Mackenzie Financial Corp Sells 281,648 Shares of International Business Machines Corporation $IBM

Mackenzie Financial Corp reduced its stake in shares of International Business Machines Corporation (NYSE:IBM) by 21.7% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 1,018,410 shares of the technology company’s stock after selling 281,648 shares during the quarter. Mackenzie Financial Corp’s holdings in International Business Machines were worth $287,355,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the stock. Mattson Financial Services LLC bought a new stake in shares of International Business Machines during the third quarter worth about $852,000. Vanguard Group Inc. lifted its position in International Business Machines by 2.1% in the 2nd quarter. Vanguard Group Inc. now owns 95,051,475 shares of the technology company’s stock valued at $28,019,274,000 after acquiring an additional 1,913,708 shares in the last quarter. Thames Capital Management LLC acquired a new position in International Business Machines during the 2nd quarter valued at about $2,710,000. Waverton Investment Management Ltd increased its holdings in International Business Machines by 3.3% during the 3rd quarter. Waverton Investment Management Ltd now owns 993,743 shares of the technology company’s stock worth $280,439,000 after purchasing an additional 32,072 shares in the last quarter. Finally, NEOS Investment Management LLC increased its holdings in International Business Machines by 51.7% during the 3rd quarter. NEOS Investment Management LLC now owns 114,395 shares of the technology company’s stock worth $32,278,000 after purchasing an additional 38,973 shares in the last quarter. 58.96% of the stock is owned by institutional investors.

Insider Transactions at International Business Machines

In other International Business Machines news, Director David N. Farr bought 1,000 shares of International Business Machines stock in a transaction that occurred on Friday, January 30th. The shares were bought at an average cost of $304.00 per share, with a total value of $304,000.00. Following the transaction, the director directly owned 9,258 shares of the company’s stock, valued at approximately $2,814,432. This represents a 12.11% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Michael Miebach acquired 434 shares of the business’s stock in a transaction dated Wednesday, February 25th. The shares were bought at an average price of $233.33 per share, for a total transaction of $101,265.22. Following the acquisition, the director owned 434 shares of the company’s stock, valued at approximately $101,265.22. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders bought a total of 1,484 shares of company stock worth $417,157 over the last 90 days. Company insiders own 0.18% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on IBM shares. Sanford C. Bernstein reaffirmed a “market perform” rating on shares of International Business Machines in a report on Wednesday, December 10th. Erste Group Bank cut shares of International Business Machines from a “buy” rating to a “hold” rating in a research note on Wednesday, February 18th. BMO Capital Markets reissued a “market perform” rating and issued a $350.00 price target on shares of International Business Machines in a research note on Thursday, January 29th. JPMorgan Chase & Co. boosted their target price on International Business Machines from $312.00 to $317.00 and gave the company a “neutral” rating in a research note on Thursday, January 29th. Finally, Evercore increased their price target on shares of International Business Machines from $330.00 to $345.00 and gave the stock an “outperform” rating in a research note on Thursday, January 29th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $320.87.

International Business Machines Trading Down 1.6%

IBM stock opened at $249.35 on Wednesday. International Business Machines Corporation has a 1-year low of $214.50 and a 1-year high of $324.90. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.96 and a quick ratio of 0.92. The business has a 50 day simple moving average of $279.64 and a two-hundred day simple moving average of $284.74. The company has a market capitalization of $233.89 billion, a price-to-earnings ratio of 22.36, a PEG ratio of 2.54 and a beta of 0.73.

International Business Machines (NYSE:IBM) last released its quarterly earnings results on Wednesday, January 28th. The technology company reported $4.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.33 by $0.19. The company had revenue of $19.69 billion for the quarter, compared to the consensus estimate of $19.23 billion. International Business Machines had a net margin of 15.69% and a return on equity of 38.15%. International Business Machines’s revenue was up 12.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $3.92 earnings per share. Research analysts anticipate that International Business Machines Corporation will post 10.78 EPS for the current fiscal year.

International Business Machines Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Tuesday, February 10th were given a dividend of $1.68 per share. The ex-dividend date of this dividend was Tuesday, February 10th. This represents a $6.72 dividend on an annualized basis and a yield of 2.7%. International Business Machines’s dividend payout ratio (DPR) is presently 60.27%.

International Business Machines News Roundup

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

• Positive Sentiment: IBM announced a strategic engagement with SEI to deploy agentic AI and automation to modernize workflows and client experience — a deal that can help drive recurring service revenue and cross‑sell IBM Cloud/Watson assets. IBM Partners With SEI on Agentic AI: Will it Boost Profits?
• Positive Sentiment: IBM and Lam Research began collaborating on sub‑1nm logic scaling (novel materials, processes, High‑NA EUV) — a long‑horizon, high‑value R&D push that supports IBM’s roadmap in advanced logic and could create IP/licensing or foundry partnerships. IBM and Lam Research Announce Collaboration to Advance Sub-1nm Logic Scaling
• Positive Sentiment: Snowflake research (with Hakkoda, an IBM company) highlights interoperability as foundational for scaling AI in healthcare — this validates demand for IBM’s data/integration services in regulated industries. Snowflake Research Reveals 85% of Healthcare Leaders View Interoperability as Foundational to Scaling AI
• Positive Sentiment: Market research cites IBM among leaders in the growing digital oilfield solutions market — points to additional industry vertical demand for IBM’s AI/IoT solutions. Digital Oilfield Solutions Industry Report 2026-2035
• Neutral Sentiment: Analyst and media attention on IBM has increased (Zacks, Kalkine) — higher coverage can amplify moves but does not itself change fundamentals. International Business Machines Corporation (IBM) is Attracting Investor Attention
• Neutral Sentiment: Broader industry disruption stories (e.g., Anthropic’s “Cowork” and other agentic AI tools) raise structural questions for legacy software vendors — impact on IBM depends on how quickly it monetizes agentic AI via enterprise contracts. SaaS-Pocalypse: Is Anthropic’s New Tool a Death Sentence for Legacy Software?
• Negative Sentiment: Morgan Stanley cut its price target to $247 (from $304), citing AI disruption risks — the note likely pressured sentiment by signaling downside to consensus expectations. Morgan Stanley Lowers PT on IBM
• Negative Sentiment: IBM’s X‑Force Threat Intelligence Index warned of rising cyber threats; coverage framed the report as a market negative and contributed to near‑term selling pressure despite the company being the one raising the alarm. IBM Stock Plummets as Tech Giant Releases Bombshell Cybersecurity Report

International Business Machines Company 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.