Hamlin Capital Management LLC Boosts Stock Holdings in International Business Machines Corporation $IBM

Posted by Brian Himes on Oct 8th, 2026

Hamlin Capital Management LLC boosted its holdings in International Business Machines Corporation (NYSE:IBM – Free Report) by 24.5% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 241,311 shares of the technology company’s stock after purchasing an additional 47,562 shares during the quarter. International Business Machines comprises 1.3% of Hamlin Capital Management LLC’s portfolio, making the stock its 25th largest position. Hamlin Capital Management LLC’s holdings in International Business Machines were worth $53,072,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in IBM. YHB Investment Advisors Inc. lifted its stake in shares of International Business Machines by 4.3% in the third quarter. YHB Investment Advisors Inc. now owns 4,989 shares of the technology company’s stock worth $1,097,000 after buying an additional 207 shares in the last quarter. Gradient Investments LLC raised its holdings in International Business Machines by 61.8% in the 3rd quarter. Gradient Investments LLC now owns 82,749 shares of the technology company’s stock worth $18,199,000 after acquiring an additional 31,592 shares during the last quarter. Valeo Financial Advisors LLC raised its holdings in International Business Machines by 3.3% in the 3rd quarter. Valeo Financial Advisors LLC now owns 16,155 shares of the technology company’s stock worth $3,553,000 after acquiring an additional 512 shares during the last quarter. Veracity Capital LLC lifted its position in International Business Machines by 59.1% in the 3rd quarter. Veracity Capital LLC now owns 1,309 shares of the technology company’s stock valued at $288,000 after acquiring an additional 486 shares in the last quarter. Finally, Plan A Wealth LLC boosted its stake in International Business Machines by 2.4% during the 3rd quarter. Plan A Wealth LLC now owns 2,820 shares of the technology company’s stock valued at $620,000 after purchasing an additional 66 shares during the last quarter. 58.96% of the stock is owned by institutional investors.

Analyst Ratings Changes

IBM has been the subject of several recent analyst reports. Argus decreased their price target on International Business Machines from $360.00 to $280.00 and set a “buy” rating for the company in a research note on Thursday, July 16th. BMO Capital Markets decreased their target price on International Business Machines from $270.00 to $230.00 and set a “market perform” rating for the company in a research report on Thursday, July 23rd. Oppenheimer cut shares of International Business Machines from an “outperform” rating to a “market perform” rating in a research note on Wednesday, July 15th. Barclays reduced their price target on shares of International Business Machines from $288.00 to $262.00 and set an “overweight” rating for the company in a research note on Thursday, July 23rd. Finally, Stifel Nicolaus decreased their price objective on shares of International Business Machines from $290.00 to $235.00 and set a “buy” rating for the company in a report on Monday, July 20th. Eighteen research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $253.52.

Get Our Latest Report on International Business Machines

International Business Machines Stock Performance

NYSE:IBM traded up $2.85 on Thursday, hitting $223.37. The stock had a trading volume of 2,068,612 shares, compared to its average volume of 7,524,034. The business’s 50-day simple moving average is $232.14 and its two-hundred day simple moving average is $244.23. The stock has a market cap of $210.44 billion, a price-to-earnings ratio of 19.77, a price-to-earnings-growth ratio of 2.11 and a beta of 0.73. International Business Machines Corporation has a 52-week low of $199.19 and a 52-week 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.

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

International Business Machines Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Monday, August 10th were paid a dividend of $1.69 per share. This represents a $6.76 annualized dividend and a dividend yield of 3.0%. The ex-dividend date was Monday, August 10th. International Business Machines’s dividend payout ratio (DPR) is currently 59.98%.

Key International Business Machines News

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

Positive Sentiment: DARPA quantum milestone: IBM was selected for Stage C, the third and final phase of DARPA’s Quantum Benchmarking Initiative. Independent experts will test IBM’s hardware and architecture as the company targets a fault-tolerant quantum computer by 2029. The endorsement strengthens IBM’s technical credibility and gives investors a potentially significant long-term growth catalyst. IBM Advances to Stage C of DARPA Quantum Benchmarking Initiative
Positive Sentiment: AI, consulting and SAP expansion: IBM’s new IBM Ready for SAP Solutions offering combines its consulting capabilities with SAP cloud ERP to help midsize businesses modernize operations and prepare for AI adoption. Analysts also see IBM’s valuation as more attractive if AI demand and consulting bookings rebound. IBM Teams Up with SAP
Positive Sentiment: Enterprise AI and security initiatives: IBM is expanding self-hosted AI deployment through its Bob offering and, with Red Hat, has remediated more than 400 previously unknown open-source vulnerabilities. These moves support IBM’s positioning in secure hybrid cloud and enterprise AI. IBM Brings AI to Customer-Managed Infrastructure
Neutral Sentiment: Upcoming earnings: IBM will report third-quarter 2026 results on October 21. Investors are likely to focus on whether delayed large deals began closing and whether consulting and AI-related demand improved. IBM to Announce Third-Quarter 2026 Financial Results
Negative Sentiment: Execution and competitive risks: IBM’s prior-quarter revenue missed expectations after dozens of large deals failed to close on time. Analysts warn that a prolonged slowdown, hybrid-cloud pricing pressure and competition could limit the stock’s recovery. In addition, 11:11 Systems acquired select IBM VMware cloud-provider customers, indicating some customer attrition in the VMware channel. What Happens To IBM Stock If Its Slowdown Lasts?

Insider Buying and Selling

In related news, SVP Robert Thomas sold 25,000 shares of International Business Machines stock in a transaction 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 transaction, the senior vice president directly owned 47,800 shares in the company, valued at approximately $11,009,296. The trade was a 34.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.27% of the company’s stock.

About International Business Machines

(Free Report)

International Business Machines Corporation (NYSE:IBM), commonly known as IBM, is a global technology company that provides hybrid cloud, artificial intelligence, software, consulting and infrastructure solutions. Its offerings help businesses and government organizations manage data, modernize applications, automate processes and improve cybersecurity.

IBM’s portfolio includes the Red Hat hybrid cloud platform, the watsonx suite of artificial intelligence and data tools, consulting services, and enterprise software for areas such as automation, application management, security and asset management.