Orion Capital Management LLC Invests $785,000 in International Business Machines Corporation $IBM

Orion Capital Management LLC acquired a new stake in shares of International Business Machines Corporation (NYSE:IBM) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 2,791 shares of the technology company’s stock, valued at approximately $785,000.

A number of other institutional investors have also recently made changes to their positions in IBM. Assetmark Inc. raised its position in International Business Machines by 24.8% during the first quarter. Assetmark Inc. now owns 64,458 shares of the technology company’s stock valued at $15,624,000 after acquiring an additional 12,791 shares in the last quarter. GLOBALT Investments LLC GA boosted its position in International Business Machines by 19.1% in the 4th quarter. GLOBALT Investments LLC GA now owns 18,288 shares of the technology company’s stock worth $5,417,000 after purchasing an additional 2,930 shares in the last quarter. Rice Partnership LLC acquired a new stake in shares of International Business Machines during the 4th quarter worth approximately $3,317,000. Sage Investment Advisers LLC purchased a new position in shares of International Business Machines during the 4th quarter valued at approximately $4,101,000. Finally, Flputnam Investment Management Co. purchased a new stake in International Business Machines during the second quarter worth $15,237,000. Institutional investors and hedge funds own 58.96% of the company’s stock.

More International Business Machines News

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

• Positive Sentiment: IBM and Lockheed Martin announced a quantum innovation hub at ETH Zurich, supported by Switzerland’s defense-procurement offset program. The initiative will deploy Switzerland’s first IBM Quantum System Two at the Swiss National Supercomputing Centre, giving IBM a multi-year platform for quantum-computing research in areas such as sensing and advanced materials. IBM and Lockheed Martin Announce Swiss Quantum Innovation Hub
• Positive Sentiment: IBM and NASA released an open-source Lunar Foundation Model trained on extensive lunar-observation data. The model reportedly improves identification of lunar features, including potential ice deposits and craters, highlighting IBM’s AI capabilities and government-research relationships, although the near-term revenue impact is likely limited. IBM and NASA Release Open-Source AI Model
• Positive Sentiment: Market commentary continues to identify IBM as an established-company route to AI and quantum exposure, supported by its hybrid-cloud, enterprise-software and consulting businesses. A Cleveland Clinic, RIKEN and IBM team was also named a finalist for the ACM Gordon Bell Prize for quantum-centric supercomputing research. IBM Team Advances to Gordon Bell Prize Finals
• Neutral Sentiment: A shareholder-rights law firm announced an investigation into IBM related to its previously previewed second-quarter results. Such notices are often solicitation-driven and do not establish wrongdoing, but they can add headline and legal-risk pressure. Law Firm Investigation Report
• Negative Sentiment: IBM’s latest quarterly results showed earnings in line with estimates but revenue below expectations, reinforcing concerns that growth is modest. Analysts also continue to view competing AI-cloud names as having stronger near-term growth and momentum.
• Negative Sentiment: Investors remain focused on IBM’s earlier AI-security investment and whether related partnerships will translate into durable software revenue. Those questions, combined with a premium valuation and broader-market weakness, appear to have outweighed the longer-term quantum and AI announcements. IBM AI Security Investment

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on IBM shares. Wall Street Zen raised shares of International Business Machines from a “sell” rating to a “hold” rating in a research note on Saturday, August 29th. Morgan Stanley lowered their price target on International Business Machines from $293.00 to $190.00 and set an “equal weight” rating on the stock in a research report on Thursday, July 23rd. Susquehanna raised their price objective on International Business Machines from $225.00 to $235.00 and gave the company a “neutral” rating in a report on Monday, August 31st. KeyCorp cut International Business Machines to a “sector weight” rating in a research report on Tuesday, June 23rd. Finally, Sanford C. Bernstein reiterated a “market perform” rating on shares of International Business Machines in a research report on Thursday, July 16th. Sixteen equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, International Business Machines has a consensus rating of “Moderate Buy” and an average price target of $265.90.

International Business Machines Trading Down 2.5%

Shares of International Business Machines stock opened at $234.06 on Friday. The company has a current ratio of 0.79, a quick ratio of 0.74 and a debt-to-equity ratio of 1.63. International Business Machines Corporation has a twelve month low of $199.19 and a twelve month high of $332.46. The firm has a market capitalization of $220.51 billion, a PE ratio of 20.77, a P/E/G ratio of 2.29 and a beta of 0.71. The firm’s 50-day moving average price is $237.79 and its 200 day moving average price is $246.38.

International Business Machines (NYSE:IBM) last posted its quarterly earnings data on Wednesday, July 22nd. The technology company reported $2.93 EPS for the quarter, hitting the consensus estimate of $2.93. International Business Machines had a return on equity of 35.65% and a net margin of 15.52%.The company had revenue of $17.16 billion during the quarter, compared to analyst estimates of $17.46 billion. During the same period in the previous year, the business earned $2.80 EPS. International Business Machines’s quarterly revenue was up 1.1% on a year-over-year basis. On average, sell-side analysts predict that International Business Machines Corporation will post 12.33 EPS for the current fiscal year.

International Business Machines Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Investors of record on Monday, August 10th were given 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 was Monday, August 10th. International Business Machines’s payout ratio is presently 59.98%.

Insider Buying and Selling

In related news, SVP Robert Thomas sold 25,000 shares of the stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $230.32, for a total value of $5,758,000.00. Following the completion of the transaction, the senior vice president directly owned 47,800 shares of the company’s stock, valued at approximately $11,009,296. This represents a 34.34% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.27% of the company’s stock.

International Business Machines Company Profile

International Business Machines Corporation (IBM) is a global technology and consulting company that provides enterprise-focused hardware, software and services. Its offerings include hybrid cloud solutions, artificial intelligence, data and automation software, cybersecurity tools, IT infrastructure and technology consulting.

IBM develops and supports enterprise systems such as IBM Z mainframes, Power servers and storage products. Its software portfolio includes Red Hat hybrid cloud technologies, the watsonx platform for artificial intelligence and data management, application integration tools and cybersecurity solutions.