CAP Partners LLC Grows Stock Holdings in International Business Machines Corporation $IBM

CAP Partners LLC lifted its position in shares of International Business Machines Corporation (NYSE:IBM) by 2.8% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,617 shares of the technology company’s stock after buying an additional 44 shares during the quarter. CAP Partners LLC’s holdings in International Business Machines were worth $477,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Family CFO Inc purchased a new position in shares of International Business Machines during the 2nd quarter valued at $25,000. Christopher J. Hasenberg Inc purchased a new position in shares of International Business Machines during the 1st quarter valued at $27,000. SSA Swiss Advisors AG purchased a new position in shares of International Business Machines during the 1st quarter valued at $28,000. Dagco Inc. purchased a new position in shares of International Business Machines during the 1st quarter valued at $31,000. Finally, Silicon Valley Capital Partners lifted its stake in shares of International Business Machines by 322.6% during the 1st quarter. Silicon Valley Capital Partners now owns 131 shares of the technology company’s stock valued at $32,000 after buying an additional 100 shares in the last quarter. Hedge funds and other institutional investors own 58.96% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. The Goldman Sachs Group lifted their target price on shares of International Business Machines from $270.00 to $310.00 and gave the company a “buy” rating in a research note on Wednesday, July 2nd. Royal Bank Of Canada decreased their price target on shares of International Business Machines from $315.00 to $300.00 and set an “outperform” rating on the stock in a research note on Thursday. JPMorgan Chase & Co. increased their price objective on shares of International Business Machines from $244.00 to $290.00 and gave the company a “neutral” rating in a report on Thursday, July 24th. Erste Group Bank downgraded shares of International Business Machines from a “buy” rating to a “hold” rating in a report on Thursday, August 14th. Finally, UBS Group increased their price objective on shares of International Business Machines from $200.00 to $210.00 and gave the company a “sell” rating in a report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $288.00.

International Business Machines Stock Down 1.3%

Shares of NYSE IBM opened at $283.91 on Friday. The firm’s 50-day moving average price is $264.85 and its 200-day moving average price is $262.96. 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 stock has a market capitalization of $263.86 billion, a price-to-earnings ratio of 33.96, a P/E/G ratio of 4.42 and a beta of 0.73. International Business Machines Corporation has a 12-month low of $203.51 and a 12-month high of $301.04.

International Business Machines (NYSE:IBM) last announced its earnings results on Wednesday, October 22nd. The technology company reported $2.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.45 by $0.20. The firm had revenue of $16.33 billion for the quarter, compared to analysts’ expectations of $16.10 billion. International Business Machines had a net margin of 12.09% and a return on equity of 37.99%. The business’s revenue was up 9.1% compared to the same quarter last year. During the same period in the prior year, the company earned $2.30 EPS. International Business Machines has set its FY 2025 guidance at EPS. On average, equities research analysts anticipate that International Business Machines Corporation will post 10.78 EPS for the current fiscal year.

International Business Machines Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 10th. Stockholders of record on Monday, November 10th will be given a dividend of $1.68 per share. This represents a $6.72 annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Monday, November 10th. International Business Machines’s dividend 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.