Y Intercept Hong Kong Ltd Purchases 33,607 Shares of International Business Machines Corporation $IBM

Y Intercept Hong Kong Ltd increased its position in International Business Machines Corporation (NYSE:IBM) by 506.1% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 40,248 shares of the technology company’s stock after acquiring an additional 33,607 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in International Business Machines were worth $9,756,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in IBM. Family CFO Inc bought a new stake in International Business Machines during the 4th quarter worth approximately $25,000. Basepoint Wealth LLC bought a new position in shares of International Business Machines during the fourth quarter valued at $25,000. Portus Wealth Advisors LLC acquired a new position in shares of International Business Machines during the first quarter worth $26,000. Joseph Group Capital Management acquired a new position in shares of International Business Machines during the fourth quarter worth $28,000. Finally, Cornerstone Financial Management LLC bought a new stake in shares of International Business Machines in the fourth quarter worth $28,000. Institutional investors own 58.96% of the company’s stock.

International Business Machines Stock Up 0.9%

Shares of International Business Machines stock opened at $288.95 on Friday. The stock’s 50-day moving average is $256.25 and its 200 day moving average is $266.20. International Business Machines Corporation has a one year low of $212.34 and a one year high of $332.46. The firm has a market cap of $271.58 billion, a price-to-earnings ratio of 25.55, a PEG ratio of 2.96 and a beta of 0.68. 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 (NYSE:IBM) last issued its earnings results on Wednesday, April 22nd. The technology company reported $1.91 earnings per share for the quarter, topping analysts’ consensus estimates of $1.81 by $0.10. International Business Machines had a return on equity of 37.23% and a net margin of 15.61%.The business had revenue of $15.92 billion during the quarter, compared to the consensus estimate of $15.60 billion. During the same period in the previous year, the company posted $1.60 earnings per share. The firm’s revenue for the quarter was up 9.5% on a year-over-year basis. Equities research analysts anticipate that International Business Machines Corporation will post 12.4 EPS for the current year.

International Business Machines Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Friday, May 8th were given a dividend of $1.69 per share. This represents a $6.76 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date was Friday, May 8th. This is a boost from International Business Machines’s previous quarterly dividend of $1.68. International Business Machines’s dividend payout ratio is presently 59.77%.

Wall Street Analyst Weigh In

Several research analysts have commented on IBM shares. Wall Street Zen raised International Business Machines from a “sell” rating to a “hold” rating in a report on Sunday, June 21st. HSBC raised International Business Machines from a “reduce” rating to a “hold” rating and lifted their price objective for the stock from $218.00 to $231.00 in a research note on Tuesday, April 28th. Morgan Stanley upgraded International Business Machines from an “equal weight” rating to an “overweight” rating in a report on Tuesday, June 23rd. Piper Sandler raised shares of International Business Machines to an “overweight” rating in a research report on Tuesday, June 23rd. Finally, Weiss Ratings lowered shares of International Business Machines from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, June 24th. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, International Business Machines has a consensus rating of “Moderate Buy” and an average target price of $306.76.

More International Business Machines News

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

• Positive Sentiment: IBM unveiled what was described as the world’s first 0.7-nanometer semiconductor technology, reinforcing its innovation story and potentially strengthening long-term confidence in its engineering leadership.
• Positive Sentiment: Analysts continue to point to IBM’s improving earnings outlook, with articles noting its strong history of beating estimates and suggesting another earnings beat could be ahead.
• Positive Sentiment: IBM’s hybrid cloud, AI demand, and quantum computing initiatives are still being viewed as key growth catalysts, which may help offset concerns that the stock has lagged the industry over the past three months.
• Neutral Sentiment: IBM hired Stagwell to refresh its global brand and campaign strategy, a move aimed at better aligning marketing with its AI, cloud, and quantum messaging.
• Neutral Sentiment: Coverage around IBM’s quantum computing bet remains mixed: bullish long-term commentary is being balanced by warnings that the technology still carries meaningful execution risk.
• Neutral Sentiment: A separate note from Trefis highlighted a wide range of possible outcomes for IBM, underscoring that the market is still debating the stock’s next chapter and valuation.
• Negative Sentiment: One article warned that IBM is lagging its industry recently and faces competitive pressure from Anthropic’s COBOL modernization efforts, which could weigh on sentiment if investors see it as a threat to legacy services.
• Negative Sentiment: Commentary on AI automation also noted that some companies, including IBM, have had to rehire workers after AI-driven cuts fell short, which may temper enthusiasm around near-term AI productivity gains.

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.