International Business Machines Corporation

New York Stock Exchange
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Somewhat Bullish +35

201,119 Shares in International Business Machines Corporation $IBM ...

📈 Arrowstreet Capital Limited Partnership acquired a new stake of 201,119 shares valued at approximately $48.7 million during the first quarter.

📈 Virginia Retirement Systems increased its IBM holdings by 424.6% in the fourth quarter to own 260,740 shares worth $77.2 million.

📈 Assetmark Inc., GLOBALT Investments LLC GA, and Newbridge Financial Services Group Inc. all boosted their respective stakes in IBM during recent quarters.

💰 IBM reported quarterly earnings of $2.93 per share, which exactly met the consensus estimate of $2.93.

📉 Revenue for the quarter was $17.16 billion, slightly missing the analyst consensus estimate of $17.46 billion.

📈 Year-over-year revenue growth stood at 1.1% compared to the same quarter in the previous year.

💰 The company achieved a net margin of 15.52% and a return on equity of 35.65% for the reported quarter.

📅 A quarterly dividend of $1.69 per share is scheduled to be paid on September 10th to shareholders of record on August 10th.

💵 The dividend represents an annualized yield of 3.1% and a payout ratio of 59.98%.

📊 Analysts forecast average earnings per share of $12.34 for the current fiscal year.

🏢 IBM has a market capitalization of $202.95 billion and trades at a price-to-earnings ratio of 19.16.

📉 The stock currently trades between a 52-week low of $199.19 and a high of $332.46.

Bullish Signals
  • Institutional investors including Virginia Retirement Systems, Arrowstreet Capital, Assetmark Inc., GLOBALT Investments LLC GA, and Newbridge Financial Services Group Inc. have increased their stakes in IBM.
  • IBM reported earnings per share of $2.93 which exactly met analyst consensus estimates.
  • The company achieved a strong return on equity of 35.65% and a net margin of 15.52%.
  • Revenue grew by 1.1% year-over-year to reach $17.16 billion.
  • IBM maintains a consistent dividend policy with an annualized yield of 3.1% and a payout ratio of 59.98%.
Risk Factors
  • IBM's quarterly revenue of $17.16 billion missed the analyst consensus estimate of $17.46 billion.
  • The stock price is currently trading below its 50-day moving average of $262.78 and 200-day moving average of $259.65.
Full Analysis
Institutional investors have recently adjusted their positions in International Business Machines Corporation (IBM), with Arrowstreet Capital Limited Partnership acquiring a new stake of 201,119 shares valued at approximately $48.7 million during the first quarter. Other notable institutional activity includes Virginia Retirement Systems increasing its holdings by 424.6% to own 260,740 shares worth $77.2 million, while Assetmark Inc., GLOBALT Investments LLC GA, and Newbridge Financial Services Group Inc. also boosted their stakes in the technology giant. IBM reported earnings for the quarter ended July 22nd, posting $2.93 per share which met analyst consensus estimates exactly. The company generated revenue of $17.16 billion, slightly missing the consensus estimate of $17.46 billion, representing a 1.1% year-over-year increase. Financial metrics show a net margin of 15.52%, a return on equity of 35.65%, and a payout ratio of 59.98%. The company has a market capitalization of $202.95 billion and trades at a price-to-earnings ratio of 19.16. The board announced a quarterly dividend to be paid on September 10th for shareholders of record on August 10th, set at $1.69 per share. This translates to an annualized dividend yield of 3.1% based on the current stock price. Analysts forecast average earnings per share of $12.34 for the current year. The company operates globally with principal businesses in cloud computing, software, infrastructure, consulting services, and research and development.