International Business Machines Corporation $IBM Shares Bought by Summit Global Investments

Posted by Geri Gentry on Nov 2nd, 2026

Summit Global Investments lifted its holdings in International Business Machines Corporation (NYSE:IBM – Free Report) by 89.0% during the third quarter, Holdings Channel.com reports. The institutional investor owned 5,713 shares of the technology company’s stock after acquiring an additional 2,691 shares during the quarter. Summit Global Investments’ holdings in International Business Machines were worth $1,256,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Friday Financial boosted its stake in International Business Machines by 1.9% in the second quarter. Friday Financial now owns 1,903 shares of the technology company’s stock valued at $583,000 after acquiring an additional 35 shares during the last quarter. Trinity Wealth Management LLC raised its holdings in shares of International Business Machines by 2.3% in the 2nd quarter. Trinity Wealth Management LLC now owns 1,695 shares of the technology company’s stock worth $477,000 after purchasing an additional 38 shares during the period. Pettinga Financial Advisors LLC lifted its stake in International Business Machines by 3.6% in the second quarter. Pettinga Financial Advisors LLC now owns 1,090 shares of the technology company’s stock valued at $307,000 after purchasing an additional 38 shares during the last quarter. HHM Wealth Advisors LLC lifted its stake in International Business Machines by 4.6% in the second quarter. HHM Wealth Advisors LLC now owns 928 shares of the technology company’s stock valued at $261,000 after purchasing an additional 41 shares during the last quarter. Finally, Basecamp Wealth Advisors LLC grew its holdings in 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 period. 58.96% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about International Business Machines

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

Positive Sentiment: IBM introduced new AI-agent security controls that combine HashiCorp Vault, Agent Identity, and watsonx Orchestrate. The tools provide centralized governance, least-privilege access, real-time credential revocation, and sandboxed execution across hybrid-cloud environments, potentially strengthening IBM’s position in enterprise AI security. IBM Debuts AI Agent Security Controls For Hybrid Cloud
Positive Sentiment: Analysts and commentators highlighted improving momentum in IBM’s software business, including its hybrid-cloud and enterprise infrastructure operations. IBM’s approximately $12 billion in free cash flow may support continued investment and shareholder returns. IBM’s Software Business Is Picking Up Speed
Neutral Sentiment: Research reports project strong growth in service virtualization, edge computing, configuration-management systems, SMB IT spending, and battery-warranty analytics—markets in which IBM is listed as a participant. The reports indicate long-term addressable-market opportunities but do not represent new contracts or revenue guidance for IBM. Configuration Management Systems Global Strategic Business Report
Neutral Sentiment: IBM’s opposition to blockchain-based stock trading reflects concerns about tokenized-market structures, but the issue appears unlikely to materially affect near-term financial results. Why Oracle, Intel, and IBM Are Saying No to Blockchain-Based Stock Trading
Negative Sentiment: Concerns about IBM’s debt load and whether its long record of dividend increases can continue are weighing on the investment case. The stock’s decline during 2026 has made the dividend more attractive, but also highlights balance-sheet and payout sustainability risks. IBM Stock Is Down 13% in 2026. Is Its Dividend Still Safe?

International Business Machines Price Performance

International Business Machines stock opened at $257.80 on Monday. The firm has a market capitalization of $243.65 billion, a P/E ratio of 21.98, a PEG ratio of 2.54 and a beta of 0.78. International Business Machines Corporation has a one year low of $199.19 and a one year high of $332.46. The company has a debt-to-equity ratio of 1.57, a current ratio of 0.85 and a quick ratio of 0.80. The business has a fifty day moving average price of $235.17 and a 200-day moving average price of $249.93.

International Business Machines (NYSE:IBM – Get Free Report) last released its quarterly earnings data on Wednesday, October 21st. The technology company reported $2.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.85 by $0.10. The company had revenue of $17.10 billion for the quarter, compared to analyst estimates of $16.82 billion. International Business Machines had a return on equity of 34.37% and a net margin of 15.99%. The firm’s revenue for the quarter was up 4.7% compared to the same quarter last year. During the same period in the previous year, the company posted $2.65 EPS. As a group, equities research analysts forecast that International Business Machines Corporation will post 12.41 EPS for the current year.

International Business Machines Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Tuesday, November 10th will be issued a dividend of $1.69 per share. This represents a $6.76 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend is Tuesday, November 10th. International Business Machines’s payout ratio is presently 57.63%.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on IBM. The Goldman Sachs Group reaffirmed a “buy” rating and set a $300.00 price target on shares of International Business Machines in a research report on Thursday, October 22nd. Craig Hallum began coverage on shares of International Business Machines in a report on Wednesday, August 19th. They set a “buy” rating on the stock. Robert W. Baird increased their target price on shares of International Business Machines from $230.00 to $260.00 and gave the stock a “neutral” rating in a research report on Thursday, October 22nd. UBS Group lifted their target price on shares of International Business Machines from $236.00 to $243.00 and gave the stock a “neutral” rating in a research note on Thursday, October 22nd. Finally, BMO Capital Markets boosted their price target on shares of International Business Machines from $230.00 to $265.00 and gave the company a “market perform” rating in a research report on Thursday, October 22nd. Nineteen research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, International Business Machines presently has an average rating of “Moderate Buy” and an average target price of $266.12.

Check Out Our Latest Analysis on IBM

Insider Buying and Selling at International Business Machines

In other news, SVP Robert Thomas sold 25,000 shares of the stock in a transaction dated 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 sale, the senior vice president directly owned 47,800 shares of the company’s stock, valued at approximately $11,009,296. This represents a 34.34% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.27% of the stock is currently owned by corporate insiders.

International Business Machines Profile

(Free Report)

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.