Arlington Financial Advisors LLC Makes New Investment in International Business Machines Co. (NYSE:IBM)

Arlington Financial Advisors LLC purchased a new position in International Business Machines Co. (NYSE:IBM - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,245 shares of the technology company's stock, valued at approximately $558,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Compass Financial Services Inc purchased a new stake in shares of International Business Machines in the 4th quarter valued at approximately $26,000. Vision Financial Markets LLC acquired a new position in International Business Machines during the 4th quarter worth approximately $31,000. Rialto Wealth Management LLC purchased a new stake in shares of International Business Machines during the 4th quarter worth approximately $35,000. Tacita Capital Inc lifted its position in shares of International Business Machines by 174.3% during the 4th quarter. Tacita Capital Inc now owns 192 shares of the technology company's stock worth $42,000 after buying an additional 122 shares during the last quarter. Finally, Measured Risk Portfolios Inc. purchased a new stake in shares of International Business Machines during the 4th quarter worth approximately $43,000. 58.96% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts recently commented on the stock. The Goldman Sachs Group reiterated a "buy" rating on shares of International Business Machines in a research report on Wednesday, February 5th. KGI Securities set a $242.00 price objective on shares of International Business Machines and gave the stock a "hold" rating in a research report on Thursday, April 24th. UBS Group reaffirmed a "sell" rating and set a $170.00 price target (up from $160.00) on shares of International Business Machines in a research note on Wednesday, April 23rd. Oppenheimer started coverage on shares of International Business Machines in a research note on Tuesday, February 11th. They issued an "outperform" rating and a $320.00 price objective on the stock. Finally, Wedbush reissued an "outperform" rating and issued a $300.00 price objective on shares of International Business Machines in a research note on Wednesday, May 7th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, International Business Machines presently has a consensus rating of "Hold" and a consensus target price of $249.06.

International Business Machines Trading Up 0.5%

Shares of IBM traded up $1.37 during mid-day trading on Thursday, reaching $266.89. The company had a trading volume of 1,043,439 shares, compared to its average volume of 4,203,822. The firm has a fifty day simple moving average of $247.45 and a 200-day simple moving average of $240.98. International Business Machines Co. has a fifty-two week low of $165.78 and a fifty-two week high of $269.28. The company has a current ratio of 1.04, a quick ratio of 1.00 and a debt-to-equity ratio of 1.82. The stock has a market cap of $248.05 billion, a price-to-earnings ratio of 41.64, a price-to-earnings-growth ratio of 5.81 and a beta of 0.64.

International Business Machines (NYSE:IBM - Get Free Report) last issued its earnings results on Wednesday, April 23rd. The technology company reported $1.60 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.42 by $0.18. The business had revenue of $14.54 billion for the quarter, compared to analyst estimates of $14.41 billion. International Business Machines had a net margin of 9.60% and a return on equity of 38.99%. The company's revenue for the quarter was up .5% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.68 EPS. On average, sell-side analysts anticipate that International Business Machines Co. will post 10.78 EPS for the current fiscal year.

International Business Machines Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 10th. Investors of record on Friday, May 9th will be paid a dividend of $1.68 per share. This is a positive change from International Business Machines's previous quarterly dividend of $1.67. This represents a $6.72 annualized dividend and a yield of 2.52%. International Business Machines's dividend payout ratio is 115.66%.

International Business Machines Profile

International Business Machines Corporation, together with its subsidiaries, provides integrated solutions and services worldwide. The company operates through Software, Consulting, Infrastructure, and Financing segments. The Software segment offers a hybrid cloud and AI platforms that allows clients to realize their digital and AI transformations across the applications, data, and environments in which they operate.