Cape Investment Advisory Inc. Trims Position in International Business Machines Corporation $IBM

Cape Investment Advisory Inc. trimmed its holdings in shares of International Business Machines Corporation (NYSE:IBM) by 96.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 126 shares of the technology company’s stock after selling 3,810 shares during the period. Cape Investment Advisory Inc.’s holdings in International Business Machines were worth $36,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in IBM. Brighton Jones LLC grew its position in International Business Machines by 12.4% during the 4th quarter. Brighton Jones LLC now owns 21,011 shares of the technology company’s stock worth $4,619,000 after purchasing an additional 2,323 shares during the period. Sivia Capital Partners LLC lifted its holdings in shares of International Business Machines by 10.6% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,938 shares of the technology company’s stock valued at $571,000 after buying an additional 186 shares during the period. Traub Capital Management LLC purchased a new stake in shares of International Business Machines in the second quarter worth about $169,000. FineMark National Bank & Trust boosted its stake in shares of International Business Machines by 10.1% in the second quarter. FineMark National Bank & Trust now owns 10,246 shares of the technology company’s stock worth $3,020,000 after buying an additional 937 shares during the last quarter. Finally, Ensign Peak Advisors Inc grew its holdings in International Business Machines by 1.5% during the second quarter. Ensign Peak Advisors Inc now owns 439,599 shares of the technology company’s stock worth $129,585,000 after acquiring an additional 6,370 shares during the period. Institutional investors and hedge funds own 58.96% of the company’s stock.

International Business Machines Stock Performance

Shares of IBM stock opened at $250.03 on Friday. The company has a current ratio of 0.96, a quick ratio of 0.92 and a debt-to-equity ratio of 1.67. International Business Machines Corporation has a 12-month low of $214.50 and a 12-month high of $324.90. The business’s 50 day moving average is $273.02 and its two-hundred day moving average is $284.48. The company has a market capitalization of $234.53 billion, a P/E ratio of 22.42, a P/E/G ratio of 2.52 and a beta of 0.73.

International Business Machines (NYSE:IBM) last posted its quarterly earnings data on Wednesday, January 28th. The technology company reported $4.52 EPS for the quarter, beating analysts’ consensus estimates of $4.33 by $0.19. International Business Machines had a return on equity of 38.15% and a net margin of 15.69%.The business had revenue of $19.69 billion during the quarter, compared to analysts’ expectations of $19.23 billion. During the same period in the previous year, the business earned $3.92 earnings per share. The business’s revenue was up 12.2% compared to the same quarter last year. Analysts expect that International Business Machines Corporation will post 10.78 EPS for the current fiscal year.

International Business Machines Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 10th were issued a dividend of $1.68 per share. This represents a $6.72 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend was Tuesday, February 10th. International Business Machines’s dividend payout ratio (DPR) is presently 60.27%.

Insider Activity

In related news, Director Michael Miebach purchased 434 shares of International Business Machines stock in a transaction that occurred on Wednesday, February 25th. The stock was purchased at an average price of $233.33 per share, for a total transaction of $101,265.22. Following the transaction, the director directly owned 434 shares in the company, valued at approximately $101,265.22. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director David N. Farr purchased 1,000 shares of the firm’s stock in a transaction that occurred on Friday, January 30th. The stock was bought at an average cost of $304.00 per share, for a total transaction of $304,000.00. Following the completion of the purchase, the director directly owned 9,258 shares in the company, valued at $2,814,432. This represents a 12.11% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last quarter, insiders bought 1,484 shares of company stock worth $417,157. Company insiders own 0.27% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently weighed in on IBM. Morgan Stanley reduced their price target on International Business Machines from $304.00 to $247.00 and set an “equal weight” rating for the company in a research report on Wednesday, February 25th. Oppenheimer set a $380.00 price objective on International Business Machines and gave the stock an “outperform” rating in a research report on Thursday, January 29th. Evercore lifted their target price on shares of International Business Machines from $330.00 to $345.00 and gave the company an “outperform” rating in a report on Thursday, January 29th. BMO Capital Markets decreased their target price on shares of International Business Machines from $350.00 to $290.00 and set a “market perform” rating for the company in a research note on Thursday. Finally, JPMorgan Chase & Co. lowered 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 report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $314.60.

Key Headlines Impacting International Business Machines

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

• Positive Sentiment: IBM closed its acquisition of Confluent, adding real‑time data streaming to feed AI models and automation across hybrid environments — a strategic move that strengthens IBM’s AI story and long‑term enterprise positioning. IBM Confluent Deal Puts Real Time Data At Core Of AI Story
• Positive Sentiment: IBM Consulting announced a collaboration with The Hackett Group to accelerate enterprise AI adoption by mapping AI use cases to workflows — an execution‑oriented partnership that could help convert product capability into client revenues. IBM Business Operations and The Hackett Group Collaborate
• Positive Sentiment: Media and analyst attention (including endorsements from figures like Jim Cramer) is highlighting IBM’s fundamentals and enterprise AI/quantum positioning, supporting investor interest in the stock’s longer‑term thesis. Jim Cramer Advises to Step In Due to Fundamentals
• Neutral Sentiment: Longer‑term recognition of IBM research continued as IBM Fellow Charles H. Bennett received the A.M. Turing Award — positive for reputation but limited near‑term financial impact. Charles H. Bennett Receives A.M. Turing Award
• Neutral Sentiment: Recent valuation analyses show mixed momentum: 1‑month and 3‑month returns have lagged despite multi‑year strength, so some investors view the pullback as either a buying opportunity or a sign to wait for clearer earnings execution. A Look At IBM Valuation As Recent Returns Show Mixed Momentum
• Negative Sentiment: Analysts trimmed targets after the Confluent deal: JPMorgan cut its target to $283 (neutral rating) citing balanced risk/reward, and BMO lowered its target to $290 with a market‑perform view — both reduce near‑term upside expectations. JPMorgan Lowers IBM Target after Confluent Deal
• Negative Sentiment: Unusual options activity: traders bought roughly 88,456 put contracts (about a 115% jump vs. average), signaling elevated downside hedging or speculative bearish bets that can amplify intraday selling pressure.

About International Business Machines

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.