International Business Machines Corporation $IBM Stock Position Lifted by Faithward Advisors LLC

Posted by Francis Steltz on Jun 24th, 2026

Faithward Advisors LLC raised its stake in International Business Machines Corporation (NYSE:IBM – Free Report) by 47.4% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 23,946 shares of the technology company’s stock after buying an additional 7,699 shares during the quarter. Faithward Advisors LLC’s holdings in International Business Machines were worth $5,804,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IBM. VIRGINIA RETIREMENT SYSTEMS ET Al increased its position in International Business Machines by 424.6% in the 4th quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 260,740 shares of the technology company’s stock worth $77,234,000 after purchasing an additional 211,040 shares during the last quarter. GLOBALT Investments LLC GA raised its stake in shares of International Business Machines by 19.1% during the 4th quarter. GLOBALT Investments LLC GA now owns 18,288 shares of the technology company’s stock worth $5,417,000 after purchasing an additional 2,930 shares in the last quarter. Waverton Investment Management Ltd lifted its holdings in shares of International Business Machines by 3.3% during the 3rd quarter. Waverton Investment Management Ltd now owns 993,743 shares of the technology company’s stock valued at $280,439,000 after buying an additional 32,072 shares during the last quarter. Newbridge Financial Services Group Inc. lifted its holdings in shares of International Business Machines by 30.0% during the 4th quarter. Newbridge Financial Services Group Inc. now owns 13,122 shares of the technology company’s stock valued at $3,887,000 after buying an additional 3,029 shares during the last quarter. Finally, Rice Partnership LLC bought a new stake in shares of International Business Machines in the 4th quarter valued at approximately $3,317,000. Hedge funds and other institutional investors own 58.96% of the company’s stock.

Analyst Ratings Changes

IBM has been the topic of a number of research reports. Morgan Stanley upgraded International Business Machines from an “equal weight” rating to an “overweight” rating in a report on Tuesday. Wedbush set a $350.00 target price on shares of International Business Machines in a research report on Tuesday, June 2nd. Wall Street Zen upgraded shares of International Business Machines from a “sell” rating to a “hold” rating in a research note on Sunday. Royal Bank Of Canada restated an “outperform” rating on shares of International Business Machines in a report on Tuesday. Finally, BMO Capital Markets reduced their price objective on shares of International Business Machines from $290.00 to $270.00 and set a “market perform” rating for the company in a research note on Thursday, April 23rd. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $306.94.

View Our Latest Report on International Business Machines

Key Stories Impacting International Business Machines

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

Positive Sentiment: JPMorgan upgraded IBM to Overweight from Neutral and raised its price target to $291 from $270, citing stronger confidence in IBM’s software acceleration and AI-related growth. IBM stock jumps after JPMorgan upgrade on AI and software growth
Positive Sentiment: IBM has gained momentum from renewed enthusiasm around quantum computing after President Trump publicly praised IBM CEO Arvind Krishna and signed executive orders aimed at accelerating U.S. quantum development. IBM shares pop following Trump’s praise at White House quantum summit
Positive Sentiment: IBM and OpenAI announced a partnership to bring frontier AI into enterprise cyber defense, which could expand IBM’s AI offerings and support future revenue growth. IBM partners with OpenAI on enterprise security AI
Positive Sentiment: IBM won a five-year contract from the U.K. Department of Health, adding another government-backed business win to its recurring services pipeline. IBM Wins 5-Year Contract from U.K. Department of Health – Analyst Blog
Neutral Sentiment: IBM also extended its syndicated credit facilities, which improves liquidity and financial flexibility but is not a direct earnings driver. IBM Extends Syndicated Credit Facilities, Enhancing Liquidity

International Business Machines Stock Up 4.9%

IBM opened at $264.66 on Wednesday. The firm has a market cap of $248.75 billion, a P/E ratio of 23.40, a price-to-earnings-growth ratio of 2.62 and a beta of 0.67. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.76 and a current ratio of 0.80. The business has a 50 day moving average price of $252.45 and a 200 day moving average price of $267.90. International Business Machines Corporation has a twelve month low of $212.34 and a twelve month high of $332.46.

International Business Machines (NYSE:IBM – Get Free Report) last announced its quarterly earnings results on Wednesday, April 22nd. The technology company reported $1.91 EPS for the quarter, beating the consensus estimate of $1.81 by $0.10. International Business Machines had a return on equity of 37.23% and a net margin of 15.61%.The company had revenue of $15.92 billion for the quarter, compared to the consensus estimate of $15.60 billion. During the same quarter last year, the company posted $1.60 earnings per share. The company’s revenue for the quarter was up 9.5% compared to the same quarter last year. Research analysts forecast that International Business Machines Corporation will post 12.38 EPS for the current year.

International Business Machines Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Friday, May 8th were paid a $1.69 dividend. This represents a $6.76 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date was Friday, May 8th. This is a boost from International Business Machines’s previous quarterly dividend of $1.68. International Business Machines’s dividend payout ratio (DPR) is 59.77%.

International Business Machines Profile

(Free Report)

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.