Sawyer & Company Inc Makes New Investment in International Business Machines Corporation $IBM

Key Points

• Sawyer & Company acquired 2,500 IBM shares in the third quarter, valued at approximately $550,000. Institutional investors collectively own 58.96% of IBM’s outstanding stock.
• IBM shares recently traded at $244.76, with a market capitalization of about $230.6 billion. The company’s latest quarterly results matched analyst EPS expectations at $2.93, while revenue rose 1.1% year over year but fell short of estimates.
• Analyst sentiment remains generally positive, with a consensus “Moderate Buy” rating and an average price target of $255.76, although several firms recently downgraded the stock or reduced their targets. IBM’s software, hybrid cloud and enterprise-AI initiatives remain central to its growth outlook.

Sawyer & Company Inc acquired a new stake in International Business Machines Corporation (NYSE:IBM - Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,500 shares of the technology company's stock, valued at approximately $550,000.

Several other large investors also recently bought and sold shares of IBM. BlackRock Inc. acquired a new stake in shares of International Business Machines in the 2nd quarter valued at about $21,586,659,000. Bank of America Corp DE acquired a new position in International Business Machines during the second quarter worth approximately $4,214,868,000. Bank of New York Mellon Corp acquired a new position in International Business Machines during the second quarter worth approximately $2,606,782,000. Legal & General Group Plc purchased a new stake in International Business Machines in the second quarter valued at approximately $1,874,733,000. Finally, Wellington Management Group LLP lifted its stake in International Business Machines by 2,362.2% in the second quarter. Wellington Management Group LLP now owns 6,549,393 shares of the technology company's stock valued at $1,841,755,000 after buying an additional 6,283,395 shares during the last quarter. Institutional investors and hedge funds own 58.96% of the company's stock.

International Business Machines Stock Performance

Shares of NYSE:IBM traded up $2.84 during midday trading on Wednesday, hitting $244.76. The stock had a trading volume of 2,338,352 shares, compared to its average volume of 7,425,147. International Business Machines Corporation has a 1 year low of $199.19 and a 1 year high of $332.46. The company has a current ratio of 0.79, a quick ratio of 0.74 and a debt-to-equity ratio of 1.63. The stock has a 50 day moving average price of $232.07 and a two-hundred day moving average price of $243.58. The company has a market capitalization of $230.60 billion, a PE ratio of 21.73, a P/E/G ratio of 2.27 and a beta of 0.73.

International Business Machines (NYSE:IBM - Get Free Report) last posted its quarterly earnings results on Wednesday, July 22nd. The technology company reported $2.93 earnings per share (EPS) for the quarter, hitting the consensus estimate of $2.93. The firm had revenue of $17.16 billion during the quarter, compared to analysts' expectations of $17.46 billion. International Business Machines had a net margin of 15.52% and a return on equity of 35.65%. The firm's revenue for the quarter was up 1.1% on a year-over-year basis. During the same period in the prior year, the company posted $2.80 earnings per share. As a group, equities analysts predict that International Business Machines Corporation will post 12.34 earnings per share for the current fiscal year.

International Business Machines News Roundup

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

• Positive Sentiment: Analysts expect third-quarter earnings per share of approximately $2.86–$2.87, representing about 8% year-over-year growth, on revenue of roughly $16.82–$16.84 billion. A beat, stronger guidance, or evidence that delayed deals are closing could support a rebound. IBM Q3 Earnings Preview: Wall Street Expects 8% EPS Growth
• Positive Sentiment: IBM’s software business, including Red Hat, hybrid cloud, and automation, remains the company’s main growth and profit engine. Rising enterprise AI adoption and partnerships could strengthen the investment case if management confirms accelerating software demand. IBM: Software Segment The Key Breadwinner
• Positive Sentiment: IBM is expanding its enterprise-AI positioning through an investment in Leena AI and the launch of the open-source llm-d 1.0 inference platform with Red Hat, Google Cloud, CoreWeave, and NVIDIA. These initiatives may improve IBM’s relevance in scalable, cost-efficient AI workloads, although near-term financial benefits are uncertain. IBM Introduces llm-d 1.0 for Enterprise AI Inference

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on IBM. KeyCorp downgraded International Business Machines to a "sector weight" rating in a report on Tuesday, June 23rd. Sanford C. Bernstein cut their target price on shares of International Business Machines from $280.00 to $230.00 and set a "market perform" rating on the stock in a report on Thursday, July 23rd. Citic Securities upped their price target on shares of International Business Machines from $294.00 to $297.00 and gave the company a "buy" rating in a research report on Wednesday, July 29th. Oppenheimer cut shares of International Business Machines from an "outperform" rating to a "market perform" rating in a research note on Wednesday, July 15th. Finally, Wall Street Zen downgraded shares of International Business Machines from a "hold" rating to a "sell" rating in a research report on Saturday, September 12th. Twenty research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, International Business Machines currently has a consensus rating of "Moderate Buy" and an average price target of $255.76.

Insiders Place Their Bets

In other International Business Machines news, SVP Robert Thomas sold 25,000 shares of the business's stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $230.32, for a total transaction of $5,758,000.00. Following the transaction, the senior vice president owned 47,800 shares in the company, valued at approximately $11,009,296. The trade was a 34.34% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.27% of the company's stock.

International Business Machines Profile

International Business Machines Corporation NYSE: IBM, commonly known as IBM, is a global technology and consulting company that helps organizations modernize their information technology and business operations. Its offerings include hybrid cloud solutions, artificial intelligence software and services, enterprise software, IT infrastructure, cybersecurity, data analytics, and technology consulting.

IBM provides products and services to businesses, governments, and other institutions across industries and regions worldwide.

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