St. Louis Financial Planners Asset Management LLC Increases Stock Holdings in International Business Machines Corporation $IBM

St. Louis Financial Planners Asset Management LLC boosted its holdings in shares of International Business Machines Corporation (NYSE:IBM) by 34.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,234 shares of the technology company’s stock after buying an additional 3,659 shares during the period. International Business Machines makes up 2.1% of St. Louis Financial Planners Asset Management LLC’s holdings, making the stock its 14th largest position. St. Louis Financial Planners Asset Management LLC’s holdings in International Business Machines were worth $4,121,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Norges Bank purchased a new stake in shares of International Business Machines during the fourth quarter worth about $2,446,429,000. Capital World Investors raised its position in shares of International Business Machines by 29.2% in the 4th 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 last quarter. Price T Rowe Associates Inc. MD boosted its stake in International Business Machines by 83.4% in the 4th 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 in the last quarter. Corient Private Wealth LLC grew its position in International Business Machines by 359.6% during the 4th quarter. Corient Private Wealth LLC now owns 1,896,675 shares of the technology company’s stock worth $561,814,000 after purchasing an additional 1,484,026 shares during the last quarter. Finally, Vanguard Group Inc. increased its stake in International Business Machines by 1.5% during 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 purchasing an additional 1,439,824 shares in the last quarter. Institutional investors and hedge funds own 58.96% of the company’s stock.

International Business Machines Stock Down 1.0%

IBM stock opened at $233.52 on Friday. The company has a market capitalization of $220.01 billion, a P/E ratio of 20.72, a price-to-earnings-growth ratio of 2.31 and a beta of 0.70. International Business Machines Corporation has a 12 month low of $199.19 and a 12 month high of $332.46. The firm’s fifty day simple moving average is $259.82 and its 200-day simple moving average is $255.42. The company has a debt-to-equity ratio of 1.63, a current ratio of 0.79 and a quick ratio of 0.74.

International Business Machines (NYSE:IBM) last issued its earnings results on Wednesday, July 22nd. The technology company reported $2.93 earnings per share (EPS) for the quarter, hitting the consensus estimate of $2.93. The firm had revenue of $17.16 billion during 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 firm’s revenue was up 1.1% compared to the same quarter last year. During the same quarter last year, the company posted $2.80 earnings per share. As a group, equities 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 disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Monday, August 10th will be paid a dividend of $1.69 per share. The ex-dividend date is Monday, August 10th. This represents a $6.76 dividend on an annualized basis and a dividend yield of 2.9%. International Business Machines’s dividend payout ratio (DPR) is presently 59.98%.

Analysts Set New Price Targets

A number of research analysts have issued reports on IBM shares. Jefferies Financial Group decreased their price target on shares of International Business Machines from $320.00 to $260.00 and set a “buy” rating for the company in a report on Tuesday, July 21st. HSBC set a $175.00 target price on International Business Machines and gave the company a “reduce” rating in a research report on Thursday, July 16th. Wall Street Zen cut International Business Machines from a “hold” rating to a “sell” rating in a research report on Saturday, July 18th. BMO Capital Markets dropped their price target on International Business Machines from $270.00 to $230.00 and set a “market perform” rating on the stock in a research note on Thursday, July 23rd. Finally, Barclays cut their price objective on International Business Machines from $288.00 to $262.00 and set an “overweight” rating on the stock in a report on Thursday, July 23rd. Fifteen equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $265.40.

More International Business Machines News

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

• 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 could expand IBM’s government software pipeline and reinforce its position in secure hybrid cloud services. IBM Maximo Application Suite Achieves FedRAMP Moderate Authorization
• Neutral Sentiment: IBM CEO Arvind Krishna said quantum computing could begin contributing meaningfully to revenue and profit by 2028 or 2029. The forecast supports IBM’s long-term technology narrative, but the benefits remain several years away and are unlikely to offset current mainframe concerns. IBM’s Arvind Krishna Predicts Quantum Computing Will Become a Meaningful Business by 2028
• Neutral Sentiment: IBM reportedly transferred nearly 1,000 blockchain patents to Circle, which may provide incremental monetization and demonstrate the value of IBM’s intellectual property portfolio. However, the transaction is not presented as a major near-term earnings catalyst. Circle’s IBM Patent Deal Could Redraw the Stablecoin Infrastructure Race
• Negative Sentiment: Hagens Berman and Bleichmar Fonti & Auld announced investigations into potential securities-law violations tied to alleged misrepresentations concerning the IBM Z product slowdown. The investigations follow the approximately 25% one-day decline reported after IBM’s July 14 preview of weak second-quarter results, adding legal and reputational overhang. The announcements are allegations, not findings of wrongdoing. IBM $68 Billion Wipeout Amid Z Shortfall Triggers Investigation
• Negative Sentiment: Kyndryl’s earnings commentary cited persistent IBM-related revenue declines, suggesting continued pressure in IBM’s legacy infrastructure and services ecosystem. This reinforces investor concerns that AI-led growth may not yet be fully compensating for weakness in traditional businesses. Kyndryl Earnings Call Highlights

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.