Van ECK Associates Corp Acquires 42,686 Shares of International Business Machines Corporation $IBM

Key Points

• Van ECK Associates increased its IBM stake by 38.7% in the second quarter, acquiring 42,686 additional shares and bringing its holdings to 152,995 shares valued at approximately $43.0 million. Institutional investors collectively own 58.96% of IBM.
• IBM reported quarterly EPS of $2.93, in line with estimates, while revenue of $17.16 billion fell short of expectations but rose 1.1% year over year. The company also maintains a quarterly dividend of $1.69, equivalent to a 2.8% annual yield.
• IBM is expanding its AI and quantum-computing initiatives through partnerships with NASA and Lockheed Martin, but these projects are largely strategic and may take years to affect earnings. Analysts retain a “Moderate Buy” consensus, although recent target-price cuts and a shareholder investigation add risk.

Van ECK Associates Corp raised its holdings in shares of International Business Machines Corporation (NYSE:IBM - Free Report) by 38.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 152,995 shares of the technology company's stock after acquiring an additional 42,686 shares during the quarter. Van ECK Associates Corp's holdings in International Business Machines were worth $43,024,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of IBM. Monetta Financial Services Inc. purchased a new stake in shares of International Business Machines in the 2nd quarter worth $984,000. Northstar Asset Management Inc. purchased a new position in International Business Machines during the second quarter valued at $203,000. Nissay Asset Management Corp Japan lifted its position in International Business Machines by 8.7% during the second quarter. Nissay Asset Management Corp Japan now owns 150,830 shares of the technology company's stock valued at $42,415,000 after purchasing an additional 12,055 shares in the last quarter. Navellier & Associates Inc. grew its holdings in International Business Machines by 20.1% during the second quarter. Navellier & Associates Inc. now owns 5,792 shares of the technology company's stock valued at $1,629,000 after purchasing an additional 969 shares during the period. Finally, BNP Paribas grew its holdings in International Business Machines by 24.5% during the second quarter. BNP Paribas now owns 21,794 shares of the technology company's stock valued at $6,114,000 after purchasing an additional 4,286 shares during the period. Institutional investors own 58.96% of the company's stock.

More International Business Machines News

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

• Positive Sentiment: Lunar AI partnership with NASA: IBM and NASA released the open-source Lunar Foundation Model, trained on decades of lunar observation data. The model reportedly outperformed widely used mapping methods by up to 23% in identifying features such as ice deposits, craters and volcanic formations. The announcement strengthens IBM’s profile in scientific AI, although near-term revenue is likely limited. IBM and NASA Release Open-Source AI Model to Support Lunar Exploration
• Positive Sentiment: Swiss quantum-computing hub: IBM and Lockheed Martin are establishing a quantum innovation hub at ETH Zurich through Switzerland’s defense-offset program. The Swiss National Supercomputing Centre is expected to host the country’s first IBM Quantum System Two, powered by IBM’s Nighthawk r2 processor and integrated with the Alps supercomputer. The arrangement could provide IBM with a government-supported, multi-year deployment while expanding access to researchers and businesses. Research will focus on quantum sensing, navigation and advanced materials. IBM and Lockheed Martin Announce Swiss Quantum Innovation Hub
• Neutral Sentiment: Analyst coverage continues to frame IBM as a diversified way to gain exposure to enterprise AI, hybrid cloud and quantum computing. However, the announcements are primarily strategic and research-oriented, so their effect on revenue and earnings may take years to materialize.
• Negative Sentiment: IBM recently underperformed the broader market, while a shareholder-rights law firm announced an investigation tied to management’s prior preview of weak second-quarter 2026 results. The investigation is not an allegation of wrongdoing, but it adds headline and legal risk. IBM Shareholder Investigation

International Business Machines Stock Up 3.9%

NYSE IBM opened at $243.14 on Friday. International Business Machines Corporation has a 12 month low of $199.19 and a 12 month 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 market cap of $229.07 billion, a PE ratio of 21.57, a P/E/G ratio of 2.23 and a beta of 0.71. The stock's 50 day moving average is $236.88 and its 200 day moving average is $246.36.

International Business Machines (NYSE:IBM - Get Free Report) last posted its earnings results on Wednesday, July 22nd. The technology company reported $2.93 earnings per share for the quarter, meeting the consensus estimate of $2.93. The company 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%. International Business Machines's quarterly revenue was up 1.1% on a year-over-year basis. During the same period last year, the company posted $2.80 earnings per share. Research analysts predict that International Business Machines Corporation will post 12.33 EPS for the current fiscal year.

International Business Machines Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Monday, August 10th were issued a $1.69 dividend. The ex-dividend date was Monday, August 10th. This represents a $6.76 dividend on an annualized basis and a dividend yield of 2.8%. International Business Machines's payout ratio is 59.98%.

Insider Buying and Selling

In other news, SVP Robert Thomas sold 25,000 shares of the 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 sale, the senior vice president owned 47,800 shares of the company's stock, valued at approximately $11,009,296. This represents a 34.34% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.27% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on IBM shares. Jefferies Financial Group decreased their price objective on International Business Machines from $320.00 to $260.00 and set a "buy" rating on the stock in a research note on Tuesday, July 21st. JPMorgan Chase & Co. cut their price objective on International Business Machines from $291.00 to $250.00 and set an "overweight" rating for the company in a research note on Friday, July 17th. Piper Sandler raised shares of International Business Machines to an "overweight" rating in a report on Tuesday, June 23rd. BMO Capital Markets lowered their price target on shares of International Business Machines from $270.00 to $230.00 and set a "market perform" rating on the stock in a report on Thursday, July 23rd. Finally, Stifel Nicolaus dropped their price target on shares of International Business Machines from $290.00 to $235.00 and set a "buy" rating for the company in a research report on Monday, July 20th. Sixteen research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $265.90.

International Business Machines Profile

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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