Gradient Investments LLC boosted its holdings in shares of International Business Machines Corporation (NYSE:IBM – Free Report) by 61.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 82,749 shares of the technology company’s stock after buying an additional 31,592 shares during the quarter. Gradient Investments LLC’s holdings in International Business Machines were worth $18,199,000 at the end of the most recent quarter.
Several other institutional investors have also added to or reduced their stakes in IBM. Portus Wealth Advisors LLC purchased a new position in International Business Machines during the first quarter valued at $26,000. Harborfront Financial Group LLC purchased a new stake in International Business Machines in the 2nd quarter worth approximately $27,000. Cornerstone Financial Management LLC bought a new stake in International Business Machines during the 4th quarter worth approximately $28,000. Hara Capital LLC bought a new stake in International Business Machines during the 2nd quarter worth approximately $28,000. Finally, Bare Financial Services Inc lifted its holdings in International Business Machines by 114.6% during the second quarter. Bare Financial Services Inc now owns 103 shares of the technology company’s stock valued at $29,000 after purchasing an additional 55 shares in the last quarter. 58.96% of the stock is currently owned by institutional investors.
More 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?
International Business Machines Price Performance
International Business Machines (NYSE:IBM – Get Free Report) last announced its quarterly earnings results on Wednesday, July 22nd. The technology company reported $2.93 EPS for the quarter, meeting 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 during the quarter, compared to analyst estimates of $17.46 billion. During the same period in the prior year, the company earned $2.80 earnings per share. The firm’s revenue was up 1.1% on a year-over-year basis. Equities analysts forecast that International Business Machines Corporation will post 12.33 EPS for the current year.
International Business Machines Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Investors of record on Monday, August 10th were paid a dividend of $1.69 per share. The ex-dividend date of this dividend was Monday, August 10th. This represents a $6.76 dividend on an annualized basis and a yield of 3.0%. International Business Machines’s dividend payout ratio is presently 59.98%.
Insider Buying and Selling
In other International Business Machines news, SVP Robert Thomas sold 25,000 shares of International Business Machines stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $230.32, for a total value of $5,758,000.00. Following the completion of the transaction, the senior vice president directly owned 47,800 shares of the company’s stock, valued at $11,009,296. This trade represents a 34.34% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 0.27% of the stock is owned by company insiders.
Wall Street Analyst Weigh In
Several brokerages have recently commented on IBM. Morgan Stanley decreased their price objective on shares of International Business Machines from $293.00 to $190.00 and set an “equal weight” rating on the stock in a research report on Thursday, July 23rd. KeyCorp cut International Business Machines to a “sector weight” rating in a research report on Tuesday, June 23rd. Citic Securities lifted their target price on International Business Machines from $294.00 to $297.00 and gave the company a “buy” rating in a research note on Wednesday, July 29th. Royal Bank Of Canada reissued an “outperform” rating and issued a $270.00 price target (down from $300.00) on shares of International Business Machines in a report on Tuesday, July 21st. Finally, JPMorgan Chase & Co. cut their price objective on shares of International Business Machines from $291.00 to $250.00 and set an “overweight” rating for the company in a report on Friday, July 17th. Eighteen analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $253.52.
View Our Latest Analysis on IBM
About International Business Machines
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.
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