Van ECK Associates Corp Buys 28,205 Shares of International Business Machines Corporation $IBM

Van ECK Associates Corp increased its position in International Business Machines Corporation (NYSE:IBMFree Report) by 122.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 51,239 shares of the technology company’s stock after acquiring an additional 28,205 shares during the quarter. Van ECK Associates Corp’s holdings in International Business Machines were worth $14,457,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Norges Bank bought a new position in shares of International Business Machines in the second quarter worth approximately $2,011,122,000. Capital World Investors raised its position in shares of International Business Machines by 13.9% during the 3rd quarter. Capital World Investors now owns 17,045,156 shares of the technology company’s stock valued at $4,809,461,000 after purchasing an additional 2,077,506 shares during the period. Vanguard Group Inc. raised its position in shares of International Business Machines by 2.1% during the 2nd quarter. Vanguard Group Inc. now owns 95,051,475 shares of the technology company’s stock valued at $28,019,274,000 after purchasing an additional 1,913,708 shares during the period. Laurel Wealth Advisors LLC lifted its stake in shares of International Business Machines by 27,928.2% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,903,116 shares of the technology company’s stock valued at $561,001,000 after buying an additional 1,896,326 shares in the last quarter. Finally, First Trust Advisors LP boosted its holdings in International Business Machines by 39.6% in the 3rd quarter. First Trust Advisors LP now owns 3,052,880 shares of the technology company’s stock worth $861,401,000 after buying an additional 865,253 shares during the period. Institutional investors own 58.96% of the company’s stock.

International Business Machines Price Performance

Shares of IBM stock traded down $2.70 during trading hours on Friday, hitting $244.98. The stock had a trading volume of 820,887 shares, compared to its average volume of 5,987,821. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.96 and a quick ratio of 0.92. The stock has a market capitalization of $229.80 billion, a price-to-earnings ratio of 21.96, a PEG ratio of 2.49 and a beta of 0.73. International Business Machines Corporation has a one year low of $214.50 and a one year high of $324.90. The stock’s 50-day moving average price is $277.71 and its two-hundred day moving average price is $284.23.

International Business Machines (NYSE:IBMGet Free Report) last announced its quarterly earnings results 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 company had revenue of $19.69 billion during the quarter, compared to analyst estimates of $19.23 billion. During the same period in the prior year, the company earned $3.92 earnings per share. The firm’s revenue was up 12.2% on a year-over-year basis. Equities analysts forecast that International Business Machines Corporation will post 10.78 EPS for the current year.

International Business Machines Dividend Announcement

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

Insider Buying and Selling at International Business Machines

In other International Business Machines news, Director Michael Miebach purchased 434 shares of International Business Machines stock in a transaction that occurred on Wednesday, February 25th. The shares were bought at an average price of $233.33 per share, for a total transaction of $101,265.22. Following the completion of the transaction, the director owned 434 shares of the company’s stock, valued at approximately $101,265.22. This trade represents a ∞ increase in their position. The acquisition was disclosed in a legal 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 shares were acquired at an average cost of $304.00 per share, for a total transaction of $304,000.00. Following the purchase, the director owned 9,258 shares of the company’s stock, valued at $2,814,432. This represents a 12.11% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders purchased 1,484 shares of company stock worth $417,157 in the last 90 days. 0.18% of the stock is currently owned by company insiders.

Key Stories Impacting International Business Machines

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

  • Positive Sentiment: IBM published the industry’s first quantum‑centric supercomputing reference architecture, showing how quantum processors (QPUs) can be integrated with CPUs/GPUs across on‑prem, cloud and research centers — a clear differentiator that supports IBM’s leadership in quantum systems and could open new sales to national labs, research institutions and cloud partners. IBM Releases a New Blueprint for Quantum-Centric Supercomputing
  • Positive Sentiment: IBM teamed with Taiwan’s E.SUN Bank to deploy an enterprise AI governance framework — a real‑world banking customer use case that could accelerate recurring software, consulting and services revenue in financial services where compliance and explainability command premium fees. IBM Teams Up With E.SUN Bank on AI Governance: Will it Fuel Revenue?
  • Positive Sentiment: Analysts remain generally constructive on top tech names including IBM, which supports sentiment that IBM’s mix of hybrid cloud, AI and quantum positions it for multi-year upside even if near-term catalysts are limited. Analysts Are Bullish on Top Technology Stocks
  • Neutral Sentiment: Interview coverage with CFO Jim Kavanaugh reiterates IBM’s strategic focus on AI, hybrid cloud and quantum — useful for investors assessing execution but not an immediate revenue catalyst. The Motley Fool Interviews IBM CFO Jim Kavanaugh
  • Neutral Sentiment: Research collaboration that produced a novel molecule highlights IBM’s deep R&D capabilities (materials/chemistry), which may underpin long‑term IP and partnerships but has limited near‑term revenue impact. International Business Machines (IBM) Develops a Novel Molecule
  • Neutral Sentiment: IBM appears as a named partner in expanded digital accessibility programs (Level Access partner announcements), which is supportive of ecosystem reach but not a material earnings driver. Level Access Supercharges Partner Program to Accelerate Digital Accessibility
  • Negative Sentiment: Market reaction: IBM stock slipped in premarket trading after the quantum blueprint release, suggesting investors are skeptical about the timing and near‑term monetization of quantum initiatives and are focused on valuation and technicals. What’s Going On With IBM Stock On Thursday?

Analyst Ratings Changes

A number of research firms have commented on IBM. Jefferies Financial Group reissued a “buy” rating on shares of International Business Machines in a report on Monday, February 23rd. Evercore upped their price objective on International Business Machines from $330.00 to $345.00 and gave the stock an “outperform” rating in a research note on Thursday, January 29th. Wall Street Zen cut International Business Machines from a “buy” rating to a “hold” rating in a research report on Sunday, January 11th. Weiss Ratings reissued a “buy (b)” rating on shares of International Business Machines in a research note on Thursday, January 22nd. Finally, Sanford C. Bernstein restated a “market perform” rating on shares of International Business Machines in a research note on Wednesday, December 10th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $320.87.

View Our Latest Analysis on IBM

International Business Machines Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for International Business Machines (NYSE:IBM)

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