Tilia Fiduciary Partners Inc. Has $2.10 Million Stock Position in International Business Machines Corporation $IBM

Tilia Fiduciary Partners Inc. increased its holdings in shares of International Business Machines Corporation (NYSE:IBM) by 4.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,125 shares of the technology company’s stock after purchasing an additional 300 shares during the period. Tilia Fiduciary Partners Inc.’s holdings in International Business Machines were worth $2,100,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Family CFO Inc bought a new position in International Business Machines in the second quarter worth approximately $25,000. Christopher J. Hasenberg Inc bought a new position in International Business Machines in the first quarter worth approximately $27,000. SSA Swiss Advisors AG bought a new position in International Business Machines in the first quarter worth approximately $28,000. Highline Wealth Partners LLC boosted its holdings in International Business Machines by 85.0% in the second quarter. Highline Wealth Partners LLC now owns 111 shares of the technology company’s stock worth $33,000 after acquiring an additional 51 shares in the last quarter. Finally, Dagco Inc. bought a new position in International Business Machines in the first quarter worth approximately $31,000. Institutional investors own 58.96% of the company’s stock.

International Business Machines Stock Performance

Shares of IBM opened at $288.62 on Friday. The company has a current ratio of 0.91, a quick ratio of 0.87 and a debt-to-equity ratio of 2.00. The company has a market capitalization of $268.25 billion, a price-to-earnings ratio of 46.85, a PEG ratio of 4.41 and a beta of 0.73. The stock has a 50 day moving average of $255.18 and a 200 day moving average of $259.22. International Business Machines Corporation has a 12 month low of $203.51 and a 12 month high of $296.16.

International Business Machines (NYSE:IBM) last issued its quarterly earnings results on Wednesday, July 23rd. The technology company reported $2.80 EPS for the quarter, beating analysts’ consensus estimates of $2.65 by $0.15. The company had revenue of $16.98 billion during the quarter, compared to the consensus estimate of $16.58 billion. International Business Machines had a return on equity of 37.62% and a net margin of 9.11%.International Business Machines’s revenue was up 7.7% on a year-over-year basis. During the same period last year, the business posted $2.43 earnings per share. International Business Machines has set its FY 2025 guidance at EPS. As a group, sell-side analysts forecast that International Business Machines Corporation will post 10.78 earnings per share for the current year.

International Business Machines Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 10th. Investors of record on Friday, August 8th were given a dividend of $1.68 per share. This represents a $6.72 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend was Friday, August 8th. International Business Machines’s dividend payout ratio (DPR) is presently 109.09%.

Analysts Set New Price Targets

IBM has been the topic of a number of recent research reports. UBS Group raised their target price on International Business Machines from $195.00 to $200.00 and gave the company a “sell” rating in a report on Thursday, July 24th. Weiss Ratings restated a “hold (c+)” rating on shares of International Business Machines in a report on Saturday, September 27th. Bank of America dropped their target price on International Business Machines from $320.00 to $310.00 and set a “buy” rating on the stock in a report on Thursday, July 24th. Melius Research upgraded International Business Machines to a “strong-buy” rating in a report on Monday, July 7th. Finally, JPMorgan Chase & Co. raised their target price on International Business Machines from $244.00 to $290.00 and gave the company a “neutral” rating in a report on Thursday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $284.62.

About International Business Machines

International Business Machines Corporation, together with its subsidiaries, provides integrated solutions and services worldwide. The company operates through Software, Consulting, Infrastructure, and Financing segments. The Software segment offers a hybrid cloud and AI platforms that allows clients to realize their digital and AI transformations across the applications, data, and environments in which they operate.