Vertrix Wealth Management LLC Sells 2,173 Shares of International Business Machines Corporation $IBM

Vertrix Wealth Management LLC decreased its holdings in shares of International Business Machines Corporation (NYSE:IBM) by 14.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 13,194 shares of the technology company’s stock after selling 2,173 shares during the period. Vertrix Wealth Management LLC’s holdings in International Business Machines were worth $3,710,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in IBM. McGowan Group Asset Management Inc. boosted its stake in International Business Machines by 1.2% during the 4th quarter. McGowan Group Asset Management Inc. now owns 2,693 shares of the technology company’s stock valued at $798,000 after purchasing an additional 33 shares during the last quarter. Exencial Wealth Advisors LLC raised its stake in shares of International Business Machines by 0.4% in the fourth quarter. Exencial Wealth Advisors LLC now owns 7,874 shares of the technology company’s stock worth $2,332,000 after purchasing an additional 34 shares during the last quarter. Prasad Wealth Partners LLC lifted its holdings in shares of International Business Machines by 1.0% in the fourth quarter. Prasad Wealth Partners LLC now owns 3,604 shares of the technology company’s stock valued at $1,068,000 after purchasing an additional 35 shares in the last quarter. Orca Wealth Management LLC lifted its holdings in shares of International Business Machines by 3.7% in the fourth quarter. Orca Wealth Management LLC now owns 975 shares of the technology company’s stock valued at $285,000 after purchasing an additional 35 shares in the last quarter. Finally, TFR Capital LLC. boosted its position in shares of International Business Machines by 3.3% during the fourth quarter. TFR Capital LLC. now owns 1,128 shares of the technology company’s stock valued at $334,000 after buying an additional 36 shares during the last quarter. Institutional investors and hedge funds own 58.96% of the company’s stock.

International Business Machines Stock Performance

Shares of International Business Machines stock opened at $237.08 on Monday. The business’s fifty day simple moving average is $258.59 and its 200 day simple moving average is $254.94. The company has a current ratio of 0.79, a quick ratio of 0.74 and a debt-to-equity ratio of 1.63. International Business Machines Corporation has a 12 month low of $199.19 and a 12 month high of $332.46. The firm has a market capitalization of $223.36 billion, a P/E ratio of 21.04, a price-to-earnings-growth ratio of 2.33 and a beta of 0.70.

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

International Business Machines Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Monday, August 10th will be given a dividend of $1.69 per share. The ex-dividend date is Monday, August 10th. This represents a $6.76 annualized dividend and a yield of 2.9%. International Business Machines’s dividend payout ratio is presently 59.98%.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on IBM shares. Robert W. Baird assumed coverage on International Business Machines in a research report on Tuesday, July 21st. They issued a “neutral” rating and a $230.00 price target for the company. DZ Bank raised shares of International Business Machines from a “hold” rating to a “buy” rating and set a $295.00 price objective on the stock in a report on Friday, April 24th. Wall Street Zen lowered shares of International Business Machines from a “hold” rating to a “sell” rating in a research note on Saturday, July 18th. Roth Capital reiterated a “buy” rating on shares of International Business Machines in a report on Wednesday, June 3rd. Finally, Jefferies Financial Group dropped their price target on shares of International Business Machines from $320.00 to $260.00 and set a “buy” rating on the stock in a research report on Tuesday, July 21st. Fifteen investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $265.40.

More International Business Machines News

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

• Positive Sentiment: IBM previewed Apptio AI Value & ROI, a tool designed to track AI spending—including token costs—and connect it with business outcomes. The offering could help enterprises justify AI investments and strengthen IBM’s position in AI governance and FinOps software. IBM previews Apptio AI Value & ROI to track AI spend and results
• Positive Sentiment: IBM’s Maximo Application Suite as a Service received FedRAMP Moderate authorization, allowing U.S. federal agencies to use its cloud-based asset-management tools in regulated environments. The approval may expand IBM’s government-cloud opportunity and provide a credibility boost for its software business. IBM Secures FedRAMP Moderate Authorization For Maximo
• Neutral Sentiment: Recent commentary describes IBM as a high-risk, mixed setup: software growth is strong, but declining mainframe sales and the aftermath of the earnings-related selloff could limit the rebound. Investors are weighing whether the recovery reflects value or unresolved operational risk. IBM’s Post-Collapse Rebound: A Complex Risk Reward Profile
• Negative Sentiment: Hagens Berman, Bleichmar Fonti & Auld, and Pomerantz announced investigations related to IBM’s reported financial disclosures and the severe post-earnings decline. These announcements do not establish wrongdoing, but they add legal uncertainty, reputational risk and potential shareholder-claim exposure. IBM Securities Fraud Investigation is Ongoing Pomerantz IBM investor investigation
• Negative Sentiment: Kyndryl reported ongoing IBM-related revenue declines, underscoring potential headwinds in legacy infrastructure and services. That weakness contrasts with IBM’s software momentum and may reinforce concerns about the company’s transition away from older businesses. Kyndryl earnings call highlights

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.