Vectors Research Management LLC Has $6.13 Million Stock Holdings in International Business Machines Corporation $IBM

Key Points

• Vectors Research Management LLC decreased its stake in International Business Machines Corporation (IBM) by 16.8% during the second quarter, reducing its holdings to $6.13 million, which accounts for 2.1% of their total portfolio.
• Several institutional investors have recently increased their positions in IBM, including Family CFO Inc and Silicon Valley Capital Partners, with the latter raising its holdings by 322.6%.
• IBM's stock has an average target price of $286.38, with various brokerages offering differing ratings ranging from "Sell" to "Strong Buy," reflecting mixed analyst sentiment.

Vectors Research Management LLC decreased its stake in International Business Machines Corporation (NYSE:IBM - Free Report) by 16.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 20,806 shares of the technology company's stock after selling 4,197 shares during the period. International Business Machines accounts for about 2.1% of Vectors Research Management LLC's holdings, making the stock its 13th biggest holding. Vectors Research Management LLC's holdings in International Business Machines were worth $6,133,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in IBM. Family CFO Inc bought a new stake in shares of International Business Machines during the 2nd quarter valued at about $25,000. Christopher J. Hasenberg Inc bought a new position in International Business Machines in the first quarter worth approximately $27,000. SSA Swiss Advisors AG bought a new position in shares of International Business Machines in the first quarter valued at approximately $28,000. Dagco Inc. bought a new position in shares of International Business Machines in the first quarter valued at approximately $31,000. Finally, Silicon Valley Capital Partners lifted its holdings in shares of International Business Machines by 322.6% in the first quarter. Silicon Valley Capital Partners now owns 131 shares of the technology company's stock valued at $32,000 after purchasing an additional 100 shares in the last quarter. Institutional investors own 58.96% of the company's stock.

Analysts Set New Price Targets

A number of brokerages recently commented on IBM. Morgan Stanley increased their price target on International Business Machines from $253.00 to $256.00 and gave the company an "equal weight" rating in a research report on Wednesday. Melius Research upgraded International Business Machines to a "strong-buy" rating in a research report on Monday, July 7th. JPMorgan Chase & Co. lifted their price target on International Business Machines from $244.00 to $290.00 and gave the company a "neutral" rating in a research report on Thursday, July 24th. UBS Group lifted their price objective on International Business Machines from $195.00 to $200.00 and gave the company a "sell" rating in a research note on Thursday, July 24th. Finally, The Goldman Sachs Group lifted their price objective on International Business Machines from $270.00 to $310.00 and gave the company a "buy" rating in a research note on Wednesday, July 2nd. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of "Hold" and a consensus price target of $286.38.

International Business Machines Stock Down 1.7%

IBM opened at $275.93 on Friday. The company has a market cap of $256.45 billion, a P/E ratio of 44.79, a P/E/G ratio of 4.32 and a beta of 0.73. The business's 50-day moving average price is $260.29 and its 200-day moving average price is $261.44. The company has a current ratio of 0.91, a quick ratio of 0.87 and a debt-to-equity ratio of 2.00. International Business Machines Corporation has a 12 month low of $203.51 and a 12 month high of $301.04.

International Business Machines (NYSE:IBM - Get Free Report) last released its quarterly earnings data on Wednesday, July 23rd. The technology company reported $2.80 EPS for the quarter, topping the consensus estimate of $2.65 by $0.15. The firm had revenue of $16.98 billion for the quarter, compared to the consensus estimate of $16.58 billion. International Business Machines had a return on equity of 37.62% and a net margin of 9.11%.The company's quarterly revenue was up 7.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.43 earnings per share. International Business Machines has set its FY 2025 guidance at EPS. On average, equities analysts expect that International Business Machines Corporation will post 10.78 EPS for the current year.

International Business Machines Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 10th. Shareholders of record on Friday, August 8th were given a dividend of $1.68 per share. The ex-dividend date of this dividend was Friday, August 8th. This represents a $6.72 dividend on an annualized basis and a yield of 2.4%. International Business Machines's dividend payout ratio is presently 109.09%.

International Business Machines Company Profile

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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