Fire Capital Management LLC Takes $671,000 Position in International Business Machines Corporation $IBM

Key Points

• Fire Capital Management bought a new stake of 2,265 IBM shares in Q4 valued at about $671,000, adding to institutional ownership which stands near 58.96%.
• IBM beat quarterly estimates with EPS of $1.91 versus $1.81 and revenue of $15.92B (up 9.5% y/y), and raised its quarterly dividend to $1.69 (annualized $6.76, ~3.0% yield).
• Analyst sentiment is mixed but generally positive, with a MarketBeat consensus of "Moderate Buy" and a $294.41 price target, while IBM is rolling out major enterprise AI and hybrid‑cloud initiatives to support future growth.

Fire Capital Management LLC purchased a new stake in International Business Machines Corporation (NYSE:IBM - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 2,265 shares of the technology company's stock, valued at approximately $671,000.

Other institutional investors also recently modified their holdings of the company. Family CFO Inc bought a new position in shares of International Business Machines in the fourth quarter valued at approximately $25,000. Joseph Group Capital Management acquired a new stake in shares of International Business Machines in the fourth quarter worth $28,000. Mountain Hill Investment Partners Corp. acquired a new stake in shares of International Business Machines in the third quarter worth $28,000. SWAN Capital LLC acquired a new stake in shares of International Business Machines in the third quarter worth $28,000. Finally, LFA Lugano Financial Advisors SA acquired a new stake in shares of International Business Machines in the fourth quarter worth $31,000. Institutional investors own 58.96% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on IBM shares. Stifel Nicolaus lowered their price objective on shares of International Business Machines from $340.00 to $290.00 and set a "buy" rating on the stock in a research note on Wednesday, April 8th. Citigroup started coverage on shares of International Business Machines in a research note on Friday, April 10th. They issued a "buy" rating and a $285.00 price objective on the stock. DZ Bank upgraded shares of International Business Machines from a "hold" rating to a "buy" rating and set a $295.00 price objective on the stock in a research note on Friday, April 24th. BMO Capital Markets lowered their price objective on shares of International Business Machines from $290.00 to $270.00 and set a "market perform" rating on the stock in a research note on Thursday, April 23rd. Finally, Bank of America raised their price objective on shares of International Business Machines from $315.00 to $335.00 and gave the stock a "buy" rating in a research note on Tuesday, January 13th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $294.41.

Insiders Place Their Bets

In other news, Director Michael Miebach acquired 434 shares of the company's stock in a transaction on Wednesday, February 25th. The stock was purchased at an average cost of $233.33 per share, with a total value of $101,265.22. Following the acquisition, the director owned 434 shares of the company's stock, valued at $101,265.22. This trade represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.27% of the company's stock.

International Business Machines Stock Performance

International Business Machines stock opened at $225.90 on Thursday. The stock has a 50-day simple moving average of $243.01 and a 200 day simple moving average of $278.18. The company has a quick ratio of 0.76, a current ratio of 0.80 and a debt-to-equity ratio of 1.75. International Business Machines Corporation has a 12-month low of $220.72 and a 12-month high of $324.90. The stock has a market capitalization of $212.32 billion, a price-to-earnings ratio of 19.97, a P/E/G ratio of 2.37 and a beta of 0.58.

International Business Machines (NYSE:IBM - Get Free Report) last released its quarterly earnings results on Wednesday, April 22nd. The technology company reported $1.91 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 business had revenue of $15.92 billion during the quarter, compared to analysts' expectations of $15.60 billion. During the same period in the previous year, the business posted $1.60 earnings per share. The firm's revenue for the quarter was up 9.5% compared to the same quarter last year. On average, research analysts anticipate that International Business Machines Corporation will post 12.38 earnings per share for the current fiscal year.

International Business Machines Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders 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 represents a $6.76 annualized dividend and a yield of 3.0%. This is an increase from International Business Machines's previous quarterly dividend of $1.68. International Business Machines's dividend payout ratio (DPR) is presently 59.42%.

International Business Machines News Roundup

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

• Positive Sentiment: IBM rolled out major enterprise AI and hybrid‑cloud capabilities at Think 2026 (watsonx Orchestrate updates, IBM Sovereign Core, Concert platform) that reinforce its enterprise AI roadmap and address digital sovereignty — a strategic positive for long‑term revenue growth. Think 2026: IBM Delivers the Blueprint
• Positive Sentiment: IBM is expanding consulting AI capabilities and productized assets (IBM Enterprise Advantage, Consulting Advantage) aimed at accelerating enterprise AI deployments — supports services revenue potential. IBM Consulting Expands AI Capabilities
• Positive Sentiment: High‑profile partnerships and technical milestones bolster credibility: collaboration talks with Saudi Aramco on AI/industrial use cases and a major quantum simulation with Cleveland Clinic demonstrate commercial and scientific traction. IBM and Aramco Explore Collaboration Cleveland Clinic Quantum Milestone
• Neutral Sentiment: Analysts remain mixed: Wedbush reaffirmed an "outperform" with a $320 PT (supportive), while J.P. Morgan reiterated a Hold — the divergence keeps sentiment mixed and can limit strong, broad momentum. Wedbush Outperform J.P. Morgan Hold
• Negative Sentiment: Royal Bank of Canada lowered its price target from $330 to $300 (still "outperform") — a downward revision that can sap upside expectations and trigger selling. RBC Lowers PT TickerReport
• Negative Sentiment: Services‑market worry from Kyndryl: the spun‑out IBM services peer announced job cuts and a forecast below estimates — signals potential demand or execution pressure in large managed services deals that could weigh on IBM Consulting near term. Kyndryl Plans Job Cuts

International Business Machines Company 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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