Forty three Eighteen Advisors LLC Invests $2.06 Million in International Business Machines Corporation $IBM

Forty three Eighteen Advisors LLC bought a new position in International Business Machines Corporation (NYSE:IBM) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 6,964 shares of the technology company’s stock, valued at approximately $2,063,000. International Business Machines comprises about 1.6% of Forty three Eighteen Advisors LLC’s investment portfolio, making the stock its 17th biggest position.

Other hedge funds also recently bought and sold shares of the company. VIRGINIA RETIREMENT SYSTEMS ET Al lifted its stake in shares of International Business Machines by 424.6% in the 4th quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 260,740 shares of the technology company’s stock valued at $77,234,000 after purchasing an additional 211,040 shares during the period. GLOBALT Investments LLC GA grew its stake in International Business Machines by 19.1% in the fourth quarter. GLOBALT Investments LLC GA now owns 18,288 shares of the technology company’s stock worth $5,417,000 after purchasing an additional 2,930 shares during the period. Waverton Investment Management Ltd grew its stake in International Business Machines by 3.3% in the third quarter. Waverton Investment Management Ltd now owns 993,743 shares of the technology company’s stock worth $280,439,000 after purchasing an additional 32,072 shares during the period. Newbridge Financial Services Group Inc. raised its holdings in International Business Machines by 30.0% in the fourth quarter. Newbridge Financial Services Group Inc. now owns 13,122 shares of the technology company’s stock worth $3,887,000 after purchasing an additional 3,029 shares in the last quarter. Finally, Rice Partnership LLC bought a new position in International Business Machines in the fourth quarter worth $3,317,000. Hedge funds and other institutional investors own 58.96% 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 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 Trading Up 0.2%

International Business Machines stock 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 company has a market capitalization of $234.71 billion, a price-to-earnings ratio of 22.08, a price-to-earnings-growth ratio of 2.58 and a beta of 0.67. The business’s fifty day simple moving average is $251.46 and its two-hundred day simple moving average is $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 quarterly earnings results on Wednesday, April 22nd. The technology company reported $1.91 earnings per share for the quarter, beating the consensus estimate of $1.81 by $0.10. The firm had revenue of $15.92 billion during the quarter, compared to the consensus estimate of $15.60 billion. International Business Machines had a return on equity of 37.23% and a net margin of 15.61%.The company’s revenue was up 9.5% on a year-over-year basis. During the same period last year, the company earned $1.60 earnings per share. As a group, equities analysts predict that International Business Machines Corporation will post 12.38 earnings per share for the current fiscal year.

International Business Machines Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Friday, May 8th were paid 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 yield of 2.7%. This is an increase from International Business Machines’s previous quarterly dividend of $1.68. International Business Machines’s dividend payout ratio (DPR) is 59.77%.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on IBM shares. Wedbush set a $350.00 target price on shares of International Business Machines in a report on Tuesday, June 2nd. Needham & Company LLC assumed coverage on shares of International Business Machines in a research note on Wednesday, June 3rd. They issued a “buy” rating for the company. Morgan Stanley lifted their price target on shares of International Business Machines from $215.00 to $225.00 and gave the company an “equal weight” rating in a research report on Thursday, April 23rd. Royal Bank Of Canada reissued an “outperform” rating on shares of International Business Machines in a research note on Thursday, May 28th. Finally, DZ Bank upgraded shares of International Business Machines from a “hold” rating to a “buy” rating and set a $295.00 price objective on the stock in a report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $304.17.

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.