Thurston Springer Miller Herd & Titak Inc. Raises Holdings in International Business Machines Corporation $IBM

Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of International Business Machines Corporation (NYSE:IBM) by 1,404.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,041 shares of the technology company’s stock after purchasing an additional 6,573 shares during the period. International Business Machines accounts for about 0.7% of Thurston Springer Miller Herd & Titak Inc.’s holdings, making the stock its 23rd biggest position. Thurston Springer Miller Herd & Titak Inc.’s holdings in International Business Machines were worth $2,087,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of IBM. Capital World Investors increased its position in International Business Machines by 13.9% during the third quarter. Capital World Investors now owns 17,045,156 shares of the technology company’s stock worth $4,809,461,000 after buying an additional 2,077,506 shares in the last quarter. First Trust Advisors LP lifted its position in shares of International Business Machines by 39.6% in the third quarter. First Trust Advisors LP now owns 3,052,880 shares of the technology company’s stock valued at $861,401,000 after acquiring an additional 865,253 shares in the last quarter. Franklin Resources Inc. boosted its stake in shares of International Business Machines by 64.7% during the third quarter. Franklin Resources Inc. now owns 2,162,741 shares of the technology company’s stock valued at $610,239,000 after acquiring an additional 849,500 shares during the last quarter. Amundi increased its position in International Business Machines by 17.9% during the 3rd quarter. Amundi now owns 4,777,516 shares of the technology company’s stock worth $1,382,695,000 after purchasing an additional 725,191 shares in the last quarter. Finally, Vanguard Group Inc. increased its position in International Business Machines by 0.8% during the 3rd quarter. Vanguard Group Inc. now owns 95,776,307 shares of the technology company’s stock worth $27,024,243,000 after purchasing an additional 724,832 shares in the last quarter. Hedge funds and other institutional investors own 58.96% of the company’s stock.

Insider Buying and Selling at International Business Machines

In other news, Director David N. Farr purchased 1,000 shares of the company’s stock in a transaction on Friday, January 30th. The stock was bought at an average cost of $304.00 per share, for a total transaction of $304,000.00. Following the completion of the purchase, the director directly owned 9,258 shares of the company’s stock, valued at $2,814,432. The trade was a 12.11% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Michael Miebach acquired 434 shares of the business’s stock in a transaction dated Wednesday, February 25th. The stock was purchased at an average price of $233.33 per share, for a total transaction of $101,265.22. Following the completion of the acquisition, the director owned 434 shares in the company, valued at approximately $101,265.22. This trade represents a ? increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders purchased a total of 1,484 shares of company stock worth $417,157 over the last ninety days. Corporate insiders own 0.27% of the company’s stock.

Key Headlines Impacting International Business Machines

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

• Positive Sentiment: IBM announced a strategic collaboration with Arm to develop dual?architecture AI/data-center hardware, a move investors see as expanding IBM’s addressable market for enterprise AI infrastructure and improving competitive positioning. IBM Shares Rise 2% After Announcing Strategic Partnership With Arm
• Positive Sentiment: IBM struck a long-term R&D deal with ETH Zurich (10 years) to combine AI and quantum algorithm development — strengthens IBM’s pipeline in quantum-enabled AI capabilities that could drive premium services and long-term differentiation. IBM Partners with ETH Zurich on 10-Year AI and Quantum Computing Initiative
• Positive Sentiment: Coverage highlighting IBM’s progress in quantum (processors >1,000 qubits) reinforces the narrative that IBM is a leader in nascent, high-value technologies investors are watching for multi-year growth. My Top Quantum ETFs For The Next Trend That’s Bigger Than AI
• Neutral Sentiment: IBM continues customer/brand initiatives — a new campus Cyber Defense Range with Full Sail University and an experiential “Masters at Madison Square Park” event — improving visibility but with limited near-term revenue impact. Full Sail University to Open IBM Cyber Defense Range Powered by AWS and Cloud Range on Campus
• Neutral Sentiment: Third-party product/partner news (e.g., CrowdStrike integrations) signal ecosystem traction but are incremental to IBM’s direct revenue growth story. CrowdStrike Partnerships And AI Products Deepen Falcon Platform Consolidation Story
• Negative Sentiment: Despite positive strategic headlines, analysts and articles are flagging recent share-price weakness and mixed valuation metrics (YTD underperformance vs. multi-year gains), which can prompt profit-taking and damp near-term upside. Is It Time To Reassess IBM (IBM) After Recent Share Price Weakness?

International Business Machines Price Performance

IBM opened at $247.86 on Friday. International Business Machines Corporation has a 1 year low of $214.50 and a 1 year high of $324.90. The company’s 50 day simple moving average is $260.22 and its 200 day simple moving average is $283.85. The stock has a market capitalization of $232.50 billion, a PE ratio of 22.23, a P/E/G ratio of 2.47 and a beta of 0.69. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.92 and a current ratio of 0.96.

International Business Machines (NYSE:IBM) last issued its quarterly earnings results on Wednesday, January 28th. The technology company reported $4.52 EPS for the quarter, topping the consensus estimate of $4.33 by $0.19. The firm had revenue of $19.69 billion during the quarter, compared to analyst estimates of $19.23 billion. International Business Machines had a net margin of 15.69% and a return on equity of 38.15%. International Business Machines’s revenue for the quarter was up 12.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $3.92 earnings per share. As a group, sell-side analysts expect that International Business Machines Corporation will post 10.78 EPS for the current year.

International Business Machines Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Tuesday, February 10th were given a $1.68 dividend. This represents a $6.72 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend was Tuesday, February 10th. International Business Machines’s dividend payout ratio (DPR) is 60.27%.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. JPMorgan Chase & Co. reduced their target price on shares of International Business Machines from $317.00 to $283.00 and set a “neutral” rating on the stock in a report on Wednesday, March 18th. Royal Bank Of Canada set a $361.00 price objective on shares of International Business Machines in a research report on Thursday, January 29th. Morgan Stanley reduced their price objective on shares of International Business Machines from $304.00 to $247.00 and set an “equal weight” rating on the stock in a research note on Wednesday, February 25th. Bank of America raised their target price on shares of International Business Machines from $315.00 to $335.00 and gave the stock a “buy” rating in a research report on Tuesday, January 13th. Finally, Erste Group Bank downgraded International Business Machines from a “buy” rating to a “hold” rating in a report on Wednesday, February 18th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $314.60.

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.