Daiwa Securities Group Inc. Grows Stock Position in International Business Machines Corporation $IBM

Daiwa Securities Group Inc. lifted its stake in International Business Machines Corporation (NYSE:IBM) by 2.0% during the 4th quarter, Holdings Channel reports. The institutional investor owned 236,264 shares of the technology company’s stock after buying an additional 4,600 shares during the period. Daiwa Securities Group Inc.’s holdings in International Business Machines were worth $69,984,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of IBM. Brighton Jones LLC increased its holdings 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 buying an additional 2,323 shares during the period. Sivia Capital Partners LLC grew its stake 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 last quarter. Jump Financial LLC bought a new stake in shares of International Business Machines in the second quarter worth about $211,000. Ieq Capital LLC grew its stake 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 last quarter. Finally, Vivaldi Capital Management LP grew its stake 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 last quarter. Hedge funds and other institutional investors own 58.96% of the company’s stock.

More International Business Machines News

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

• Positive Sentiment: IBM announced a strategic partnership with Google Cloud to scale enterprise AI adoption, launching a new Google Cloud practice that combines IBM Consulting, Gemini Enterprise tools, and IBM’s industry expertise. The move suggests a larger pipeline for AI consulting and cloud services. Article: IBM and Google Cloud Announce Strategic Partnership to Scale AI with Human Expertise and AI?Powered Delivery
• Positive Sentiment: Analysts are turning more constructive, with Barclays initiating IBM at overweight and a $350 price target, which reinforced the view that the recent rally may still have room to run. Article: Barclays sets eye-catching IBM stock price target
• Positive Sentiment: IBM continues to build its quantum-computing narrative, with multiple reports highlighting its large-scale investment and bullish commentary from Citi and IBM management. Investors may view this as a long-term growth catalyst beyond traditional consulting and hardware. Article: IBM CEO sends strong message on quantum computing
• Neutral Sentiment: IBM also expanded its AI education and talent pipeline by launching the AI Builders Challenge for 20,000 post-secondary institutions, which supports future adoption but is less likely to move the stock immediately. Article: IBM Launches Global AI Builders Challenge With IBM Bob for University Students
• Neutral Sentiment: IBM and three.ws announced a partnership around AI-powered 3D workspaces, adding another enterprise AI use case, though the financial impact is still early-stage. Article: three.ws and IBM Announce Strategic Partnership to Advance AI-Powered 3D Agent Technology
• Negative Sentiment: A whistleblower report alleging IBM helped cover up foreign hacks is a headline risk, especially because the breach reportedly involved IBM cloud infrastructure used by parts of the U.S. government and military. That could raise concerns about security, reputation, and future government-related business. Article: IBM, AT&T accused by whistleblower of covering up foreign hacks

International Business Machines Stock Performance

International Business Machines stock opened at $301.93 on Friday. The stock’s 50 day simple moving average is $245.61 and its two-hundred day simple moving average is $270.84. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.76 and a current ratio of 0.80. The stock has a market cap of $283.78 billion, a price-to-earnings ratio of 26.70, a PEG ratio of 3.17 and a beta of 0.67. International Business Machines Corporation has a fifty-two week low of $212.34 and a fifty-two week high of $332.46.

International Business Machines (NYSE:IBM) last posted its quarterly earnings data 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 business had revenue of $15.92 billion for the quarter, compared to analysts’ expectations of $15.60 billion. International Business Machines had a return on equity of 37.23% and a net margin of 15.61%.The business’s revenue was up 9.5% on a year-over-year basis. During the same period in the previous year, the firm posted $1.60 EPS. As a group, analysts expect that International Business Machines Corporation will post 12.4 earnings per share for the current fiscal year.

International Business Machines Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Friday, May 8th will be given a dividend of $1.69 per share. This represents a $6.76 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Friday, May 8th. This is a positive change from International Business Machines’s previous quarterly dividend of $1.68. International Business Machines’s payout ratio is presently 59.77%.

Wall Street Analyst Weigh In

Several research firms recently issued reports on IBM. Stifel Nicolaus set a $290.00 target price on International Business Machines in a research note on Friday, May 22nd. Barclays began coverage on International Business Machines in a research note on Monday. They issued an “overweight” rating and a $350.00 target price on the stock. Needham & Company LLC began coverage on International Business Machines in a research note on Wednesday. They issued a “buy” rating on the stock. HSBC raised International Business Machines from a “reduce” rating to a “hold” rating and raised their target price for the stock from $218.00 to $231.00 in a research note on Tuesday, April 28th. Finally, Citigroup raised their target price on International Business Machines from $285.00 to $375.00 and gave the stock a “buy” rating in a research note on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat.com, International Business Machines currently has an average rating of “Moderate Buy” and an average price target of $304.17.

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.