Siemens Fonds Invest GmbH increased its stake in shares of International Business Machines Corporation (NYSE:IBM – Free Report) by 9.1% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 26,023 shares of the technology company’s stock after acquiring an additional 2,176 shares during the period. Siemens Fonds Invest GmbH’s holdings in International Business Machines were worth $7,860,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Blair William & Co. IL increased its holdings in International Business Machines by 2.5% during the 4th quarter. Blair William & Co. IL now owns 471,447 shares of the technology company’s stock valued at $139,647,000 after purchasing an additional 11,707 shares in the last quarter. Graham Capital Management L.P. acquired a new stake in International Business Machines during the 4th quarter valued at $524,000. Carret Asset Management LLC increased its holdings in International Business Machines by 2.4% during the 4th quarter. Carret Asset Management LLC now owns 19,667 shares of the technology company’s stock valued at $5,825,000 after purchasing an additional 466 shares in the last quarter. Nicholas Wealth LLC. increased its holdings in International Business Machines by 12.8% during the 4th quarter. Nicholas Wealth LLC. now owns 3,528 shares of the technology company’s stock valued at $1,045,000 after purchasing an additional 399 shares in the last quarter. Finally, Howe & Rusling Inc. increased its holdings in International Business Machines by 3.4% during the 4th quarter. Howe & Rusling Inc. now owns 3,099 shares of the technology company’s stock valued at $918,000 after purchasing an additional 101 shares in the last quarter. 58.96% of the stock is owned by institutional investors and hedge funds.
International Business Machines Stock Up 0.7%
NYSE IBM opened at $270.66 on Wednesday. The stock has a fifty day moving average of $250.88 and a 200-day moving average of $269.61. The stock has a market capitalization of $254.39 billion, a P/E ratio of 23.93, a price-to-earnings-growth ratio of 2.79 and a beta of 0.67. International Business Machines Corporation has a 52 week low of $212.34 and a 52 week 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 Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Friday, May 8th were paid a dividend of $1.69 per share. This represents a $6.76 dividend on an annualized basis and a dividend yield of 2.5%. This is a boost from International Business Machines’s previous quarterly dividend of $1.68. The ex-dividend date of this dividend was Friday, May 8th. International Business Machines’s payout ratio is presently 59.77%.
Analyst Ratings Changes
A number of equities research analysts recently weighed in on IBM shares. Weiss Ratings raised International Business Machines from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, June 9th. Oppenheimer dropped their price target on International Business Machines from $380.00 to $320.00 and set an “outperform” rating for the company in a report on Thursday, April 16th. Wall Street Zen cut International Business Machines from a “hold” rating to a “sell” rating in a research note on Saturday. Roth Mkm reissued a “buy” rating on shares of International Business Machines in a research note on Wednesday, June 3rd. Finally, Royal Bank Of Canada reissued an “outperform” rating on shares of International Business Machines in a research note on Thursday, May 28th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $304.17.
View Our Latest Research Report on IBM
Key Headlines Impacting International Business Machines
Here are the key news stories impacting International Business Machines this week:
- Positive Sentiment: IBM and Cirata announced an OEM partnership for the next generation of Big Replicate, aimed at removing petabyte-scale AI data bottlenecks and improving governance for large enterprise AI workflows. IBM Launches Big Replicate With Cirata To Tackle AI Data Bottlenecks
- Positive Sentiment: Apptio, which IBM owns, unveiled new AI-powered capabilities to help customers turn technology spending into measurable business outcomes, reinforcing IBM’s AI and hybrid-cloud monetization story. Apptio Unveils Conversational Insights and New Suite of AI-Powered Capabilities
- Positive Sentiment: Several recent commentary pieces and rating upgrades argue IBM has room for multiple expansion, with one article saying the stock could be materially below fair value as the AI narrative builds. IBM Stock Could Be 22.4% Below Fair Value as AI Narrative Builds
- Positive Sentiment: Analysts cited IBM’s recent selloff as a potential buying opportunity, with commentary noting the shares have pulled back from earlier highs while fundamentals remain supportive. Buy, Hold, or Sell: IBM Just Shed 16% Is It a Clear Buy at 268?
- Neutral Sentiment: IBM shares have been volatile recently, with a one-day decline reported in prior coverage before today’s rebound, suggesting traders are still weighing valuation against execution on AI growth. IBM Stock Sinks As Market Gains: Here’s Why
- Negative Sentiment: The $17 million DOJ settlement referenced in recent coverage is a governance overhang, though it appears more notable for compliance optics than for direct financial impact. IBM’s $17 million DOJ settlement makes the case for civility
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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