Capital World Investors Raises Stock Holdings in International Business Machines Corporation $IBM

Capital World Investors lifted its holdings in International Business Machines Corporation (NYSE:IBM) by 29.2% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 22,021,912 shares of the technology company’s stock after purchasing an additional 4,976,756 shares during the period. International Business Machines comprises approximately 0.9% of Capital World Investors’ portfolio, making the stock its 26th largest holding. Capital World Investors’ holdings in International Business Machines were worth $6,523,720,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Capital Research Global Investors raised its holdings in shares of International Business Machines by 0.7% in the fourth quarter. Capital Research Global Investors now owns 110,704 shares of the technology company’s stock worth $32,792,000 after buying an additional 769 shares during the period. Capital International Sarl raised its holdings in shares of International Business Machines by 15.2% in the fourth quarter. Capital International Sarl now owns 62,000 shares of the technology company’s stock worth $18,365,000 after buying an additional 8,196 shares during the period. Capital International Ltd. CA raised its holdings in shares of International Business Machines by 2.3% in the fourth quarter. Capital International Ltd. CA now owns 25,660 shares of the technology company’s stock worth $7,601,000 after buying an additional 589 shares during the period. Capital International Inc. CA raised its holdings in shares of International Business Machines by 51.0% in the fourth quarter. Capital International Inc. CA now owns 165,744 shares of the technology company’s stock worth $49,095,000 after buying an additional 55,971 shares during the period. Finally, Capital Group Investment Management PTE. LTD. raised its holdings in shares of International Business Machines by 6.5% in the fourth quarter. Capital Group Investment Management PTE. LTD. now owns 5,808 shares of the technology company’s stock worth $1,720,000 after buying an additional 356 shares during the period. 58.96% of the stock is currently owned by hedge funds and other institutional investors.

International Business Machines Trading Down 5.5%

Shares of NYSE:IBM opened at $285.06 on Friday. International Business Machines Corporation has a 12-month low of $212.34 and a 12-month high of $332.46. The business’s fifty day simple moving average is $246.48 and its 200-day simple moving average is $270.94. The company has a market capitalization of $267.93 billion, a PE ratio of 25.20, a P/E/G ratio of 2.95 and a beta of 0.67. The company has a current ratio of 0.80, a quick ratio of 0.76 and a debt-to-equity ratio of 1.75.

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

International Business Machines Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Friday, May 8th will be given a $1.69 dividend. This represents a $6.76 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Friday, May 8th. This is a positive change from International Business Machines’s previous quarterly dividend of $1.68. International Business Machines’s payout ratio is 59.77%.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on IBM. BMO Capital Markets reduced their price target on International Business Machines from $290.00 to $270.00 and set a “market perform” rating on the stock in a report on Thursday, April 23rd. JPMorgan Chase & Co. dropped their price objective on International Business Machines from $317.00 to $283.00 and set a “neutral” rating on the stock in a research note on Wednesday, March 18th. Morgan Stanley increased their price objective on International Business Machines from $215.00 to $225.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 23rd. Royal Bank Of Canada reissued an “outperform” rating on shares of International Business Machines in a research note on Thursday, May 28th. Finally, Roth Mkm reissued a “buy” rating on shares of International Business Machines in a research note on Wednesday. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $304.17.

Trending Headlines about International Business Machines

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

• Positive Sentiment: Wedbush reportedly reset its IBM price target, citing stronger AI momentum and continued demand for IBM’s enterprise software and consulting offerings.
• Positive Sentiment: IBM’s new strategic partnership with Google Cloud to scale enterprise AI adoption is being seen as a meaningful growth driver, with the deal aimed at helping customers modernize systems and bring AI into production faster. IBM and Google Cloud Announce Strategic Partnership to Scale AI with Human Expertise and AI‑Powered Delivery
• Positive Sentiment: Several market commentary pieces highlighted IBM’s large quantum-computing investment as a long-term catalyst, with some analysts saying the company is strengthening its position in an emerging high-growth market. IBM Stock’s $10 Billion Quantum Catalyst Is Here
• Positive Sentiment: Citi also pointed to IBM’s growing role in quantum computing, reinforcing the view that the company’s heavy spending could secure a leadership position in a market with major future upside.
• Neutral Sentiment: IBM shares were included in broader market coverage of stocks making big moves, reflecting elevated trading interest but not adding a clearly new company-specific catalyst.
• Negative Sentiment: A former IBM cybersecurity executive accused the company of covering up multiple foreign-government data breaches over the past decade, raising potential reputational and legal risks. Former cyber executive turned whistleblower accuses IBM of covering up several data breaches
• Negative Sentiment: Another report repeated allegations that IBM and AT&T concealed foreign hacks, which could weigh on investor sentiment if the claims gain traction.

International Business Machines Company 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.