Park Edge Advisors LLC Sells 2,855 Shares of International Business Machines Corporation $IBM

Key Points

• Park Edge Advisors reduced its stake in International Business Machines (NYSE:IBM) by 27.4%, selling 2,855 shares and retaining 7,579 shares valued at about $2.245 million at the end of the quarter.
• IBM beat quarterly expectations with $4.52 EPS versus $4.33 estimated and $19.69 billion in revenue (up 12.2% YoY), and analysts maintain a consensus "Moderate Buy" with an average price target of $314.60.
• Insiders bought stock recently (Michael Miebach 434 shares at $233.33; David N. Farr 1,000 shares at $304), and IBM pays a $1.68 quarterly dividend ($6.72 annualized, ~2.7% yield).

Park Edge Advisors LLC lessened its position in shares of International Business Machines Corporation (NYSE:IBM - Free Report) by 27.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,579 shares of the technology company's stock after selling 2,855 shares during the quarter. Park Edge Advisors LLC's holdings in International Business Machines were worth $2,245,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Mountain Hill Investment Partners Corp. bought a new stake in International Business Machines during the 3rd quarter worth about $28,000. SWAN Capital LLC bought a new position in shares of International Business Machines in the 3rd quarter valued at about $28,000. Trifecta Capital Advisors LLC boosted its stake in shares of International Business Machines by 129.1% in the 3rd quarter. Trifecta Capital Advisors LLC now owns 126 shares of the technology company's stock valued at $36,000 after purchasing an additional 71 shares during the last quarter. American Wealth Advisors LLC acquired a new stake in shares of International Business Machines during the 3rd quarter worth approximately $40,000. Finally, Davis Capital Management bought a new stake in shares of International Business Machines during the third quarter worth approximately $54,000. Institutional investors own 58.96% of the company's stock.

International Business Machines Stock Up 1.9%

Shares of NYSE IBM opened at $247.86 on Friday. The stock has a market cap of $232.50 billion, a P/E ratio of 22.23, a P/E/G ratio of 2.44 and a beta of 0.69. The firm has a 50 day moving average price of $261.11 and a 200 day moving average price of $283.91. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.92 and a current ratio of 0.96. International Business Machines Corporation has a 52-week low of $214.50 and a 52-week high of $324.90.

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

International Business Machines Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Tuesday, February 10th were paid a dividend of $1.68 per share. This represents a $6.72 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend was Tuesday, February 10th. International Business Machines's dividend payout ratio (DPR) is presently 60.27%.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on IBM shares. Stifel Nicolaus increased their price objective on shares of International Business Machines from $325.00 to $340.00 and gave the company a "buy" rating in a report on Thursday, January 29th. BMO Capital Markets dropped their target price on shares of International Business Machines from $350.00 to $290.00 and set a "market perform" rating for the company in a research report on Thursday, March 19th. Morgan Stanley cut their price target on International Business Machines from $304.00 to $247.00 and set an "equal weight" rating on the stock in a research note on Wednesday, February 25th. Erste Group Bank lowered International Business Machines from a "buy" rating to a "hold" rating in a research report on Wednesday, February 18th. Finally, Weiss Ratings reaffirmed a "buy (b)" rating on shares of International Business Machines in a research note on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and eight have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, International Business Machines currently has a consensus rating of "Moderate Buy" and an average price target of $314.60.

More International Business Machines News

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

• Positive Sentiment: FedRAMP authorizations for 11 IBM AI and automation solutions (including watsonx) bolster IBM’s ability to win U.S. federal contracts and accelerate sales into government accounts, supporting recurring revenue and credibility. IBM Expands FedRAMP Portfolio
• Positive Sentiment: Strategic collaboration with Arm to develop dual-architecture hardware aimed at large-scale AI and data workloads increases IBM’s addressable market in AI infrastructure and gives customers more deployment choice — a potential revenue accelerator if adopted widely. IBM Announces Strategic Collaboration with Arm
• Positive Sentiment: 10-year research partnership with ETH Zurich to develop AI+quantum algorithms strengthens IBM’s long-term R&D pipeline and technological leadership, important for investor confidence in future growth areas. IBM Partners with ETH Zurich
• Positive Sentiment: Full Sail University will open an on-campus “IBM Cyber Defense Range” (powered by AWS and Cloud Range), expanding IBM’s cybersecurity ecosystem and training pipeline — supportive for long-term adoption of IBM security offerings. Full Sail University to Open IBM Cyber Defense Range
• Positive Sentiment: Marketing/brand activation: IBM’s watsonx-powered “Masters at Madison Square Park” event raises consumer and enterprise visibility for Watson AI capabilities — modest near-term revenue impact but helpful for awareness. First-Ever 'Masters at Madison Square Park' Watch Party
• Neutral Sentiment: Analyst and media pieces are mixed: some argue the market has overreacted to recent retracement and view current levels as an opportunity, while others urge reassessment — these narratives can increase volatility but don’t change fundamentals immediately. Is It Time To Reassess IBM
• Negative Sentiment: Near-term pressure from recent share-price weakness and YTD underperformance versus prior multi-year gains may weigh on sentiment and prompt profit-taking or cautious positioning by some funds. Is It Time To Reassess IBM After Recent Share Price Weakness?

Insider Buying and Selling at International Business Machines

In other International Business Machines news, Director Michael Miebach bought 434 shares of International Business Machines stock in a transaction on Wednesday, February 25th. The shares were purchased at an average cost of $233.33 per share, for a total transaction of $101,265.22. Following the completion of the acquisition, the director owned 434 shares in the company, valued at approximately $101,265.22. The trade was a ∞ increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director David N. Farr bought 1,000 shares of the firm's stock in a transaction on Friday, January 30th. The stock was acquired at an average cost of $304.00 per share, with a total value of $304,000.00. Following the completion of the purchase, the director owned 9,258 shares of the company's stock, valued at approximately $2,814,432. This trade represents a 12.11% increase in their position. The SEC filing for this purchase provides additional information. Insiders have purchased a total of 1,484 shares of company stock worth $417,157 in the last ninety days. 0.27% of the stock is currently owned by company insiders.

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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