International Business Machines Corporation $IBM Stock: Prime Capital Investment Advisors LLC Increases Position

Prime Capital Investment Advisors LLC grew its stake in shares of International Business Machines Corporation (NYSE:IBM) by 17.5% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 42,958 shares of the technology company’s stock after purchasing an additional 6,395 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in International Business Machines were worth $9,448,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the company. Cypress Capital LLC increased its holdings in International Business Machines by 2.9% in the 3rd quarter. Cypress Capital LLC now owns 12,400 shares of the technology company’s stock worth $2,727,000 after buying an additional 345 shares during the period. Prentice Wealth Management LLC increased its holdings in International Business Machines by 13.3% in the third quarter. Prentice Wealth Management LLC now owns 7,270 shares of the technology company’s stock valued at $1,599,000 after buying an additional 853 shares in the last quarter. Lazari Capital Management Inc. increased its stake in shares of International Business Machines by 33.3% in the 3rd quarter. Lazari Capital Management Inc. now owns 1,734 shares of the technology company’s stock valued at $381,000 after purchasing an additional 433 shares in the last quarter. Investors Asset Management of Georgia Inc. GA ADV increased its position in shares of International Business Machines by 1.0% in the third quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 8,986 shares of the technology company’s stock valued at $1,976,000 after buying an additional 87 shares in the last quarter. Finally, Vestia Personal Wealth Advisors increased its holdings in International Business Machines by 33.4% in the 3rd quarter. Vestia Personal Wealth Advisors now owns 2,051 shares of the technology company’s stock worth $451,000 after acquiring an additional 513 shares in the last quarter. 58.96% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at International Business Machines

In other International Business Machines news, SVP Robert Thomas sold 25,000 shares of the firm’s stock in a transaction dated 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 approximately $11,009,296. This trade represents a 34.34% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.27% of the stock is owned by corporate insiders.

International Business Machines Price Performance

International Business Machines stock opened at $242.21 on Wednesday. The stock has a market cap of $228.19 billion, a P/E ratio of 21.49, a price-to-earnings-growth ratio of 2.27 and a beta of 0.73. The company has a current ratio of 0.79, a quick ratio of 0.74 and a debt-to-equity ratio of 1.63. The company has a fifty day simple moving average of $232.07 and a 200-day simple moving average of $243.58. International Business Machines Corporation has a 12-month low of $199.19 and a 12-month high of $332.46.

International Business Machines (NYSE:IBM) last released its quarterly earnings data on Wednesday, July 22nd. The technology company reported $2.93 earnings per share (EPS) for the quarter, hitting the consensus estimate of $2.93. The business had revenue of $17.16 billion during the quarter, compared to analysts’ expectations of $17.46 billion. International Business Machines had a return on equity of 35.65% and a net margin of 15.52%. The business’s quarterly revenue was up 1.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.80 EPS. Equities analysts expect that International Business Machines Corporation will post 12.34 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

IBM has been the subject of a number of research analyst reports. UBS Group reissued a “neutral” rating on shares of International Business Machines in a report on Tuesday, October 13th. Citic Securities lifted their target price on shares of International Business Machines from $294.00 to $297.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. Bank of America reduced their target price on International Business Machines from $330.00 to $280.00 and set a “buy” rating on the stock in a research report on Wednesday, July 15th. The Goldman Sachs Group set a $270.00 price objective on shares of International Business Machines and gave the stock a “buy” rating in a report on Thursday, July 23rd. Finally, JPMorgan Chase & Co. decreased their target price on International Business Machines from $291.00 to $250.00 and set an “overweight” rating on the stock in a research note on Friday, July 17th. Twenty investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, International Business Machines currently has an average rating of “Moderate Buy” and an average target price of $255.76.

International Business Machines News Roundup

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

• Positive Sentiment: Enterprise AI momentum: IBM Ventures invested in Leena AI, whose software automates HR, IT and finance processes through autonomous AI agents. The investment supports IBM’s broader effort to capture enterprise spending as customers move from AI assistants to end-to-end workflow automation. IBM Ventures Invests in Leena AI
• Positive Sentiment: Open-source AI infrastructure: IBM and partners including Red Hat, Google Cloud, CoreWeave and NVIDIA introduced llm-d 1.0, a production-focused platform designed to make large-language-model inference more scalable and cost efficient. The project could strengthen IBM’s position in hybrid cloud and enterprise AI deployments. llm-d 1.0 Advances Open, Cost-Efficient AI Inference
• Positive Sentiment: Software and cybersecurity support: Analysts point to IBM’s software division—particularly hybrid cloud, automation and Red Hat—as the company’s key growth and profit engine. IBM’s Logiq Consulting acquisition also expands its cybersecurity reach in the U.K. defense and regulated markets. IBM’s Logiq Consulting Acquisition
• Neutral Sentiment: Earnings are the immediate catalyst: Options markets imply a potentially large post-earnings move, while investors want evidence that delayed deals closed, software growth accelerated and management’s full-year outlook remains achievable. IBM Q3 Earnings Options Move
• Negative Sentiment: Execution concerns remain: IBM’s previous quarter missed revenue expectations, and software growth was reportedly driven largely by acquisitions while organic software revenue was flat. A weak outlook or continued deal deferrals could reverse the current optimism. IBM Reports October 21

International Business Machines Company Profile

International Business Machines Corporation (NYSE:IBM), commonly known as IBM, is a global technology and consulting company that helps organizations modernize their information technology and business operations. Its offerings include hybrid cloud solutions, artificial intelligence software and services, enterprise software, IT infrastructure, cybersecurity, data analytics, and technology consulting.

IBM provides products and services to businesses, governments, and other institutions across industries and regions worldwide.