Mesirow Financial Investment Management Inc. Purchases 1,102 Shares of International Business Machines Corporation $IBM

Mesirow Financial Investment Management Inc. lifted its position in shares of International Business Machines Corporation (NYSE:IBM) by 4.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 23,421 shares of the technology company’s stock after purchasing an additional 1,102 shares during the period. Mesirow Financial Investment Management Inc.’s holdings in International Business Machines were worth $6,905,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in IBM. Family CFO Inc bought a new stake in International Business Machines in the second quarter worth about $25,000. Christopher J. Hasenberg Inc bought a new stake in shares of International Business Machines in the 1st quarter worth approximately $27,000. SSA Swiss Advisors AG bought a new stake in shares of International Business Machines in the 1st quarter worth approximately $28,000. Dagco Inc. bought a new stake in shares of International Business Machines in the 1st quarter worth approximately $31,000. Finally, Silicon Valley Capital Partners raised its holdings in shares of International Business Machines by 322.6% in the 1st quarter. Silicon Valley Capital Partners now owns 131 shares of the technology company’s stock worth $32,000 after purchasing an additional 100 shares during the period. Institutional investors own 58.96% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently commented on IBM shares. Melius Research raised shares of International Business Machines to a “strong-buy” rating in a report on Monday, July 7th. BMO Capital Markets lifted their price target on shares of International Business Machines from $300.00 to $305.00 and gave the stock a “market perform” rating in a report on Thursday, October 23rd. Wall Street Zen raised shares of International Business Machines from a “hold” rating to a “buy” rating in a research report on Sunday, October 26th. Weiss Ratings raised shares of International Business Machines from a “hold (c+)” rating to a “buy (b)” rating in a research report on Saturday, October 25th. Finally, Royal Bank Of Canada lowered 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 report on Thursday, October 23rd. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, International Business Machines presently has a consensus rating of “Moderate Buy” and a consensus target price of $288.00.

International Business Machines Stock Performance

NYSE IBM opened at $310.03 on Friday. The company’s 50 day moving average is $271.85 and its 200-day moving average is $266.01. International Business Machines Corporation has a 12-month low of $203.51 and a 12-month high of $319.35. The company has a quick ratio of 0.89, a current ratio of 0.93 and a debt-to-equity ratio of 1.97. The firm has a market cap of $289.79 billion, a P/E ratio of 37.08, a price-to-earnings-growth ratio of 4.33 and a beta of 0.73.

International Business Machines (NYSE:IBM) last issued its quarterly earnings data on Wednesday, October 22nd. The technology company reported $2.65 EPS for the quarter, beating the consensus estimate of $2.45 by $0.20. The company had revenue of $16.33 billion during 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 37.76%. International Business Machines’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.30 earnings per share. International Business Machines has set its FY 2025 guidance at EPS. Sell-side analysts predict that International Business Machines Corporation will post 10.78 earnings per share for the current year.

International Business Machines Announces Dividend

The company also recently declared 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 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date is Monday, November 10th. International Business Machines’s payout ratio is 80.38%.

International Business Machines Company 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.