Alliance Wealth Advisors LLC UT Sells 4,725 Shares of International Business Machines Corporation $IBM

Key Points

• Alliance Wealth Advisors LLC UT cut its stake in IBM by 33.1%, selling 4,725 shares in the fourth quarter and now holds 9,556 shares valued at $2.831 million per its latest 13F filing.
• IBM beat estimates for the most recent quarter with $1.91 EPS vs. $1.81 expected and $15.92 billion in revenue, and raised its quarterly dividend to $1.69 (annualized $6.76, ~2.9% yield) with an ex-dividend date of May 8.
• Analyst sentiment is mixed but broadly positive—the stock has an average rating of "Moderate Buy" and a $296.18 average price target—while institutional investors hold about 58.96% of shares amid IBM’s recent AI, hybrid‑cloud and quantum product announcements.

Alliance Wealth Advisors LLC UT cut its stake in International Business Machines Corporation (NYSE:IBM - Free Report) by 33.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,556 shares of the technology company's stock after selling 4,725 shares during the quarter. Alliance Wealth Advisors LLC UT's holdings in International Business Machines were worth $2,831,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in International Business Machines by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 97,216,131 shares of the technology company's stock valued at $28,796,390,000 after acquiring an additional 1,439,824 shares during the period. Capital World Investors increased its stake in International Business Machines by 13.9% in the third quarter. Capital World Investors now owns 17,045,156 shares of the technology company's stock worth $4,809,461,000 after purchasing an additional 2,077,506 shares during the period. Legal & General Group Plc lifted its position in shares of International Business Machines by 2.5% during the third quarter. Legal & General Group Plc now owns 7,302,722 shares of the technology company's stock worth $2,060,536,000 after purchasing an additional 176,219 shares during the last quarter. Amundi lifted its position in shares of International Business Machines by 17.9% during the third quarter. Amundi now owns 4,777,516 shares of the technology company's stock worth $1,382,695,000 after purchasing an additional 725,191 shares during the last quarter. Finally, Invesco Ltd. boosted its stake in shares of International Business Machines by 2.2% during the third quarter. Invesco Ltd. now owns 3,921,228 shares of the technology company's stock valued at $1,106,414,000 after purchasing an additional 86,123 shares during the period. 58.96% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. Oppenheimer reduced their price target on shares of International Business Machines from $380.00 to $320.00 and set an "outperform" rating on the stock in a research note on Thursday, April 16th. Wall Street Zen cut shares of International Business Machines from a "buy" rating to a "hold" rating in a research report on Sunday, January 11th. Dbs Bank upgraded shares of International Business Machines from a "hold" rating to a "moderate buy" rating in a research note on Monday, January 19th. Morgan Stanley lifted their price target on shares of International Business Machines from $215.00 to $225.00 and gave the company an "equal weight" rating in a research note on Thursday, April 23rd. Finally, DZ Bank upgraded International Business Machines from a "hold" rating to a "buy" rating and set a $295.00 price target for the company in a report on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and seven have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $296.18.

Insider Transactions at International Business Machines

In other International Business Machines news, Director Michael Miebach purchased 434 shares of the firm's stock in a transaction on Wednesday, February 25th. The stock was bought at an average cost 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 $101,265.22. This represents a ∞ increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.27% of the stock is owned by corporate insiders.

International Business Machines Trading Down 1.1%

NYSE IBM opened at $229.57 on Tuesday. International Business Machines Corporation has a 52 week low of $220.72 and a 52 week high of $324.90. The company has a 50 day moving average price of $243.51 and a 200 day moving average price of $278.90. The company has a quick ratio of 0.76, a current ratio of 0.80 and a debt-to-equity ratio of 1.75. The firm has a market cap of $215.77 billion, a PE ratio of 20.30, a price-to-earnings-growth ratio of 2.41 and a beta of 0.58.

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. The company had revenue of $15.92 billion during the quarter, compared to the consensus estimate of $15.60 billion. International Business Machines had a net margin of 15.61% and a return on equity of 37.23%. International Business Machines's revenue was up 9.5% compared to the same quarter last year. During the same period last year, the firm earned $1.60 earnings per share. As a group, sell-side analysts forecast that International Business Machines Corporation will post 12.38 EPS for the current fiscal year.

International Business Machines Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Friday, May 8th will be given a dividend of $1.69 per share. The ex-dividend date of this dividend is Friday, May 8th. This represents a $6.76 annualized dividend and a yield of 2.9%. This is an increase from International Business Machines's previous quarterly dividend of $1.68. International Business Machines's dividend payout ratio is currently 59.42%.

More International Business Machines News

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

• Positive Sentiment: IBM unveiled major enterprise AI and hybrid-cloud product expansions (next‑gen watsonx Orchestrate, IBM Confluent for real‑time data, IBM Concert for intelligent ops) that deepen its AI operating‑model play and create new service and software monetization opportunities. Think 2026: IBM Delivers the Blueprint for the AI Operating Model as the AI Divide Widens
• Positive Sentiment: IBM announced general availability of IBM Sovereign Core, addressing digital‑sovereignty and compliance needs—an increasingly important selling point for governments and regulated enterprises. Think 2026: IBM Makes Digital Sovereignty Operational with General Availability of IBM Sovereign Core
• Positive Sentiment: Scientific milestone: IBM, Cleveland Clinic and RIKEN simulated a 12,635‑atom protein using IBM quantum systems, underscoring IBM's leadership and long‑term optionality in quantum computing and partnerships with life‑sciences. Cleveland Clinic, RIKEN, and IBM Model a 12,635-Atom Protein
• Neutral Sentiment: CEO Arvind Krishna and IBM messaging emphasize that AI value depends on new operating models—this narrative supports demand for consulting, software and integration services but is more strategic than immediately revenue‑generating. IBM CEO Says AI Triggers Need for New Operating Models
• Neutral Sentiment: IBM research and surveys (Institute for Business Value) show growing C‑suite adoption of AI (e.g., more Chief AI Officers), which supports long‑term demand for IBM’s enterprise offerings but is gradual. IBM Study: CEOs are Reshaping C-suite Roles for the AI Era
• Negative Sentiment: Despite the product news, IBM shares have shown recent technical weakness and traded below key moving averages cited by analysts; that, plus a mature growth profile, is prompting profit‑taking and weighing on the stock today. Assessing IBM (IBM) Shares After Recent Weakness And A 23.1% Undervaluation Signal

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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