Round Rock Advisors LLC Trims Stake in International Business Machines Corporation $IBM

Round Rock Advisors LLC reduced its position in International Business Machines Corporation (NYSE:IBM) by 15.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,423 shares of the technology company’s stock after selling 2,375 shares during the quarter. International Business Machines makes up about 0.6% of Round Rock Advisors LLC’s investment portfolio, making the stock its 25th largest holding. Round Rock Advisors LLC’s holdings in International Business Machines were worth $3,976,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of IBM. Brighton Jones LLC boosted its position in shares of International Business Machines by 12.4% in the fourth quarter. Brighton Jones LLC now owns 21,011 shares of the technology company’s stock worth $4,619,000 after purchasing an additional 2,323 shares during the period. Sivia Capital Partners LLC boosted its position in shares of International Business Machines by 10.6% in the second quarter. Sivia Capital Partners LLC now owns 1,938 shares of the technology company’s stock worth $571,000 after purchasing an additional 186 shares during the period. Jump Financial LLC bought a new position in shares of International Business Machines in the second quarter worth approximately $211,000. Ieq Capital LLC boosted its position in shares of International Business Machines by 2.2% in the second quarter. Ieq Capital LLC now owns 38,617 shares of the technology company’s stock worth $11,383,000 after purchasing an additional 843 shares during the period. Finally, Vivaldi Capital Management LP boosted its position in shares of International Business Machines by 11.6% in the second quarter. Vivaldi Capital Management LP now owns 1,017 shares of the technology company’s stock worth $300,000 after purchasing an additional 106 shares during the period. 58.96% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other International Business Machines news, Director David N. Farr purchased 1,000 shares of the firm’s stock in a transaction that occurred on Friday, January 30th. The shares were bought at an average price of $304.00 per share, with a total value of $304,000.00. Following the completion of the purchase, the director directly owned 9,258 shares in the company, valued at $2,814,432. This trade represents a 12.11% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Michael Miebach purchased 434 shares of the firm’s stock in a transaction that occurred on Wednesday, February 25th. The shares were acquired at an average cost of $233.33 per share, for a total transaction of $101,265.22. Following the purchase, the director owned 434 shares of the company’s stock, valued at $101,265.22. This represents a ? increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders have purchased 1,484 shares of company stock worth $417,157. 0.27% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on IBM shares. Weiss Ratings restated a “buy (b)” rating on shares of International Business Machines in a research report on Thursday, January 22nd. Evercore upped their target price on shares of International Business Machines from $330.00 to $345.00 and gave the stock an “outperform” rating in a research report on Thursday, January 29th. JPMorgan Chase & Co. dropped their target price on shares of International Business Machines from $317.00 to $283.00 and set a “neutral” rating for the company in a research report on Wednesday, March 18th. Royal Bank Of Canada dropped their target price on shares of International Business Machines from $361.00 to $330.00 and set an “outperform” rating for the company in a research report on Friday. Finally, Erste Group Bank lowered shares of International Business Machines from a “buy” rating to a “hold” rating in a research report on Wednesday, February 18th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $298.81.

International Business Machines Price Performance

International Business Machines stock opened at $253.56 on Tuesday. The company has a market cap of $237.85 billion, a price-to-earnings ratio of 22.74, a PEG ratio of 2.65 and a beta of 0.69. The firm’s fifty day moving average is $248.17 and its 200 day moving average is $281.65. The company has a quick ratio of 0.92, a current ratio of 0.96 and a debt-to-equity ratio of 1.67. International Business Machines Corporation has a 52-week low of $220.72 and a 52-week high of $324.90.

International Business Machines (NYSE:IBM) last released its quarterly earnings results on Wednesday, January 28th. The technology company reported $4.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.33 by $0.19. The company had revenue of $19.69 billion for the quarter, compared to the consensus estimate of $19.23 billion. International Business Machines had a net margin of 15.69% and a return on equity of 38.15%. International Business Machines’s revenue was up 12.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $3.92 earnings per share. Sell-side analysts forecast that International Business Machines Corporation will post 12.35 EPS for the current fiscal year.

International Business Machines Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Tuesday, February 10th were paid a dividend of $1.68 per share. The ex-dividend date of this dividend was Tuesday, February 10th. This represents a $6.72 dividend on an annualized basis and a yield of 2.7%. International Business Machines’s dividend payout ratio is presently 60.27%.

International Business Machines News Roundup

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

• Positive Sentiment: IBM announced an expanded quantum?centric supercomputing collaboration with the University of Illinois, introduced an AI?native “AS2” systems design and rolled out new cybersecurity services to defend against AI?enabled threats — moves that strengthen IBM’s differentiated AI/quantum and security revenue opportunities. IBM Expands Quantum AI And Security Push As Investors Weigh Rewards
• Positive Sentiment: Several Wall Street notes are bullish ahead of earnings: Evercore ISI moved IBM to “Tactical Outperform” (keeping a high $345 target) and Jefferies highlights software as the upside driver — both expect a Q1 beat and potential revenue/guide improvement. IBM Earnings On Deck Amid AI Software Risk Debate. Here’s What Wall Street Is Saying. IBM seen reporting steady first quarter growth, software segment offers upside: Jefferies
• Positive Sentiment: Industry coverage (Zacks and others) is labeling IBM a top AI?quantum hyperscaler with meaningful upside (analysts cite up to ~38% in some writeups) as hyperscalers invest in AI/quantum infrastructure. That narrative supports a re-rating if execution continues. The Zacks Analyst Blog Microsoft, Alphabet, International Business Machines, Amazon and NVIDIA
• Neutral Sentiment: Earnings are the immediate catalyst — IBM reports after the close this week. Street attention is on software growth (watsonx, Sovereign Core, Confluent-related drivers) and consulting order trends; results or guide beats could push the stock higher, misses would reverse optimism. IBM (IBM) Reports Earnings Tomorrow: What To Expect
• Negative Sentiment: Analyst commentary also flags an AI?software risk debate — investors are split on how quickly AI software monetization will scale and how that affects near?term revenue growth; this introduces downside risk if software deals or guidance disappoint. IBM Earnings On Deck Amid AI Software Risk Debate. Here’s What Wall Street Is Saying.
• Negative Sentiment: Market memory of a poorly received prior quarter still lingers — while some commentators (e.g., Jim Cramer) defend the company, that sentiment can amplify downside if the upcoming report falls short. Jim Cramer Says “You Like Quantum? IBM”

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.