Sava Infond d.o.o. Makes New $118,000 Investment in International Business Machines Corporation $IBM

Sava Infond d.o.o. purchased a new position in shares of International Business Machines Corporation (NYSE:IBM) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 400 shares of the technology company’s stock, valued at approximately $118,000.

Other large investors have also recently bought and sold shares of the company. Family CFO Inc acquired a new position in International Business Machines during the 2nd quarter worth approximately $25,000. Christopher J. Hasenberg Inc bought a new stake in shares of International Business Machines during the 1st quarter worth approximately $27,000. SSA Swiss Advisors AG bought a new stake in shares of International Business Machines during the 1st quarter worth approximately $28,000. Highline Wealth Partners LLC raised its stake in shares of International Business Machines by 85.0% during the 2nd quarter. Highline Wealth Partners LLC now owns 111 shares of the technology company’s stock worth $33,000 after purchasing an additional 51 shares in the last quarter. Finally, Dagco Inc. bought a new stake in shares of International Business Machines during the 1st quarter worth approximately $31,000. Institutional investors and hedge funds own 58.96% of the company’s stock.

International Business Machines Stock Performance

Shares of NYSE IBM opened at $288.62 on Friday. The company has a debt-to-equity ratio of 2.00, a current ratio of 0.91 and a quick ratio of 0.87. The stock’s fifty day moving average price is $255.18 and its two-hundred day moving average price is $259.22. International Business Machines Corporation has a one year low of $203.51 and a one year high of $296.16. The firm has a market cap of $268.25 billion, a price-to-earnings ratio of 46.85, a P/E/G ratio of 4.41 and a beta of 0.73.

International Business Machines (NYSE:IBM) last issued its quarterly earnings data on Wednesday, July 23rd. The technology company reported $2.80 EPS for the quarter, beating analysts’ consensus estimates of $2.65 by $0.15. International Business Machines had a return on equity of 37.62% and a net margin of 9.11%.The firm had revenue of $16.98 billion for the quarter, compared to analyst estimates of $16.58 billion. During the same period in the prior year, the firm posted $2.43 EPS. The company’s revenue for the quarter was up 7.7% on a year-over-year basis. International Business Machines has set its FY 2025 guidance at EPS. On average, equities analysts forecast that International Business Machines Corporation will post 10.78 EPS for the current year.

International Business Machines Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 10th. Shareholders of record on Friday, August 8th were issued a $1.68 dividend. This represents a $6.72 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend was Friday, August 8th. International Business Machines’s dividend payout ratio is currently 109.09%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on IBM shares. Melius Research upgraded International Business Machines to a “strong-buy” rating in a research note on Monday, July 7th. Wedbush upped their price objective on International Business Machines from $300.00 to $325.00 and gave the stock an “outperform” rating in a research note on Friday, June 20th. The Goldman Sachs Group upped their price objective on International Business Machines from $270.00 to $310.00 and gave the stock a “buy” rating in a research note on Wednesday, July 2nd. Bank of America dropped their price objective on International Business Machines from $320.00 to $310.00 and set a “buy” rating on the stock in a research note on Thursday, July 24th. Finally, Wall Street Zen upgraded International Business Machines from a “hold” rating to a “buy” rating in a research note on Saturday, July 26th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, International Business Machines currently has an average rating of “Hold” and a consensus target price of $284.62.

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.