Oath Planning LLC purchased a new position in International Business Machines Corporation (NYSE:IBM – Free Report) during the fourth quarter, Holdings Channel.com reports. The firm purchased 2,388 shares of the technology company’s stock, valued at approximately $707,000. International Business Machines accounts for approximately 0.7% of Oath Planning LLC’s portfolio, making the stock its 25th largest position.
Other institutional investors have also recently bought and sold shares of the company. Family CFO Inc purchased a new position in International Business Machines in the 4th quarter worth about $25,000. Basepoint Wealth LLC purchased a new position in International Business Machines in the 4th quarter worth about $25,000. Joseph Group Capital Management purchased a new position in International Business Machines in the 4th quarter worth about $28,000. SWAN Capital LLC purchased a new position in International Business Machines in the 3rd quarter worth about $28,000. Finally, DecisionPoint Financial LLC increased its stake in International Business Machines by 1,666.7% in the 4th quarter. DecisionPoint Financial LLC now owns 106 shares of the technology company’s stock worth $31,000 after purchasing an additional 100 shares in the last quarter. Hedge funds and other institutional investors own 58.96% of the company’s stock.
International Business Machines Stock Up 1.0%
Shares of International Business Machines stock opened at $275.03 on Friday. The firm has a market cap of $258.50 billion, a price-to-earnings ratio of 24.32, a P/E/G ratio of 2.82 and a beta of 0.67. 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 Corporation has a 52-week low of $212.34 and a 52-week high of $332.46. The stock has a 50-day simple moving average of $249.46 and a 200-day simple moving average of $270.33.
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 issued a dividend of $1.69 per share. The ex-dividend date was Friday, May 8th. This represents a $6.76 annualized dividend and a dividend yield of 2.5%. This is a positive change from International Business Machines’s previous quarterly dividend of $1.68. International Business Machines’s dividend payout ratio is presently 59.77%.
Key International Business Machines News
Here are the key news stories impacting International Business Machines this week:
- Positive Sentiment: IBM announced a multi-year partnership with ServiceNow to help modernize legacy IT systems and speed enterprise AI deployment, with the companies aiming to broaden adoption by the second half of 2026. IBM (IBM) and ServiceNow (NOW) Unite to Accelerate Enterprise AI Deployment
- Positive Sentiment: IBM and JA Worldwide expanded their global collaboration through IBM SkillsBuild, targeting AI and digital-skills training for up to one million high-school students, which supports IBM’s brand and long-term workforce-development strategy. JA Worldwide and IBM Expand Global Collaboration with Goal of Delivering AI and Digital Skills to Up to One Million High-School Students
- Positive Sentiment: Commentary from Jim Cramer and other market coverage highlighted IBM as a more practical way to play the quantum-computing theme, which may be drawing speculative and institutional interest into the stock. Jim Cramer Recommends IBM Over Xanadu Quantum
- Neutral Sentiment: Technology stocks were broadly stronger late Thursday, helping support IBM alongside the sector. Sector Update: Tech Stocks Gain Late Afternoon
- Neutral Sentiment: Erste Group Bank slightly reduced its FY2027 EPS estimate for IBM to $13.41 from $13.46, but kept a Hold rating and the change was small, so it is unlikely to be a major driver. Analyst estimate update for International Business Machines
- Neutral Sentiment: Ongoing commentary around quantum computing and AI infrastructure keeps IBM in the market narrative, but some analyst comparisons suggest other AI names may offer faster growth, tempering enthusiasm. Celestica vs. IBM: Which AI Infrastructure Stock is the Better Buy?
Wall Street Analyst Weigh In
IBM has been the topic of a number of analyst reports. Jefferies Financial Group dropped their price target on International Business Machines from $370.00 to $320.00 and set a “buy” rating on the stock in a research note on Monday, April 20th. JPMorgan Chase & Co. decreased their price objective on International Business Machines from $317.00 to $283.00 and set a “neutral” rating for the company in a research report on Wednesday, March 18th. Roth Mkm restated a “buy” rating on shares of International Business Machines in a research report on Wednesday, June 3rd. Morgan Stanley raised their price objective on International Business Machines from $215.00 to $225.00 and gave the stock an “equal weight” rating in a research report on Thursday, April 23rd. Finally, Citigroup raised their price objective on International Business Machines from $285.00 to $375.00 and gave the stock a “buy” rating in a research report on Tuesday, June 2nd. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, International Business Machines currently has an average rating of “Moderate Buy” and an average price target of $304.17.
View Our Latest Stock Report on IBM
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.
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