Approach Retirement Advisors LLC Acquires New Holdings in International Business Machines Corporation $IBM

Key Points

• Approach Retirement Advisors LLC acquired a new stake of 2,497 shares of IBM in the fourth quarter, valued at approximately $740,000.
• Insider purchases were reported recently—Director Michael Miebach bought 434 shares at $233.33 and Director David N. Farr bought 1,000 shares at $304—totaling 1,484 shares (~$417,157) in the last three months.
• IBM beat Q1 estimates (EPS $1.91 vs $1.81; revenue $15.92B vs $15.60B), raised its quarterly dividend to $1.69 (31st consecutive annual raise), and holds a MarketBeat consensus of "Moderate Buy" with an average price target of $300.25.

Approach Retirement Advisors LLC acquired a new stake in International Business Machines Corporation (NYSE:IBM - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 2,497 shares of the technology company's stock, valued at approximately $740,000.

A number of other large investors have also added to or reduced their stakes in the business. Family CFO Inc bought a new position in International Business Machines during the 4th quarter worth approximately $25,000. Mountain Hill Investment Partners Corp. bought a new position in International Business Machines during the 3rd quarter worth approximately $28,000. SWAN Capital LLC bought a new position in International Business Machines during the 3rd quarter worth approximately $28,000. DecisionPoint Financial LLC raised its holdings in International Business Machines by 1,666.7% during the 4th quarter. DecisionPoint Financial LLC now owns 106 shares of the technology company's stock worth $31,000 after purchasing an additional 100 shares during the last quarter. Finally, Trifecta Capital Advisors LLC raised its holdings in International Business Machines by 129.1% during the 3rd quarter. Trifecta Capital Advisors LLC now owns 126 shares of the technology company's stock worth $36,000 after purchasing an additional 71 shares during the last quarter. Institutional investors own 58.96% of the company's stock.

Insider Activity

In other International Business Machines news, Director Michael Miebach acquired 434 shares of the business's stock in a transaction dated Wednesday, February 25th. The stock was bought at an average price of $233.33 per share, with a total value of $101,265.22. Following the completion of the acquisition, the director owned 434 shares of the company's stock, valued at $101,265.22. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director David N. Farr acquired 1,000 shares of the business's stock in a transaction dated Friday, January 30th. The shares were acquired at an average cost of $304.00 per share, with a total value of $304,000.00. Following the acquisition, the director directly owned 9,258 shares of the company's stock, valued at $2,814,432. This represents a 12.11% increase in their position. The SEC filing for this purchase provides additional information. Insiders have bought 1,484 shares of company stock valued at $417,157 in the last three months. 0.27% of the stock is owned by insiders.

International Business Machines Stock Up 0.3%

Shares of NYSE IBM opened at $231.88 on Friday. International Business Machines Corporation has a 12 month low of $220.72 and a 12 month high of $324.90. The company has a current ratio of 0.80, a quick ratio of 0.92 and a debt-to-equity ratio of 1.75. The firm has a market capitalization of $217.51 billion, a price-to-earnings ratio of 20.50, a PEG ratio of 2.42 and a beta of 0.69. The business has a 50-day moving average of $245.87 and a 200-day moving average of $280.46.

International Business Machines (NYSE:IBM - Get Free Report) last issued its quarterly earnings data on Wednesday, April 22nd. The technology company reported $1.91 EPS for the quarter, topping the consensus estimate of $1.81 by $0.10. International Business Machines had a return on equity of 37.23% and a net margin of 15.61%.The company had revenue of $15.92 billion during the quarter, compared to analyst estimates of $15.60 billion. During the same quarter in the previous year, the firm earned $1.60 earnings per share. International Business Machines's revenue was up 9.5% on a year-over-year basis. Sell-side analysts expect that International Business Machines Corporation will post 12.33 earnings per share for the current fiscal year.

International Business Machines Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Friday, May 8th will be issued a dividend of $1.69 per share. The ex-dividend date of this dividend is Friday, May 8th. This is a positive change from International Business Machines's previous quarterly dividend of $1.68. This represents a $6.76 annualized dividend and a dividend yield of 2.9%. International Business Machines's payout ratio is presently 60.27%.

Analysts Set New Price Targets

IBM has been the subject of several research analyst reports. Royal Bank Of Canada lowered their price objective on shares of International Business Machines from $361.00 to $330.00 and set an "outperform" rating for the company in a research note on Friday, April 17th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of International Business Machines in a report on Tuesday. Jefferies Financial Group cut their price objective on shares of International Business Machines from $370.00 to $320.00 and set a "buy" rating on the stock in a report on Monday. Oppenheimer cut their price target on shares of International Business Machines from $380.00 to $320.00 and set an "outperform" rating on the stock in a report on Thursday, April 16th. Finally, Evercore boosted their price objective on International Business Machines from $330.00 to $345.00 and gave the company an "outperform" rating in a research note on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $300.25.

Trending Headlines about International Business Machines

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

• Positive Sentiment: DZ Bank upgraded IBM to Buy with a $295 price target, giving bullish analyst support and a clear catalyst for buyers. DZ Bank Upgrades IBM to Buy With a $295 Price Target
• Positive Sentiment: IBM unveiled a new AI model aimed at better understanding fusion plasma — a positive long-term innovation narrative that supports IBM’s AI/technology credentials beyond near-term software metrics. IBM’s New AI Model Could Help Unlock Fusion Power
• Positive Sentiment: IBM raised its quarterly dividend to $1.69 (31st consecutive annual raise), which supports income-focused investor demand. What IBM's Q1 Beat and 31st Dividend Hike Mean
• Neutral Sentiment: IBM beat Q1 revenue and EPS estimates (revenue ~$15.9B, EPS $1.91) but management largely reiterated full‑year guidance — the beat removes one concern but the unchanged outlook limits upside momentum. IBM Q1 Deep Dive
• Neutral Sentiment: Broader market and sector context (software volatility, geopolitical oil/Strait of Hormuz risks) are contributing background noise that can amplify short-term swings but aren’t IBM‑specific fundamentals. US software stocks slide as IBM, ServiceNow results reignite AI disruption fears
• Negative Sentiment: Investors punished the stock after earnings because software growth was viewed as underwhelming versus AI hype; this sparked a sharp post‑earnings selloff (double‑digit moves intraday in recent sessions). IBM slides 8% as investors digest Q1 beat
• Negative Sentiment: Some analysts trimmed targets or expressed concern about near‑term AI monetization, including a recent target cut that helped fuel selling pressure. Stock Down After Analyst Target Cut

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.

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