<div id="readability-page-1"><p>FCG Investment Co reduced its position in shares of  International Business Machines Corporation (NYSE:IBM - Free Report) by 51.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,580 shares of the technology company's stock after selling 4,761 shares during the period. FCG Investment Co's holdings in International Business Machines were worth $1,292,000 at the end of the most recent reporting period.</p><ul><li>Big Blue’s Big Bet: IBM Buys AI Nervous System for $11B</li></ul><p>Other institutional investors have also recently bought and sold shares of the company. Family CFO Inc bought a new position in shares of  International Business Machines in the second quarter worth about $25,000.  Winnow Wealth LLC acquired a new stake in  International Business Machines in the 2nd quarter valued at approximately $27,000.  Highline Wealth Partners LLC increased its position in  International Business Machines by 85.0% in the 2nd quarter. Highline Wealth Partners LLC now owns 111 shares of the technology company's stock worth $33,000 after buying an additional 51 shares during the period.  Silicon Valley Capital Partners lifted its holdings in shares of  International Business Machines by 322.6% during the first quarter. Silicon Valley Capital Partners now owns 131 shares of the technology company's stock worth $32,000 after buying an additional 100 shares during the last quarter.  Finally, Copia Wealth Management boosted its position in shares of  International Business Machines by 57.6% in the second quarter. Copia Wealth Management now owns 134 shares of the technology company's stock valued at $40,000 after acquiring an additional 49 shares during the period. Institutional investors own  58.96% of the company's stock. </p><h2>Wall Street Analysts Forecast Growth</h2><p>A number of equities analysts recently issued reports on IBM shares. Wall Street Zen raised shares of International Business Machines from a &#34;hold&#34; rating to a &#34;buy&#34; rating in a research report on Sunday, October 26th. Weiss Ratings upgraded International Business Machines from a &#34;hold (c+)&#34; rating to a &#34;buy (b)&#34; rating in a research note on Saturday, October 25th. Stifel Nicolaus lifted their price target on shares of International Business Machines from $295.00 to $325.00 and gave the stock a &#34;buy&#34; rating in a research note on Tuesday, December 9th. Morgan Stanley dropped their price objective on shares of International Business Machines from $256.00 to $252.00 and set an &#34;equal weight&#34; rating for the company in a research note on Thursday, October 23rd. Finally, Erste Group Bank upgraded shares of International Business Machines from a &#34;hold&#34; rating to a &#34;buy&#34; rating in a research report on Friday, December 5th. One equities research analyst  has rated the stock with a Strong Buy rating, nine have issued  a Buy rating, six have assigned  a Hold rating and one  has assigned  a Sell rating to the stock. According to MarketBeat, International Business Machines currently has a consensus rating of &#34;Moderate Buy&#34; and an average price target of $293.38.</p><ul><li>How Does D-Wave Stack Up to Quantum Rivals After Earnings Season?</li></ul><p><b>Get Our Latest Stock Analysis on International Business Machines</b></p><h2>International Business Machines Stock Performance</h2><p>International Business Machines stock opened at $300.39 on Friday. The firm has a market capitalization of $280.79 billion, a P/E ratio of 35.93, a P/E/G ratio of 3.02 and a beta of 0.69. The stock has a fifty day moving average price of $300.57 and a two-hundred day moving average price of $279.30. 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 1.97, a current ratio of 0.93 and a quick ratio of 0.89. </p><ul><li>Rigetti’s Q3 Miss Reveals Quantum Funding and Timing Pressures</li></ul><p>International Business Machines (NYSE:IBM - Get Free Report) last posted its earnings results on Wednesday, October 22nd. The technology company reported $2.65 earnings per share for the quarter, topping the consensus estimate of $2.45 by $0.20. International Business Machines had a net margin of 12.09% and a return on equity of 37.76%. The business had revenue of $16.33 billion for the quarter, compared to analyst estimates of $16.10 billion. During the same quarter in the prior year, the firm earned $2.30 EPS. The firm's quarterly revenue was up 9.1% compared to the same quarter last year.  As a group, analysts anticipate that  International Business Machines Corporation will post 10.78 EPS for the current fiscal year. </p><h2>International Business Machines Dividend Announcement</h2><p>The company also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Monday, November 10th were paid a $1.68 dividend. The ex-dividend date was Monday, November 10th. This represents a $6.72 dividend on an annualized basis and a dividend yield of 2.2%. International Business Machines's payout ratio is 80.38%. </p><h2>About International Business Machines</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>Featured Stories</h2><ul><li>Five stocks we like better than International Business Machines</li><li>What to Know About Investing in Penny Stocks</li><li>Broadcom Stock Crashes 20%—But Wall Street Sees It Soaring to $500</li><li>Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index</li><li>Forget the Chips: 4 Industrial Plays for the AI Rebound</li><li>How to Evaluate a Stock Before Buying </li><li>MongoDB Could Hit Record Highs—But You’ll Need to Move Fast</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 reporting and unbiased coverage. 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>FCG Investment Co reduced its position in IBM by 51% in Q3, selling 4,761 shares. The firm's holdings in IBM were worth $1,292,000 at the end of the reporting period. Several other institutional investors also adjusted their positions in IBM. Analysts have given IBM a consensus rating of 'Moderate Buy' with an average price target of $293.38. IBM reported Q3 earnings of $2.65 per share, beating estimates, with revenue of $16.33 billion, up 9.1% year-over-year. The company announced a quarterly dividend of $1.68 per share, paid on December 10th.</p>

FCG Investment Co Sells 4,761 Shares of International Business Machines Corporation $IBM