Hamlin Capital Management LLC Buys Shares of 193,749 International Business Machines Corporation $IBM

Hamlin Capital Management LLC bought a new stake in International Business Machines Corporation (NYSE:IBM) during the second quarter, HoldingsChannel.com reports. The institutional investor bought 193,749 shares of the technology company’s stock, valued at approximately $54,484,000. International Business Machines accounts for 1.2% of Hamlin Capital Management LLC’s investment portfolio, making the stock its 28th biggest holding.

Other large investors have also modified their holdings of the company. Basepoint Wealth LLC purchased a new position in International Business Machines in the 4th quarter valued at $25,000. Family CFO Inc acquired a new stake in shares of International Business Machines in the 4th quarter worth $25,000. Joseph Group Capital Management acquired a new stake in shares of International Business Machines in the 4th quarter worth $28,000. Cornerstone Financial Management LLC purchased a new stake in shares of International Business Machines in the fourth quarter valued at about $28,000. Finally, SWAN Capital LLC purchased a new stake in shares of International Business Machines in the third quarter valued at about $28,000. Hedge funds and other institutional investors own 58.96% of the company’s stock.

International Business Machines Trading Up 0.3%

Shares of International Business Machines stock opened at $235.92 on Thursday. The company has a 50-day moving average of $260.43 and a two-hundred day moving average of $255.93. International Business Machines Corporation has a 12-month low of $199.19 and a 12-month high of $332.46. The company has a current ratio of 0.79, a quick ratio of 0.74 and a debt-to-equity ratio of 1.63. The stock has a market cap of $222.27 billion, a PE ratio of 20.93, a price-to-earnings-growth ratio of 2.31 and a beta of 0.70.

International Business Machines (NYSE:IBM) last released its quarterly earnings results on Wednesday, July 22nd. The technology company reported $2.93 earnings per share for the quarter, hitting analysts’ consensus estimates of $2.93. International Business Machines had a return on equity of 35.65% and a net margin of 15.52%.The business had revenue of $17.16 billion for the quarter, compared to analysts’ expectations of $17.46 billion. During the same quarter in the prior year, the firm posted $2.80 EPS. The company’s revenue was up 1.1% compared to the same quarter last year. On average, research analysts anticipate that International Business Machines Corporation will post 12.34 EPS for the current fiscal year.

International Business Machines Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Monday, August 10th will be issued a $1.69 dividend. The ex-dividend date of this dividend is Monday, August 10th. This represents a $6.76 annualized dividend and a yield of 2.9%. International Business Machines’s dividend payout ratio is 59.98%.

International Business Machines News Summary

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

• Positive Sentiment: FedRAMP authorization expands IBM’s government opportunity. IBM Maximo Application Suite as a Service for Government received FedRAMP Moderate authorization, enabling federal agencies to use the platform for secure asset, infrastructure and facilities management. The approval could support additional public-sector SaaS adoption and recurring revenue. IBM Maximo Application Suite Achieves FedRAMP Moderate Authorization
• Positive Sentiment: IBM’s sovereign AI strategy in India offers a growth catalyst. A partnership with Sarvam is targeting India’s public sector, while demand for hybrid cloud and AI services could support estimates and help offset slower legacy operations. Can IBM’s Sovereign AI Solutions for India Propel the Stock Higher?
• Positive Sentiment: Valuation and insider activity provide some support. One analysis argues IBM remains inexpensive on fair-value measures, with long-term upside tied to AI services and quantum computing. Recent reported insider purchases and a median analyst price target well above the current trading level may reinforce the bullish case, although institutional activity remains mixed. IBM Stock Still Looks Cheap On Fair Value Despite Weak Checks
• Neutral Sentiment: Quantum computing is a long-term opportunity but creates near-term uncertainty. CEO Arvind Krishna said quantum computing could make a meaningful contribution to revenue and profit by 2028 or 2029. The comments support IBM’s technology narrative, but the timeline leaves limited immediate earnings impact and has also heightened concerns about quantum risks to cryptocurrencies. IBM CEO Predicts Quantum Computing Will Become a Meaningful Business
• Negative Sentiment: Kyndryl’s results highlighted continuing IBM-related revenue declines. IBM’s former infrastructure-services business reported growth in the United States and consulting, but cited persistent IBM-related revenue headwinds. This suggests separation-related and legacy infrastructure weakness may continue to pressure IBM’s growth profile. Kyndryl Q1 2027 Earnings Call Highlights
• Negative Sentiment: Securities-law investigations add headline and litigation risk. Bleichmar Fonti & Auld and Pomerantz announced investigations concerning alleged misrepresentations about an IBM Z product slowdown. These announcements do not establish wrongdoing, but they may weigh on sentiment and increase uncertainty around IBM’s disclosures and legacy mainframe demand. IBM Legal News: Securities Fraud Investigation

Analyst Ratings Changes

Several research analysts recently issued reports on IBM shares. HSBC set a $175.00 price target on shares of International Business Machines and gave the stock a “reduce” rating in a report on Thursday, July 16th. Morgan Stanley lowered their price objective on International Business Machines from $293.00 to $190.00 and set an “equal weight” rating on the stock in a report on Thursday, July 23rd. Citigroup dropped their target price on International Business Machines from $255.00 to $245.00 and set a “buy” rating on the stock in a research report on Friday, July 24th. Bank of America increased their target price on International Business Machines from $315.00 to $330.00 and gave the stock a “buy” rating in a research note on Monday, July 6th. Finally, KeyCorp cut International Business Machines to a “sector weight” rating in a report on Tuesday, June 23rd. Fifteen analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $265.40.

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.