Ranch Capital Advisors Inc. Has $3.02 Million Stake in International Business Machines Corporation $IBM

Ranch Capital Advisors Inc. decreased its position in International Business Machines Corporation (NYSE:IBM) by 21.6% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 12,448 shares of the technology company’s stock after selling 3,420 shares during the quarter. Ranch Capital Advisors Inc.’s holdings in International Business Machines were worth $3,017,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. VIRGINIA RETIREMENT SYSTEMS ET Al grew its holdings in International Business Machines by 424.6% in the 4th quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 260,740 shares of the technology company’s stock valued at $77,234,000 after buying an additional 211,040 shares during the last quarter. GLOBALT Investments LLC GA lifted its holdings in shares of International Business Machines by 19.1% during the fourth quarter. GLOBALT Investments LLC GA now owns 18,288 shares of the technology company’s stock worth $5,417,000 after buying an additional 2,930 shares during the last quarter. Newbridge Financial Services Group Inc. lifted its holdings in shares of International Business Machines by 30.0% during the fourth quarter. Newbridge Financial Services Group Inc. now owns 13,122 shares of the technology company’s stock worth $3,887,000 after buying an additional 3,029 shares during the last quarter. Rice Partnership LLC bought a new stake in shares of International Business Machines in the fourth quarter valued at approximately $3,317,000. Finally, Sage Investment Advisers LLC bought a new stake in shares of International Business Machines in the fourth quarter valued at approximately $4,101,000. Institutional investors own 58.96% of the company’s stock.

International Business Machines Stock Down 3.0%

IBM opened at $212.54 on Friday. The company has a market capitalization of $199.76 billion, a P/E ratio of 18.79, a P/E/G ratio of 2.13 and a beta of 0.68. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.80 and a quick ratio of 0.76. The firm’s fifty day moving average price is $263.84 and its two-hundred day moving average price is $263.58. International Business Machines Corporation has a fifty-two week low of $204.44 and a fifty-two week high of $332.46.

International Business Machines (NYSE:IBM) last released its quarterly earnings data on Wednesday, April 22nd. The technology company reported $1.91 EPS 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 during the quarter, compared to the consensus estimate of $15.60 billion. During the same period last year, the firm earned $1.60 EPS. The firm’s revenue for the quarter was up 9.5% compared to the same quarter last year. On average, analysts anticipate that International Business Machines Corporation will post 12.33 EPS for the current year.

International Business Machines Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Friday, May 8th were paid a dividend of $1.69 per share. This is a positive change from International Business Machines’s previous quarterly dividend of $1.68. This represents a $6.76 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date was Friday, May 8th. International Business Machines’s dividend payout ratio is 59.77%.

Trending Headlines about International Business Machines

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

• Positive Sentiment: IBM launched new Power server products aimed at automation, app modernization, and local AI inferencing, which could support its enterprise AI push over time.
• Positive Sentiment: JPMorgan kept an overweight rating on IBM even after cutting its price target to $250, indicating Wall Street still sees upside from current levels.
• Positive Sentiment: Some analysts say the stock’s sharp decline may have pushed it into oversold territory, which could attract bargain hunters if sentiment stabilizes.
• Neutral Sentiment: IBM heads into its July 22 earnings report with investors focused on whether the company can validate its AI and cloud momentum after the warning.
• Neutral Sentiment: Analysts at Zacks and others are debating whether the selloff is an opportunity or a sign to wait, reflecting uncertainty rather than a clear fundamental shift.
• Negative Sentiment: IBM’s preliminary Q2 miss and weak near-term outlook are the main reasons the stock is falling, as they suggest slower growth and margin pressure.
• Negative Sentiment: Multiple law firms have announced securities-fraud investigations after the plunge, which can keep negative headlines around the stock.
• Negative Sentiment: Analyst sentiment is turning more cautious, with some estimate reductions and technical warnings reinforcing bearish momentum.

Wall Street Analyst Weigh In

IBM has been the topic of a number of research reports. Barclays started coverage on shares of International Business Machines in a research report on Monday, June 1st. They set an “overweight” rating and a $350.00 target price on the stock. Susquehanna started coverage on shares of International Business Machines in a report on Friday, July 10th. They issued a “neutral” rating and a $303.00 price target for the company. Bank of America raised their price target on shares of International Business Machines from $315.00 to $330.00 and gave the stock a “buy” rating in a research report on Monday, July 6th. Argus cut their price objective on shares of International Business Machines from $360.00 to $280.00 and set a “buy” rating for the company in a research report on Thursday. Finally, HSBC set a $175.00 target price on shares of International Business Machines and gave the company a “reduce” rating in a research note on Thursday. Fifteen equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $292.89.

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.