Vista Investment Partners LLC Sells 3,856 Shares of International Business Machines Corporation $IBM

Key Points

• Vista Investment Partners cut its IBM stake by 84.1% in the second quarter, selling 3,856 shares and retaining 729 shares valued at approximately $205,000. 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 forecasts but rose 1.1% year over year. The company declared a quarterly dividend of $1.69 per share, equivalent to a 2.9% annualized yield.
• Analyst sentiment remains mixed: IBM has a “Moderate Buy” consensus rating with a $265.40 price target, while concerns include declining legacy infrastructure revenue, a recent earnings-related selloff and newly announced investor investigations.

Vista Investment Partners LLC decreased its stake in shares of International Business Machines Corporation (NYSE:IBM - Free Report) by 84.1% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 729 shares of the technology company's stock after selling 3,856 shares during the quarter. Vista Investment Partners LLC's holdings in International Business Machines were worth $205,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Family CFO Inc bought a new position in shares of International Business Machines during the 4th quarter valued at about $25,000. Basepoint Wealth LLC bought a new stake in shares of International Business Machines in the fourth quarter worth about $25,000. Portus Wealth Advisors LLC purchased a new stake in shares of International Business Machines in the first quarter worth about $26,000. Joseph Group Capital Management purchased a new stake in shares of International Business Machines in the fourth quarter worth about $28,000. Finally, Cornerstone Financial Management LLC bought a new position in International Business Machines during the fourth quarter valued at approximately $28,000. 58.96% of the stock is owned by hedge funds and other institutional investors.

International Business Machines News Roundup

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

• Positive Sentiment: IBM previewed Apptio AI Value & ROI, a tool designed to track AI spending—including token costs—and connect it with business outcomes. The offering could help enterprises justify AI investments and strengthen IBM’s position in AI governance and FinOps software. IBM previews Apptio AI Value & ROI to track AI spend and results
• Positive Sentiment: IBM’s Maximo Application Suite as a Service received FedRAMP Moderate authorization, allowing U.S. federal agencies to use its cloud-based asset-management tools in regulated environments. The approval may expand IBM’s government-cloud opportunity and provide a credibility boost for its software business. IBM Secures FedRAMP Moderate Authorization For Maximo
• Neutral Sentiment: Recent commentary describes IBM as a high-risk, mixed setup: software growth is strong, but declining mainframe sales and the aftermath of the earnings-related selloff could limit the rebound. Investors are weighing whether the recovery reflects value or unresolved operational risk. IBM’s Post-Collapse Rebound: A Complex Risk Reward Profile
• Negative Sentiment: Hagens Berman, Bleichmar Fonti & Auld, and Pomerantz announced investigations related to IBM’s reported financial disclosures and the severe post-earnings decline. These announcements do not establish wrongdoing, but they add legal uncertainty, reputational risk and potential shareholder-claim exposure. IBM Securities Fraud Investigation is Ongoing Pomerantz IBM investor investigation
• Negative Sentiment: Kyndryl reported ongoing IBM-related revenue declines, underscoring potential headwinds in legacy infrastructure and services. That weakness contrasts with IBM’s software momentum and may reinforce concerns about the company’s transition away from older businesses. Kyndryl earnings call highlights

Analyst Ratings Changes

IBM has been the topic of a number of research reports. Susquehanna reduced their price objective on International Business Machines from $303.00 to $225.00 and set a "neutral" rating on the stock in a research note on Friday, July 24th. Piper Sandler upgraded International Business Machines to an "overweight" rating in a research report on Tuesday, June 23rd. HSBC set a $175.00 target price on shares of International Business Machines and gave the company a "reduce" rating in a report on Thursday, July 16th. Robert W. Baird started coverage on shares of International Business Machines in a research note on Tuesday, July 21st. They set a "neutral" rating and a $230.00 price target on the stock. Finally, Roth Capital reiterated a "buy" rating on shares of International Business Machines in a research report on Wednesday, June 3rd. Fifteen 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 company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $265.40.

International Business Machines Trading Down 0.1%

Shares of IBM stock opened at $237.08 on Monday. The company has a market cap of $223.36 billion, a PE ratio of 21.04, a price-to-earnings-growth ratio of 2.33 and a beta of 0.70. International Business Machines Corporation has a 1 year low of $199.19 and a 1 year high of $332.46. The stock's 50 day simple moving average is $258.59 and its two-hundred day simple moving average is $254.94. The company has a debt-to-equity ratio of 1.63, a current ratio of 0.79 and a quick ratio of 0.74.

International Business Machines (NYSE:IBM - Get Free Report) last announced its earnings results on Wednesday, July 22nd. The technology company reported $2.93 EPS for the quarter, hitting analysts' consensus estimates 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 quarter in the previous year, the business earned $2.80 EPS. The company's quarterly revenue was up 1.1% on a year-over-year basis. Research analysts predict that International Business Machines Corporation will post 12.33 earnings per share for the current year.

International Business Machines Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Monday, August 10th will be paid a dividend of $1.69 per share. This represents a $6.76 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend is Monday, August 10th. International Business Machines's payout ratio is presently 59.98%.

International Business Machines Profile

International Business Machines Corporation (IBM) is a global technology and consulting company headquartered in Armonk, New York. Founded in 1911 as the Computing-Tabulating-Recording Company (CTR) and renamed IBM in 1924, the company has evolved from early electromechanical machines to a diversified technology provider serving enterprises and governments worldwide. IBM is publicly traded on the New York Stock Exchange under the ticker symbol IBM.

IBM's principal businesses encompass cloud computing and software, infrastructure and systems, consulting and technology services, and research and development.

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