Maytus Capital Management LLC Acquires 5,600 Shares of International Business Machines Corporation $IBM

Maytus Capital Management LLC increased its holdings in International Business Machines Corporation (NYSE:IBM) by 45.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,000 shares of the technology company’s stock after acquiring an additional 5,600 shares during the period. Maytus Capital Management LLC’s holdings in International Business Machines were worth $5,332,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of IBM. Norges Bank bought a new position in shares of International Business Machines in the fourth quarter valued at approximately $2,446,429,000. Capital World Investors grew its holdings in shares of International Business Machines by 29.2% in the fourth quarter. Capital World Investors now owns 22,021,912 shares of the technology company’s stock valued at $6,523,720,000 after acquiring an additional 4,976,756 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of International Business Machines by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 97,216,131 shares of the technology company’s stock valued at $28,796,390,000 after acquiring an additional 1,439,824 shares in the last quarter. Victory Capital Management Inc. grew its holdings in shares of International Business Machines by 26.3% in the fourth quarter. Victory Capital Management Inc. now owns 4,582,818 shares of the technology company’s stock valued at $1,357,478,000 after acquiring an additional 954,879 shares in the last quarter. Finally, First Trust Advisors LP grew its holdings in shares of International Business Machines by 39.6% in the third quarter. First Trust Advisors LP now owns 3,052,880 shares of the technology company’s stock valued at $861,401,000 after acquiring an additional 865,253 shares in the last quarter. 58.96% of the stock is owned by institutional investors.

Key Headlines Impacting International Business Machines

Here are the key news stories impacting International Business Machines this week:

• Positive Sentiment: IBM highlighted a new global study showing many companies are locked into AI systems they cannot easily change, which supports IBM’s pitch for AI sovereignty, governance, and enterprise continuity as AI spending grows. IBM Study: Limited Control and Rising Dependencies Leave Enterprises Exposed in the Age of AI
• Positive Sentiment: IBM’s AI/data infrastructure ambitions were reinforced by its expanded OEM deal with Cirata for Big Replicate, aimed at helping customers move and prepare large-scale data for AI workloads. Cirata Deepens IBM Alliance With OEM Deal for Symphony Data Platform
• Positive Sentiment: IBM also unveiled new Apptio capabilities for AI-powered technology-spend management, which could improve enterprise adoption of IBM software and services. Apptio Unveils Conversational Insights and New Suite of AI-Powered Capabilities
• Neutral Sentiment: Analysts continued to debate IBM’s valuation, with some articles saying the stock may still be below fair value while others framed it as a buy after its pullback. Analysts Offer Insights on Technology Companies: International Business Machines (IBM) and Interlink Electronics (LINK)
• Neutral Sentiment: IBM was also the subject of several bullish rating-upgrade and fair-value articles, suggesting Wall Street sees upside potential, but these were commentary pieces rather than new fundamental catalysts. IBM: Slow, Steady With Room For Multiple Expansion (Rating Upgrade)
• Negative Sentiment: One recent market note said IBM stock had fallen while the broader market rose, reflecting lingering concerns about momentum after the shares pulled back from earlier highs. IBM (IBM) Stock Sinks As Market Gains: Here’s Why

International Business Machines Trading Up 0.7%

Shares of IBM stock opened at $270.66 on Wednesday. The company’s fifty day simple moving average is $250.88 and its two-hundred day simple moving average is $269.61. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.80 and a quick ratio of 0.76. International Business Machines Corporation has a 1 year low of $212.34 and a 1 year high of $332.46. The stock has a market capitalization of $254.39 billion, a price-to-earnings ratio of 23.93, a PEG ratio of 2.79 and a beta of 0.67.

International Business Machines (NYSE:IBM) last issued its earnings results on Wednesday, April 22nd. The technology company reported $1.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 business had revenue of $15.92 billion for the quarter, compared to analysts’ expectations of $15.60 billion. During the same quarter in the previous year, the firm posted $1.60 EPS. The business’s revenue for the quarter was up 9.5% compared to the same quarter last year. As a group, analysts anticipate that International Business Machines Corporation will post 12.38 earnings per share for the current year.

International Business Machines Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Friday, May 8th were issued a dividend of $1.69 per share. This represents a $6.76 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend was Friday, May 8th. This is a positive change from International Business Machines’s previous quarterly dividend of $1.68. International Business Machines’s payout ratio is presently 59.77%.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on IBM. Needham & Company LLC began coverage on International Business Machines in a report on Wednesday, June 3rd. They issued a “buy” rating for the company. Royal Bank Of Canada reiterated an “outperform” rating on shares of International Business Machines in a research note on Thursday, May 28th. Wall Street Zen downgraded International Business Machines from a “hold” rating to a “sell” rating in a research note on Saturday. HSBC upgraded International Business Machines from a “reduce” rating to a “hold” rating and upped their price objective for the company from $218.00 to $231.00 in a research note on Tuesday, April 28th. Finally, Stifel Nicolaus set a $290.00 price objective on International Business Machines in a research note on Friday, May 22nd. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $304.17.

International Business Machines 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.