TD Waterhouse Canada Inc. trimmed its position in shares of International Business Machines Corporation (NYSE:IBM – Free Report) by 14.3% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 112,555 shares of the technology company’s stock after selling 18,759 shares during the period. TD Waterhouse Canada Inc.’s holdings in International Business Machines were worth $25,419,000 as of its most recent SEC filing.
Other institutional investors have also modified their holdings of the company. BlackRock Inc. bought a new position in shares of International Business Machines during the 2nd quarter worth approximately $21,586,659,000. State Street Corp lifted its position in International Business Machines by 2.7% during the second quarter. State Street Corp now owns 56,045,055 shares of the technology company’s stock valued at $15,760,430,000 after acquiring an additional 1,450,562 shares during the last quarter. Bank of America Corp DE acquired a new stake in International Business Machines in the second quarter valued at approximately $4,214,868,000. Bank of New York Mellon Corp acquired a new stake in International Business Machines in the second quarter valued at approximately $2,606,782,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in International Business Machines by 0.7% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 7,621,512 shares of the technology company’s stock valued at $2,143,245,000 after acquiring an additional 53,388 shares in the last quarter. 58.96% of the stock is currently owned by institutional investors.
Key International Business Machines News
Here are the key news stories impacting International Business Machines this week:
- Positive Sentiment: Bank of America expects IBM to deliver a modest third-quarter earnings beat while maintaining its 2026 outlook. The bank reiterated its Buy rating and $280 price target, citing higher-margin software, improving profitability and strong free cash flow. IBM poised for modest third-quarter beat, says Bank of America
- Positive Sentiment: Analysts expect software revenue to benefit from AI innovation, strategic partnerships and expanding enterprise-cloud capabilities. Consulting revenue is also projected to show modest growth, supported by technology demand, AI partnerships and cybersecurity-related expansion. IBM software revenue earnings preview
- Positive Sentiment: IBM and Siemens are collaborating on IBM’s nanostack transistor architecture, combining IBM semiconductor research with Siemens’ design-automation and manufacturing software. The initiative reinforces IBM’s long-term investment in advanced chips and computing technology. Siemens joins IBM nanostack research effort
- Neutral Sentiment: IBM reports third-quarter results next week, and options traders are pricing in a potential move of roughly 8% after the release. The elevated implied volatility signals substantial uncertainty rather than a clearly bullish or bearish expectation. IBM options market expects major post-earnings move
- Neutral Sentiment: Morgan Stanley raised its IBM price target to $238 but maintained an Equal Weight rating, implying limited near-term upside at the referenced price. RBC separately reaffirmed its Outperform rating. RBC reaffirms IBM Outperform rating
- Negative Sentiment: Investor concerns remain about IBM’s valuation, rising debt and limited dividend growth. Commentary noted that the company’s long record of annual dividend increases has recently involved only small raises, potentially constraining its appeal to income-focused investors while it funds AI initiatives. IBM dividend and debt concerns
International Business Machines Trading Down 0.7%
Shares of International Business Machines stock opened at $232.58 on Friday. The company has a debt-to-equity ratio of 1.63, a current ratio of 0.79 and a quick ratio of 0.74. The firm has a fifty day moving average price of $231.99 and a 200 day moving average price of $243.58. International Business Machines Corporation has a 1 year low of $199.19 and a 1 year high of $332.46. The stock has a market cap of $219.12 billion, a PE ratio of 20.64, a price-to-earnings-growth ratio of 2.21 and a beta of 0.73.
International Business Machines (NYSE:IBM – Get Free Report) last posted its earnings results on Wednesday, July 22nd. The technology company reported $2.93 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $2.93. International Business Machines had a net margin of 15.52% and a return on equity of 35.65%. The company had revenue of $17.16 billion during the quarter, compared to the consensus estimate of $17.46 billion. During the same period in the previous year, the firm posted $2.80 earnings per share. The firm’s quarterly revenue was up 1.1% on a year-over-year basis. Equities research analysts predict that International Business Machines Corporation will post 12.34 earnings per share for the current year.
International Business Machines Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 10th. Shareholders 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 dividend on an annualized basis and a dividend yield of 2.9%. International Business Machines’s dividend payout ratio (DPR) is presently 59.98%.
Analyst Upgrades and Downgrades
IBM has been the topic of several analyst reports. Craig Hallum assumed coverage on shares of International Business Machines in a report on Wednesday, August 19th. They issued a “buy” rating on the stock. Truist Financial began coverage on International Business Machines in a report on Friday, October 9th. They set a “hold” rating and a $240.00 price objective for the company. Royal Bank Of Canada reissued an “outperform” rating and issued a $270.00 price objective on shares of International Business Machines in a research report on Tuesday, October 13th. Sanford C. Bernstein lowered their price objective on International Business Machines from $280.00 to $230.00 and set a “market perform” rating for the company in a research report on Thursday, July 23rd. Finally, Jefferies Financial Group dropped their target price on International Business Machines from $320.00 to $260.00 and set a “buy” rating on the stock in a research note on Tuesday, July 21st. Nineteen analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, International Business Machines has an average rating of “Moderate Buy” and an average target price of $254.96.
Get Our Latest Stock Report on IBM
Insider Activity
In other news, SVP Robert Thomas sold 25,000 shares of the business’s stock in a transaction dated Wednesday, August 26th. The stock was sold at an average price of $230.32, for a total value 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 $11,009,296. The trade was a 34.34% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.27% of the stock is currently owned by company insiders.
International Business Machines Profile
International Business Machines Corporation (NYSE:IBM), commonly known as IBM, is a global technology and consulting company that helps organizations modernize their information technology and business operations. Its offerings include hybrid cloud solutions, artificial intelligence software and services, enterprise software, IT infrastructure, cybersecurity, data analytics, and technology consulting.
IBM provides products and services to businesses, governments, and other institutions across industries and regions worldwide.
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