MidFirst Bank purchased a new stake in shares of International Business Machines Corporation (NYSE:IBM – Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 10,838 shares of the technology company’s stock, valued at approximately $3,210,000.
Several other institutional investors have also recently made changes to their positions in IBM. Basepoint Wealth LLC bought a new position in International Business Machines in the fourth quarter worth approximately $25,000. Family CFO Inc purchased a new position in shares of International Business Machines during the 4th quarter worth $25,000. Joseph Group Capital Management bought a new stake in shares of International Business Machines during the 4th quarter valued at $28,000. Cornerstone Financial Management LLC bought a new stake in shares of International Business Machines during the 4th quarter valued at $28,000. Finally, SWAN Capital LLC purchased a new stake in shares of International Business Machines in the 3rd quarter worth $28,000. Institutional investors own 58.96% of the company’s stock.
International Business Machines Stock Down 4.8%
Shares of IBM stock opened at $249.72 on Friday. 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 one year low of $212.34 and a one year high of $332.46. The company’s fifty day moving average price is $251.29 and its 200-day moving average price is $268.90. The company has a market capitalization of $234.71 billion, a price-to-earnings ratio of 22.08, a PEG ratio of 2.72 and a beta of 0.67.
International Business Machines Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 8th were paid a $1.69 dividend. This represents a $6.76 dividend on an annualized basis and a dividend yield of 2.7%. This is a positive change from International Business Machines’s previous quarterly dividend of $1.68. The ex-dividend date of this dividend was Friday, May 8th. International Business Machines’s dividend payout ratio is currently 59.77%.
Analyst Upgrades and Downgrades
IBM has been the topic of a number of recent research reports. Jefferies Financial Group decreased their target price on International Business Machines from $370.00 to $320.00 and set a “buy” rating on the stock in a report on Monday, April 20th. Weiss Ratings upgraded International Business Machines from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, June 9th. Royal Bank Of Canada restated an “outperform” rating on shares of International Business Machines in a research report on Thursday, May 28th. DZ Bank raised International Business Machines from a “hold” rating to a “buy” rating and set a $295.00 price objective on the stock in a research note on Friday, April 24th. Finally, Needham & Company LLC assumed coverage on International Business Machines in a research note on Wednesday, June 3rd. They set a “buy” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $304.17.
International Business Machines News Roundup
Here are the key news stories impacting International Business Machines this week:
- Negative Sentiment: IBM shares fell after Accenture narrowed its fiscal 2026 sales guidance, sparking concern that enterprise IT spending and services demand could be softer across the sector.
- Negative Sentiment: Market commentary said IBM stock remained under pressure intraday as traders reacted to the peer warning, with the move extending a recent downtrend in the shares.
- Neutral Sentiment: IBM also released a study highlighting rising AI dependencies and sovereignty risks for enterprises, which reinforces IBM’s positioning in AI governance but is not an immediate earnings catalyst.
- Neutral Sentiment: Reuters reported IBM executives discussing Europe’s push for tech sovereignty at the G7 and VivaTech, underscoring IBM’s relevance in AI and cloud infrastructure discussions, though this is more strategic than market-moving today.
- Positive Sentiment: Separately, IBM Maximo Application Suite was used in a successful SaaS migration for a major Asia-Pacific resort operator, showing continued enterprise adoption of IBM software. Sedin Technologies Completes IBM Maximo Application Suite SaaS Migration for Major Asia-Pacific Resort Operator Across Five Properties
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.
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