International Business Machines Corporation $IBM Shares Sold by Integrated Advisors Network LLC

Integrated Advisors Network LLC lessened its position in International Business Machines Corporation (NYSE:IBM) by 47.1% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 9,305 shares of the technology company’s stock after selling 8,292 shares during the quarter. Integrated Advisors Network LLC’s holdings in International Business Machines were worth $2,046,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in IBM. Harborfront Financial Group LLC bought a new position in shares of International Business Machines in the 2nd quarter worth about $27,000. Hara Capital LLC purchased a new position in International Business Machines during the 2nd quarter valued at about $28,000. Bare Financial Services Inc boosted its stake in International Business Machines by 114.6% during the second quarter. Bare Financial Services Inc now owns 103 shares of the technology company’s stock worth $29,000 after acquiring an additional 55 shares in the last quarter. Portus Wealth Advisors LLC purchased a new stake in International Business Machines in the first quarter worth about $26,000. Finally, Caitlin John LLC purchased a new stake in International Business Machines in the second quarter worth about $35,000. 58.96% of the stock is currently owned by institutional investors.

Insider Activity

In other news, SVP Robert Thomas sold 25,000 shares of the company’s stock in a transaction that occurred on 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 transaction, the senior vice president owned 47,800 shares in the company, valued at approximately $11,009,296. This represents a 34.34% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 0.27% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have weighed in on IBM. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $270.00 target price on shares of International Business Machines in a research note on Tuesday, October 13th. Yorkville Ives initiated coverage on International Business Machines in a research report on Monday, October 5th. They issued an “outperform” rating and a $275.00 price target on the stock. Argus dropped their price target on International Business Machines from $360.00 to $280.00 and set a “buy” rating on the stock in a research report on Thursday, July 16th. Stifel Nicolaus cut their price target on International Business Machines from $290.00 to $235.00 and set a “buy” rating on the stock in a research note on Monday, July 20th. Finally, Daiwa Securities Group reduced their price objective on International Business Machines from $247.00 to $217.00 and set a “neutral” rating for the company in a research report on Wednesday, July 29th. Twenty research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $255.76.

International Business Machines News Summary

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

• Positive Sentiment: Q3 results exceeded expectations: IBM reported adjusted earnings of $2.95 per share versus consensus estimates near $2.85-$2.88, while revenue rose approximately 5% year over year to $17.1 billion, ahead of the roughly $16.8 billion forecast. IBM beats on top and bottom lines
• Positive Sentiment: Software and infrastructure growth accelerated: Software revenue increased 8% to $7.8 billion and Infrastructure revenue rose 4% to $3.7 billion. Management said previously delayed infrastructure deals began closing, supporting the view that the prior-quarter slowdown was temporary. IBM raises annual software revenue outlook
• Positive Sentiment: Cash-flow outlook improved: IBM generated $3.0 billion in free cash flow during the quarter and expects full-year free cash flow to increase by more than $1 billion from the prior year. The company maintained its 4%-5% full-year constant-currency revenue-growth forecast. IBM third-quarter results
• Positive Sentiment: CEO Arvind Krishna highlighted momentum in enterprise AI and “Super Intelligence” initiatives, while IBM’s partnerships around open-source AI inference and its quantum-computing strategy add longer-term growth catalysts.
• Neutral Sentiment: IBM’s GAAP net income rose to $2.19 billion from $1.74 billion a year earlier, and the board declared a quarterly dividend of $1.69 per share.
• Negative Sentiment: Gross margin was narrower than expected, which could limit the benefit of revenue growth if elevated AI, infrastructure, or implementation costs persist.

International Business Machines Price Performance

IBM opened at $250.67 on Thursday. The firm has a market cap of $236.16 billion, a PE ratio of 22.24, a P/E/G ratio of 2.32 and a beta of 0.73. The stock has a 50-day moving average price of $232.36 and a 200-day moving average price of $243.60. International Business Machines Corporation has a 1 year low of $199.19 and a 1 year high of $332.46. The company has a debt-to-equity ratio of 1.63, a current ratio of 0.79 and a quick ratio of 0.74.

International Business Machines (NYSE:IBM) last announced its quarterly earnings data on Wednesday, October 21st. The technology company reported $2.95 EPS for the quarter, beating the consensus estimate of $2.85 by $0.10. The company had revenue of $17.10 billion for the quarter, compared to the consensus estimate of $16.82 billion. International Business Machines had a net margin of 15.52% and a return on equity of 35.65%. International Business Machines’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same period in the prior year, the firm posted $2.65 EPS. Sell-side analysts predict that International Business Machines Corporation will post 12.34 earnings per share for the current fiscal year.

International Business Machines Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Tuesday, November 10th will be issued a $1.69 dividend. The ex-dividend date of this dividend is Tuesday, November 10th. This represents a $6.76 annualized dividend and a yield of 2.7%. International Business Machines’s payout ratio is 59.98%.

About International Business Machines

International Business Machines Corporation (NYSE:IBM), commonly known as IBM, is a global technology and consulting company that helps organizations modernize their information technology and business operations. Its offerings include hybrid cloud solutions, artificial intelligence software and services, enterprise software, IT infrastructure, cybersecurity, data analytics, and technology consulting.

IBM provides products and services to businesses, governments, and other institutions across industries and regions worldwide.