Triton Financial Group Inc Takes $2.17 Million Position in International Business Machines Corporation $IBM

Key Points

• Triton Financial Group initiated a $2.17 million IBM position by purchasing 7,704 shares in the second quarter, while institutional investors and hedge funds collectively own 58.96% of the company.
• Analyst sentiment remains favorable, with IBM carrying a “Moderate Buy” consensus rating and an average price target of $265.90, despite mixed individual target revisions.
• IBM reported quarterly EPS in line with expectations at $2.93 and revenue of $17.16 billion, while declaring a quarterly dividend of $1.69 per share; an IBM senior vice president separately sold 25,000 shares worth about $5.8 million.

Triton Financial Group Inc bought a new position in shares of International Business Machines Corporation (NYSE:IBM - Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The fund bought 7,704 shares of the technology company's stock, valued at approximately $2,166,000. International Business Machines accounts for 1.2% of Triton Financial Group Inc's investment portfolio, making the stock its 23rd biggest position.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Stonehage Fleming Financial Services Holdings Ltd purchased a new position in International Business Machines in the second quarter valued at approximately $141,000. Blue Edge Capital LLC purchased a new stake in International Business Machines during the second quarter worth approximately $2,345,000. Redwood Investment Management LLC purchased a new stake in International Business Machines during the second quarter worth approximately $1,595,000. Parvin Asset Management LLC acquired a new stake in shares of International Business Machines in the second quarter worth $543,000. Finally, Proficio Capital Partners LLC purchased a new position in shares of International Business Machines in the 2nd quarter valued at $4,150,000. Institutional investors and hedge funds own 58.96% of the company's stock.

Analyst Upgrades and Downgrades

IBM has been the topic of several recent research reports. Susquehanna lifted their target price on shares of International Business Machines from $225.00 to $235.00 and gave the company a "neutral" rating in a report on Monday, August 31st. Wedbush set a $350.00 price objective on International Business Machines in a research note on Tuesday, June 2nd. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $270.00 target price on shares of International Business Machines in a research report on Tuesday, July 21st. Morgan Stanley dropped their target price on International Business Machines from $293.00 to $190.00 and set an "equal weight" rating on the stock in a report on Thursday, July 23rd. Finally, Bank of America upped their price target on International Business Machines from $315.00 to $330.00 and gave the stock a "buy" rating in a report on Monday, July 6th. Sixteen investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, International Business Machines has a consensus rating of "Moderate Buy" and an average target price of $265.90.

International Business Machines Stock Up 3.5%

Shares of NYSE IBM opened at $240.12 on Thursday. The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.74 and a current ratio of 0.79. International Business Machines Corporation has a 1 year low of $199.19 and a 1 year high of $332.46. The stock's 50-day simple moving average is $238.89 and its 200-day simple moving average is $246.54. The firm has a market cap of $226.22 billion, a price-to-earnings ratio of 21.31, a PEG ratio of 2.21 and a beta of 0.71.

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

International Business Machines Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Monday, August 10th will be given a dividend of $1.69 per share. The ex-dividend date of this dividend is Monday, August 10th. This represents a $6.76 dividend on an annualized basis and a dividend yield of 2.8%. International Business Machines's dividend payout ratio (DPR) is presently 59.98%.

Insider Buying and Selling at International Business Machines

In related news, SVP Robert Thomas sold 25,000 shares of International Business Machines stock in a transaction 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 owned 47,800 shares in the company, valued at approximately $11,009,296. The trade was a 34.34% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.27% of the company's stock.

Key International Business Machines News

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

• Positive Sentiment: Quantum-computing milestone: IBM, Cleveland Clinic and RIKEN advanced to the finals of the 2026 ACM Gordon Bell Prize after using quantum-centric supercomputing to model a 12,635-atom protein. The recognition supports IBM’s long-term positioning in quantum computing and life-sciences applications. Cleveland Clinic, RIKEN and IBM Team Advance to Finals for 2026 ACM Gordon Bell Prize
• Positive Sentiment: AI and open-source collaboration: LTM is working with IBM and Red Hat on Lightwell, an initiative focused on AI-driven remediation of open-source software. The partnership reinforces IBM’s hybrid-cloud, Red Hat and enterprise-AI ecosystem. LTM Collaborates with IBM and Red Hat on Lightwell
• Positive Sentiment: Institutional demand and contracts: Quiver reported that 1,936 institutional investors increased IBM positions in the latest quarter, versus 1,592 that reduced holdings. JPMorgan, Sixth Street Partners and Wellington made sizable additions. The data also showed approximately $1.1 billion in government award payments over the past year, providing support for IBM’s public-sector business. IBM Stock Data and Institutional Activity
• Neutral Sentiment: Analyst comparison: Zacks said Arista Networks currently has an edge over IBM because of stronger performance, rising estimates and AI-cloud growth, although IBM offers exposure to cloud and AI at a potentially more moderate valuation. Arista vs. IBM
• Negative Sentiment: Insider selling: IBM Senior Vice President Robert David Thomas sold 25,000 shares for an estimated $5.8 million. Quiver also reported that congressional IBM trading included more sales than purchases, though the signal is not directly tied to operating performance. IBM Insider and Congressional Trading Data

About International Business Machines

International Business Machines Corporation (IBM) is a global technology and consulting company that provides enterprise-focused hardware, software and services. Its offerings include hybrid cloud solutions, artificial intelligence, data and automation software, cybersecurity tools, IT infrastructure and technology consulting.

IBM develops and supports enterprise systems such as IBM Z mainframes, Power servers and storage products. Its software portfolio includes Red Hat hybrid cloud technologies, the watsonx platform for artificial intelligence and data management, application integration tools and cybersecurity solutions.

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