Joseph P. Lucia & Associates LLC Purchases New Position in International Business Machines Corporation $IBM

Joseph P. Lucia & Associates LLC purchased a new stake in International Business Machines Corporation (NYSE:IBM - Free Report) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 4,214 shares of the technology company's stock, valued at approximately $1,185,000.

Other hedge funds have also recently bought and sold shares of the company. Orca Wealth Management LLC lifted its holdings in International Business Machines by 3.7% during the 4th quarter. Orca Wealth Management LLC now owns 975 shares of the technology company's stock valued at $285,000 after purchasing an additional 35 shares during the last quarter. Friday Financial grew its stake in International Business Machines by 1.9% during the second quarter. Friday Financial now owns 1,903 shares of the technology company's stock worth $583,000 after buying an additional 35 shares during the last quarter. First Command Advisory Services Inc. grew its stake in International Business Machines by 1.1% during the fourth quarter. First Command Advisory Services Inc. now owns 3,459 shares of the technology company's stock worth $1,025,000 after buying an additional 36 shares during the last quarter. Washington Trust Bank increased its holdings in shares of International Business Machines by 2.2% during the fourth quarter. Washington Trust Bank now owns 1,712 shares of the technology company's stock worth $507,000 after buying an additional 37 shares in the last quarter. Finally, HORAN Wealth LLC raised its stake in shares of International Business Machines by 1.3% in the fourth quarter. HORAN Wealth LLC now owns 2,851 shares of the technology company's stock valued at $844,000 after acquiring an additional 37 shares during the last quarter. 58.96% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms recently commented on IBM. The Goldman Sachs Group set a $270.00 price target on International Business Machines in a research report on Thursday, July 23rd. Robert W. Baird began coverage on International Business Machines in a research note on Tuesday, July 21st. They issued a "neutral" rating and a $230.00 price objective on the stock. Barclays decreased their target price on International Business Machines from $288.00 to $262.00 and set an "overweight" rating on the stock in a report on Thursday, July 23rd. Jefferies Financial Group lowered their target price on International Business Machines from $320.00 to $260.00 and set a "buy" rating for the company in a research note on Tuesday, July 21st. Finally, Wedbush set a $350.00 price target on International Business Machines in a report on Tuesday, June 2nd. Sixteen analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $265.90.

Insider Activity

In related news, SVP Robert David Thomas sold 25,000 shares of International Business Machines stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $230.32, for a total transaction of $5,758,000.00. Following the completion of the sale, the senior vice president directly owned 47,800 shares of the company's stock, valued at $11,009,296. The trade was a 34.34% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.27% of the stock is owned by corporate insiders.

International Business Machines News Roundup

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

• Positive Sentiment: IBM Ventures expands quantum-computing exposure: IBM Ventures invested in BQP, a physics-acceleration company whose bookings have reportedly increased eightfold. The investment supports IBM’s positioning in quantum and advanced-computing infrastructure, although the deal is unlikely to materially affect near-term earnings. IBM Ventures backs BQP
• Positive Sentiment: AI and quantum themes continue to support the investment case: Analysts highlighted IBM among large technology companies that could benefit from quantum-computing adoption through cloud, software and infrastructure offerings. Retail-investor coverage also identified IBM as a favored long-term AI stock, particularly because of its enterprise focus and hybrid-cloud capabilities. Quantum boom investment ideas
• Neutral Sentiment: Dividend remains a key attraction: IBM is highlighted as a major technology dividend payer, with a quarterly distribution of $1.69 per share. The income profile may appeal to defensive investors, though dividend comparisons alone do not resolve concerns about valuation or growth. Cisco versus IBM dividend comparison
• Neutral Sentiment: IBM is promoting responsible AI adoption: A new study found that AI adoption in U.S. K-12 schools is outpacing institutional readiness, prompting IBM to launch a fellowship for education leaders. The initiative may strengthen IBM’s brand and future relationships but has limited immediate financial impact. IBM K-12 AI study
• Negative Sentiment: Securities-fraud investigation adds headline risk: Bleichmar Fonti & Auld said it is investigating whether IBM made potentially misleading statements about the pace of business deals. The announcement is an allegation, not a finding of wrongdoing, but it could increase legal uncertainty and investor caution. IBM securities investigation
• Negative Sentiment: Broader concerns remain over IBM’s growth outlook: Recent analysis cited AI-driven disruption to legacy services, pricing pressure and reduced estimates as reasons for IBM’s year-to-date weakness, despite support from hybrid cloud and watsonx. Technical coverage also identified resistance near $239, suggesting limited upside until momentum improves. IBM stock outlook

International Business Machines Stock Up 0.0%

Shares of NYSE IBM opened at $231.43 on Thursday. International Business Machines Corporation has a 1 year low of $199.19 and a 1 year high of $332.46. The firm's 50-day moving average is $242.89 and its 200-day moving average is $247.41. The company has a current ratio of 0.79, a quick ratio of 0.74 and a debt-to-equity ratio of 1.63. The firm has a market capitalization of $218.04 billion, a PE ratio of 20.54, a price-to-earnings-growth ratio of 2.21 and a beta of 0.71.

International Business Machines (NYSE:IBM - Get Free Report) last announced its quarterly earnings data on Wednesday, July 22nd. The technology company reported $2.93 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $2.93. International Business Machines had a net margin of 15.52% and a return on equity of 35.65%. The firm had revenue of $17.16 billion for the quarter, compared to analysts' expectations of $17.46 billion. During the same period last year, the firm earned $2.80 earnings per share. The business's revenue for the quarter was up 1.1% on a year-over-year basis. Equities analysts expect that International Business Machines Corporation will post 12.33 EPS for the current year.

International Business Machines Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Monday, August 10th will be given a $1.69 dividend. This represents a $6.76 annualized dividend and a dividend yield of 2.9%. The ex-dividend date is Monday, August 10th. International Business Machines's dividend payout ratio (DPR) is currently 59.98%.

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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