Robeco Institutional Asset Management B.V. Acquires 18,671 Shares of International Business Machines Corporation $IBM

Key Points

• Robeco Institutional Asset Management B.V. increased its holdings in International Business Machines Corporation (IBM) by 2.6%, purchasing an additional 18,671 shares during the second quarter, bringing its total to 744,436 shares.
• IBM reported $2.80 EPS for the last quarter, exceeding expectations, with revenue of $16.98 billion, marking a 7.7% year-over-year increase and a net margin of 9.11%.
• The company declared a quarterly dividend of $1.68 per share, yielding approximately 2.3%, with a dividend payout ratio currently at 109.09%.

Robeco Institutional Asset Management B.V. lifted its holdings in International Business Machines Corporation (NYSE:IBM - Free Report) by 2.6% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 744,436 shares of the technology company's stock after buying an additional 18,671 shares during the period. Robeco Institutional Asset Management B.V. owned about 0.08% of International Business Machines worth $219,445,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Christopher J. Hasenberg Inc bought a new stake in shares of International Business Machines in the 1st quarter worth about $27,000. SSA Swiss Advisors AG bought a new stake in shares of International Business Machines in the 1st quarter worth about $28,000. Highline Wealth Partners LLC increased its holdings in shares of International Business Machines by 85.0% in the 2nd quarter. Highline Wealth Partners LLC now owns 111 shares of the technology company's stock worth $33,000 after buying an additional 51 shares during the last quarter. Dagco Inc. bought a new stake in shares of International Business Machines in the 1st quarter worth about $31,000. Finally, Silicon Valley Capital Partners boosted its stake in shares of International Business Machines by 322.6% during the 1st quarter. Silicon Valley Capital Partners now owns 131 shares of the technology company's stock worth $32,000 after purchasing an additional 100 shares during the period. 58.96% of the stock is currently owned by institutional investors.

International Business Machines Trading Up 1.5%

NYSE IBM opened at $286.46 on Thursday. The company has a quick ratio of 0.87, a current ratio of 0.91 and a debt-to-equity ratio of 2.00. The firm has a market cap of $266.23 billion, a PE ratio of 46.50, a price-to-earnings-growth ratio of 4.34 and a beta of 0.73. The company has a 50 day moving average price of $254.07 and a 200 day moving average price of $258.70. International Business Machines Corporation has a 52 week low of $203.51 and a 52 week high of $296.16.

International Business Machines (NYSE:IBM - Get Free Report) last posted its quarterly earnings data on Wednesday, July 23rd. The technology company reported $2.80 EPS for the quarter, topping the consensus estimate of $2.65 by $0.15. The firm had revenue of $16.98 billion during the quarter, compared to analyst estimates of $16.58 billion. International Business Machines had a net margin of 9.11% and a return on equity of 37.62%. International Business Machines's revenue was up 7.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.43 EPS. International Business Machines has set its FY 2025 guidance at EPS. As a group, sell-side analysts forecast that International Business Machines Corporation will post 10.78 EPS for the current fiscal year.

International Business Machines Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 10th. Shareholders of record on Friday, August 8th were paid a dividend of $1.68 per share. The ex-dividend date was Friday, August 8th. This represents a $6.72 dividend on an annualized basis and a yield of 2.3%. International Business Machines's dividend payout ratio is presently 109.09%.

Analyst Upgrades and Downgrades

IBM has been the subject of a number of recent analyst reports. Bank of America dropped their price target on shares of International Business Machines from $320.00 to $310.00 and set a "buy" rating for the company in a research note on Thursday, July 24th. Erste Group Bank cut shares of International Business Machines from a "buy" rating to a "hold" rating in a research note on Thursday, August 14th. The Goldman Sachs Group lifted their price target on shares of International Business Machines from $270.00 to $310.00 and gave the stock a "buy" rating in a research note on Wednesday, July 2nd. Royal Bank Of Canada lifted their price target on shares of International Business Machines from $285.00 to $315.00 and gave the stock an "outperform" rating in a research note on Thursday, July 17th. Finally, Melius Research raised shares of International Business Machines to a "strong-buy" rating in a research note on Monday, July 7th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $279.29.

About International Business Machines

International Business Machines Corporation, together with its subsidiaries, provides integrated solutions and services worldwide. The company operates through Software, Consulting, Infrastructure, and Financing segments. The Software segment offers a hybrid cloud and AI platforms that allows clients to realize their digital and AI transformations across the applications, data, and environments in which they operate.

Want to see what other hedge funds are holding IBM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for International Business Machines Corporation (NYSE:IBM - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.