Crawford Investment Counsel Inc. Has $20.22 Million Stock Holdings in International Business Machines Corporation $IBM

Crawford Investment Counsel Inc. cut its stake in International Business Machines Corporation (NYSE:IBM) by 3.3% during the fourth quarter, HoldingsChannel reports. The fund owned 68,277 shares of the technology company’s stock after selling 2,294 shares during the quarter. Crawford Investment Counsel Inc.’s holdings in International Business Machines were worth $20,224,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Kemnay Advisory Services Inc. bought a new stake in International Business Machines in the fourth quarter worth $110,000. Arthur M. Cohen & Associates LLC boosted its holdings in International Business Machines by 60.2% in the fourth quarter. Arthur M. Cohen & Associates LLC now owns 5,335 shares of the technology company’s stock worth $1,580,000 after purchasing an additional 2,004 shares in the last quarter. &PARTNERS boosted its holdings in International Business Machines by 31.7% in the fourth quarter. &PARTNERS now owns 216,937 shares of the technology company’s stock worth $64,254,000 after purchasing an additional 52,262 shares in the last quarter. Siemens Fonds Invest GmbH boosted its holdings in International Business Machines by 9.1% in the fourth quarter. Siemens Fonds Invest GmbH now owns 26,023 shares of the technology company’s stock worth $7,860,000 after purchasing an additional 2,176 shares in the last quarter. Finally, Blair William & Co. IL boosted its holdings in International Business Machines by 2.5% in the fourth quarter. Blair William & Co. IL now owns 471,447 shares of the technology company’s stock worth $139,647,000 after purchasing an additional 11,707 shares in the last quarter. 58.96% of the stock is owned by institutional investors and hedge funds.

More International Business Machines News

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

• Positive Sentiment: IBM and Cirata announced an OEM partnership for the next generation of Big Replicate, aimed at removing petabyte-scale AI data bottlenecks and improving governance for large enterprise AI workflows. IBM Launches Big Replicate With Cirata To Tackle AI Data Bottlenecks
• Positive Sentiment: Apptio, which IBM owns, unveiled new AI-powered capabilities to help customers turn technology spending into measurable business outcomes, reinforcing IBM’s AI and hybrid-cloud monetization story. Apptio Unveils Conversational Insights and New Suite of AI-Powered Capabilities
• Positive Sentiment: Several recent commentary pieces and rating upgrades argue IBM has room for multiple expansion, with one article saying the stock could be materially below fair value as the AI narrative builds. IBM Stock Could Be 22.4% Below Fair Value as AI Narrative Builds
• Positive Sentiment: Analysts cited IBM’s recent selloff as a potential buying opportunity, with commentary noting the shares have pulled back from earlier highs while fundamentals remain supportive. Buy, Hold, or Sell: IBM Just Shed 16% Is It a Clear Buy at 268?
• Neutral Sentiment: IBM shares have been volatile recently, with a one-day decline reported in prior coverage before today’s rebound, suggesting traders are still weighing valuation against execution on AI growth. IBM Stock Sinks As Market Gains: Here’s Why
• Negative Sentiment: The $17 million DOJ settlement referenced in recent coverage is a governance overhang, though it appears more notable for compliance optics than for direct financial impact. IBM’s $17 million DOJ settlement makes the case for civility

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the stock. Citigroup upped their price objective on shares of International Business Machines from $285.00 to $375.00 and gave the stock a “buy” rating in a report on Tuesday, June 2nd. Barclays assumed coverage on shares of International Business Machines in a report on Monday, June 1st. They issued an “overweight” rating and a $350.00 price objective for the company. Weiss Ratings upgraded shares of International Business Machines from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, June 9th. Oppenheimer decreased their price objective on shares of International Business Machines from $380.00 to $320.00 and set an “outperform” rating for the company in a report on Thursday, April 16th. Finally, Wall Street Zen cut shares of International Business Machines from a “hold” rating to a “sell” rating in a report on Saturday. One research 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.com, International Business Machines currently has an average rating of “Moderate Buy” and a consensus target price of $304.17.

International Business Machines Stock Up 0.7%

IBM stock opened at $270.66 on Wednesday. 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 company has a 50-day moving average of $250.88 and a two-hundred day moving average of $269.61. The stock has a market capitalization of $254.39 billion, a price-to-earnings ratio of 23.93, a price-to-earnings-growth ratio of 2.79 and a beta of 0.67.

International Business Machines (NYSE:IBM) last released its quarterly earnings results on Wednesday, April 22nd. The technology company reported $1.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.81 by $0.10. International Business Machines had a net margin of 15.61% and a return on equity of 37.23%. The company had revenue of $15.92 billion during the quarter, compared to analysts’ expectations of $15.60 billion. During the same period in the prior year, the company earned $1.60 earnings per share. The business’s quarterly revenue was up 9.5% compared to the same quarter last year. As a group, equities research analysts anticipate that International Business Machines Corporation will post 12.38 EPS for the current year.

International Business Machines Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Friday, May 8th were issued a dividend of $1.69 per share. This represents a $6.76 dividend on an annualized basis and a yield of 2.5%. This is a positive change from International Business Machines’s previous quarterly dividend of $1.68. The ex-dividend date was Friday, May 8th. International Business Machines’s dividend payout ratio is currently 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.