Foundations Investment Advisors LLC Grows Stock Holdings in International Business Machines Corporation $IBM

Key Points

• Foundations Investment Advisors LLC increased its IBM stake by 12.4% in the fourth quarter, adding 7,554 shares to bring its total to 68,706 shares valued at about $20.35 million.
• IBM is drawing support from positive business and industry catalysts, including a five-year modernization deal with Abertis and optimism tied to U.S. quantum-computing funding plans that could benefit IBM’s partnerships and chip efforts.
• The company recently beat quarterly earnings and revenue estimates and raised its dividend slightly to $1.69 per share, while analysts currently rate the stock a “Moderate Buy” with a consensus price target of $294.41.

Foundations Investment Advisors LLC grew its holdings in International Business Machines Corporation (NYSE:IBM - Free Report) by 12.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 68,706 shares of the technology company's stock after purchasing an additional 7,554 shares during the quarter. Foundations Investment Advisors LLC's holdings in International Business Machines were worth $20,351,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. VIRGINIA RETIREMENT SYSTEMS ET Al lifted its stake in International Business Machines by 424.6% in the 4th quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 260,740 shares of the technology company's stock worth $77,234,000 after purchasing an additional 211,040 shares in the last quarter. GLOBALT Investments LLC GA increased its holdings in shares of International Business Machines by 19.1% during the 4th quarter. GLOBALT Investments LLC GA now owns 18,288 shares of the technology company's stock worth $5,417,000 after buying an additional 2,930 shares during the last quarter. Waverton Investment Management Ltd increased its holdings in shares of International Business Machines by 3.3% during the 3rd quarter. Waverton Investment Management Ltd now owns 993,743 shares of the technology company's stock worth $280,439,000 after buying an additional 32,072 shares during the last quarter. Newbridge Financial Services Group Inc. increased its holdings in shares of International Business Machines by 30.0% during the 4th quarter. Newbridge Financial Services Group Inc. now owns 13,122 shares of the technology company's stock worth $3,887,000 after buying an additional 3,029 shares during the last quarter. Finally, NEOS Investment Management LLC increased its holdings in shares of International Business Machines by 51.7% during the 3rd quarter. NEOS Investment Management LLC now owns 114,395 shares of the technology company's stock worth $32,278,000 after buying an additional 38,973 shares during the last quarter. 58.96% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting International Business Machines

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

• Positive Sentiment: IBM announced a five-year global technology modernization agreement with Abertis, a new services deal that should support consulting and infrastructure revenue. IBM and Abertis are Driving the Future of Mobility with a Global Technology Modernization Agreement
• Positive Sentiment: IBM is benefiting from renewed enthusiasm around quantum computing after the U.S. Department of Commerce announced approximately $2.0 billion in planned funding for nine quantum companies, with IBM seen as a key beneficiary because of its quantum chip and foundry partnerships. Trump’s $2 Billion Quantum Bet Lifts IBM, D‑Wave, and Rigetti — and Sends Quantum ETF QTUM Toward $5 Billion in Assets
• Positive Sentiment: One analyst reiterated a Buy rating and raised its price target to $280, citing strong first-quarter results, robust free cash flow, and management’s maintained FY2026 guidance for more than 5% revenue growth and about $1 billion in annual free-cash-flow increases. IBM: Why AI Is An Opportunity Not A Threat, Raising My Price Target
• Neutral Sentiment: Several recent articles highlight IBM as a major name in the fast-growing quantum-computing ETF and infrastructure theme, which reinforces investor interest but does not add a new company-specific catalyst on its own. QTUM ETF Crosses $5 Billion Even As IBM, Rigetti, IonQ, D-Wave Cool Off
• Negative Sentiment: The broader quantum trade appears to be cooling after last week’s surge, which could temper near-term momentum in IBM shares even as the longer-term story stays constructive. QTUM ETF Crosses $5 Billion Even As IBM, Rigetti, IonQ, D-Wave Cool Off

Analysts Set New Price Targets

A number of analysts have recently issued reports on IBM shares. Oppenheimer cut their price target on shares of International Business Machines from $380.00 to $320.00 and set an "outperform" rating for the company in a report on Thursday, April 16th. Morgan Stanley raised their price target on shares of International Business Machines from $215.00 to $225.00 and gave the stock an "equal weight" rating in a report on Thursday, April 23rd. Erste Group Bank downgraded shares of International Business Machines from a "buy" rating to a "hold" rating in a report on Wednesday, February 18th. Royal Bank Of Canada cut their price target on shares of International Business Machines from $330.00 to $300.00 and set an "outperform" rating for the company in a report on Wednesday, May 6th. Finally, DZ Bank upgraded shares of International Business Machines from a "hold" rating to a "buy" rating and set a $295.00 price target for the company in a report on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and eight have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $294.41.

International Business Machines Stock Up 1.9%

International Business Machines stock opened at $255.43 on Thursday. International Business Machines Corporation has a fifty-two week low of $212.34 and a fifty-two week high of $324.90. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.76 and a current ratio of 0.80. The firm has a 50 day moving average price of $239.06 and a 200 day moving average price of $271.09. The company has a market capitalization of $240.08 billion, a PE ratio of 22.58, a price-to-earnings-growth ratio of 2.60 and a beta of 0.58.

International Business Machines (NYSE:IBM - Get Free Report) last posted its earnings results on Wednesday, April 22nd. The technology company reported $1.91 earnings per share for the quarter, beating the consensus estimate of $1.81 by $0.10. International Business Machines had a net margin of 15.61% and a return on equity of 37.23%. The firm had revenue of $15.92 billion during the quarter, compared to the consensus estimate of $15.60 billion. During the same quarter last year, the firm earned $1.60 EPS. The firm's revenue for the quarter was up 9.5% on a year-over-year basis. Research analysts expect that International Business Machines Corporation will post 12.4 earnings per share for the current year.

International Business Machines Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Friday, May 8th will be issued a $1.69 dividend. This is a boost from International Business Machines's previous quarterly dividend of $1.68. The ex-dividend date is Friday, May 8th. This represents a $6.76 annualized dividend and a yield of 2.6%. International Business Machines's payout ratio is 59.77%.

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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