Udine Wealth Management Inc. Purchases New Position in International Business Machines Corporation $IBM

Udine Wealth Management Inc. acquired a new position in shares of International Business Machines Corporation (NYSE:IBM) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 11,303 shares of the technology company’s stock, valued at approximately $3,179,000. International Business Machines makes up approximately 1.3% of Udine Wealth Management Inc.’s investment portfolio, making the stock its 20th biggest holding.

A number of other hedge funds have also recently added to or reduced their stakes in IBM. Exencial Wealth Advisors LLC lifted its stake in shares of International Business Machines by 0.4% in the 4th quarter. Exencial Wealth Advisors LLC now owns 7,874 shares of the technology company’s stock valued at $2,332,000 after acquiring an additional 34 shares during the last quarter. Orca Wealth Management LLC increased its holdings in International Business Machines by 3.7% in the 4th quarter. Orca Wealth Management LLC now owns 975 shares of the technology company’s stock worth $285,000 after purchasing an additional 35 shares in the last quarter. Friday Financial raised its position in International Business Machines by 1.9% in the second quarter. Friday Financial now owns 1,903 shares of the technology company’s stock valued at $583,000 after purchasing an additional 35 shares during the last quarter. First Command Advisory Services Inc. raised its position in International Business Machines by 1.1% in the fourth quarter. First Command Advisory Services Inc. now owns 3,459 shares of the technology company’s stock valued at $1,025,000 after purchasing an additional 36 shares during the last quarter. Finally, Washington Trust Bank boosted its stake in shares of International Business Machines by 2.2% during the fourth quarter. Washington Trust Bank now owns 1,712 shares of the technology company’s stock valued at $507,000 after purchasing an additional 37 shares in the last quarter. Institutional investors and hedge funds own 58.96% of the company’s stock.

International Business Machines News Roundup

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

• Positive Sentiment: IBM announced a next-generation dual-architecture processor for future IBM Z and LinuxONE systems. The chip is designed to support both IBM and Arm platforms, potentially broadening software compatibility, expanding enterprise customer choice and strengthening IBM’s mainframe franchise. IBM Unveils Next Generation Dual-Architecture Processor for IBM Z and LinuxONE
• Positive Sentiment: The processor uses advanced technology, including Arm integration and a reported 2-nanometer design with performance reaching 5.7 GHz. Investors may view the development as evidence of continued innovation and a potential long-term growth catalyst. IBM Unveils Next Generation Dual-Architecture Processor for IBM Z and LinuxONE
• Positive Sentiment: IBM and the USTA introduced AI-powered features for the 2026 US Open, including personalized live updates, serve analysis, match insights and conversational tools. The initiative showcases IBM’s watsonx and AI capabilities to a large global audience and may support commercial AI credibility. IBM and the USTA Introduce New AI-Powered Fan Experiences for 2026 US Open
• Positive Sentiment: A report highlighted a new IBM quantum-computing milestone, reinforcing the company’s longer-term technology narrative, although the immediate revenue impact remains uncertain. IBM Just Hit a New Quantum Computing Milestone

Wall Street Analysts Forecast Growth

IBM has been the subject of several recent research reports. Wall Street Zen downgraded International Business Machines from a “hold” rating to a “sell” rating in a research note on Saturday, July 18th. Weiss Ratings lowered shares of International Business Machines from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, June 24th. Robert W. Baird began coverage on shares of International Business Machines in a research report on Tuesday, July 21st. They issued a “neutral” rating and a $230.00 price target for the company. JPMorgan Chase & Co. dropped their price target on shares of International Business Machines from $291.00 to $250.00 and set an “overweight” rating for the company in a research note on Friday, July 17th. Finally, Roth Capital reissued a “buy” rating on shares of International Business Machines in a research note on Wednesday, June 3rd. Sixteen equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, International Business Machines has an average rating of “Moderate Buy” and a consensus price target of $265.40.

International Business Machines Price Performance

Shares of NYSE IBM opened at $231.06 on Tuesday. The company has a market capitalization of $217.69 billion, a PE ratio of 20.50, a P/E/G ratio of 2.31 and a beta of 0.70. The company has a quick ratio of 0.74, a current ratio of 0.79 and a debt-to-equity ratio of 1.63. International Business Machines Corporation has a twelve month low of $199.19 and a twelve month high of $332.46. The firm has a fifty day simple moving average of $246.44 and a 200 day simple moving average of $249.98.

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

International Business Machines Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Monday, August 10th will be issued a $1.69 dividend. This represents a $6.76 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date is Monday, August 10th. International Business Machines’s payout ratio is presently 59.98%.

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.