Hennion & Walsh Asset Management Inc. lifted its holdings in International Business Machines Corporation (NYSE:IBM – Free Report) by 17.6% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 24,278 shares of the technology company’s stock after buying an additional 3,634 shares during the quarter. Hennion & Walsh Asset Management Inc.’s holdings in International Business Machines were worth $6,827,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors have also modified their holdings of IBM. Norges Bank acquired a new position in International Business Machines in the fourth quarter valued at approximately $2,446,429,000. Capital World Investors raised its position in shares of International Business Machines by 29.2% during the 4th quarter. Capital World Investors now owns 22,021,912 shares of the technology company’s stock worth $6,523,720,000 after purchasing an additional 4,976,756 shares during the period. Price T Rowe Associates Inc. MD lifted its holdings in shares of International Business Machines by 83.4% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 5,617,117 shares of the technology company’s stock worth $1,663,847,000 after purchasing an additional 2,553,552 shares during the last quarter. Corient Private Wealth LLC lifted its holdings in shares of International Business Machines by 359.6% in the 4th quarter. Corient Private Wealth LLC now owns 1,896,675 shares of the technology company’s stock worth $561,814,000 after purchasing an additional 1,484,026 shares during the last quarter. Finally, Vanguard Group Inc. boosted its position in International Business Machines by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 97,216,131 shares of the technology company’s stock valued at $28,796,390,000 after purchasing an additional 1,439,824 shares during the period. 58.96% of the stock is owned by institutional investors and hedge funds.
International Business Machines Stock Down 0.1%
IBM opened at $237.08 on Monday. The stock’s 50 day moving average price is $258.59 and its 200 day moving average price is $254.94. The company has a debt-to-equity ratio of 1.63, a current ratio of 0.79 and a quick ratio of 0.74. The stock has a market cap of $223.36 billion, a P/E ratio of 21.04, a P/E/G ratio of 2.33 and a beta of 0.70. International Business Machines Corporation has a 12 month low of $199.19 and a 12 month high of $332.46.
International Business Machines Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Monday, August 10th will be given a $1.69 dividend. This represents a $6.76 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date is Monday, August 10th. International Business Machines’s dividend payout ratio is currently 59.98%.
Wall Street Analysts Forecast Growth
A number of research analysts recently commented on IBM shares. Needham & Company LLC assumed coverage on International Business Machines in a research note on Wednesday, June 3rd. They set a “buy” rating for the company. Oppenheimer downgraded shares of International Business Machines from an “outperform” rating to a “market perform” rating in a report on Wednesday, July 15th. HSBC set a $175.00 price target on shares of International Business Machines and gave the stock a “reduce” rating in a research report on Thursday, July 16th. Wedbush set a $350.00 price objective on shares of International Business Machines in a report on Tuesday, June 2nd. Finally, KeyCorp downgraded shares of International Business Machines to a “sector weight” rating in a research report on Tuesday, June 23rd. Fifteen analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, International Business Machines presently has an average rating of “Moderate Buy” and a consensus target price of $265.40.
Read Our Latest Analysis on International Business Machines
Trending Headlines about International Business Machines
Here are the key news stories impacting International Business Machines this week:
- Positive Sentiment: IBM previewed Apptio AI Value & ROI, a tool designed to track AI spending—including token costs—and connect it with business outcomes. The offering could help enterprises justify AI investments and strengthen IBM’s position in AI governance and FinOps software. IBM previews Apptio AI Value & ROI to track AI spend and results
- Positive Sentiment: IBM’s Maximo Application Suite as a Service received FedRAMP Moderate authorization, allowing U.S. federal agencies to use its cloud-based asset-management tools in regulated environments. The approval may expand IBM’s government-cloud opportunity and provide a credibility boost for its software business. IBM Secures FedRAMP Moderate Authorization For Maximo
- Neutral Sentiment: Recent commentary describes IBM as a high-risk, mixed setup: software growth is strong, but declining mainframe sales and the aftermath of the earnings-related selloff could limit the rebound. Investors are weighing whether the recovery reflects value or unresolved operational risk. IBM’s Post-Collapse Rebound: A Complex Risk Reward Profile
- Negative Sentiment: Hagens Berman, Bleichmar Fonti & Auld, and Pomerantz announced investigations related to IBM’s reported financial disclosures and the severe post-earnings decline. These announcements do not establish wrongdoing, but they add legal uncertainty, reputational risk and potential shareholder-claim exposure. IBM Securities Fraud Investigation is Ongoing Pomerantz IBM investor investigation
- Negative Sentiment: Kyndryl reported ongoing IBM-related revenue declines, underscoring potential headwinds in legacy infrastructure and services. That weakness contrasts with IBM’s software momentum and may reinforce concerns about the company’s transition away from older businesses. Kyndryl earnings call highlights
About International Business Machines
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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