Bridgewater Advisors Inc. Acquires Shares of 4,223 Salesforce Inc. (NYSE:CRM)

15 Jul 2025, 19:15 by Tristan Rich · The Markets Daily

Bridgewater Advisors Inc. acquired a new stake in shares of Salesforce Inc. (NYSE:CRM – Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,223 shares of the CRM provider’s stock, valued at approximately $1,131,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Geode Capital Management LLC lifted its holdings in shares of Salesforce by 0.9% during the 4th quarter. Geode Capital Management LLC now owns 19,955,353 shares of the CRM provider’s stock valued at $6,656,078,000 after buying an additional 175,035 shares during the period. Northern Trust Corp increased its position in shares of Salesforce by 18.3% during the 4th quarter. Northern Trust Corp now owns 11,224,927 shares of the CRM provider’s stock valued at $3,752,830,000 after purchasing an additional 1,736,667 shares during the last quarter. Norges Bank purchased a new position in shares of Salesforce in the fourth quarter worth approximately $3,599,867,000. Price T Rowe Associates Inc. MD increased its holdings in Salesforce by 23.2% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 8,938,536 shares of the CRM provider’s stock valued at $2,988,422,000 after buying an additional 1,683,233 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Salesforce by 7.5% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 8,658,132 shares of the CRM provider’s stock worth $2,894,673,000 after acquiring an additional 602,445 shares during the last quarter. 80.43% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

CRM has been the subject of several recent analyst reports. BMO Capital Markets dropped their target price on Salesforce from $350.00 to $335.00 and set an “outperform” rating for the company in a research report on Thursday, July 10th. Piper Sandler increased their price objective on shares of Salesforce from $315.00 to $335.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 28th. The Goldman Sachs Group boosted their target price on shares of Salesforce from $340.00 to $385.00 and gave the company a “buy” rating in a research report on Thursday, May 29th. Jefferies Financial Group decreased their target price on shares of Salesforce from $425.00 to $375.00 and set a “buy” rating for the company in a research report on Monday, March 31st. Finally, Scotiabank cut their price objective on shares of Salesforce from $400.00 to $345.00 and set a “sector outperform” rating for the company in a report on Monday, March 17th. Three research analysts have rated the stock with a sell rating, eight have given a hold rating, twenty-seven have issued a buy rating and four have given a strong buy rating to the company’s stock. According to data from MarketBeat, Salesforce presently has a consensus rating of “Moderate Buy” and a consensus target price of $348.16.

Check Out Our Latest Report on CRM

Insider Activity at Salesforce

In other Salesforce news, CEO Marc Benioff sold 2,250 shares of the stock in a transaction dated Friday, July 11th. The shares were sold at an average price of $259.67, for a total value of $584,257.50. Following the completion of the sale, the chief executive officer owned 11,955,566 shares in the company, valued at approximately $3,104,501,823.22. This trade represents a 0.02% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CAO Sundeep G. Reddy sold 261 shares of the firm’s stock in a transaction on Monday, June 23rd. The shares were sold at an average price of $262.35, for a total transaction of $68,473.35. Following the sale, the chief accounting officer owned 12,024 shares in the company, valued at approximately $3,154,496.40. This trade represents a 2.12% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 37,534 shares of company stock valued at $10,028,795. Insiders own 3.20% of the company’s stock.

Salesforce Stock Performance

Shares of Salesforce stock opened at $259.45 on Tuesday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.07 and a current ratio of 1.07. Salesforce Inc. has a one year low of $230.00 and a one year high of $369.00. The business has a 50-day simple moving average of $271.83 and a 200-day simple moving average of $287.94. The company has a market cap of $248.03 billion, a PE ratio of 40.60, a P/E/G ratio of 2.34 and a beta of 1.36.

Salesforce (NYSE:CRM – Get Free Report) last issued its quarterly earnings results on Wednesday, May 28th. The CRM provider reported $2.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.55 by $0.03. Salesforce had a return on equity of 12.94% and a net margin of 16.08%. The firm had revenue of $9.83 billion for the quarter, compared to analyst estimates of $9.74 billion. During the same period last year, the company earned $2.44 EPS. The firm’s quarterly revenue was up 7.6% on a year-over-year basis. On average, equities research analysts forecast that Salesforce Inc. will post 7.46 EPS for the current fiscal year.

Salesforce Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 10th. Investors of record on Wednesday, June 18th were issued a dividend of $0.416 per share. This represents a $1.66 dividend on an annualized basis and a yield of 0.64%. The ex-dividend date of this dividend was Wednesday, June 18th. Salesforce’s payout ratio is currently 25.98%.

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