New York State Common Retirement Fund Has $325.40 Million Stock Position in International Business Machines Corporation $IBM

New York State Common Retirement Fund decreased its holdings in shares of International Business Machines Corporation (NYSE:IBM) by 4.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,153,231 shares of the technology company’s stock after selling 53,000 shares during the period. New York State Common Retirement Fund’s holdings in International Business Machines were worth $325,396,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. CFS Investment Advisory Services LLC boosted its position in shares of International Business Machines by 0.4% during the third quarter. CFS Investment Advisory Services LLC now owns 9,359 shares of the technology company’s stock valued at $2,878,000 after buying an additional 34 shares during the last quarter. KPP Advisory Services LLC grew its holdings in International Business Machines by 1.7% during the 3rd quarter. KPP Advisory Services LLC now owns 2,069 shares of the technology company’s stock valued at $584,000 after buying an additional 34 shares in the last quarter. Whelan Financial boosted its position in shares of International Business Machines by 2.4% in the second quarter. Whelan Financial now owns 1,525 shares of the technology company’s stock valued at $450,000 after acquiring an additional 36 shares during the period. Ignite Planners LLC boosted its stake in International Business Machines by 0.9% during the second quarter. Ignite Planners LLC now owns 3,964 shares of the technology company’s stock valued at $1,133,000 after buying an additional 36 shares during the period. Finally, Vishria Bird Financial Group LLC grew its position in International Business Machines by 3.0% during the third quarter. Vishria Bird Financial Group LLC now owns 1,230 shares of the technology company’s stock worth $347,000 after buying an additional 36 shares in the last quarter. 58.96% of the stock is owned by institutional investors.

International Business Machines Trading Up 0.2%

International Business Machines stock opened at $294.47 on Thursday. International Business Machines Corporation has a 12 month low of $214.50 and a 12 month high of $324.90. The company has a market capitalization of $275.25 billion, a price-to-earnings ratio of 35.22, a price-to-earnings-growth ratio of 2.85 and a beta of 0.70. The business’s fifty day simple moving average is $302.31 and its two-hundred day simple moving average is $282.81. The company has a current ratio of 0.93, a quick ratio of 0.89 and a debt-to-equity ratio of 1.97.

International Business Machines (NYSE:IBM) last posted its quarterly earnings results on Wednesday, January 28th. The technology company reported $4.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.33 by $0.19. International Business Machines had a return on equity of 37.76% and a net margin of 12.09%.The firm had revenue of $19.69 billion during the quarter, compared to analyst estimates of $19.23 billion. During the same quarter in the previous year, the firm earned $3.92 EPS. International Business Machines’s quarterly revenue was up 12.2% compared to the same quarter last year. As a group, equities analysts predict that International Business Machines Corporation will post 10.78 earnings per share for the current fiscal year.

International Business Machines Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 10th will be paid a $1.68 dividend. 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 2.3%. International Business Machines’s dividend payout ratio is 80.38%.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on IBM shares. Jefferies Financial Group reaffirmed a “buy” rating on shares of International Business Machines in a report on Thursday. Morgan Stanley decreased their price objective on International Business Machines from $256.00 to $252.00 and set an “equal weight” rating on the stock in a report on Thursday, October 23rd. Weiss Ratings restated a “buy (b)” rating on shares of International Business Machines in a research report on Thursday, January 22nd. Wall Street Zen downgraded International Business Machines from a “buy” rating to a “hold” rating in a research report on Sunday, January 11th. Finally, JPMorgan Chase & Co. raised their target price on shares of International Business Machines from $290.00 to $312.00 and gave the stock a “neutral” rating in a report on Wednesday, January 21st. One investment 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 stock. Based on data from MarketBeat.com, International Business Machines has a consensus rating of “Moderate Buy” and an average target price of $306.86.

Key Headlines Impacting International Business Machines

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

• Positive Sentiment: Q4 results beat expectations — EPS $4.52 vs. consensus $4.33 and revenue $19.69B (up 12% YoY). The company cited broad-based strength across software and infrastructure. IBM Q4 earnings (MarketBeat)
• Positive Sentiment: Management raised FY‑2026 outlook — IBM signaled revenue growth above 5% and higher free cash flow (about $1B improvement) with revenue guidance ~ $70.9B, which tops Street estimates. That lift to guidance is a primary driver of the rally. IBM forecasts 5% revenue growth in 2026 (CNBC)
• Positive Sentiment: AI and software momentum — IBM’s generative AI business topped $12.5B and software/infrastructure showed double‑digit growth, underpinning higher-margin revenue expansion. This supports longer‑term margin and cash‑flow improvement expectations. IBM generative AI business tops $12.5B (Proactive Investors)
• Positive Sentiment: Dividend declared — board approved a quarterly dividend of $1.68 per share (record Feb. 10; payable Mar. 10), yielding ~2.3%, which supports income-oriented investors and the defensive story.
• Positive Sentiment: Analyst tone mixed-to-favorable — some shops (RBC, others) highlight IBM as a defensive AI play and the consensus analyst rating is around “Moderate Buy,” giving additional support to the stock. RBC calls IBM a defensive AI play (InsiderMonkey) Consensus rating: Moderate Buy (AmericanBankingNews)
• Neutral Sentiment: Macro backdrop — broader market futures rose after the Fed paused cuts, which helped risk assets generally; IBM benefited as part of tech/AI names. Market futures gain after Fed pause (Benzinga)
• Neutral Sentiment: IP and AI education moves — IBM is expanding AI education and patents, which is strategically positive but longer‑dated in impact. IBM expands AI education and patents (Yahoo Finance)
• Negative Sentiment: Some sell‑side caution remains — Evercore ISI reiterated an Underperform ahead of earnings, signaling that not all analysts are convinced the rally fully justifies valuation. This could cap upside if growth disappoints later. Evercore reiterates Underperform (Yahoo Finance)

About International Business Machines

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.