds own 80.43% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on CRM. Citizens Jmp reiterated a “market outperform” rating and issued a $315.00 target price on shares of Salesforce in a research note on Tuesday, August 25th. HSBC boosted their target price on shares of Salesforce from $350.00 to $356.00 and gave the stock a “buy” rating in a research report on Friday, May 29th. Oppenheimer reaffirmed an “outperform” rating and issued a $275.00 price target (up from $250.00) on shares of Salesforce in a research report on Thursday, August 27th. Phillip Securities lowered Salesforce from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $253.00 to $166.00 in a research note on Monday, June 29th. Finally, Needham & Company LLC restated a “buy” rating and set a $400.00 target price on shares of Salesforce in a research note on Thursday, August 27th. Three research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, fifteen have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Salesforce has a consensus rating of “Moderate Buy” and an average price target of $262.12.

Salesforce Stock Up 0.2%

NYSE CRM opened at $258.00 on Wednesday. Salesforce Inc. has a twelve month low of $146.32 and a twelve month high of $269.11. The stock has a market cap of $212.33 billion, a PE ratio of 23.52, a PEG ratio of 1.19 and a beta of 1.20. The firm has a 50-day simple moving average of $185.49 and a 200 day simple moving average of $183.44. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.84 and a current ratio of 0.84.

Salesforce (NYSE:CRM) last issued its quarterly earnings results on Wednesday, August 26th. The CRM provider reported $5.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.27 by $2.63. The firm had revenue of $11.35 billion for the quarter, compared to analyst estimates of $11.33 billion. Salesforce had a return on equity of 24.90% and a net margin of 21.99%.The company’s quarterly revenue was up 10.8% compared to the same quarter last year. During the same period in the previous year, the company posted $2.91 earnings per share. Salesforce has set its FY 2027 guidance at 16.670-16.710 EPS and its Q3 2027 guidance at 3.420-3.440 EPS. On average, research analysts forecast that Salesforce Inc. will post 12.64 EPS for the current year.

Key Stories Impacting Salesforce

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: AI adoption is becoming a revenue driver. Agentforce annual recurring revenue surpassed $1.5 billion, rising 240% year over year, while Salesforce introduced “Claudeforce,” an integration of Anthropic’s Claude with Salesforce customer data. The partnership supports the company’s argument that AI will expand, rather than replace, its platform. Salesforce Bets Its Next Chapter on an Unlikely AI Marriage
• Positive Sentiment: Analysts remain bullish. TD Cowen reiterated a Buy rating and raised its price target to $300 from $280. Argus also lifted its target to $300 and maintained a Buy rating, reinforcing expectations for additional upside after CRM’s recent rally. What’s Going On With Salesforce Stock?
• Positive Sentiment: Enterprise demand remains resilient. Quarterly revenue increased approximately 11% year over year, future contracted revenue accelerated and customer churn approached record lows. Salesforce also raised its fiscal-year guidance, helping validate the post-earnings rally. Salesforce Looks Overbought, But the Rally May Be Far From Over
• Positive Sentiment: The AI ecosystem is broadening. Salesforce led an investment in workforce-data platform HiBob, while Sinch added a Mailgun Inspect email tool to AgentExchange. These moves expand potential AI applications in human resources, marketing and customer workflows. Salesforce Backs Workforce AI and Adds New AgentExchange Email Tool
• Neutral Sentiment: Northland Securities raised its fiscal 2027 EPS estimate to $12.75 from $11.35, close to the $12.77 consensus, but reduced estimates for the third and fourth quarters. This suggests stronger full-year expectations may already reflect much of the near-term improvement.
• Negative Sentiment: Technical risk has increased. CRM’s RSI is above 80 after a sharp recovery from its August lows, indicating overbought conditions and the possibility of profit-taking or a near-term pullback even if the long-term AI thesis remains intact. Salesforce Looks Overbought, But the Rally May Be Far From Over

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.