Godfrey Financial Associates Inc. Takes $709,000 Position in International Business Machines Corporation $IBM

Key Points

• Godfrey Financial Associates opened a new position in IBM during the fourth quarter, buying 2,393 shares worth about $709,000.
• IBM continues to attract institutional interest, with several other investors increasing stakes and 58.96% of the stock now held by institutions.
• The company has a mix of positive catalysts, including a new five-year technology modernization deal with Abertis, upbeat quantum-computing sentiment, and a recent dividend increase to $1.69 per share quarterly.

Godfrey Financial Associates Inc. acquired a new stake in International Business Machines Corporation (NYSE:IBM - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 2,393 shares of the technology company's stock, valued at approximately $709,000.

Several other institutional investors have also added to or reduced their stakes in IBM. Brighton Jones LLC boosted its holdings in International Business Machines by 12.4% in the fourth quarter. Brighton Jones LLC now owns 21,011 shares of the technology company's stock valued at $4,619,000 after acquiring an additional 2,323 shares during the last quarter. Sivia Capital Partners LLC boosted its holdings in International Business Machines by 10.6% in the second quarter. Sivia Capital Partners LLC now owns 1,938 shares of the technology company's stock valued at $571,000 after acquiring an additional 186 shares during the last quarter. Jump Financial LLC bought a new stake in International Business Machines in the second quarter valued at approximately $211,000. Ieq Capital LLC boosted its holdings in International Business Machines by 2.2% in the second quarter. Ieq Capital LLC now owns 38,617 shares of the technology company's stock valued at $11,383,000 after acquiring an additional 843 shares during the last quarter. Finally, Vivaldi Capital Management LP boosted its holdings in International Business Machines by 11.6% in the second quarter. Vivaldi Capital Management LP now owns 1,017 shares of the technology company's stock valued at $300,000 after acquiring an additional 106 shares during the last quarter. 58.96% of the stock is currently owned by institutional investors.

More International Business Machines News

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

International Business Machines Price Performance

Shares of IBM opened at $255.43 on Thursday. International Business Machines Corporation has a 12-month low of $212.34 and a 12-month high of $324.90. The business's fifty day moving average is $239.06 and its 200 day moving average is $271.09. The company has a quick ratio of 0.76, a current ratio of 0.80 and a debt-to-equity ratio of 1.75. The stock has a market cap of $240.08 billion, a P/E ratio of 22.58, a P/E/G ratio of 2.60 and a beta of 0.58.

International Business Machines (NYSE:IBM - Get Free Report) last issued its earnings results on Wednesday, April 22nd. The technology company reported $1.91 earnings per share (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 business earned $1.60 EPS. International Business Machines's quarterly revenue 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 fiscal year.

International Business Machines Increases Dividend

The company 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. The ex-dividend date is Friday, May 8th. This represents a $6.76 dividend on an annualized basis and a dividend yield of 2.6%. This is an increase from International Business Machines's previous quarterly dividend of $1.68. International Business Machines's dividend payout ratio (DPR) is 59.77%.

Analyst Ratings Changes

Several analysts recently commented on IBM shares. DZ Bank upgraded International Business Machines from a "hold" rating to a "buy" rating and set a $295.00 target price on the stock in a report on Friday, April 24th. JPMorgan Chase & Co. reduced their target price on International Business Machines from $317.00 to $283.00 and set a "neutral" rating on the stock in a report on Wednesday, March 18th. Argus set a $360.00 target price on International Business Machines in a report on Friday, January 30th. Weiss Ratings cut International Business Machines from a "buy (b-)" rating to a "hold (c+)" rating in a report on Thursday, May 21st. Finally, Wedbush restated an "outperform" rating on shares of International Business Machines in a report on Thursday, May 21st. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and eight have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $294.41.

International Business Machines 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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