BMO Capital Markets Cuts International Business Machines (NYSE:IBM) Price Target to $270.00

International Business Machines (NYSE:IBM) had its price target decreased by BMO Capital Markets from $290.00 to $270.00 in a research note released on Thursday, Marketbeat.com reports. BMO Capital Markets currently has a market perform rating on the technology company’s stock.

A number of other research firms have also recently weighed in on IBM. Bank of America upped their price target on International Business Machines from $315.00 to $335.00 and gave the stock a “buy” rating in a report on Tuesday, January 13th. Citigroup initiated coverage on International Business Machines in a report on Friday, April 10th. They issued a “buy” rating and a $285.00 price objective on the stock. Stifel Nicolaus cut their price objective on International Business Machines from $340.00 to $290.00 and set a “buy” rating for the company in a research report on Wednesday, April 8th. DZ Bank raised International Business Machines to a “hold” rating in a research note on Wednesday, February 11th. Finally, Wall Street Zen lowered International Business Machines from a “buy” rating to a “hold” rating in a research report on Sunday, January 11th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $300.25.

International Business Machines Stock Up 0.3%

IBM opened at $231.88 on Thursday. The company has a fifty day moving average of $245.87 and a two-hundred day moving average of $280.37. The stock has a market capitalization of $217.51 billion, a price-to-earnings ratio of 20.50, a PEG ratio of 2.42 and a beta of 0.69. International Business Machines has a fifty-two week low of $220.72 and a fifty-two week high of $324.90. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.92 and a current ratio of 0.80.

International Business Machines (NYSE:IBM) last posted its earnings results on Wednesday, April 22nd. The technology company reported $1.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.81 by $0.10. International Business Machines had a net margin of 15.61% and a return on equity of 37.23%. The business had revenue of $15.92 billion for the quarter, compared to analyst estimates of $15.60 billion. During the same period in the prior year, the company posted $1.60 EPS. The company’s revenue for the quarter was up 9.5% on a year-over-year basis. On average, research analysts expect that International Business Machines will post 12.33 earnings per share for the current year.

International Business Machines Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Friday, May 8th will be issued a $1.69 dividend. This represents a $6.76 annualized dividend and a yield of 2.9%. The ex-dividend date is Friday, May 8th. This is a positive change from International Business Machines’s previous quarterly dividend of $1.68. International Business Machines’s payout ratio is presently 60.27%.

Insider Activity at International Business Machines

In other news, Director Michael Miebach acquired 434 shares of the business’s stock in a transaction on Wednesday, February 25th. The stock was bought at an average cost of $233.33 per share, for a total transaction of $101,265.22. Following the purchase, the director owned 434 shares in the company, valued at approximately $101,265.22. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director David N. Farr bought 1,000 shares of International Business Machines stock in a transaction on Friday, January 30th. The shares were purchased at an average cost of $304.00 per share, with a total value of $304,000.00. Following the acquisition, the director directly owned 9,258 shares of the company’s stock, valued at approximately $2,814,432. The trade was a 12.11% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last quarter, insiders have acquired 1,484 shares of company stock valued at $417,157. 0.27% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Boston Trust Walden Corp boosted its stake in International Business Machines by 2.3% during the 1st quarter. Boston Trust Walden Corp now owns 3,285 shares of the technology company’s stock worth $796,000 after purchasing an additional 75 shares during the last quarter. Seamount Financial Group Inc. raised its position in shares of International Business Machines by 0.5% in the first quarter. Seamount Financial Group Inc. now owns 9,830 shares of the technology company’s stock valued at $2,383,000 after buying an additional 50 shares during the last quarter. Smithbridge Asset Management Inc. DE acquired a new stake in shares of International Business Machines in the first quarter valued at about $294,000. Reliant Investment Management LLC lifted its stake in shares of International Business Machines by 4.4% in the first quarter. Reliant Investment Management LLC now owns 24,238 shares of the technology company’s stock worth $5,875,000 after buying an additional 1,019 shares in the last quarter. Finally, Root Financial Partners LLC boosted its position in International Business Machines by 31.7% during the first quarter. Root Financial Partners LLC now owns 2,666 shares of the technology company’s stock worth $646,000 after acquiring an additional 641 shares during the last quarter. Hedge funds and other institutional investors own 58.96% of the company’s stock.

Trending Headlines about International Business Machines

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

• Positive Sentiment: DZ Bank upgraded IBM to Buy with a $295 price target, giving bullish analyst support and a clear catalyst for buyers. DZ Bank Upgrades IBM to Buy With a $295 Price Target
• Positive Sentiment: IBM unveiled a new AI model aimed at better understanding fusion plasma — a positive long-term innovation narrative that supports IBM’s AI/technology credentials beyond near-term software metrics. IBM’s New AI Model Could Help Unlock Fusion Power
• Positive Sentiment: IBM raised its quarterly dividend to $1.69 (31st consecutive annual raise), which supports income-focused investor demand. What IBM’s Q1 Beat and 31st Dividend Hike Mean
• Neutral Sentiment: IBM beat Q1 revenue and EPS estimates (revenue ~$15.9B, EPS $1.91) but management largely reiterated full‑year guidance — the beat removes one concern but the unchanged outlook limits upside momentum. IBM Q1 Deep Dive
• Neutral Sentiment: Broader market and sector context (software volatility, geopolitical oil/Strait of Hormuz risks) are contributing background noise that can amplify short-term swings but aren’t IBM‑specific fundamentals. US software stocks slide as IBM, ServiceNow results reignite AI disruption fears
• Negative Sentiment: Investors punished the stock after earnings because software growth was viewed as underwhelming versus AI hype; this sparked a sharp post‑earnings selloff (double‑digit moves intraday in recent sessions). IBM slides 8% as investors digest Q1 beat
• Negative Sentiment: Some analysts trimmed targets or expressed concern about near‑term AI monetization, including a recent target cut that helped fuel selling pressure. Stock Down After Analyst Target Cut

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.