DJE Kapital AG Boosts Stock Holdings in International Business Machines Corporation $IBM

DJE Kapital AG lifted its stake in International Business Machines Corporation (NYSE:IBM) by 156.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 336,921 shares of the technology company’s stock after buying an additional 205,636 shares during the period. International Business Machines makes up approximately 2.4% of DJE Kapital AG’s holdings, making the stock its 15th largest holding. DJE Kapital AG’s holdings in International Business Machines were worth $98,408,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of IBM. Family CFO Inc bought a new stake in International Business Machines in the second quarter valued at approximately $25,000. SSA Swiss Advisors AG purchased a new position in shares of International Business Machines in the first quarter worth $28,000. Dagco Inc. bought a new stake in International Business Machines during the 1st quarter valued at $31,000. Silicon Valley Capital Partners boosted its position in 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 during the period. Finally, Highline Wealth Partners LLC grew its holdings in International Business Machines by 85.0% in the 2nd quarter. Highline Wealth Partners LLC now owns 111 shares of the technology company’s stock worth $33,000 after acquiring an additional 51 shares during the last quarter. 58.96% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on IBM shares. Erste Group Bank downgraded shares of International Business Machines from a “buy” rating to a “hold” rating in a research note on Thursday, August 14th. Bank of America boosted their price target on International Business Machines from $310.00 to $315.00 and gave the company a “buy” rating in a report on Thursday, October 23rd. BMO Capital Markets increased their price objective on International Business Machines from $300.00 to $305.00 and gave the stock a “market perform” rating in a report on Thursday, October 23rd. Jefferies Financial Group lifted their price objective on International Business Machines from $280.00 to $305.00 and gave the stock a “hold” rating in a research report on Tuesday, October 21st. Finally, Morgan Stanley reduced their target price on International Business Machines from $256.00 to $252.00 and set an “equal weight” rating on the stock in a research note on Thursday, October 23rd. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, International Business Machines has a consensus rating of “Moderate Buy” and a consensus target price of $288.00.

International Business Machines Stock Down 1.9%

IBM stock opened at $306.64 on Friday. International Business Machines Corporation has a fifty-two week low of $204.07 and a fifty-two week high of $319.35. The company has a market capitalization of $286.63 billion, a price-to-earnings ratio of 36.68, a price-to-earnings-growth ratio of 4.33 and a beta of 0.71. The business’s 50 day moving average price is $279.45 and its two-hundred day moving average price is $269.02. The company has a debt-to-equity ratio of 1.97, a quick ratio of 0.89 and a current ratio of 0.93.

International Business Machines (NYSE:IBM) last released its quarterly earnings results on Wednesday, October 22nd. The technology company reported $2.65 earnings per share for the quarter, beating the consensus estimate of $2.45 by $0.20. The company had revenue of $16.33 billion for the quarter, compared to analyst estimates of $16.10 billion. International Business Machines had a return on equity of 37.76% and a net margin of 12.09%.The firm’s revenue was up 9.1% on a year-over-year basis. During the same period in the previous year, the company posted $2.30 earnings per share. International Business Machines has set its FY 2025 guidance at EPS. As a group, analysts forecast that International Business Machines Corporation will post 10.78 earnings per share 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 $1.68 dividend. The ex-dividend date of this dividend is Monday, November 10th. This represents a $6.72 dividend on an annualized basis and a dividend yield of 2.2%. International Business Machines’s dividend payout ratio is currently 80.38%.

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.