International Business Machines (NYSE:IBM) Announces Quarterly Earnings Results, Beats Expectations By $0.18 EPS

International Business Machines (NYSE:IBM - Get Free Report) announced its earnings results on Wednesday. The technology company reported $1.60 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.42 by $0.18, Zacks reports. International Business Machines had a return on equity of 38.99% and a net margin of 9.60%. The business had revenue of $14.54 billion for the quarter, compared to analyst estimates of $14.41 billion. International Business Machines updated its FY 2025 guidance to EPS and its Q2 2025 guidance to EPS.

International Business Machines Stock Performance

NYSE IBM traded up $3.17 during trading on Friday, reaching $232.50. The company's stock had a trading volume of 6,686,362 shares, compared to its average volume of 4,219,592. The firm has a 50 day moving average price of $245.34 and a 200 day moving average price of $233.91. International Business Machines has a 12 month low of $162.62 and a 12 month high of $266.45. The firm has a market capitalization of $215.59 billion, a price-to-earnings ratio of 36.27, a price-to-earnings-growth ratio of 5.81 and a beta of 0.67. The company has a current ratio of 1.04, a quick ratio of 1.00 and a debt-to-equity ratio of 1.82.

International Business Machines Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Monday, February 10th were given a dividend of $1.67 per share. This represents a $6.68 dividend on an annualized basis and a yield of 2.87%. The ex-dividend date of this dividend was Monday, February 10th. International Business Machines's dividend payout ratio is 104.21%.

Insider Transactions at International Business Machines

In other International Business Machines news, SVP Robert David Thomas sold 26,543 shares of International Business Machines stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $253.01, for a total value of $6,715,644.43. Following the completion of the transaction, the senior vice president now directly owns 45,007 shares of the company's stock, valued at $11,387,221.07. The trade was a 37.10 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.18% of the company's stock.

Institutional Inflows and Outflows

An institutional investor recently raised its position in International Business Machines stock. Brighton Jones LLC lifted its position in shares of International Business Machines Co. (NYSE:IBM - Free Report) by 12.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 21,011 shares of the technology company's stock after acquiring an additional 2,323 shares during the period. Brighton Jones LLC's holdings in International Business Machines were worth $4,619,000 as of its most recent filing with the Securities and Exchange Commission. 58.96% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on IBM. BMO Capital Markets reiterated a "market perform" rating on shares of International Business Machines in a report on Wednesday. Oppenheimer assumed coverage on shares of International Business Machines in a research report on Tuesday, February 11th. They set an "outperform" rating and a $320.00 price target on the stock. KGI Securities set a $242.00 price objective on International Business Machines and gave the company a "hold" rating in a report on Thursday. Bank of America upped their target price on International Business Machines from $260.00 to $270.00 and gave the stock a "buy" rating in a report on Thursday, January 30th. Finally, StockNews.com upgraded International Business Machines from a "hold" rating to a "buy" rating in a research note on Thursday. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $242.41.

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.