Krilogy Financial LLC bought a new stake in International Business Machines Corporation (NYSE:IBM – Free Report) in the 3rd quarter, Holdings Channel.com reports. The firm bought 5,956 shares of the technology company’s stock, valued at approximately $1,827,000.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Stratos Wealth Advisors LLC lifted its stake in International Business Machines by 33.6% during the third quarter. Stratos Wealth Advisors LLC now owns 6,827 shares of the technology company’s stock worth $1,926,000 after purchasing an additional 1,716 shares during the last quarter. Baader Bank Aktiengesellschaft increased its stake in shares of International Business Machines by 23.5% in the third quarter. Baader Bank Aktiengesellschaft now owns 25,801 shares of the technology company’s stock valued at $7,191,000 after buying an additional 4,911 shares during the period. Wealthstream Advisors Inc. raised its stake in shares of International Business Machines by 11.6% during the third quarter. Wealthstream Advisors Inc. now owns 1,623 shares of the technology company’s stock valued at $458,000 after acquiring an additional 169 shares during the last quarter. Providence Capital Advisors LLC raised its stake in International Business Machines by 2.8% during the third quarter. Providence Capital Advisors LLC now owns 10,706 shares of the technology company’s stock worth $3,021,000 after buying an additional 287 shares during the last quarter. Finally, Costello Asset Management INC raised its position in shares of International Business Machines by 14.2% in the 3rd quarter. Costello Asset Management INC now owns 642 shares of the technology company’s stock worth $181,000 after acquiring an additional 80 shares in the last quarter. 58.96% of the stock is currently owned by institutional investors and hedge funds.
More International Business Machines News
Here are the key news stories impacting International Business Machines this week:
- Positive Sentiment: IBM launched an AI‑driven, autonomous FlashSystem portfolio (FlashSystem 5600/7600/9600 and FlashSystem.ai) that embeds agentic AI for storage automation, faster ransomware detection and improved resiliency — a product push that could expand high‑margin storage revenue over time. IBM Introduces Autonomous Storage (PR Newswire)
- Positive Sentiment: Press coverage highlights the FlashSystem announcement and accompanying QRadar security updates as a combined storage + security story that supports IBM’s AI and hybrid‑cloud positioning. IBM AI FlashSystem And QRadar Updates (Yahoo)
- Positive Sentiment: IBM integrated Criminal IP threat intelligence into QRadar (SIEM/SOAR), which should improve detection/automation for security operations centers and could drive incremental security platform adoption. QRadar + Criminal IP Integration (Zacks)
- Neutral Sentiment: Macro/sector tailwinds: IBM appears on lists of cloud/AI names investors consider for digital‑transformation exposure, supporting demand thesis but not a near‑term catalyst by itself. Cloud Stock Buy List (Zacks)
- Neutral Sentiment: Analyst views are mixed: several recent “buy/outperform” calls and higher price targets sit alongside at least one notable sell rating; median price targets remain well above current levels, which creates a divergence between long‑term upside and short‑term uncertainty. Analyst Ratings & Price Targets (QuiverQuant)
- Negative Sentiment: Intraday selling pressure and large volume are driving the decline: QuiverQuant notes heavy trading and meaningful institutional rebalancing (e.g., JPMorgan trimming a large position in recent quarters), which can amplify downward moves even when product news is positive. Trading Activity & Institutional Moves (QuiverQuant)
- Negative Sentiment: Spinoff risk/overhang: Kyndryl (the former IBM services spin) is facing an accounting probe and executive turnover, and negative headlines there can spill over into investor sentiment on IBM and legacy services exposure. Kyndryl Accounting Probe (Fortune)
International Business Machines Price Performance
International Business Machines (NYSE:IBM – Get Free Report) last announced its quarterly earnings data on Wednesday, January 28th. The technology company reported $4.52 earnings per share for the quarter, topping analysts’ consensus estimates of $4.33 by $0.19. The company had revenue of $19.69 billion during the quarter, compared to analyst estimates of $19.23 billion. International Business Machines had a net margin of 15.69% and a return on equity of 38.15%. The firm’s revenue for the quarter was up 12.2% on a year-over-year basis. During the same period in the previous year, the business earned $3.92 EPS. Equities research analysts forecast that International Business Machines Corporation will post 10.78 EPS for the current fiscal year.
International Business Machines Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 10th will be given a dividend of $1.68 per share. The ex-dividend date of this dividend is Tuesday, February 10th. This represents a $6.72 dividend on an annualized basis and a dividend yield of 2.5%. International Business Machines’s payout ratio is presently 60.27%.
Wall Street Analysts Forecast Growth
Several equities research analysts recently issued reports on the company. Sanford C. Bernstein reiterated a “market perform” rating on shares of International Business Machines in a report on Wednesday, December 10th. Oppenheimer set a $380.00 target price on International Business Machines and gave the company an “outperform” rating in a research note on Thursday, January 29th. BMO Capital Markets reissued a “market perform” rating and set a $350.00 target price on shares of International Business Machines in a report on Thursday, January 29th. Jefferies Financial Group raised their price objective on shares of International Business Machines from $360.00 to $370.00 and gave the company a “buy” rating in a research report on Thursday, January 29th. Finally, Erste Group Bank upgraded International Business Machines from a “hold” rating to a “buy” rating in a research report on Friday, December 5th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, International Business Machines currently has a consensus rating of “Moderate Buy” and a consensus target price of $330.07.
Check Out Our Latest Analysis on IBM
Insider Buying and Selling
In other news, Director David N. Farr acquired 1,000 shares of International Business Machines stock in a transaction dated Friday, January 30th. The stock was purchased at an average cost of $304.00 per share, with a total value of $304,000.00. Following the completion of the purchase, the director directly owned 9,258 shares in the company, valued at approximately $2,814,432. This trade represents a 12.11% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.18% of the stock is currently owned by insiders.
International Business Machines Profile
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.
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