Nationale Nederlanden Powszechne Towarzystwo Emerytalne S.A. Has $5.54 Million Stake in International Business Machines Corporation $IBM

Nationale Nederlanden Powszechne Towarzystwo Emerytalne S.A. boosted its holdings in International Business Machines Corporation (NYSE:IBM) by 1.4% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 18,796 shares of the technology company’s stock after acquiring an additional 263 shares during the quarter. Nationale Nederlanden Powszechne Towarzystwo Emerytalne S.A.’s holdings in International Business Machines were worth $5,541,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Brighton Jones LLC increased its position in shares of International Business Machines by 12.4% during the fourth quarter. Brighton Jones LLC now owns 21,011 shares of the technology company’s stock worth $4,619,000 after acquiring an additional 2,323 shares in the last quarter. GAMMA Investing LLC boosted its stake in International Business Machines by 19.3% during the 1st quarter. GAMMA Investing LLC now owns 17,694 shares of the technology company’s stock valued at $4,400,000 after purchasing an additional 2,862 shares during the last quarter. Twin Peaks Wealth Advisors LLC bought a new stake in International Business Machines during the 1st quarter worth approximately $228,000. West Branch Capital LLC raised its stake in shares of International Business Machines by 92.0% in the first quarter. West Branch Capital LLC now owns 4,426 shares of the technology company’s stock worth $1,101,000 after purchasing an additional 2,121 shares during the last quarter. Finally, Tudor Financial Inc. lifted its holdings in shares of International Business Machines by 46.6% in the first quarter. Tudor Financial Inc. now owns 2,307 shares of the technology company’s stock valued at $574,000 after purchasing an additional 733 shares in the last quarter. Institutional investors and hedge funds own 58.96% of the company’s stock.

International Business Machines Stock Performance

NYSE IBM opened at $278.09 on Friday. The company has a market capitalization of $258.45 billion, a PE ratio of 45.14, a price-to-earnings-growth ratio of 4.28 and a beta of 0.73. 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 Corporation has a 52-week low of $203.51 and a 52-week high of $301.04. The company has a 50-day simple moving average of $258.19 and a 200 day simple moving average of $260.68.

International Business Machines (NYSE:IBM) last released its earnings results on Wednesday, July 23rd. The technology company reported $2.80 earnings per share for the quarter, beating analysts’ consensus estimates of $2.65 by $0.15. The firm had revenue of $16.98 billion during the quarter, compared to the consensus estimate of $16.58 billion. International Business Machines had a net margin of 9.11% and a return on equity of 37.62%. The company’s revenue was up 7.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.43 EPS. International Business Machines has set its FY 2025 guidance at EPS. On average, research analysts predict that International Business Machines Corporation will post 10.78 EPS for the current year.

International Business Machines Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 10th. Shareholders of record on Friday, August 8th were paid a $1.68 dividend. The ex-dividend date was Friday, August 8th. This represents a $6.72 annualized dividend and a dividend yield of 2.4%. International Business Machines’s payout ratio is presently 109.09%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. Sanford C. Bernstein started coverage on International Business Machines in a report on Monday, September 15th. They set a “market perform” rating and a $280.00 price target for the company. Melius Research upgraded shares of International Business Machines to a “strong-buy” rating in a research note on Monday, July 7th. Weiss Ratings reissued a “hold (c+)” rating on shares of International Business Machines in a research report on Wednesday. Stifel Nicolaus upped their price objective on shares of International Business Machines from $290.00 to $310.00 and gave the stock a “buy” rating in a research report on Wednesday, July 16th. Finally, Wedbush lifted their target price on shares of International Business Machines from $300.00 to $325.00 and gave the stock an “outperform” rating in a research report on Friday, June 20th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $284.62.

International Business Machines Company Profile

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.