NewEdge Wealth LLC Buys 9,499 Shares of International Business Machines Corporation $IBM

NewEdge Wealth LLC increased its stake in International Business Machines Corporation (NYSE:IBM) by 4.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 207,768 shares of the technology company’s stock after acquiring an additional 9,499 shares during the quarter. NewEdge Wealth LLC’s holdings in International Business Machines were worth $61,543,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Brandywine Oak Private Wealth LLC increased its position in International Business Machines by 1.0% during the 4th quarter. Brandywine Oak Private Wealth LLC now owns 5,144 shares of the technology company’s stock valued at $1,524,000 after purchasing an additional 50 shares during the period. Drucker Wealth 3.0 LLC lifted its position in shares of International Business Machines by 7.3% in the 4th quarter. Drucker Wealth 3.0 LLC now owns 3,060 shares of the technology company’s stock worth $907,000 after purchasing an additional 209 shares during the period. RB Capital Management LLC boosted its stake in shares of International Business Machines by 19.2% in the 4th quarter. RB Capital Management LLC now owns 1,292 shares of the technology company’s stock valued at $383,000 after purchasing an additional 208 shares during the last quarter. Legacy Wealth Managment LLC ID boosted its stake in shares of International Business Machines by 40.0% in the 4th quarter. Legacy Wealth Managment LLC ID now owns 203 shares of the technology company’s stock valued at $60,000 after purchasing an additional 58 shares during the last quarter. Finally, Crossmark Global Holdings Inc. increased its position in shares of International Business Machines by 6.5% during the fourth quarter. Crossmark Global Holdings Inc. now owns 133,027 shares of the technology company’s stock worth $39,404,000 after buying an additional 8,109 shares during the period. 58.96% of the stock is currently owned by institutional investors.

More International Business Machines News

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

• Positive Sentiment: IBM used its Think 2026 conference to highlight progress in artificial intelligence and quantum computing, including productivity gains from AI and signs that quantum advantage may be approaching sooner than expected. That reinforces the company’s long-term growth narrative. IBM touts AI productivity gains and quantum milestones at Think conference
• Positive Sentiment: A new report on IBM’s quantum push said the company demonstrated a major accuracy breakthrough, helping show that its quantum efforts are moving beyond theory and toward commercial relevance. IBM’s Quantum Push Gets Real with 210x Accuracy Breakthrough
• Positive Sentiment: IBM was also mentioned in broader commentary about the AI build-out and in sector coverage of AI infrastructure, which keeps the company in the conversation as investors look for “pick-and-shovel” beneficiaries of AI spending. 8 Stocks on Jim Cramer’s Mad Money Recap: IBM, Corning, and AI Rally Strength
• Neutral Sentiment: Several articles note that IBM is attracting investor and analyst attention, suggesting traders are reassessing the stock’s prospects, but these items do not add a clear new catalyst on their own. International Business Machines Corporation (IBM) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Analyst commentary remains cautiously optimistic, with Wall Street still viewing IBM as a potential long-term winner even though the stock has lagged the broader market over the past year. Are Wall Street Analysts Predicting International Business Machines Stock Will Climb or Sink?
• Negative Sentiment: Recent coverage also highlighted IBM’s sharp six-month decline and concerns that AI advances could threaten parts of its legacy business, which may be weighing on sentiment. IBM Plummets 27% in 6 Months: Should You Reassess the Stock?

Insider Transactions at International Business Machines

In other news, Director Michael Miebach acquired 434 shares of International Business Machines stock in a transaction on Wednesday, February 25th. The stock was purchased at an average price of $233.33 per share, with a total value of $101,265.22. Following the completion of the purchase, the director owned 434 shares of the company’s stock, valued at approximately $101,265.22. The trade was a ∞ increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.27% of the company’s stock.

International Business Machines Trading Down 0.8%

NYSE:IBM opened at $229.39 on Friday. International Business Machines Corporation has a 12 month low of $220.72 and a 12 month high of $324.90. The company has a current ratio of 0.80, a quick ratio of 0.76 and a debt-to-equity ratio of 1.75. The stock has a market capitalization of $215.60 billion, a price-to-earnings ratio of 20.28, a PEG ratio of 2.38 and a beta of 0.58. The firm has a fifty day simple moving average of $243.05 and a two-hundred day simple moving average of $277.83.

International Business Machines (NYSE:IBM) last announced its quarterly earnings data on Wednesday, April 22nd. The technology company reported $1.91 earnings per share for the quarter, beating the consensus estimate of $1.81 by $0.10. The firm had revenue of $15.92 billion for the quarter, compared to analyst estimates of $15.60 billion. International Business Machines had a net margin of 15.61% and a return on equity of 37.23%. The business’s quarterly revenue was up 9.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.60 earnings per share. Analysts expect that International Business Machines Corporation will post 12.4 EPS for the current fiscal year.

International Business Machines Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Friday, May 8th will be issued a $1.69 dividend. The ex-dividend date is Friday, May 8th. This is an increase from International Business Machines’s previous quarterly dividend of $1.68. This represents a $6.76 annualized dividend and a yield of 2.9%. International Business Machines’s dividend payout ratio is currently 59.42%.

Analyst Ratings Changes

Several research firms recently issued reports on IBM. Evercore boosted their target price on shares of International Business Machines from $330.00 to $345.00 and gave the company an “outperform” rating in a report on Thursday, January 29th. HSBC upgraded International Business Machines from a “reduce” rating to a “hold” rating and increased their price target for the stock from $218.00 to $231.00 in a report on Tuesday, April 28th. Bank of America boosted their price objective on International Business Machines from $315.00 to $335.00 and gave the company a “buy” rating in a research note on Tuesday, January 13th. JPMorgan Chase & Co. cut their target price on International Business Machines from $317.00 to $283.00 and set a “neutral” rating on the stock in a research report on Wednesday, March 18th. Finally, Weiss Ratings cut International Business Machines from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $294.41.

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.