Andra AP fonden Has $37.90 Million Stock Holdings in International Business Machines Corporation $IBM

Key Points

• Andra AP fonden increased its IBM stake by 9.7% in the second quarter, acquiring 11,880 additional shares and bringing its holdings to 134,780 shares valued at approximately $37.9 million. Institutional investors and hedge funds collectively own 58.96% of IBM.
• IBM’s latest quarter met EPS expectations at $2.93, while revenue rose 1.1% year over year to $17.16 billion but fell short of estimates. The company maintains a quarterly dividend of $1.69, equivalent to a 2.9% annualized yield.
• Analysts remain generally positive, with a consensus “Moderate Buy” rating and an average price target of $265.16 versus the stock’s reported price of $230.80. However, IBM faces concerns over heavy quantum-computing investment and uncertain commercial returns.

Andra AP fonden increased its stake in International Business Machines Corporation (NYSE:IBM - Free Report) by 9.7% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 134,780 shares of the technology company's stock after purchasing an additional 11,880 shares during the period. Andra AP fonden's holdings in International Business Machines were worth $37,901,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of IBM. State Street Corp boosted its position in shares of International Business Machines by 2.7% during the 2nd quarter. State Street Corp now owns 56,045,055 shares of the technology company's stock worth $15,760,430,000 after acquiring an additional 1,450,562 shares in the last quarter. Security National Bank of SO Dak bought a new stake in International Business Machines during the second quarter worth $50,000. Wellington Altus USA Inc. lifted its stake in International Business Machines by 44.6% during the second quarter. Wellington Altus USA Inc. now owns 726 shares of the technology company's stock worth $204,000 after purchasing an additional 224 shares during the last quarter. Anchor Investment Management LLC boosted its holdings in shares of International Business Machines by 4.4% in the 2nd quarter. Anchor Investment Management LLC now owns 8,721 shares of the technology company's stock valued at $2,452,000 after purchasing an additional 366 shares in the last quarter. Finally, Reynders McVeigh Capital Management LLC increased its stake in shares of International Business Machines by 5.2% in the 2nd quarter. Reynders McVeigh Capital Management LLC now owns 150,929 shares of the technology company's stock valued at $42,443,000 after purchasing an additional 7,403 shares during the last quarter. Institutional investors and hedge funds own 58.96% of the company's stock.

Key Headlines Impacting International Business Machines

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

• Positive Sentiment: IBM and Marist University launched an Innovation Incubator using the IBM z17 mainframe to support AI research, student training and career readiness. The initiative expands a 50-year relationship and could strengthen IBM’s long-term pipeline of z17, hybrid-cloud and AI users, although it is unlikely to materially affect near-term revenue. Marist University and IBM Launch Innovation Incubator
• Positive Sentiment: IBM’s integration of Arm technology into its enterprise mainframes highlights the company’s effort to support changing AI and data-center workloads. Greater processor flexibility could improve IBM’s competitiveness as agentic AI expands, though the report provides no direct financial guidance. IBM Mainframe Arm Integration
• Neutral Sentiment: IBM’s workforce study found a significant gap between the AI oversight skills employers want and the skills employees prioritize. The findings reinforce demand for IBM’s consulting, training and governance services, but the study itself does not represent a new contract or revenue forecast. IBM CHRO Study
• Negative Sentiment: IBM’s roughly $2 billion investment to build a quantum-manufacturing platform is weighing on sentiment because external demand for quantum wafers remains uncertain. Federal matching capital should reduce IBM’s burden, but investors may remain concerned about elevated spending and the timing of commercial returns. IBM Quantum Manufacturing Platform
• Negative Sentiment: Commentary linking IBM CEO Arvind Krishna to concerns about quantum-computing threats to Bitcoin adds reputational noise, but has little direct implication for IBM’s operating results. Bitcoin and Quantum Computing Commentary

Insiders Place Their Bets

In other International Business Machines news, SVP Robert Thomas sold 25,000 shares of the company's stock in a transaction dated Wednesday, August 26th. The stock was sold at an average price of $230.32, for a total value of $5,758,000.00. Following the sale, the senior vice president owned 47,800 shares in the company, valued at approximately $11,009,296. The trade was a 34.34% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 0.27% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the company. The Goldman Sachs Group set a $270.00 price target on International Business Machines in a report on Thursday, July 23rd. Jefferies Financial Group lowered their target price on International Business Machines from $320.00 to $260.00 and set a "buy" rating for the company in a research note on Tuesday, July 21st. Bank of America increased their target price on shares of International Business Machines from $315.00 to $330.00 and gave the stock a "buy" rating in a report on Monday, July 6th. Citigroup reduced 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, July 24th. Finally, Susquehanna upped their price objective on shares of International Business Machines from $225.00 to $235.00 and gave the stock a "neutral" rating in a research report on Monday, August 31st. Seventeen research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $265.16.

International Business Machines Trading Down 0.5%

NYSE IBM traded down $1.13 during trading hours on Tuesday, reaching $230.80. The company's stock had a trading volume of 1,817,669 shares, compared to its average volume of 7,677,835. The firm has a fifty day simple moving average of $229.96 and a 200-day simple moving average of $246.54. 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 Corporation has a 52 week low of $199.19 and a 52 week high of $332.46. The stock has a market cap of $217.44 billion, a P/E ratio of 20.53, a P/E/G ratio of 2.19 and a beta of 0.71.

International Business Machines (NYSE:IBM - Get Free Report) last posted its earnings results on Wednesday, July 22nd. The technology company reported $2.93 earnings per share for the quarter, hitting analysts' consensus estimates of $2.93. The firm had revenue of $17.16 billion for the quarter, compared to analyst estimates of $17.46 billion. International Business Machines had a net margin of 15.52% and a return on equity of 35.65%. The company's revenue for the quarter was up 1.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.80 EPS. Equities analysts forecast 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 disclosed a quarterly dividend, which was paid on Thursday, September 10th. Investors of record on Monday, August 10th were paid a $1.69 dividend. The ex-dividend date of this dividend was Monday, August 10th. This represents a $6.76 annualized dividend and a dividend yield of 2.9%. International Business Machines's payout ratio is currently 59.98%.

International Business Machines Company Profile

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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