Quantinno Capital Management LP Has $87.34 Million Stake in International Business Machines Corporation $IBM

Quantinno Capital Management LP boosted its holdings in International Business Machines Corporation (NYSE:IBM) by 23.3% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 360,342 shares of the technology company’s stock after buying an additional 68,122 shares during the period. Quantinno Capital Management LP’s holdings in International Business Machines were worth $87,343,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of IBM. Gateway Wealth Partners LLC raised its position in shares of International Business Machines by 266.3% in the 1st quarter. Gateway Wealth Partners LLC now owns 7,129 shares of the technology company’s stock valued at $1,728,000 after acquiring an additional 5,183 shares during the period. Quadcap Wealth Management LLC grew its holdings in International Business Machines by 5.4% during the first quarter. Quadcap Wealth Management LLC now owns 3,604 shares of the technology company’s stock valued at $874,000 after purchasing an additional 185 shares during the period. Everest Financial Group LLC bought a new stake in International Business Machines in the first quarter valued at approximately $478,000. OMERS ADMINISTRATION Corp boosted its position in shares of International Business Machines by 36.0% during the first quarter. OMERS ADMINISTRATION Corp now owns 63,361 shares of the technology company’s stock worth $15,358,000 after purchasing an additional 16,756 shares in the last quarter. Finally, FreeGulliver LLC grew its holdings in shares of International Business Machines by 21.4% in the 1st quarter. FreeGulliver LLC now owns 840 shares of the technology company’s stock valued at $204,000 after buying an additional 148 shares during the period. 58.96% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have issued reports on IBM shares. Piper Sandler raised International Business Machines to an “overweight” rating in a research note on Tuesday, June 23rd. HSBC set a $175.00 price target on International Business Machines and gave the stock a “reduce” rating in a research report on Thursday, July 16th. Wall Street Zen lowered International Business Machines from a “hold” rating to a “sell” rating in a research report on Saturday, July 18th. Morgan Stanley dropped their target price on shares of International Business Machines from $293.00 to $190.00 and set an “equal weight” rating on the stock in a report on Thursday. Finally, Citigroup cut their price target on shares of International Business Machines from $255.00 to $245.00 and set a “buy” rating on the stock in a research note on Friday. Fifteen research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, International Business Machines presently has an average rating of “Moderate Buy” and a consensus target price of $265.40.

International Business Machines News Roundup

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

• Positive Sentiment: IBM’s blockchain intellectual property attracted a strategic buyer. Circle is acquiring more than 680 patent families, representing nearly 1,000 issued patents worldwide, covering blockchain, banking, insurance, enterprise infrastructure and supply-chain applications. The transaction validates IBM’s technology portfolio and could provide proceeds while allowing Circle to expand its USDC stablecoin and payments businesses. Financial terms were not disclosed. USDC issuer Circle to acquire nearly 1,000 IBM blockchain patents
• Neutral Sentiment: The patent deal appears strategically positive but has limited immediate financial visibility. Coverage highlights IBM’s role in blockchain infrastructure and Circle’s view that the acquisition creates a leading U.S. blockchain patent position. However, IBM did not disclose the purchase price, so investors cannot yet assess the transaction’s near-term earnings or cash-flow impact. Circle Buys IBM’s Blockchain Patents to Boost Payments Network
• Negative Sentiment: Legal and operating concerns continue to weigh on IBM’s investment case. Bleichmar Fonti & Auld announced an investigation into potential securities-fraud claims following IBM’s recent stock decline and disclosures involving a deal shortfall and slower product momentum. The investigation is an allegation, not a finding of wrongdoing, but it adds headline and litigation risk. IBM Investigation: BFA Law Reviews Potential Securities Fraud Claims
• Negative Sentiment: Recent earnings commentary remains a key overhang. IBM’s latest quarter matched adjusted EPS expectations but revenue came in below consensus, while management acknowledged execution problems and a slowdown in products. Reports also point to customers directing more AI budgets toward hardware, raising questions about IBM’s ability to capture growth from enterprise AI spending. IBM Survived One AI Scare in February. This One Might Be Different.

International Business Machines Price Performance

NYSE IBM opened at $215.93 on Tuesday. The firm’s 50 day moving average is $262.78 and its 200-day moving average is $259.65. The company has a quick ratio of 0.74, a current ratio of 0.79 and a debt-to-equity ratio of 1.63. The company has a market capitalization of $202.95 billion, a PE ratio of 19.16, a price-to-earnings-growth ratio of 2.10 and a beta of 0.68. International Business Machines Corporation has a 12-month low of $199.19 and a 12-month high of $332.46.

International Business Machines (NYSE:IBM) last announced its earnings results on Wednesday, July 22nd. The technology company reported $2.93 EPS for the quarter, hitting the consensus estimate of $2.93. The business had revenue of $17.16 billion during the quarter, compared to analysts’ expectations of $17.46 billion. International Business Machines had a net margin of 15.52% and a return on equity of 35.65%. The firm’s revenue was up 1.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.80 earnings per share. Equities research analysts anticipate that International Business Machines Corporation will post 12.34 earnings per share for the current fiscal year.

International Business Machines Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Monday, August 10th will be given a dividend of $1.69 per share. The ex-dividend date of this dividend is Monday, August 10th. This represents a $6.76 annualized dividend and a yield of 3.1%. International Business Machines’s dividend payout ratio is 59.98%.

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.