MFG Wealth Management Inc. Raises Stock Position in International Business Machines Corporation $IBM

MFG Wealth Management Inc. boosted its stake in International Business Machines Corporation (NYSE:IBM) by 80.7% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,182 shares of the technology company’s stock after purchasing an additional 6,779 shares during the period. International Business Machines comprises approximately 3.1% of MFG Wealth Management Inc.’s investment portfolio, making the stock its 2nd biggest position. MFG Wealth Management Inc.’s holdings in International Business Machines were worth $4,269,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of IBM. Family CFO Inc bought a new stake in shares of International Business Machines in the 4th quarter valued at about $25,000. Basepoint Wealth LLC bought a new position in shares of International Business Machines during the fourth quarter worth about $25,000. Portus Wealth Advisors LLC bought a new position in shares of International Business Machines during the first quarter worth about $26,000. Joseph Group Capital Management acquired a new position in shares of International Business Machines in the fourth quarter worth approximately $28,000. Finally, Cornerstone Financial Management LLC acquired a new position in shares of International Business Machines in the fourth quarter worth approximately $28,000. 58.96% of the stock is owned by institutional investors.

International Business Machines Trading Up 1.6%

Shares of IBM stock opened at $237.08 on Friday. The company has a market cap of $223.36 billion, a P/E ratio of 21.04, a PEG ratio of 2.29 and a beta of 0.70. The stock has a 50 day simple moving average of $258.59 and a two-hundred day simple moving average of $255.29. The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.74 and a current ratio of 0.79. International Business Machines Corporation has a fifty-two week low of $199.19 and a fifty-two week high of $332.46.

International Business Machines (NYSE:IBM) last posted its quarterly earnings results on Wednesday, July 22nd. The technology company reported $2.93 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $2.93. The firm had revenue of $17.16 billion for the quarter, compared to analysts’ expectations of $17.46 billion. International Business Machines had a return on equity of 35.65% and a net margin of 15.52%.The company’s revenue for the quarter was up 1.1% compared to the same quarter last year. During the same period in the prior year, the business earned $2.80 EPS. Research analysts forecast that International Business Machines Corporation will post 12.34 earnings per share for the current year.

International Business Machines Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Monday, August 10th will be given a dividend of $1.69 per share. This represents a $6.76 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date is Monday, August 10th. International Business Machines’s payout ratio is presently 59.98%.

Analyst Ratings Changes

A number of analysts have weighed in on IBM shares. KeyCorp downgraded shares of International Business Machines to a “sector weight” rating in a research report on Tuesday, June 23rd. Barclays dropped their price target on shares of International Business Machines from $288.00 to $262.00 and set an “overweight” rating on the stock in a research report on Thursday, July 23rd. Jefferies Financial Group decreased their price objective on shares of International Business Machines from $320.00 to $260.00 and set a “buy” rating for the company in a research report on Tuesday, July 21st. Needham & Company LLC assumed coverage on shares of International Business Machines in a research note on Wednesday, June 3rd. They set a “buy” rating for the company. Finally, Citigroup dropped their target price on shares of International Business Machines from $255.00 to $245.00 and set a “buy” rating on the stock in a report on Friday, July 24th. Fifteen research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $265.40.

More International Business Machines News

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

• Positive Sentiment: IBM previewed Apptio AI Value & ROI, a tool designed to track AI spending—including token costs—and connect it with business outcomes. The offering could help enterprises justify AI investments and strengthen IBM’s position in AI governance and FinOps software. IBM previews Apptio AI Value & ROI to track AI spend and results
• Positive Sentiment: IBM’s Maximo Application Suite as a Service received FedRAMP Moderate authorization, allowing U.S. federal agencies to use its cloud-based asset-management tools in regulated environments. The approval may expand IBM’s government-cloud opportunity and provide a credibility boost for its software business. IBM Secures FedRAMP Moderate Authorization For Maximo
• Neutral Sentiment: Recent commentary describes IBM as a high-risk, mixed setup: software growth is strong, but declining mainframe sales and the aftermath of the earnings-related selloff could limit the rebound. Investors are weighing whether the recovery reflects value or unresolved operational risk. IBM’s Post-Collapse Rebound: A Complex Risk Reward Profile
• Negative Sentiment: Hagens Berman, Bleichmar Fonti & Auld, and Pomerantz announced investigations related to IBM’s reported financial disclosures and the severe post-earnings decline. These announcements do not establish wrongdoing, but they add legal uncertainty, reputational risk and potential shareholder-claim exposure. IBM Securities Fraud Investigation is Ongoing Pomerantz IBM investor investigation
• Negative Sentiment: Kyndryl reported ongoing IBM-related revenue declines, underscoring potential headwinds in legacy infrastructure and services. That weakness contrasts with IBM’s software momentum and may reinforce concerns about the company’s transition away from older businesses. Kyndryl earnings call highlights

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.