Sage Capital Advisors llc Purchases New Stake in International Business Machines Corporation $IBM

Sage Capital Advisors llc purchased a new stake in shares of International Business Machines Corporation (NYSE:IBM) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 19,081 shares of the technology company’s stock, valued at approximately $5,366,000.

Other hedge funds have also recently modified their holdings of the company. Brighton Jones LLC raised its holdings in shares of International Business Machines by 12.4% during the fourth quarter. Brighton Jones LLC now owns 21,011 shares of the technology company’s stock valued at $4,619,000 after acquiring an additional 2,323 shares in the last quarter. Sivia Capital Partners LLC increased its position in International Business Machines by 10.6% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,938 shares of the technology company’s stock valued at $571,000 after purchasing an additional 186 shares during the period. Jump Financial LLC purchased a new position in International Business Machines during the 2nd quarter valued at $211,000. Ieq Capital LLC raised its holdings in International Business Machines by 2.2% in the 2nd quarter. Ieq Capital LLC now owns 38,617 shares of the technology company’s stock worth $11,383,000 after purchasing an additional 843 shares in the last quarter. Finally, Vivaldi Capital Management LP lifted its position in shares of International Business Machines by 11.6% in the 2nd quarter. Vivaldi Capital Management LP now owns 1,017 shares of the technology company’s stock worth $300,000 after purchasing an additional 106 shares during the period. Hedge funds and other institutional investors own 58.96% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on IBM. JPMorgan Chase & Co. cut their target price on shares of International Business Machines from $291.00 to $250.00 and set an “overweight” rating on the stock in a research note on Friday, July 17th. Jefferies Financial Group lowered their price objective on shares of International Business Machines from $320.00 to $260.00 and set a “buy” rating for the company in a report on Tuesday, July 21st. Weiss Ratings cut International Business Machines from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, June 24th. BMO Capital Markets decreased their target price on International Business Machines from $270.00 to $230.00 and set a “market perform” rating for the company in a research report on Thursday, July 23rd. Finally, Royal Bank Of Canada restated an “outperform” rating and set a $270.00 price target on shares of International Business Machines in a research report on Tuesday, July 21st. Fifteen research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $265.40.

International Business Machines Stock Performance

Shares of International Business Machines stock opened at $235.76 on Tuesday. International Business Machines Corporation has a 1 year low of $199.19 and a 1 year high of $332.46. The firm’s 50-day moving average is $256.92 and its 200 day moving average is $254.55. The stock has a market cap of $222.12 billion, a price-to-earnings ratio of 20.92, a PEG ratio of 2.33 and a beta of 0.70. The company has a debt-to-equity ratio of 1.63, a current ratio of 0.79 and a quick ratio of 0.74.

International Business Machines (NYSE:IBM) last released its quarterly earnings data on Wednesday, July 22nd. The technology company reported $2.93 earnings per share for the quarter, meeting analysts’ consensus estimates of $2.93. The business had revenue of $17.16 billion during the quarter, compared to analyst estimates of $17.46 billion. International Business Machines had a net margin of 15.52% and a return on equity of 35.65%. International Business Machines’s revenue was up 1.1% compared to the same quarter last year. During the same period last year, the business earned $2.80 EPS. Sell-side analysts anticipate that International Business Machines Corporation will post 12.33 EPS for the current fiscal year.

International Business Machines Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Monday, August 10th will be given a dividend of $1.69 per share. The ex-dividend date of this dividend is Monday, August 10th. This represents a $6.76 annualized dividend and a dividend yield of 2.9%. International Business Machines’s dividend payout ratio (DPR) is 59.98%.

Key Headlines Impacting International Business Machines

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

• Positive Sentiment: IBM’s return to Canada’s bond market after 14 years demonstrates continued access to international financing and places the company amid strong demand for “Maple” bonds from foreign issuers. The move could help diversify funding sources, although additional borrowing may also increase leverage. IBM Returns to Canada’s Bond Market After 14 Years as Other Tech Giants Rush In
• Positive Sentiment: IBM’s CEO indicated that quantum computing could begin making a measurable contribution to revenue and profit in the coming years. That outlook reinforces quantum computing as a potentially significant long-term growth opportunity, though it is unlikely to materially change near-term results. This Is When IBM’s CEO Says Quantum Computing Could Start to Have a Measurable Impact on Its Bottom Line
• Neutral Sentiment: The U.S. administration’s reported $2 billion quantum-computing initiative could expand industry investment and validate IBM’s technology focus, but it also highlights an ambitious competitive race with uncertain commercialization timelines. Inside the Trump administration’s $2 billion push to build the world’s first useful quantum computer
• Negative Sentiment: IBM’s shares went ex-dividend on August 10 for a $1.69-per-share cash payment scheduled for September 10. The mechanical ex-dividend adjustment can weigh on the stock even though it does not represent a deterioration in the company’s operations. International Business Machines Corp’s Dividend Analysis
• Negative Sentiment: Broadcom is expanding security capabilities in VMware Cloud Foundation, intensifying competition with IBM in enterprise infrastructure and cloud-related markets. Stronger rival offerings could pressure IBM’s growth prospects and pricing power. Broadcom Boosts VCF Security: Can it Fend Off Nutanix and IBM?
• Negative Sentiment: Erste Group Bank expressed a negative outlook on IBM’s fiscal 2026 earnings, adding to concerns about limited near-term earnings momentum. Erste Group Bank Has Negative Outlook of IBM FY2026 Earnings
• Negative Sentiment: A law firm announced a securities-fraud investigation following IBM’s major stock decline. The announcement is not proof of wrongdoing, but it may add legal and reputational overhang. IBM Securities Fraud Investigation

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.