Financial & Tax Architects LLC Buys 1,914 Shares of International Business Machines Corporation $IBM

Financial & Tax Architects LLC lifted its stake in International Business Machines Corporation (NYSE:IBM) by 6.7% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 30,477 shares of the technology company’s stock after buying an additional 1,914 shares during the quarter. International Business Machines makes up about 1.6% of Financial & Tax Architects LLC’s investment portfolio, making the stock its 18th largest position. Financial & Tax Architects LLC’s holdings in International Business Machines were worth $7,387,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Vanguard Group Inc. boosted its holdings in shares of 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 during the last quarter. State Street Corp increased its holdings in shares of International Business Machines by 1.0% in the fourth quarter. State Street Corp now owns 54,996,293 shares of the technology company’s stock worth $16,290,452,000 after purchasing an additional 518,321 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of International Business Machines by 1.5% in the fourth quarter. Geode Capital Management LLC now owns 22,605,083 shares of the technology company’s stock worth $6,679,105,000 after purchasing an additional 336,069 shares during the last quarter. Capital World Investors lifted its position in shares of International Business Machines by 29.2% in the fourth quarter. Capital World Investors now owns 22,021,912 shares of the technology company’s stock worth $6,523,720,000 after buying an additional 4,976,756 shares in the last quarter. Finally, Norges Bank bought a new position in International Business Machines during the fourth quarter valued at approximately $2,446,429,000. Institutional investors own 58.96% of the company’s stock.

Key International Business Machines News

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

• Positive Sentiment: IBM’s announcement of the world’s first sub-1 nanometer chip has fueled optimism that the company is still a major innovation leader in AI infrastructure and next-generation computing. International Business Machines (IBM) Is Up 10.2% After Unveiling 0.7 nm Nanostack Chip Breakthrough
• Positive Sentiment: IBM continues to be highlighted as an AI and quantum-computing beneficiary, with articles pointing to its growing AI consulting business and leadership edge versus smaller quantum rivals. The Quantum Bubble Is Real Enough to Take Seriously (IBM)
• Positive Sentiment: IBM was also cited in a new stablecoin-network initiative alongside major payments and tech firms, suggesting it remains relevant in enterprise digital infrastructure and payments-related innovation. Circle Stock Sinks After Visa, Others Announce Rival Stablecoin Network
• Neutral Sentiment: IBM selected Stagwell for creative/brand work and Omnicom Media as global media agency of record, but these are more marketing operations updates than direct earnings drivers. IBM Picks Stagwell as Creative Partner IBM Selects Stagwell as Lead Creative Partner IBM to Appoint Omnicom Media as Global Media Agency of Record
• Neutral Sentiment: Analyst and media pieces previewing IBM’s next earnings report suggest single-digit earnings growth, which supports steady expectations but does not appear to be a major new catalyst. What to Expect From International Business Machines’ Next Quarterly Earnings Report
• Negative Sentiment: One commentary noted IBM is still down sharply from prior levels, reminding investors that despite the recent rally, the stock has already had a long period of underperformance. IBM, Verizon, Corning And A Health Care Stock On CNBC’s ‘Final Trades’

International Business Machines Trading Up 1.4%

IBM opened at $281.78 on Wednesday. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.76 and a current ratio of 0.80. The stock’s 50 day moving average price is $254.94 and its 200-day moving average price is $266.51. International Business Machines Corporation has a one year low of $212.34 and a one year high of $332.46. The stock has a market cap of $264.85 billion, a price-to-earnings ratio of 24.91, a P/E/G ratio of 2.88 and a beta of 0.67.

International Business Machines (NYSE:IBM) last issued its quarterly earnings results on Wednesday, April 22nd. The technology company reported $1.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.81 by $0.10. International Business Machines had a return on equity of 37.23% and a net margin of 15.61%.The firm had revenue of $15.92 billion during the quarter, compared to analyst estimates of $15.60 billion. During the same period last year, the company earned $1.60 EPS. International Business Machines’s quarterly revenue was up 9.5% compared to the same quarter last year. On average, equities analysts forecast that International Business Machines Corporation will post 12.4 EPS for the current year.

International Business Machines Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Friday, May 8th were paid a $1.69 dividend. The ex-dividend date was Friday, May 8th. This is a positive change from International Business Machines’s previous quarterly dividend of $1.68. This represents a $6.76 dividend on an annualized basis and a yield of 2.4%. International Business Machines’s payout ratio is 59.77%.

Analyst Ratings Changes

A number of analysts have issued reports on IBM shares. KeyCorp downgraded International Business Machines to a “sector weight” rating in a research note on Tuesday, June 23rd. JPMorgan Chase & Co. upgraded International Business Machines from a “neutral” rating to an “overweight” rating and increased their target price for the company from $270.00 to $291.00 in a research report on Tuesday, June 23rd. Wedbush set a $350.00 target price on shares of International Business Machines in a report on Tuesday, June 2nd. HSBC upgraded shares of International Business Machines from a “reduce” rating to a “hold” rating and boosted their price target for the stock from $218.00 to $231.00 in a research report on Tuesday, April 28th. Finally, Citigroup upped their price target on shares of International Business Machines from $285.00 to $375.00 and gave the company a “buy” rating in a research note on Tuesday, June 2nd. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $306.94.

International Business Machines Company 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.