International Business Machines Corporation $IBM Stake Raised by Conning Inc.

Conning Inc. increased its position in shares of International Business Machines Corporation (NYSE:IBM) by 41.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 172,914 shares of the technology company’s stock after buying an additional 50,494 shares during the quarter. International Business Machines accounts for 1.2% of Conning Inc.’s portfolio, making the stock its 25th biggest holding. Conning Inc.’s holdings in International Business Machines were worth $38,029,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IBM. BlackRock Inc. bought a new stake in shares of International Business Machines in the 2nd quarter worth approximately $21,586,659,000. State Street Corp lifted its position in International Business Machines by 2.7% in the second quarter. State Street Corp now owns 56,045,055 shares of the technology company’s stock worth $15,760,430,000 after purchasing an additional 1,450,562 shares during the period. Bank of America Corp DE lifted its position in International Business Machines by 7.0% in the first quarter. Bank of America Corp DE now owns 16,063,653 shares of the technology company’s stock worth $3,893,669,000 after purchasing an additional 1,049,602 shares during the period. Bank of New York Mellon Corp acquired a new stake in International Business Machines during the second quarter worth $2,606,782,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in International Business Machines by 0.7% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 7,621,512 shares of the technology company’s stock worth $2,143,245,000 after buying an additional 53,388 shares in the last quarter. 58.96% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several brokerages have issued reports on IBM. HSBC lowered their price target on shares of International Business Machines from $175.00 to $174.00 in a report on Friday, July 24th. Bank of America reduced their price objective on shares of International Business Machines from $330.00 to $280.00 and set a “buy” rating for the company in a report on Wednesday, July 15th. Yorkville Ives started coverage on shares of International Business Machines in a research report on Monday, October 5th. They set an “outperform” rating and a $275.00 target price on the stock. Daiwa Securities Group lowered their target price on shares of International Business Machines from $247.00 to $217.00 and set a “neutral” rating on the stock in a research note on Wednesday, July 29th. Finally, Susquehanna increased their price target on shares of International Business Machines from $235.00 to $256.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 21st. Twenty analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, International Business Machines currently has an average rating of “Moderate Buy” and a consensus target price of $266.12.

Insider Activity at International Business Machines

In other news, SVP Robert Thomas sold 25,000 shares of the company’s stock in a transaction dated Wednesday, August 26th. The shares were sold at an average price of $230.32, for a total value of $5,758,000.00. Following the sale, the senior vice president owned 47,800 shares of the company’s stock, valued at approximately $11,009,296. This represents a 34.34% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.27% of the company’s stock.

International Business Machines Price Performance

Shares of IBM stock opened at $253.18 on Thursday. The stock’s fifty day simple moving average is $234.26 and its 200 day simple moving average is $250.43. The company has a debt-to-equity ratio of 1.57, a current ratio of 0.85 and a quick ratio of 0.80. The firm has a market cap of $239.29 billion, a price-to-earnings ratio of 21.58, a P/E/G ratio of 2.50 and a beta of 0.73. International Business Machines Corporation has a one year low of $199.19 and a one year high of $332.46.

International Business Machines (NYSE:IBM) last announced its quarterly earnings results on Wednesday, October 21st. The technology company reported $2.95 earnings per share for the quarter, beating analysts’ consensus estimates of $2.85 by $0.10. International Business Machines had a return on equity of 34.37% and a net margin of 15.99%. The firm had revenue of $17.10 billion for the quarter, compared to analysts’ expectations of $16.82 billion. During the same period in the prior year, the business posted $2.65 earnings per share. The business’s revenue was up 4.7% compared to the same quarter last year. On average, analysts expect that International Business Machines Corporation will post 12.41 earnings per share for the current fiscal year.

International Business Machines Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Tuesday, November 10th will be paid a $1.69 dividend. This represents a $6.76 annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Tuesday, November 10th. International Business Machines’s payout ratio is currently 57.63%.

Trending Headlines about International Business Machines

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

• Positive Sentiment: Quantum-computing milestone: IBM reported a breakthrough in which researchers connected quantum processors while achieving 99% accuracy. The development strengthens IBM’s long-term technology narrative, although the commercial impact is likely to take time. IBM Achieves 99% Accuracy in Major Quantum Computing Breakthrough
• Positive Sentiment: AI-agent controls support enterprise strategy: IBM introduced tools for agent discovery, verified identities, access controls and performance monitoring. These capabilities could help enterprises deploy AI agents more securely and expand demand for IBM’s software, cloud and consulting offerings. IBM Introduces Identity and Control for AI Agents
• Positive Sentiment: Five-year U.S. Open renewal: IBM will remain the official AI and cloud partner of the U.S. Open through 2031. Record engagement of more than 270 million interactions across tournament digital platforms provides evidence of customer adoption and brand visibility, though the direct financial contribution is not disclosed. USTA and IBM Announce Five-Year Renewal
• Positive Sentiment: Cash-flow outlook: Commentary highlighting IBM’s expectation for free cash flow to increase by more than $1 billion in 2026 supports the investment case for dividends, debt reduction and shareholder returns. A $1 Billion Reason to Consider Buying the IBM Stock Dip
• Neutral Sentiment: Mixed comparative outlook: Analysts comparing IBM with Qualcomm see both companies expanding in AI, but differing growth rates, competitive pressures and valuations make the relative upside uncertain. IBM’s appeal is centered on enterprise relationships and recurring software and cloud revenue rather than rapid growth. IBM vs. Qualcomm: Which AI Tech Giant Has More Upside Now?
• Neutral Sentiment: Analyst stance remains cautious: Susquehanna maintained a Hold rating, suggesting the recent AI and quantum announcements have not yet changed the broader risk-reward assessment.
• Negative Sentiment: Technical weakness: A report that IBM shares fell below their 200-day moving average signals deteriorating momentum and may encourage short-term selling, even as longer-term investors focus on cash flow and AI growth. IBM Shares Break Below Two Hundred Day Moving Average

International Business Machines Profile

International Business Machines Corporation (NYSE:IBM), commonly known as IBM, is a global technology and consulting company that helps organizations modernize their information technology and business operations. Its offerings include hybrid cloud solutions, artificial intelligence software and services, enterprise software, IT infrastructure, cybersecurity, data analytics, and technology consulting.

IBM provides products and services to businesses, governments, and other institutions across industries and regions worldwide.