<div id="readability-page-1"><p>Brookstone Capital Management grew its holdings in shares of  International Business Machines Corporation (NYSE:IBM - Free Report) by 12.5% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor  owned 19,115 shares of the technology company's stock after buying an additional 2,127 shares during the period. Brookstone Capital Management's holdings in International Business Machines were worth $5,394,000 as of its most recent filing with the SEC.</p><ul><li>Big Blue’s Big Bet: IBM Buys AI Nervous System for $11B</li></ul><p>Other institutional investors have also added to or reduced their stakes in the company. Norges Bank bought a new stake in  International Business Machines during the 2nd quarter valued at $2,011,122,000.  Vanguard Group Inc. boosted its holdings in shares of  International Business Machines by 2.1% in the second quarter. Vanguard Group Inc. now owns 95,051,475 shares of the technology company's stock worth $28,019,274,000 after acquiring an additional 1,913,708 shares during the period.  Laurel Wealth Advisors LLC boosted its position in shares of  International Business Machines by 27,928.2% in the second quarter. Laurel Wealth Advisors LLC now owns 1,903,116 shares of the technology company's stock valued at $561,001,000 after acquiring an additional 1,896,326 shares during the period.  UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in  International Business Machines by 6.5% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 8,636,725 shares of the technology company's stock valued at $2,147,608,000 after buying an additional 524,633 shares during the period.  Finally, VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in  International Business Machines in the second quarter valued at approximately $133,771,000. 58.96% of the stock is owned by institutional investors and hedge funds. </p><h2>International Business Machines Price Performance</h2><p>IBM stock opened at $305.22 on Friday. The company has a debt-to-equity ratio of 1.97, a current ratio of 0.93 and a quick ratio of 0.89. The company has a market cap of $285.30 billion, a P/E ratio of 36.51, a PEG ratio of 3.03 and a beta of 0.69. The firm has a 50-day moving average of $303.62 and a 200 day moving average of $280.83. International Business Machines Corporation has a 1 year low of $214.50 and a 1 year high of $324.90. </p><ul><li>How Does D-Wave Stack Up to Quantum Rivals After Earnings Season?</li></ul><p>International Business Machines (NYSE:IBM - Get Free Report) last released its earnings results on Wednesday, October 22nd. The technology company reported $2.65 earnings per share for the quarter, topping analysts' consensus estimates 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 firm had revenue of $16.33 billion for the quarter, compared to the consensus estimate of $16.10 billion. During the same period in the prior year, the firm earned $2.30 EPS. The company's revenue was up 9.1% compared to the same quarter last year.  On average, sell-side analysts forecast that  International Business Machines Corporation will post 10.78 EPS for the current 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. Shareholders of record on Monday, November 10th were issued a $1.68 dividend. The ex-dividend date of this dividend was Monday, November 10th. This represents a $6.72 annualized dividend and a yield of 2.2%. International Business Machines's payout ratio is 80.38%. </p><h2>Analysts Set New Price Targets</h2><ul><li>Rigetti’s Q3 Miss Reveals Quantum Funding and Timing Pressures</li></ul><p>A number of equities analysts have commented on IBM shares. Erste Group Bank raised shares of International Business Machines from a &#34;hold&#34; rating to a &#34;buy&#34; rating in a research note on Friday, December 5th. Bank of America upped their target price on shares of International Business Machines from $310.00 to $315.00 and gave the stock a &#34;buy&#34; rating in a research report on Thursday, October 23rd. UBS Group  reissued a &#34;sell&#34; rating on shares of International Business Machines in a report on Tuesday, December 9th. Weiss Ratings raised shares of International Business Machines from a &#34;hold (c+)&#34; rating to a &#34;buy (b)&#34; rating in a research report on Saturday, October 25th. Finally, Royal Bank Of Canada cut their price target on shares of International Business Machines from $315.00 to $300.00 and set an &#34;outperform&#34; rating on the stock in a report on Thursday, October 23rd. One equities research analyst  has rated the stock with a Strong Buy rating, nine have assigned  a Buy rating, six have given a Hold rating and one  has given a Sell rating to the stock. According to data from MarketBeat, International Business Machines  has an average rating of &#34;Moderate Buy&#34; and a consensus target price of $293.38.</p><p><b>Check Out Our Latest Stock Report on International Business Machines</b></p><h2>International Business Machines Company Profile</h2> (Free Report)<p>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.  </p><p>IBM's principal businesses encompass cloud computing and software, infrastructure and systems, consulting and technology services, and research and development.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than International Business Machines</li><li>Do not delete, read immediately</li><li>INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting Off</li><li>Can Any Expenses Be Deducted From Capital Gains Tax?</li><li>Do you know what Amazon is planning for January 1?</li><li>Buffett, Gates and Bezos Quietly Dumping Stocks—Here's Why</li></ul><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>Brookstone Capital Management increased its stake in IBM by 12.5% in Q3, holding $5.39 million worth of shares. IBM's Q3 earnings exceeded expectations with $2.65 EPS and $16.33 billion revenue. Analysts have mixed ratings on IBM, with some upgrading to 'buy' and others maintaining 'hold' or 'sell'. The stock's price target ranges from $300 to $315.</p>

Brookstone Capital Management Has $5.39 Million Position in International Business Machines Corporation $IBM