Prudential PLC Sells 2,333 Shares of International Business Machines Corporation $IBM

Prudential PLC reduced its stake in shares of International Business Machines Corporation (NYSE:IBM) by 2.0% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 115,087 shares of the technology company’s stock after selling 2,333 shares during the period. Prudential PLC’s holdings in International Business Machines were worth $34,090,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Family CFO Inc bought a new position in International Business Machines in the 4th quarter worth approximately $25,000. Basepoint Wealth LLC bought a new position in shares of International Business Machines in the fourth quarter worth $25,000. Joseph Group Capital Management bought a new position in shares of International Business Machines in the fourth quarter worth $28,000. SWAN Capital LLC bought a new position in shares of International Business Machines in the third quarter worth $28,000. Finally, DecisionPoint Financial LLC boosted its holdings 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 acquiring an additional 100 shares during the period. 58.96% of the stock is owned by institutional investors.

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

International Business Machines Stock Performance

International Business Machines stock opened at $301.93 on Friday. The firm’s fifty day moving average price is $245.61 and its 200-day moving average price is $270.84. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.76 and a current ratio of 0.80. The stock has a market cap of $283.78 billion, a P/E ratio of 26.70, a price-to-earnings-growth ratio of 3.17 and a beta of 0.67. International Business Machines Corporation has a fifty-two week low of $212.34 and a fifty-two week high of $332.46.

International Business Machines (NYSE:IBM) last posted its quarterly earnings data on Wednesday, April 22nd. The technology company reported $1.91 earnings per share for the quarter, beating the consensus estimate of $1.81 by $0.10. The firm had revenue of $15.92 billion for the quarter, compared to analysts’ expectations of $15.60 billion. International Business Machines had a net margin of 15.61% and a return on equity of 37.23%. The business’s quarterly revenue was up 9.5% on a year-over-year basis. During the same quarter last year, the company posted $1.60 EPS. On average, equities research analysts expect that International Business Machines Corporation will post 12.4 earnings per share 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 given a dividend of $1.69 per share. This is an increase from International Business Machines’s previous quarterly dividend of $1.68. The ex-dividend date is Friday, May 8th. This represents a $6.76 annualized dividend and a dividend yield of 2.2%. International Business Machines’s dividend payout ratio is 59.77%.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on IBM shares. Erste Group Bank lowered International Business Machines from a “buy” rating to a “hold” rating in a report on Wednesday, February 18th. Oppenheimer cut their price target on International Business Machines from $380.00 to $320.00 and set an “outperform” rating for the company in a report on Thursday, April 16th. Stifel Nicolaus set a $290.00 price target on International Business Machines in a report on Friday, May 22nd. Royal Bank Of Canada reissued an “outperform” rating on shares of International Business Machines in a report on Thursday, May 28th. Finally, Wedbush set a $350.00 price target on shares of International Business Machines in a report on Tuesday. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently 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.