Sterling Capital Management LLC trimmed its holdings in shares of International Business Machines Corporation (NYSE:IBM – Free Report) by 53.7% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,604 shares of the technology company’s stock after selling 4,172 shares during the period. Sterling Capital Management LLC’s holdings in International Business Machines were worth $793,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also modified their holdings of the company. Friday Financial raised its stake in shares of International Business Machines by 1.9% in the 2nd quarter. Friday Financial now owns 1,903 shares of the technology company’s stock worth $583,000 after buying an additional 35 shares in the last quarter. Trinity Wealth Management LLC lifted its position in shares of International Business Machines by 2.3% during the 2nd quarter. Trinity Wealth Management LLC now owns 1,695 shares of the technology company’s stock valued at $477,000 after acquiring an additional 38 shares during the last quarter. Pettinga Financial Advisors LLC boosted its stake in shares of International Business Machines by 3.6% during the 2nd quarter. Pettinga Financial Advisors LLC now owns 1,090 shares of the technology company’s stock worth $307,000 after acquiring an additional 38 shares in the last quarter. HHM Wealth Advisors LLC grew its holdings in shares of International Business Machines by 4.6% in the 2nd quarter. HHM Wealth Advisors LLC now owns 928 shares of the technology company’s stock worth $261,000 after acquiring an additional 41 shares during the last quarter. Finally, Basecamp Wealth Advisors LLC lifted its holdings in shares of International Business Machines by 2.8% during the first quarter. Basecamp Wealth Advisors LLC now owns 1,598 shares of the technology company’s stock valued at $387,000 after purchasing an additional 44 shares during the last quarter. 58.96% of the stock is currently owned by institutional investors.
Trending Headlines about International Business Machines
Here are the key news stories impacting International Business Machines this week:
- Positive Sentiment: IBM expects free cash flow to increase by more than $1 billion in 2026, a potentially important catalyst for dividends, debt reduction, and shareholder returns. A $1 Billion Reason to Consider Buying the IBM Stock Dip
- Positive Sentiment: IBM introduced identity, access-control, and monitoring capabilities for enterprise AI agents. The offering addresses growing concerns about security, accountability, and governance as companies deploy autonomous software, potentially strengthening IBM’s hybrid-cloud and enterprise-AI positioning. IBM Introduces Identity and Control for AI Agents
- Positive Sentiment: Analysts and commentators continue to identify IBM’s quantum-computing research as a potential longer-term growth catalyst, while its software business and hybrid-cloud strategy provide the current operating foundation. IBM Continues to Plug Along, but Its Quantum Computing Bet Could Be the Real Catalyst
- Neutral Sentiment: IBM HashiCorp’s Terraform Self-Managed platform was validated for interoperability with Cohesity Data Cloud, improving cloud-application recovery after cyberattacks. The announcement supports IBM’s ecosystem but did not disclose a material financial commitment. Cohesity Data Cloud and IBM Terraform Interoperability
- Neutral Sentiment: IBM is listed among vendors serving the projected 20.2% compound-growth market for AI-driven drug-safety platforms, but the report does not announce a new IBM contract or revenue forecast. AI-Driven Drug Safety and Pharmacovigilance Platforms Market Report
- Negative Sentiment: IBM underperformed its competitors during the latest session, reflecting weaker relative investor demand despite its AI-related announcements. IBM Stock Underperforms Competitors
- Negative Sentiment: Susquehanna maintained a “Hold” rating, suggesting limited conviction that IBM’s current valuation and growth profile justify more bullish positioning. Susquehanna Remains a Hold on IBM
Insiders Place Their Bets
In related news, SVP Robert Thomas sold 25,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 26th. The shares were sold at an average price of $230.32, for a total transaction of $5,758,000.00. Following the transaction, the senior vice president owned 47,800 shares of the company’s stock, valued at approximately $11,009,296. This trade represents a 34.34% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.27% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research firms have commented on IBM. Craig Hallum started coverage on shares of International Business Machines in a research note on Wednesday, August 19th. They set a “buy” rating for the company. Barclays raised their price objective on shares of International Business Machines from $262.00 to $277.00 and gave the stock an “overweight” rating in a research note on Thursday, October 22nd. The Goldman Sachs Group reiterated a “buy” rating and set a $300.00 price objective on shares of International Business Machines in a research report on Thursday, October 22nd. Yorkville Ives began coverage on shares of International Business Machines in a research note on Monday, October 5th. They set an “outperform” rating and a $275.00 target price on the stock. Finally, Weiss Ratings upgraded International Business Machines from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, October 14th. Twenty analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $266.12.
Get Our Latest Stock Analysis on International Business Machines
International Business Machines Stock Down 1.3%
Shares of IBM stock opened at $250.19 on Wednesday. International Business Machines Corporation has a fifty-two week low of $199.19 and a fifty-two week high of $332.46. The stock’s 50-day moving average is $233.86 and its two-hundred day moving average is $250.68.
International Business Machines (NYSE:IBM – Get Free Report) last posted its quarterly earnings results on Wednesday, October 21st. The technology company reported $2.95 earnings per share for the quarter, topping analysts’ consensus estimates of $2.85 by $0.10. The firm had revenue of $17.10 billion for the quarter, compared to analysts’ expectations of $16.82 billion. The firm’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same period last year, the business earned $2.65 earnings per share. On average, research analysts forecast that International Business Machines Corporation will post 12.41 EPS for the current year.
International Business Machines Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Tuesday, November 10th will be issued a $1.69 dividend. The ex-dividend date is Tuesday, November 10th. This represents a $6.76 dividend on an annualized basis and a yield of 2.7%.
International Business Machines Profile
International Business Machines Corporation (NYSE:IBM), commonly known as IBM, is a global technology and consulting company that helps organizations modernize their information technology and business operations. Its offerings include hybrid cloud solutions, artificial intelligence software and services, enterprise software, IT infrastructure, cybersecurity, data analytics, and technology consulting.
IBM provides products and services to businesses, governments, and other institutions across industries and regions worldwide.
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