4,473 Shares in International Business Machines Corporation $IBM Purchased by First Bancorp Inc ME

First Bancorp Inc ME bought a new stake in International Business Machines Corporation (NYSE:IBM - Free Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 4,473 shares of the technology company's stock, valued at approximately $1,258,000.

Other institutional investors also recently made changes to their positions in the company. BlackRock Inc. acquired a new position in International Business Machines during the 2nd quarter valued at approximately $21,586,659,000. Bank of New York Mellon Corp acquired a new stake in International Business Machines in the second quarter worth $2,606,782,000. Norges Bank acquired a new stake in International Business Machines in the fourth quarter worth $2,446,429,000. Legal & General Group Plc bought a new stake in International Business Machines in the second quarter valued at $1,874,733,000. Finally, Capital World Investors boosted its holdings in shares of 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 valued at $6,523,720,000 after acquiring an additional 4,976,756 shares during the period. 58.96% of the stock is owned by institutional investors.

More International Business Machines News

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

• Positive Sentiment: IBM, Cleveland Clinic and Japan’s RIKEN advanced to the finals for the 2026 ACM Gordon Bell Prize after using quantum and classical computing to model a 12,635-atom protein. The achievement highlights IBM’s potential in quantum-centric supercomputing and life-sciences research. Cleveland Clinic, RIKEN and IBM Team Advance to Finals for 2026 ACM Gordon Bell Prize
• Positive Sentiment: An Evercore ISI analyst argued that IBM’s quantum-computing initiatives are effectively being valued at little or nothing in the current stock price, suggesting potential upside if the technology advances commercially. Is IBM’s selloff an opportunity? Here’s one case for the beaten-down stock.
• Neutral Sentiment: IBM shares were reported slightly higher ahead of the latest session, but the update offered no new fundamental catalyst. A separate comparison of IBM and Applied Digital focused on financial metrics rather than a specific IBM business development. IBM stock heads into the open after a 0.08 percent gain
• Negative Sentiment: The main pressure remains concern over a slowdown in IBM Z product activity. The resulting selloff prompted a securities-law investigation announcement, reinforcing investor worries about demand and execution in IBM’s core infrastructure business. IBM Shares Fall Following IBM Z Product Slowdown
• Negative Sentiment: Evercore warned that capital moving into anticipated AI initial public offerings could lead investors to sell existing holdings, placing IBM among stocks vulnerable to portfolio rotation. Evercore Warns AI IPOs Could Pressure IBM

Analysts Set New Price Targets

IBM has been the subject of several recent research reports. JPMorgan Chase & Co. lowered 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 report on Friday, July 17th. Piper Sandler raised shares of International Business Machines to an "overweight" rating in a research note on Tuesday, June 23rd. Sanford C. Bernstein restated a "market perform" rating on shares of International Business Machines in a research report on Thursday, July 16th. Wedbush set a $350.00 price target on International Business Machines in a report on Tuesday, June 2nd. Finally, Argus reduced their price objective on International Business Machines from $360.00 to $280.00 and set a "buy" rating for the company in a research report on Thursday, July 16th. Sixteen investment 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's stock. Based on data from MarketBeat, International Business Machines has a consensus rating of "Moderate Buy" and a consensus target price of $265.90.

International Business Machines Stock Down 1.2%

International Business Machines stock opened at $232.02 on Wednesday. International Business Machines Corporation has a 52 week low of $199.19 and a 52 week high of $332.46. The stock has a market cap of $218.59 billion, a price-to-earnings ratio of 20.59, a PEG ratio of 2.24 and a beta of 0.71. The company's 50-day moving average price is $239.81 and its two-hundred day moving average price is $246.65. The company has a current ratio of 0.79, a quick ratio of 0.74 and a debt-to-equity ratio of 1.63.

International Business Machines (NYSE:IBM - Get Free Report) last posted its quarterly earnings data on Wednesday, July 22nd. The technology company reported $2.93 earnings per share (EPS) for the quarter, meeting the consensus estimate of $2.93. International Business Machines had a net margin of 15.52% and a return on equity of 35.65%. The business had revenue of $17.16 billion during the quarter, compared to analysts' expectations of $17.46 billion. During the same period last year, the firm posted $2.80 earnings per share. The business's revenue was up 1.1% on a year-over-year basis. On average, analysts expect that International Business Machines Corporation will post 12.33 EPS 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. Stockholders of record on Monday, August 10th will be issued a $1.69 dividend. The ex-dividend date is 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 59.98%.

Insiders Place Their Bets

In related news, SVP Robert Thomas sold 25,000 shares of International Business Machines stock in a transaction dated 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 $11,009,296. The trade was a 34.34% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.27% of the stock is owned by corporate insiders.

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.

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