QRG Capital Management Inc. Buys 10,627 Shares of International Business Machines Corporation $IBM

QRG Capital Management Inc. lifted its stake in International Business Machines Corporation (NYSE:IBM) by 6.6% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 172,688 shares of the technology company’s stock after acquiring an additional 10,627 shares during the quarter. QRG Capital Management Inc.’s holdings in International Business Machines were worth $48,562,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Blue Zone Wealth Advisors LLC acquired a new position in International Business Machines during the second quarter valued at approximately $222,000. Triangle Securities Wealth Management grew its stake in International Business Machines by 103.8% in the second quarter. Triangle Securities Wealth Management now owns 3,267 shares of the technology company’s stock valued at $857,000 after purchasing an additional 1,664 shares in the last quarter. Seaview Investment Managers LLC increased its position in shares of International Business Machines by 9.1% during the 2nd quarter. Seaview Investment Managers LLC now owns 34,761 shares of the technology company’s stock worth $9,775,000 after purchasing an additional 2,895 shares during the last quarter. BAM Wealth Management LLC raised its stake in shares of International Business Machines by 41.1% during the 2nd quarter. BAM Wealth Management LLC now owns 1,254 shares of the technology company’s stock worth $353,000 after purchasing an additional 365 shares in the last quarter. Finally, Smith Thornton Advisors LLC raised its stake in shares of International Business Machines by 13.4% during the 2nd quarter. Smith Thornton Advisors LLC now owns 5,810 shares of the technology company’s stock worth $1,686,000 after purchasing an additional 686 shares in the last quarter. Institutional investors own 58.96% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. Stifel Nicolaus decreased their target price on shares of International Business Machines from $290.00 to $235.00 and set a “buy” rating for the company in a research note on Monday, July 20th. Weiss Ratings lowered shares of International Business Machines from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, June 24th. HSBC set a $175.00 price target on shares of International Business Machines and gave the company a “reduce” rating in a research note on Thursday, July 16th. Morgan Stanley decreased their price objective on shares of International Business Machines from $293.00 to $190.00 and set an “equal weight” rating for the company in a research report on Thursday, July 23rd. Finally, Wall Street Zen lowered shares of International Business Machines from a “hold” rating to a “sell” rating in a research note on Saturday, July 18th. Fifteen investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $265.40.

International Business Machines Stock Down 1.0%

IBM stock opened at $234.79 on Friday. The company has a current ratio of 0.79, a quick ratio of 0.74 and a debt-to-equity ratio of 1.63. The firm has a market capitalization of $221.21 billion, a PE ratio of 20.83, a PEG ratio of 2.33 and a beta of 0.70. International Business Machines Corporation has a 1-year low of $199.19 and a 1-year high of $332.46. The business’s 50 day simple moving average is $251.38 and its 200 day simple moving average is $253.20.

International Business Machines (NYSE:IBM) last posted its quarterly earnings results on Wednesday, July 22nd. The technology company reported $2.93 earnings per share for the quarter, meeting analysts’ consensus estimates of $2.93. International Business Machines had a return on equity of 35.65% and a net margin of 15.52%.The business had revenue of $17.16 billion for the quarter, compared to analysts’ expectations of $17.46 billion. During the same quarter in the prior year, the business earned $2.80 EPS. The firm’s revenue for the quarter was up 1.1% on a year-over-year basis. As a group, research analysts anticipate that International Business Machines Corporation will post 12.33 EPS for the current year.

International Business Machines Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Monday, August 10th will be given a $1.69 dividend. 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 is presently 59.98%.

Trending Headlines about International Business Machines

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

• Positive Sentiment: IBM’s strategic partnership with OpenAI will embed OpenAI models and tools, including GPT-5.6, into IBM Consulting’s enterprise AI platform. IBM also plans to establish a dedicated OpenAI Practice and train thousands of consultants and engineers, potentially strengthening its position in regulated industries such as finance, government, telecommunications and retail. IBM partners with OpenAI to bolster enterprise AI push
• Positive Sentiment: IBM’s $240 million, multi-year agreement with Together AI will build an NVIDIA-powered AI inference cluster on IBM Cloud. Strong anticipated demand could support growth in IBM’s cloud infrastructure and high-performance AI workloads. Can IBM’s Together AI Cloud Deal Boost Its Growth Prospects?
• Positive Sentiment: IBM-reported research indicates that 85% of organizations planned to increase security spending by May, up from 64% during the prior period, as companies respond to frontier-AI cyber threats. This could benefit IBM’s cybersecurity, consulting and AI automation businesses. Frontier AI Threats Drive Companies to Boost Security Budgets
• Neutral Sentiment: Some coverage characterizes IBM as a relatively attractive technology investment because of its steadier earnings outlook, valuation and dividend, while other commentary highlights longer-term opportunities in quantum computing. These factors may provide support but are unlikely to resolve near-term growth concerns. AST SpaceMobile vs. IBM: Which Tech Stock is the Better Buy Now?
• Negative Sentiment: IBM’s shares have declined even after the OpenAI announcement, suggesting investors want evidence that the alliance can accelerate sales and profits. The partnership’s costs, implementation timeline and ability to convert consulting demand into recurring revenue remain key uncertainties. IBM Stock Drops Despite Major OpenAI Partnership
• Negative Sentiment: Bleichmar Fonti & Auld LLP announced an investigation into potential securities fraud following IBM’s significant stock decline. The announcement is primarily an attorney solicitation and does not establish wrongdoing, but it adds headline and litigation risk. IBM securities fraud investigation reminder

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.