Sumitomo Mitsui Trust Group Inc. Trims Holdings in International Business Machines Corporation $IBM

Posted by Brenda Bartman on Aug 29th, 2026

Sumitomo Mitsui Trust Group Inc. decreased its position in shares of International Business Machines Corporation (NYSE:IBM – Free Report) by 0.1% during the second quarter, Holdings Channel.com reports. The fund owned 2,344,997 shares of the technology company’s stock after selling 3,363 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in International Business Machines were worth $659,437,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also added to or reduced their stakes in the company. Pilgrim Partners Asia Pte Ltd bought a new position in shares of International Business Machines in the second quarter worth approximately $45,000. Diversify Wealth Management LLC raised its position in shares of International Business Machines by 32.6% during the 2nd quarter. Diversify Wealth Management LLC now owns 52,800 shares of the technology company’s stock valued at $14,848,000 after purchasing an additional 12,992 shares during the period. Cornerstone Planning LLC lifted its stake in shares of International Business Machines by 2.1% during the 2nd quarter. Cornerstone Planning LLC now owns 13,573 shares of the technology company’s stock valued at $3,817,000 after buying an additional 284 shares in the last quarter. Beese Fulmer Investment Management Inc. lifted its stake in shares of International Business Machines by 4.6% during the 2nd quarter. Beese Fulmer Investment Management Inc. now owns 60,760 shares of the technology company’s stock valued at $17,086,000 after buying an additional 2,646 shares in the last quarter. Finally, Guardian Partners Inc. bought a new position in International Business Machines in the 2nd quarter worth $170,000. Hedge funds and other institutional investors own 58.96% of the company’s stock.

Insider Activity

In other news, SVP Robert David Thomas sold 25,000 shares of the stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $230.32, for a total transaction of $5,758,000.00. Following the completion of the transaction, the senior vice president directly owned 47,800 shares in the company, valued at approximately $11,009,296. This represents a 34.34% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.27% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of research firms have commented on IBM. Robert W. Baird started coverage on International Business Machines in a report on Tuesday, July 21st. They set a “neutral” rating and a $230.00 price target on the stock. Piper Sandler raised International Business Machines to an “overweight” rating in a research note on Tuesday, June 23rd. Morgan Stanley lowered their price target on International Business Machines from $293.00 to $190.00 and set an “equal weight” rating on the stock in a report on Thursday, July 23rd. Sanford C. Bernstein reaffirmed a “market perform” rating on shares of International Business Machines in a report on Thursday, July 16th. Finally, Wolfe Research cut shares of International Business Machines to a “peer perform” rating in a research report on Tuesday, June 23rd. Sixteen investment 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. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $265.40.

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International Business Machines News Summary

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

Positive Sentiment: IBM’s reported dual-architecture 2-nanometer mainframe processor, designed to run IBM and Arm workloads on the same core, strengthens its infrastructure strategy and could broaden demand among enterprise customers. The company also advanced modular cryogenic quantum systems and applied AI experiences, reinforcing its effort to connect mainframe, AI and quantum technologies. Is IBM’s Dual-Architecture 2nm Mainframe Reshaping The Investment Case for IBM?
Positive Sentiment: Quantum computing’s potential to undermine current encryption is expected to drive post-quantum cybersecurity spending through 2030. IBM is identified as one of the companies positioned to benefit from that long-term demand. Quantum Computing Is Raising the Stakes for Cybersecurity: 5 Stocks to Watch
Positive Sentiment: Recent commentary remains constructive on IBM’s valuation and income profile, suggesting investors may be willing to hold the stock while waiting for stronger growth from AI and infrastructure investments. IBM: Get Paid To Wait For Growth
Neutral Sentiment: IBM’s US Open fan activations and sports-focused AI research increase visibility for its AI and cloud capabilities, but the marketing initiatives are unlikely to materially change near-term financial results. IBM Brings AI-Powered US Open Fan Experience Back to Madison Square Park
Negative Sentiment: A securities law firm announced an investigation into whether IBM may have misled investors following a significant stock decline. The notice is an investor solicitation and provides no established finding of misconduct, but it adds legal and reputational uncertainty. Investor Notice: IBM Investigated for Potentially Misleading Investors
Negative Sentiment: IBM’s latest quarterly revenue came in below analysts’ expectations, tempering enthusiasm around its growth outlook even though earnings per share matched consensus. This keeps execution and monetization of its AI initiatives as key investor concerns.

International Business Machines Trading Down 1.3%

Shares of International Business Machines stock opened at $235.78 on Friday. International Business Machines Corporation has a twelve month low of $199.19 and a twelve month high of $332.46. The company has a quick ratio of 0.74, a current ratio of 0.79 and a debt-to-equity ratio of 1.63. The business has a 50-day moving average price of $244.57 and a 200-day moving average price of $248.65. The firm has a market cap of $222.14 billion, a price-to-earnings ratio of 20.92, a PEG ratio of 2.34 and a beta of 0.70.

International Business Machines (NYSE:IBM – Get Free Report) last posted its earnings results on Wednesday, July 22nd. The technology company reported $2.93 EPS for the quarter, hitting analysts’ consensus estimates of $2.93. International Business Machines had a return on equity of 35.65% and a net margin of 15.52%.The company had revenue of $17.16 billion for the quarter, compared to the consensus estimate of $17.46 billion. During the same period in the previous year, the business earned $2.80 earnings per share. The firm’s revenue for the quarter was up 1.1% on a year-over-year basis. Equities research analysts anticipate that International Business Machines Corporation will post 12.33 EPS for the current fiscal year.

International Business Machines Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders 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 dividend yield of 2.9%. The ex-dividend date of this dividend is Monday, August 10th. International Business Machines’s dividend payout ratio is 59.98%.

About International Business Machines

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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.