Boothe Investment Group Inc. Purchases 2,387 Shares of International Business Machines Corporation $IBM

Posted by Brian Himes on Aug 14th, 2026

Boothe Investment Group Inc. grew its position in shares of International Business Machines Corporation (NYSE:IBM – Free Report) by 29.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 10,393 shares of the technology company’s stock after buying an additional 2,387 shares during the period. International Business Machines accounts for 0.9% of Boothe Investment Group Inc.’s investment portfolio, making the stock its 23rd largest position. Boothe Investment Group Inc.’s holdings in International Business Machines were worth $2,923,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Norges Bank bought a new stake in International Business Machines in the 4th quarter valued at about $2,446,429,000. Capital World Investors lifted its holdings in International Business Machines by 29.2% during the fourth quarter. Capital World Investors now owns 22,021,912 shares of the technology company’s stock valued at $6,523,720,000 after purchasing an additional 4,976,756 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its position in International Business Machines by 83.4% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 5,617,117 shares of the technology company’s stock worth $1,663,847,000 after purchasing an additional 2,553,552 shares during the period. Corient Private Wealth LLC increased its stake in shares of International Business Machines by 359.6% in the fourth quarter. Corient Private Wealth LLC now owns 1,896,675 shares of the technology company’s stock worth $561,814,000 after purchasing an additional 1,484,026 shares in the last quarter. Finally, Vanguard Group Inc. increased its stake in shares of International Business Machines by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 97,216,131 shares of the technology company’s stock worth $28,796,390,000 after purchasing an additional 1,439,824 shares in the last quarter. Institutional investors own 58.96% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently commented on IBM shares. Argus dropped their price target on shares of International Business Machines from $360.00 to $280.00 and set a “buy” rating on the stock in a research note on Thursday, July 16th. KeyCorp lowered shares of International Business Machines to a “sector weight” rating in a research note on Tuesday, June 23rd. DZ Bank raised shares of International Business Machines from a “hold” rating to a “buy” rating and set a $295.00 target price on the stock in a report on Friday, April 24th. Wedbush set a $350.00 target price on International Business Machines in a research report on Tuesday, June 2nd. Finally, Susquehanna cut their price target on International Business Machines from $303.00 to $225.00 and set a “neutral” rating for the company in a report on Friday, July 24th. Fifteen investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $265.40.

View Our Latest Research Report on IBM

International Business Machines News Roundup

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

Positive Sentiment: OpenAI partnership strengthens IBM’s enterprise AI strategy. IBM will integrate OpenAI models, including GPT-5.6, into its consulting platform and launch a dedicated OpenAI Practice staffed by thousands of trained consultants and engineers. The companies will target finance, government, telecommunications and retail customers, with applications spanning cybersecurity, application modernization and complex business workflows. The arrangement could help IBM capture more corporate AI spending through its global consulting relationships. IBM partners with OpenAI to bolster enterprise AI push
Positive Sentiment: IBM is expanding AI cloud capacity through a $240 million Together AI agreement. The multiyear deal calls for an NVIDIA-powered inference cluster on IBM Cloud, using Blackwell systems and expected to be operational in the first quarter of 2027. Strong anticipated demand for open-source AI inference could improve IBM Cloud utilization and create longer-term infrastructure revenue opportunities. Can IBM’s Together AI Cloud Deal Boost Its Growth Prospects?
Neutral Sentiment: Quantum computing remains a long-term option rather than an immediate earnings driver. Coverage of IBM’s quantum advances suggests the technology could eventually have a measurable effect on revenue and corporate decision-making, but near-term financial benefits remain uncertain. What IBM’s Quantum Breakthrough Means for the $100 Million CFO
Neutral Sentiment: Asian trading halts and currency-related liquidations may pressure technology shares, including IBM, through broad risk reduction rather than weaker AI demand. This points to potential short-term volatility instead of a deterioration in IBM’s operating fundamentals. Asian Market Circuit Breakers Hit Stocks, Not AI Demand
Negative Sentiment: Shareholder-law firms have announced investigations tied to IBM’s sharp July selloff and alleged disclosure issues surrounding second-quarter results. These notices may add headline and litigation risk, though they do not by themselves establish wrongdoing. IBM Securities Investigation

International Business Machines Trading Up 0.3%

Shares of IBM opened at $236.71 on Friday. International Business Machines Corporation has a twelve month low of $199.19 and a twelve month high of $332.46. The stock has a market cap of $223.01 billion, a PE ratio of 21.00, a P/E/G ratio of 2.32 and a beta of 0.70. The company has a quick ratio of 0.74, a current ratio of 0.79 and a debt-to-equity ratio of 1.63. The business’s 50-day moving average price is $252.38 and its 200-day moving average price is $253.33.

International Business Machines (NYSE:IBM – Get Free Report) last released its quarterly earnings data on Wednesday, July 22nd. The technology company reported $2.93 EPS for the quarter, meeting analysts’ consensus estimates of $2.93. The company had revenue of $17.16 billion during the quarter, compared to analyst estimates of $17.46 billion. International Business Machines had a net margin of 15.52% and a return on equity of 35.65%. International Business Machines’s revenue was up 1.1% compared to the same quarter last year. During the same period last year, the business earned $2.80 earnings per share. On average, equities analysts forecast that International Business Machines Corporation will post 12.33 EPS for the current fiscal year.

International Business Machines Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Monday, August 10th will be issued a $1.69 dividend. This represents a $6.76 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend is Monday, August 10th. International Business Machines’s dividend payout ratio (DPR) is presently 59.98%.

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.