Park Edge Advisors LLC Has $2.25 Million Holdings in International Business Machines Corporation $IBM
by Kim Johansen · The Markets DailyPark Edge Advisors LLC trimmed its stake in shares of International Business Machines Corporation (NYSE:IBM – Free Report) by 27.4% during the fourth quarter, HoldingsChannel reports. The fund owned 7,579 shares of the technology company’s stock after selling 2,855 shares during the period. Park Edge Advisors LLC’s holdings in International Business Machines were worth $2,245,000 as of its most recent SEC filing.
Several other institutional investors have also added to or reduced their stakes in IBM. CVA Family Office LLC increased its holdings in International Business Machines by 1.4% during the 4th quarter. CVA Family Office LLC now owns 2,389 shares of the technology company’s stock worth $708,000 after purchasing an additional 33 shares in the last quarter. Foster Group Inc. lifted its holdings in shares of International Business Machines by 1.3% in the fourth quarter. Foster Group Inc. now owns 2,507 shares of the technology company’s stock valued at $742,000 after purchasing an additional 33 shares in the last quarter. New Covenant Trust Company N.A. lifted its holdings in shares of International Business Machines by 3.8% in the fourth quarter. New Covenant Trust Company N.A. now owns 905 shares of the technology company’s stock valued at $264,000 after purchasing an additional 33 shares in the last quarter. CFS Investment Advisory Services LLC boosted its position in shares of International Business Machines by 0.4% during the third quarter. CFS Investment Advisory Services LLC now owns 9,359 shares of the technology company’s stock worth $2,878,000 after buying an additional 34 shares during the period. Finally, KPP Advisory Services LLC grew its holdings in shares of International Business Machines by 1.7% during the third quarter. KPP Advisory Services LLC now owns 2,069 shares of the technology company’s stock worth $584,000 after buying an additional 34 shares in the last quarter. 58.96% of the stock is owned by institutional investors.
Trending Headlines about International Business Machines
Here are the key news stories impacting International Business Machines this week:
- Positive Sentiment: FedRAMP authorizations for 11 IBM AI and automation solutions (including watsonx) bolster IBM’s ability to win U.S. federal contracts and accelerate sales into government accounts, supporting recurring revenue and credibility. IBM Expands FedRAMP Portfolio
- Positive Sentiment: Strategic collaboration with Arm to develop dual-architecture hardware aimed at large-scale AI and data workloads increases IBM’s addressable market in AI infrastructure and gives customers more deployment choice — a potential revenue accelerator if adopted widely. IBM Announces Strategic Collaboration with Arm
- Positive Sentiment: 10-year research partnership with ETH Zurich to develop AI+quantum algorithms strengthens IBM’s long-term R&D pipeline and technological leadership, important for investor confidence in future growth areas. IBM Partners with ETH Zurich
- Positive Sentiment: Full Sail University will open an on-campus “IBM Cyber Defense Range” (powered by AWS and Cloud Range), expanding IBM’s cybersecurity ecosystem and training pipeline — supportive for long-term adoption of IBM security offerings. Full Sail University to Open IBM Cyber Defense Range
- Positive Sentiment: Marketing/brand activation: IBM’s watsonx-powered “Masters at Madison Square Park” event raises consumer and enterprise visibility for Watson AI capabilities — modest near-term revenue impact but helpful for awareness. First-Ever ‘Masters at Madison Square Park’ Watch Party
- Neutral Sentiment: Analyst and media pieces are mixed: some argue the market has overreacted to recent retracement and view current levels as an opportunity, while others urge reassessment — these narratives can increase volatility but don’t change fundamentals immediately. Is It Time To Reassess IBM
- Negative Sentiment: Near-term pressure from recent share-price weakness and YTD underperformance versus prior multi-year gains may weigh on sentiment and prompt profit-taking or cautious positioning by some funds. Is It Time To Reassess IBM After Recent Share Price Weakness?
Analyst Ratings Changes
A number of brokerages recently issued reports on IBM. JPMorgan Chase & Co. dropped their target price on International Business Machines from $317.00 to $283.00 and set a “neutral” rating on the stock in a research report on Wednesday, March 18th. Oppenheimer set a $380.00 price target on International Business Machines and gave the stock an “outperform” rating in a research report on Thursday, January 29th. Royal Bank Of Canada set a $361.00 price objective on shares of International Business Machines in a report on Thursday, January 29th. BMO Capital Markets cut their price objective on shares of International Business Machines from $350.00 to $290.00 and set a “market perform” rating on the stock in a research report on Thursday, March 19th. Finally, UBS Group upgraded shares of International Business Machines from a “sell” rating to a “neutral” rating and set a $236.00 target price for the company in a report on Wednesday, February 25th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, International Business Machines currently has a consensus rating of “Moderate Buy” and an average target price of $314.60.
Read Our Latest Report on International Business Machines
International Business Machines Stock Performance
IBM opened at $247.86 on Friday. The business’s 50-day simple moving average is $261.11 and its 200 day simple moving average is $283.91. International Business Machines Corporation has a 52-week low of $214.50 and a 52-week high of $324.90. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.92 and a current ratio of 0.96. The firm has a market capitalization of $232.50 billion, a PE ratio of 22.23, a PEG ratio of 2.44 and a beta of 0.69.
International Business Machines (NYSE:IBM – Get Free Report) last posted its quarterly earnings results on Wednesday, January 28th. The technology company reported $4.52 earnings per share for the quarter, beating analysts’ consensus estimates of $4.33 by $0.19. The firm had revenue of $19.69 billion during the quarter, compared to the consensus estimate of $19.23 billion. International Business Machines had a return on equity of 38.15% and a net margin of 15.69%.The business’s revenue was up 12.2% compared to the same quarter last year. During the same period last year, the company earned $3.92 earnings per share. As a group, sell-side analysts expect that International Business Machines Corporation will post 10.78 earnings per share for the current fiscal year.
International Business Machines Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Tuesday, February 10th were paid a $1.68 dividend. The ex-dividend date of this dividend was Tuesday, February 10th. This represents a $6.72 annualized dividend and a dividend yield of 2.7%. International Business Machines’s dividend payout ratio (DPR) is currently 60.27%.
Insiders Place Their Bets
In other news, Director Michael Miebach acquired 434 shares of the firm’s stock in a transaction dated Wednesday, February 25th. The stock was bought at an average price of $233.33 per share, with a total value of $101,265.22. Following the transaction, the director directly owned 434 shares in the company, valued at approximately $101,265.22. The trade was a ∞ increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director David N. Farr bought 1,000 shares of the company’s stock in a transaction dated Friday, January 30th. The stock was purchased at an average cost of $304.00 per share, for a total transaction of $304,000.00. Following the completion of the acquisition, the director owned 9,258 shares in the company, valued at $2,814,432. This trade represents a 12.11% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last 90 days, insiders have purchased 1,484 shares of company stock worth $417,157. 0.27% of the stock is owned by corporate insiders.
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.
Further Reading
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