Texas Bank & Trust Co Trims Position in International Business Machines Corporation $IBM

Texas Bank & Trust Co trimmed its holdings in shares of International Business Machines Corporation (NYSE:IBM) by 22.7% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 5,775 shares of the technology company’s stock after selling 1,692 shares during the quarter. Texas Bank & Trust Co’s holdings in International Business Machines were worth $1,629,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in IBM. Strategic Blueprint LLC raised its holdings in shares of International Business Machines by 46.4% during the third quarter. Strategic Blueprint LLC now owns 12,970 shares of the technology company’s stock worth $3,660,000 after purchasing an additional 4,109 shares during the last quarter. SkyOak Wealth LLC boosted its holdings in International Business Machines by 59.3% in the third quarter. SkyOak Wealth LLC now owns 22,566 shares of the technology company’s stock valued at $6,367,000 after purchasing an additional 8,400 shares during the last quarter. Childress Capital Advisors LLC grew its position in International Business Machines by 37.5% during the 3rd quarter. Childress Capital Advisors LLC now owns 4,256 shares of the technology company’s stock worth $1,201,000 after purchasing an additional 1,161 shares during the period. Park Avenue Securities LLC raised its stake in shares of International Business Machines by 1.8% during the 3rd quarter. Park Avenue Securities LLC now owns 28,461 shares of the technology company’s stock valued at $8,031,000 after buying an additional 495 shares during the last quarter. Finally, RPG Investment Advisory LLC lifted its holdings in shares of International Business Machines by 1.6% in the 3rd quarter. RPG Investment Advisory LLC now owns 49,937 shares of the technology company’s stock valued at $14,090,000 after buying an additional 793 shares during the period. Institutional investors and hedge funds own 58.96% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on IBM. Stifel Nicolaus upped their target price on International Business Machines from $295.00 to $325.00 and gave the stock a “buy” rating in a research note on Tuesday, December 9th. Sanford C. Bernstein reissued a “market perform” rating on shares of International Business Machines in a report on Wednesday, December 10th. Oppenheimer began coverage on shares of International Business Machines in a research note on Friday, November 21st. They set an “outperform” rating and a $360.00 price objective on the stock. Bank of America boosted their target price on shares of International Business Machines from $310.00 to $315.00 and gave the company a “buy” rating in a research note on Thursday, October 23rd. Finally, BMO Capital Markets increased their price target on shares of International Business Machines from $300.00 to $305.00 and gave the stock a “market perform” rating in a report on Thursday, October 23rd. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $301.85.

Trending Headlines about International Business Machines

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

• Positive Sentiment: Jefferies upgraded IBM to Buy, citing expected software acceleration from Red Hat momentum and hybrid-cloud deals — a direct analyst catalyst that can support upside. IBM Earns Buy Rating
• Positive Sentiment: IBM renewed its long-term technology partnership with The All England Lawn Tennis Club (Wimbledon), reinforcing recurring commercial relationships and marketing/brand reach for IBM’s AI and cloud services. IBM Announces Long-Term Renewal
• Positive Sentiment: Partner news: Dfns (an IBM partner) integrated Concordium to offer identity-verified Web3 wallets, highlighting IBM’s ecosystem exposure to regulated enterprise blockchain and compliance-ready Web3 solutions. IBM’s crypto partner Dfns integrates Concordium
• Positive Sentiment: IBM’s AI and quantum progress remain a thematic tailwind — coverage highlights the company’s 2025 gains and its positioning among top quantum computing plays, supporting a longer-term growth story. Why IBM Stock Gained 35% in 2025
• Neutral Sentiment: Analysts expect IBM’s upcoming fiscal Q4 to show low double‑digit EPS growth — that outlook reduces downside surprise risk but raises the stakes for execution against expectations. Here’s What to Expect From IBM’s Next Earnings Report
• Neutral Sentiment: IBM published thought leadership (IBM‑NRF study) on AI shaping retail decisions — useful for positioning but less likely to move the stock immediately. IBM-NRF Study
• Negative Sentiment: Valuation and momentum take‑back: coverage noting that recent share‑price momentum cooled and valuation is elevated (PE ~35) likely prompted profit‑taking and short‑term selling pressure. A Look At IBM Valuation After Recent Share Price Momentum Cools
• Negative Sentiment: Near-term uncertainty ahead of the earnings release and lower intraday volume amplify downside risk if results or guidance miss expectations. (Related market reaction covered in analyst/commentary pieces.) IBM Attracting Investor Attention

International Business Machines Trading Down 1.9%

Shares of IBM stock opened at $296.84 on Thursday. International Business Machines Corporation has a 1-year low of $214.50 and a 1-year high of $324.90. The company has a market cap of $277.46 billion, a price-to-earnings ratio of 35.51, a PEG ratio of 2.80 and a beta of 0.70. The company has a debt-to-equity ratio of 1.97, a current ratio of 0.93 and a quick ratio of 0.89. The stock has a 50 day simple moving average of $303.75 and a 200-day simple moving average of $281.80.

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

International Business Machines Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Monday, November 10th were issued a $1.68 dividend. This represents a $6.72 annualized dividend and a yield of 2.3%. The ex-dividend date was Monday, November 10th. International Business Machines’s payout ratio is presently 80.38%.

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.