AustralianSuper Pty Ltd cut its holdings in shares of International Business Machines Corporation (NYSE:IBM – Free Report) by 94.3% during the fourth quarter, Holdings Channel.com reports. The fund owned 4,003 shares of the technology company’s stock after selling 66,800 shares during the period. AustralianSuper Pty Ltd’s holdings in International Business Machines were worth $1,186,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also bought and sold shares of IBM. Family CFO Inc bought a new stake in International Business Machines during the fourth quarter valued at about $25,000. Joseph Group Capital Management bought a new stake in International Business Machines during the fourth quarter valued at about $28,000. SWAN Capital LLC bought a new stake in International Business Machines during the third quarter valued at about $28,000. DecisionPoint Financial LLC raised its holdings in International Business Machines by 1,666.7% during the fourth quarter. DecisionPoint Financial LLC now owns 106 shares of the technology company’s stock valued at $31,000 after acquiring an additional 100 shares during the period. Finally, LFA Lugano Financial Advisors SA bought a new stake in International Business Machines during the fourth quarter valued at about $31,000. 58.96% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
A number of equities research analysts have commented on IBM shares. Jefferies Financial Group decreased their price target on International Business Machines from $370.00 to $320.00 and set a “buy” rating on the stock in a report on Monday, April 20th. Stifel Nicolaus reduced their target price on International Business Machines from $340.00 to $290.00 and set a “buy” rating on the stock in a report on Wednesday, April 8th. Erste Group Bank cut International Business Machines from a “buy” rating to a “hold” rating in a report on Wednesday, February 18th. Weiss Ratings cut International Business Machines from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, May 4th. Finally, JPMorgan Chase & Co. reduced their target price on International Business Machines from $317.00 to $283.00 and set a “neutral” rating on the stock in a report on Wednesday, March 18th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $294.41.
Insider Buying and Selling
In related news, Director Michael Miebach purchased 434 shares of the company’s stock in a transaction that occurred on Wednesday, February 25th. The stock was bought at an average price of $233.33 per share, for a total transaction of $101,265.22. Following the completion of the transaction, the director owned 434 shares in the company, valued at approximately $101,265.22. The trade was a ∞ increase in their position. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 0.27% of the company’s stock.
International Business Machines Trading Up 0.5%
Shares of IBM stock opened at $219.56 on Friday. International Business Machines Corporation has a 12-month low of $212.34 and a 12-month high of $324.90. The company has a current ratio of 0.80, a quick ratio of 0.76 and a debt-to-equity ratio of 1.75. The stock’s 50-day moving average price is $240.49 and its 200-day moving average price is $275.05. The stock has a market capitalization of $206.37 billion, a price-to-earnings ratio of 19.41, a price-to-earnings-growth ratio of 2.26 and a beta of 0.58.
International Business Machines (NYSE:IBM – Get Free Report) last issued its earnings results on Wednesday, April 22nd. The technology company reported $1.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.81 by $0.10. The firm had revenue of $15.92 billion for the quarter, compared to analysts’ expectations of $15.60 billion. International Business Machines had a return on equity of 37.23% and a net margin of 15.61%.The business’s revenue was up 9.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.60 earnings per share. Equities research analysts predict that International Business Machines Corporation will post 12.4 EPS for the current fiscal year.
International Business Machines Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Friday, May 8th will be given a $1.69 dividend. This is an increase from International Business Machines’s previous quarterly dividend of $1.68. This represents a $6.76 annualized dividend and a yield of 3.1%. The ex-dividend date is Friday, May 8th. International Business Machines’s dividend payout ratio (DPR) is 59.77%.
More International Business Machines News
Here are the key news stories impacting International Business Machines this week:
- Positive Sentiment: IBM introduced new cloud services — Red Hat AI Inference and OpenShift Virtualization — aimed at speeding enterprise AI adoption and secure virtual workload deployment, reinforcing its growth narrative in AI and cloud. IBM’s New AI Units And Services Reshape Enterprise Consulting Story
- Positive Sentiment: IBM is rolling out a new delivery model for consulting that uses senior-led teams and AI agents to turn enterprise strategy into execution faster, which could support services revenue and margins. A New Way to Make AI Actually Work in the Real World
- Positive Sentiment: OnQ said it has integrated IBM AS/400 systems into its Converge platform, a partnership that highlights IBM’s continued relevance in retail infrastructure and real-time inventory applications. OnQ Integrates IBM AS/400 into its Converge Platform, Bringing Real-Time Inventory to In-Store Retail Experiences
- Neutral Sentiment: One article said IBM shareholders may not see immediate upside after the Think 2026 event, even though analyst price targets still imply meaningful longer-term potential. No Upside For International Business Machines (IBM) Shareholders Post IBM Think 2026 Event
- Neutral Sentiment: Several recent writeups are mainly valuation and recovery discussions, noting IBM remains well below prior highs and may be attractive to long-term investors, but they do not point to a clear near-term catalyst. IBM: The Business Improved Faster Than Many Investors Realize
- Negative Sentiment: Some market commentary continues to frame IBM as a stock that has pulled back significantly from recent highs, which can weigh on sentiment despite the company’s operational progress. Catching Falling Knives: Is It Time to Buy These Beaten-Down Stocks?
International Business Machines Profile
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.
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