International Business Machines Corporation $IBM Shares Bought by Perigon Wealth Management LLC

Key Points

• Perigon Wealth Management LLC boosted its stake in IBM by 13.3% in Q4, acquiring an additional 2,959 shares to hold 25,212 shares valued at approximately $7,468,000.
• IBM topped expectations for the quarter with $4.52 EPS vs. $4.33 est. and revenue of $19.69 billion (up 12.2% YoY); the company also pays a quarterly dividend of $1.68 ($6.72 annualized, ~2.7% yield).
• Management is pursuing strategic moves—partnerships with Arm and ETH Zurich and progress in quantum computing—that support IBM’s growth narrative, while analysts maintain a consensus rating of Moderate Buy with a $314.60 consensus price target and insiders have recently made stock purchases.

Perigon Wealth Management LLC boosted its stake in shares of International Business Machines Corporation (NYSE:IBM - Free Report) by 13.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 25,212 shares of the technology company's stock after purchasing an additional 2,959 shares during the period. Perigon Wealth Management LLC's holdings in International Business Machines were worth $7,468,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Mountain Hill Investment Partners Corp. purchased a new position in International Business Machines in the 3rd quarter worth $28,000. SWAN Capital LLC purchased a new stake in International Business Machines during the 3rd quarter valued at about $28,000. Trifecta Capital Advisors LLC increased its holdings in shares of International Business Machines by 129.1% in the third quarter. Trifecta Capital Advisors LLC now owns 126 shares of the technology company's stock valued at $36,000 after purchasing an additional 71 shares during the period. American Wealth Advisors LLC acquired a new position in shares of International Business Machines in the third quarter valued at about $40,000. Finally, Davis Capital Management purchased a new position in shares of International Business Machines in the third quarter worth about $54,000. Institutional investors and hedge funds own 58.96% of the company's stock.

International Business Machines Trading Down 0.1%

Shares of NYSE:IBM opened at $247.86 on Friday. The company has a current ratio of 0.96, a quick ratio of 0.92 and a debt-to-equity ratio of 1.67. International Business Machines Corporation has a 12-month low of $214.50 and a 12-month high of $324.90. The business has a 50 day moving average of $260.22 and a two-hundred day moving average of $283.85. The company has a market capitalization of $232.50 billion, a PE ratio of 22.23, a PEG ratio of 2.47 and a beta of 0.69.

International Business Machines (NYSE:IBM - Get Free Report) last issued its quarterly earnings data on Wednesday, January 28th. The technology company reported $4.52 EPS for the quarter, topping analysts' consensus estimates of $4.33 by $0.19. The business had revenue of $19.69 billion for the quarter, compared to analysts' expectations of $19.23 billion. International Business Machines had a net margin of 15.69% and a return on equity of 38.15%. The business's revenue was up 12.2% on a year-over-year basis. During the same quarter last year, the company earned $3.92 EPS. As a group, analysts forecast that International Business Machines Corporation will post 10.78 EPS for the current year.

International Business Machines Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Tuesday, February 10th were given a dividend of $1.68 per share. This represents a $6.72 annualized dividend and a yield of 2.7%. The ex-dividend date was Tuesday, February 10th. International Business Machines's dividend payout ratio (DPR) is currently 60.27%.

Insiders Place Their Bets

In other news, Director David N. Farr acquired 1,000 shares of the business's stock in a transaction on Friday, January 30th. The stock was bought at an average price of $304.00 per share, with a total value of $304,000.00. Following the completion of the acquisition, the director owned 9,258 shares of the company's stock, valued at approximately $2,814,432. This represents a 12.11% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Michael Miebach bought 434 shares of the stock in a transaction dated Wednesday, February 25th. The shares were purchased at an average cost of $233.33 per share, for a total transaction of $101,265.22. Following the completion of the purchase, the director owned 434 shares in the company, valued at approximately $101,265.22. This represents a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders acquired 1,484 shares of company stock valued at $417,157 in the last ninety days. 0.27% of the stock is owned by corporate insiders.

Key Headlines Impacting International Business Machines

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

• Positive Sentiment: IBM announced a strategic collaboration with Arm to develop dual‑architecture AI/data-center hardware, a move investors see as expanding IBM’s addressable market for enterprise AI infrastructure and improving competitive positioning. IBM Shares Rise 2% After Announcing Strategic Partnership With Arm
• Positive Sentiment: IBM struck a long-term R&D deal with ETH Zurich (10 years) to combine AI and quantum algorithm development — strengthens IBM’s pipeline in quantum-enabled AI capabilities that could drive premium services and long-term differentiation. IBM Partners with ETH Zurich on 10-Year AI and Quantum Computing Initiative
• Positive Sentiment: Coverage highlighting IBM’s progress in quantum (processors >1,000 qubits) reinforces the narrative that IBM is a leader in nascent, high-value technologies investors are watching for multi-year growth. My Top Quantum ETFs For The Next Trend That's Bigger Than AI
• Neutral Sentiment: IBM continues customer/brand initiatives — a new campus Cyber Defense Range with Full Sail University and an experiential “Masters at Madison Square Park” event — improving visibility but with limited near-term revenue impact. Full Sail University to Open IBM Cyber Defense Range Powered by AWS and Cloud Range on Campus
• Neutral Sentiment: Third-party product/partner news (e.g., CrowdStrike integrations) signal ecosystem traction but are incremental to IBM’s direct revenue growth story. CrowdStrike Partnerships And AI Products Deepen Falcon Platform Consolidation Story
• Negative Sentiment: Despite positive strategic headlines, analysts and articles are flagging recent share-price weakness and mixed valuation metrics (YTD underperformance vs. multi-year gains), which can prompt profit-taking and damp near-term upside. Is It Time To Reassess IBM (IBM) After Recent Share Price Weakness?

Analysts Set New Price Targets

A number of equities research analysts recently commented on the company. Jefferies Financial Group reaffirmed a "buy" rating on shares of International Business Machines in a report on Monday, February 23rd. UBS Group raised shares of International Business Machines from a "sell" rating to a "neutral" rating and set a $236.00 price target for the company in a research report on Wednesday, February 25th. Wall Street Zen downgraded shares of International Business Machines from a "buy" rating to a "hold" rating in a report on Sunday, January 11th. Royal Bank Of Canada set a $361.00 price objective on shares of International Business Machines in a research note on Thursday, January 29th. Finally, Bank of America raised their target price on shares of International Business Machines from $315.00 to $335.00 and gave the stock a "buy" rating in a report on Tuesday, January 13th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and eight have given a Hold rating to the company's stock. Based on data from MarketBeat.com, International Business Machines presently has a consensus rating of "Moderate Buy" and a consensus price target of $314.60.

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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