RiverFront Investment Group LLC raised its holdings in International Business Machines Corporation (NYSE:IBM – Free Report) by 24.3% during the 4th quarter, HoldingsChannel.com reports. The fund owned 13,200 shares of the technology company’s stock after buying an additional 2,578 shares during the period. RiverFront Investment Group LLC’s holdings in International Business Machines were worth $3,910,000 at the end of the most recent quarter.
Several other hedge funds also recently bought and sold shares of IBM. Family CFO Inc bought a new position in International Business Machines in the 4th quarter valued at $25,000. Joseph Group Capital Management purchased a new stake in shares of International Business Machines in the 4th quarter worth $28,000. SWAN Capital LLC purchased a new stake in shares of International Business Machines in the 3rd quarter worth $28,000. DecisionPoint Financial LLC lifted its holdings in shares of International Business Machines by 1,666.7% in the 4th quarter. DecisionPoint Financial LLC now owns 106 shares of the technology company’s stock worth $31,000 after buying an additional 100 shares during the period. Finally, LFA Lugano Financial Advisors SA purchased a new stake in shares of International Business Machines in the 4th quarter worth $31,000. Institutional investors own 58.96% of the company’s stock.
Trending Headlines about International Business Machines
Here are the key news stories impacting International Business Machines this week:
- Positive Sentiment: IBM introduced new cloud services — Red Hat AI Inference and OpenShift Virtualization — aimed at speeding enterprise AI adoption and secure virtual workload deployment, reinforcing its growth narrative in AI and cloud. IBM’s New AI Units And Services Reshape Enterprise Consulting Story
- Positive Sentiment: IBM is rolling out a new delivery model for consulting that uses senior-led teams and AI agents to turn enterprise strategy into execution faster, which could support services revenue and margins. A New Way to Make AI Actually Work in the Real World
- Positive Sentiment: OnQ said it has integrated IBM AS/400 systems into its Converge platform, a partnership that highlights IBM’s continued relevance in retail infrastructure and real-time inventory applications. OnQ Integrates IBM AS/400 into its Converge Platform, Bringing Real-Time Inventory to In-Store Retail Experiences
- Neutral Sentiment: One article said IBM shareholders may not see immediate upside after the Think 2026 event, even though analyst price targets still imply meaningful longer-term potential. No Upside For International Business Machines (IBM) Shareholders Post IBM Think 2026 Event
- Neutral Sentiment: Several recent writeups are mainly valuation and recovery discussions, noting IBM remains well below prior highs and may be attractive to long-term investors, but they do not point to a clear near-term catalyst. IBM: The Business Improved Faster Than Many Investors Realize
- Negative Sentiment: Some market commentary continues to frame IBM as a stock that has pulled back significantly from recent highs, which can weigh on sentiment despite the company’s operational progress. Catching Falling Knives: Is It Time to Buy These Beaten-Down Stocks?
International Business Machines Trading Up 0.1%
International Business Machines (NYSE:IBM – Get Free Report) last released its quarterly earnings results on Wednesday, April 22nd. The technology company reported $1.91 EPS for the quarter, beating analysts’ consensus estimates of $1.81 by $0.10. International Business Machines had a return on equity of 37.23% and a net margin of 15.61%.The company had revenue of $15.92 billion during the quarter, compared to analysts’ expectations of $15.60 billion. During the same period last year, the business posted $1.60 earnings per share. The firm’s revenue was up 9.5% compared to the same quarter last year. On average, research analysts anticipate that International Business Machines Corporation will post 12.4 EPS for the current fiscal year.
International Business Machines Increases Dividend
The firm also recently declared 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. This represents a $6.76 dividend on an annualized basis and a yield of 3.1%. This is a boost from International Business Machines’s previous quarterly dividend of $1.68. The ex-dividend date is Friday, May 8th. International Business Machines’s dividend payout ratio (DPR) is 59.77%.
Insider Buying and Selling
In other International Business Machines news, Director Michael Miebach purchased 434 shares of the firm’s stock in a transaction on Wednesday, February 25th. The stock was bought at an average cost of $233.33 per share, for a total transaction of $101,265.22. Following the completion of the purchase, the director owned 434 shares in the company, valued at $101,265.22. This represents a ∞ increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.27% of the company’s stock.
Analysts Set New Price Targets
Several equities research analysts have weighed in on IBM shares. Citigroup started coverage on International Business Machines in a report on Friday, April 10th. They issued a “buy” rating and a $285.00 target price for the company. UBS Group upgraded International Business Machines from a “sell” rating to a “neutral” rating and set a $236.00 target price for the company in a report on Wednesday, February 25th. Erste Group Bank cut International Business Machines from a “buy” rating to a “hold” rating in a report on Wednesday, February 18th. Wedbush reiterated an “outperform” rating and issued a $320.00 target price on shares of International Business Machines in a report on Wednesday, May 6th. Finally, HSBC upgraded International Business Machines from a “reduce” rating to a “hold” rating and upped their target price for the stock from $218.00 to $231.00 in a report on Tuesday, April 28th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $294.41.
View Our Latest Research Report on International Business Machines
International Business Machines Company Profile
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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