Tulsa Wealth Advisors INC Invests $1.34 Million in International Business Machines Corporation $IBM

Tulsa Wealth Advisors INC acquired a new position in International Business Machines Corporation (NYSE:IBM) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 4,510 shares of the technology company’s stock, valued at approximately $1,336,000.

Other institutional investors have also added to or reduced their stakes in the company. Integrated Investment Consultants LLC increased its position in International Business Machines by 108.6% during the 4th quarter. Integrated Investment Consultants LLC now owns 12,246 shares of the technology company’s stock valued at $3,627,000 after purchasing an additional 6,375 shares during the period. Koenig Investment Advisory LLC acquired a new position in shares of International Business Machines in the 4th quarter worth approximately $3,137,000. Reflection Asset Management bought a new stake in shares of International Business Machines in the 4th quarter valued at $1,371,000. CFO Capital Management LLC bought a new stake in shares of International Business Machines in the 4th quarter valued at $2,567,000. Finally, Clearwave Capital LLC acquired a new stake in shares of International Business Machines during the fourth quarter worth $482,000. 58.96% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on IBM shares. HSBC raised shares of International Business Machines from a “reduce” rating to a “hold” rating and lifted their target price for the stock from $218.00 to $231.00 in a research note on Tuesday, April 28th. Citigroup increased their price target on International Business Machines from $285.00 to $375.00 and gave the stock a “buy” rating in a report on Tuesday, June 2nd. Roth Mkm reissued a “buy” rating on shares of International Business Machines in a research report on Wednesday, June 3rd. Barclays assumed coverage on International Business Machines in a research note on Monday, June 1st. They issued an “overweight” rating and a $350.00 price objective on the stock. Finally, 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 report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, International Business Machines presently has a consensus rating of “Moderate Buy” and a consensus target price of $304.17.

International Business Machines News Summary

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

• Positive Sentiment: IBM continued to expand its enterprise software footprint, including a successful IBM Maximo SaaS migration for a major Asia-Pacific resort operator, which highlights demand for its cloud and asset-management offerings. Sedin Technologies Completes IBM Maximo Application Suite SaaS Migration for Major Asia-Pacific Resort Operator Across Five Properties
• Positive Sentiment: IBM was also mentioned as a partner in ServiceNow’s expanding AI governance ecosystem, suggesting ongoing relevance in enterprise AI and workflow modernization initiatives. Is ServiceNow (NOW) Quietly Becoming the Core Orchestrator of Enterprise AI Governance?
• Neutral Sentiment: IBM unveiled new Z platform security tools, including zSecure Detection and Secret Manager, reinforcing its mainframe security story, but the announcement did not outweigh broader selling pressure. IBM (IBM) Stock Drops Over 5% as New Mainframe Security Suite Launches
• Negative Sentiment: IBM’s stock is being weighed down by a sector-wide read-through from Accenture’s revenue warning, which renewed concerns about demand in IT services ahead of IBM’s July 22 earnings report. Here’s why the IBM stock is falling after the Accenture earnings
• Negative Sentiment: Additional articles noted IBM’s sharp retreat as investors rotated out of IT services names after Accenture cut guidance, adding to recent downside momentum in the shares. Why Is IBM Stock Declining On Thursday?

International Business Machines Trading Up 0.2%

IBM opened at $249.72 on Friday. The company has a fifty day moving average price of $251.46 and a two-hundred day moving average price of $268.77. International Business Machines Corporation has a 1-year low of $212.34 and a 1-year high of $332.46. The company has a market cap of $234.71 billion, a P/E ratio of 22.08, a price-to-earnings-growth ratio of 2.58 and a beta of 0.67. The company has a current ratio of 0.80, a quick ratio of 0.76 and a debt-to-equity ratio of 1.75.

International Business Machines (NYSE:IBM) last released its quarterly earnings data on Wednesday, April 22nd. The technology company reported $1.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.81 by $0.10. The company had revenue of $15.92 billion for the quarter, compared to analysts’ expectations of $15.60 billion. International Business Machines had a net margin of 15.61% and a return on equity of 37.23%. The business’s revenue was up 9.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.60 EPS. Analysts predict that International Business Machines Corporation will post 12.38 EPS for the current fiscal year.

International Business Machines Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Friday, May 8th were paid a dividend of $1.69 per share. This is an increase from International Business Machines’s previous quarterly dividend of $1.68. The ex-dividend date of this dividend was Friday, May 8th. This represents a $6.76 dividend on an annualized basis and a yield of 2.7%. International Business Machines’s dividend payout ratio (DPR) is currently 59.77%.

International Business Machines Profile

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.