International Business Machines Corporation $IBM Shares Sold by Prospera Financial Services Inc

Prospera Financial Services Inc lowered its position in shares of International Business Machines Corporation (NYSE:IBM) by 10.3% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 44,175 shares of the technology company’s stock after selling 5,070 shares during the quarter. Prospera Financial Services Inc’s holdings in International Business Machines were worth $12,430,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Amarillo National Bank bought a new stake in International Business Machines in the second quarter worth about $220,000. Reliant Investment Management LLC boosted its position in shares of International Business Machines by 12.8% during the 2nd quarter. Reliant Investment Management LLC now owns 27,352 shares of the technology company’s stock valued at $7,692,000 after purchasing an additional 3,114 shares in the last quarter. Waddell & Associates LLC grew its stake in shares of International Business Machines by 30.1% in the 2nd quarter. Waddell & Associates LLC now owns 7,118 shares of the technology company’s stock worth $2,002,000 after purchasing an additional 1,648 shares during the last quarter. Independent Financial Group LLC grew its stake in shares of International Business Machines by 30.3% in the 2nd quarter. Independent Financial Group LLC now owns 32,302 shares of the technology company’s stock worth $9,084,000 after purchasing an additional 7,507 shares during the last quarter. Finally, Security National Bank raised its holdings in shares of International Business Machines by 25.8% in the 2nd quarter. Security National Bank now owns 30,105 shares of the technology company’s stock worth $8,466,000 after purchasing an additional 6,173 shares in the last quarter. 58.96% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. Robert W. Baird initiated coverage on shares of International Business Machines in a research note on Tuesday, July 21st. They set a “neutral” rating and a $230.00 target price for the company. Roth Capital restated a “buy” rating on shares of International Business Machines in a research report on Wednesday, June 3rd. Wedbush set a $350.00 price target on International Business Machines in a report on Tuesday, June 2nd. BMO Capital Markets cut their price objective on International Business Machines from $270.00 to $230.00 and set a “market perform” rating for the company in a research report on Thursday, July 23rd. Finally, Stifel Nicolaus reduced their price objective on International Business Machines from $290.00 to $235.00 and set a “buy” rating for the company in a research note on Monday, July 20th. Fifteen research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $265.40.

More International Business Machines News

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

• Positive Sentiment: IBM’s strategic partnership with OpenAI will embed OpenAI models and tools, including GPT-5.6, into IBM Consulting’s enterprise AI platform. IBM also plans to establish a dedicated OpenAI Practice and train thousands of consultants and engineers, potentially strengthening its position in regulated industries such as finance, government, telecommunications and retail. IBM partners with OpenAI to bolster enterprise AI push
• Positive Sentiment: IBM’s $240 million, multi-year agreement with Together AI will build an NVIDIA-powered AI inference cluster on IBM Cloud. Strong anticipated demand could support growth in IBM’s cloud infrastructure and high-performance AI workloads. Can IBM’s Together AI Cloud Deal Boost Its Growth Prospects?
• Positive Sentiment: IBM-reported research indicates that 85% of organizations planned to increase security spending by May, up from 64% during the prior period, as companies respond to frontier-AI cyber threats. This could benefit IBM’s cybersecurity, consulting and AI automation businesses. Frontier AI Threats Drive Companies to Boost Security Budgets
• Neutral Sentiment: Some coverage characterizes IBM as a relatively attractive technology investment because of its steadier earnings outlook, valuation and dividend, while other commentary highlights longer-term opportunities in quantum computing. These factors may provide support but are unlikely to resolve near-term growth concerns. AST SpaceMobile vs. IBM: Which Tech Stock is the Better Buy Now?
• Negative Sentiment: IBM’s shares have declined even after the OpenAI announcement, suggesting investors want evidence that the alliance can accelerate sales and profits. The partnership’s costs, implementation timeline and ability to convert consulting demand into recurring revenue remain key uncertainties. IBM Stock Drops Despite Major OpenAI Partnership
• Negative Sentiment: Bleichmar Fonti & Auld LLP announced an investigation into potential securities fraud following IBM’s significant stock decline. The announcement is primarily an attorney solicitation and does not establish wrongdoing, but it adds headline and litigation risk. IBM securities fraud investigation reminder

International Business Machines Stock Performance

Shares of IBM opened at $234.79 on Friday. International Business Machines Corporation has a one year low of $199.19 and a one year high of $332.46. The company has a 50-day moving average of $251.38 and a two-hundred day moving average of $253.20. The stock has a market cap of $221.20 billion, a price-to-earnings ratio of 20.83, a PEG ratio of 2.30 and a beta of 0.70. The company has a debt-to-equity ratio of 1.63, a current ratio of 0.79 and a quick ratio of 0.74.

International Business Machines (NYSE:IBM) last released its earnings results on Wednesday, July 22nd. The technology company reported $2.93 earnings per share for the quarter, hitting the consensus estimate of $2.93. International Business Machines had a net margin of 15.52% and a return on equity of 35.65%. The business had revenue of $17.16 billion for the quarter, compared to the consensus estimate of $17.46 billion. During the same period last year, the firm posted $2.80 earnings per share. The firm’s quarterly revenue was up 1.1% compared to the same quarter last year. On average, equities research analysts expect that International Business Machines Corporation will post 12.33 earnings per share for the current year.

International Business Machines Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Monday, August 10th will be given a dividend of $1.69 per share. This represents a $6.76 annualized dividend and a yield of 2.9%. The ex-dividend date is Monday, August 10th. International Business Machines’s payout ratio is presently 59.98%.

International Business Machines Company 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.