Michael Miebach Buys 434 Shares of International Business Machines (NYSE:IBM) Stock

International Business Machines Corporation (NYSE:IBM) Director Michael Miebach bought 434 shares of International Business Machines stock in a transaction that occurred on Wednesday, February 25th. The shares were acquired at an average price of $233.33 per share, with a total value of $101,265.22. Following the completion of the transaction, the director owned 434 shares of the company’s stock, valued at $101,265.22. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

International Business Machines Price Performance

Shares of NYSE:IBM traded up $8.43 on Wednesday, hitting $237.75. The company’s stock had a trading volume of 8,555,546 shares, compared to its average volume of 6,015,369. The company has a market capitalization of $222.24 billion, a PE ratio of 21.32, a PEG ratio of 2.24 and a beta of 0.69. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.96 and a quick ratio of 0.92. The company has a 50-day simple moving average of $290.87 and a 200 day simple moving average of $284.17. International Business Machines Corporation has a 1 year low of $214.50 and a 1 year high of $324.90.

International Business Machines (NYSE:IBM) last posted its quarterly earnings data on Wednesday, January 28th. The technology company reported $4.52 earnings per share for the quarter, topping the consensus estimate of $4.33 by $0.19. International Business Machines had a net margin of 15.69% and a return on equity of 38.15%. The company had revenue of $19.69 billion for the quarter, compared to analysts’ expectations of $19.23 billion. During the same period in the prior year, the business earned $3.92 earnings per share. International Business Machines’s revenue for the quarter was up 12.2% compared to the same quarter last year. Sell-side analysts forecast that International Business Machines Corporation will post 10.78 EPS for the current fiscal year.

International Business Machines Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 10th will be paid a dividend of $1.68 per share. The ex-dividend date of this dividend is Tuesday, February 10th. This represents a $6.72 annualized dividend and a yield of 2.8%. International Business Machines’s payout ratio is 60.27%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. CVA Family Office LLC boosted its stake in International Business Machines by 1.4% in the 4th quarter. CVA Family Office LLC now owns 2,389 shares of the technology company’s stock worth $708,000 after purchasing an additional 33 shares during the period. Foster Group Inc. raised its holdings in International Business Machines by 1.3% during the 4th quarter. Foster Group Inc. now owns 2,507 shares of the technology company’s stock valued at $742,000 after buying an additional 33 shares during the period. New Covenant Trust Company N.A. lifted its holdings in shares of International Business Machines by 3.8% in the 4th quarter. New Covenant Trust Company N.A. now owns 905 shares of the technology company’s stock worth $264,000 after acquiring an additional 33 shares during the last quarter. McGowan Group Asset Management Inc. lifted its stake in International Business Machines by 1.2% in the fourth quarter. McGowan Group Asset Management Inc. now owns 2,693 shares of the technology company’s stock worth $798,000 after purchasing an additional 33 shares during the last quarter. Finally, CFS Investment Advisory Services LLC lifted its stake in shares of International Business Machines by 0.4% during the 3rd quarter. CFS Investment Advisory Services LLC now owns 9,359 shares of the technology company’s stock worth $2,878,000 after acquiring an additional 34 shares during the last quarter. Hedge funds and other institutional investors own 58.96% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on IBM shares. Weiss Ratings restated a “buy (b)” rating on shares of International Business Machines in a research report on Thursday, January 22nd. Wedbush reissued an “outperform” rating and issued a $340.00 price target on shares of International Business Machines in a research note on Tuesday. Argus set a $360.00 price target on shares of International Business Machines in a research note on Friday, January 30th. Royal Bank Of Canada set a $361.00 price target on International Business Machines in a research report on Thursday, January 29th. Finally, Wall Street Zen lowered International Business Machines from a “buy” rating to a “hold” rating in a report on Sunday, January 11th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $320.87.

Key Stories Impacting International Business Machines

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

• Positive Sentiment: UBS upgraded IBM to “Neutral” from “Sell,” saying the recent selloff improved the stock’s risk/reward — the move helped calm sellers and supported the rebound. IBM no longer a Sell, says UBS as analysts upgrade stock
• Positive Sentiment: IBM won a new defense contract (ceiling value $112M) to modernize electronic shelf labels for the Defense Commissary Agency — a concrete government revenue opportunity and a sign of steady backlog from public-sector customers. IBM Awarded Defense Commissary Agency Contract to Modernize Electronic Shelf Label System
• Positive Sentiment: Several sell-off defenders (Wedbush, Evercore ISI and MarketBeat coverage) called the recent drop an overreaction, pointing to strong Q4 results, free cash flow and the resilience of IBM’s mainframe/infrastructure franchise — supporting the view this is a tactical buying opportunity. IBM’s Steep Drop on AI Fears May Be an Overreaction
• Neutral Sentiment: Morgan Stanley trimmed its price target (from $304 to $247) and kept an “equal weight” rating — a signal of more cautious near-term expectations despite the rebound. Morgan Stanley lowers target on IBM
• Negative Sentiment: The principal negative catalyst remains Anthropic’s announcement that its Claude Code tooling could accelerate COBOL modernization — investors fear faster, cheaper automation of legacy systems could pressure parts of IBM’s mainframe and services revenue, which drove the prior 13% one-day plunge. IBM posts steepest daily drop since 2000 after Anthropic says AI can modernize COBOL

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.