International Business Machines Corporation $IBM Holdings Lifted by Impact Partnership Wealth LLC

Impact Partnership Wealth LLC increased its position in shares of International Business Machines Corporation (NYSE:IBM) by 218.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,546 shares of the technology company’s stock after acquiring an additional 3,119 shares during the period. Impact Partnership Wealth LLC’s holdings in International Business Machines were worth $1,102,000 at the end of the most recent quarter.

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

Wall Street Analysts Forecast Growth

IBM has been the subject of several research reports. JPMorgan Chase & Co. raised International Business Machines from a “neutral” rating to an “overweight” rating and raised their price objective for the stock from $270.00 to $291.00 in a research note on Tuesday, June 23rd. BMO Capital Markets cut their target price on International Business Machines from $290.00 to $270.00 and set a “market perform” rating on the stock in a research report on Thursday, April 23rd. Barclays started coverage on International Business Machines in a report on Monday, June 1st. They set an “overweight” rating and a $350.00 target price for the company. Jefferies Financial Group assumed coverage on International Business Machines in a research report on Tuesday, June 23rd. They issued a “buy” rating for the company. Finally, Royal Bank Of Canada restated an “outperform” rating on shares of International Business Machines in a report on Tuesday, June 23rd. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $306.94.

International Business Machines Trading Up 1.4%

NYSE IBM opened at $281.78 on Wednesday. The firm’s 50 day moving average price is $254.94 and its two-hundred day moving average price is $266.51. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.76 and a current ratio of 0.80. International Business Machines Corporation has a twelve month low of $212.34 and a twelve month high of $332.46. The stock has a market cap of $264.85 billion, a price-to-earnings ratio of 24.91, a PEG ratio of 2.88 and a beta of 0.67.

International Business Machines (NYSE:IBM) last issued its earnings results on Wednesday, April 22nd. The technology company reported $1.91 EPS for the quarter, topping the consensus estimate of $1.81 by $0.10. The business had revenue of $15.92 billion during the quarter, compared to analysts’ expectations of $15.60 billion. International Business Machines had a return on equity of 37.23% and a net margin of 15.61%.International Business Machines’s revenue was up 9.5% compared to the same quarter last year. During the same quarter last year, the firm posted $1.60 earnings per share. Equities analysts anticipate that International Business Machines Corporation will post 12.4 EPS for the current year.

International Business Machines Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Friday, May 8th were paid a $1.69 dividend. The ex-dividend date of this dividend was Friday, May 8th. This represents a $6.76 annualized dividend and a yield of 2.4%. This is an increase from International Business Machines’s previous quarterly dividend of $1.68. International Business Machines’s dividend payout ratio (DPR) is currently 59.77%.

Key Headlines Impacting International Business Machines

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

• Positive Sentiment: IBM’s announcement of the world’s first sub-1 nanometer chip has fueled optimism that the company is still a major innovation leader in AI infrastructure and next-generation computing. International Business Machines (IBM) Is Up 10.2% After Unveiling 0.7 nm Nanostack Chip Breakthrough
• Positive Sentiment: IBM continues to be highlighted as an AI and quantum-computing beneficiary, with articles pointing to its growing AI consulting business and leadership edge versus smaller quantum rivals. The Quantum Bubble Is Real Enough to Take Seriously (IBM)
• Positive Sentiment: IBM was also cited in a new stablecoin-network initiative alongside major payments and tech firms, suggesting it remains relevant in enterprise digital infrastructure and payments-related innovation. Circle Stock Sinks After Visa, Others Announce Rival Stablecoin Network
• Neutral Sentiment: IBM selected Stagwell for creative/brand work and Omnicom Media as global media agency of record, but these are more marketing operations updates than direct earnings drivers. IBM Picks Stagwell as Creative Partner IBM Selects Stagwell as Lead Creative Partner IBM to Appoint Omnicom Media as Global Media Agency of Record
• Neutral Sentiment: Analyst and media pieces previewing IBM’s next earnings report suggest single-digit earnings growth, which supports steady expectations but does not appear to be a major new catalyst. What to Expect From International Business Machines’ Next Quarterly Earnings Report
• Negative Sentiment: One commentary noted IBM is still down sharply from prior levels, reminding investors that despite the recent rally, the stock has already had a long period of underperformance. IBM, Verizon, Corning And A Health Care Stock On CNBC’s ‘Final Trades’

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.