Deutsche Bank AG Has $1.16 Billion Stock Holdings in International Business Machines Corporation $IBM

Deutsche Bank AG lifted its holdings in International Business Machines Corporation (NYSE:IBM) by 8.6% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 3,919,493 shares of the technology company’s stock after acquiring an additional 310,047 shares during the quarter. Deutsche Bank AG’s holdings in International Business Machines were worth $1,160,993,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Family CFO Inc acquired a new stake in shares of International Business Machines in the fourth quarter worth $25,000. Basepoint Wealth LLC acquired a new stake in shares of International Business Machines in the fourth quarter worth $25,000. Joseph Group Capital Management acquired a new stake in shares of International Business Machines in the fourth quarter worth $28,000. SWAN Capital LLC acquired a new stake in shares of International Business Machines in the third quarter worth $28,000. Finally, DecisionPoint Financial LLC boosted its position in shares of International Business Machines by 1,666.7% in the fourth quarter. DecisionPoint Financial LLC now owns 106 shares of the technology company’s stock worth $31,000 after buying an additional 100 shares during the period. Institutional investors and hedge funds own 58.96% of the company’s stock.

International Business Machines Price Performance

Shares of NYSE:IBM opened at $277.22 on Wednesday. International Business Machines Corporation has a fifty-two week low of $212.34 and a fifty-two week high of $332.46. The business has a 50-day moving average of $248.08 and a two-hundred day moving average of $270.61. The stock has a market capitalization of $260.55 billion, a P/E ratio of 24.51, a P/E/G ratio of 2.91 and a beta of 0.67. 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 announced its quarterly earnings results on Wednesday, April 22nd. The technology company reported $1.91 earnings per share for the quarter, topping 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 company had revenue of $15.92 billion during the quarter, compared to analysts’ expectations of $15.60 billion. During the same quarter in the previous year, the firm earned $1.60 earnings per share. The business’s quarterly revenue was up 9.5% compared to the same quarter last year. On average, equities research analysts predict that International Business Machines Corporation will post 12.4 EPS 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 paid a $1.69 dividend. The ex-dividend date is Friday, May 8th. This is a boost from International Business Machines’s previous quarterly dividend of $1.68. This represents a $6.76 dividend on an annualized basis and a dividend yield of 2.4%. International Business Machines’s dividend payout ratio is presently 59.77%.

Key Stories Impacting International Business Machines

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

• Positive Sentiment: IBM CEO Arvind Krishna highlighted the company’s quantum-computing ambitions, AI strategy, and potential government support, reinforcing the idea that IBM could benefit from long-duration demand in advanced computing. IBM CEO Krishna on Quantum Advantage, Profit Strategy
• Positive Sentiment: IBM expanded its AI training and upskilling efforts, including new learning pathways and student programs, which may help strengthen its enterprise AI ecosystem and future consulting demand. IBM AI Upskilling Push Tests Long Term Growth Story For Investors
• Positive Sentiment: IBM’s new AI partnership with Google Cloud was framed as a multi-billion-dollar opportunity, potentially boosting consulting revenue and enterprise adoption of IBM’s AI tools. As IBM Unlocks a ‘Multi-Billion-Dollar Opportunity’ With Google, The Stock Is a Buy
• Neutral Sentiment: Commentary from analysts and investors remained constructive on IBM’s durable software and infrastructure cash flow, but these pieces were more opinion-driven than new fundamental disclosures. Wall Street Is Missing the Bigger Picture: Why This Legacy Tech Stalwart Is a Screaming Buy Right Now
• Negative Sentiment: IBM’s stock has also faced some pressure after the company committed more than $10 billion to quantum computing over five years, raising questions about near-term returns and capital allocation. IBM Stock Slides as Company Bets $10 Billion on Quantum Computing
• Negative Sentiment: IBM also drew attention to AI governance concerns in a new study showing many enterprise leaders are not fully prepared to control AI deployments, which could temper enthusiasm around its AI growth story. New IBM Study Finds CIOs and CTOs Face Growing AI Control Gap as Enterprise Deployment Scales

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. DZ Bank raised International Business Machines from a “hold” rating to a “buy” rating and set a $295.00 price objective for the company in a research report on Friday, April 24th. Needham & Company LLC began coverage on shares of International Business Machines in a research report on Wednesday, June 3rd. They issued a “buy” rating for the company. Citigroup boosted their target price on shares of International Business Machines from $285.00 to $375.00 and gave the stock a “buy” rating in a research report on Tuesday, June 2nd. Jefferies Financial Group reduced their price target on International Business Machines from $370.00 to $320.00 and set a “buy” rating for the company in a research report on Monday, April 20th. Finally, Roth Mkm reaffirmed a “buy” rating on shares of International Business Machines in a research report on Wednesday, June 3rd. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently 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.