Jennison Associates LLC Increases Position in International Business Machines Corporation $IBM

Jennison Associates LLC lifted its position in International Business Machines Corporation (NYSE:IBM) by 199.0% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 597,242 shares of the technology company’s stock after buying an additional 397,494 shares during the quarter. Jennison Associates LLC’s holdings in International Business Machines were worth $168,518,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of IBM. Hunter Associates Investment Management LLC lifted its position in shares of International Business Machines by 26.5% during the third quarter. Hunter Associates Investment Management LLC now owns 16,465 shares of the technology company’s stock worth $4,640,000 after purchasing an additional 3,450 shares in the last quarter. Westfuller Advisors LLC acquired a new stake in International Business Machines during the 3rd quarter worth approximately $200,000. Lockheed Martin Investment Management Co. grew its stake in shares of International Business Machines by 25.6% in the third quarter. Lockheed Martin Investment Management Co. now owns 38,300 shares of the technology company’s stock worth $10,807,000 after acquiring an additional 7,800 shares in the last quarter. Flagship Wealth Advisors LLC increased its position in shares of International Business Machines by 5.2% during the third quarter. Flagship Wealth Advisors LLC now owns 2,538 shares of the technology company’s stock worth $716,000 after acquiring an additional 126 shares during the period. Finally, Parkside Financial Bank & Trust raised its stake in shares of International Business Machines by 7.8% in the third quarter. Parkside Financial Bank & Trust now owns 10,890 shares of the technology company’s stock valued at $3,073,000 after acquiring an additional 787 shares in the last quarter. Institutional investors and hedge funds own 58.96% of the company’s stock.

International Business Machines Trading Down 0.8%

IBM opened at $292.43 on Friday. The company has a debt-to-equity ratio of 1.97, a quick ratio of 0.89 and a current ratio of 0.93. International Business Machines Corporation has a one year low of $214.50 and a one year high of $324.90. The company has a market cap of $273.35 billion, a P/E ratio of 34.98, a PEG ratio of 2.85 and a beta of 0.70. The business’s 50-day simple moving average is $302.13 and its 200-day simple moving average is $282.69.

International Business Machines (NYSE:IBM) last announced its quarterly earnings results on Wednesday, October 22nd. The technology company reported $2.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.45 by $0.20. The firm had revenue of $16.33 billion during the quarter, compared to the consensus estimate of $16.10 billion. International Business Machines had a return on equity of 37.76% and a net margin of 12.09%.The firm’s quarterly revenue was up 9.1% compared to the same quarter last year. During the same period in the prior year, the company posted $2.30 earnings per share. As a group, equities research analysts expect that International Business Machines Corporation will post 10.78 EPS for the current fiscal year.

Key Headlines Impacting International Business Machines

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

• Positive Sentiment: JPMorgan and other analysts are bullish — a JPMorgan analyst said IBM’s stock is likely to rise, and other outlets report the stock trading higher following an analyst upgrade, providing near‑term buying interest ahead of earnings. International Business Machines (NYSE:IBM) Stock Price Expected to Rise Trading 2.1% Higher After Analyst Upgrade
• Positive Sentiment: Evercore ISI raised its price target to $330 and added IBM to a tactical outperform list — a clear signal that some brokers see upside from current levels. Evercore ISI raises IBM price target to $330
• Positive Sentiment: Jefferies reiterates a Buy and sees potential reacceleration in software growth heading into the print — this supports expectations for upward estimate revisions in 2026. IBM software growth seen reaccelerating ahead of earnings: Jefferies
• Positive Sentiment: Research and product catalysts: IBM’s new machine‑learning model for chip design (with Ansys and DARPA) is being touted as meaningful for next‑gen chips — a longer‑term tech differentiator tied to its AI strategy. Why IBM’s New Machine‑Learning Model Is a Big Deal
• Positive Sentiment: Multiple earnings previews (Seeking Alpha, Zacks, The Motley Fool) highlight stronger Q4 prospects driven by consulting (AI uptake, Microsoft partnership), software/watsonx tailwinds and the Confluent deal — these previews raise the odds of an upside surprise. IBM Q4 Earnings Preview Unlocking Q4 Potential of IBM
• Neutral Sentiment: Reminder: IBM’s earnings date is Jan. 28 — expectations are elevated, so the report could amplify volatility. Mark Your Calendars for January 28
• Neutral Sentiment: Analyst commentary and roundup pieces (CNBC/Benzinga, Yahoo) largely expect a solid quarter but differ on valuation timing — useful for positioning but not immediate catalysts. CNBC Final Trades
• Negative Sentiment: Short‑term price weakness: coverage notes and market pieces report the stock has slid recently despite higher targets — signaling profit‑taking and that upgrades aren’t fully translating into immediate gains. IBM Stock Slides Even as Analysts Raise Targets

Analyst Ratings Changes

Several research analysts recently commented on IBM shares. UBS Group reissued a “sell” rating on shares of International Business Machines in a research note on Tuesday, December 9th. Wall Street Zen cut International Business Machines from a “buy” rating to a “hold” rating in a research note on Sunday, January 11th. Weiss Ratings restated a “buy (b)” rating on shares of International Business Machines in a research note on Thursday. Morgan Stanley reduced their target price on shares of International Business Machines from $256.00 to $252.00 and set an “equal weight” rating on the stock in a report on Thursday, October 23rd. Finally, Oppenheimer assumed coverage on shares of International Business Machines in a report on Friday, November 21st. They set an “outperform” rating and a $360.00 price target for the company. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $306.86.

About International Business Machines

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.