Integrated Investment Consultants LLC Raises Stock Position in International Business Machines Corporation $IBM

Integrated Investment Consultants LLC boosted its stake in shares of International Business Machines Corporation (NYSE:IBM) by 108.6% in the fourth quarter, HoldingsChannel.com reports. The fund owned 12,246 shares of the technology company’s stock after purchasing an additional 6,375 shares during the period. Integrated Investment Consultants LLC’s holdings in International Business Machines were worth $3,627,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Family CFO Inc acquired a new position in shares of International Business Machines during the 4th quarter worth about $25,000. Basepoint Wealth LLC purchased a new position in International Business Machines in the 4th quarter valued at about $25,000. Joseph Group Capital Management acquired a new stake in International Business Machines in the 4th quarter worth about $28,000. Cornerstone Financial Management LLC acquired a new stake in International Business Machines in the 4th quarter worth about $28,000. Finally, SWAN Capital LLC purchased a new stake in International Business Machines during the 3rd quarter worth approximately $28,000. Institutional investors and hedge funds own 58.96% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on IBM. HSBC raised International Business Machines from a “reduce” rating to a “hold” rating and increased their target price for the company from $218.00 to $231.00 in a report on Tuesday, April 28th. Jefferies Financial Group dropped their price target on International Business Machines from $370.00 to $320.00 and set a “buy” rating for the company in a research report on Monday, April 20th. Wedbush set a $350.00 price objective on International Business Machines in a research note on Tuesday, June 2nd. Stifel Nicolaus set a $290.00 price objective on International Business Machines in a report on Friday, May 22nd. Finally, Roth Mkm reaffirmed a “buy” rating on shares of International Business Machines in a research note on Wednesday, June 3rd. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $304.17.

International Business Machines Trading Up 0.2%

Shares of IBM opened at $249.72 on Friday. International Business Machines Corporation has a 12-month low of $212.34 and a 12-month high of $332.46. The firm has a market capitalization of $234.71 billion, a P/E ratio of 22.08, a P/E/G ratio of 2.58 and a beta of 0.67. The firm has a 50-day moving average price of $251.46 and a 200 day moving average price of $268.77. The company has a current ratio of 0.80, a quick ratio of 0.76 and a debt-to-equity ratio of 1.75.

International Business Machines (NYSE:IBM) last issued its earnings results on Wednesday, April 22nd. The technology company reported $1.91 EPS for the quarter, topping analysts’ consensus estimates of $1.81 by $0.10. The company had revenue of $15.92 billion for the quarter, compared to the consensus estimate of $15.60 billion. International Business Machines had a net margin of 15.61% and a return on equity of 37.23%. International Business Machines’s quarterly revenue was up 9.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.60 earnings per share. Sell-side analysts forecast 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. 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 dividend on an annualized basis and a dividend yield of 2.7%. This is an increase from International Business Machines’s previous quarterly dividend of $1.68. International Business Machines’s payout ratio is 59.77%.

Key Stories Impacting International Business Machines

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

• Positive Sentiment: IBM continued to expand its enterprise software footprint, including a successful IBM Maximo SaaS migration for a major Asia-Pacific resort operator, which highlights demand for its cloud and asset-management offerings. Sedin Technologies Completes IBM Maximo Application Suite SaaS Migration for Major Asia-Pacific Resort Operator Across Five Properties
• Positive Sentiment: IBM was also mentioned as a partner in ServiceNow’s expanding AI governance ecosystem, suggesting ongoing relevance in enterprise AI and workflow modernization initiatives. Is ServiceNow (NOW) Quietly Becoming the Core Orchestrator of Enterprise AI Governance?
• Neutral Sentiment: IBM unveiled new Z platform security tools, including zSecure Detection and Secret Manager, reinforcing its mainframe security story, but the announcement did not outweigh broader selling pressure. IBM (IBM) Stock Drops Over 5% as New Mainframe Security Suite Launches
• Negative Sentiment: IBM’s stock is being weighed down by a sector-wide read-through from Accenture’s revenue warning, which renewed concerns about demand in IT services ahead of IBM’s July 22 earnings report. Here’s why the IBM stock is falling after the Accenture earnings
• Negative Sentiment: Additional articles noted IBM’s sharp retreat as investors rotated out of IT services names after Accenture cut guidance, adding to recent downside momentum in the shares. Why Is IBM Stock Declining On Thursday?

International Business Machines 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.