Bogart Wealth LLC Increases Stock Holdings in International Business Machines Corporation $IBM

Bogart Wealth LLC raised its holdings in shares of International Business Machines Corporation (NYSE:IBM - Free Report) by 5.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 75,695 shares of the technology company's stock after acquiring an additional 3,793 shares during the quarter. International Business Machines makes up 0.7% of Bogart Wealth LLC's portfolio, making the stock its 27th largest holding. Bogart Wealth LLC's holdings in International Business Machines were worth $21,286,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. Lansing Street Advisors boosted its position in shares of International Business Machines by 5.4% in the second quarter. Lansing Street Advisors now owns 2,173 shares of the technology company's stock worth $611,000 after purchasing an additional 112 shares during the period. Silver Coast Investments LLC grew its position in shares of International Business Machines by 47.3% during the second quarter. Silver Coast Investments LLC now owns 1,402 shares of the technology company's stock valued at $394,000 after purchasing an additional 450 shares in the last quarter. James Investment Research Inc. increased its stake in International Business Machines by 27.2% in the 2nd quarter. James Investment Research Inc. now owns 9,339 shares of the technology company's stock worth $2,626,000 after acquiring an additional 1,997 shares during the last quarter. Legacy Advisors LLC increased its position in International Business Machines by 15.6% in the second quarter. Legacy Advisors LLC now owns 1,896 shares of the technology company's stock worth $533,000 after purchasing an additional 256 shares during the last quarter. Finally, Greenwood Gearhart LLC raised its position in shares of International Business Machines by 13.5% during the 2nd quarter. Greenwood Gearhart LLC now owns 3,151 shares of the technology company's stock valued at $886,000 after buying an additional 376 shares in the last quarter. 58.96% of the stock is currently owned by institutional investors.

International Business Machines Stock Down 2.0%

IBM stock opened at $231.06 on Tuesday. The firm's fifty day simple moving average is $246.44 and its 200-day simple moving average is $249.98. The company has a market capitalization of $217.69 billion, a P/E ratio of 20.50, a price-to-earnings-growth ratio of 2.31 and a beta of 0.70. 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 12 month low of $199.19 and a 12 month high of $332.46.

International Business Machines (NYSE:IBM - Get Free Report) last issued its quarterly earnings data on Wednesday, July 22nd. The technology company reported $2.93 earnings per share (EPS) for the quarter, meeting the consensus estimate of $2.93. The business had revenue of $17.16 billion during the quarter, compared to analysts' expectations 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 for the quarter was up 1.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.80 EPS. As a group, equities research analysts forecast that International Business Machines Corporation will post 12.33 earnings per share for the current year.

International Business Machines Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Monday, August 10th will be issued a $1.69 dividend. The ex-dividend date of this dividend is Monday, August 10th. This represents a $6.76 dividend on an annualized basis and a yield of 2.9%. International Business Machines's payout ratio is presently 59.98%.

International Business Machines News Summary

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

• Positive Sentiment: IBM announced a next-generation dual-architecture processor for future IBM Z and LinuxONE systems. The chip is designed to support both IBM and Arm platforms, potentially broadening software compatibility, expanding enterprise customer choice and strengthening IBM’s mainframe franchise. IBM Unveils Next Generation Dual-Architecture Processor for IBM Z and LinuxONE
• Positive Sentiment: The processor uses advanced technology, including Arm integration and a reported 2-nanometer design with performance reaching 5.7 GHz. Investors may view the development as evidence of continued innovation and a potential long-term growth catalyst. IBM Unveils Next Generation Dual-Architecture Processor for IBM Z and LinuxONE
• Positive Sentiment: IBM and the USTA introduced AI-powered features for the 2026 US Open, including personalized live updates, serve analysis, match insights and conversational tools. The initiative showcases IBM’s watsonx and AI capabilities to a large global audience and may support commercial AI credibility. IBM and the USTA Introduce New AI-Powered Fan Experiences for 2026 US Open
• Positive Sentiment: A report highlighted a new IBM quantum-computing milestone, reinforcing the company’s longer-term technology narrative, although the immediate revenue impact remains uncertain. IBM Just Hit a New Quantum Computing Milestone

Analyst Upgrades and Downgrades

Several research firms recently weighed in on IBM. Wolfe Research lowered International Business Machines to a "peer perform" rating in a report on Tuesday, June 23rd. Royal Bank Of Canada reiterated an "outperform" rating and issued a $270.00 price target on shares of International Business Machines in a report on Tuesday, July 21st. JPMorgan Chase & Co. dropped their target price on shares of International Business Machines from $291.00 to $250.00 and set an "overweight" rating on the stock in a report on Friday, July 17th. Robert W. Baird began coverage on International Business Machines in a research report on Tuesday, July 21st. They issued a "neutral" rating and a $230.00 price target for the company. Finally, Wedbush set a $350.00 target price on shares of International Business Machines in a research report on Tuesday, June 2nd. Sixteen investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, International Business Machines has a consensus rating of "Moderate Buy" and an average price target of $265.40.

About International Business Machines

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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