Zacks Research Brokers Increase Earnings Estimates for IBM

International Business Machines Corporation (NYSE:IBM) – Equities researchers at Zacks Research boosted their Q2 2027 earnings per share estimates for International Business Machines in a research note issued on Tuesday, September 16th. Zacks Research analyst Team now forecasts that the technology company will post earnings of $3.41 per share for the quarter, up from their prior forecast of $3.40. The consensus estimate for International Business Machines’ current full-year earnings is $10.78 per share.

A number of other brokerages have also issued reports on IBM. Royal Bank Of Canada boosted their target price on International Business Machines from $285.00 to $315.00 and gave the stock an “outperform” rating in a research report on Thursday, July 17th. The Goldman Sachs Group upped their price target on International Business Machines from $270.00 to $310.00 and gave the company a “buy” rating in a research report on Wednesday, July 2nd. BMO Capital Markets upped their price target on International Business Machines from $260.00 to $300.00 and gave the company a “market perform” rating in a research report on Friday, July 18th. Melius Research raised International Business Machines to a “strong-buy” rating in a research report on Monday, July 7th. Finally, JPMorgan Chase & Co. upped their price target on International Business Machines from $244.00 to $290.00 and gave the company a “neutral” rating in a research report on Thursday, July 24th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $275.00.

International Business Machines Stock Up 2.3%

Shares of International Business Machines stock opened at $265.09 on Thursday. The stock’s fifty day moving average is $255.14 and its 200-day moving average is $257.11. The firm has a market capitalization of $246.38 billion, a PE ratio of 43.03, a price-to-earnings-growth ratio of 3.99 and a beta of 0.71. The company has a quick ratio of 0.87, a current ratio of 0.91 and a debt-to-equity ratio of 2.00. International Business Machines has a 12-month low of $203.51 and a 12-month high of $296.16.

International Business Machines (NYSE:IBM) last announced its earnings results on Wednesday, July 23rd. The technology company reported $2.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.65 by $0.15. The company had revenue of $16.98 billion for the quarter, compared to analyst estimates of $16.58 billion. International Business Machines had a return on equity of 37.62% and a net margin of 9.11%.International Business Machines’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.43 earnings per share. International Business Machines has set its FY 2025 guidance at EPS.

International Business Machines Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 10th. Shareholders of record on Friday, August 8th were paid a $1.68 dividend. The ex-dividend date was Friday, August 8th. This represents a $6.72 dividend on an annualized basis and a yield of 2.5%. International Business Machines’s payout ratio is 109.09%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of IBM. Brighton Jones LLC grew its stake in International Business Machines by 12.4% in the fourth quarter. Brighton Jones LLC now owns 21,011 shares of the technology company’s stock valued at $4,619,000 after purchasing an additional 2,323 shares in the last quarter. Waverly Advisors LLC grew its stake in International Business Machines by 15.8% in the fourth quarter. Waverly Advisors LLC now owns 41,900 shares of the technology company’s stock valued at $9,211,000 after purchasing an additional 5,718 shares in the last quarter. White Knight Strategic Wealth Advisors LLC purchased a new position in International Business Machines in the fourth quarter valued at about $290,000. Glen Eagle Advisors LLC grew its stake in International Business Machines by 44.7% in the fourth quarter. Glen Eagle Advisors LLC now owns 3,236 shares of the technology company’s stock valued at $711,000 after purchasing an additional 1,000 shares in the last quarter. Finally, NCM Capital Management LLC boosted its stake in shares of International Business Machines by 29.0% during the 4th quarter. NCM Capital Management LLC now owns 5,806 shares of the technology company’s stock worth $1,276,000 after acquiring an additional 1,305 shares in the last quarter. Hedge funds and other institutional investors own 58.96% of the company’s stock.

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.