OFI Invest Asset Management Has $3.72 Million Stock Holdings in International Business Machines Corporation $IBM

OFI Invest Asset Management lessened its holdings in shares of International Business Machines Corporation (NYSE:IBM) by 92.5% in the second quarter, Holdings Channel.com reports. The fund owned 13,758 shares of the technology company’s stock after selling 169,583 shares during the quarter. OFI Invest Asset Management’s holdings in International Business Machines were worth $3,719,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the stock. Norges Bank acquired a new position in shares of International Business Machines during the 4th quarter worth about $2,446,429,000. Capital World Investors grew its holdings in International Business Machines by 29.2% during the fourth quarter. Capital World Investors now owns 22,021,912 shares of the technology company’s stock valued at $6,523,720,000 after purchasing an additional 4,976,756 shares during the period. Price T Rowe Associates Inc. MD raised its holdings in International Business Machines by 83.4% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 5,617,117 shares of the technology company’s stock worth $1,663,847,000 after purchasing an additional 2,553,552 shares during the period. Corient Private Wealth LLC grew its holdings in shares of International Business Machines by 359.6% in the 4th quarter. Corient Private Wealth LLC now owns 1,896,675 shares of the technology company’s stock valued at $561,814,000 after buying an additional 1,484,026 shares during the period. Finally, Vanguard Group Inc. increased its position in shares of International Business Machines by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 97,216,131 shares of the technology company’s stock valued at $28,796,390,000 after buying an additional 1,439,824 shares in the last quarter. 58.96% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on IBM. BMO Capital Markets decreased their target price on International Business Machines from $270.00 to $230.00 and set a “market perform” rating for the company in a research note on Thursday, July 23rd. Morgan Stanley cut their price target on shares of International Business Machines from $293.00 to $190.00 and set an “equal weight” rating on the stock in a research note on Thursday, July 23rd. Bank of America raised their price objective on shares of International Business Machines from $315.00 to $330.00 and gave the stock a “buy” rating in a report on Monday, July 6th. Roth Capital reaffirmed a “buy” rating on shares of International Business Machines in a research note on Wednesday, June 3rd. Finally, Wall Street Zen lowered International Business Machines from a “hold” rating to a “sell” rating in a report on Saturday, July 18th. Fifteen equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $265.40.

International Business Machines Stock Down 2.5%

International Business Machines stock opened at $228.53 on Tuesday. The company has a current ratio of 0.79, a quick ratio of 0.74 and a debt-to-equity ratio of 1.63. International Business Machines Corporation has a 1-year low of $199.19 and a 1-year high of $332.46. The company has a fifty day simple moving average of $250.33 and a 200 day simple moving average of $252.43. The company has a market cap of $215.31 billion, a P/E ratio of 20.28, a price-to-earnings-growth ratio of 2.30 and a beta of 0.70.

International Business Machines (NYSE:IBM) last issued its quarterly earnings results on Wednesday, July 22nd. The technology company reported $2.93 EPS for the quarter, hitting the consensus estimate 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 net margin of 15.52% and a return on equity of 35.65%. The company’s revenue for the quarter was up 1.1% on a year-over-year basis. During the same period in the previous year, the firm posted $2.80 EPS. Research analysts anticipate that International Business Machines Corporation will post 12.33 earnings per share for the current fiscal year.

International Business Machines Announces Dividend

The business also recently declared 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. The ex-dividend date of this dividend is Monday, August 10th. This represents a $6.76 annualized dividend and a yield of 3.0%. International Business Machines’s dividend payout ratio is 59.98%.

International Business Machines News Roundup

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

• Positive Sentiment: AI growth strategy remains a potential catalyst. Coverage highlights IBM’s efforts to compete in the enterprise AI market, including a strategic move in the Nvidia-focused AI race. Broader demand for agentic AI could support IBM’s consulting, software and hybrid-cloud businesses. IBM Makes Surprise Move in Nvidia AI Race
• Positive Sentiment: Commercial and government demand provides support. Arrow Electronics expanded its IBM distribution agreement to seven additional European countries, potentially broadening IBM’s channel reach. Quiver Quantitative also reported approximately $1.15 billion in IBM government-contract award payments over the past year. Arrow Electronics adds seven countries to distribution coverage with IBM
• Positive Sentiment: Several market indicators remain constructive. IBM insiders made two open-market purchases and no sales during the past six months. Institutional activity was mixed but included sizable additions by JPMorgan, Sixth Street Partners, Wellington Management, FMR and Bank of New York Mellon. The median analyst price target of $310 is also well above the recent trading level, although targets are not guarantees. IBM stock data and analyst targets
• Neutral Sentiment: Valuation-focused investors see both opportunity and risk. One analysis argues IBM’s AI and recurring-revenue strengths are attractive after the stock moved well below its 52-week high, while noting that the company recently reported one of its weakest mainframe quarters in years. IBM’s Strengths Are The Reason to Buy Today
• Negative Sentiment: Legal overhang is adding to selling pressure. Bleichmar Fonti & Auld announced an investigation into potential securities fraud following IBM’s reported Z mainframe-product slowdown and a significant stock decline. The investigation is only an allegation at this stage, but it increases uncertainty around management disclosures and IBM’s near-term outlook. IBM Securities Fraud Investigation

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.