Retirement Planning Group LLC Raises Stock Position in International Business Machines Corporation $IBM

Retirement Planning Group LLC raised its holdings in International Business Machines Corporation (NYSE:IBM) by 75.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 6,404 shares of the technology company’s stock after purchasing an additional 2,760 shares during the quarter. Retirement Planning Group LLC’s holdings in International Business Machines were worth $1,807,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Lifestyle Asset Management Inc. raised its position in International Business Machines by 1.7% during the second quarter. Lifestyle Asset Management Inc. now owns 2,144 shares of the technology company’s stock valued at $632,000 after acquiring an additional 36 shares in the last quarter. Whelan Financial grew its stake in shares of International Business Machines by 2.4% during the 2nd quarter. Whelan Financial now owns 1,525 shares of the technology company’s stock worth $450,000 after purchasing an additional 36 shares during the period. Ignite Planners LLC increased its holdings in shares of International Business Machines by 0.9% during the 2nd quarter. Ignite Planners LLC now owns 3,964 shares of the technology company’s stock valued at $1,133,000 after purchasing an additional 36 shares in the last quarter. Vishria Bird Financial Group LLC boosted its holdings in International Business Machines by 3.0% during the third quarter. Vishria Bird Financial Group LLC now owns 1,230 shares of the technology company’s stock worth $347,000 after buying an additional 36 shares in the last quarter. Finally, Prosperitas Financial LLC grew its position in International Business Machines by 2.9% during the third quarter. Prosperitas Financial LLC now owns 1,260 shares of the technology company’s stock valued at $356,000 after buying an additional 36 shares during the period. Institutional investors and hedge funds own 58.96% of the company’s stock.

International Business Machines Stock Performance

NYSE IBM opened at $302.84 on Wednesday. The company has a debt-to-equity ratio of 1.97, a current ratio of 0.93 and a quick ratio of 0.89. International Business Machines Corporation has a 1-year low of $214.50 and a 1-year high of $324.90. The company has a market cap of $283.08 billion, a PE ratio of 36.23, a price-to-earnings-growth ratio of 2.89 and a beta of 0.70. The stock’s 50 day simple moving average is $303.74 and its 200-day simple moving average is $282.13.

International Business Machines (NYSE:IBM) last announced its quarterly earnings data on Wednesday, October 22nd. The technology company reported $2.65 earnings per share for the quarter, beating analysts’ consensus estimates of $2.45 by $0.20. International Business Machines had a return on equity of 37.76% and a net margin of 12.09%.The company had revenue of $16.33 billion for the quarter, compared to analyst estimates of $16.10 billion. During the same quarter last year, the firm posted $2.30 EPS. The firm’s revenue for the quarter was up 9.1% on a year-over-year basis. As a group, equities research analysts anticipate that International Business Machines Corporation will post 10.78 EPS for the current fiscal year.

International Business Machines Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Shareholders of record on Monday, November 10th were issued a $1.68 dividend. The ex-dividend date was Monday, November 10th. This represents a $6.72 dividend on an annualized basis and a yield of 2.2%. International Business Machines’s dividend payout ratio is presently 80.38%.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on IBM shares. UBS Group reissued a “sell” rating on shares of International Business Machines in a research note on Tuesday, December 9th. Wall Street Zen downgraded International Business Machines from a “buy” rating to a “hold” rating in a research report on Sunday. Oppenheimer initiated coverage on International Business Machines in a report on Friday, November 21st. They issued an “outperform” rating and a $360.00 price objective on the stock. Royal Bank Of Canada upped their target price on International Business Machines from $300.00 to $350.00 and gave the stock an “outperform” rating in a research note on Monday, January 5th. Finally, Sanford C. Bernstein reissued a “market perform” rating on shares of International Business Machines in a research note on Wednesday, December 10th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, International Business Machines currently has a consensus rating of “Moderate Buy” and a consensus target price of $303.38.

International Business Machines News Summary

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

• Positive Sentiment: U.S. antitrust clearance advanced IBM’s planned deal for Confluent, removing a major regulatory obstacle and accelerating IBM’s strategy to strengthen its data-streaming and hybrid-cloud capabilities. Read More.
• Positive Sentiment: Bank of America raised its IBM price target from $315 to $335 and kept a “buy” rating, providing institutional support that could underpin future upside. Read More.
• Positive Sentiment: IBM expanded its edge-AI work with Datavault AI using watsonx-powered secure micro data centers — a product/partnership win that targets low-latency enterprise AI demand. Read More.
• Positive Sentiment: High-profile bullish commentary (Gary Cohn on CNBC; Jim Cramer calling IBM “still very inexpensive”) adds retail/institutional confidence in IBM’s macro and valuation story. Read More. | Read More.
• Neutral Sentiment: Market pieces on AI, quantum and defense (NVDA/IONQ-focused) highlight secular tailwinds for compute and quantum that could indirectly benefit IBM’s hardware, cloud and quantum franchises. Impact is strategic and longer-term. Read More. | Read More.
• Neutral Sentiment: Recent coverage notes IBM has outperformed the market recently, suggesting some recent momentum but also setting up potential short-term consolidation. Read More.
• Negative Sentiment: Analysis pointing to diverging views on IBM’s strategic trajectory highlights investor skepticism about execution and long-term growth pace; that mixed sentiment can pressure the stock after a run-up. Read More.

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.