2,916 International Business Machines Corporation $IBM Shares Bought by CoreCap Advisors LLC

CoreCap Advisors LLC lifted its holdings in International Business Machines Corporation (NYSE:IBM) by 7.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 41,308 shares of the technology company’s stock after purchasing an additional 2,916 shares during the period. CoreCap Advisors LLC’s holdings in International Business Machines were worth $9,085,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in IBM. BlackRock Inc. acquired a new stake in shares of International Business Machines during the 2nd quarter valued at $21,586,659,000. State Street Corp grew its holdings 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 acquiring an additional 518,321 shares during the last quarter. Bank of America Corp DE acquired a new stake in shares of International Business Machines during the second quarter worth $4,214,868,000. Bank of New York Mellon Corp purchased a new stake in shares of International Business Machines during the second quarter valued at $2,606,782,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of International Business Machines by 7.4% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 7,265,750 shares of the technology company’s stock valued at $2,152,188,000 after purchasing an additional 503,298 shares during the period. 58.96% of the stock is currently owned by institutional investors.

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 shares were sold at an average price of $230.32, for a total transaction of $5,758,000.00. Following the transaction, the senior vice president owned 47,800 shares in the company, valued at approximately $11,009,296. This trade represents a 34.34% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.27% of the stock is currently owned by company insiders.

Key Headlines Impacting International Business Machines

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

• Positive Sentiment: DARPA advances IBM’s quantum program. IBM was selected for Stage C—the final phase—of the Defense Advanced Research Projects Agency’s Quantum Benchmarking Initiative. Independent experts will test IBM’s hardware and architecture as the company pursues a fault-tolerant quantum computer by 2029. The government validation strengthens IBM’s technical credibility and could improve the long-term value assigned to its quantum-computing business. IBM Advances to Stage C of DARPA Quantum Benchmarking Initiative
• Positive Sentiment: Valuation is becoming more attractive if AI and consulting recover. After the recent selloff, investors are reassessing IBM’s valuation based on potential improvement in consulting demand, hybrid cloud and AI-related services. A recovery in large enterprise projects could provide a catalyst, although the thesis depends on stronger execution in upcoming quarters. IBM’s Valuation is Getting Interesting as AI and Consulting Rebound
• Positive Sentiment: IBM and SAP launched an ERP modernization offering. IBM Ready for SAP Solutions combines IBM consulting with SAP cloud ERP technology for midsize and growing companies, potentially supporting consulting revenue and future AI adoption. IBM Teams Up with SAP to Help Businesses Modernize Operations and Advance AI-readiness
• Neutral Sentiment: Third-quarter earnings are scheduled for October 21. The report will be an important test of whether delayed deals returned to the pipeline and whether AI, software and consulting growth are improving. IBM to Announce Third-Quarter 2026 Financial Results
• Negative Sentiment: Recent operating concerns remain unresolved. IBM previously said numerous large deals failed to close on time, contributing to a quarterly revenue shortfall. Analysts warn that a prolonged slowdown could pressure earnings and investor confidence. In addition, 11:11 Systems acquired select IBM VMware Cloud Service Provider enterprise customers, suggesting possible customer or business-volume leakage in a competitive infrastructure market. What Happens To IBM Stock If Its Slowdown Lasts?

International Business Machines Stock Up 2.8%

IBM traded up $6.19 during trading on Thursday, reaching $226.70. 8,919,581 shares of the stock traded hands, compared to its average volume of 7,559,936. The stock’s 50-day simple moving average is $232.14 and its two-hundred day simple moving average is $244.23. 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 fifty-two week low of $199.19 and a fifty-two week high of $332.46. The stock has a market cap of $213.58 billion, a price-to-earnings ratio of 20.12, a price-to-earnings-growth ratio of 2.11 and a beta of 0.73.

International Business Machines (NYSE:IBM) last issued its earnings results on Wednesday, July 22nd. The technology company reported $2.93 earnings per share for the quarter, hitting the consensus estimate of $2.93. The company had revenue of $17.16 billion for the quarter, compared to analyst estimates 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 in the prior year, the firm posted $2.80 EPS. As a group, equities research analysts expect that International Business Machines Corporation will post 12.33 EPS for the current year.

International Business Machines Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 10th. Shareholders of record on Monday, August 10th were given a $1.69 dividend. This represents a $6.76 annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend was Monday, August 10th. International Business Machines’s payout ratio is currently 59.98%.

Wall Street Analysts Forecast Growth

IBM has been the subject of a number of analyst reports. Piper Sandler raised shares of International Business Machines to an “overweight” rating in a research note on Tuesday, June 23rd. Barclays reduced their price target on shares of International Business Machines from $288.00 to $262.00 and set an “overweight” rating for the company in a research report on Thursday, July 23rd. Bank of America decreased their price objective on shares of International Business Machines from $330.00 to $280.00 and set a “buy” rating for the company in a research note on Wednesday, July 15th. HSBC lowered their price objective on shares of International Business Machines from $175.00 to $174.00 in a research report on Friday, July 24th. Finally, Susquehanna increased their target price on International Business Machines from $225.00 to $235.00 and gave the company a “neutral” rating in a report on Monday, August 31st. Eighteen analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $253.52.

International Business Machines Profile

International Business Machines Corporation (NYSE:IBM), commonly known as IBM, is a global technology company that provides hybrid cloud, artificial intelligence, software, consulting and infrastructure solutions. Its offerings help businesses and government organizations manage data, modernize applications, automate processes and improve cybersecurity.

IBM’s portfolio includes the Red Hat hybrid cloud platform, the watsonx suite of artificial intelligence and data tools, consulting services, and enterprise software for areas such as automation, application management, security and asset management.