International Business Machines Corporation $IBM Stake Lessened by XML Financial LLC

XML Financial LLC lowered its holdings in International Business Machines Corporation (NYSE:IBM) by 12.3% in the fourth quarter, Holdings Channel.com reports. The firm owned 29,506 shares of the technology company’s stock after selling 4,131 shares during the period. XML Financial LLC’s holdings in International Business Machines were worth $8,740,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of IBM. Family CFO Inc purchased a new stake in shares of International Business Machines in the fourth quarter valued at $25,000. Basepoint Wealth LLC purchased a new stake in shares of International Business Machines in the fourth quarter valued at $25,000. Joseph Group Capital Management purchased a new stake in shares of International Business Machines in the fourth quarter valued at $28,000. SWAN Capital LLC purchased a new stake in shares of International Business Machines in the third quarter valued at $28,000. Finally, DecisionPoint Financial LLC lifted its holdings in shares of International Business Machines by 1,666.7% in the fourth quarter. DecisionPoint Financial LLC now owns 106 shares of the technology company’s stock valued at $31,000 after purchasing an additional 100 shares in the last quarter. Hedge funds and other institutional investors own 58.96% of the company’s stock.

International Business Machines Trading Down 5.5%

NYSE IBM opened at $285.06 on Friday. International Business Machines Corporation has a 1-year low of $212.34 and a 1-year high of $332.46. The company has a current ratio of 0.80, a quick ratio of 0.76 and a debt-to-equity ratio of 1.75. The company has a market capitalization of $267.93 billion, a PE ratio of 25.20, a price-to-earnings-growth ratio of 2.95 and a beta of 0.67. The firm’s fifty day simple moving average is $246.48 and its 200-day simple moving average is $270.94.

International Business Machines (NYSE:IBM) last posted its quarterly earnings results on Wednesday, April 22nd. The technology company reported $1.91 earnings per share for the quarter, topping analysts’ consensus estimates of $1.81 by $0.10. International Business Machines had a net margin of 15.61% and a return on equity of 37.23%. The business had revenue of $15.92 billion for the quarter, compared to the consensus estimate of $15.60 billion. During the same period in the prior year, the business posted $1.60 earnings per share. International Business Machines’s revenue for the quarter was up 9.5% compared to the same quarter last year. As a group, sell-side analysts anticipate that International Business Machines Corporation will post 12.4 earnings per share for the current fiscal year.

International Business Machines Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Friday, May 8th will be paid a $1.69 dividend. This represents a $6.76 dividend on an annualized basis and a dividend yield of 2.4%. This is a boost from International Business Machines’s previous quarterly dividend of $1.68. The ex-dividend date of this dividend is Friday, May 8th. International Business Machines’s dividend payout ratio (DPR) is currently 59.77%.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. Needham & Company LLC assumed coverage on International Business Machines in a report on Wednesday. They issued a “buy” rating for the company. UBS Group upgraded International Business Machines from a “sell” rating to a “neutral” rating and set a $236.00 target price for the company in a report on Wednesday, February 25th. DZ Bank upgraded International Business Machines from a “hold” rating to a “buy” rating and set a $295.00 target price for the company in a report on Friday, April 24th. HSBC raised shares of International Business Machines from a “reduce” rating to a “hold” rating and upped their price target for the stock from $218.00 to $231.00 in a research note on Tuesday, April 28th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of International Business Machines in a research note on Thursday, May 28th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and eight have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $304.17.

Key Headlines Impacting International Business Machines

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

• Positive Sentiment: Wedbush reportedly reset its IBM price target, citing stronger AI momentum and continued demand for IBM’s enterprise software and consulting offerings.
• Positive Sentiment: IBM’s new strategic partnership with Google Cloud to scale enterprise AI adoption is being seen as a meaningful growth driver, with the deal aimed at helping customers modernize systems and bring AI into production faster. IBM and Google Cloud Announce Strategic Partnership to Scale AI with Human Expertise and AI‑Powered Delivery
• Positive Sentiment: Several market commentary pieces highlighted IBM’s large quantum-computing investment as a long-term catalyst, with some analysts saying the company is strengthening its position in an emerging high-growth market. IBM Stock’s $10 Billion Quantum Catalyst Is Here
• Positive Sentiment: Citi also pointed to IBM’s growing role in quantum computing, reinforcing the view that the company’s heavy spending could secure a leadership position in a market with major future upside.
• Neutral Sentiment: IBM shares were included in broader market coverage of stocks making big moves, reflecting elevated trading interest but not adding a clearly new company-specific catalyst.
• Negative Sentiment: A former IBM cybersecurity executive accused the company of covering up multiple foreign-government data breaches over the past decade, raising potential reputational and legal risks. Former cyber executive turned whistleblower accuses IBM of covering up several data breaches
• Negative Sentiment: Another report repeated allegations that IBM and AT&T concealed foreign hacks, which could weigh on investor sentiment if the claims gain traction.

International Business Machines Profile

International Business Machines Corporation (IBM) is a global technology and consulting company headquartered in Armonk, New York. Founded in 1911 as the Computing-Tabulating-Recording Company (CTR) and renamed IBM in 1924, the company has evolved from early electromechanical machines to a diversified technology provider serving enterprises and governments worldwide. IBM is publicly traded on the New York Stock Exchange under the ticker symbol IBM.

IBM’s principal businesses encompass cloud computing and software, infrastructure and systems, consulting and technology services, and research and development.