Hillsdale Investment Management Inc. Takes $894,000 Position in International Business Machines Corporation $IBM

Hillsdale Investment Management Inc. bought a new stake in International Business Machines Corporation (NYSE:IBM) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 3,170 shares of the technology company’s stock, valued at approximately $894,000.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Norges Bank acquired a new position in shares of International Business Machines during the 2nd quarter valued at about $2,011,122,000. Vanguard Group Inc. grew its holdings in International Business Machines by 2.1% in the second quarter. Vanguard Group Inc. now owns 95,051,475 shares of the technology company’s stock valued at $28,019,274,000 after purchasing an additional 1,913,708 shares during the period. Laurel Wealth Advisors LLC increased its position in International Business Machines by 27,928.2% during the second quarter. Laurel Wealth Advisors LLC now owns 1,903,116 shares of the technology company’s stock worth $561,001,000 after purchasing an additional 1,896,326 shares during the last quarter. Franklin Resources Inc. increased its position in International Business Machines by 45.8% during the second quarter. Franklin Resources Inc. now owns 1,313,241 shares of the technology company’s stock worth $387,118,000 after purchasing an additional 412,574 shares during the last quarter. Finally, Geode Capital Management LLC raised its stake in International Business Machines by 1.9% during the second quarter. Geode Capital Management LLC now owns 21,936,235 shares of the technology company’s stock worth $6,444,527,000 after purchasing an additional 400,131 shares during the period. 58.96% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other International Business Machines news, Director David N. Farr bought 1,000 shares of International Business Machines stock in a transaction dated Friday, January 30th. The stock was bought at an average cost of $304.00 per share, for a total transaction of $304,000.00. Following the purchase, the director owned 9,258 shares in the company, valued at $2,814,432. This represents a 12.11% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.18% of the stock is currently owned by insiders.

International Business Machines Stock Performance

International Business Machines stock opened at $222.64 on Tuesday. International Business Machines Corporation has a 12-month low of $214.50 and a 12-month high of $324.90. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.96 and a quick ratio of 0.92. The company has a market capitalization of $208.11 billion, a price-to-earnings ratio of 19.97, a price-to-earnings-growth ratio of 2.58 and a beta of 0.69. The firm’s fifty day moving average price is $292.35 and its 200 day moving average price is $284.26.

International Business Machines (NYSE:IBM) last announced its earnings results on Wednesday, January 28th. The technology company reported $4.52 earnings per share for the quarter, beating the consensus estimate of $4.33 by $0.19. International Business Machines had a return on equity of 38.15% and a net margin of 15.69%.The company had revenue of $19.69 billion during the quarter, compared to the consensus estimate of $19.23 billion. During the same period last year, the firm earned $3.92 earnings per share. The company’s revenue was up 12.2% on a year-over-year basis. On average, research analysts forecast that International Business Machines Corporation will post 10.78 EPS for the current fiscal year.

International Business Machines Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 10th will be issued a dividend of $1.68 per share. The ex-dividend date is Tuesday, February 10th. This represents a $6.72 annualized dividend and a yield of 3.0%. International Business Machines’s payout ratio is currently 60.27%.

Analysts Set New Price Targets

Several brokerages have recently issued reports on IBM. Sanford C. Bernstein reissued a “market perform” rating on shares of International Business Machines in a research note on Wednesday, December 10th. Morgan Stanley set a $304.00 target price on International Business Machines in a report on Thursday, January 29th. Argus set a $360.00 price target on International Business Machines in a research note on Friday, January 30th. Evercore raised their price objective on International Business Machines from $330.00 to $345.00 and gave the stock an “outperform” rating in a report on Thursday, January 29th. Finally, Wedbush boosted their target price on International Business Machines from $325.00 to $340.00 and gave the stock an “outperform” rating in a report on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, International Business Machines has an average rating of “Moderate Buy” and an average target price of $330.07.

Trending Headlines about International Business Machines

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

• Positive Sentiment: IBM is ramping U.S. entry-level hiring (plans to triple entry-level roles), which could support long-term talent and execution as it shifts more work to AI and cloud services. IBM Expands Entry-Level Hiring
• Positive Sentiment: Industry reports name IBM among leaders in healthcare financial analytics and other enterprise segments, highlighting ongoing addressable-market opportunities outside the COBOL/mainframe niche. Healthcare Financial Analytics Industry Report
• Positive Sentiment: Brokerage consensus remains skewed positive overall (consensus “Moderate Buy” in some summaries), meaning some analysts still see upside relative to current depressed prices. Consensus Recommendation
• Neutral Sentiment: Market context: the drop in IBM shares coincides with broader tech/software volatility and a rotation to defensive sectors — some commentators view deeper pullbacks as buying opportunities for select tech names. (Market commentary — no direct company action.)
• Neutral Sentiment: Analyst coverage and price targets remain mixed: several firms maintain buy/outperform views and high targets while at least one firm (UBS) is bearish, reflecting divergent views on IBM’s ability to defend legacy revenue vs. AI-driven growth. QuiverQuant Coverage
• Negative Sentiment: Anthropic’s Claude Code adding COBOL/legacy-code capabilities is the immediate catalyst: investors fear automation will reduce demand for costly, consultant-led COBOL modernization services that have supported IBM’s mainframe ecosystem. IBM’s stock heads for worst month in 34 years
• Negative Sentiment: News coverage reports a sharp intraday market cap loss and the steepest one-day decline in decades after Anthropic’s launch, amplifying panic selling and momentum pressure. Forbes: IBM Shares Plummet 13%
• Negative Sentiment: Mainstream outlets note the threat specifically to COBOL/mainframe work — a meaningful revenue niche for IBM — which increases near-term uncertainty about consulting and infrastructure services. CNBC: IBM is the latest AI casualty
• Negative Sentiment: Regional press highlights direct risk to IBM’s mainframe business from automated modernization tools, which could pressure services revenue and long-term margins if adoption is rapid. Financial Post: IBM shares plunge

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.