Archvest Wealth Advisors Inc. Has $148,000 Holdings in International Business Machines Corporation $IBM

Archvest Wealth Advisors Inc. decreased its holdings in International Business Machines Corporation (NYSE:IBM) by 87.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 500 shares of the technology company’s stock after selling 3,571 shares during the quarter. Archvest Wealth Advisors Inc.’s holdings in International Business Machines were worth $148,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of IBM. Brighton Jones LLC lifted its position in International Business Machines by 12.4% during the fourth 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 raised its position 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 in the last quarter. Jump Financial LLC acquired a new position in shares of International Business Machines in the 2nd quarter valued at approximately $211,000. Ieq Capital LLC lifted its holdings in shares of International Business Machines by 2.2% during the 2nd quarter. Ieq Capital LLC now owns 38,617 shares of the technology company’s stock worth $11,383,000 after acquiring an additional 843 shares during the period. Finally, Vivaldi Capital Management LP boosted its position in shares of International Business Machines by 11.6% during the 2nd quarter. Vivaldi Capital Management LP now owns 1,017 shares of the technology company’s stock worth $300,000 after acquiring an additional 106 shares in the last quarter. Institutional investors own 58.96% of the company’s stock.

Trending Headlines about International Business Machines

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

• Positive Sentiment: IBM unveiled a global AI Builders Challenge and expanded access to IBM Bob for 20,000 post-secondary institutions, a move that supports adoption of its AI tools and helps build future enterprise demand. IBM Launches Global AI Builders Challenge With IBM Bob for University Students, Expanding Availability of IBM Bob to 20,000 Post-Secondary Institutions Worldwide
• Positive Sentiment: IBM announced a strategic partnership with three.ws to advance AI-powered 3D agent technology, adding another potential enterprise use case for its hybrid cloud and AI platform. three.ws and IBM Announce Strategic Partnership to Advance AI-Powered 3D Agent Technology
• Positive Sentiment: Barclays initiated coverage on IBM with an Overweight rating and a $350 price target, signaling further upside after the stock’s sharp recent run. Benzinga coverage of Barclays initiation
• Positive Sentiment: IBM CEO Arvind Krishna publicly backed the administration’s narrower AI executive order, which may be viewed favorably by investors who prefer lighter-touch regulation for enterprise AI deployment. Exclusive: IBM CEO backs Trump’s narrowed AI executive order
• Neutral Sentiment: Several articles highlighted IBM’s growing role in quantum computing and workforce training, reinforcing the company’s innovation story but not adding a fresh financial surprise beyond the already announced investment plans. IBM CEO sends strong message on quantum computing
• Neutral Sentiment: Market commentary also focused on whether IBM’s rally has gone too far, with some analysts and writers warning that valuation is becoming stretched after the recent surge. What IBM’s $10-Billion Quantum Project Means For Smaller Players

International Business Machines Stock Down 6.9%

Shares of NYSE:IBM opened at $306.36 on Thursday. International Business Machines Corporation has a 52-week low of $212.34 and a 52-week high of $332.46. The company has a market capitalization of $287.95 billion, a PE ratio of 27.09, a price-to-earnings-growth ratio of 3.41 and a beta of 0.67. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.76 and a current ratio of 0.80. The company has a fifty day moving average of $244.38 and a 200-day moving average of $270.87.

International Business Machines (NYSE:IBM) last released its quarterly earnings data on Wednesday, April 22nd. The technology company reported $1.91 earnings per share for the quarter, beating 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 company had revenue of $15.92 billion for the quarter, compared to the consensus estimate of $15.60 billion. During the same quarter last year, the business posted $1.60 EPS. International Business Machines’s revenue for the quarter was up 9.5% on a year-over-year basis. On average, equities analysts predict that International Business Machines Corporation will post 12.4 EPS for the current fiscal year.

International Business Machines Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders 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 dividend yield of 2.2%. 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 (DPR) is presently 59.77%.

Wall Street Analyst Weigh In

Several brokerages have commented on IBM. Weiss Ratings downgraded shares of International Business Machines from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, May 21st. Oppenheimer reduced their target price on International Business Machines from $380.00 to $320.00 and set an “outperform” rating on the stock in a report on Thursday, April 16th. HSBC upgraded International Business Machines from a “reduce” rating to a “hold” rating and lifted their price target for the company from $218.00 to $231.00 in a research note on Tuesday, April 28th. Citigroup upped their price objective on International Business Machines from $285.00 to $375.00 and gave the stock a “buy” rating in a research report on Tuesday. Finally, Wedbush set a $350.00 price objective on International Business Machines in a research note on Tuesday. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, International Business Machines presently has a consensus rating of “Moderate Buy” and an average price target of $304.17.

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.