Trust Co. of Vermont Sells 4,042 Shares of International Business Machines Corporation $IBM

Key Points

• Trust Co. of Vermont trimmed its IBM position by 9%, selling 4,042 shares and leaving 40,959 shares valued at about $12.13 million per its latest SEC filing.
• IBM beat quarterly estimates with $4.52 EPS vs. $4.33 expected and $19.69 billion revenue (up 12.2% year‑over‑year), and it pays a $1.68 quarterly dividend (annualized $6.72, ~2.8% yield).
• Near‑term positive catalysts include FedRAMP authorization for 11 AI/automation solutions (including watsonx) and a 10‑year AI+quantum collaboration with ETH Zurich, while analysts show a consensus "Moderate Buy" with an average price target of $314.60.

Trust Co. of Vermont trimmed its position in shares of International Business Machines Corporation (NYSE:IBM - Free Report) by 9.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 40,959 shares of the technology company's stock after selling 4,042 shares during the period. Trust Co. of Vermont's holdings in International Business Machines were worth $12,132,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Mountain Hill Investment Partners Corp. bought a new position in shares of International Business Machines in the 3rd quarter valued at about $28,000. SWAN Capital LLC bought a new stake in shares of International Business Machines in the 3rd quarter valued at about $28,000. Trifecta Capital Advisors LLC lifted its stake in International Business Machines by 129.1% in the 3rd quarter. Trifecta Capital Advisors LLC now owns 126 shares of the technology company's stock valued at $36,000 after purchasing an additional 71 shares during the last quarter. American Wealth Advisors LLC acquired a new stake in International Business Machines in the 3rd quarter valued at about $40,000. Finally, Davis Capital Management bought a new position in International Business Machines during the third quarter worth about $54,000. 58.96% of the stock is owned by institutional investors.

International Business Machines Stock Up 0.5%

International Business Machines stock opened at $243.69 on Thursday. The company's 50-day moving average price is $262.05 and its two-hundred day moving average price is $284.16. The company has a quick ratio of 0.92, a current ratio of 0.96 and a debt-to-equity ratio of 1.67. The stock has a market cap of $228.59 billion, a P/E ratio of 21.86, a P/E/G ratio of 2.43 and a beta of 0.73. International Business Machines Corporation has a twelve month low of $214.50 and a twelve month high of $324.90.

International Business Machines (NYSE:IBM - Get Free Report) last posted its earnings results on Wednesday, January 28th. The technology company reported $4.52 EPS for the quarter, beating the consensus estimate of $4.33 by $0.19. The company had revenue of $19.69 billion for the quarter, compared to the consensus estimate of $19.23 billion. International Business Machines had a return on equity of 38.15% and a net margin of 15.69%.The firm's revenue for the quarter was up 12.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $3.92 earnings per share. As a group, analysts expect that International Business Machines Corporation will post 10.78 EPS for the current year.

International Business Machines Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. Weiss Ratings reissued a "buy (b)" rating on shares of International Business Machines in a research report on Thursday, January 22nd. Sanford C. Bernstein reiterated a "market perform" rating on shares of International Business Machines in a research note on Wednesday, December 10th. Stifel Nicolaus boosted their target price on International Business Machines from $325.00 to $340.00 and gave the stock a "buy" rating in a report on Thursday, January 29th. BMO Capital Markets dropped their price target on International Business Machines from $350.00 to $290.00 and set a "market perform" rating on the stock in a research note on Thursday, March 19th. Finally, DZ Bank raised International Business Machines to a "hold" rating in a report on Wednesday, February 11th. One 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 stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $314.60.

Insider Buying and Selling at International Business Machines

In other news, Director Michael Miebach acquired 434 shares of the stock in a transaction on Wednesday, February 25th. The shares were purchased at an average price of $233.33 per share, for a total transaction of $101,265.22. Following the transaction, the director directly owned 434 shares of the company's stock, valued at approximately $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 is accessible through this link. Also, Director David N. Farr bought 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, with a total value of $304,000.00. Following the acquisition, the director directly owned 9,258 shares of the company's stock, valued at approximately $2,814,432. This represents a 12.11% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have acquired a total of 1,484 shares of company stock worth $417,157 in the last quarter. Company insiders own 0.27% of the company's stock.

Key Headlines Impacting International Business Machines

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

• Positive Sentiment: FedRAMP authorizations clear 11 IBM AI/automation solutions (including watsonx) for U.S. federal use, easing procurement and opening a sizeable government revenue channel; authorizations were enabled via IBM’s strategic collaboration with AWS. IBM Expands FedRAMP Portfolio with Authorization of 11 Software Solutions, Including watsonx
• Positive Sentiment: Market reaction: coverage notes the FedRAMP approvals as an immediate catalyst for IBM shares, helping lift sentiment toward its AI software portfolio. IBM Stock Rises after Getting Government Approval for Its AI and Automation Tools
• Positive Sentiment: Long‑term R&D boost: IBM and ETH Zurich launched a 10‑year collaboration to develop next‑gen AI+quantum algorithms — strengthens IBM’s technology leadership, talent pipeline and positioning in a high‑growth, strategic area. This is a multi‑year value driver rather than immediate revenue. IBM and ETH Zurich join forces to shape the future of algorithms for the AI and quantum era
• Positive Sentiment: Quantum progress: analyst pieces highlight IBM advances in quantum computing research (quantum‑AI algorithms and hardware roadmaps) that support a longer‑term growth narrative in frontier computing. IBM Advances Quantum Computing Research: Will it Boost Prospects?
• Neutral Sentiment: Analyst/opinion tone: commentary (Seeking Alpha, Zacks) argues the recent pullback is an investment opportunity and flags IBM as a pick in AI/quantum themes — useful for momentum investors but mainly opinion‑driven. IBM: The Market Is Overreacting And This Retracement Is Creating An Opportunity
• Neutral Sentiment: Business mix: IBM Consulting shows signs of rebound with AI demand, but analysts caution durability given macro competition — a modest positive for revenue but not guaranteed to sustain margins. IBM Consulting Rebounds Slightly: Is AI Enough to Fuel Durable Growth?
• Negative Sentiment: Relative performance: several reports note IBM has risen recently but continues to underperform the broader market and remains below its recent moving‑average levels — a headwind for momentum investors and a reason some funds may still be cautious. International Business Machines Corp. stock rises Tuesday, still underperforms market

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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