Parsons Capital Management Inc. RI Has $29.47 Million Stock Position in International Business Machines Corporation $IBM

Parsons Capital Management Inc. RI decreased its holdings in International Business Machines Corporation (NYSE:IBM) by 3.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 99,500 shares of the technology company’s stock after selling 3,712 shares during the period. International Business Machines accounts for about 1.6% of Parsons Capital Management Inc. RI’s holdings, making the stock its 10th biggest position. Parsons Capital Management Inc. RI’s holdings in International Business Machines were worth $29,473,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of IBM. Mountain Hill Investment Partners Corp. bought a new position in International Business Machines in the 3rd quarter worth approximately $28,000. SWAN Capital LLC purchased a new stake in shares of International Business Machines during the third quarter worth $28,000. Trifecta Capital Advisors LLC lifted its position in shares of International Business Machines by 129.1% during the third quarter. Trifecta Capital Advisors LLC now owns 126 shares of the technology company’s stock worth $36,000 after acquiring an additional 71 shares in the last quarter. American Wealth Advisors LLC bought a new position in shares of International Business Machines in the third quarter worth $40,000. Finally, Davis Capital Management purchased a new position in shares of International Business Machines in the third quarter valued at $54,000. Institutional investors own 58.96% of the company’s stock.

Insider Activity at International Business Machines

In related news, Director Michael Miebach acquired 434 shares of the firm’s stock in a transaction that occurred on Wednesday, February 25th. The shares were bought at an average cost of $233.33 per share, for a total transaction of $101,265.22. Following the completion of the transaction, the director owned 434 shares in the company, valued at approximately $101,265.22. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director David N. Farr bought 1,000 shares of the stock in a transaction that occurred on Friday, January 30th. The stock was bought at an average cost of $304.00 per share, for a total transaction of $304,000.00. Following the completion of the purchase, the director directly owned 9,258 shares of the company’s stock, valued at $2,814,432. This represents a 12.11% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last 90 days, insiders purchased 1,484 shares of company stock worth $417,157. 0.27% of the stock is owned by company insiders.

More International Business Machines News

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

• Positive Sentiment: IBM inks advanced-voice partnership to boost watsonx Orchestrate capabilities, improving multilingual, secure agent experiences for enterprises — expands product functionality and go-to-market appeal. ElevenLabs & IBM PR
• Positive Sentiment: Expanded security collaboration with CrowdStrike to deliver AI-powered autonomous detection and response, addressing a high-value enterprise security market and reinforcing hybrid security product stack. IBM expands AI agents and security (Yahoo)
• Positive Sentiment: Quantum computing milestone: IBM’s quantum systems reproduced national-lab magnetic-material data, signaling faster progress toward useful scientific/commercial quantum applications — potential long-term differentiator. IBM Quantum PR
• Positive Sentiment: IBM pushes open-source AI infrastructure (llm-d contribution to CNCF), which can lower customer adoption friction and position IBM as an enterprise AI infrastructure leader. llm-d project (TipRanks)
• Neutral Sentiment: Workforce reshuffle: IBM is cutting some roles while planning to hire more, especially entry-level AI-augmented talent (tripling entry-level hires). This is positioned as redeployment to growth areas but brings short-term restructuring costs and execution risk. Workforce changes (MSN)
• Neutral Sentiment: CEO Arvind Krishna notes a friendlier regulatory climate for M&A, which could accelerate deal activity — a strategic positive but speculative until deals are announced and integrated. CEO M&A comments
• Negative Sentiment: Analyst modest EPS cut: Erste Group trimmed its FY2027 EPS forecast slightly and maintains a Hold — small revision but a reminder that consensus estimates could drift and analyst sentiment is mixed. Erste Group estimate cut (MarketBeat)

Wall Street Analyst Weigh In

A number of analysts recently issued reports on IBM shares. Stifel Nicolaus boosted their price objective on International Business Machines from $325.00 to $340.00 and gave the company a “buy” rating in a research note on Thursday, January 29th. Erste Group Bank downgraded International Business Machines from a “buy” rating to a “hold” rating in a research note on Wednesday, February 18th. DZ Bank upgraded International Business Machines to a “hold” rating in a research report on Wednesday, February 11th. Oppenheimer set a $380.00 price target on shares of International Business Machines and gave the stock an “outperform” rating in a report on Thursday, January 29th. Finally, Bank of America raised their price objective on shares of International Business Machines from $315.00 to $335.00 and gave the company a “buy” rating in a research report on Tuesday, January 13th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $314.60.

International Business Machines Trading Up 0.2%

Shares of IBM stock opened at $241.82 on Friday. The company has a market capitalization of $226.84 billion, a PE ratio of 21.69, a price-to-earnings-growth ratio of 2.42 and a beta of 0.73. International Business Machines Corporation has a 52-week low of $214.50 and a 52-week high of $324.90. The business’s fifty day moving average is $266.87 and its 200 day moving average is $284.44. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.92 and a current ratio of 0.96.

International Business Machines (NYSE:IBM) last posted its earnings results on Wednesday, January 28th. The technology company reported $4.52 EPS for the quarter, topping the consensus estimate of $4.33 by $0.19. The business had revenue of $19.69 billion during the quarter, compared to analysts’ expectations of $19.23 billion. International Business Machines had a return on equity of 38.15% and a net margin of 15.69%.The firm’s revenue was up 12.2% on a year-over-year basis. During the same period in the previous year, the business earned $3.92 earnings per share. On average, equities research analysts anticipate 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 was paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 10th were issued a dividend of $1.68 per share. The ex-dividend date of this dividend was Tuesday, February 10th. This represents a $6.72 annualized dividend and a dividend yield of 2.8%. International Business Machines’s payout ratio is presently 60.27%.

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.