Vise Technologies Inc. boosted its position in shares of International Business Machines Corporation (NYSE:IBM – Free Report) by 33.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 41,121 shares of the technology company’s stock after buying an additional 10,278 shares during the quarter. Vise Technologies Inc.’s holdings in International Business Machines were worth $12,180,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds also recently bought and sold shares of IBM. Brighton Jones LLC boosted its stake in International Business Machines by 12.4% during the fourth quarter. Brighton Jones LLC now owns 21,011 shares of the technology company’s stock worth $4,619,000 after buying an additional 2,323 shares during the period. Sivia Capital Partners LLC boosted its stake in shares of International Business Machines by 10.6% during the second quarter. Sivia Capital Partners LLC now owns 1,938 shares of the technology company’s stock valued at $571,000 after purchasing an additional 186 shares during the period. Jump Financial LLC purchased a new stake in shares of International Business Machines during the second quarter valued at $211,000. Ieq Capital LLC boosted its stake in shares of International Business Machines by 2.2% during the second quarter. Ieq Capital LLC now owns 38,617 shares of the technology company’s stock valued at $11,383,000 after purchasing an additional 843 shares during the period. Finally, Vivaldi Capital Management LP boosted its stake in shares of International Business Machines by 11.6% during the second quarter. Vivaldi Capital Management LP now owns 1,017 shares of the technology company’s stock valued at $300,000 after purchasing an additional 106 shares during the period. 58.96% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of analysts recently weighed in on IBM shares. Citigroup upped their price objective on shares of International Business Machines from $285.00 to $375.00 and gave the stock a “buy” rating in a research note on Tuesday. Jefferies Financial Group lowered their price objective on shares of International Business Machines from $370.00 to $320.00 and set a “buy” rating for the company in a research note on Monday, April 20th. Wedbush set a $350.00 price objective on shares of International Business Machines in a research note on Tuesday. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of International Business Machines in a research note on Thursday, May 28th. Finally, Oppenheimer lowered their price objective on shares of International Business Machines from $380.00 to $320.00 and set an “outperform” rating for the company in a research note on Thursday, April 16th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and eight have given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $304.17.
Key Headlines Impacting International Business Machines
Here are the key news stories impacting International Business Machines this week:
- Positive Sentiment: IBM announced a strategic partnership with Google Cloud to create a new Google Cloud practice focused on scaling enterprise AI, modernizing core systems, and combining IBM Consulting with Google’s Gemini Enterprise tools. Investors may see this as a meaningful new revenue opportunity in AI services and cloud consulting. IBM and Google Cloud Announce Strategic Partnership to Scale AI with Human Expertise and AI‑Powered Delivery
- Positive Sentiment: IBM also extended its AI story with a separate partnership with three.ws to build AI-powered 3D workspaces, reinforcing the company’s push into enterprise AI, hybrid cloud, and regulated-industry use cases. IBM Extends AI Narrative With Three Ws 3D Workspace Partnership
- Positive Sentiment: Analysts and media coverage highlighted IBM’s growing position in quantum computing, with Citi and other commentary pointing to IBM’s large investment as a potential long-term catalyst. Citi Sees IBM Strengthening its Position in the Emerging Quantum Computing Market
- Positive Sentiment: Barclays initiated coverage on IBM with an overweight rating and a $350 price target, which likely supported sentiment by signaling further upside in the shares. Barclays sets eye-catching IBM stock price target
- Neutral Sentiment: IBM also launched an AI Builders Challenge for universities and expanded access to IBM Bob at 20,000 institutions, which strengthens its AI ecosystem but is more of a long-term brand and talent-building initiative than an immediate financial catalyst. IBM Launches Global AI Builders Challenge With IBM Bob for University Students, Expanding Availability of IBM Bob to 20,000 Post-Secondary Institutions Worldwide
- Negative Sentiment: A Fortune report said IBM, along with AT&T, was accused by a whistleblower of covering up foreign hacks involving IBM cloud infrastructure used by parts of the U.S. government. If this story gains traction, it could raise cybersecurity and reputational concerns for IBM. IBM, AT&T accused by whistleblower of covering up foreign hacks
International Business Machines Stock Performance
IBM stock opened at $301.93 on Friday. The firm has a market cap of $283.78 billion, a price-to-earnings ratio of 26.70, a PEG ratio of 3.17 and a beta of 0.67. The firm has a 50-day simple moving average of $245.61 and a two-hundred day simple moving average of $270.84. International Business Machines Corporation has a one year low of $212.34 and a one year high of $332.46. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.76 and a current ratio of 0.80.
International Business Machines (NYSE:IBM – Get Free Report) last posted its quarterly earnings data on Wednesday, April 22nd. The technology company reported $1.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.81 by $0.10. International Business Machines had a net margin of 15.61% and a return on equity of 37.23%. The firm had revenue of $15.92 billion for the quarter, compared to the consensus estimate of $15.60 billion. During the same quarter in the prior year, the company posted $1.60 earnings per share. The company’s revenue for the quarter was up 9.5% compared to the same quarter last year. On average, equities analysts forecast that International Business Machines Corporation will post 12.4 EPS for the current fiscal year.
International Business Machines Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Friday, May 8th will be paid a dividend of $1.69 per share. This represents a $6.76 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Friday, May 8th. This is a positive change from International Business Machines’s previous quarterly dividend of $1.68. International Business Machines’s dividend payout ratio is 59.77%.
International Business Machines Company Profile
International Business Machines Corporation (IBM) is a global technology and consulting company headquartered in Armonk, New York. Founded in 1911 as the Computing-Tabulating-Recording Company (CTR) and renamed IBM in 1924, the company has evolved from early electromechanical machines to a diversified technology provider serving enterprises and governments worldwide. IBM is publicly traded on the New York Stock Exchange under the ticker symbol IBM.
IBM’s principal businesses encompass cloud computing and software, infrastructure and systems, consulting and technology services, and research and development.
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