Railway Pension Investments Ltd Has $34.94 Million Stake in Salesforce Inc. $CRM

Railway Pension Investments Ltd increased its position in shares of Salesforce Inc. (NYSE:CRM) by 16.8% during the second quarter, Holdings Channel.com reports. The institutional investor owned 223,000 shares of the CRM provider’s stock after purchasing an additional 32,000 shares during the period. Railway Pension Investments Ltd’s holdings in Salesforce were worth $34,935,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Brighton Jones LLC grew its position in shares of Salesforce by 13.7% in the fourth quarter. Brighton Jones LLC now owns 25,668 shares of the CRM provider’s stock valued at $8,582,000 after purchasing an additional 3,102 shares during the last quarter. Revolve Wealth Partners LLC raised its stake in Salesforce by 12.6% in the 4th 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 in the last quarter. Bison Wealth LLC grew its position in shares of Salesforce by 9.0% during the 4th quarter. Bison Wealth LLC now owns 2,234 shares of the CRM provider’s stock worth $747,000 after purchasing an additional 184 shares in 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 buying an additional 106 shares in the last quarter. Finally, United Bank boosted 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 valued at $2,781,000 after buying an additional 500 shares during the period. 80.43% of the stock is currently owned by institutional investors.

Salesforce Stock Performance

NYSE CRM opened at $258.06 on Tuesday. The company has a market capitalization of $212.38 billion, a price-to-earnings ratio of 23.52, a PEG ratio of 1.12 and a beta of 1.16. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 1.02. Salesforce Inc. has a twelve month low of $146.32 and a twelve month high of $269.11. The stock has a fifty day simple moving average of $183.40 and a 200 day simple moving average of $182.93.

Salesforce (NYSE:CRM) last posted its quarterly earnings data on Wednesday, August 26th. The CRM provider reported $5.90 earnings per share for the quarter, topping the consensus estimate of $3.27 by $2.63. Salesforce had a net margin of 21.99% and a return on equity of 24.90%. The company had revenue of $11.35 billion during the quarter, compared to analysts’ expectations of $11.33 billion. During the same period in the prior year, the company posted $2.91 earnings per share. Salesforce’s revenue for the quarter was up 10.8% compared to the same quarter last year. Salesforce has set its FY 2027 guidance at 16.670-16.710 EPS and its Q3 2027 guidance at 3.420-3.440 EPS. Sell-side analysts expect that Salesforce Inc. will post 12.77 EPS for the current year.

Analysts Set New Price Targets

Several research firms have recently issued reports on CRM. UBS Group increased their target price on Salesforce from $210.00 to $240.00 and gave the stock a “neutral” rating in a report on Thursday, August 27th. Jefferies Financial Group boosted their target price on shares of Salesforce from $250.00 to $300.00 and gave the company a “buy” rating in a research report on Thursday. Susquehanna started coverage on shares of Salesforce in a research report on Wednesday, July 1st. They set a “neutral” rating for the company. Erste Group Bank upgraded Salesforce from a “hold” rating to a “buy” rating in a research report on Wednesday, August 5th. Finally, Daiwa Securities Group decreased their price target on shares of Salesforce from $295.00 to $280.00 and set a “buy” rating on the stock in a report on Tuesday, June 2nd. 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 MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $262.12.

Trending Headlines about Salesforce

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Strong quarterly results and AI momentum: Salesforce exceeded earnings expectations, with revenue increasing 10.8% year over year. Agentforce annual recurring revenue surpassed $1.5 billion, growing 240%, reinforcing the view that customers are adopting Salesforce’s AI agents at scale. Salesforce Q2 2027 Earnings Call Transcript
• Positive Sentiment: Anthropic partnership supports the AI narrative: Reports highlighting Salesforce’s “Claudeforce” integration with Anthropic are adding to expectations that Salesforce can deliver more capable enterprise automation tools and monetize generative AI. Salesforce and Anthropic partnership
• Positive Sentiment: Analyst support: Argus raised its Salesforce price target from $290 to $300 and maintained a Buy rating. Wolfe Research also upgraded the stock, adding further momentum after the earnings report. Salesforce price-target update
• Positive Sentiment: Sector sentiment has improved: Salesforce’s results are helping ease “SaaSpocalypse” concerns that AI could weaken traditional software demand. Investors are instead seeing evidence that AI may increase demand for enterprise platforms. SaaS software stock rally

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.