Harrell Investment Partners LLC acquired a new position in shares of International Business Machines Corporation (NYSE:IBM – Free Report) in the third quarter, HoldingsChannel.com reports. The institutional investor acquired 2,265 shares of the technology company’s stock, valued at approximately $498,000.
Several other hedge funds have also added to or reduced their stakes in IBM. Barlow Wealth Partners LLC raised its holdings in shares of International Business Machines by 13.0% in the third quarter. Barlow Wealth Partners LLC now owns 948 shares of the technology company’s stock valued at $210,000 after purchasing an additional 109 shares during the last quarter. Weaver Capital Management LLC boosted its stake in International Business Machines by 60.0% in the third quarter. Weaver Capital Management LLC now owns 7,676 shares of the technology company’s stock worth $1,688,000 after buying an additional 2,878 shares in the last quarter. Financial Harvest LLC lifted its position in International Business Machines by 12.8% in the third quarter. Financial Harvest LLC now owns 1,065 shares of the technology company’s stock valued at $234,000 after purchasing an additional 121 shares during the last quarter. Assenagon Asset Management S.A. increased its stake in shares of International Business Machines by 611.9% during the third quarter. Assenagon Asset Management S.A. now owns 664,709 shares of the technology company’s stock valued at $146,189,000 after buying an additional 571,332 shares during the period. Finally, Summit Financial Wealth Advisors LLC boosted its position in shares of International Business Machines by 6.0% during the third quarter. Summit Financial Wealth Advisors LLC now owns 24,298 shares of the technology company’s stock valued at $5,344,000 after purchasing an additional 1,373 shares in the last quarter. 58.96% of the stock is currently owned by institutional investors and hedge funds.
International Business Machines Trading Up 2.7%
Shares of IBM stock opened at $234.04 on Friday. The business has a fifty day simple moving average of $232.08 and a 200-day simple moving average of $243.66. 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 stock has a market cap of $220.50 billion, a P/E ratio of 20.77, a P/E/G ratio of 2.17 and a beta of 0.73. International Business Machines Corporation has a fifty-two week low of $199.19 and a fifty-two week high of $332.46.
International Business Machines (NYSE:IBM – Get Free Report) last released 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 firm 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 quarterly revenue was up 1.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.80 earnings per share. On average, analysts forecast that International Business Machines Corporation will post 12.33 earnings per share for the current fiscal year.
International Business Machines Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 10th. Investors of record on Monday, August 10th were paid a dividend of $1.69 per share. The ex-dividend date was Monday, August 10th. This represents a $6.76 annualized dividend and a yield of 2.9%. International Business Machines’s dividend payout ratio (DPR) is 59.98%.
International Business Machines News Roundup
Here are the key news stories impacting International Business Machines this week:
- Positive Sentiment: Potential earnings beat: Bank of America expects IBM to modestly exceed third-quarter estimates, while maintaining its 2026 outlook. The bank reiterated a “buy” rating and $280 price target, citing higher-margin software growth, improving profitability and strong free cash flow. IBM poised for modest third-quarter beat, says Bank of America
- Positive Sentiment: Analyst support: Morgan Stanley raised its IBM price target from $190 to $238, although it retained an “equal weight” rating. Royal Bank of Canada also reaffirmed its “outperform” rating, providing additional support ahead of earnings.
- Positive Sentiment: Semiconductor research collaboration: IBM and Siemens are working together to advance IBM’s nanostack transistor architecture. Siemens will contribute electronic-design automation, process simulation and manufacturing expertise, potentially strengthening IBM’s long-term semiconductor and technology prospects. IBM and Siemens Collaborate on Research to Advance Nanostack Architecture
- Neutral Sentiment: AI governance demand: IBM reported that 80% of surveyed EMEA executives had escalated an AI-related incident to their board or C-suite. The findings highlight a growing need for AI governance, cybersecurity and compliance services, but also show that many organizations are not yet prepared for autonomous AI agents. IBM Study on AI Incidents and Governance
- Negative Sentiment: Dividend and balance-sheet concerns: IBM’s century-long record of annual dividend increases is being tested by token-sized raises, rising debt and concerns that shareholder payouts could compete with funding for AI investments. IBM Dividend and Debt Concerns
- Negative Sentiment: Cash-flow quality and execution risks: Analysts note that much of IBM’s first-half operating-cash-flow improvement came from movements in financing receivables rather than clearly sustainable growth. Investors also remain focused on competition, margin pressure and whether AI and hybrid-cloud expansion can justify IBM’s premium valuation.
Insider Transactions at International Business Machines
In other news, SVP Robert Thomas sold 25,000 shares of the business’s stock in a transaction on Wednesday, August 26th. The shares were 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 owned 47,800 shares of the company’s stock, valued at approximately $11,009,296. The trade was a 34.34% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders own 0.27% of the company’s stock.
Analysts Set New Price Targets
IBM has been the topic of several research analyst reports. Citic Securities upped their target price on shares of International Business Machines from $294.00 to $297.00 and gave the company a “buy” rating in a research note on Wednesday, July 29th. Susquehanna boosted their price target on International Business Machines from $225.00 to $235.00 and gave the company a “neutral” rating in a report on Monday, August 31st. Morgan Stanley upped their price target on International Business Machines from $190.00 to $238.00 and gave the stock an “equal weight” rating in a research report on Thursday. BMO Capital Markets decreased their target price on shares of International Business Machines from $270.00 to $230.00 and set a “market perform” rating for the company in a research note on Thursday, July 23rd. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $270.00 target price on shares of International Business Machines in a research note on Tuesday. Nineteen research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $254.96.
Get Our Latest Stock Analysis on IBM
International Business Machines Company Profile
International Business Machines Corporation (NYSE:IBM), commonly known as IBM, is a global technology company that provides hybrid cloud, artificial intelligence, software, consulting and infrastructure solutions. Its offerings help businesses and government organizations manage data, modernize applications, automate processes and improve cybersecurity.
IBM’s portfolio includes the Red Hat hybrid cloud platform, the watsonx suite of artificial intelligence and data tools, consulting services, and enterprise software for areas such as automation, application management, security and asset management.
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