Sei Investments Co. grew its stake in shares of International Business Machines Corporation (NYSE:IBM – Free Report) by 15.8% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 440,109 shares of the technology company’s stock after acquiring an additional 60,020 shares during the period. Sei Investments Co.’s holdings in International Business Machines were worth $106,675,000 at the end of the most recent quarter.
A number of other large investors have also recently modified their holdings of the company. VIRGINIA RETIREMENT SYSTEMS ET Al grew its stake in International Business Machines by 424.6% during the 4th quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 260,740 shares of the technology company’s stock valued at $77,234,000 after acquiring an additional 211,040 shares in the last quarter. Assetmark Inc. lifted its position in shares of International Business Machines by 24.8% in the first quarter. Assetmark Inc. now owns 64,458 shares of the technology company’s stock worth $15,624,000 after purchasing an additional 12,791 shares in the last quarter. GLOBALT Investments LLC GA boosted its holdings in shares of International Business Machines by 19.1% during the fourth quarter. GLOBALT Investments LLC GA now owns 18,288 shares of the technology company’s stock worth $5,417,000 after purchasing an additional 2,930 shares during the period. Newbridge Financial Services Group Inc. boosted its holdings in shares of International Business Machines by 30.0% during the fourth quarter. Newbridge Financial Services Group Inc. now owns 13,122 shares of the technology company’s stock worth $3,887,000 after purchasing an additional 3,029 shares during the period. Finally, Rice Partnership LLC purchased a new position in International Business Machines during the fourth quarter valued at approximately $3,317,000. Hedge funds and other institutional investors own 58.96% of the company’s stock.
Analyst Ratings Changes
A number of equities research analysts have issued reports on the stock. Robert W. Baird started coverage on shares of International Business Machines in a research report on Tuesday. They issued a “neutral” rating and a $230.00 target price for the company. Wall Street Zen cut shares of International Business Machines from a “hold” rating to a “sell” rating in a report on Saturday, July 18th. DZ Bank raised shares of International Business Machines from a “hold” rating to a “buy” rating and set a $295.00 price target on the stock in a research note on Friday, April 24th. Sanford C. Bernstein reiterated a “market perform” rating on shares of International Business Machines in a report on Thursday, July 16th. Finally, Piper Sandler raised International Business Machines to an “overweight” rating in a research report on Tuesday, June 23rd. Fifteen analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $269.80.
International Business Machines News Summary
Here are the key news stories impacting International Business Machines this week:
- Negative Sentiment: IBM missed revenue expectations and lowered its 2026 revenue growth forecast after customers delayed software deals and shifted spending toward AI infrastructure, which hurt mainframe-related sales and raised concerns about near-term growth. IBM buys HRL Laboratories in shift to two-track quantum computing strategy
- Negative Sentiment: Several articles highlight a sharp selloff and investor concern that IBM’s mainframe weakness and softer execution could keep the stock in a “holding pattern” until the company proves its new guidance is achievable. IBM Lowers Its Growth Outlook as Sales of Data Center Mainframes Sink 42%
- Negative Sentiment: Law firms announced securities-fraud investigations tied to the post-earnings stock drop, adding an overhang that can further weigh on sentiment. IBM Investigated by the Portnoy Law Firm
- Negative Sentiment: Media coverage also framed IBM as one of the weakest names among large-cap tech stocks after the earnings disappointment, reinforcing the bearish narrative around the shares. IBM just had its worst day on the market in decades — and the CEO blames a spending shift he didn’t see coming
- Neutral Sentiment: IBM did meet adjusted EPS expectations and said cash flow, dividend policy, and longer-term profitability remain intact, which helped limit some of the selloff even as revenue disappointed.
- Neutral Sentiment: Management is trying to reassure investors that AI is not a major threat to the software unit and that delayed deals are being pushed rather than lost, suggesting a possible second-half rebound if execution improves. IBM’s Krishna tries to reassure investors that AI won’t disrupt company’s software unit
- Positive Sentiment: IBM announced it is acquiring HRL Laboratories to expand its quantum computing capabilities, a strategic move that strengthens the company’s long-term growth story in advanced computing. IBM buys HRL Laboratories in shift to two-track quantum computing strategy
- Positive Sentiment: The acquisition and IBM’s continued emphasis on quantum and AI helped offset some of the earnings disappointment, since investors see these as potential long-term growth drivers.
International Business Machines Stock Performance
IBM stock opened at $206.70 on Friday. The firm has a 50 day moving average of $263.03 and a two-hundred day moving average of $260.82. International Business Machines Corporation has a 12 month low of $199.19 and a 12 month high of $332.46. The company has a market capitalization of $194.28 billion, a price-to-earnings ratio of 18.34, a P/E/G ratio of 2.23 and a beta of 0.68. The company has a quick ratio of 0.76, a current ratio of 0.80 and a debt-to-equity ratio of 1.75.
International Business Machines (NYSE:IBM – Get Free Report) last released its quarterly earnings results on Wednesday, July 22nd. The technology company reported $2.93 earnings per share for the quarter, meeting analysts’ consensus estimates of $2.93. The business had revenue of $17.16 billion for the quarter, compared to the consensus estimate of $17.46 billion. International Business Machines had a net margin of 15.52% and a return on equity of 36.58%. International Business Machines’s revenue for the quarter was up 1.1% on a year-over-year basis. During the same quarter last year, the firm earned $2.80 EPS. As a group, equities analysts anticipate that International Business Machines Corporation will post 12.15 EPS for the current fiscal year.
International Business Machines Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Monday, August 10th will be issued a dividend of $1.69 per share. This represents a $6.76 annualized dividend and a yield of 3.3%. The ex-dividend date is Monday, August 10th. International Business Machines’s dividend payout ratio (DPR) is 59.77%.
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.
Featured Articles
- Five stocks we like better than International Business Machines
- Premium Retail’s Stress Test Is Separating Winners From Losers
- D-Wave Quantum or a Quantum ETF: Which Is the Better Bet?
- GE Vernova Just Sent a Mixed AI Signal to Investors
- Alphabet Crushed Earnings, But One Number Spooked the Market
Want to see what other hedge funds are holding IBM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for International Business Machines Corporation (NYSE:IBM – Free Report).
Receive News & Ratings for International Business Machines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for International Business Machines and related companies with MarketBeat.com's FREE daily email newsletter.
