International Business Machines Corporation $IBM Shares Bought by HORAN Wealth LLC

HORAN Wealth LLC boosted its stake in International Business Machines Corporation (NYSE:IBM) by 103.5% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,802 shares of the technology company’s stock after acquiring an additional 2,951 shares during the period. HORAN Wealth LLC’s holdings in International Business Machines were worth $1,406,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in IBM. Brighton Jones LLC increased its stake in International Business Machines by 12.4% in the fourth quarter. Brighton Jones LLC now owns 21,011 shares of the technology company’s stock valued at $4,619,000 after purchasing an additional 2,323 shares during the period. Sivia Capital Partners LLC increased its position in International Business Machines by 10.6% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,938 shares of the technology company’s stock valued at $571,000 after acquiring an additional 186 shares during the period. Jump Financial LLC purchased a new stake in International Business Machines during the 2nd quarter valued at approximately $211,000. Ieq Capital LLC lifted its position in International Business Machines by 2.2% during the 2nd quarter. Ieq Capital LLC now owns 38,617 shares of the technology company’s stock worth $11,383,000 after acquiring an additional 843 shares during the period. Finally, Vivaldi Capital Management LP grew its stake in shares of International Business Machines by 11.6% in the 2nd quarter. Vivaldi Capital Management LP now owns 1,017 shares of the technology company’s stock valued at $300,000 after purchasing an additional 106 shares during the last quarter. Institutional investors and hedge funds own 58.96% of the company’s stock.

International Business Machines Stock Up 0.2%

Shares of NYSE IBM opened at $213.18 on Tuesday. The stock has a market capitalization of $200.36 billion, a price-to-earnings ratio of 18.85, a price-to-earnings-growth ratio of 2.28 and a beta of 0.68. International Business Machines Corporation has a 52 week low of $204.44 and a 52 week high of $332.46. The firm has a 50-day moving average price of $263.63 and a 200 day moving average price of $262.66. The company has a quick ratio of 0.76, a current ratio of 0.80 and a debt-to-equity ratio of 1.75.

International Business Machines (NYSE:IBM) last issued its earnings results on Wednesday, April 22nd. The technology company reported $1.91 earnings per share for the quarter, topping the consensus estimate of $1.81 by $0.10. International Business Machines had a net margin of 15.61% and a return on equity of 37.23%. The company had revenue of $15.92 billion for the quarter, compared to analyst estimates of $15.60 billion. During the same period in the prior year, the business posted $1.60 earnings per share. The firm’s revenue for the quarter was up 9.5% compared to the same quarter last year. Equities research analysts anticipate that International Business Machines Corporation will post 12.28 EPS for the current fiscal year.

International Business Machines Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Friday, May 8th were issued a $1.69 dividend. This represents a $6.76 annualized dividend and a yield of 3.2%. This is a positive change from International Business Machines’s previous quarterly dividend of $1.68. The ex-dividend date of this dividend was Friday, May 8th. International Business Machines’s dividend payout ratio is currently 59.77%.

Trending Headlines about International Business Machines

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

• Negative Sentiment: IBM’s surprise Q2 pre-announcement and profit warning triggered multiple analyst target cuts, reinforcing fears that near-term earnings and guidance may be weaker than expected. IBM Stock: Analysts Cut Targets After Company’s Surprise Profit Warning
• Negative Sentiment: Several reports say IBM’s recent plunge erased tens of billions in market value, with investors worried the company misjudged the pace of AI budget shifts and may face additional downside if full-year guidance is reduced. Why Did IBM Stock Plunge 25% in One Day? Preliminary Q2 Results Were Weak, But Not Terrible
• Negative Sentiment: Law firms have launched investigations and shareholder-rights actions over alleged misrepresentations tied to IBM Z product slowdown disclosures, adding legal overhang to the stock. IBM Legal News: IBM Investigated for Misrepresentations about its IBM Z Product Slowdown – Investors Notified to Contact BFA Law
• Neutral Sentiment: Some analysts remain constructive, arguing IBM’s current valuation now looks much cheaper after the selloff and that the stock could rebound if management restores confidence on software, consulting, and AI execution. Could IBM Be Worth More Broken Apart? Stifel Runs the Numbers
• Neutral Sentiment: Preview pieces ahead of the full Q2 report suggest IBM’s consulting and software revenue trends may still benefit from AI, cloud, and cybersecurity demand, but investors are waiting for hard evidence after the warning. Can Y/Y Higher Consulting Revenues Benefit IBM’s Q2 Earnings?

Analyst Ratings Changes

Several equities research analysts recently weighed in on IBM shares. Morgan Stanley increased their price target on International Business Machines from $267.00 to $293.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 14th. Oppenheimer cut shares of International Business Machines from an “outperform” rating to a “market perform” rating in a research note on Wednesday, July 15th. Susquehanna initiated coverage on shares of International Business Machines in a report on Friday, July 10th. They issued a “neutral” rating and a $303.00 target price on the stock. KeyCorp lowered shares of International Business Machines to a “sector weight” rating in a research note on Tuesday, June 23rd. Finally, Sanford C. Bernstein reissued a “market perform” rating on shares of International Business Machines in a report on Thursday. Fifteen equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $289.83.

About International Business Machines

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.