Trilogy Capital Inc. Cuts Stake in Salesforce Inc. $CRM

Trilogy Capital Inc. cut its holdings in shares of Salesforce Inc. (NYSE:CRM) by 77.6% during the second quarter, Holdings Channel.com reports. The institutional investor owned 1,719 shares of the CRM provider’s stock after selling 5,968 shares during the period. Trilogy Capital Inc.’s holdings in Salesforce were worth $269,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in CRM. Commonwealth Retirement Investments LLC purchased a new stake in shares of Salesforce during the fourth quarter worth $25,000. Key Capital Management INC purchased a new position in Salesforce in the fourth quarter valued at $26,000. Gilpin Wealth Management LLC purchased a new position in Salesforce in the fourth quarter valued at $26,000. Legacy Bridge LLC acquired a new position in Salesforce during the 4th quarter worth $27,000. Finally, Costello Asset Management INC grew its stake in Salesforce by 410.3% during the 1st quarter. Costello Asset Management INC now owns 148 shares of the CRM provider’s stock worth $28,000 after purchasing an additional 119 shares in the last quarter. Hedge funds and other institutional investors own 80.43% of the company’s stock.

Salesforce Stock Performance

NYSE CRM opened at $192.83 on Thursday. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.79 and a quick ratio of 0.79. Salesforce Inc. has a 1 year low of $146.32 and a 1 year high of $269.11. The company has a market capitalization of $157.92 billion, a PE ratio of 22.32, a P/E/G ratio of 1.03 and a beta of 1.16. The company has a fifty day moving average of $170.99 and a two-hundred day moving average of $183.48.

Salesforce (NYSE:CRM) last issued its quarterly earnings data on Wednesday, May 27th. The CRM provider reported $3.88 earnings per share (EPS) for the quarter, topping the consensus estimate 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 for the quarter, compared to analyst estimates of $11.05 billion. During the same quarter last year, the company posted $2.58 earnings per share. The business’s quarterly revenue was up 13.3% compared to the same quarter last year. 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, analysts expect that Salesforce Inc. will post 10.27 earnings per share for the current year.

Salesforce Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. Wolfe Research lowered Salesforce from an “outperform” rating to a “hold” rating in a research report on Wednesday, July 1st. Raymond James Financial restated a “strong-buy” rating on shares of Salesforce in a research note on Tuesday, July 21st. Morgan Stanley reaffirmed an “equal weight” rating and issued a $185.00 target price (down from $287.00) on shares of Salesforce in a report on Tuesday, July 21st. Canaccord Genuity Group reiterated a “buy” rating and issued a $225.00 price target on shares of Salesforce in a research note on Tuesday, June 16th. Finally, HSBC boosted their price target on shares of Salesforce from $350.00 to $356.00 and gave the stock a “buy” rating in a report on Friday, May 29th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, sixteen have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $249.51.

Salesforce News Roundup

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Analyst upgrade: Erste Group Bank raised Salesforce from “hold” to “buy,” providing additional support for the view that the shares are undervalued relative to the company’s growth and earnings outlook. Finviz
• Positive Sentiment: AI government opportunity: Salesforce announced that Missionforce National Security now offers IL5-authorized Agentforce 360 AI agents and applications. The offering is designed to help the Department of War leverage real-time data and autonomous AI capabilities, strengthening Salesforce’s position in high-value government and national-security markets. Missionforce National Security announcement
• Positive Sentiment: Veterans Affairs contract: Salesforce secured a three-year Agentic Enterprise License Agreement with the U.S. Department of Veterans Affairs valued at up to $1.6 billion. The deal offers evidence that customers are adopting Salesforce’s AI-driven government cloud services and could improve long-term revenue visibility. Salesforce VA deal analysis
• Positive Sentiment: Strong financial results and AI ecosystem: Recent earnings exceeded analyst expectations for both adjusted EPS and revenue, while Slack’s evolution into an AI-powered collaboration hub could increase enterprise deal sizes, customer engagement and cross-selling. Salesforce earnings analysis Slack AI ecosystem analysis
• Neutral Sentiment: Management change: Salesforce promoted revenue chief and former Oracle executive Miguel Milano to operating chief, while Robin Washington retains her operating and finance leadership responsibilities. The move may improve execution, but its direct financial impact is unclear. Salesforce operating chief announcement
• Neutral Sentiment: A third-party VitalPBX integration announcement highlights Salesforce connectivity, but does not indicate a material new contract or near-term revenue impact. VitalPBX integration announcement

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.