Addenda Capital Inc. Sells 3,417 Shares of International Business Machines Corporation $IBM

Key Points

• Reduced its stake by 9.8%: Addenda Capital sold 3,417 IBM shares in Q4 and now holds 31,300 shares valued at about $9.27 million.
• Beat Q4 estimates: IBM reported EPS of $4.52 versus $4.33 expected and revenue of $19.69 billion (up 12.2% year‑over‑year), and declared a $1.68 quarterly dividend (2.8% yield).
• Insider buying and mixed analyst views: Directors purchased shares recently (David Farr 1,000 shares at $304; Michael Miebach 434 at $233.33), while analysts remain mixed but show a consensus "Moderate Buy" with a $311.27 target.

Addenda Capital Inc. reduced its stake in shares of International Business Machines Corporation (NYSE:IBM - Free Report) by 9.8% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 31,300 shares of the technology company's stock after selling 3,417 shares during the period. Addenda Capital Inc.'s holdings in International Business Machines were worth $9,271,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Brighton Jones LLC lifted its stake in International Business Machines by 12.4% in the fourth quarter. Brighton Jones LLC now owns 21,011 shares of the technology company's stock worth $4,619,000 after purchasing an additional 2,323 shares during the last quarter. Sivia Capital Partners LLC lifted its stake in International Business Machines by 10.6% in the second quarter. Sivia Capital Partners LLC now owns 1,938 shares of the technology company's stock worth $571,000 after purchasing an additional 186 shares during the last quarter. Jump Financial LLC bought a new stake in International Business Machines in the second quarter worth $211,000. Federated Hermes Inc. increased its position in shares of International Business Machines by 2.5% in the second quarter. Federated Hermes Inc. now owns 109,813 shares of the technology company's stock valued at $32,371,000 after acquiring an additional 2,671 shares during the period. Finally, BCS Private Wealth Management Inc. purchased a new position in shares of International Business Machines in the second quarter valued at about $4,177,000. 58.96% of the stock is owned by institutional investors.

Trending Headlines about International Business Machines

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

• Positive Sentiment: IBM’s recent AI and government‑cloud moves (Arm collaboration on dual‑architecture AI hardware, FedRAMP authorizations for watsonx on AWS GovCloud, and expanded cyber/voice AI partnerships) strengthen its enterprise AI + cloud positioning and support longer‑term revenue mix improvement. What IBM's Arm AI Hardware and GovCloud Push Means For Shareholders
• Positive Sentiment: Stifel maintained a buy stance even after lowering its target to $290, signaling analysts still see upside versus current levels. That keeps a portion of the analyst community constructive. Stifel Resets IBM Stock Price Target Ahead of Earnings
• Neutral Sentiment: IBM set its Q1 2026 earnings release and conference call for April 22 — this upcoming report is the next clear catalyst that could reverse or reinforce today’s move. IBM to Announce First-Quarter 2026 Financial Results
• Negative Sentiment: Multiple analysts trimmed price targets (consensus cuts clustered around $290), which likely pressured the stock; cuts reflect near‑term uncertainty and trim upside expectations. International Business Machines (IBM) Stock Falls as Analysts Cut Price Targets to $290
• Negative Sentiment: Stifel explicitly cited currency headwinds and geopolitical/conflict risks as reasons for reducing its target, highlighting macro and regional risk that could weigh on near‑term results. IBM In Focus After Analyst Price Target Trim

Insider Transactions at International Business Machines

In other International Business Machines news, Director David N. Farr acquired 1,000 shares of the business's stock in a transaction on Friday, January 30th. The shares were acquired at an average price of $304.00 per share, for a total transaction of $304,000.00. Following the completion of the acquisition, the director owned 9,258 shares in the company, valued at $2,814,432. This trade represents a 12.11% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Michael Miebach acquired 434 shares of the business's stock in a transaction on Wednesday, February 25th. The stock was acquired at an average price of $233.33 per share, for a total transaction of $101,265.22. Following the acquisition, the director owned 434 shares of the company's stock, valued at approximately $101,265.22. This trade represents a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last 90 days, insiders acquired 1,484 shares of company stock worth $417,157. Corporate insiders own 0.27% of the company's stock.

International Business Machines Price Performance

Shares of NYSE IBM opened at $241.62 on Thursday. International Business Machines Corporation has a 1 year low of $215.16 and a 1 year high of $324.90. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.96 and a quick ratio of 0.92. The company's 50-day moving average is $257.17 and its 200 day moving average is $283.63. The stock has a market capitalization of $226.64 billion, a P/E ratio of 21.67, a P/E/G ratio of 2.47 and a beta of 0.69.

International Business Machines (NYSE:IBM - Get Free Report) last announced its quarterly earnings results on Wednesday, January 28th. The technology company reported $4.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.33 by $0.19. The company had revenue of $19.69 billion for the quarter, compared to analysts' expectations of $19.23 billion. International Business Machines had a net margin of 15.69% and a return on equity of 38.15%. International Business Machines's quarterly revenue was up 12.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $3.92 earnings per share. On average, sell-side analysts expect that International Business Machines Corporation will post 10.78 earnings per share for the current year.

International Business Machines Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 10th were issued a $1.68 dividend. This represents a $6.72 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date was Tuesday, February 10th. International Business Machines's dividend payout ratio is 60.27%.

Analysts Set New Price Targets

A number of equities analysts have issued reports on IBM shares. Sanford C. Bernstein restated a "market perform" rating on shares of International Business Machines in a research report on Wednesday, December 10th. DZ Bank upgraded shares of International Business Machines to a "hold" rating in a research report on Wednesday, February 11th. Evercore boosted their price objective on shares of International Business Machines from $330.00 to $345.00 and gave the company an "outperform" rating in a research report on Thursday, January 29th. Erste Group Bank cut shares of International Business Machines from a "buy" rating to a "hold" rating in a research report on Wednesday, February 18th. Finally, Oppenheimer set a $380.00 price objective on shares of International Business Machines and gave the company an "outperform" rating in a research report on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and eight have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $311.27.

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.

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