Lynx Investment Advisory Has $857,000 Stock Position in International Business Machines Corporation $IBM

Lynx Investment Advisory decreased its stake in International Business Machines Corporation (NYSE:IBM) by 2.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,447 shares of the technology company’s stock after selling 102 shares during the period. Lynx Investment Advisory’s holdings in International Business Machines were worth $857,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of IBM. GAMMA Investing LLC grew its stake in shares of International Business Machines by 29,564.2% in the first quarter. GAMMA Investing LLC now owns 4,399,790 shares of the technology company’s stock worth $10,940,520,000 after acquiring an additional 4,384,958 shares during the last quarter. GQG Partners LLC acquired a new stake in shares of International Business Machines in the first quarter worth $1,040,057,000. Nuveen LLC acquired a new stake in shares of International Business Machines in the first quarter worth $960,386,000. Vanguard Group Inc. grew its stake in shares of International Business Machines by 1.4% in the first quarter. Vanguard Group Inc. now owns 93,137,767 shares of the technology company’s stock worth $23,159,637,000 after acquiring an additional 1,298,515 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD boosted its stake in International Business Machines by 41.6% during the first quarter. Price T Rowe Associates Inc. MD now owns 3,164,987 shares of the technology company’s stock worth $787,007,000 after buying an additional 930,448 shares in the last quarter. Institutional investors and hedge funds own 58.96% of the company’s stock.

Analyst Upgrades and Downgrades

IBM has been the topic of a number of recent research reports. Erste Group Bank downgraded shares of International Business Machines from a “buy” rating to a “hold” rating in a research note on Thursday, August 14th. UBS Group lifted their price target on shares of International Business Machines from $195.00 to $200.00 and gave the stock a “sell” rating in a research note on Thursday, July 24th. Wall Street Zen upgraded shares of International Business Machines from a “hold” rating to a “buy” rating in a research note on Saturday, July 26th. JPMorgan Chase & Co. lifted their price target on shares of International Business Machines from $244.00 to $290.00 and gave the stock a “neutral” rating in a research note on Thursday, July 24th. Finally, Royal Bank Of Canada lifted their price target on shares of International Business Machines from $285.00 to $315.00 and gave the stock an “outperform” rating in a research note on Thursday, July 17th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, International Business Machines presently has an average rating of “Hold” and an average price target of $270.67.

International Business Machines Stock Up 0.1%

Shares of NYSE IBM opened at $257.01 on Friday. The stock has a market cap of $238.87 billion, a PE ratio of 41.72, a PEG ratio of 3.96 and a beta of 0.71. The business has a fifty day moving average of $258.35 and a two-hundred day moving average of $256.95. International Business Machines Corporation has a 52-week low of $203.51 and a 52-week high of $296.16. The company has a debt-to-equity ratio of 2.00, a quick ratio of 0.87 and a current ratio of 0.91.

International Business Machines (NYSE:IBM) last issued its quarterly earnings data on Wednesday, July 23rd. The technology company reported $2.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.65 by $0.15. The company had revenue of $16.98 billion during the quarter, compared to analysts’ expectations of $16.58 billion. International Business Machines had a return on equity of 37.62% and a net margin of 9.11%.The business’s revenue was up 7.7% on a year-over-year basis. During the same period last year, the business earned $2.43 earnings per share. International Business Machines has set its FY 2025 guidance at EPS. As a group, equities research analysts expect that International Business Machines Corporation will post 10.78 earnings per share for the current fiscal year.

International Business Machines Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 10th. Shareholders of record on Friday, August 8th were issued a dividend of $1.68 per share. The ex-dividend date of this dividend was Friday, August 8th. This represents a $6.72 dividend on an annualized basis and a dividend yield of 2.6%. International Business Machines’s dividend payout ratio (DPR) is presently 109.09%.

About International Business Machines

International Business Machines Corporation, together with its subsidiaries, provides integrated solutions and services worldwide. The company operates through Software, Consulting, Infrastructure, and Financing segments. The Software segment offers a hybrid cloud and AI platforms that allows clients to realize their digital and AI transformations across the applications, data, and environments in which they operate.