TIAA Trust National Association grew its stake in International Business Machines Corporation (NYSE:IBM – Free Report) by 1.9% during the 4th quarter, HoldingsChannel reports. The fund owned 115,477 shares of the technology company’s stock after purchasing an additional 2,191 shares during the quarter. TIAA Trust National Association’s holdings in International Business Machines were worth $34,209,000 as of its most recent SEC filing.
Several other hedge funds have also added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its holdings in International Business Machines by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 97,216,131 shares of the technology company’s stock worth $28,796,390,000 after acquiring an additional 1,439,824 shares in the last quarter. Geode Capital Management LLC boosted its holdings in International Business Machines by 1.5% in the fourth quarter. Geode Capital Management LLC now owns 22,605,083 shares of the technology company’s stock worth $6,679,105,000 after acquiring an additional 336,069 shares in the last quarter. Capital World Investors boosted its holdings in International Business Machines by 29.2% in the fourth quarter. Capital World Investors now owns 22,021,912 shares of the technology company’s stock worth $6,523,720,000 after acquiring an additional 4,976,756 shares in the last quarter. Norges Bank bought a new position in shares of International Business Machines during the fourth quarter valued at $2,446,429,000. Finally, Legal & General Group Plc lifted its holdings in shares of International Business Machines by 2.5% during the third quarter. Legal & General Group Plc now owns 7,302,722 shares of the technology company’s stock valued at $2,060,536,000 after purchasing an additional 176,219 shares in the last quarter. 58.96% of the stock is owned by institutional investors.
Key International Business Machines News
Here are the key news stories impacting International Business Machines this week:
- Positive Sentiment: IBM expanded its free SkillsBuild AI training program in the UK and launched a global AI Builders Challenge, reinforcing its push to build demand for its AI services and position itself as a leader in workforce upskilling. IBM AI Upskilling Push Tests Long Term Growth Story For Investors
- Positive Sentiment: IBM deepened its collaboration with Google Cloud, launching a new consulting practice that combines IBM Consulting Advantage with Gemini Enterprise AI to help customers modernize systems and speed AI adoption. Can IBM Gain From Its Growing AI Collaboration With Google Cloud?
- Positive Sentiment: Market commentary says IBM’s new AI partnership with Google could open a “multi-billion-dollar opportunity,” which may support investor optimism about future revenue growth. As IBM Unlocks a ‘Multi-Billion-Dollar Opportunity’ With Google, The Stock Is a Buy
- Positive Sentiment: IBM’s ongoing quantum computing investment and broader AI strategy continue to support the company’s long-term innovation narrative, even if the payoff is still ahead. IBM Stock Slides as Company Bets $10 Billion on Quantum Computing
- Neutral Sentiment: IBM also presented at the Bank of America 2026 Global Technology Conference, but no major new catalysts were highlighted in the available summary. International Business Machines Corporation (IBM) Presents at Bank of America 2026 Global Technology Conference Transcript
- Negative Sentiment: Several reports focused on IBM stock slipping while the broader market was higher, suggesting investors are taking profits or reacting cautiously despite the company’s AI-related announcements. IBM (IBM) Stock Slides as Market Rises: Facts to Know Before You Trade
- Negative Sentiment: New IBM research showed many CIOs and CTOs face a growing AI control gap, with most accountable for systems they do not fully control and only a small share feeling fully prepared for large-scale AI deployment, which could raise concerns about enterprise AI risk and governance. New IBM Study Finds CIOs and CTOs Face Growing AI Control Gap as Enterprise Deployment Scales
International Business Machines Stock Down 1.4%
International Business Machines (NYSE:IBM – Get Free Report) last posted its earnings results on Wednesday, April 22nd. The technology company reported $1.91 earnings per share 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 for the quarter, compared to the consensus estimate of $15.60 billion. During the same quarter in the prior year, the company earned $1.60 earnings per share. International Business Machines’s revenue was up 9.5% on a year-over-year basis. As a group, analysts forecast that International Business Machines Corporation will post 12.4 earnings per share for the current year.
International Business Machines Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Friday, May 8th will be issued a $1.69 dividend. This is a positive change from International Business Machines’s previous quarterly dividend of $1.68. This represents a $6.76 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is Friday, May 8th. International Business Machines’s dividend payout ratio is currently 59.77%.
Wall Street Analyst Weigh In
A number of research analysts have recently issued reports on IBM shares. Citigroup upped their price target on International Business Machines from $285.00 to $375.00 and gave the company a “buy” rating in a report on Tuesday, June 2nd. UBS Group raised International Business Machines from a “sell” rating to a “neutral” rating and set a $236.00 price target on the stock in a report on Wednesday, February 25th. Erste Group Bank downgraded International Business Machines from a “buy” rating to a “hold” rating in a report on Wednesday, February 18th. Barclays started coverage on International Business Machines in a report on Monday, June 1st. They set an “overweight” rating and a $350.00 price target on the stock. Finally, JPMorgan Chase & Co. lowered their price target on International Business Machines from $317.00 to $283.00 and set a “neutral” rating on the stock in a report on Wednesday, March 18th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $304.17.
Get Our Latest Stock Report on International Business Machines
International Business Machines 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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