International Business Machines Corporation $IBM Shares Sold by Mediolanum International Funds Ltd

Mediolanum International Funds Ltd decreased its position in International Business Machines Corporation (NYSE:IBM) by 47.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 43,411 shares of the technology company’s stock after selling 39,415 shares during the period. Mediolanum International Funds Ltd’s holdings in International Business Machines were worth $10,299,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Basepoint Wealth LLC acquired a new position in International Business Machines during the 4th quarter worth approximately $25,000. Family CFO Inc acquired a new stake in shares of International Business Machines in the 4th quarter valued at approximately $25,000. Joseph Group Capital Management purchased a new stake in shares of International Business Machines in the fourth quarter valued at approximately $28,000. Cornerstone Financial Management LLC purchased a new stake in shares of International Business Machines in the fourth quarter valued at approximately $28,000. Finally, SWAN Capital LLC acquired a new position in International Business Machines during the third quarter worth $28,000. 58.96% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on IBM shares. Morgan Stanley increased their price objective on International Business Machines from $267.00 to $293.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 14th. Sanford C. Bernstein reaffirmed a “market perform” rating on shares of International Business Machines in a research note on Thursday. Wall Street Zen downgraded shares of International Business Machines from a “hold” rating to a “sell” rating in a report on Saturday. Wedbush set a $350.00 price target on shares of International Business Machines in a report on Tuesday, June 2nd. Finally, Barclays assumed coverage on shares of International Business Machines in a research note on Monday, June 1st. They issued an “overweight” rating and a $350.00 price objective for the company. Fifteen investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $292.89.

Key Headlines Impacting International Business Machines

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

• Positive Sentiment: IBM launched new Power server products aimed at automation, app modernization, and local AI inferencing, which could support its enterprise AI push over time.
• Positive Sentiment: JPMorgan kept an overweight rating on IBM even after cutting its price target to $250, indicating Wall Street still sees upside from current levels.
• Positive Sentiment: Some analysts say the stock’s sharp decline may have pushed it into oversold territory, which could attract bargain hunters if sentiment stabilizes.
• Neutral Sentiment: IBM heads into its July 22 earnings report with investors focused on whether the company can validate its AI and cloud momentum after the warning.
• Neutral Sentiment: Analysts at Zacks and others are debating whether the selloff is an opportunity or a sign to wait, reflecting uncertainty rather than a clear fundamental shift.
• Negative Sentiment: IBM’s preliminary Q2 miss and weak near-term outlook are the main reasons the stock is falling, as they suggest slower growth and margin pressure.
• Negative Sentiment: Multiple law firms have announced securities-fraud investigations after the plunge, which can keep negative headlines around the stock.
• Negative Sentiment: Analyst sentiment is turning more cautious, with some estimate reductions and technical warnings reinforcing bearish momentum.

International Business Machines Stock Performance

NYSE IBM opened at $212.54 on Monday. International Business Machines Corporation has a 1-year low of $204.44 and a 1-year high of $332.46. The company has a market capitalization of $199.76 billion, a P/E ratio of 18.79, a PEG ratio of 2.28 and a beta of 0.68. The business has a 50 day moving average price of $263.84 and a 200 day moving average price of $263.28. 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 (NYSE:IBM) last posted its earnings results on Wednesday, April 22nd. The technology company reported $1.91 EPS for the quarter, topping analysts’ consensus estimates of $1.81 by $0.10. The company had revenue of $15.92 billion for the quarter, compared to the consensus estimate of $15.60 billion. International Business Machines had a return on equity of 37.23% and a net margin of 15.61%.International Business Machines’s quarterly revenue was up 9.5% compared to the same quarter last year. During the same period in the previous year, the business earned $1.60 earnings per share. Sell-side analysts expect that International Business Machines Corporation will post 12.28 EPS for the current fiscal year.

International Business Machines Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 8th were paid a dividend of $1.69 per share. 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. This represents a $6.76 annualized dividend and a dividend yield of 3.2%. International Business Machines’s dividend payout ratio is presently 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.