Van Hulzen Asset Management LLC Has $31.69 Million Stock Holdings in International Business Machines Corporation $IBM

Key Points

• Van Hulzen Asset Management reduced its IBM stake by 2.3% in the second quarter, selling 2,594 shares and retaining 112,688 shares valued at $31.69 million. IBM represents about 2.2% of the firm’s portfolio, while institutional investors own 58.96% of the stock.
• IBM is expanding its quantum-computing and enterprise AI efforts: its Anderon subsidiary finalized a $1 billion CHIPS Act award for a quantum wafer foundry, and IBM announced collaborations to strengthen its watsonx governance and automation offerings.
• IBM reported quarterly revenue of $17.16 billion, up 1.1% year over year, while meeting the $2.93 EPS consensus but missing revenue expectations. Analysts maintain a “Moderate Buy” consensus with an average price target near $265, and IBM pays a $1.69 quarterly dividend, yielding about 2.8%.

Van Hulzen Asset Management LLC reduced its holdings in International Business Machines Corporation (NYSE:IBM - Free Report) by 2.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 112,688 shares of the technology company's stock after selling 2,594 shares during the quarter. International Business Machines makes up approximately 2.2% of Van Hulzen Asset Management LLC's holdings, making the stock its 8th largest holding. Van Hulzen Asset Management LLC's holdings in International Business Machines were worth $31,689,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. BlackRock Inc. acquired a new position in International Business Machines in the second quarter worth $21,586,659,000. Bank of America Corp DE bought a new stake in shares of International Business Machines during the second quarter worth $4,214,868,000. Bank of New York Mellon Corp acquired a new stake in shares of International Business Machines in the second quarter valued at $2,606,782,000. Norges Bank bought a new position in shares of International Business Machines in the fourth quarter valued at about $2,446,429,000. Finally, Legal & General Group Plc acquired a new position in International Business Machines during the 2nd quarter worth about $1,874,733,000. 58.96% of the stock is currently owned by institutional investors.

More International Business Machines News

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

• Positive Sentiment: IBM subsidiary Anderon finalized a $1 billion CHIPS and Science Act award from the U.S. Department of Commerce to support research, development and early production at a 300-millimeter quantum wafer foundry in Albany, New York. IBM is expected to match the award with its own investment. The deal strengthens IBM’s position in quantum-computing infrastructure, although the funding is intended largely for development rather than an immediate revenue increase. Anderon CHIPS award announcement
• Positive Sentiment: Investors view the Anderon facility as a potential long-term growth opportunity because IBM could build quantum manufacturing capacity and provide infrastructure to outside customers. Reports of initial quantum-wafer production and fresh industry breakthroughs have also lifted sentiment toward IBM and quantum peers. IBM quantum infrastructure report
• Positive Sentiment: IBM announced collaborations with CUBE and Dun & Bradstreet that add regulatory intelligence and verified business data to watsonx.governance and watsonx Orchestrate. The agreements support IBM’s effort to turn AI pilots into production-grade, compliant enterprise workflows, though financial terms were not disclosed. CUBE and IBM collaboration
• Neutral Sentiment: Analysts cited in recent coverage set an average price target of approximately $265.90, implying potential upside from recent trading levels, but the target is not a guarantee and IBM remains below its 200-day moving average.
• Negative Sentiment: IBM recently experienced a sharper decline than the broader market, with coverage pointing to profit-taking, technical weakness and general market pressure despite the quantum award. The company must also commit substantial capital alongside federal funding, which could limit the near-term earnings benefit. IBM recent market decline

International Business Machines Price Performance

International Business Machines stock opened at $238.27 on Friday. The business's 50-day simple moving average is $232.30 and its 200 day simple moving average is $246.70. The company has a quick ratio of 0.74, a current ratio of 0.79 and a debt-to-equity ratio of 1.63. The stock has a market cap of $224.48 billion, a price-to-earnings ratio of 21.14, a P/E/G ratio of 2.26 and a beta of 0.71. International Business Machines Corporation has a 12-month low of $199.19 and a 12-month high of $332.46.

International Business Machines (NYSE:IBM - Get Free Report) last announced its quarterly earnings data on Wednesday, July 22nd. The technology company reported $2.93 earnings per share for the quarter, hitting the consensus estimate 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 analysts' expectations of $17.46 billion. During the same period in the previous year, the business posted $2.80 EPS. The company's quarterly revenue was up 1.1% compared to the same quarter last year. As a group, research analysts anticipate that International Business Machines Corporation will post 12.33 earnings per share for the current year.

International Business Machines Announces Dividend

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

Insider Buying and Selling at International Business Machines

In related news, SVP Robert Thomas sold 25,000 shares of the business's stock in a transaction that occurred on Wednesday, August 26th. The shares were sold at an average price of $230.32, for a total transaction of $5,758,000.00. Following the completion of the sale, the senior vice president directly owned 47,800 shares of the company's stock, valued at $11,009,296. The trade was a 34.34% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 0.27% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of brokerages have commented on IBM. Morgan Stanley decreased their price objective on shares of 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. Wolfe Research downgraded shares of International Business Machines to a "peer perform" rating in a research note on Tuesday, June 23rd. Robert W. Baird initiated coverage on shares of International Business Machines in a research report on Tuesday, July 21st. They set a "neutral" rating and a $230.00 target price on the stock. JPMorgan Chase & Co. decreased their price target on shares of International Business Machines from $291.00 to $250.00 and set an "overweight" rating on the stock in a research note on Friday, July 17th. Finally, Wedbush set a $350.00 price target on shares of International Business Machines in a report on Tuesday, June 2nd. Seventeen research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $265.16.

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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