International Business Machines Corporation $IBM Stake Increased by Viking Fund Management LLC

Viking Fund Management LLC increased its holdings in shares of International Business Machines Corporation (NYSE:IBM) by 10.0% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 55,000 shares of the technology company’s stock after purchasing an additional 5,000 shares during the quarter. Viking Fund Management LLC’s holdings in International Business Machines were worth $12,096,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Assetmark Inc. increased its holdings in International Business Machines by 24.8% in the 1st quarter. Assetmark Inc. now owns 64,458 shares of the technology company’s stock valued at $15,624,000 after purchasing an additional 12,791 shares in the last quarter. Flputnam Investment Management Co. purchased a new position in International Business Machines in the second quarter valued at about $15,237,000. Beacon Investment Advisory Services Inc. lifted its stake in shares of International Business Machines by 939.4% during the second quarter. Beacon Investment Advisory Services Inc. now owns 30,495 shares of the technology company’s stock worth $8,575,000 after purchasing an additional 27,561 shares in the last quarter. St. Louis Financial Planners Asset Management LLC lifted its stake in shares of International Business Machines by 34.6% during the second quarter. St. Louis Financial Planners Asset Management LLC now owns 14,234 shares of the technology company’s stock worth $4,121,000 after purchasing an additional 3,659 shares in the last quarter. Finally, Evercore Wealth Management LLC boosted its position in shares of International Business Machines by 9.0% in the first quarter. Evercore Wealth Management LLC now owns 62,801 shares of the technology company’s stock worth $15,222,000 after buying an additional 5,196 shares during the period. Institutional investors and hedge funds own 58.96% of the company’s stock.

Key International Business Machines News

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

• Positive Sentiment: Siemens nanostack collaboration: Siemens will contribute electronic design automation, process simulation and manufacturing expertise to help IBM develop its angstrom-scale nanostack transistor architecture. The partnership could strengthen IBM’s long-term semiconductor innovation and commercialization prospects. IBM and Siemens Collaborate on Research to Advance Nanostack Architecture
• Positive Sentiment: RBC maintains bullish view: Royal Bank of Canada reaffirmed its “Outperform” rating and assigned a $270 price target, implying meaningful upside from recent levels. This offers a positive counterpoint to IBM’s recent underperformance. IBM Stock Rating Reaffirmed as Outperform by Royal Bank Of Canada
• Neutral Sentiment: AI governance research: IBM reported that 80% of surveyed EMEA executives had escalated an AI-related incident to their board or C-suite, while only 37% said their governance systems were designed to scale with autonomous AI agents. The findings highlight strong potential demand for IBM’s AI governance and security services, but also underscore growing implementation and reputational risks. IBM Study on AI Incidents and Governance
• Negative Sentiment: Earnings test approaching: Analysts expect growth in IBM’s next report, but commentary points to competition, margin pressure and a premium valuation as obstacles to a significant earnings beat. Investors will be watching AI, hybrid-cloud demand and guidance closely. IBM Stock Before Q3 Earnings Release
• Negative Sentiment: Cash-flow quality questioned: IBM’s first-half operating cash flow rose to $7.77 billion, but nearly all of the improvement came from changes in financing receivables. Investors may remain cautious until software and consulting generate more sustainable operating-cash growth. IBM Customer Financing and Cash Recovery

Insiders Place Their Bets

In other International Business Machines news, SVP Robert Thomas sold 25,000 shares of the stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $230.32, for a total transaction of $5,758,000.00. Following the transaction, the senior vice president owned 47,800 shares of the company’s stock, valued at $11,009,296. This trade represents a 34.34% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.27% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

IBM has been the subject of a number of recent research reports. Truist Financial assumed coverage on International Business Machines in a research note on Friday, October 9th. They issued a “hold” rating and a $240.00 target price for the company. Robert W. Baird initiated coverage on International Business Machines in a report on Tuesday, July 21st. They set a “neutral” rating and a $230.00 target price on the stock. Barclays reduced their price target on International Business Machines from $288.00 to $262.00 and set an “overweight” rating on the stock in a research report on Thursday, July 23rd. Weiss Ratings raised International Business Machines from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday. Finally, Evercore decreased their price target on International Business Machines from $310.00 to $250.00 and set an “outperform” rating for the company in a report on Thursday, July 16th. Nineteen equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, International Business Machines has a consensus rating of “Moderate Buy” and an average target price of $252.96.

International Business Machines Trading Down 1.0%

NYSE IBM opened at $228.40 on Thursday. International Business Machines Corporation has a 12 month low of $199.19 and a 12 month high of $332.46. The company has a debt-to-equity ratio of 1.63, a current ratio of 0.79 and a quick ratio of 0.74. The company has a market capitalization of $215.18 billion, a price-to-earnings ratio of 20.27, a price-to-earnings-growth ratio of 2.20 and a beta of 0.73. The company’s fifty day moving average price is $232.07 and its two-hundred day moving average price is $243.68.

International Business Machines (NYSE:IBM) last announced its quarterly earnings data on Wednesday, July 22nd. The technology company reported $2.93 earnings per share for the quarter, hitting the consensus estimate of $2.93. The company had revenue of $17.16 billion during the quarter, compared to analyst estimates of $17.46 billion. International Business Machines had a net margin of 15.52% and a return on equity of 35.65%. The firm’s revenue for the quarter was up 1.1% compared to the same quarter last year. During the same period last year, the business earned $2.80 EPS. As a group, research analysts predict that International Business Machines Corporation will post 12.33 earnings per share for the current fiscal year.

International Business Machines Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Monday, August 10th were given a dividend of $1.69 per share. The ex-dividend date of this dividend was Monday, August 10th. This represents a $6.76 annualized dividend and a dividend yield of 3.0%. International Business Machines’s dividend payout ratio (DPR) is presently 59.98%.

International Business Machines Profile

International Business Machines Corporation (NYSE:IBM), commonly known as IBM, is a global technology company that provides hybrid cloud, artificial intelligence, software, consulting and infrastructure solutions. Its offerings help businesses and government organizations manage data, modernize applications, automate processes and improve cybersecurity.

IBM’s portfolio includes the Red Hat hybrid cloud platform, the watsonx suite of artificial intelligence and data tools, consulting services, and enterprise software for areas such as automation, application management, security and asset management.