Applied Finance Capital Management LLC Boosts Stock Position in International Business Machines Corporation $IBM

Applied Finance Capital Management LLC grew its position in International Business Machines Corporation (NYSE:IBM) by 2.3% during the fourth quarter, HoldingsChannel.com reports. The firm owned 117,968 shares of the technology company’s stock after buying an additional 2,663 shares during the quarter. International Business Machines accounts for approximately 2.5% of Applied Finance Capital Management LLC’s investment portfolio, making the stock its 8th biggest holding. Applied Finance Capital Management LLC’s holdings in International Business Machines were worth $34,943,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. VIRGINIA RETIREMENT SYSTEMS ET Al raised its position in shares of International Business Machines by 424.6% in the 4th quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 260,740 shares of the technology company’s stock worth $77,234,000 after acquiring an additional 211,040 shares in the last quarter. Waverton Investment Management Ltd increased its position in International Business Machines by 3.3% in the 3rd quarter. Waverton Investment Management Ltd now owns 993,743 shares of the technology company’s stock valued at $280,439,000 after buying an additional 32,072 shares in the last quarter. Newbridge Financial Services Group Inc. increased its position in International Business Machines by 30.0% in the 4th quarter. Newbridge Financial Services Group Inc. now owns 13,122 shares of the technology company’s stock valued at $3,887,000 after buying an additional 3,029 shares in the last quarter. NEOS Investment Management LLC raised its stake in International Business Machines by 51.7% during the 3rd quarter. NEOS Investment Management LLC now owns 114,395 shares of the technology company’s stock worth $32,278,000 after buying an additional 38,973 shares during the period. Finally, Advisors Capital Management LLC raised its stake in International Business Machines by 3.8% during the 3rd quarter. Advisors Capital Management LLC now owns 347,155 shares of the technology company’s stock worth $97,953,000 after buying an additional 12,623 shares during the period. 58.96% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research analysts recently weighed in on IBM shares. Oppenheimer dropped their price target on International Business Machines from $380.00 to $320.00 and set an “outperform” rating on the stock in a research note on Thursday, April 16th. Argus set a $360.00 price target on International Business Machines in a research note on Friday, January 30th. Weiss Ratings downgraded International Business Machines from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, May 4th. Royal Bank Of Canada decreased their price objective on International Business Machines from $330.00 to $300.00 and set an “outperform” rating for the company in a report on Wednesday, May 6th. Finally, HSBC raised International Business Machines from a “reduce” rating to a “hold” rating and boosted their price objective for the stock from $218.00 to $231.00 in a report on Tuesday, April 28th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $294.41.

International Business Machines Trading Up 0.5%

NYSE:IBM opened at $219.56 on Friday. The company has a market cap of $206.37 billion, a P/E ratio of 19.41, a P/E/G ratio of 2.26 and a beta of 0.58. The stock’s fifty day moving average price is $240.49 and its two-hundred day moving average price is $275.05. International Business Machines Corporation has a 1 year low of $212.34 and a 1 year high of $324.90. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.80 and a quick ratio of 0.76.

International Business Machines (NYSE:IBM) last posted its earnings results on Wednesday, April 22nd. The technology company reported $1.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.81 by $0.10. The firm had revenue of $15.92 billion for the quarter, compared to the consensus estimate of $15.60 billion. International Business Machines had a return on equity of 37.23% and a net margin of 15.61%.The business’s quarterly revenue was up 9.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.60 earnings per share. As a group, analysts expect that International Business Machines Corporation will post 12.4 EPS for the current year.

International Business Machines Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Friday, May 8th will be issued a $1.69 dividend. The ex-dividend date of this dividend is Friday, May 8th. This is an increase from International Business Machines’s previous quarterly dividend of $1.68. This represents a $6.76 annualized dividend and a dividend yield of 3.1%. International Business Machines’s payout ratio is currently 59.77%.

Insider Buying and Selling at International Business Machines

In other news, Director Michael Miebach purchased 434 shares of the firm’s stock in a transaction dated Wednesday, February 25th. The shares were purchased at an average price of $233.33 per share, with a total value of $101,265.22. Following the completion of the acquisition, the director owned 434 shares in the company, valued at $101,265.22. This trade represents a ∞ increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 0.27% of the company’s stock.

Key International Business Machines News

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

• Positive Sentiment: IBM introduced new cloud services — Red Hat AI Inference and OpenShift Virtualization — aimed at speeding enterprise AI adoption and secure virtual workload deployment, reinforcing its growth narrative in AI and cloud. IBM’s New AI Units And Services Reshape Enterprise Consulting Story
• Positive Sentiment: IBM is rolling out a new delivery model for consulting that uses senior-led teams and AI agents to turn enterprise strategy into execution faster, which could support services revenue and margins. A New Way to Make AI Actually Work in the Real World
• Positive Sentiment: OnQ said it has integrated IBM AS/400 systems into its Converge platform, a partnership that highlights IBM’s continued relevance in retail infrastructure and real-time inventory applications. OnQ Integrates IBM AS/400 into its Converge Platform, Bringing Real-Time Inventory to In-Store Retail Experiences
• Neutral Sentiment: One article said IBM shareholders may not see immediate upside after the Think 2026 event, even though analyst price targets still imply meaningful longer-term potential. No Upside For International Business Machines (IBM) Shareholders Post IBM Think 2026 Event
• Neutral Sentiment: Several recent writeups are mainly valuation and recovery discussions, noting IBM remains well below prior highs and may be attractive to long-term investors, but they do not point to a clear near-term catalyst. IBM: The Business Improved Faster Than Many Investors Realize
• Negative Sentiment: Some market commentary continues to frame IBM as a stock that has pulled back significantly from recent highs, which can weigh on sentiment despite the company’s operational progress. Catching Falling Knives: Is It Time to Buy These Beaten-Down Stocks?

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.