47,036 Shares in International Business Machines Corporation $IBM Purchased by PBU The Pension Fund of Early Childhood & Youth Educators

PBU The Pension Fund of Early Childhood & Youth Educators acquired a new position in shares of International Business Machines Corporation (NYSE:IBM) during the fourth quarter, Holdings Channel.com reports. The fund acquired 47,036 shares of the technology company’s stock, valued at approximately $13,933,000.

A number of other institutional investors have also added to or reduced their stakes in the stock. FLC Capital Advisors lifted its holdings in International Business Machines by 0.4% during the 4th quarter. FLC Capital Advisors now owns 28,056 shares of the technology company’s stock worth $8,310,000 after purchasing an additional 119 shares in the last quarter. Flagship Wealth Advisors LLC increased its stake in International Business Machines by 8.1% in the 4th quarter. Flagship Wealth Advisors LLC now owns 2,743 shares of the technology company’s stock worth $812,000 after acquiring an additional 205 shares during the last quarter. TruNorth Capital Management LLC increased its stake in International Business Machines by 14.7% in the 4th quarter. TruNorth Capital Management LLC now owns 1,846 shares of the technology company’s stock worth $547,000 after acquiring an additional 236 shares during the last quarter. Total Wealth Planning & Management Inc. bought a new position in International Business Machines in the 4th quarter worth about $329,000. Finally, Lifestyle Asset Management Inc. increased its stake in International Business Machines by 4.3% in the 4th quarter. Lifestyle Asset Management Inc. now owns 2,549 shares of the technology company’s stock worth $755,000 after acquiring an additional 105 shares during the last quarter. Hedge funds and other institutional investors own 58.96% of the company’s stock.

International Business Machines News Summary

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

• Positive Sentiment: Wedbush reportedly reset its IBM price target, citing stronger AI momentum and continued demand for IBM’s enterprise software and consulting offerings.
• Positive Sentiment: IBM’s new strategic partnership with Google Cloud to scale enterprise AI adoption is being seen as a meaningful growth driver, with the deal aimed at helping customers modernize systems and bring AI into production faster. IBM and Google Cloud Announce Strategic Partnership to Scale AI with Human Expertise and AI‑Powered Delivery
• Positive Sentiment: Several market commentary pieces highlighted IBM’s large quantum-computing investment as a long-term catalyst, with some analysts saying the company is strengthening its position in an emerging high-growth market. IBM Stock’s $10 Billion Quantum Catalyst Is Here
• Positive Sentiment: Citi also pointed to IBM’s growing role in quantum computing, reinforcing the view that the company’s heavy spending could secure a leadership position in a market with major future upside.
• Neutral Sentiment: IBM shares were included in broader market coverage of stocks making big moves, reflecting elevated trading interest but not adding a clearly new company-specific catalyst.
• Negative Sentiment: A former IBM cybersecurity executive accused the company of covering up multiple foreign-government data breaches over the past decade, raising potential reputational and legal risks. Former cyber executive turned whistleblower accuses IBM of covering up several data breaches
• Negative Sentiment: Another report repeated allegations that IBM and AT&T concealed foreign hacks, which could weigh on investor sentiment if the claims gain traction.

International Business Machines Price Performance

Shares of International Business Machines stock opened at $285.06 on Friday. The company has a current ratio of 0.80, a quick ratio of 0.76 and a debt-to-equity ratio of 1.75. The firm has a market capitalization of $267.93 billion, a PE ratio of 25.20, a price-to-earnings-growth ratio of 3.13 and a beta of 0.67. The business’s 50-day moving average price is $246.48 and its 200-day moving average price is $270.94. International Business Machines Corporation has a 12 month low of $212.34 and a 12 month high of $332.46.

International Business Machines (NYSE:IBM) last announced its quarterly earnings data on Wednesday, April 22nd. The technology company reported $1.91 EPS for the quarter, beating the consensus estimate of $1.81 by $0.10. The firm had revenue of $15.92 billion for the quarter, compared to analyst estimates of $15.60 billion. International Business Machines had a return on equity of 37.23% and a net margin of 15.61%.The company’s revenue was up 9.5% on a year-over-year basis. During the same period in the prior year, the company earned $1.60 EPS. Sell-side analysts forecast that International Business Machines Corporation will post 12.4 EPS for the current fiscal year.

International Business Machines Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Friday, May 8th will be given a dividend of $1.69 per share. This is a boost from International Business Machines’s previous quarterly dividend of $1.68. The ex-dividend date is Friday, May 8th. This represents a $6.76 annualized dividend and a dividend yield of 2.4%. International Business Machines’s dividend payout ratio is currently 59.77%.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. Barclays assumed coverage on International Business Machines in a research note on Monday. They issued an “overweight” rating and a $350.00 target price on the stock. Wedbush set a $350.00 target price on International Business Machines in a research note on Tuesday. DZ Bank upgraded International Business Machines from a “hold” rating to a “buy” rating and set a $295.00 target price on the stock in a research note on Friday, April 24th. Royal Bank Of Canada restated an “outperform” rating on shares of International Business Machines in a research note on Thursday, May 28th. Finally, UBS Group upgraded International Business Machines from a “sell” rating to a “neutral” rating and set a $236.00 target price on the stock in a research note on Wednesday, February 25th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $304.17.

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.