International Business Machines Corporation $IBM Shares Sold by NewEdge Advisors LLC

NewEdge Advisors LLC decreased its position in International Business Machines Corporation (NYSE:IBM) by 48.3% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 196,169 shares of the technology company’s stock after selling 183,086 shares during the quarter. NewEdge Advisors LLC’s holdings in International Business Machines were worth $47,549,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in IBM. Vanguard Group Inc. increased its stake in International Business Machines by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 97,216,131 shares of the technology company’s stock valued at $28,796,390,000 after purchasing an additional 1,439,824 shares during the last quarter. State Street Corp lifted its position in shares of International Business Machines by 1.0% in the 4th quarter. State Street Corp now owns 54,996,293 shares of the technology company’s stock worth $16,290,452,000 after buying an additional 518,321 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of International Business Machines by 1.5% in 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 buying an additional 336,069 shares during the period. Capital World Investors grew its position in shares of International Business Machines by 29.2% during the 4th quarter. Capital World Investors now owns 22,021,912 shares of the technology company’s stock valued at $6,523,720,000 after buying an additional 4,976,756 shares during the last quarter. Finally, Bank of America Corp DE grew its position in shares of International Business Machines by 7.0% during the 1st quarter. Bank of America Corp DE now owns 16,063,653 shares of the technology company’s stock valued at $3,893,669,000 after buying an additional 1,049,602 shares during the last quarter. 58.96% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on IBM shares. Susquehanna cut their target price on shares of International Business Machines from $303.00 to $225.00 and set a “neutral” rating on the stock in a report on Friday, July 24th. Piper Sandler raised International Business Machines to an “overweight” rating in a report on Tuesday, June 23rd. Wedbush set a $350.00 price target on International Business Machines in a research report on Tuesday, June 2nd. DZ Bank raised International Business Machines from a “hold” rating to a “buy” rating and set a $295.00 price target on the stock in a report on Friday, April 24th. Finally, Oppenheimer lowered International Business Machines from an “outperform” rating to a “market perform” rating in a research report on Wednesday, July 15th. Fifteen research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $265.40.

More International Business Machines News

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

• Positive Sentiment: IBM’s Maximo Application Suite as a Service received FedRAMP Moderate authorization, allowing U.S. federal agencies to use its cloud-based asset-management tools in regulated environments. The approval could expand IBM’s government software pipeline and reinforce its position in secure hybrid cloud services. IBM Maximo Application Suite Achieves FedRAMP Moderate Authorization
• Neutral Sentiment: IBM CEO Arvind Krishna said quantum computing could begin contributing meaningfully to revenue and profit by 2028 or 2029. The forecast supports IBM’s long-term technology narrative, but the benefits remain several years away and are unlikely to offset current mainframe concerns. IBM’s Arvind Krishna Predicts Quantum Computing Will Become a Meaningful Business by 2028
• Neutral Sentiment: IBM reportedly transferred nearly 1,000 blockchain patents to Circle, which may provide incremental monetization and demonstrate the value of IBM’s intellectual property portfolio. However, the transaction is not presented as a major near-term earnings catalyst. Circle’s IBM Patent Deal Could Redraw the Stablecoin Infrastructure Race
• Negative Sentiment: Hagens Berman and Bleichmar Fonti & Auld announced investigations into potential securities-law violations tied to alleged misrepresentations concerning the IBM Z product slowdown. The investigations follow the approximately 25% one-day decline reported after IBM’s July 14 preview of weak second-quarter results, adding legal and reputational overhang. The announcements are allegations, not findings of wrongdoing. IBM $68 Billion Wipeout Amid Z Shortfall Triggers Investigation
• Negative Sentiment: Kyndryl’s earnings commentary cited persistent IBM-related revenue declines, suggesting continued pressure in IBM’s legacy infrastructure and services ecosystem. This reinforces investor concerns that AI-led growth may not yet be fully compensating for weakness in traditional businesses. Kyndryl Earnings Call Highlights

International Business Machines Price Performance

Shares of NYSE:IBM opened at $233.52 on Friday. The stock has a market cap of $220.01 billion, a price-to-earnings ratio of 20.72, a PEG ratio of 2.31 and a beta of 0.70. The company has a debt-to-equity ratio of 1.63, a current ratio of 0.79 and a quick ratio of 0.74. International Business Machines Corporation has a 12 month low of $199.19 and a 12 month high of $332.46. The stock’s 50 day moving average price is $259.82 and its 200 day moving average price is $255.42.

International Business Machines (NYSE:IBM) last announced its earnings results on Wednesday, July 22nd. The technology company reported $2.93 earnings per share for the quarter, meeting the consensus estimate of $2.93. The business had revenue of $17.16 billion during the quarter, compared to analysts’ expectations of $17.46 billion. International Business Machines had a return on equity of 35.65% and a net margin of 15.52%.The company’s quarterly revenue was up 1.1% on a year-over-year basis. During the same quarter last year, the business posted $2.80 earnings per share. Equities research analysts anticipate that International Business Machines Corporation will post 12.34 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 Thursday, September 10th. Shareholders of record on Monday, August 10th will be given a dividend of $1.69 per share. This represents a $6.76 annualized dividend and a yield of 2.9%. The ex-dividend date is Monday, August 10th. International Business Machines’s payout ratio is presently 59.98%.

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.