<div id="readability-page-1"><p>Donoghue Forlines LLC raised its position in  International Business Machines Corporation (NYSE:IBM - Free Report) by 35.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,021 shares of the technology company's stock after acquiring an additional 2,345 shares during the quarter. Donoghue Forlines LLC's holdings in International Business Machines were worth $2,243,000 at the end of the most recent quarter.</p><ul><li>Analysts Make a Quantum Bet on D-Wave's Cryogenic Packaging </li></ul><p>Several other hedge funds and other institutional investors also recently modified their holdings of IBM. Christopher J. Hasenberg Inc bought a new stake in  International Business Machines during the first quarter worth about $27,000.  SSA Swiss Advisors AG bought a new stake in  International Business Machines during the first quarter worth about $28,000.  Measured Risk Portfolios Inc. bought a new stake in  International Business Machines during the fourth quarter worth about $43,000.  Park Square Financial Group LLC bought a new stake in  International Business Machines during the fourth quarter worth about $43,000.  Finally, Mascagni Wealth Management Inc. bought a new stake in  International Business Machines during the fourth quarter worth about $43,000. Hedge funds and other institutional investors own  58.96% of the company's stock. </p><h2>Wall Street Analyst Weigh In</h2><p>Several research firms recently commented on IBM. Wedbush boosted their price objective on shares of International Business Machines from $300.00 to $325.00 and gave the stock an &#34;outperform&#34; rating in a research note on Friday, June 20th. Morgan Stanley dropped their price objective on shares of International Business Machines from $237.00 to $233.00 and set an &#34;equal weight&#34; rating on the stock in a research note on Thursday, April 24th. KGI Securities  set a $242.00 target price on shares of International Business Machines and gave the stock a &#34;hold&#34; rating in a research note on Thursday, April 24th. Jefferies Financial Group  reiterated a &#34;hold&#34; rating on shares of International Business Machines in a research note on Wednesday, April 23rd. Finally, Melius Research upgraded shares of International Business Machines to a &#34;strong-buy&#34; rating in a research note on Monday, July 7th. One research analyst  has rated the stock with a sell rating, eight have given a hold rating, nine have given a buy rating and two have issued  a strong buy rating to the company's stock. Based on data from MarketBeat.com, International Business Machines presently has a consensus rating of &#34;Moderate Buy&#34; and a consensus target price of $268.75.</p><ul><li>Rigetti Soars 30% on Latest Quantum Leap: What It Means Long-Term</li></ul><p><b>Get Our Latest Research Report on International Business Machines</b></p><h2>International Business Machines Stock Down 3.3%</h2><p>Shares of International Business Machines stock opened at $241.88 on Friday. The company has a market cap of $224.80 billion, a price-to-earnings ratio of 39.27, a price-to-earnings-growth ratio of 3.86 and a beta of 0.69. The company's 50 day moving average is $276.14 and its 200 day moving average is $258.01. International Business Machines Corporation has a twelve month low of $189.00 and a twelve month high of $296.16. The company has a quick ratio of 0.87, a current ratio of 0.91 and a debt-to-equity ratio of 2.00. </p><ul><li>Iron Mountain Down 23% From Its 1-Year High—Is It Undervalued?</li></ul><p>International Business Machines (NYSE:IBM - Get Free Report) last issued its quarterly earnings data on Wednesday, July 23rd. The technology company reported $2.80 earnings per share for the quarter, beating analysts' consensus estimates of $2.65 by $0.15. The company had revenue of $16.98 billion for the quarter, compared to the consensus estimate of $16.58 billion. International Business Machines had a net margin of 9.11% and a return on equity of 37.62%. The firm's revenue for the quarter was up 7.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.43 earnings per share.  Research analysts anticipate that  International Business Machines Corporation will post 10.78 EPS for the current year. </p><h2>International Business Machines Company Profile</h2> (Free Report)<p>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.</p><h2>See Also</h2><ul><li>Five stocks we like better than International Business Machines</li><li>3 Stocks to Consider Buying in October</li><li>Airbnb Beats Earnings, But the Growth Story Is Losing Altitude</li><li>Trading Halts Explained</li><li>Netflix Bulls vs. Bears: Who Wins This Pullback?</li><li>Following Congress Stock Trades</li><li>Viasat: Why a Wall of Cash Has Shorts Running for Cover</li></ul><p><strong>Want to see what other hedge funds are holding IBM?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for International Business Machines Corporation (NYSE:IBM - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUlCTQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUlCTQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in International Business Machines Right Now?</h2><p>Before you consider International Business Machines, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and International Business Machines wasn't on the list.</p><p>While International Business Machines currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Donoghue Forlines LLC increased its stake in International Business Machines Corporation (NYSE:IBM) by 35.1% in Q1, owning 9,021 shares valued at $2.24 million. Other institutional investors also acquired stakes in IBM. Analysts have mixed ratings on the stock, with a consensus rating of "Moderate Buy" and a target price of $268.75. IBM's stock recently opened at $241.88, down 3.3%, with a market cap of $224.80 billion. The company reported Q2 earnings of $2.80 per share, exceeding estimates, with revenue of $16.98 billion, up 7.7% year-over-year.</p>

Donoghue Forlines LLC Grows Stock Holdings in International Business Machines Corporation (NYSE:IBM)