3,625 International Business Machines Corporation $IBM Shares Sold by Investment House LLC

Investment House LLC lessened its holdings in International Business Machines Corporation (NYSE:IBM) by 25.3% during the third quarter, HoldingsChannel reports. The fund owned 10,680 shares of the technology company’s stock after selling 3,625 shares during the quarter. Investment House LLC’s holdings in International Business Machines were worth $2,349,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in IBM. Boothe Investment Group Inc. boosted its holdings in International Business Machines by 11.9% during the 3rd quarter. Boothe Investment Group Inc. now owns 11,632 shares of the technology company’s stock worth $2,558,000 after acquiring an additional 1,239 shares during the last quarter. JSF Financial LLC grew its stake in shares of International Business Machines by 21.8% in the 3rd quarter. JSF Financial LLC now owns 1,359 shares of the technology company’s stock worth $299,000 after acquiring an additional 243 shares in the last quarter. SBI Securities Co. Ltd. raised its holdings in shares of International Business Machines by 1.5% in the third quarter. SBI Securities Co. Ltd. now owns 85,376 shares of the technology company’s stock valued at $18,777,000 after purchasing an additional 1,225 shares during the last quarter. Pinnacle Bancorp Inc. raised its holdings in shares of International Business Machines by 3.4% in the third quarter. Pinnacle Bancorp Inc. now owns 3,011 shares of the technology company’s stock valued at $662,000 after purchasing an additional 100 shares during the last quarter. Finally, Obermeyer Wealth Partners lifted its position in shares of International Business Machines by 9.6% during the third quarter. Obermeyer Wealth Partners now owns 2,401 shares of the technology company’s stock valued at $528,000 after purchasing an additional 211 shares in the last quarter. Institutional investors own 58.96% of the company’s stock.

International Business Machines Trading Up 0.4%

NYSE IBM opened at $252.42 on Friday. The stock has a market capitalization of $237.81 billion, a price-to-earnings ratio of 20.43, a PEG ratio of 2.42 and a beta of 0.73. International Business Machines Corporation has a one year low of $199.19 and a one 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. The business’s fifty day moving average is $232.68 and its 200-day moving average is $243.63.

International Business Machines (NYSE:IBM) last issued its quarterly earnings results on Wednesday, October 21st. The technology company reported $2.95 earnings per share for the quarter, topping analysts’ consensus estimates 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 15.99% and a return on equity of 35.08%. The firm’s quarterly revenue was up 4.7% on a year-over-year basis. During the same period in the previous year, the firm earned $2.65 EPS. Equities research analysts predict that International Business Machines Corporation will post 12.34 EPS for the current year.

International Business Machines Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Tuesday, November 10th will be given 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 currently 59.98%.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. Weiss Ratings upgraded shares of International Business Machines from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, October 14th. Wall Street Zen lowered shares of International Business Machines from a “hold” rating to a “sell” rating in a research note on Saturday, September 12th. Stifel Nicolaus increased their price objective on shares of International Business Machines from $235.00 to $260.00 and gave the company a “buy” rating in a research note on Thursday. HSBC dropped their target price on shares of International Business Machines from $175.00 to $174.00 in a research report on Friday, July 24th. Finally, Craig Hallum assumed coverage on International Business Machines in a research note on Wednesday, August 19th. They issued a “buy” rating on the stock. Twenty investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $266.12.

More International Business Machines News

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

• Positive Sentiment: IBM delivered a strong third quarter. Revenue increased 4.7% year over year to $17.1 billion, while adjusted earnings of $2.95 per share exceeded expectations near $2.85. Software revenue rose 8% to $7.8 billion, Infrastructure revenue increased 4%, and delayed contracts returned. Reuters IBM earnings article
• Positive Sentiment: Cash generation and margins improved. IBM reported approximately $3.0 billion in free cash flow for the quarter and raised its full-year free-cash-flow outlook, expecting growth of more than $1 billion from the prior year. The board also declared a quarterly dividend of $1.69 per share. IBM Q3 revenue and cash flow article
• Positive Sentiment: Analysts raised targets after the report. JPMorgan lifted its target to $269, Stifel raised its target to $260 and RBC set a $270 target while reaffirming an outperform rating, signaling confidence that software, Red Hat and infrastructure demand can support further gains.
• Neutral Sentiment: Investors are looking for proof that the rebound can continue. Management said second-quarter softness reflected timing rather than weak demand, but the market remains focused on whether software growth—partly helped by the Confluent acquisition—and Red Hat momentum will persist in the fourth quarter. Fool IBM earnings analysis
• Negative Sentiment: Guidance and AI commentary weighed on sentiment. IBM maintained its full-year revenue-growth outlook rather than raising it, and CEO Arvind Krishna said lower-cost open AI models can deliver much of the performance of frontier models. Investors interpreted that view as a potential constraint on premium AI spending and IBM’s longer-term growth opportunity. Reuters IBM stock reaction article
• Negative Sentiment: Valuation remains a concern. Commentary from Seeking Alpha and Zacks characterized IBM as a high-margin company with comparatively modest growth, consulting challenges, meaningful debt and a premium valuation. That combination limits the margin for execution mistakes and helps explain why the stock has not sustained its post-earnings advance. Seeking Alpha IBM valuation article

Insider Buying and Selling

In other International Business Machines news, SVP Robert Thomas sold 25,000 shares of the business’s stock in a transaction dated 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 directly owned 47,800 shares in the company, valued at $11,009,296. The trade was a 34.34% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.27% of the company’s stock.

International Business Machines Profile

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.