Opinicus Capital Inc. boosted its stake in International Business Machines Corporation (NYSE:IBM – Free Report) by 78.1% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 6,750 shares of the technology company’s stock after buying an additional 2,959 shares during the quarter. International Business Machines accounts for approximately 1.4% of Opinicus Capital Inc.’s portfolio, making the stock its 20th biggest position. Opinicus Capital Inc.’s holdings in International Business Machines were worth $1,999,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also bought and sold shares of the company. Waverton Investment Management Ltd grew its stake in International Business Machines by 3.3% in the 3rd quarter. Waverton Investment Management Ltd now owns 993,743 shares of the technology company’s stock valued at $280,439,000 after purchasing an additional 32,072 shares during the period. Newbridge Financial Services Group Inc. grew its stake in International Business Machines by 30.0% in the 4th quarter. Newbridge Financial Services Group Inc. now owns 13,122 shares of the technology company’s stock valued at $3,887,000 after purchasing an additional 3,029 shares during the period. NEOS Investment Management LLC grew its stake in International Business Machines by 51.7% in the 3rd quarter. NEOS Investment Management LLC now owns 114,395 shares of the technology company’s stock valued at $32,278,000 after purchasing an additional 38,973 shares during the period. Advisors Capital Management LLC grew its stake in International Business Machines by 3.8% in the 3rd quarter. Advisors Capital Management LLC now owns 347,155 shares of the technology company’s stock valued at $97,953,000 after purchasing an additional 12,623 shares during the period. Finally, Handelsbanken Fonder AB grew its stake in International Business Machines by 1.9% in the 3rd quarter. Handelsbanken Fonder AB now owns 330,814 shares of the technology company’s stock valued at $93,342,000 after purchasing an additional 6,235 shares during the period. 58.96% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling
In related news, Director Michael Miebach bought 434 shares of the business’s stock in a transaction on Wednesday, February 25th. The stock was acquired at an average price of $233.33 per share, for a total transaction of $101,265.22. Following the purchase, the director directly owned 434 shares in the company, valued at $101,265.22. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.27% of the stock is currently owned by corporate insiders.
Key Stories Impacting International Business Machines
- Positive Sentiment: Jefferies said IBM came away from its Think 2026 conference with a constructive view on the company’s long-term outlook, citing strong software pipeline trends, cross-selling opportunities, and what it called underappreciated AI positioning. IBM well-positioned to benefit from enterprise AI demand
- Positive Sentiment: IBM announced new managed services, including Red Hat AI Inference on IBM Cloud and Red Hat OpenShift Virtualization Service, aimed at helping enterprises operationalize AI and run secure, scalable workloads; this supports the company’s hybrid-cloud and AI strategy. IBM Announces Red Hat AI Inference and Red Hat OpenShift Virtualization Service on IBM Cloud
- Positive Sentiment: Multiple analyst and market commentary pieces framed IBM as an attractive AI stock versus peers, pointing to hybrid-cloud demand, watsonx upgrades, valuation support, and steady cash flow. IBM vs. Qualcomm: Which AI Tech Stock is the Better Buy Now?
- Neutral Sentiment: Broader industry reports highlighted fast growth in cloud professional services and generative AI infrastructure, trends that could support IBM’s offerings, though they were not IBM-specific catalysts. Cloud Professional Services Market Report 2026
- Negative Sentiment: IBM has still been weighed down by recent momentum weakness and legal overhang, including a lawsuit alleging racially discriminatory layoffs, which could pressure sentiment around governance and ESG risk. IBM Lawsuit Over Black Executive Layoffs Tests Governance And ESG Story
International Business Machines Stock Down 1.7%
IBM stock opened at $219.66 on Wednesday. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.76 and a current ratio of 0.80. The company has a market capitalization of $206.46 billion, a price-to-earnings ratio of 19.42, a PEG ratio of 2.32 and a beta of 0.58. International Business Machines Corporation has a fifty-two week low of $219.22 and a fifty-two week high of $324.90. The stock has a fifty day moving average of $242.11 and a 200-day moving average of $276.56.
International Business Machines (NYSE:IBM – Get Free Report) last posted its quarterly earnings results on Wednesday, April 22nd. The technology company reported $1.91 earnings per share for the quarter, topping the consensus estimate of $1.81 by $0.10. The company had revenue of $15.92 billion during the quarter, compared to the consensus estimate of $15.60 billion. International Business Machines had a return on equity of 37.23% and a net margin of 15.61%.The firm’s quarterly revenue was up 9.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.60 EPS. As a group, equities research analysts predict that International Business Machines Corporation will post 12.4 earnings per share for the current year.
International Business Machines Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Friday, May 8th will be paid a $1.69 dividend. The ex-dividend date is Friday, May 8th. This represents a $6.76 annualized dividend and a yield of 3.1%. This is an increase from International Business Machines’s previous quarterly dividend of $1.68. International Business Machines’s dividend payout ratio is 59.77%.
Analysts Set New Price Targets
A number of brokerages have issued reports on IBM. Erste Group Bank downgraded International Business Machines from a “buy” rating to a “hold” rating in a research note on Wednesday, February 18th. Jefferies Financial Group reduced their price objective on International Business Machines from $370.00 to $320.00 and set a “buy” rating for the company in a research note on Monday, April 20th. JPMorgan Chase & Co. cut their price target on International Business Machines from $317.00 to $283.00 and set a “neutral” rating for the company in a research note on Wednesday, March 18th. BMO Capital Markets cut their price target on International Business Machines from $290.00 to $270.00 and set a “market perform” rating for the company in a research note on Thursday, April 23rd. Finally, Stifel Nicolaus cut their price target on International Business Machines from $340.00 to $290.00 and set a “buy” rating for the company in a research note on Wednesday, April 8th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, International Business Machines presently has an average rating of “Moderate Buy” and a consensus price target of $294.41.
About International Business Machines
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.
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