Fjarde AP Fonden Fourth Swedish National Pension Fund Cuts Holdings in International Business Machines Corporation $IBM

Key Points

• Fjarde AP Fonden cut its IBM stake by 3.0% in the fourth quarter, selling 6,360 shares and ending with 205,121 shares valued at about $60.8 million.
• IBM reported better-than-expected quarterly results, with EPS of $1.91 versus $1.81 expected and revenue of $15.92 billion, up 9.5% from a year earlier.
• The company also raised its quarterly dividend to $1.69 per share, while analysts currently maintain a consensus Moderate Buy rating with an average price target of $304.17.

Fjarde AP Fonden Fourth Swedish National Pension Fund trimmed its position in shares of International Business Machines Corporation (NYSE:IBM - Free Report) by 3.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 205,121 shares of the technology company's stock after selling 6,360 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund's holdings in International Business Machines were worth $60,759,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of IBM. Family CFO Inc bought a new position in shares of International Business Machines during the 4th quarter valued at $25,000. Basepoint Wealth LLC bought a new position in shares of International Business Machines during the 4th quarter valued at $25,000. SWAN Capital LLC bought a new position in shares of International Business Machines during the 3rd quarter valued at $28,000. Joseph Group Capital Management bought a new position in shares of International Business Machines during the 4th quarter valued at $28,000. Finally, DecisionPoint Financial LLC lifted its holdings in shares of International Business Machines by 1,666.7% during the 4th quarter. DecisionPoint Financial LLC now owns 106 shares of the technology company's stock valued at $31,000 after buying an additional 100 shares during the period. 58.96% of the stock is owned by institutional investors.

International Business Machines Price Performance

Shares of International Business Machines stock opened at $285.06 on Friday. International Business Machines Corporation has a one year low of $212.34 and a one year high of $332.46. The stock's fifty day moving average is $246.48 and its 200 day moving average is $270.94. The stock has a market cap of $267.93 billion, a P/E ratio of 25.20, a P/E/G ratio of 3.13 and a beta of 0.67. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.76 and a current ratio of 0.80.

International Business Machines (NYSE:IBM - Get Free Report) last announced its earnings results on Wednesday, April 22nd. The technology company reported $1.91 EPS for the quarter, topping 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 company had revenue of $15.92 billion for the quarter, compared to analysts' expectations of $15.60 billion. During the same period last year, the firm earned $1.60 EPS. International Business Machines's revenue for the quarter was up 9.5% compared to the same quarter last year. Sell-side analysts anticipate that International Business Machines Corporation will post 12.4 earnings per share for the current year.

International Business Machines Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Friday, May 8th will be paid a $1.69 dividend. This represents a $6.76 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date is Friday, May 8th. This is a boost from International Business Machines's previous quarterly dividend of $1.68. International Business Machines's dividend payout ratio (DPR) is currently 59.77%.

Analysts Set New Price Targets

IBM has been the topic of several research analyst reports. Jefferies Financial Group lowered their price target on International Business Machines from $370.00 to $320.00 and set a "buy" rating on the stock in a report on Monday, April 20th. Oppenheimer lowered their price target on International Business Machines from $380.00 to $320.00 and set an "outperform" rating on the stock in a report on Thursday, April 16th. Stifel Nicolaus set a $290.00 target price on International Business Machines in a report on Friday, May 22nd. Royal Bank Of Canada reaffirmed an "outperform" rating on shares of International Business Machines in a report on Thursday, May 28th. Finally, BMO Capital Markets decreased their target price on International Business Machines from $290.00 to $270.00 and set a "market perform" rating on the stock in a report on Thursday, April 23rd. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and eight have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $304.17.

Trending Headlines about International Business Machines

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

• Positive Sentiment: Wedbush reportedly reset its IBM price target, citing stronger AI momentum and continued demand for IBM’s enterprise software and consulting offerings.
• Positive Sentiment: IBM’s new strategic partnership with Google Cloud to scale enterprise AI adoption is being seen as a meaningful growth driver, with the deal aimed at helping customers modernize systems and bring AI into production faster. IBM and Google Cloud Announce Strategic Partnership to Scale AI with Human Expertise and AI‑Powered Delivery
• Positive Sentiment: Several market commentary pieces highlighted IBM’s large quantum-computing investment as a long-term catalyst, with some analysts saying the company is strengthening its position in an emerging high-growth market. IBM Stock’s $10 Billion Quantum Catalyst Is Here
• Positive Sentiment: Citi also pointed to IBM’s growing role in quantum computing, reinforcing the view that the company’s heavy spending could secure a leadership position in a market with major future upside.
• Neutral Sentiment: IBM shares were included in broader market coverage of stocks making big moves, reflecting elevated trading interest but not adding a clearly new company-specific catalyst.
• Negative Sentiment: A former IBM cybersecurity executive accused the company of covering up multiple foreign-government data breaches over the past decade, raising potential reputational and legal risks. Former cyber executive turned whistleblower accuses IBM of covering up several data breaches
• Negative Sentiment: Another report repeated allegations that IBM and AT&T concealed foreign hacks, which could weigh on investor sentiment if the claims gain traction.

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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