M Holdings Securities Inc. Purchases New Holdings in International Business Machines Corporation $IBM

Key Points

• M Holdings Securities initiated a position in IBM during the third quarter, buying 26,414 shares valued at approximately $6.36 million. Institutional investors collectively own about 59% of IBM’s stock.
• IBM beat quarterly earnings and revenue estimates: earnings were $2.95 per share versus $2.85 expected, while revenue reached $17.10 billion, up 4.7% year over year. The company declared a quarterly dividend of $1.69 per share, equivalent to a 2.8% yield.
• Analyst sentiment is moderately positive, with a consensus “Moderate Buy” rating and an average price target of $266.88. Separately, IBM SVP Robert Thomas sold 25,000 shares for about $5.76 million.

M Holdings Securities Inc. purchased a new position in International Business Machines Corporation (NYSE:IBM - Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 26,414 shares of the technology company's stock, valued at approximately $6,361,000.

Other institutional investors have also bought and sold shares of the company. Harborfront Financial Group LLC bought a new stake in shares of International Business Machines in the second quarter valued at $27,000. Hara Capital LLC purchased a new position in shares of International Business Machines during the 2nd quarter valued at $28,000. Bare Financial Services Inc grew its stake in shares of International Business Machines by 114.6% during the 2nd quarter. Bare Financial Services Inc now owns 103 shares of the technology company's stock worth $29,000 after acquiring an additional 55 shares during the period. Caitlin John LLC bought a new position in shares of International Business Machines during the 2nd quarter worth $35,000. Finally, Axiom Investment Management LLC bought a new position in shares of International Business Machines during the 1st quarter worth $36,000. Hedge funds and other institutional investors own 58.96% of the company's stock.

Insider Buying and Selling

In other International Business Machines news, SVP Robert Thomas sold 25,000 shares of the company's stock in a transaction dated Wednesday, August 26th. The stock was sold at an average price of $230.32, for a total value of $5,758,000.00. Following the transaction, the senior vice president directly owned 47,800 shares in the company, valued at $11,009,296. This represents a 34.34% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.27% of the stock is currently owned by insiders.

International Business Machines Stock Performance

NYSE IBM opened at $244.71 on Monday. International Business Machines Corporation has a 1 year low of $199.19 and a 1 year high of $332.46. The company has a debt-to-equity ratio of 1.57, a current ratio of 0.85 and a quick ratio of 0.80. The stock has a market capitalization of $231.28 billion, a PE ratio of 20.86, a P/E/G ratio of 2.41 and a beta of 0.78. The company's 50 day simple moving average is $236.76 and its two-hundred day simple moving average is $248.64.

International Business Machines (NYSE:IBM - Get Free Report) last released its quarterly earnings results on Wednesday, October 21st. The technology company reported $2.95 earnings per share for the quarter, topping the consensus estimate of $2.85 by $0.10. The firm had revenue of $17.10 billion for the quarter, compared to analysts' expectations of $16.82 billion. International Business Machines had a net margin of 15.99% and a return on equity of 34.37%. The business's quarterly revenue was up 4.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.65 earnings per share. Analysts predict that International Business Machines Corporation will post 12.41 earnings per share for the current fiscal year.

International Business Machines Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Tuesday, November 10th will be given a dividend of $1.69 per share. This represents a $6.76 annualized dividend and a yield of 2.8%. The ex-dividend date is Tuesday, November 10th. International Business Machines's payout ratio is presently 57.63%.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Evercore reaffirmed an "outperform" rating on shares of International Business Machines in a report on Friday. Weiss Ratings cut shares of International Business Machines from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Thursday, October 29th. BMO Capital Markets increased their target price on International Business Machines from $230.00 to $265.00 and gave the stock a "market perform" rating in a research report on Thursday, October 22nd. Argus decreased their price objective on International Business Machines from $360.00 to $280.00 and set a "buy" rating on the stock in a research note on Thursday, July 16th. Finally, Royal Bank Of Canada reissued an "outperform" rating and set a $270.00 price objective on shares of International Business Machines in a report on Thursday, October 22nd. Nineteen research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $266.88.

Key Headlines Impacting International Business Machines

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

• Positive Sentiment: Evercore’s sum-of-the-parts analysis values IBM at $290 a share, above its $275 price target, suggesting the firm sees potential value in IBM’s businesses, including quantum computing. IBM Stock Could Be More Than a ‘Safe Haven.' Quantum Computing Is a Big Reason
• Positive Sentiment: IBM’s Quantum System Two is now operational at the University of Chicago, expanding its quantum-computing presence and partnerships in Illinois. The installation strengthens IBM’s research and commercialization ecosystem, though financial returns are likely longer term. IBM Unveils Its Most Advanced Quantum Computer in Chicago
• Positive Sentiment: IBM, AMD and Oak Ridge National Laboratory launched a platform combining quantum and high-performance computing to advance quantum error correction, supporting IBM’s technology roadmap. The initiative targets progress toward a scientifically relevant quantum computer by 2028. Oak Ridge National Laboratory, IBM, and AMD Launch New Co-Design Platform for Quantum Error Correction
• Neutral Sentiment: A recent valuation commentary questions whether IBM’s cash-flow outlook supports the stock’s longer-term share-price gains. The excerpt does not provide a firm valuation conclusion, but it highlights investor scrutiny of the company’s price relative to future cash generation. IBM Stock Could Trade At A Discount After Quantum Computing News

International Business Machines Profile

International Business Machines Corporation (IBM) is a global technology company that provides software, consulting, infrastructure and related services to businesses and public-sector organizations. Its offerings include hybrid cloud and artificial intelligence solutions, enterprise software, IT consulting, and systems such as IBM Z mainframes and Power servers.

IBM also develops technologies in areas including data management, automation, cybersecurity and quantum computing. Its consulting teams help clients design, build and manage technology systems and business processes.

The company traces its roots to the Computing-Tabulating-Recording Company, formed in 1911, and adopted the name International Business Machines in 1924.

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