Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD Invests $6.88 Million in International Business Machines Corporation $IBM

Key Points

• Kranot Hishtalmut Le Morim Tichoniim acquired 24,475 IBM shares worth approximately $6.88 million during the second quarter. Institutional investors collectively own 58.96% of IBM.
• IBM’s subsidiary Anderon finalized a $1 billion CHIPS Act award to accelerate development of a U.S.-based quantum wafer foundry, strengthening the company’s long-term quantum-computing strategy.
• IBM’s latest quarterly revenue of $17.16 billion fell short of estimates, while the stock recently declined 4.3% amid profit-taking and technical resistance. Analysts nevertheless maintain a “Moderate Buy” consensus with an average price target of $265.16.

Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD bought a new stake in International Business Machines Corporation (NYSE:IBM - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 24,475 shares of the technology company's stock, valued at approximately $6,883,000.

A number of other hedge funds have also bought and sold shares of the business. Basepoint Wealth LLC bought a new position in International Business Machines in the 4th quarter valued at $25,000. Portus Wealth Advisors LLC bought a new stake in shares of International Business Machines during the 1st quarter worth $26,000. Harborfront Financial Group LLC bought a new stake in shares of International Business Machines during the 2nd quarter worth $27,000. Cornerstone Financial Management LLC purchased a new position in shares of International Business Machines in the 4th quarter worth about $28,000. Finally, Hara Capital LLC purchased a new position in shares of International Business Machines in the 2nd quarter worth about $28,000. 58.96% of the stock is currently owned by institutional investors.

International Business Machines News Summary

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

• Positive Sentiment: IBM subsidiary Anderon finalized a $1 billion CHIPS and Science Act award from the U.S. Department of Commerce to accelerate development of a U.S.-based, pure-play quantum wafer foundry. The funding strengthens IBM’s position in quantum infrastructure and could create longer-term strategic opportunities, although it is primarily government support for research and capacity expansion rather than immediate revenue. Anderon finalizes $1 billion CHIPS award
• Positive Sentiment: Analysts’ reported price targets remain above the current trading level, and coverage highlighted potential growth from IBM’s quantum infrastructure strategy and AI deployments. A Turkish credit-bureau AI deal also reportedly involves production-scale processing of 23 million transactions daily, though IBM did not disclose its contract value.
• Neutral Sentiment: The quantum award is strategically important but may require substantial execution, investment and time before materially affecting IBM’s earnings. The opportunity is viewed more as a long-term infrastructure platform than an immediate financial catalyst.
• Negative Sentiment: Despite the government announcement, investors appear to be taking profits after IBM’s recent advance. Technical commentary pointed to resistance near the $239–$241 area, while the retreat below that zone weakened the short-term breakout thesis. Why IBM stock is falling
• Negative Sentiment: IBM’s latest reported quarter showed earnings in line with estimates but revenue below expectations, reinforcing concerns that the company’s near-term growth remains modest. The stock’s decline while the broader technology market rallied suggests valuation and profit-taking pressures outweighed the quantum news.

International Business Machines Trading Down 4.3%

Shares of IBM opened at $237.65 on Thursday. The business has a 50-day moving average of $233.43 and a 200 day moving average of $246.71. International Business Machines Corporation has a fifty-two week low of $199.19 and a fifty-two week high of $332.46. The firm has a market cap of $223.90 billion, a P/E ratio of 21.09, a price-to-earnings-growth ratio of 2.37 and a beta of 0.71. The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.74 and a current ratio of 0.79.

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

International Business Machines Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Monday, August 10th were given a $1.69 dividend. The ex-dividend date of this dividend was Monday, August 10th. This represents a $6.76 annualized dividend and a dividend yield of 2.8%. International Business Machines's payout ratio is 59.98%.

Insider Activity

In related news, SVP Robert Thomas sold 25,000 shares of the company's stock in a transaction that occurred on Wednesday, August 26th. The shares were sold at an average price of $230.32, for a total transaction of $5,758,000.00. Following the sale, the senior vice president directly owned 47,800 shares in the company, valued at approximately $11,009,296. This represents a 34.34% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.27% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

IBM has been the subject of a number of research analyst reports. Craig Hallum initiated coverage on shares of International Business Machines in a report on Wednesday, August 19th. They set a "buy" rating for the company. The Goldman Sachs Group set a $270.00 target price on shares of International Business Machines in a research note on Thursday, July 23rd. KeyCorp downgraded shares of International Business Machines to a "sector weight" rating in a research report on Tuesday, June 23rd. Citigroup decreased their price target on shares of International Business Machines from $255.00 to $245.00 and set a "buy" rating for the company in a research note on Friday, July 24th. Finally, Robert W. Baird assumed coverage on shares of International Business Machines in a report on Tuesday, July 21st. They issued a "neutral" rating and a $230.00 price target on the stock. Seventeen investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $265.16.

About International Business Machines

International Business Machines Corporation (IBM) is a global technology and consulting company that provides enterprise-focused hardware, software and services. Its offerings include hybrid cloud solutions, artificial intelligence, data and automation software, cybersecurity tools, IT infrastructure and technology consulting.

IBM develops and supports enterprise systems such as IBM Z mainframes, Power servers and storage products. Its software portfolio includes Red Hat hybrid cloud technologies, the watsonx platform for artificial intelligence and data management, application integration tools and cybersecurity solutions.

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