Vanguard Group Inc. Buys 1,913,708 Shares of International Business Machines Corporation $IBM

Key Points

• Vanguard Group increased its IBM stake by 2.1%, buying 1,913,708 shares in Q2 and now owns 95,051,475 shares—about 10.23% of IBM valued at roughly $28.02 billion.
• IBM beat Q3 expectations with EPS of $2.65 (vs. $2.45 est.) and revenue of $16.33 billion (vs. $16.10B), with revenue up 9.1% year‑over‑year.
• IBM announced a quarterly dividend of $1.68 per share (annualized $6.72), yielding about 2.3%, with an ex‑dividend date of Nov 10 and payment on Dec 10.

Vanguard Group Inc. increased its stake in shares of International Business Machines Corporation (NYSE:IBM - Free Report) by 2.1% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 95,051,475 shares of the technology company's stock after purchasing an additional 1,913,708 shares during the quarter. International Business Machines accounts for 0.5% of Vanguard Group Inc.'s holdings, making the stock its 27th biggest holding. Vanguard Group Inc. owned approximately 10.23% of International Business Machines worth $28,019,274,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Family CFO Inc purchased a new stake in shares of International Business Machines in the second quarter valued at $25,000. SSA Swiss Advisors AG bought a new position in International Business Machines during the 1st quarter valued at about $28,000. Dagco Inc. bought a new position in International Business Machines during the 1st quarter valued at about $31,000. Silicon Valley Capital Partners raised its position in International Business Machines by 322.6% in the 1st quarter. Silicon Valley Capital Partners now owns 131 shares of the technology company's stock worth $32,000 after purchasing an additional 100 shares during the period. Finally, Highline Wealth Partners LLC lifted its stake in International Business Machines by 85.0% in the second quarter. Highline Wealth Partners LLC now owns 111 shares of the technology company's stock worth $33,000 after purchasing an additional 51 shares during the last quarter. 58.96% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

IBM has been the topic of several recent analyst reports. Erste Group Bank downgraded International Business Machines from a "buy" rating to a "hold" rating in a report on Thursday, August 14th. UBS Group lifted their target price on International Business Machines from $200.00 to $210.00 and gave the stock a "sell" rating in a research report on Thursday, October 23rd. Weiss Ratings upgraded shares of International Business Machines from a "hold (c+)" rating to a "buy (b)" rating in a report on Saturday, October 25th. Jefferies Financial Group raised their price target on shares of International Business Machines from $280.00 to $305.00 and gave the stock a "hold" rating in a research note on Tuesday, October 21st. Finally, Royal Bank Of Canada dropped their target price on shares of International Business Machines from $315.00 to $300.00 and set an "outperform" rating on the stock in a research note on Thursday, October 23rd. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, International Business Machines currently has an average rating of "Moderate Buy" and an average price target of $288.00.

International Business Machines Trading Down 2.7%

NYSE IBM opened at $297.34 on Tuesday. International Business Machines Corporation has a one year low of $205.37 and a one year high of $324.90. The company has a debt-to-equity ratio of 1.97, a quick ratio of 0.89 and a current ratio of 0.93. The company has a market capitalization of $277.94 billion, a price-to-earnings ratio of 35.57, a price-to-earnings-growth ratio of 4.33 and a beta of 0.71. The company's 50-day simple moving average is $286.75 and its two-hundred day simple moving average is $272.19.

International Business Machines (NYSE:IBM - Get Free Report) last issued its quarterly earnings data on Wednesday, October 22nd. The technology company reported $2.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.45 by $0.20. The company had revenue of $16.33 billion for the quarter, compared to analyst estimates of $16.10 billion. International Business Machines had a net margin of 12.09% and a return on equity of 37.76%. International Business Machines's revenue was up 9.1% compared to the same quarter last year. During the same period last year, the company posted $2.30 earnings per share. International Business Machines has set its FY 2025 guidance at EPS. Equities analysts forecast that International Business Machines Corporation will post 10.78 EPS for the current fiscal year.

International Business Machines Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 10th. Investors of record on Monday, November 10th will be given a dividend of $1.68 per share. The ex-dividend date of this dividend is Monday, November 10th. This represents a $6.72 dividend on an annualized basis and a yield of 2.3%. International Business Machines's dividend payout ratio (DPR) is presently 80.38%.

About International Business Machines

International Business Machines Corporation, together with its subsidiaries, provides integrated solutions and services worldwide. The company operates through Software, Consulting, Infrastructure, and Financing segments. The Software segment offers a hybrid cloud and AI platforms that allows clients to realize their digital and AI transformations across the applications, data, and environments in which they operate.

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