8,387 Shares in International Business Machines Corporation $IBM Purchased by Fideuram Intesa Sanpaolo Private Banking S.P.A.

Key Points

• Fideuram Intesa Sanpaolo Private Banking opened a new position in IBM during the fourth quarter, buying 8,387 shares valued at about $2.48 million.
• IBM continues to attract institutional interest: several funds increased their holdings, and 58.96% of the stock is now owned by institutional investors and hedge funds.
• IBM reported stronger-than-expected quarterly results, with EPS of $1.91 and revenue of $15.92 billion, and it also raised its quarterly dividend to $1.69 per share.

Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new position in International Business Machines Corporation (NYSE:IBM - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 8,387 shares of the technology company's stock, valued at approximately $2,484,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. VIRGINIA RETIREMENT SYSTEMS ET Al grew its position in shares of International Business Machines by 424.6% during the 4th quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 260,740 shares of the technology company's stock worth $77,234,000 after buying an additional 211,040 shares during the period. GLOBALT Investments LLC GA grew its position in shares of International Business Machines by 19.1% in the 4th quarter. GLOBALT Investments LLC GA now owns 18,288 shares of the technology company's stock valued at $5,417,000 after purchasing an additional 2,930 shares during the period. Waverton Investment Management Ltd grew its position in shares of International Business Machines by 3.3% in the 3rd quarter. Waverton Investment Management Ltd now owns 993,743 shares of the technology company's stock valued at $280,439,000 after purchasing an additional 32,072 shares during the period. Newbridge Financial Services Group Inc. grew its position in shares of International Business Machines by 30.0% in the 4th quarter. Newbridge Financial Services Group Inc. now owns 13,122 shares of the technology company's stock valued at $3,887,000 after purchasing an additional 3,029 shares during the period. Finally, NEOS Investment Management LLC grew its position in shares of International Business Machines by 51.7% in the 3rd quarter. NEOS Investment Management LLC now owns 114,395 shares of the technology company's stock valued at $32,278,000 after purchasing an additional 38,973 shares during the period. 58.96% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Michael Miebach acquired 434 shares of the company's stock in a transaction dated Wednesday, February 25th. The shares were bought at an average price of $233.33 per share, for a total transaction of $101,265.22. Following the purchase, the director directly owned 434 shares in the company, valued at approximately $101,265.22. This trade represents a ∞ increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.27% of the company's stock.

Wall Street Analyst Weigh In

IBM has been the subject of several research analyst reports. DZ Bank upgraded International Business Machines from a "hold" rating to a "buy" rating and set a $295.00 price objective for the company in a research report on Friday, April 24th. Weiss Ratings lowered International Business Machines from a "buy (b)" rating to a "buy (b-)" rating in a research report on Monday, May 4th. JPMorgan Chase & Co. decreased their price objective on International Business Machines from $317.00 to $283.00 and set a "neutral" rating for the company in a research report on Wednesday, March 18th. Evercore boosted their price objective on International Business Machines from $330.00 to $345.00 and gave the company an "outperform" rating in a research report on Thursday, January 29th. Finally, Stifel Nicolaus decreased their price objective on International Business Machines from $340.00 to $290.00 and set a "buy" rating for the company in a research report on Wednesday, April 8th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $294.41.

International Business Machines Trading Up 1.1%

NYSE IBM opened at $224.71 on Thursday. The stock has a market capitalization of $211.20 billion, a price-to-earnings ratio of 19.87, a PEG ratio of 2.30 and a beta of 0.58. The stock's 50 day moving average price is $238.52 and its two-hundred day moving average price is $272.95. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.76 and a current ratio of 0.80. International Business Machines Corporation has a 52 week low of $212.34 and a 52 week high of $324.90.

International Business Machines (NYSE:IBM - Get Free Report) last released its earnings results on Wednesday, April 22nd. The technology company reported $1.91 EPS for the quarter, beating the consensus estimate of $1.81 by $0.10. The firm had revenue of $15.92 billion for the quarter, compared to analysts' expectations of $15.60 billion. International Business Machines had a return on equity of 37.23% and a net margin of 15.61%.The business's quarterly revenue was up 9.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.60 EPS. As a group, analysts anticipate that International Business Machines Corporation will post 12.4 earnings per share for the current fiscal year.

International Business Machines Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Friday, May 8th will be paid a $1.69 dividend. This represents a $6.76 annualized dividend and a yield of 3.0%. The ex-dividend date is Friday, May 8th. This is a positive change from International Business Machines's previous quarterly dividend of $1.68. International Business Machines's dividend payout ratio (DPR) is presently 59.77%.

International Business Machines News Summary

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

• Positive Sentiment: IBM expanded its AI cybersecurity portfolio with autonomous security features, enterprise threat detection, and Red Hat integration, which could improve its enterprise software and security revenue outlook. IBM Expands AI Security Portfolio: Will It Drive Prospects?
• Positive Sentiment: IBM deepened its AI security push through an Anthropic partnership and Project Glasswing, positioning the company as a potential beneficiary of rising demand for secure AI infrastructure. IBM Expands AI Security With Anthropic Partnership And Open Source Focus
• Positive Sentiment: IBM’s latest earnings-call coverage highlighted AI-driven growth momentum, reinforcing the view that its AI and enterprise backlog strategy is still gaining traction. IBM Earnings Call Highlights AI-Driven Growth Momentum
• Neutral Sentiment: IBM launched its 2026 Sports Tech Startup Challenge, an innovation initiative that could create longer-term partnerships but is not likely to move the stock immediately. The Dealmaking 3: IBM’s AI Sports Challenge, Athletes for Hope & The $192B Sports Tech Boom
• Negative Sentiment: Despite the AI news flow, IBM has still faced weak technical momentum and broader concerns about its year-to-date weakness, which may be limiting upside in the near term. IBM Stock Leads Mega-Cap Stock Decliners as Market Volatility Triggers Steep Selloff. That Doesn’t Tell You the Whole Story.

International Business Machines 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.

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