AG2R LA Mondiale Gestion D Actifs Purchases 2,481 Shares of International Business Machines Corporation $IBM

Key Points

• AG2R LA Mondiale Gestion D Actifs increased its IBM stake by 7.2% in the fourth quarter, buying 2,481 additional shares and bringing its total holdings to 37,003 shares valued at about $10.96 million.
• IBM continues to draw attention for its AI and quantum computing progress, with recent conference commentary and reports highlighting productivity gains and a major quantum accuracy breakthrough.
• The company recently beat earnings expectations, raised its quarterly dividend to $1.69 per share, and still has a mixed Wall Street outlook with a consensus rating of “Moderate Buy.”

AG2R LA Mondiale Gestion D Actifs increased its position in International Business Machines Corporation (NYSE:IBM - Free Report) by 7.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 37,003 shares of the technology company's stock after buying an additional 2,481 shares during the period. AG2R LA Mondiale Gestion D Actifs' holdings in International Business Machines were worth $10,961,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IBM. Family CFO Inc bought a new position in International Business Machines during the fourth quarter valued at approximately $25,000. Mountain Hill Investment Partners Corp. bought a new position in International Business Machines during the third quarter valued at approximately $28,000. Joseph Group Capital Management bought a new position in International Business Machines during the fourth quarter valued at approximately $28,000. SWAN Capital LLC bought a new position in International Business Machines during the third quarter valued at approximately $28,000. Finally, DecisionPoint Financial LLC raised its position in International Business Machines by 1,666.7% during the fourth quarter. DecisionPoint Financial LLC now owns 106 shares of the technology company's stock valued at $31,000 after acquiring an additional 100 shares in the last quarter. Institutional investors own 58.96% of the company's stock.

International Business Machines News Summary

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

• Positive Sentiment: IBM used its Think 2026 conference to highlight progress in artificial intelligence and quantum computing, including productivity gains from AI and signs that quantum advantage may be approaching sooner than expected. That reinforces the company’s long-term growth narrative. IBM touts AI productivity gains and quantum milestones at Think conference
• Positive Sentiment: A new report on IBM’s quantum push said the company demonstrated a major accuracy breakthrough, helping show that its quantum efforts are moving beyond theory and toward commercial relevance. IBM’s Quantum Push Gets Real with 210x Accuracy Breakthrough
• Positive Sentiment: IBM was also mentioned in broader commentary about the AI build-out and in sector coverage of AI infrastructure, which keeps the company in the conversation as investors look for “pick-and-shovel” beneficiaries of AI spending. 8 Stocks on Jim Cramer’s Mad Money Recap: IBM, Corning, and AI Rally Strength
• Neutral Sentiment: Several articles note that IBM is attracting investor and analyst attention, suggesting traders are reassessing the stock’s prospects, but these items do not add a clear new catalyst on their own. International Business Machines Corporation (IBM) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Analyst commentary remains cautiously optimistic, with Wall Street still viewing IBM as a potential long-term winner even though the stock has lagged the broader market over the past year. Are Wall Street Analysts Predicting International Business Machines Stock Will Climb or Sink?
• Negative Sentiment: Recent coverage also highlighted IBM’s sharp six-month decline and concerns that AI advances could threaten parts of its legacy business, which may be weighing on sentiment. IBM Plummets 27% in 6 Months: Should You Reassess the Stock?

Analyst Upgrades and Downgrades

IBM has been the topic of several recent research reports. HSBC raised shares of International Business Machines from a "reduce" rating to a "hold" rating and raised their price objective for the company from $218.00 to $231.00 in a research report on Tuesday, April 28th. Argus set a $360.00 price target on International Business Machines in a research note on Friday, January 30th. Evercore upped their price target on International Business Machines from $330.00 to $345.00 and gave the stock an "outperform" rating in a research note on Thursday, January 29th. Citigroup started coverage on International Business Machines in a research note on Friday, April 10th. They set a "buy" rating and a $285.00 price target for the company. Finally, Weiss Ratings downgraded International Business Machines from a "buy (b)" rating to a "buy (b-)" rating in a report on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $294.41.

International Business Machines Price Performance

Shares of NYSE:IBM opened at $229.39 on Monday. The business has a 50 day moving average price of $243.05 and a 200 day moving average price of $277.83. International Business Machines Corporation has a twelve month low of $220.72 and a twelve month high of $324.90. The company has a market cap of $215.60 billion, a price-to-earnings ratio of 20.28, a PEG ratio of 2.38 and a beta of 0.58. The company has a quick ratio of 0.76, a current ratio of 0.80 and a debt-to-equity ratio of 1.75.

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

International Business Machines Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Friday, May 8th will be paid a $1.69 dividend. The ex-dividend date is Friday, May 8th. This is a positive change from International Business Machines's previous quarterly dividend of $1.68. This represents a $6.76 annualized dividend and a dividend yield of 2.9%. International Business Machines's dividend payout ratio is 59.77%.

Insider Activity

In related news, Director Michael Miebach acquired 434 shares of the stock in a transaction dated Wednesday, February 25th. The shares were acquired at an average price of $233.33 per share, for a total transaction of $101,265.22. Following the completion of the purchase, the director owned 434 shares in the company, valued at approximately $101,265.22. The trade was a ∞ increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.27% of the company's stock.

About International Business Machines

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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