Roman Butler Fullerton & Co. Invests $1.26 Million in International Business Machines Corporation $IBM

Key Points

• Roman Butler Fullerton & Co. purchased 4,343 IBM shares worth approximately $1.26 million in the second quarter. Several other institutional investors also initiated positions, and institutions collectively own 58.96% of IBM’s stock.
• IBM reported quarterly EPS of $2.93, matching analyst expectations, while revenue of $17.16 billion fell short of the $17.46 billion consensus estimate; revenue still increased 1.1% year over year.
• IBM declared a quarterly dividend of $1.69, equivalent to an annualized $6.76 payout and a 2.9% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $265.90, though concerns include AI-related disruption, revenue pressure and insider selling.

Roman Butler Fullerton & Co. purchased a new stake in International Business Machines Corporation (NYSE:IBM - Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 4,343 shares of the technology company's stock, valued at approximately $1,260,000.

A number of other institutional investors have also recently bought and sold shares of the stock. Cura Wealth Advisors LLC purchased a new stake in International Business Machines during the second quarter valued at about $208,000. Simplicity Wealth LLC acquired a new stake in shares of International Business Machines during the second quarter valued at approximately $8,353,000. Uniting Wealth Partners LLC acquired a new stake in shares of International Business Machines during the second quarter valued at approximately $1,258,000. Wealth Effects LLC acquired a new stake in International Business Machines during the 2nd quarter valued at $4,177,000. Finally, Trivium Point Advisory LLC purchased a new stake in shares of International Business Machines in the second quarter valued at $2,819,000. Hedge funds and other institutional investors own 58.96% of the company's stock.

International Business Machines Stock Performance

Shares of IBM stock opened at $231.12 on Wednesday. The company has a debt-to-equity ratio of 1.63, a current ratio of 0.79 and a quick ratio of 0.74. International Business Machines Corporation has a fifty-two week low of $199.19 and a fifty-two week high of $332.46. The stock's 50-day moving average is $243.51 and its two-hundred day moving average is $247.61. The firm has a market cap of $217.75 billion, a P/E ratio of 20.51, a PEG ratio of 2.30 and a beta of 0.70.

International Business Machines (NYSE:IBM - Get Free Report) last announced its quarterly earnings results on Wednesday, July 22nd. The technology company reported $2.93 earnings per share (EPS) for the quarter, meeting the consensus estimate of $2.93. The business had revenue of $17.16 billion during the quarter, compared to analyst estimates of $17.46 billion. International Business Machines had a return on equity of 35.65% and a net margin of 15.52%.The firm's revenue was up 1.1% on a year-over-year basis. During the same period in the previous year, the company earned $2.80 EPS. Analysts predict that International Business Machines Corporation will post 12.33 earnings per share for the current fiscal year.

International Business Machines Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Monday, August 10th will be paid a $1.69 dividend. The ex-dividend date is Monday, August 10th. This represents a $6.76 dividend on an annualized basis and a yield of 2.9%. International Business Machines's payout ratio is 59.98%.

Insider Transactions at International Business Machines

In other International Business Machines news, SVP Robert David Thomas sold 25,000 shares of the business's stock in a transaction that occurred on Wednesday, August 26th. The shares were sold at an average price of $230.32, for a total value of $5,758,000.00. Following the completion of the sale, the senior vice president directly owned 47,800 shares of the company's stock, valued at $11,009,296. The trade was a 34.34% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.27% of the stock is owned by company insiders.

Key Headlines Impacting International Business Machines

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

• Positive Sentiment: IBM’s acquisition of HRL Laboratories adds silicon-spin qubit, materials and manufacturing expertise that could improve its ability to develop scalable quantum-computing systems. Analysts cited upcoming quantum catalysts, and Susquehanna raised its price target to $235, although it maintained a cautious view. Can IBM’s HRL Acquisition Boost Its Quantum Computing Capabilities?
• Positive Sentiment: A technical analysis article said IBM remains in a longer-term uptrend and could resume advancing if shares clear resistance near $239. A breakout would signal improved buying momentum, though this is a technical rather than fundamental catalyst. Stock of the Day: Will IBM Break Out and Head Higher?
• Neutral Sentiment: New market reports identify IBM as a participant in expanding enterprise blockchain, UNIX, business service management, computer-based sensing, biological computing and high-throughput computing markets. These reports point to broad industry growth but provide limited evidence of immediate revenue or earnings impact for IBM. IBM Emerges as a Leading Enterprise Blockchain Provider
• Negative Sentiment: IBM’s reported year-to-date decline reflects concerns about AI-driven disruption to legacy services, pricing pressure and downward earnings estimates. Hybrid cloud and watsonx remain potential offsets, but investors are questioning whether growth in those businesses can compensate for weakness elsewhere. IBM Slumps 21% YTD: Time to Reassess the Stock?
• Negative Sentiment: Coverage also highlighted IBM’s revenue miss, which contributed to a sharp selloff, and noted that the stock has underperformed the S&P 500. A pending securities-fraud investigation and a senior executive’s multimillion-dollar stock sale add further overhang, although neither necessarily changes IBM’s underlying business outlook. IBM Securities Fraud Investigation

Analyst Upgrades and Downgrades

Several research firms recently weighed in on IBM. Craig Hallum initiated coverage on International Business Machines in a research report on Wednesday, August 19th. They set a "buy" rating on the stock. Weiss Ratings cut International Business Machines from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Wednesday, June 24th. Argus reduced their price target on shares of International Business Machines from $360.00 to $280.00 and set a "buy" rating for the company in a research report on Thursday, July 16th. KeyCorp cut shares of International Business Machines to a "sector weight" rating in a report on Tuesday, June 23rd. Finally, Jefferies Financial Group lowered their price objective on shares of International Business Machines from $320.00 to $260.00 and set a "buy" rating on the stock in a research report on Tuesday, July 21st. Sixteen analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, International Business Machines currently has an average rating of "Moderate Buy" and an average price target of $265.90.

About International Business Machines

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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