RoundAngle Advisors LLC Boosts Holdings in International Business Machines Corporation $IBM

RoundAngle Advisors LLC lifted its stake in International Business Machines Corporation (NYSE:IBM) by 4.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 9,107 shares of the technology company’s stock after purchasing an additional 347 shares during the period. International Business Machines accounts for about 2.2% of RoundAngle Advisors LLC’s investment portfolio, making the stock its 15th biggest holding. RoundAngle Advisors LLC’s holdings in International Business Machines were worth $2,685,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Family CFO Inc bought a new position in shares of International Business Machines during the second quarter valued at approximately $25,000. Christopher J. Hasenberg Inc bought a new position in shares of International Business Machines during the first quarter valued at approximately $27,000. SSA Swiss Advisors AG purchased a new position in International Business Machines in the first quarter worth about $28,000. Dagco Inc. purchased a new position in shares of International Business Machines during the first quarter valued at approximately $31,000. Finally, Silicon Valley Capital Partners boosted its position in shares of International Business Machines by 322.6% in the first quarter. Silicon Valley Capital Partners now owns 131 shares of the technology company’s stock worth $32,000 after purchasing an additional 100 shares during the period. 58.96% of the stock is owned by hedge funds and other institutional investors.

International Business Machines Trading Down 3.5%

NYSE IBM opened at $278.09 on Monday. The firm’s 50-day moving average is $258.19 and its two-hundred day moving average is $260.78. International Business Machines Corporation has a 12 month low of $203.51 and a 12 month high of $301.04. The company has a debt-to-equity ratio of 2.00, a current ratio of 0.91 and a quick ratio of 0.87. The stock has a market capitalization of $258.45 billion, a P/E ratio of 45.14, a PEG ratio of 4.28 and a beta of 0.73.

International Business Machines (NYSE:IBM) last posted its earnings results on Wednesday, July 23rd. The technology company reported $2.80 EPS for the quarter, beating analysts’ consensus estimates of $2.65 by $0.15. The company had revenue of $16.98 billion for the quarter, compared to analysts’ expectations of $16.58 billion. International Business Machines had a net margin of 9.11% and a return on equity of 37.62%. International Business Machines’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.43 earnings per share. International Business Machines has set its FY 2025 guidance at EPS. On average, sell-side analysts anticipate that International Business Machines Corporation will post 10.78 earnings per share for the current year.

International Business Machines Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 10th. Stockholders of record on Friday, August 8th were given a dividend of $1.68 per share. The ex-dividend date was Friday, August 8th. This represents a $6.72 dividend on an annualized basis and a dividend yield of 2.4%. International Business Machines’s dividend payout ratio (DPR) is 109.09%.

Wall Street Analyst Weigh In

Several research firms have commented on IBM. UBS Group increased their price objective on shares of International Business Machines from $195.00 to $200.00 and gave the company a “sell” rating in a research report on Thursday, July 24th. Sanford C. Bernstein assumed coverage on shares of International Business Machines in a report on Monday, September 15th. They set a “market perform” rating and a $280.00 target price for the company. Stifel Nicolaus lifted their target price on shares of International Business Machines from $290.00 to $310.00 and gave the company a “buy” rating in a report on Wednesday, July 16th. The Goldman Sachs Group lifted their target price on shares of International Business Machines from $270.00 to $310.00 and gave the company a “buy” rating in a report on Wednesday, July 2nd. Finally, BMO Capital Markets lifted their target price on shares of International Business Machines from $260.00 to $300.00 and gave the company a “market perform” rating in a report on Friday, July 18th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $284.62.

About International Business Machines

International Business Machines Corporation, together with its subsidiaries, provides integrated solutions and services worldwide. The company operates through Software, Consulting, Infrastructure, and Financing segments. The Software segment offers a hybrid cloud and AI platforms that allows clients to realize their digital and AI transformations across the applications, data, and environments in which they operate.