International Business Machines (NYSE:IBM) Announces Earnings Results

International Business Machines (NYSE:IBM - Get Free Report) announced its quarterly earnings results on Wednesday. The technology company reported $1.60 earnings per share for the quarter, beating the consensus estimate of $1.42 by $0.18, Zacks reports. International Business Machines had a net margin of 9.60% and a return on equity of 38.99%. The business had revenue of $14.54 billion during the quarter, compared to analysts' expectations of $14.41 billion. International Business Machines updated its FY 2025 guidance to EPS and its Q2 2025 guidance to EPS.

International Business Machines Stock Up 0.6 %

Shares of NYSE:IBM traded up $1.30 during trading on Friday, reaching $230.63. 2,365,942 shares of the stock traded hands, compared to its average volume of 4,273,030. The stock has a market cap of $213.85 billion, a P/E ratio of 35.96, a price-to-earnings-growth ratio of 5.81 and a beta of 0.67. The company has a debt-to-equity ratio of 1.82, a quick ratio of 1.00 and a current ratio of 1.04. The stock has a 50-day moving average of $245.94 and a two-hundred day moving average of $233.89. International Business Machines has a 52-week low of $162.62 and a 52-week high of $266.45.

International Business Machines Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Monday, February 10th were paid a dividend of $1.67 per share. The ex-dividend date was Monday, February 10th. This represents a $6.68 dividend on an annualized basis and a yield of 2.90%. International Business Machines's dividend payout ratio is currently 104.21%.

Insider Buying and Selling

In other International Business Machines news, SVP Robert David Thomas sold 26,543 shares of the business's stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $253.01, for a total value of $6,715,644.43. Following the completion of the transaction, the senior vice president now owns 45,007 shares of the company's stock, valued at approximately $11,387,221.07. The trade was a 37.10 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.18% of the stock is owned by company insiders.

Institutional Trading of International Business Machines

An institutional investor recently raised its position in International Business Machines stock. Brighton Jones LLC boosted its stake in International Business Machines Co. (NYSE:IBM - Free Report) by 12.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 21,011 shares of the technology company's stock after purchasing an additional 2,323 shares during the period. Brighton Jones LLC's holdings in International Business Machines were worth $4,619,000 at the end of the most recent quarter. 58.96% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts recently issued reports on the company. Erste Group Bank raised International Business Machines from a "hold" rating to a "strong-buy" rating in a research note on Monday, March 17th. The Goldman Sachs Group reiterated a "buy" rating on shares of International Business Machines in a research report on Wednesday, February 5th. BMO Capital Markets restated a "market perform" rating on shares of International Business Machines in a report on Wednesday. Royal Bank of Canada reiterated an "outperform" rating and issued a $276.00 price target on shares of International Business Machines in a report on Monday, April 14th. Finally, Bank of America upped their price objective on shares of International Business Machines from $260.00 to $270.00 and gave the stock a "buy" rating in a report on Thursday, January 30th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating, eight have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $242.41.

About International Business Machines

International Business Machines Corporation, together with its subsidiaries, provides integrated solutions and services worldwide. The company operates through Software, Consulting, Infrastructure, and Financing segments. The Software segment offers a hybrid cloud and AI platforms that allows clients to realize their digital and AI transformations across the applications, data, and environments in which they operate.