International Business Machines Corporation $IBM Shares Acquired by State Street Corp

State Street Corp increased its position in International Business Machines Corporation (NYSE:IBM) by 2.7% in the second quarter, Holdings Channel reports. The firm owned 56,045,055 shares of the technology company’s stock after purchasing an additional 1,450,562 shares during the quarter. State Street Corp owned 0.06% of International Business Machines worth $15,760,430,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. BlackRock Inc. acquired a new position in shares of International Business Machines in the 2nd quarter worth approximately $21,586,659,000. Geode Capital Management LLC raised its position in shares of International Business Machines by 1.5% during the 4th quarter. Geode Capital Management LLC now owns 22,605,083 shares of the technology company’s stock valued at $6,679,105,000 after acquiring an additional 336,069 shares in the last quarter. Capital World Investors lifted its stake in International Business Machines by 29.2% during the fourth quarter. Capital World Investors now owns 22,021,912 shares of the technology company’s stock worth $6,523,720,000 after purchasing an additional 4,976,756 shares during the last quarter. Bank of America Corp DE lifted its stake in International Business Machines by 7.0% during 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 last quarter. Finally, Bank of New York Mellon Corp acquired a new position in International Business Machines in the second quarter worth $2,606,782,000. Institutional investors and hedge funds own 58.96% of the company’s stock.

Insider Activity at International Business Machines

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

Wall Street Analyst Weigh In

Several research firms have weighed in on IBM. Jefferies Financial Group lowered their target price on shares of International Business Machines from $320.00 to $260.00 and set a “buy” rating for the company in a research note on Tuesday, July 21st. Citigroup decreased their price target on shares of International Business Machines from $255.00 to $245.00 and set a “buy” rating for the company in a report on Friday, July 24th. Weiss Ratings raised shares of International Business Machines from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, September 11th. Oppenheimer lowered shares of International Business Machines from an “outperform” rating to a “market perform” rating in a research note on Wednesday, July 15th. Finally, BMO Capital Markets cut their target price on shares of International Business Machines from $270.00 to $230.00 and set a “market perform” rating on the stock in a report on Thursday, July 23rd. Seventeen analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $265.16.

Key International Business Machines News

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

• Positive Sentiment: IBM and Marist University launched an Innovation Incubator using the IBM z17 mainframe to support AI research, student training and career readiness. The initiative expands a 50-year relationship and could strengthen IBM’s long-term pipeline of z17, hybrid-cloud and AI users, although it is unlikely to materially affect near-term revenue. Marist University and IBM Launch Innovation Incubator
• Positive Sentiment: IBM’s integration of Arm technology into its enterprise mainframes highlights the company’s effort to support changing AI and data-center workloads. Greater processor flexibility could improve IBM’s competitiveness as agentic AI expands, though the report provides no direct financial guidance. IBM Mainframe Arm Integration
• Neutral Sentiment: IBM’s workforce study found a significant gap between the AI oversight skills employers want and the skills employees prioritize. The findings reinforce demand for IBM’s consulting, training and governance services, but the study itself does not represent a new contract or revenue forecast. IBM CHRO Study
• Negative Sentiment: IBM’s roughly $2 billion investment to build a quantum-manufacturing platform is weighing on sentiment because external demand for quantum wafers remains uncertain. Federal matching capital should reduce IBM’s burden, but investors may remain concerned about elevated spending and the timing of commercial returns. IBM Quantum Manufacturing Platform
• Negative Sentiment: Commentary linking IBM CEO Arvind Krishna to concerns about quantum-computing threats to Bitcoin adds reputational noise, but has little direct implication for IBM’s operating results. Bitcoin and Quantum Computing Commentary

International Business Machines Stock Performance

Shares of IBM traded down $1.12 during mid-day trading on Tuesday, reaching $230.81. 1,817,669 shares of the company’s stock traded hands, compared to its average volume of 7,677,835. The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.74 and a current ratio of 0.79. The business’s 50-day moving average price is $229.96 and its 200-day moving average price is $246.54. The stock has a market capitalization of $217.45 billion, a P/E ratio of 20.48, a price-to-earnings-growth ratio of 2.19 and a beta of 0.71. International Business Machines Corporation has a 12 month low of $199.19 and a 12 month high of $332.46.

International Business Machines (NYSE:IBM) last issued its quarterly earnings data on Wednesday, July 22nd. The technology company reported $2.93 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $2.93. International Business Machines had a return on equity of 35.65% and a net margin of 15.52%.The business had revenue of $17.16 billion during the quarter, compared to analyst estimates of $17.46 billion. During the same period in the prior year, the company posted $2.80 EPS. The business’s revenue for the quarter was up 1.1% compared to the same quarter last year. Equities analysts predict that International Business Machines Corporation will post 12.33 earnings per share for the current year.

International Business Machines Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Monday, August 10th were paid a $1.69 dividend. The ex-dividend date of this dividend was Monday, August 10th. This represents a $6.76 annualized dividend and a dividend yield of 2.9%. International Business Machines’s dividend payout ratio is presently 59.98%.

International Business Machines Company Profile

International Business Machines Corporation (IBM) is a global technology and consulting company that provides enterprise-focused hardware, software and services. Its offerings include hybrid cloud solutions, artificial intelligence, data and automation software, cybersecurity tools, IT infrastructure and technology consulting.

IBM develops and supports enterprise systems such as IBM Z mainframes, Power servers and storage products. Its software portfolio includes Red Hat hybrid cloud technologies, the watsonx platform for artificial intelligence and data management, application integration tools and cybersecurity solutions.