International Business Machines Corporation $IBM Stock: Fort Washington Investment Advisors Inc. OH Reduces Holdings

Fort Washington Investment Advisors Inc. OH trimmed its stake in International Business Machines Corporation (NYSE:IBM) by 4.9% in the third quarter, Holdings Channel.com reports. The firm owned 314,143 shares of the technology company’s stock after selling 16,056 shares during the quarter. Fort Washington Investment Advisors Inc. OH’s holdings in International Business Machines were worth $69,089,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in IBM. B.A. Schrock Wealth Management Inc. bought a new stake in International Business Machines in the third quarter worth approximately $1,393,000. Howard Financial Services LTD. boosted its holdings in International Business Machines by 1.1% in the third quarter. Howard Financial Services LTD. now owns 5,110 shares of the technology company’s stock worth $1,124,000 after purchasing an additional 56 shares in the last quarter. ZWJ Investment Counsel Inc. increased its position in International Business Machines by 11.5% during the third quarter. ZWJ Investment Counsel Inc. now owns 16,371 shares of the technology company’s stock worth $3,600,000 after buying an additional 1,682 shares during the last quarter. Triangle Securities Wealth Management increased its position in International Business Machines by 47.6% during the third quarter. Triangle Securities Wealth Management now owns 4,821 shares of the technology company’s stock worth $1,060,000 after buying an additional 1,554 shares during the last quarter. Finally, Mather Group LLC. raised its holdings in International Business Machines by 57.6% during the third quarter. Mather Group LLC. now owns 11,443 shares of the technology company’s stock valued at $2,517,000 after buying an additional 4,180 shares in the last quarter. 58.96% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at International Business Machines

In other International Business Machines news, SVP Robert Thomas sold 25,000 shares of the business’s stock in a transaction dated Wednesday, August 26th. The shares were sold at an average price of $230.32, for a total value of $5,758,000.00. Following the completion of the transaction, the senior vice president directly owned 47,800 shares of the company’s stock, valued at approximately $11,009,296. The trade was a 34.34% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.27% of the company’s stock.

International Business Machines Trading Down 1.0%

Shares of IBM opened at $228.40 on Thursday. International Business Machines Corporation has a 12-month low of $199.19 and a 12-month high of $332.46. The company has a quick ratio of 0.74, a current ratio of 0.79 and a debt-to-equity ratio of 1.63. The firm has a market capitalization of $215.18 billion, a price-to-earnings ratio of 20.27, a P/E/G ratio of 2.20 and a beta of 0.73. The stock’s 50-day moving average price is $232.07 and its 200 day moving average price is $243.68.

International Business Machines (NYSE:IBM) last issued its earnings results on Wednesday, July 22nd. The technology company reported $2.93 earnings per share for the quarter, meeting the consensus estimate of $2.93. International Business Machines had a net margin of 15.52% and a return on equity of 35.65%. The business had revenue of $17.16 billion for the quarter, compared to analyst estimates of $17.46 billion. During the same period in the previous year, the business earned $2.80 EPS. The firm’s revenue was up 1.1% on a year-over-year basis. As a group, research analysts predict that International Business Machines Corporation will post 12.33 earnings per share for the current year.

International Business Machines Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Investors of record on Monday, August 10th were given a dividend of $1.69 per share. The ex-dividend date was Monday, August 10th. This represents a $6.76 dividend on an annualized basis and a yield of 3.0%. International Business Machines’s dividend payout ratio is 59.98%.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on IBM. UBS Group reaffirmed a “neutral” rating on shares of International Business Machines in a research report on Tuesday. Citic Securities raised their price objective on International Business Machines from $294.00 to $297.00 and gave the company a “buy” rating in a research note on Wednesday, July 29th. Bank of America reduced their target price on International Business Machines from $330.00 to $280.00 and set a “buy” rating for the company in a report on Wednesday, July 15th. Piper Sandler raised International Business Machines to an “overweight” rating in a research report on Tuesday, June 23rd. Finally, Craig Hallum began coverage on International Business Machines in a report on Wednesday, August 19th. They set a “buy” rating on the stock. Nineteen investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $252.96.

Key International Business Machines News

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

• Positive Sentiment: Siemens nanostack collaboration: Siemens will contribute electronic design automation, process simulation and manufacturing expertise to help IBM develop its angstrom-scale nanostack transistor architecture. The partnership could strengthen IBM’s long-term semiconductor innovation and commercialization prospects. IBM and Siemens Collaborate on Research to Advance Nanostack Architecture
• Positive Sentiment: RBC maintains bullish view: Royal Bank of Canada reaffirmed its “Outperform” rating and assigned a $270 price target, implying meaningful upside from recent levels. This offers a positive counterpoint to IBM’s recent underperformance. IBM Stock Rating Reaffirmed as Outperform by Royal Bank Of Canada
• Neutral Sentiment: AI governance research: IBM reported that 80% of surveyed EMEA executives had escalated an AI-related incident to their board or C-suite, while only 37% said their governance systems were designed to scale with autonomous AI agents. The findings highlight strong potential demand for IBM’s AI governance and security services, but also underscore growing implementation and reputational risks. IBM Study on AI Incidents and Governance
• Negative Sentiment: Earnings test approaching: Analysts expect growth in IBM’s next report, but commentary points to competition, margin pressure and a premium valuation as obstacles to a significant earnings beat. Investors will be watching AI, hybrid-cloud demand and guidance closely. IBM Stock Before Q3 Earnings Release
• Negative Sentiment: Cash-flow quality questioned: IBM’s first-half operating cash flow rose to $7.77 billion, but nearly all of the improvement came from changes in financing receivables. Investors may remain cautious until software and consulting generate more sustainable operating-cash growth. IBM Customer Financing and Cash Recovery

International Business Machines Profile

International Business Machines Corporation (NYSE:IBM), commonly known as IBM, is a global technology company that provides hybrid cloud, artificial intelligence, software, consulting and infrastructure solutions. Its offerings help businesses and government organizations manage data, modernize applications, automate processes and improve cybersecurity.

IBM’s portfolio includes the Red Hat hybrid cloud platform, the watsonx suite of artificial intelligence and data tools, consulting services, and enterprise software for areas such as automation, application management, security and asset management.