Rede Wealth LLC Sells 2,431 Shares of International Business Machines Corporation $IBM

Key Points

• Rede Wealth LLC trimmed its position by 76.5%, selling 2,431 shares and leaving 745 shares of IBM valued at about $221,000, according to its latest 13F filing.
• Sell‑side sentiment is broadly positive with an average rating of "Moderate Buy" and an average price target of $309.63 — Evercore and Oppenheimer raised targets to outperform while Citigroup initiated coverage with a "buy" at $285.
• IBM reported strong quarterly results (EPS $4.52 vs. $4.33 expected; revenue $19.69B, up 12.2%), and pays a $1.68 quarterly dividend (2.8% yield), but faces a $17M DOJ settlement that poses modest legal and reputational risk.

Rede Wealth LLC trimmed its position in shares of International Business Machines Corporation (NYSE:IBM - Free Report) by 76.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 745 shares of the technology company's stock after selling 2,431 shares during the quarter. Rede Wealth LLC's holdings in International Business Machines were worth $221,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Mountain Hill Investment Partners Corp. bought a new position in shares of International Business Machines during the 3rd quarter valued at $28,000. SWAN Capital LLC bought a new position in shares of International Business Machines during the 3rd quarter valued at $28,000. Trifecta Capital Advisors LLC lifted its holdings in shares of International Business Machines by 129.1% during the 3rd quarter. Trifecta Capital Advisors LLC now owns 126 shares of the technology company's stock valued at $36,000 after buying an additional 71 shares during the period. American Wealth Advisors LLC bought a new position in shares of International Business Machines during the 3rd quarter valued at $40,000. Finally, Maseco LLP bought a new position in shares of International Business Machines during the 4th quarter valued at $53,000. 58.96% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. Evercore increased their price target on International Business Machines from $330.00 to $345.00 and gave the company an "outperform" rating in a report on Thursday, January 29th. Citigroup started coverage on International Business Machines in a report on Friday. They issued a "buy" rating and a $285.00 target price on the stock. Erste Group Bank cut International Business Machines from a "buy" rating to a "hold" rating in a report on Wednesday, February 18th. Oppenheimer set a $380.00 target price on International Business Machines and gave the stock an "outperform" rating in a report on Thursday, January 29th. Finally, Weiss Ratings reaffirmed a "buy (b)" rating on shares of International Business Machines in a report 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 issued a Hold rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $309.63.

Key Stories Impacting International Business Machines

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

• Positive Sentiment: Bank of America and commentary expect IBM to report an in‑line Q1 with roughly $50M of revenue from the early close of the Confluent acquisition; management is seen keeping full‑year guidance intact by offsetting near‑term dilution with revenue and cost synergies. IBM set for in-line Q1 as Confluent deal boosts outlook
• Positive Sentiment: Product/technology update: IBM is rolling out “content‑aware storage” (CAS) aimed at solving AI data management problems — a strategic product that supports IBM’s hybrid cloud/AI revenue narrative and could improve long‑term margins if adopted. How IBM Is Solving One of AI’s Biggest Data Problems
• Neutral Sentiment: Research coverage initiation: Citigroup started coverage on IBM — a change in sell‑side attention that can increase trading interest but is neutral until it issues actionable ratings/targets. Research Coverage Started at Citigroup
• Neutral Sentiment: Marketing/partnership PR: IBM used AI to enhance the Masters fan experience (positive for branding and demonstrates AI use cases) — good for perception but limited immediate revenue impact. IBM Rewrites the Masters Fan Experience With AI
• Negative Sentiment: Legal headline: IBM agreed to pay $17M to settle a DOJ suit alleging unlawful DEI practices and improper use/reimbursement of government contract funds. The payment is modest vs. IBM’s size, but the headline creates regulatory and reputational risk that can weigh on sentiment. IBM pays $17M fine to end DOJ suit over DEI programs
• Negative Sentiment: Analyst pressure: Needham trimmed price targets ahead of earnings, citing macro pressures despite steady growth/margins — analyst downgrades or cuts can amplify near‑term downside even if fundamentals remain intact. Why Needham Analysts Slashed Their Price Targets on IBM Stock Ahead of Earnings

International Business Machines Price Performance

Shares of International Business Machines stock opened at $237.83 on Tuesday. International Business Machines Corporation has a one year low of $220.72 and a one year high of $324.90. The stock's fifty day moving average is $252.70 and its 200 day moving average is $282.89. The stock has a market cap of $223.09 billion, a P/E ratio of 21.33, a P/E/G ratio of 2.30 and a beta of 0.69. 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 (NYSE:IBM - Get Free Report) last issued its quarterly earnings results on Wednesday, January 28th. The technology company reported $4.52 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.33 by $0.19. International Business Machines had a return on equity of 38.15% and a net margin of 15.69%.The business had revenue of $19.69 billion during the quarter, compared to analyst estimates of $19.23 billion. During the same quarter in the prior year, the business posted $3.92 EPS. International Business Machines's revenue for the quarter was up 12.2% compared to the same quarter last year. Sell-side analysts anticipate that International Business Machines Corporation will post 10.78 earnings per share for the current year.

International Business Machines Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 10th were paid a $1.68 dividend. This represents a $6.72 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date was Tuesday, February 10th. International Business Machines's dividend payout ratio is presently 60.27%.

Insider Transactions at International Business Machines

In other news, Director David N. Farr acquired 1,000 shares of the business's stock in a transaction dated Friday, January 30th. The stock was purchased at an average price of $304.00 per share, for a total transaction of $304,000.00. Following the completion of the transaction, the director directly owned 9,258 shares in the company, valued at approximately $2,814,432. This trade represents a 12.11% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Michael Miebach acquired 434 shares of the business's stock in a transaction dated Wednesday, February 25th. The shares were purchased at an average price of $233.33 per share, with a total value of $101,265.22. Following the transaction, the director owned 434 shares of the company's stock, valued at approximately $101,265.22. This represents a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last 90 days, insiders have bought 1,484 shares of company stock valued at $417,157. Company insiders own 0.27% of the company's stock.

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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