NewEdge Advisors LLC Has $47.55 Million Position in International Business Machines Corporation $IBM

NewEdge Advisors LLC lowered its holdings in shares of International Business Machines Corporation (NYSE:IBM) by 48.3% during the first quarter, Holdings Channel reports. The firm owned 196,169 shares of the technology company’s stock after selling 183,086 shares during the period. NewEdge Advisors LLC’s holdings in International Business Machines were worth $47,549,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. Norges Bank acquired a new stake in shares of International Business Machines in the fourth quarter worth $2,446,429,000. Capital World Investors grew its stake in 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 buying an additional 4,976,756 shares during the last quarter. Price T Rowe Associates Inc. MD grew its position in shares of International Business Machines by 83.4% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 5,617,117 shares of the technology company’s stock valued at $1,663,847,000 after purchasing an additional 2,553,552 shares during the last quarter. Corient Private Wealth LLC grew its position in shares of International Business Machines by 359.6% in the fourth quarter. Corient Private Wealth LLC now owns 1,896,675 shares of the technology company’s stock valued at $561,814,000 after purchasing an additional 1,484,026 shares during the last quarter. Finally, Vanguard Group Inc. grew its holdings in International Business Machines by 1.5% in 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 buying an additional 1,439,824 shares during the last quarter. 58.96% of the stock is currently owned by institutional investors.

International Business Machines Stock Performance

NYSE IBM opened at $233.52 on Friday. The company has a 50 day moving average of $259.82 and a 200-day moving average of $255.42. International Business Machines Corporation has a 1-year low of $199.19 and a 1-year high of $332.46. The firm has a market cap of $220.01 billion, a price-to-earnings ratio of 20.72, a PEG ratio of 2.31 and a beta of 0.70. The company has a current ratio of 0.79, a quick ratio of 0.74 and a debt-to-equity ratio of 1.63.

International Business Machines (NYSE:IBM) last issued its quarterly earnings data on Wednesday, July 22nd. The technology company reported $2.93 earnings per share (EPS) for the quarter, meeting the consensus estimate of $2.93. International Business Machines had a return on equity of 35.65% and a net margin of 15.52%.The firm had revenue of $17.16 billion during the quarter, compared to the consensus estimate of $17.46 billion. During the same quarter in the previous year, the company posted $2.80 EPS. The business’s revenue for the quarter was up 1.1% compared to the same quarter last year. On average, equities analysts forecast that International Business Machines Corporation will post 12.34 earnings per share for the current fiscal 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 issued a dividend of $1.69 per share. The ex-dividend date of this dividend is Monday, August 10th. This represents a $6.76 dividend on an annualized basis and a yield of 2.9%. International Business Machines’s dividend payout ratio is currently 59.98%.

International Business Machines News Summary

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

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Wall Street Zen lowered International Business Machines from a “hold” rating to a “sell” rating in a report on Saturday, July 18th. Wolfe Research cut shares of International Business Machines to a “peer perform” rating in a research note on Tuesday, June 23rd. HSBC set a $175.00 target price on International Business Machines and gave the stock a “reduce” rating in a research report on Thursday, July 16th. DZ Bank upgraded International Business Machines from a “hold” rating to a “buy” rating and set a $295.00 target price for the company in a research note on Friday, April 24th. Finally, Wedbush set a $350.00 target price on International Business Machines in a research report on Tuesday, June 2nd. Fifteen 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 stock currently has an average rating of “Moderate Buy” and a consensus target price of $265.40.

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.