International Business Machines Corporation $IBM Stock: Viking Fund Management LLC Boosts Stake

Viking Fund Management LLC increased its holdings in International Business Machines Corporation (NYSE:IBM) by 10.0% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 55,000 shares of the technology company’s stock after buying an additional 5,000 shares during the period. Viking Fund Management LLC’s holdings in International Business Machines were worth $12,096,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of IBM. Friday Financial lifted its holdings in International Business Machines by 1.9% in the second quarter. Friday Financial now owns 1,903 shares of the technology company’s stock worth $583,000 after acquiring an additional 35 shares during the last quarter. Trinity Wealth Management LLC boosted its stake in International Business Machines by 2.3% in the second quarter. Trinity Wealth Management LLC now owns 1,695 shares of the technology company’s stock valued at $477,000 after acquiring an additional 38 shares during the period. Pettinga Financial Advisors LLC boosted its stake in International Business Machines by 3.6% in the second quarter. Pettinga Financial Advisors LLC now owns 1,090 shares of the technology company’s stock valued at $307,000 after acquiring an additional 38 shares during the period. HHM Wealth Advisors LLC boosted its stake in International Business Machines by 4.6% in the second quarter. HHM Wealth Advisors LLC now owns 928 shares of the technology company’s stock valued at $261,000 after acquiring an additional 41 shares during the period. Finally, Basecamp Wealth Advisors LLC grew its holdings in shares of International Business Machines by 2.8% during the first quarter. Basecamp Wealth Advisors LLC now owns 1,598 shares of the technology company’s stock valued at $387,000 after purchasing an additional 44 shares during the last quarter. Institutional investors own 58.96% of the company’s stock.

Insider Activity at International Business Machines

In other news, SVP Robert Thomas sold 25,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 26th. The shares were sold at an average price of $230.32, for a total value of $5,758,000.00. Following the completion of the sale, the senior vice president directly owned 47,800 shares of the company’s stock, valued at approximately $11,009,296. This represents a 34.34% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.27% of the company’s stock.

Wall Street Analyst Weigh In

IBM has been the topic of a number of research reports. Barclays dropped their price target on International Business Machines from $288.00 to $262.00 and set an “overweight” rating on the stock in a research report on Thursday, July 23rd. Royal Bank Of Canada reissued an “outperform” rating and issued a $270.00 price target on shares of International Business Machines in a report on Tuesday. Jefferies Financial Group reduced their price objective on International Business Machines from $320.00 to $260.00 and set a “buy” rating for the company in a research report on Tuesday, July 21st. Citic Securities upped their price objective on International Business Machines from $294.00 to $297.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. Finally, Weiss Ratings upgraded International Business Machines from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday. Nineteen research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, International Business Machines has an average rating of “Moderate Buy” and a consensus price target of $252.96.

Key Headlines Impacting International Business Machines

Here are the key news stories impacting International Business Machines this week:

• Positive Sentiment: Siemens nanostack collaboration: Siemens will contribute electronic design automation, process simulation and manufacturing expertise to help IBM develop its angstrom-scale nanostack transistor architecture. The partnership could strengthen IBM’s long-term semiconductor innovation and commercialization prospects. IBM and Siemens Collaborate on Research to Advance Nanostack Architecture
• Positive Sentiment: RBC maintains bullish view: Royal Bank of Canada reaffirmed its “Outperform” rating and assigned a $270 price target, implying meaningful upside from recent levels. This offers a positive counterpoint to IBM’s recent underperformance. IBM Stock Rating Reaffirmed as Outperform by Royal Bank Of Canada
• Neutral Sentiment: AI governance research: IBM reported that 80% of surveyed EMEA executives had escalated an AI-related incident to their board or C-suite, while only 37% said their governance systems were designed to scale with autonomous AI agents. The findings highlight strong potential demand for IBM’s AI governance and security services, but also underscore growing implementation and reputational risks. IBM Study on AI Incidents and Governance
• Negative Sentiment: Earnings test approaching: Analysts expect growth in IBM’s next report, but commentary points to competition, margin pressure and a premium valuation as obstacles to a significant earnings beat. Investors will be watching AI, hybrid-cloud demand and guidance closely. IBM Stock Before Q3 Earnings Release
• Negative Sentiment: Cash-flow quality questioned: IBM’s first-half operating cash flow rose to $7.77 billion, but nearly all of the improvement came from changes in financing receivables. Investors may remain cautious until software and consulting generate more sustainable operating-cash growth. IBM Customer Financing and Cash Recovery

International Business Machines Price Performance

Shares of NYSE IBM opened at $228.40 on Thursday. International Business Machines Corporation has a fifty-two week low of $199.19 and a fifty-two week high of $332.46. The firm’s 50-day simple moving average is $232.07 and its 200 day simple moving average is $243.68. The company has a quick ratio of 0.74, a current ratio of 0.79 and a debt-to-equity ratio of 1.63. The stock has a market cap of $215.18 billion, a P/E ratio of 20.27, a P/E/G ratio of 2.20 and a beta of 0.73.

International Business Machines (NYSE:IBM) last posted its quarterly earnings data on Wednesday, July 22nd. The technology company reported $2.93 earnings per share for the quarter, hitting the consensus estimate of $2.93. The business had revenue of $17.16 billion during the quarter, compared to the consensus estimate of $17.46 billion. International Business Machines had a net margin of 15.52% and a return on equity of 35.65%. The company’s quarterly revenue was up 1.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.80 earnings per share. Equities analysts expect that International Business Machines Corporation will post 12.33 EPS for the current year.

International Business Machines Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Shareholders of record on Monday, August 10th were given a dividend of $1.69 per share. This represents a $6.76 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date was Monday, August 10th. International Business Machines’s payout ratio is 59.98%.

International Business Machines Company Profile

International Business Machines Corporation (NYSE:IBM), commonly known as IBM, is a global technology company that provides hybrid cloud, artificial intelligence, software, consulting and infrastructure solutions. Its offerings help businesses and government organizations manage data, modernize applications, automate processes and improve cybersecurity.

IBM’s portfolio includes the Red Hat hybrid cloud platform, the watsonx suite of artificial intelligence and data tools, consulting services, and enterprise software for areas such as automation, application management, security and asset management.