Nuveen LLC Trims Stake in International Business Machines Corporation $IBM

Posted by Geri Gentry on Jun 12th, 2026

Nuveen LLC cut its stake in International Business Machines Corporation (NYSE:IBM – Free Report) by 0.4% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,117,173 shares of the technology company’s stock after selling 11,356 shares during the period. Nuveen LLC’s holdings in International Business Machines were worth $923,338,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Family CFO Inc purchased a new position in International Business Machines in the fourth quarter worth $25,000. Basepoint Wealth LLC purchased a new position in International Business Machines in the fourth quarter worth $25,000. Joseph Group Capital Management purchased a new position in International Business Machines in the fourth quarter worth $28,000. SWAN Capital LLC purchased a new position in International Business Machines in the third quarter worth $28,000. Finally, DecisionPoint Financial LLC grew its position in International Business Machines by 1,666.7% in the fourth quarter. DecisionPoint Financial LLC now owns 106 shares of the technology company’s stock worth $31,000 after acquiring an additional 100 shares in the last quarter. 58.96% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting International Business Machines

Here are the key news stories impacting International Business Machines this week:

Positive Sentiment: IBM announced a multi-year partnership with ServiceNow to help modernize legacy IT systems and speed enterprise AI deployment, with the companies aiming to broaden adoption by the second half of 2026. IBM (IBM) and ServiceNow (NOW) Unite to Accelerate Enterprise AI Deployment
Positive Sentiment: IBM and JA Worldwide expanded their global collaboration through IBM SkillsBuild, targeting AI and digital-skills training for up to one million high-school students, which supports IBM’s brand and long-term workforce-development strategy. JA Worldwide and IBM Expand Global Collaboration with Goal of Delivering AI and Digital Skills to Up to One Million High-School Students
Positive Sentiment: Commentary from Jim Cramer and other market coverage highlighted IBM as a more practical way to play the quantum-computing theme, which may be drawing speculative and institutional interest into the stock. Jim Cramer Recommends IBM Over Xanadu Quantum
Neutral Sentiment: Technology stocks were broadly stronger late Thursday, helping support IBM alongside the sector. Sector Update: Tech Stocks Gain Late Afternoon
Neutral Sentiment: Erste Group Bank slightly reduced its FY2027 EPS estimate for IBM to $13.41 from $13.46, but kept a Hold rating and the change was small, so it is unlikely to be a major driver. Analyst estimate update for International Business Machines
Neutral Sentiment: Ongoing commentary around quantum computing and AI infrastructure keeps IBM in the market narrative, but some analyst comparisons suggest other AI names may offer faster growth, tempering enthusiasm. Celestica vs. IBM: Which AI Infrastructure Stock is the Better Buy?

International Business Machines Stock Performance

International Business Machines stock opened at $275.03 on Friday. The company has a quick ratio of 0.76, a current ratio of 0.80 and a debt-to-equity ratio of 1.75. The company has a market capitalization of $258.50 billion, a PE ratio of 24.32, a P/E/G ratio of 2.82 and a beta of 0.67. The firm has a fifty day simple moving average of $249.46 and a two-hundred day simple moving average of $270.33. International Business Machines Corporation has a twelve month low of $212.34 and a twelve month high of $332.46.

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 business had revenue of $15.92 billion during the quarter, compared to the consensus estimate of $15.60 billion. International Business Machines had a net margin of 15.61% and a return on equity of 37.23%. The firm’s revenue for the quarter was up 9.5% on a year-over-year basis. During the same period in the previous year, the firm posted $1.60 earnings per share. Research analysts expect that International Business Machines Corporation will post 12.4 EPS for the current year.

International Business Machines Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Friday, May 8th were paid a $1.69 dividend. The ex-dividend date of this dividend was Friday, May 8th. This is an increase 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 2.5%. International Business Machines’s payout ratio is currently 59.77%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on IBM. Oppenheimer cut their target price on shares of International Business Machines from $380.00 to $320.00 and set an “outperform” rating for the company in a research report on Thursday, April 16th. DZ Bank upgraded shares of International Business Machines from a “hold” rating to a “buy” rating and set a $295.00 target price for the company in a research report on Friday, April 24th. HSBC upgraded shares of 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 research report on Tuesday, April 28th. Jefferies Financial Group cut their target price on shares of International Business Machines from $370.00 to $320.00 and set a “buy” rating for the company in a research report on Monday, April 20th. Finally, Stifel Nicolaus set a $290.00 price target on shares of International Business Machines in a research note on Friday, May 22nd. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $304.17.

Read Our Latest Stock Analysis on International Business Machines

International Business Machines Company Profile

(Free Report)

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.