Kelleher Financial Advisors Purchases New Stake in International Business Machines Corporation $IBM

Posted by George Bondi on Sep 1st, 2026

Kelleher Financial Advisors acquired a new stake in shares of International Business Machines Corporation (NYSE:IBM – Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 5,720 shares of the technology company’s stock, valued at approximately $1,609,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. EJMK Ventures LLC bought a new stake in shares of International Business Machines in the 2nd quarter worth about $334,000. Bellars Harris Wealth Management LLC bought a new position in shares of International Business Machines during the second quarter worth about $240,000. Sutton Place Investors LLC acquired a new position in International Business Machines in the second quarter worth about $452,000. Langley Wealth Management LLC bought a new stake in International Business Machines in the second quarter valued at about $98,000. Finally, Avalon Trust Co bought a new stake in International Business Machines in the second quarter valued at about $128,000. Institutional investors own 58.96% of the company’s stock.

Insider Buying and Selling

In related news, SVP Robert David Thomas sold 25,000 shares of the company’s stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $230.32, for a total transaction of $5,758,000.00. Following the completion of the transaction, the senior vice president directly owned 47,800 shares in the company, valued at $11,009,296. This represents a 34.34% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.27% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research analysts have commented on IBM shares. Morgan Stanley reduced their target price on International Business Machines from $293.00 to $190.00 and set an “equal weight” rating on the stock in a report on Thursday, July 23rd. Bank of America boosted their price target on International Business Machines from $315.00 to $330.00 and gave the company a “buy” rating in a report on Monday, July 6th. Wolfe Research lowered International Business Machines to a “peer perform” rating in a research report on Tuesday, June 23rd. Wedbush set a $350.00 price objective on International Business Machines in a research note on Tuesday, June 2nd. Finally, Robert W. Baird assumed coverage on shares of International Business Machines in a report on Tuesday, July 21st. They issued a “neutral” rating and a $230.00 price objective for the company. Sixteen investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $265.90.

Check Out Our Latest Analysis on International Business Machines

International Business Machines Stock Performance

Shares of NYSE IBM opened at $233.73 on Tuesday. 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 firm’s 50-day moving average price is $244.18 and its two-hundred day moving average price is $247.91. International Business Machines Corporation has a 52-week low of $199.19 and a 52-week high of $332.46. The stock has a market capitalization of $220.20 billion, a P/E ratio of 20.74, a P/E/G ratio of 2.31 and a beta of 0.70.

International Business Machines (NYSE:IBM – Get Free Report) last posted its earnings results on Wednesday, July 22nd. The technology company reported $2.93 EPS for the quarter, meeting the consensus estimate 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 return on equity of 35.65% and a net margin of 15.52%.The business’s revenue was up 1.1% compared to the same quarter last year. During the same period in the prior year, the company earned $2.80 earnings per share. As a group, sell-side analysts forecast that International Business Machines Corporation will post 12.33 earnings per share for the current year.

International Business Machines Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Monday, August 10th will be given a dividend of $1.69 per share. The ex-dividend date is Monday, August 10th. This represents a $6.76 dividend on an annualized basis and a yield of 2.9%. International Business Machines’s payout ratio is currently 59.98%.

International Business Machines News Summary

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

Positive Sentiment: IBM’s acquisition of HRL Laboratories adds silicon-spin qubit, advanced materials and manufacturing expertise that could improve the company’s ability to develop scalable quantum-computing systems. The deal strengthens IBM’s technology pipeline, although commercial benefits may take years to materialize. Can IBM’s HRL Acquisition Boost Its Quantum Computing Capabilities?
Positive Sentiment: Susquehanna analyst James Friedman raised his IBM price target to $235, citing several upcoming quantum-computing catalysts. However, his caution indicates that quantum remains an emerging opportunity rather than an immediate earnings driver. Can Quantum Computing Save IBM Stock?
Positive Sentiment: A new market report identifies IBM as a leading enterprise blockchain and Blockchain-as-a-Service provider, highlighting its cloud-native offerings and exposure to expected blockchain-market growth. IBM Emerges As a Leading Enterprise Blockchain Provider
Neutral Sentiment: Research reports forecast growth in biological computing, computer-based sensing, business service management, UNIX and high-throughput computing. IBM is listed among market participants, but the reports do not announce contracts, revenue changes or specific financial benefits for the company.
Negative Sentiment: Coverage says IBM’s stock has fallen sharply after missing second-quarter revenue expectations, reinforcing investor concerns about product and top-line momentum. Quantum initiatives may not offset near-term execution concerns. IBM Stock Falls 19%: Will Quantum Computing Spark a Recovery?
Negative Sentiment: A securities law firm announced an investigation into possible securities-law violations following IBM’s significant decline. The announcement is not a finding of wrongdoing, but it adds headline and potential litigation risk. IBM Investment Losses and Pending Securities Fraud Investigation
Negative Sentiment: Reports of a senior executive selling approximately $5.8 million of IBM stock may weigh modestly on sentiment, though insider sales can reflect personal financial planning and are not necessarily evidence of deteriorating fundamentals. IBM SVP Sells $5.758 Million in Stock

International Business Machines Company 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.