International Business Machines Corporation $IBM Position Boosted by Bank of New York Mellon Corp

Bank of New York Mellon Corp boosted its holdings in International Business Machines Corporation (NYSE:IBM) by 1.7% during the 4th quarter, Holdings Channel reports. The fund owned 7,192,939 shares of the technology company’s stock after acquiring an additional 120,181 shares during the quarter. Bank of New York Mellon Corp’s holdings in International Business Machines were worth $2,130,620,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently added to or reduced their stakes in the company. Basepoint Wealth LLC acquired a new position in shares of International Business Machines during the fourth quarter valued at $25,000. Family CFO Inc acquired a new stake in International Business Machines in the fourth quarter worth about $25,000. Joseph Group Capital Management acquired a new stake in International Business Machines in the fourth quarter worth about $28,000. SWAN Capital LLC bought a new position in International Business Machines in the 3rd quarter valued at about $28,000. Finally, LFA Lugano Financial Advisors SA acquired a new position in International Business Machines during the 4th quarter valued at about $31,000. Institutional investors and hedge funds own 58.96% of the company’s stock.

International Business Machines Stock Up 2.9%

NYSE IBM opened at $329.72 on Wednesday. International Business Machines Corporation has a 12 month low of $212.34 and a 12 month high of $332.46. The company has a market capitalization of $309.90 billion, a P/E ratio of 29.15, a PEG ratio of 3.32 and a beta of 0.67. The company’s 50 day simple moving average is $241.55 and its 200 day simple moving average is $270.75. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.80 and a quick ratio of 0.76.

International Business Machines (NYSE:IBM) last issued its earnings results on Wednesday, April 22nd. The technology company reported $1.91 earnings per share for the quarter, topping analysts’ consensus estimates of $1.81 by $0.10. The firm had revenue of $15.92 billion during the quarter, compared to analysts’ expectations of $15.60 billion. International Business Machines had a net margin of 15.61% and a return on equity of 37.23%. The firm’s revenue for the quarter was up 9.5% compared to the same quarter last year. During the same period last year, the firm posted $1.60 earnings per share. Equities research analysts expect that International Business Machines Corporation will post 12.4 earnings per share for the current fiscal year.

International Business Machines Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Friday, May 8th will be given a $1.69 dividend. This represents a $6.76 annualized dividend and a dividend yield of 2.1%. This is an increase from International Business Machines’s previous quarterly dividend of $1.68. The ex-dividend date of this dividend is Friday, May 8th. International Business Machines’s payout ratio is 59.77%.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on IBM shares. HSBC raised shares of International Business Machines from a “reduce” rating to a “hold” rating and upped their price target for the stock from $218.00 to $231.00 in a research note on Tuesday, April 28th. Oppenheimer dropped their target price on International Business Machines from $380.00 to $320.00 and set an “outperform” rating on the stock in a report on Thursday, April 16th. Wedbush set a $350.00 target price on International Business Machines in a research report on Tuesday. BMO Capital Markets decreased their price target on International Business Machines from $290.00 to $270.00 and set a “market perform” rating for the company in a research note on Thursday, April 23rd. Finally, Citigroup reiterated a “buy” rating on shares of International Business Machines in a research report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $299.17.

International Business Machines News Summary

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

• Positive Sentiment: IBM’s $10 billion quantum-computing investment plan boosted investor enthusiasm by signaling a long-term push to lead in fault-tolerant quantum systems. IBM Commits More Than $10 Billion to Quantum Computing
• Positive Sentiment: Barclays initiated coverage with an Overweight rating and a $350 price target, while Wedbush also raised its target, suggesting Wall Street sees more upside despite the run-up. Wedbush lifts IBM price target as AI transformation fears give way to execution confidence
• Positive Sentiment: Coverage highlighting IBM as a top quantum-computing beneficiary in 2026 added to momentum, with investors viewing IBM as a potential leader in the sector. Why IBM Could Be One of the Biggest Quantum Computing Winners in 2026
• Neutral Sentiment: Recent articles also pointed to IBM’s stock being expensive after the rally, with some analysts flagging overvaluation risk as expectations rose quickly. IBM Stock Surges on Trump Video, $10B Quantum Bet: Analysts Flag Overvaluation Risk
• Neutral Sentiment: IBM also benefited from broader AI/software optimism after Nvidia-related commentary eased fears that AI would displace enterprise software vendors, supporting the stock’s move. Arm, IBM and Hewlett Packard soar as Nvidia chip ‘reinvention’ extends software rally

International Business Machines 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.