Intellectus Partners LLC Lowers Position in International Business Machines Corporation $IBM

Intellectus Partners LLC lessened its holdings in International Business Machines Corporation (NYSE:IBM) by 43.9% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 3,087 shares of the technology company’s stock after selling 2,419 shares during the quarter. Intellectus Partners LLC’s holdings in International Business Machines were worth $914,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in IBM. Family CFO Inc purchased a new stake in shares of International Business Machines in the fourth quarter worth $25,000. Basepoint Wealth LLC purchased a new stake in shares of International Business Machines in the fourth quarter worth $25,000. Joseph Group Capital Management purchased a new stake in shares of International Business Machines in the fourth quarter worth $28,000. SWAN Capital LLC bought a new position in International Business Machines in the third quarter valued at $28,000. Finally, DecisionPoint Financial LLC raised its position in International Business Machines by 1,666.7% during the fourth quarter. DecisionPoint Financial LLC now owns 106 shares of the technology company’s stock valued at $31,000 after purchasing an additional 100 shares in the last quarter. Hedge funds and other institutional investors own 58.96% of the company’s stock.

International Business Machines Trading Down 1.2%

NYSE IBM opened at $301.93 on Friday. The stock’s 50-day simple moving average is $245.61 and its two-hundred day simple moving average is $270.84. International Business Machines Corporation has a twelve month low of $212.34 and a twelve month high of $332.46. The company has a quick ratio of 0.76, a current ratio of 0.80 and a debt-to-equity ratio of 1.75. The company has a market capitalization of $283.78 billion, a price-to-earnings ratio of 26.70, a PEG ratio of 3.17 and a beta of 0.67.

International Business Machines (NYSE:IBM) last released its quarterly earnings data on Wednesday, April 22nd. The technology company reported $1.91 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 company’s quarterly revenue was up 9.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.60 earnings per share. Research analysts forecast that International Business Machines Corporation will post 12.4 EPS for the current fiscal year.

International Business Machines Increases Dividend

The business also recently disclosed 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. 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 2.2%. The ex-dividend date is Friday, May 8th. International Business Machines’s dividend payout ratio (DPR) is presently 59.77%.

International Business Machines News Roundup

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

• Positive Sentiment: IBM announced a strategic partnership with Google Cloud to scale enterprise AI adoption, launching a new Google Cloud practice that combines IBM Consulting, Gemini Enterprise tools, and IBM’s industry expertise. The move suggests a larger pipeline for AI consulting and cloud services. Article: IBM and Google Cloud Announce Strategic Partnership to Scale AI with Human Expertise and AI‑Powered Delivery
• Positive Sentiment: Analysts are turning more constructive, with Barclays initiating IBM at overweight and a $350 price target, which reinforced the view that the recent rally may still have room to run. Article: Barclays sets eye-catching IBM stock price target
• Positive Sentiment: IBM continues to build its quantum-computing narrative, with multiple reports highlighting its large-scale investment and bullish commentary from Citi and IBM management. Investors may view this as a long-term growth catalyst beyond traditional consulting and hardware. Article: IBM CEO sends strong message on quantum computing
• Neutral Sentiment: IBM also expanded its AI education and talent pipeline by launching the AI Builders Challenge for 20,000 post-secondary institutions, which supports future adoption but is less likely to move the stock immediately. Article: IBM Launches Global AI Builders Challenge With IBM Bob for University Students
• Neutral Sentiment: IBM and three.ws announced a partnership around AI-powered 3D workspaces, adding another enterprise AI use case, though the financial impact is still early-stage. Article: three.ws and IBM Announce Strategic Partnership to Advance AI-Powered 3D Agent Technology
• Negative Sentiment: A whistleblower report alleging IBM helped cover up foreign hacks is a headline risk, especially because the breach reportedly involved IBM cloud infrastructure used by parts of the U.S. government and military. That could raise concerns about security, reputation, and future government-related business. Article: IBM, AT&T accused by whistleblower of covering up foreign hacks

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. BMO Capital Markets lowered their price target on International Business Machines from $290.00 to $270.00 and set a “market perform” rating on the stock in a research report on Thursday, April 23rd. Wedbush set a $350.00 price target on International Business Machines in a research report on Tuesday. JPMorgan Chase & Co. lowered their price target on International Business Machines from $317.00 to $283.00 and set a “neutral” rating on the stock in a research report on Wednesday, March 18th. Stifel Nicolaus set a $290.00 price target on International Business Machines in a research report on Friday, May 22nd. Finally, Jefferies Financial Group lowered their price target on International Business Machines from $370.00 to $320.00 and set a “buy” rating on the stock in a research report on Monday, April 20th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $304.17.

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.