International Business Machines Corporation $IBM Shares Sold by Crawford Investment Counsel Inc.

Crawford Investment Counsel Inc. trimmed its position in International Business Machines Corporation (NYSE:IBM - Free Report) by 3.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 68,277 shares of the technology company's stock after selling 2,294 shares during the period. Crawford Investment Counsel Inc.'s holdings in International Business Machines were worth $20,224,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the company. CVA Family Office LLC lifted its position in International Business Machines by 1.4% in the fourth quarter. CVA Family Office LLC now owns 2,389 shares of the technology company's stock worth $708,000 after purchasing an additional 33 shares during the period. Foster Group Inc. increased its holdings in shares of International Business Machines by 1.3% in the fourth quarter. Foster Group Inc. now owns 2,507 shares of the technology company's stock valued at $742,000 after buying an additional 33 shares in the last quarter. New Covenant Trust Company N.A. increased its holdings in shares of International Business Machines by 3.8% in the fourth quarter. New Covenant Trust Company N.A. now owns 905 shares of the technology company's stock valued at $264,000 after buying an additional 33 shares in the last quarter. McGowan Group Asset Management Inc. increased its holdings in shares of International Business Machines by 1.2% in the fourth quarter. McGowan Group Asset Management Inc. now owns 2,693 shares of the technology company's stock valued at $798,000 after buying an additional 33 shares in the last quarter. Finally, Altman Advisors Inc. increased its holdings in shares of International Business Machines by 0.3% in the third quarter. Altman Advisors Inc. now owns 9,929 shares of the technology company's stock valued at $2,802,000 after buying an additional 34 shares in the last quarter. 58.96% of the stock is currently owned by institutional investors and hedge funds.

International Business Machines Price Performance

Shares of NYSE:IBM opened at $270.66 on Wednesday. The company's fifty day moving average is $250.88 and its two-hundred day moving average is $269.61. 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 $212.34 and a 12-month high of $332.46. The company has a market cap of $254.39 billion, a P/E ratio of 23.93, a price-to-earnings-growth ratio of 2.79 and a beta of 0.67.

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

International Business Machines Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 8th were paid a $1.69 dividend. This represents a $6.76 dividend on an annualized basis and a dividend yield of 2.5%. This is a boost from International Business Machines's previous quarterly dividend of $1.68. The ex-dividend date of this dividend was Friday, May 8th. International Business Machines's dividend payout ratio (DPR) is currently 59.77%.

Analysts Set New Price Targets

Several research firms have issued reports on IBM. Stifel Nicolaus set a $290.00 price target on International Business Machines in a report on Friday, May 22nd. Barclays began coverage on International Business Machines in a report on Monday, June 1st. They issued an "overweight" rating and a $350.00 price target on the stock. Weiss Ratings raised International Business Machines from a "hold (c+)" rating to a "buy (b-)" rating in a report on Tuesday, June 9th. JPMorgan Chase & Co. dropped their price target 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. Finally, Erste Group Bank cut International Business Machines from a "buy" rating to a "hold" rating in a report on Wednesday, February 18th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, International Business Machines 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: IBM and Cirata announced an OEM partnership for the next generation of Big Replicate, aimed at removing petabyte-scale AI data bottlenecks and improving governance for large enterprise AI workflows. IBM Launches Big Replicate With Cirata To Tackle AI Data Bottlenecks
• Positive Sentiment: Apptio, which IBM owns, unveiled new AI-powered capabilities to help customers turn technology spending into measurable business outcomes, reinforcing IBM’s AI and hybrid-cloud monetization story. Apptio Unveils Conversational Insights and New Suite of AI-Powered Capabilities
• Positive Sentiment: Several recent commentary pieces and rating upgrades argue IBM has room for multiple expansion, with one article saying the stock could be materially below fair value as the AI narrative builds. IBM Stock Could Be 22.4% Below Fair Value as AI Narrative Builds
• Positive Sentiment: Analysts cited IBM’s recent selloff as a potential buying opportunity, with commentary noting the shares have pulled back from earlier highs while fundamentals remain supportive. Buy, Hold, or Sell: IBM Just Shed 16% Is It a Clear Buy at 268?
• Neutral Sentiment: IBM shares have been volatile recently, with a one-day decline reported in prior coverage before today’s rebound, suggesting traders are still weighing valuation against execution on AI growth. IBM Stock Sinks As Market Gains: Here's Why
• Negative Sentiment: The $17 million DOJ settlement referenced in recent coverage is a governance overhang, though it appears more notable for compliance optics than for direct financial impact. IBM’s $17 million DOJ settlement makes the case for civility

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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