Alberta Investment Management Corp Has $8.56 Million Stock Holdings in International Business Machines Corporation $IBM

Alberta Investment Management Corp cut its stake in shares of International Business Machines Corporation (NYSE:IBM) by 8.5% in the 4th quarter, HoldingsChannel.com reports. The firm owned 28,900 shares of the technology company’s stock after selling 2,700 shares during the quarter. Alberta Investment Management Corp’s holdings in International Business Machines were worth $8,560,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the stock. Basepoint Wealth LLC acquired a new stake in shares of International Business Machines in the fourth quarter valued at approximately $25,000. Family CFO Inc acquired a new stake in shares of International Business Machines in the fourth quarter valued at approximately $25,000. Joseph Group Capital Management acquired a new stake in shares of International Business Machines in the fourth quarter valued at approximately $28,000. Cornerstone Financial Management LLC acquired a new stake in shares of International Business Machines in the fourth quarter valued at approximately $28,000. Finally, SWAN Capital LLC acquired a new stake in shares of International Business Machines in the third quarter valued at approximately $28,000. 58.96% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts have commented on the company. Oppenheimer lowered their price objective on International Business Machines from $380.00 to $320.00 and set an “outperform” rating on the stock in a research note on Thursday, April 16th. Weiss Ratings upgraded International Business Machines from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, June 9th. DZ Bank upgraded International Business Machines from a “hold” rating to a “buy” rating and set a $295.00 price target on the stock in a research note on Friday, April 24th. Wall Street Zen lowered International Business Machines from a “hold” rating to a “sell” rating in a research note on Saturday. Finally, Barclays began coverage on International Business Machines in a research note on Monday, June 1st. They issued an “overweight” rating and a $350.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $304.17.

International Business Machines Trading Up 0.7%

Shares of IBM stock opened at $270.66 on Wednesday. The firm has a market capitalization of $254.39 billion, a P/E ratio of 23.93, a P/E/G ratio of 2.79 and a beta of 0.67. International Business Machines Corporation has a twelve month low of $212.34 and a twelve month high of $332.46. The stock’s fifty day simple moving average is $250.88 and its 200 day simple moving average is $269.61. The company has a quick ratio of 0.76, a current ratio of 0.80 and a debt-to-equity ratio of 1.75.

International Business Machines (NYSE:IBM) last announced its earnings results on Wednesday, April 22nd. The technology company reported $1.91 EPS for the quarter, topping the consensus estimate of $1.81 by $0.10. The firm had revenue of $15.92 billion for the quarter, compared to the consensus estimate of $15.60 billion. International Business Machines had a return on equity of 37.23% and a net margin of 15.61%.The business’s quarterly revenue was up 9.5% compared to the same quarter last year. During the same period in the previous year, the business earned $1.60 EPS. As a group, sell-side analysts predict that International Business Machines Corporation will post 12.38 EPS for the current fiscal year.

International Business Machines Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Friday, May 8th were issued a dividend of $1.69 per share. This represents a $6.76 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend was Friday, May 8th. This is a boost from International Business Machines’s previous quarterly dividend of $1.68. International Business Machines’s dividend payout ratio (DPR) is presently 59.77%.

Trending Headlines about International Business Machines

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

• Positive Sentiment: IBM and Cirata announced an OEM partnership for the next generation of Big Replicate, aimed at removing petabyte-scale AI data bottlenecks and improving governance for large enterprise AI workflows. IBM Launches Big Replicate With Cirata To Tackle AI Data Bottlenecks
• Positive Sentiment: Apptio, which IBM owns, unveiled new AI-powered capabilities to help customers turn technology spending into measurable business outcomes, reinforcing IBM’s AI and hybrid-cloud monetization story. Apptio Unveils Conversational Insights and New Suite of AI-Powered Capabilities
• Positive Sentiment: Several recent commentary pieces and rating upgrades argue IBM has room for multiple expansion, with one article saying the stock could be materially below fair value as the AI narrative builds. IBM Stock Could Be 22.4% Below Fair Value as AI Narrative Builds
• Positive Sentiment: Analysts cited IBM’s recent selloff as a potential buying opportunity, with commentary noting the shares have pulled back from earlier highs while fundamentals remain supportive. Buy, Hold, or Sell: IBM Just Shed 16% Is It a Clear Buy at 268?
• Neutral Sentiment: IBM shares have been volatile recently, with a one-day decline reported in prior coverage before today’s rebound, suggesting traders are still weighing valuation against execution on AI growth. IBM Stock Sinks As Market Gains: Here’s Why
• Negative Sentiment: The $17 million DOJ settlement referenced in recent coverage is a governance overhang, though it appears more notable for compliance optics than for direct financial impact. IBM’s $17 million DOJ settlement makes the case for civility

International Business Machines Company 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.