Transcend Capital Advisors LLC Has $17.37 Million Stake in International Business Machines Corporation $IBM

Key Points

• Transcend Capital Advisors trimmed its IBM position to 58,626 shares valued at $17.37 million, representing about 1.3% of its portfolio and the firm's 9th-largest holding.
• IBM beat Q4 estimates, reporting $4.52 EPS versus $4.33 expected and $19.69 billion in revenue (up 12.2% YoY); the stock carries a consensus "Moderate Buy" rating with an average target of $309.63.
• Insider buying and AI momentum: insiders purchased 1,484 shares (~$417k) recently, while IBM is promoting AI-related products (e.g., content-aware storage) and the Confluent acquisition is expected to add roughly $50M to Q1 revenue, supporting near-term outlook.

Transcend Capital Advisors LLC trimmed its position in shares of International Business Machines Corporation (NYSE:IBM - Free Report) by 3.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 58,626 shares of the technology company's stock after selling 2,187 shares during the quarter. International Business Machines accounts for approximately 1.3% of Transcend Capital Advisors LLC's investment portfolio, making the stock its 9th largest position. Transcend Capital Advisors LLC's holdings in International Business Machines were worth $17,366,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Charter Oak Capital Management LLC raised its stake in shares of International Business Machines by 8.7% in the fourth quarter. Charter Oak Capital Management LLC now owns 2,486 shares of the technology company's stock valued at $736,000 after acquiring an additional 199 shares during the period. Tectonic Advisors LLC boosted its stake in shares of International Business Machines by 1.3% during the 4th quarter. Tectonic Advisors LLC now owns 53,983 shares of the technology company's stock worth $15,990,000 after purchasing an additional 694 shares during the period. HBW Advisory Services LLC grew its holdings in International Business Machines by 3.8% during the 4th quarter. HBW Advisory Services LLC now owns 3,165 shares of the technology company's stock valued at $937,000 after purchasing an additional 115 shares during the last quarter. Fourpath Capital Management LLC raised its position in International Business Machines by 3.7% in the 4th quarter. Fourpath Capital Management LLC now owns 2,003 shares of the technology company's stock worth $593,000 after purchasing an additional 72 shares during the period. Finally, Old North State Wealth Management LLC purchased a new stake in International Business Machines in the 4th quarter worth about $206,000. Institutional investors own 58.96% of the company's stock.

Insider Buying and Selling at International Business Machines

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

International Business Machines Price Performance

Shares of IBM stock opened at $237.83 on Tuesday. The company has a market capitalization 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's 50-day simple moving average is $252.70 and its two-hundred day simple moving average is $282.89. International Business Machines Corporation has a one year low of $220.72 and a one year high of $324.90. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.96 and a quick ratio of 0.92.

International Business Machines (NYSE:IBM - Get Free Report) last posted its quarterly earnings results on Wednesday, January 28th. The technology company reported $4.52 earnings per share 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 company's revenue was up 12.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.92 earnings per share. As a group, equities analysts anticipate that International Business Machines Corporation will post 10.78 EPS for the current year.

International Business Machines Dividend Announcement

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

Wall Street Analyst Weigh In

Several research analysts have issued reports on IBM shares. JPMorgan Chase & Co. dropped their target price on International Business Machines from $317.00 to $283.00 and set a "neutral" rating for the company in a research report on Wednesday, March 18th. Wall Street Zen downgraded International Business Machines from a "buy" rating to a "hold" rating in a report on Sunday, January 11th. Wedbush reissued an "outperform" rating and set a $340.00 price target on shares of International Business Machines in a research note on Tuesday, February 24th. Jefferies Financial Group restated a "buy" rating on shares of International Business Machines in a report on Monday, February 23rd. Finally, Oppenheimer set a $380.00 target price on International Business Machines and gave the stock an "outperform" rating in a research note on Thursday, January 29th. One equities 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. According to data from MarketBeat, International Business Machines has a consensus rating of "Moderate Buy" and an average price target of $309.63.

Key Headlines Impacting International Business Machines

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

• Positive Sentiment: Bank of America and market reports expect IBM to report an in-line Q1 on April 22, with the early March close of the Confluent acquisition contributing roughly $50M of revenue and helping offset near-term dilution — supportive for near-term revenue and full‑year guidance.IBM set for in-line Q1 as Confluent deal boosts outlook
• Positive Sentiment: Product/AI momentum: IBM is rolling out "content-aware storage" aimed at solving large AI data management issues — this is strategically aligned with enterprise AI demand and could support longer-term growth and margins if adopted.How IBM Is Solving One of AI’s Biggest Data Problems
• Positive Sentiment: Marketing/partnership PR: IBM provided AI tools for the Masters fan experience, reinforcing IBM's positioning in high‑visibility AI deployments and brand exposure.IBM Rewrites the Masters Fan Experience With AI
• Neutral Sentiment: Research/coverage moves: Citigroup started coverage on IBM and other outlets note elevated investor attention; coverage changes can shift flows but are informational until the firm updates guidance or estimates.International Business Machines NYSE: IBM Research Coverage Started at Citigroup
• Neutral Sentiment: Institutional index activity: Reports note shifts in institutional activity within the Russell 1000 — can affect short-term flows but not fundamentals.IBM NYSE: IBM Sees Institutional Activity Shift in Russell 1000
• Negative Sentiment: Legal/settlement headwind: IBM agreed to pay $17M to settle a DOJ probe alleging unlawful DEI hiring and use of government contract funds — the payment is modest relative to market cap but carries reputational and compliance risk that may weigh on sentiment short term.IBM strikes $17M deal to end feds’ probe of DEI programs
• Negative Sentiment: Analyst caution: Needham cut price targets ahead of earnings, reflecting macro pressure and tempered expectations for upside — analyst downgrades can pressure the stock if sustained.Why Needham Analysts Slashed Their Price Targets on IBM Stock Ahead of Earnings

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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