Evanson Financial LLC Acquires Shares of 2,579 International Business Machines Corporation $IBM

Evanson Financial LLC acquired a new stake in International Business Machines Corporation (NYSE:IBM) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 2,579 shares of the technology company’s stock, valued at approximately $725,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Fermata Advisors LLC boosted its stake in International Business Machines by 20.6% in the 2nd quarter. Fermata Advisors LLC now owns 1,327 shares of the technology company’s stock valued at $373,000 after buying an additional 227 shares in the last quarter. 180 Wealth Advisors LLC raised its stake in International Business Machines by 2.2% during the second quarter. 180 Wealth Advisors LLC now owns 15,459 shares of the technology company’s stock worth $4,347,000 after acquiring an additional 338 shares in the last quarter. Post Resch Tallon Group Inc. lifted its holdings in shares of International Business Machines by 2.6% during the second quarter. Post Resch Tallon Group Inc. now owns 5,125 shares of the technology company’s stock valued at $1,441,000 after acquiring an additional 130 shares during the period. Bill Few Associates Inc. lifted its holdings in shares of International Business Machines by 6.3% during the second quarter. Bill Few Associates Inc. now owns 19,815 shares of the technology company’s stock valued at $5,572,000 after acquiring an additional 1,183 shares during the period. Finally, Foster Group Inc. boosted its stake in shares of International Business Machines by 2.2% in the 2nd quarter. Foster Group Inc. now owns 2,650 shares of the technology company’s stock valued at $745,000 after purchasing an additional 57 shares in the last quarter. 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 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

International Business Machines Stock Performance

International Business Machines stock opened at $237.08 on Friday. The stock has a 50-day simple moving average of $258.59 and a 200 day simple moving average of $255.29. The stock has a market capitalization of $223.36 billion, a price-to-earnings ratio of 21.04, a P/E/G ratio of 2.29 and a beta of 0.70. The company has a quick ratio of 0.74, a current ratio of 0.79 and a debt-to-equity ratio of 1.63. International Business Machines Corporation has a 12-month low of $199.19 and a 12-month high of $332.46.

International Business Machines (NYSE:IBM) last issued its quarterly earnings data on Wednesday, July 22nd. The technology company reported $2.93 EPS for the quarter, hitting analysts’ consensus estimates of $2.93. The firm had revenue of $17.16 billion for the quarter, compared to analyst estimates of $17.46 billion. International Business Machines had a net margin of 15.52% and a return on equity of 35.65%. The company’s revenue was up 1.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.80 EPS. On average, research analysts anticipate that International Business Machines Corporation will post 12.34 earnings per share for the current fiscal year.

International Business Machines Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders 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 dividend yield of 2.9%. The ex-dividend date of this dividend is Monday, August 10th. International Business Machines’s dividend payout ratio is 59.98%.

Analysts Set New Price Targets

A number of brokerages recently issued reports on IBM. Barclays dropped their target price on shares of International Business Machines from $288.00 to $262.00 and set an “overweight” rating for the company in a research report on Thursday, July 23rd. Weiss Ratings lowered shares of International Business Machines from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, June 24th. BMO Capital Markets decreased their price objective on shares of International Business Machines from $270.00 to $230.00 and set a “market perform” rating on the stock in a research note on Thursday, July 23rd. Wolfe Research lowered shares of International Business Machines to a “peer perform” rating in a report on Tuesday, June 23rd. Finally, The Goldman Sachs Group set a $270.00 target price on shares of International Business Machines in a research note on Thursday, July 23rd. Fifteen equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, International Business Machines presently has a consensus rating of “Moderate Buy” and an average price target of $265.40.

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.