Van Hulzen Asset Management LLC Takes Position in International Business Machines Corporation $IBM

Key Points

• Van Hulzen Asset Management acquired 112,688 IBM shares worth approximately $31.7 million, making IBM its ninth-largest holding and representing about 2.3% of the fund’s portfolio. Institutional investors collectively own 58.96% of IBM.
• Analysts maintain a generally positive outlook, with a consensus rating of “Moderate Buy” and an average price target of $265.90, despite several firms recently lowering targets or downgrading the stock.
• IBM reported quarterly EPS in line with expectations at $2.93, while revenue of $17.16 billion fell short of estimates but grew 1.1% year over year. The company also declared a quarterly dividend of $1.69 per share, equivalent to a 2.9% annual yield.

Van Hulzen Asset Management LLC acquired a new position in International Business Machines Corporation (NYSE:IBM - Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 112,688 shares of the technology company's stock, valued at approximately $31,689,000. International Business Machines comprises approximately 2.3% of Van Hulzen Asset Management LLC's holdings, making the stock its 9th biggest position.

Other hedge funds and other institutional investors have also bought and sold shares of the company. VIRGINIA RETIREMENT SYSTEMS ET Al raised its position in shares of International Business Machines by 424.6% during the fourth quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 260,740 shares of the technology company's stock valued at $77,234,000 after buying an additional 211,040 shares during the last quarter. Assetmark Inc. lifted its stake in shares of International Business Machines by 24.8% in the first quarter. Assetmark Inc. now owns 64,458 shares of the technology company's stock valued at $15,624,000 after buying an additional 12,791 shares during the period. GLOBALT Investments LLC GA grew its position in International Business Machines by 19.1% during the fourth quarter. GLOBALT Investments LLC GA now owns 18,288 shares of the technology company's stock worth $5,417,000 after buying an additional 2,930 shares in the last quarter. Rice Partnership LLC acquired a new stake in International Business Machines during the fourth quarter worth about $3,317,000. Finally, Sage Investment Advisers LLC bought a new position in International Business Machines during the fourth quarter valued at about $4,101,000. 58.96% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the company. Stifel Nicolaus reduced their price objective on 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. Oppenheimer cut International Business Machines from an "outperform" rating to a "market perform" rating in a research report on Wednesday, July 15th. BMO Capital Markets cut their target price on International Business Machines from $270.00 to $230.00 and set a "market perform" rating for the company in a research note on Thursday, July 23rd. Piper Sandler raised International Business Machines to an "overweight" rating in a research report on Tuesday, June 23rd. Finally, The Goldman Sachs Group set a $270.00 price target on shares of International Business Machines in a research note on Thursday, July 23rd. Sixteen investment 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. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $265.90.

Insider Activity at International Business Machines

In other news, SVP Robert Thomas sold 25,000 shares of the business's 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 in the company, valued at approximately $11,009,296. The trade was a 34.34% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.27% of the company's stock.

International Business Machines Trading Down 1.2%

IBM stock opened at $232.02 on Wednesday. International Business Machines Corporation has a 1-year low of $199.19 and a 1-year 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 business's 50 day moving average is $239.81 and its 200-day moving average is $246.65. The firm has a market cap of $218.59 billion, a P/E ratio of 20.59, a P/E/G ratio of 2.24 and a beta of 0.71.

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

International Business Machines Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Monday, August 10th will be issued 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 2.9%. International Business Machines's dividend payout ratio (DPR) is presently 59.98%.

Trending Headlines about International Business Machines

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

• Positive Sentiment: IBM, Cleveland Clinic and Japan’s RIKEN advanced to the finals for the 2026 ACM Gordon Bell Prize after using quantum and classical computing to model a 12,635-atom protein. The achievement highlights IBM’s potential in quantum-centric supercomputing and life-sciences research. Cleveland Clinic, RIKEN and IBM Team Advance to Finals for 2026 ACM Gordon Bell Prize
• Positive Sentiment: An Evercore ISI analyst argued that IBM’s quantum-computing initiatives are effectively being valued at little or nothing in the current stock price, suggesting potential upside if the technology advances commercially. Is IBM’s selloff an opportunity? Here’s one case for the beaten-down stock.
• Neutral Sentiment: IBM shares were reported slightly higher ahead of the latest session, but the update offered no new fundamental catalyst. A separate comparison of IBM and Applied Digital focused on financial metrics rather than a specific IBM business development. IBM stock heads into the open after a 0.08 percent gain
• Negative Sentiment: The main pressure remains concern over a slowdown in IBM Z product activity. The resulting selloff prompted a securities-law investigation announcement, reinforcing investor worries about demand and execution in IBM’s core infrastructure business. IBM Shares Fall Following IBM Z Product Slowdown
• Negative Sentiment: Evercore warned that capital moving into anticipated AI initial public offerings could lead investors to sell existing holdings, placing IBM among stocks vulnerable to portfolio rotation. Evercore Warns AI IPOs Could Pressure IBM

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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