Meridiem Capital Partners LP Invests $2.42 Million in International Business Machines Corporation $IBM

Key Points

• Meridiem Capital Partners LP opened a new position in IBM in the third quarter, buying 8,586 shares valued at approximately $2.42 million (Form 13F filing).
• IBM recently beat quarterly expectations with $4.52 EPS vs. $4.33 consensus and revenue of $19.69 billion (up 12.2% YoY); analysts rate the stock a consensus "Moderate Buy" with an average target of $320.87, while the shares trade near $246.62.
• IBM pays a quarterly dividend of $1.68 (annualized $6.72, ~2.7% yield) and insiders recently purchased shares, though insider ownership remains low (~0.18%).

Meridiem Capital Partners LP purchased a new position in shares of International Business Machines Corporation (NYSE:IBM - Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 8,586 shares of the technology company's stock, valued at approximately $2,423,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Mattson Financial Services LLC acquired a new stake in International Business Machines during the third quarter worth approximately $852,000. Vanguard Group Inc. raised its holdings in International Business Machines by 2.1% in the 2nd quarter. Vanguard Group Inc. now owns 95,051,475 shares of the technology company's stock valued at $28,019,274,000 after acquiring an additional 1,913,708 shares in the last quarter. Thames Capital Management LLC bought a new stake in shares of International Business Machines during the 2nd quarter valued at $2,710,000. Waverton Investment Management Ltd lifted its position in shares of International Business Machines by 3.3% during the 3rd quarter. Waverton Investment Management Ltd now owns 993,743 shares of the technology company's stock valued at $280,439,000 after acquiring an additional 32,072 shares during the period. Finally, NEOS Investment Management LLC grew its holdings in shares of International Business Machines by 51.7% during the 3rd quarter. NEOS Investment Management LLC now owns 114,395 shares of the technology company's stock worth $32,278,000 after purchasing an additional 38,973 shares in the last quarter. 58.96% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms recently commented on IBM. Wedbush reaffirmed an "outperform" rating and issued a $340.00 price target on shares of International Business Machines in a research note on Tuesday, February 24th. Royal Bank Of Canada set a $361.00 price target on shares of International Business Machines in a research note on Thursday, January 29th. Stifel Nicolaus increased their price target on International Business Machines from $325.00 to $340.00 and gave the company a "buy" rating in a research note on Thursday, January 29th. Sanford C. Bernstein reiterated a "market perform" rating on shares of International Business Machines in a research report on Wednesday, December 10th. Finally, DZ Bank raised International Business Machines to a "hold" rating in a research report on Wednesday, February 11th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and eight have issued a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $320.87.

International Business Machines Trading Down 0.4%

NYSE IBM traded down $1.06 during trading hours on Friday, hitting $246.62. 480,077 shares of the company's stock were exchanged, compared to its average volume of 5,979,991. The firm has a market cap of $231.33 billion, a price-to-earnings ratio of 22.17, a PEG ratio of 2.49 and a beta of 0.73. The stock has a 50-day simple moving average of $277.71 and a 200 day simple moving average of $284.23. 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 1-year low of $214.50 and a 1-year high of $324.90.

International Business Machines (NYSE:IBM - Get Free Report) last posted its quarterly earnings results on Wednesday, January 28th. The technology company reported $4.52 earnings per share for the quarter, beating the consensus estimate of $4.33 by $0.19. International Business Machines had a net margin of 15.69% and a return on equity of 38.15%. The firm had revenue of $19.69 billion during the quarter, compared to the consensus estimate of $19.23 billion. During the same period in the previous year, the firm posted $3.92 earnings per share. The business's revenue was up 12.2% compared to the same quarter last year. On average, equities analysts forecast that International Business Machines Corporation will post 10.78 EPS for the current fiscal year.

International Business Machines Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Tuesday, February 10th were issued a $1.68 dividend. This represents a $6.72 dividend on an annualized basis and a dividend 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 International Business Machines news, Director David N. Farr purchased 1,000 shares of International Business Machines stock in a transaction that occurred on Friday, January 30th. The stock was acquired at an average price of $304.00 per share, with a total value of $304,000.00. Following the transaction, the director owned 9,258 shares in the company, valued at $2,814,432. This trade represents a 12.11% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Michael Miebach purchased 434 shares of the firm's stock in a transaction on Wednesday, February 25th. The shares were acquired at an average price of $233.33 per share, with a total value of $101,265.22. Following the purchase, the director directly owned 434 shares in the company, valued at $101,265.22. This represents a ∞ increase in their position. The SEC filing for this purchase provides additional information. Over the last quarter, insiders purchased 1,484 shares of company stock worth $417,157. 0.18% of the stock is owned by company insiders.

International Business Machines News Roundup

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

• Positive Sentiment: IBM published the industry’s first quantum‑centric supercomputing reference architecture, showing how quantum processors (QPUs) can be integrated with CPUs/GPUs across on‑prem, cloud and research centers — a clear differentiator that supports IBM’s leadership in quantum systems and could open new sales to national labs, research institutions and cloud partners. IBM Releases a New Blueprint for Quantum-Centric Supercomputing
• Positive Sentiment: IBM teamed with Taiwan’s E.SUN Bank to deploy an enterprise AI governance framework — a real‑world banking customer use case that could accelerate recurring software, consulting and services revenue in financial services where compliance and explainability command premium fees. IBM Teams Up With E.SUN Bank on AI Governance: Will it Fuel Revenue?
• Positive Sentiment: Analysts remain generally constructive on top tech names including IBM, which supports sentiment that IBM’s mix of hybrid cloud, AI and quantum positions it for multi-year upside even if near-term catalysts are limited. Analysts Are Bullish on Top Technology Stocks
• Neutral Sentiment: Interview coverage with CFO Jim Kavanaugh reiterates IBM’s strategic focus on AI, hybrid cloud and quantum — useful for investors assessing execution but not an immediate revenue catalyst. The Motley Fool Interviews IBM CFO Jim Kavanaugh
• Neutral Sentiment: Research collaboration that produced a novel molecule highlights IBM’s deep R&D capabilities (materials/chemistry), which may underpin long‑term IP and partnerships but has limited near‑term revenue impact. International Business Machines (IBM) Develops a Novel Molecule
• Neutral Sentiment: IBM appears as a named partner in expanded digital accessibility programs (Level Access partner announcements), which is supportive of ecosystem reach but not a material earnings driver. Level Access Supercharges Partner Program to Accelerate Digital Accessibility
• Negative Sentiment: Market reaction: IBM stock slipped in premarket trading after the quantum blueprint release, suggesting investors are skeptical about the timing and near‑term monetization of quantum initiatives and are focused on valuation and technicals. What's Going On With IBM Stock On Thursday?

International Business Machines 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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