International Business Machines Co. (NYSE:IBM) Shares Bought by Investment Management of Virginia LLC

Investment Management of Virginia LLC grew its holdings in shares of International Business Machines Co. (NYSE:IBM – Get Rating) by 9.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 36,400 shares of the technology company’s stock after purchasing an additional 3,022 shares during the period. Investment Management of Virginia LLC’s holdings in International Business Machines were worth $4,325,000 at the end of the most recent reporting period.

→ Top Lithium Stock To Watch (From PressReach)

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Personal Capital Advisors Corp increased its position in International Business Machines by 6.1% during the 3rd quarter. Personal Capital Advisors Corp now owns 11,996 shares of the technology company’s stock worth $1,425,000 after purchasing an additional 685 shares during the period. Level Four Advisory Services

Read More

International Business Machines Corp – Final Results



IBM RELEASES FOURTH-QUARTER RESULTS

Revenue Growth in All Key Segments; Expanded Margins; Solid Cash Generation

ARMONK, N.Y., Jan. 25, 2023 — IBM (NYSE: IBM) today announced fourth-quarter 2022 earnings results.

Logo – https://mma.prnewswire.com/media/95470/ibm_logo.jpg

“Our solid fourth-quarter performance capped a year in which we grew revenue above our mid-single digit model. Clients in all geographies increasingly embraced our hybrid cloud and AI solutions as technology remains a differentiating force in today’s business environment,” said Arvind Krishna, IBM chairman and chief executive officer. “Looking ahead to 2023, we expect full-year revenue growth consistent with our mid-single digit model.”

Fourth-Quarter Highlights

  • Revenue of $16.7 billion, flat, up 6 percent at constant currency 
    – Software revenue up 3 percent, up 8 percent at constant currency
    – Consulting revenue up 0.5 percent, up 9 percent at constant currency
    – Infrastructure revenue up 2 percent, up 7 percent at
Read More

International Business Machines Corporation (NYSE:IBM) Q4 2022 Earnings Call Transcript

International Business Machines Corporation (NYSE:IBM) Q4 2022 Earnings Call Transcript January 25, 2023

Operator: Welcome, and thank you for standing by. At this time, all participants are in a listen-only mode. Today’s conference is being recorded. If you have any objections, you may disconnect at this time. Now, I will turn the meeting over to Ms. Patricia Murphy with IBM. Ma’am, you may begin.

Patricia Murphy: Thank you. This is Patricia Murphy and I’d like to welcome you to IBM’s Fourth Quarter 2022 Earnings Presentation. I’m here today with Arvind Krishna, IBM’s Chairman and Chief Executive Officer and Jim Kavanaugh, IBM’s Senior Vice President and Chief Financial Officer. We’ll post today’s prepared remarks on the IBM investor website within a couple of hours, and a replay will be available by this time tomorrow. Provided additional information to our investors, our presentation includes certain non-GAAP measures. For example, all of our

Read More

International Business Machines (IBM) Q4 2022 Earnings Call Transcript

Image source: The Motley Fool.

International Business Machines (IBM -0.04%)
Q4 2022 Earnings Call
Jan 25, 2023, 5:00 p.m. ET

Contents:

  • Prepared Remarks
  • Questions and Answers
  • Call Participants

Prepared Remarks:

Operator

Welcome, and thank you for standing by. At this time, all participants are in a listen-only mode. Today’s conference is being recorded. If you have any objections, you may disconnect at this time.

Now, I will turn the meeting over to Ms. Patricia Murphy with IBM. Ma’am, you may begin.

Patricia MurphyVice President, Investor Relations

Thank you. This is Patricia Murphy, and I’d like to welcome you to IBM’s fourth quarter 2022 earnings presentation. I’m here today with Arvind Krishna, IBM’s chairman and chief executive officer; and Jim Kavanaugh, IBM’s senior vice president and chief financial officer. We’ll post today’s prepared remarks on the IBM investor website within a couple of hours, and a replay

Read More

International Business Machines (NYSE:IBM) Raised to “Market Perform” at Moffett Nathanson

International Business Machines (NYSE:IBM – Get Rating) was upgraded by Moffett Nathanson from an “underperform” rating to a “market perform” rating in a note issued to investors on Tuesday, FinViz reports. The firm currently has a $140.00 price target on the technology company’s stock. Moffett Nathanson’s price target would indicate a potential upside of 4.13% from the stock’s previous close.

→ The Next Big Crisis Is Here (From Porter & Company)

IBM has been the subject of several other reports. UBS Group decreased their price target on shares of International Business Machines from $112.00 to $111.00 and set a “sell” rating for the company in a research note on Thursday, October 20th. StockNews.com raised shares of International Business Machines from a “hold” rating to a “buy” rating in a research note on Thursday. Morgan Stanley decreased their price target on shares of International Business Machines from $148.00 to $143.00 in

Read More

Read This Before Judging International Business Machines’ ROE

While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. By way of learning-by-doing, we’ll look at ROE to gain a better understanding of International Business Machines Corporation (NYSE:IBM).

Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. In short, ROE shows the profit each dollar generates with respect to its shareholder investments.

See our latest analysis for International Business Machines

How Is ROE Calculated?

Return on equity can be calculated by using the formula:

Return on Equity = Net Profit (from continuing operations) ÷ Shareholders’ Equity

So, based on the above formula, the ROE for International Business Machines is:

8.1% = US$1.8b ÷ US$22b (Based on the trailing twelve

Read More