Matauro LLC Raises Holdings in International Business Machines Corporation $IBM

Matauro LLC increased its stake in shares of International Business Machines Corporation (NYSE:IBM) by 6.4% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,595 shares of the technology company’s stock after buying an additional 277 shares during the quarter. Matauro LLC’s holdings in International Business Machines were worth $1,355,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Christopher J. Hasenberg Inc purchased a new position in shares of International Business Machines during the first quarter worth about $27,000. SSA Swiss Advisors AG purchased a new position in shares of International Business Machines during the first quarter worth about $28,000. Dagco Inc. purchased a new position in shares of International Business Machines during the first quarter worth about $31,000. Silicon Valley Capital Partners lifted its position in International Business Machines by 322.6% in the first quarter. Silicon Valley Capital Partners now owns 131 shares of the technology company’s stock valued at $32,000 after purchasing an additional 100 shares during the period. Finally, Highline Wealth Partners LLC lifted its position 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 valued at $33,000 after purchasing an additional 51 shares during the period. Hedge funds and other institutional investors own 58.96% of the company’s stock.

Wall Street Analyst Weigh In

IBM has been the subject of a number of recent analyst reports. Melius Research upgraded shares of International Business Machines to a “strong-buy” rating in a research report on Monday, July 7th. The Goldman Sachs Group raised their price objective on shares of International Business Machines from $270.00 to $310.00 and gave the company a “buy” rating in a research report on Wednesday, July 2nd. Stifel Nicolaus raised their price objective on shares of International Business Machines from $290.00 to $310.00 and gave the company a “buy” rating in a research report on Wednesday, July 16th. Erste Group Bank downgraded shares of International Business Machines from a “buy” rating to a “hold” rating in a research report on Thursday, August 14th. Finally, UBS Group raised their price objective on shares of International Business Machines from $195.00 to $200.00 and gave the company a “sell” rating in a research report on Thursday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, International Business Machines currently has a consensus rating of “Moderate Buy” and a consensus target price of $284.62.

International Business Machines Trading Up 0.2%

Shares of International Business Machines stock opened at $287.05 on Friday. The company has a debt-to-equity ratio of 2.00, a current ratio of 0.91 and a quick ratio of 0.87. International Business Machines Corporation has a 1 year low of $203.51 and a 1 year high of $296.16. The company has a market capitalization of $266.78 billion, a P/E ratio of 46.60, a P/E/G ratio of 4.41 and a beta of 0.73. The business has a 50 day moving average price of $254.60 and a 200 day moving average price of $258.93.

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

International Business Machines Dividend Announcement

The business also recently disclosed 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 annualized dividend and a dividend yield of 2.3%. The ex-dividend date was Friday, August 8th. International Business Machines’s payout ratio is currently 109.09%.

International Business Machines Profile

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.