Blue Edge Capital LLC Invests $2.35 Million in International Business Machines Corporation $IBM

Key Points

• Blue Edge Capital purchased 8,340 IBM shares worth approximately $2.35 million in the second quarter. Institutional investors and hedge funds collectively own 58.96% of IBM’s outstanding stock.
• IBM reported quarterly earnings of $2.93 per share, matching analyst estimates, while revenue rose 1.1% year over year to $17.16 billion but fell short of expectations.
• IBM announced a quarterly dividend of $1.69 per share, equivalent to a 2.8% annualized yield. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $265.90, although an IBM senior vice president recently sold 25,000 shares.

Blue Edge Capital LLC purchased a new position in shares of International Business Machines Corporation (NYSE:IBM - Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 8,340 shares of the technology company's stock, valued at approximately $2,345,000.

Several other hedge funds have also recently added to or reduced their stakes in IBM. BlackRock Inc. purchased a new stake in shares of International Business Machines during the second quarter worth $21,586,659,000. Bank of America Corp DE acquired a new stake in shares of International Business Machines in the second quarter valued at about $4,214,868,000. Bank of New York Mellon Corp purchased a new position in shares of International Business Machines in the second quarter worth about $2,606,782,000. Norges Bank purchased a new position in shares of International Business Machines in the fourth quarter worth about $2,446,429,000. Finally, Legal & General Group Plc acquired a new position in International Business Machines during the second quarter worth about $1,874,733,000. 58.96% of the stock is owned by institutional investors and hedge funds.

International Business Machines Price Performance

Shares of IBM opened at $240.12 on Thursday. The firm has a 50-day simple moving average of $238.89 and a two-hundred day simple moving average of $246.54. The stock has a market cap of $226.22 billion, a PE ratio of 21.31, a P/E/G ratio of 2.21 and a beta of 0.71. International Business Machines Corporation has a 1-year low of $199.19 and a 1-year high of $332.46. 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 - Get Free Report) last released its quarterly earnings results on Wednesday, July 22nd. The technology company reported $2.93 EPS for the quarter, hitting analysts' consensus estimates of $2.93. International Business Machines had a return on equity of 35.65% and a net margin of 15.52%.The company had revenue of $17.16 billion for the quarter, compared to analysts' expectations of $17.46 billion. During the same period in the prior year, the firm earned $2.80 earnings per share. The firm's revenue was up 1.1% compared to the same quarter last year. As a group, analysts forecast that International Business Machines Corporation will post 12.33 EPS for the current year.

International Business Machines Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Monday, August 10th will be issued a dividend of $1.69 per share. This represents a $6.76 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Monday, August 10th. International Business Machines's dividend payout ratio (DPR) is 59.98%.

Insider Buying and Selling

In other International Business Machines news, SVP Robert Thomas sold 25,000 shares of International Business Machines 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 completion of the transaction, the senior vice president directly owned 47,800 shares of the company's stock, valued at $11,009,296. The trade was a 34.34% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.27% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of analysts have commented on IBM shares. BMO Capital Markets cut their price objective on shares of International Business Machines from $270.00 to $230.00 and set a "market perform" rating for the company in a report on Thursday, July 23rd. The Goldman Sachs Group set a $270.00 target price on International Business Machines in a report on Thursday, July 23rd. Morgan Stanley dropped their price target on International Business Machines from $293.00 to $190.00 and set an "equal weight" rating for the company in a research report on Thursday, July 23rd. Piper Sandler raised International Business Machines to an "overweight" rating in a report on Tuesday, June 23rd. Finally, Susquehanna lifted their price objective on International Business Machines from $225.00 to $235.00 and gave the stock a "neutral" rating in a research report on Monday, August 31st. Sixteen investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, International Business Machines has an average rating of "Moderate Buy" and a consensus price target of $265.90.

More International Business Machines News

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

• Positive Sentiment: Quantum-computing milestone: IBM, Cleveland Clinic and RIKEN advanced to the finals of the 2026 ACM Gordon Bell Prize after using quantum-centric supercomputing to model a 12,635-atom protein. The recognition supports IBM’s long-term positioning in quantum computing and life-sciences applications. Cleveland Clinic, RIKEN and IBM Team Advance to Finals for 2026 ACM Gordon Bell Prize
• Positive Sentiment: AI and open-source collaboration: LTM is working with IBM and Red Hat on Lightwell, an initiative focused on AI-driven remediation of open-source software. The partnership reinforces IBM’s hybrid-cloud, Red Hat and enterprise-AI ecosystem. LTM Collaborates with IBM and Red Hat on Lightwell
• Positive Sentiment: Institutional demand and contracts: Quiver reported that 1,936 institutional investors increased IBM positions in the latest quarter, versus 1,592 that reduced holdings. JPMorgan, Sixth Street Partners and Wellington made sizable additions. The data also showed approximately $1.1 billion in government award payments over the past year, providing support for IBM’s public-sector business. IBM Stock Data and Institutional Activity
• Neutral Sentiment: Analyst comparison: Zacks said Arista Networks currently has an edge over IBM because of stronger performance, rising estimates and AI-cloud growth, although IBM offers exposure to cloud and AI at a potentially more moderate valuation. Arista vs. IBM
• Negative Sentiment: Insider selling: IBM Senior Vice President Robert David Thomas sold 25,000 shares for an estimated $5.8 million. Quiver also reported that congressional IBM trading included more sales than purchases, though the signal is not directly tied to operating performance. IBM Insider and Congressional Trading Data

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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