Decker Wealth Management LLC Purchases New Holdings in International Business Machines Corporation $IBM

Decker Wealth Management LLC purchased a new position in shares of International Business Machines Corporation (NYSE:IBM) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 20,436 shares of the technology company’s stock, valued at approximately $4,954,000.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Basepoint Wealth LLC bought a new stake in shares of International Business Machines during the 4th quarter valued at $25,000. Family CFO Inc bought a new position in shares of International Business Machines in the fourth quarter worth $25,000. Joseph Group Capital Management bought a new position in shares of International Business Machines in the fourth quarter worth $28,000. Cornerstone Financial Management LLC acquired a new position in International Business Machines in the fourth quarter valued at about $28,000. Finally, SWAN Capital LLC bought a new stake in International Business Machines during the third quarter worth about $28,000. Institutional investors own 58.96% of the company’s stock.

International Business Machines News Summary

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.

Analyst Ratings Changes

A number of equities research analysts have issued reports on IBM shares. Wedbush set a $350.00 price objective on shares of International Business Machines in a research note on Tuesday, June 2nd. Wolfe Research cut shares of International Business Machines to a “peer perform” rating in a research report on Tuesday, June 23rd. Barclays assumed coverage on shares of International Business Machines in a report on Monday, June 1st. They set an “overweight” rating and a $350.00 price target for the company. Wall Street Zen lowered shares of International Business Machines from a “hold” rating to a “sell” rating in a research report on Saturday. Finally, Roth Capital reissued a “buy” rating on shares of International Business Machines in a research note on Wednesday, June 3rd. Fifteen investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $292.89.

International Business Machines Stock Down 0.1%

Shares of NYSE IBM opened at $212.54 on Monday. The company has a market cap of $199.76 billion, a price-to-earnings ratio of 18.79, a PEG ratio of 2.28 and a beta of 0.68. 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 12 month low of $204.44 and a 12 month high of $332.46. The stock has a 50-day moving average price of $263.84 and a two-hundred day moving average price of $263.28.

International Business Machines (NYSE:IBM) last posted its quarterly earnings results on Wednesday, April 22nd. The technology company reported $1.91 earnings per share for the quarter, beating analysts’ consensus estimates of $1.81 by $0.10. The company had revenue of $15.92 billion for the quarter, compared to the consensus estimate of $15.60 billion. International Business Machines had a net margin of 15.61% and a return on equity of 37.23%. The firm’s quarterly revenue was up 9.5% compared to the same quarter last year. During the same period last year, the company posted $1.60 EPS. As a group, analysts forecast that International Business Machines Corporation will post 12.28 earnings per share for the current fiscal year.

International Business Machines Increases Dividend

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

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.