MV Capital Management Inc. acquired a new position in International Business Machines Corporation (NYSE:IBM – Free Report) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 3,156 shares of the technology company’s stock, valued at approximately $935,000.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Family CFO Inc bought a new stake in shares of International Business Machines during the 4th quarter worth about $25,000. Basepoint Wealth LLC acquired a new stake in shares of International Business Machines in the 4th quarter worth approximately $25,000. Joseph Group Capital Management bought a new position in shares of International Business Machines in the fourth quarter valued at approximately $28,000. Cornerstone Financial Management LLC bought a new position in shares of International Business Machines in the fourth quarter valued at approximately $28,000. Finally, SWAN Capital LLC acquired a new position in shares of International Business Machines during the third quarter valued at approximately $28,000. Institutional investors own 58.96% of the company’s stock.
International Business Machines Price Performance
Shares of NYSE:IBM opened at $249.72 on Friday. International Business Machines Corporation has a one year low of $212.34 and a one year high of $332.46. The stock has a fifty day moving average of $251.29 and a 200-day moving average of $268.90. The company has a market capitalization of $234.71 billion, a PE ratio of 22.08, a price-to-earnings-growth ratio of 2.72 and a beta of 0.67. 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 declared a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Friday, May 8th were paid a $1.69 dividend. The ex-dividend date of this dividend was Friday, May 8th. This represents a $6.76 dividend on an annualized basis and a yield of 2.7%. This is an increase from International Business Machines’s previous quarterly dividend of $1.68. International Business Machines’s dividend payout ratio (DPR) is 59.77%.
Wall Street Analyst Weigh In
A number of equities research analysts have weighed in on the company. Wedbush set a $350.00 target price on International Business Machines in a research report on Tuesday, June 2nd. HSBC upgraded International Business Machines from a “reduce” rating to a “hold” rating and lifted their price target for the company from $218.00 to $231.00 in a research report on Tuesday, April 28th. JPMorgan Chase & Co. dropped their price objective on International Business Machines from $317.00 to $283.00 and set a “neutral” rating on the stock in a research note on Wednesday, March 18th. Oppenheimer cut their price objective 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. Finally, Wall Street Zen lowered International Business Machines from a “hold” rating to a “sell” rating in a report on Saturday, June 13th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $304.17.
Key International Business Machines News
Here are the key news stories impacting International Business Machines this week:
- Negative Sentiment: IBM shares fell after Accenture narrowed its fiscal 2026 sales guidance, sparking concern that enterprise IT spending and services demand could be softer across the sector.
- Negative Sentiment: Market commentary said IBM stock remained under pressure intraday as traders reacted to the peer warning, with the move extending a recent downtrend in the shares.
- Neutral Sentiment: IBM also released a study highlighting rising AI dependencies and sovereignty risks for enterprises, which reinforces IBM’s positioning in AI governance but is not an immediate earnings catalyst.
- Neutral Sentiment: Reuters reported IBM executives discussing Europe’s push for tech sovereignty at the G7 and VivaTech, underscoring IBM’s relevance in AI and cloud infrastructure discussions, though this is more strategic than market-moving today.
- Positive Sentiment: Separately, IBM Maximo Application Suite was used in a successful SaaS migration for a major Asia-Pacific resort operator, showing continued enterprise adoption of IBM software. Sedin Technologies Completes IBM Maximo Application Suite SaaS Migration for Major Asia-Pacific Resort Operator Across Five Properties
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.
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