King Luther Capital Management Corp Increases Position in International Business Machines Corporation $IBM

King Luther Capital Management Corp lifted its position in shares of International Business Machines Corporation (NYSE:IBM) by 34.7% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 30,546 shares of the technology company’s stock after buying an additional 7,864 shares during the period. King Luther Capital Management Corp’s holdings in International Business Machines were worth $9,048,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Family CFO Inc purchased a new position in shares of International Business Machines during the fourth quarter valued at approximately $25,000. Joseph Group Capital Management purchased a new position in shares of International Business Machines during the fourth quarter valued at approximately $28,000. SWAN Capital LLC purchased a new position in shares of International Business Machines during the third quarter valued at approximately $28,000. DecisionPoint Financial LLC lifted its stake in shares of International Business Machines by 1,666.7% during the fourth quarter. DecisionPoint Financial LLC now owns 106 shares of the technology company’s stock valued at $31,000 after buying an additional 100 shares during the period. Finally, LFA Lugano Financial Advisors SA purchased a new position in shares of International Business Machines during the fourth quarter valued at approximately $31,000. Hedge funds and other institutional investors own 58.96% of the company’s stock.

International Business Machines News Roundup

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

• Positive Sentiment: IBM announced a five-year global technology modernization agreement with Abertis, a new services deal that should support consulting and infrastructure revenue. IBM and Abertis are Driving the Future of Mobility with a Global Technology Modernization Agreement
• Positive Sentiment: IBM is benefiting from renewed enthusiasm around quantum computing after the U.S. Department of Commerce announced approximately $2.0 billion in planned funding for nine quantum companies, with IBM seen as a key beneficiary because of its quantum chip and foundry partnerships. Trump’s $2 Billion Quantum Bet Lifts IBM, D?Wave, and Rigetti — and Sends Quantum ETF QTUM Toward $5 Billion in Assets
• Positive Sentiment: One analyst reiterated a Buy rating and raised its price target to $280, citing strong first-quarter results, robust free cash flow, and management’s maintained FY2026 guidance for more than 5% revenue growth and about $1 billion in annual free-cash-flow increases. IBM: Why AI Is An Opportunity Not A Threat, Raising My Price Target
• Neutral Sentiment: Several recent articles highlight IBM as a major name in the fast-growing quantum-computing ETF and infrastructure theme, which reinforces investor interest but does not add a new company-specific catalyst on its own. QTUM ETF Crosses $5 Billion Even As IBM, Rigetti, IonQ, D-Wave Cool Off
• Negative Sentiment: The broader quantum trade appears to be cooling after last week’s surge, which could temper near-term momentum in IBM shares even as the longer-term story stays constructive. QTUM ETF Crosses $5 Billion Even As IBM, Rigetti, IonQ, D-Wave Cool Off

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. Weiss Ratings downgraded shares of International Business Machines from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, May 21st. Stifel Nicolaus set a $290.00 price target on shares of International Business Machines in a research note on Friday, May 22nd. Royal Bank Of Canada cut their price target on shares of International Business Machines from $330.00 to $300.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 6th. JPMorgan Chase & Co. cut their price target on shares of International Business Machines from $317.00 to $283.00 and set a “neutral” rating on the stock in a research note on Wednesday, March 18th. Finally, HSBC raised shares of International Business Machines from a “reduce” rating to a “hold” rating and increased their price target for the stock from $218.00 to $231.00 in a research note on Tuesday, April 28th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat, International Business Machines presently has an average rating of “Moderate Buy” and a consensus price target of $294.41.

International Business Machines Stock Performance

NYSE:IBM opened at $255.43 on Thursday. The company has a quick ratio of 0.76, a current ratio of 0.80 and a debt-to-equity ratio of 1.75. The company has a market cap of $240.08 billion, a P/E ratio of 22.58, a P/E/G ratio of 2.60 and a beta of 0.58. International Business Machines Corporation has a fifty-two week low of $212.34 and a fifty-two week high of $324.90. The firm’s 50 day moving average is $239.06 and its two-hundred day moving average is $271.09.

International Business Machines (NYSE:IBM) last posted its quarterly earnings results on Wednesday, April 22nd. The technology company reported $1.91 earnings per share for the quarter, topping analysts’ consensus estimates of $1.81 by $0.10. International Business Machines had a net margin of 15.61% and a return on equity of 37.23%. The company had revenue of $15.92 billion for the quarter, compared to the consensus estimate of $15.60 billion. During the same quarter last year, the firm posted $1.60 earnings per share. International Business Machines’s revenue was up 9.5% on a year-over-year basis. Analysts expect that International Business Machines Corporation will post 12.4 EPS for the current year.

International Business Machines Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Friday, May 8th will be given a $1.69 dividend. The ex-dividend date of this dividend is Friday, May 8th. This is an increase from International Business Machines’s previous quarterly dividend of $1.68. This represents a $6.76 annualized dividend and a dividend yield of 2.6%. International Business Machines’s dividend payout ratio (DPR) is currently 59.77%.

International Business Machines Company 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.