IPG Investment Advisors LLC Invests $1.49 Million in International Business Machines Corporation $IBM

IPG Investment Advisors LLC bought a new stake in International Business Machines Corporation (NYSE:IBM) in the fourth quarter, Holdings Channel.com reports. The institutional investor bought 5,032 shares of the technology company’s stock, valued at approximately $1,491,000.

A number of other hedge funds also recently modified their holdings of the business. Vanguard Group Inc. lifted its holdings in shares of International Business Machines by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 97,216,131 shares of the technology company’s stock valued at $28,796,390,000 after purchasing an additional 1,439,824 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of International Business Machines by 1.5% in the fourth quarter. Geode Capital Management LLC now owns 22,605,083 shares of the technology company’s stock valued at $6,679,105,000 after purchasing an additional 336,069 shares in the last quarter. Capital World Investors lifted its holdings in shares of International Business Machines by 13.9% in the third quarter. Capital World Investors now owns 17,045,156 shares of the technology company’s stock valued at $4,809,461,000 after purchasing an additional 2,077,506 shares in the last quarter. Legal & General Group Plc lifted its holdings in shares of International Business Machines by 2.5% in the third quarter. Legal & General Group Plc now owns 7,302,722 shares of the technology company’s stock valued at $2,060,536,000 after purchasing an additional 176,219 shares in the last quarter. Finally, Amundi lifted its holdings in shares of International Business Machines by 17.9% in the third quarter. Amundi now owns 4,777,516 shares of the technology company’s stock valued at $1,382,695,000 after purchasing an additional 725,191 shares in the last quarter. 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

International Business Machines Price Performance

Shares of NYSE:IBM opened at $255.43 on Thursday. The company has a current ratio of 0.80, a quick ratio of 0.76 and a debt-to-equity ratio of 1.75. International Business Machines Corporation has a 1 year low of $212.34 and a 1 year high of $324.90. The business has a fifty day simple moving average of $239.06 and a 200 day simple moving average of $271.09. The firm has a market cap of $240.08 billion, a price-to-earnings ratio of 22.58, a P/E/G ratio of 2.60 and a beta of 0.58.

International Business Machines (NYSE:IBM) last announced its quarterly earnings data on Wednesday, April 22nd. The technology company reported $1.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.81 by $0.10. International Business Machines had a return on equity of 37.23% and a net margin of 15.61%.The business had revenue of $15.92 billion during the quarter, compared to analyst estimates of $15.60 billion. During the same period last year, the company earned $1.60 earnings per share. International Business Machines’s quarterly revenue was up 9.5% compared to the same quarter last year. As a group, sell-side analysts predict that International Business Machines Corporation will post 12.4 earnings per share for the current fiscal year.

International Business Machines Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Friday, May 8th will be issued a dividend of $1.69 per share. This represents a $6.76 annualized dividend and a yield of 2.6%. This is an increase from International Business Machines’s previous quarterly dividend of $1.68. The ex-dividend date is Friday, May 8th. International Business Machines’s dividend payout ratio is 59.77%.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on IBM shares. Royal Bank Of Canada reduced their target price on International Business Machines from $330.00 to $300.00 and set an “outperform” rating for the company in a report on Wednesday, May 6th. Morgan Stanley increased their target price on International Business Machines from $215.00 to $225.00 and gave the company an “equal weight” rating in a report on Thursday, April 23rd. JPMorgan Chase & Co. reduced their target price on International Business Machines from $317.00 to $283.00 and set a “neutral” rating for the company in a report on Wednesday, March 18th. Weiss Ratings lowered International Business Machines from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, May 21st. Finally, Oppenheimer cut their price objective on International Business Machines from $380.00 to $320.00 and set an “outperform” rating for the company in a report on Thursday, April 16th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $294.41.

International Business Machines 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.