Strs Ohio Decreases Stock Holdings in International Business Machines Corporation $IBM

Strs Ohio reduced its position in International Business Machines Corporation (NYSE:IBM) by 5.8% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 198,553 shares of the technology company’s stock after selling 12,289 shares during the period. Strs Ohio’s holdings in International Business Machines were worth $48,127,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of IBM. Boston Trust Walden Corp lifted its position in International Business Machines by 2.3% during the first quarter. Boston Trust Walden Corp now owns 3,285 shares of the technology company’s stock valued at $796,000 after acquiring an additional 75 shares during the last quarter. Seamount Financial Group Inc. increased its position in shares of International Business Machines by 0.5% during the first quarter. Seamount Financial Group Inc. now owns 9,830 shares of the technology company’s stock worth $2,383,000 after purchasing an additional 50 shares in the last quarter. Smithbridge Asset Management Inc. DE acquired a new position in shares of International Business Machines during the first quarter worth $294,000. Reliant Investment Management LLC lifted its holdings in shares of International Business Machines by 4.4% during the 1st quarter. Reliant Investment Management LLC now owns 24,238 shares of the technology company’s stock valued at $5,875,000 after purchasing an additional 1,019 shares during the last quarter. Finally, Root Financial Partners LLC boosted its position in shares of International Business Machines by 31.7% in the 1st quarter. Root Financial Partners LLC now owns 2,666 shares of the technology company’s stock worth $646,000 after purchasing an additional 641 shares in 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 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 Price Performance

NYSE IBM opened at $288.95 on Friday. The company 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. The stock’s fifty day moving average price is $256.25 and its 200 day moving average price is $266.20. International Business Machines Corporation has a 1 year low of $212.34 and a 1 year high of $332.46.

International Business Machines (NYSE:IBM) last issued its quarterly earnings results on Wednesday, April 22nd. The technology company reported $1.91 EPS for the quarter, topping analysts’ consensus estimates of $1.81 by $0.10. The company had revenue of $15.92 billion during 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 firm’s revenue was up 9.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.60 EPS. As a group, equities research analysts forecast that International Business Machines Corporation will post 12.4 earnings per share for the current year.

International Business Machines Increases Dividend

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

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the company. Stifel Nicolaus set a $290.00 target price on International Business Machines in a research note on Friday, May 22nd. Oppenheimer lowered their price target on International Business Machines from $380.00 to $320.00 and set an “outperform” rating for the company in a report on Thursday, April 16th. Roth Mkm restated a “buy” rating on shares of International Business Machines in a research note on Wednesday, June 3rd. KeyCorp downgraded shares of International Business Machines to a “sector weight” rating in a 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 research report on Wednesday, June 24th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat, International Business Machines currently has a consensus rating of “Moderate Buy” and a consensus target price of $306.76.

About International Business Machines

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.