Ameritas Advisory Services LLC Increases Holdings in International Business Machines Corporation $IBM

Key Points

• Ameritas Advisory Services increased its IBM stake by 60.4% in the second quarter, ending with 19,755 shares valued at approximately $5.56 million. Institutional investors collectively own 58.96% of IBM’s outstanding stock.
• IBM reported quarterly EPS of $2.93, matching estimates, while revenue of $17.16 billion fell short of forecasts but increased 1.1% year over year. The company maintains a quarterly dividend of $1.69 per share, representing a 2.7% yield.
• Analysts’ consensus rating remains “Moderate Buy”, with an average price target of $265.16. IBM is also expanding its AI presence through a large-scale Turkish credit bureau deployment and a NASA lunar foundation-model collaboration, though near-term financial benefits remain unclear.

Ameritas Advisory Services LLC increased its stake in International Business Machines Corporation (NYSE:IBM - Free Report) by 60.4% during the second quarter, according to its most recent filing with the SEC. The fund owned 19,755 shares of the technology company's stock after buying an additional 7,438 shares during the quarter. Ameritas Advisory Services LLC's holdings in International Business Machines were worth $5,555,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new position in International Business Machines in the second quarter valued at approximately $21,586,659,000. State Street Corp increased its position in International Business Machines by 1.0% in the fourth quarter. State Street Corp now owns 54,996,293 shares of the technology company's stock worth $16,290,452,000 after buying an additional 518,321 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of International Business Machines by 1.5% in the fourth quarter. Geode Capital Management LLC now owns 22,605,083 shares of the technology company's stock valued at $6,679,105,000 after buying an additional 336,069 shares during the period. Capital World Investors lifted its holdings in International Business Machines by 29.2% during the fourth quarter. Capital World Investors now owns 22,021,912 shares of the technology company's stock valued at $6,523,720,000 after purchasing an additional 4,976,756 shares during the last quarter. Finally, Bank of America Corp DE boosted its position in International Business Machines by 7.0% during the first quarter. Bank of America Corp DE now owns 16,063,653 shares of the technology company's stock worth $3,893,669,000 after purchasing an additional 1,049,602 shares during the period. 58.96% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about International Business Machines

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

• Positive Sentiment: IBM’s AI deployment with a Turkish credit bureau will process approximately 23 million transactions daily, providing evidence that its technology is being used at production scale. The contract’s financial value was not disclosed, limiting the immediate earnings impact. IBM's New AI Deal Must Handle 23 Million Transactions Daily
• Positive Sentiment: IBM’s collaboration with NASA to release an open-source lunar foundation model enhances its credibility in specialized AI. The model analyzes lunar data for features such as craters, ice deposits and volcanic activity, potentially supporting future government and research workloads. IBM Takes its AI Strategy Beyond Earth with NASA Lunar Model
• Positive Sentiment: Technical traders see IBM potentially breaking above the $239 resistance level after forming an ascending-triangle pattern. Sustained trading above that level could reinforce momentum and attract additional buyers. Stock of the Day: Did IBM Just Break Out?
• Neutral Sentiment: NVIDIA’s CUDA-Q Logical platform includes IBM quantum hardware in early benchmarking and could make hybrid GPU-quantum computing more practical. The development supports IBM’s long-term quantum ecosystem, but commercial revenue and adoption remain uncertain. Cashing in on the Qubit: NVIDIA Takes the Quantum Leap
• Neutral Sentiment: Europe’s green IT software market is forecast to more than double by 2031 as companies address sustainability reporting and energy optimization. IBM is listed among the potential beneficiaries, although the report does not identify new IBM revenue or contracts. Europe Green IT Software Forecasts Growth
• Negative Sentiment: Quiver Quantitative data shows an IBM senior vice president sold 25,000 shares, while broader insider activity over the past six months included no purchases. The sale may weigh modestly on sentiment, though it does not necessarily indicate a change in IBM’s fundamentals. IBM Stock Opinions on Recent Price Surge and AI Deals
• Negative Sentiment: IBM’s reported settlement of discrimination-related claims tied to Trump-era diversity, equity and inclusion policies adds legal and reputational risk, although the article provides limited detail on IBM’s payment or potential financial exposure. Consulting's Trump-era DEI Bill

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on IBM shares. Morgan Stanley reduced their target price on shares of International Business Machines from $293.00 to $190.00 and set an "equal weight" rating for the company in a research note on Thursday, July 23rd. Citigroup cut their price objective on shares of International Business Machines from $255.00 to $245.00 and set a "buy" rating for the company in a report on Friday, July 24th. Wedbush set a $350.00 price objective on International Business Machines in a report on Tuesday, June 2nd. Piper Sandler upgraded International Business Machines to an "overweight" rating in a research note on Tuesday, June 23rd. Finally, Roth Capital reaffirmed a "buy" rating on shares of International Business Machines in a report on Wednesday, June 3rd. Seventeen investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, International Business Machines has an average rating of "Moderate Buy" and a consensus price target of $265.16.

International Business Machines Trading Down 0.3%

Shares of International Business Machines stock opened at $248.39 on Wednesday. International Business Machines Corporation has a 1 year low of $199.19 and a 1 year high of $332.46. The firm has a market cap of $234.01 billion, a PE ratio of 22.04, a PEG ratio of 2.37 and a beta of 0.71. The company has a debt-to-equity ratio of 1.63, a current ratio of 0.79 and a quick ratio of 0.74. The company has a 50 day simple moving average of $234.72 and a two-hundred day simple moving average of $246.74.

International Business Machines (NYSE:IBM - Get Free Report) last issued its quarterly earnings results on Wednesday, July 22nd. The technology company reported $2.93 earnings per share (EPS) for the quarter, hitting the consensus estimate of $2.93. The firm had revenue of $17.16 billion during the quarter, compared to analyst estimates of $17.46 billion. International Business Machines had a return on equity of 35.65% and a net margin of 15.52%.The company's revenue was up 1.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.80 earnings per share. Analysts expect that International Business Machines Corporation will post 12.33 earnings per share for the current fiscal year.

International Business Machines Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Shareholders of record on Monday, August 10th were given a dividend of $1.69 per share. This represents a $6.76 annualized dividend and a yield of 2.7%. The ex-dividend date was Monday, August 10th. International Business Machines's dividend payout ratio is presently 59.98%.

Insider Activity

In other news, SVP Robert Thomas sold 25,000 shares of the stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $230.32, for a total transaction of $5,758,000.00. Following the completion of the sale, the senior vice president owned 47,800 shares of the company's stock, valued at approximately $11,009,296. This represents a 34.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.27% of the company's stock.

About International Business Machines

International Business Machines Corporation (IBM) is a global technology and consulting company that provides enterprise-focused hardware, software and services. Its offerings include hybrid cloud solutions, artificial intelligence, data and automation software, cybersecurity tools, IT infrastructure and technology consulting.

IBM develops and supports enterprise systems such as IBM Z mainframes, Power servers and storage products. Its software portfolio includes Red Hat hybrid cloud technologies, the watsonx platform for artificial intelligence and data management, application integration tools and cybersecurity solutions.

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