Avestar Capital LLC Sells 2,344 Shares of International Business Machines Corporation $IBM

Key Points

• Avestar Capital reduced its IBM stake by 24.3% in the third quarter, selling 2,344 shares and retaining 7,297 shares valued at approximately $1.61 million. Institutional investors overall own 58.96% of IBM.
• IBM exceeded quarterly expectations, reporting $2.95 in EPS and $17.10 billion in revenue, with revenue up 4.7% year over year. The company also declared a $1.69 quarterly dividend, equivalent to a 2.6% yield.
• Analyst sentiment remains favorable, with a consensus “Moderate Buy” rating and an average price target of $266.12; recent targets range from $260 to $280.

Avestar Capital LLC cut its holdings in International Business Machines Corporation (NYSE:IBM - Free Report) by 24.3% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 7,297 shares of the technology company's stock after selling 2,344 shares during the quarter. Avestar Capital LLC's holdings in International Business Machines were worth $1,605,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in IBM. LJI Wealth Management LLC increased its position in International Business Machines by 34.8% during the 3rd quarter. LJI Wealth Management LLC now owns 1,549 shares of the technology company's stock worth $341,000 after purchasing an additional 400 shares in the last quarter. Modera Wealth Management LLC raised its holdings in shares of International Business Machines by 2.8% during the third quarter. Modera Wealth Management LLC now owns 23,284 shares of the technology company's stock valued at $5,121,000 after purchasing an additional 640 shares during the period. Heritage Wealth Management Inc. raised its position in shares of International Business Machines by 1.6% during the third quarter. Heritage Wealth Management Inc. now owns 6,561 shares of the technology company's stock worth $1,443,000 after purchasing an additional 101 shares during the period. CFC Planning Co LLC lifted its holdings in shares of International Business Machines by 7.1% in the third quarter. CFC Planning Co LLC now owns 15,119 shares of the technology company's stock valued at $3,326,000 after purchasing an additional 999 shares in the last quarter. Finally, Whelan Financial lifted its position in shares of International Business Machines by 11.2% during the 3rd quarter. Whelan Financial now owns 2,060 shares of the technology company's stock worth $453,000 after buying an additional 208 shares in the last quarter. Institutional investors and hedge funds own 58.96% of the company's stock.

Insiders Place Their Bets

In other International Business Machines 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 completion of the transaction, the senior vice president owned 47,800 shares of the company's stock, valued at $11,009,296. The trade was a 34.34% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.27% of the stock is owned by insiders.

International Business Machines Stock Down 0.2%

IBM opened at $257.80 on Friday. The company has a 50 day moving average of $235.17 and a 200 day moving average of $249.93. The company has a market cap of $243.65 billion, a PE ratio of 21.98, a price-to-earnings-growth ratio of 2.54 and a beta of 0.73. International Business Machines Corporation has a 12 month low of $199.19 and a 12 month high of $332.46. The company has a current ratio of 0.85, a quick ratio of 0.80 and a debt-to-equity ratio of 1.57.

International Business Machines (NYSE:IBM - Get Free Report) last issued its earnings results on Wednesday, October 21st. The technology company reported $2.95 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.85 by $0.10. International Business Machines had a net margin of 15.99% and a return on equity of 34.37%. The business had revenue of $17.10 billion for the quarter, compared to analysts' expectations of $16.82 billion. During the same quarter in the previous year, the firm posted $2.65 EPS. The business's revenue for the quarter was up 4.7% compared to the same quarter last year. On average, sell-side analysts expect that International Business Machines Corporation will post 12.41 EPS for the current year.

International Business Machines Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Tuesday, November 10th will be paid a $1.69 dividend. The ex-dividend date is Tuesday, November 10th. This represents a $6.76 annualized dividend and a yield of 2.6%. International Business Machines's dividend payout ratio (DPR) is currently 57.63%.

Analysts Set New Price Targets

IBM has been the topic of a number of recent analyst reports. Barclays boosted their price target on shares of International Business Machines from $262.00 to $277.00 and gave the stock an "overweight" rating in a report on Thursday, October 22nd. Argus dropped their target price on shares of International Business Machines from $360.00 to $280.00 and set a "buy" rating on the stock in a research note on Thursday, July 16th. Stifel Nicolaus increased their target price on shares of International Business Machines from $235.00 to $260.00 and gave the company a "buy" rating in a research report on Thursday, October 22nd. Truist Financial set a $260.00 price target on shares of International Business Machines in a research note on Thursday, October 22nd. Finally, Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $270.00 price target on shares of International Business Machines in a report on Thursday, October 22nd. Nineteen investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, International Business Machines presently has an average rating of "Moderate Buy" and a consensus price target of $266.12.

Trending Headlines about International Business Machines

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

• Positive Sentiment: IBM introduced new AI-agent security controls that combine HashiCorp Vault, Agent Identity, and watsonx Orchestrate. The tools provide centralized governance, least-privilege access, real-time credential revocation, and sandboxed execution across hybrid-cloud environments, potentially strengthening IBM’s position in enterprise AI security. IBM Debuts AI Agent Security Controls For Hybrid Cloud
• Positive Sentiment: Analysts and commentators highlighted improving momentum in IBM’s software business, including its hybrid-cloud and enterprise infrastructure operations. IBM’s approximately $12 billion in free cash flow may support continued investment and shareholder returns. IBM’s Software Business Is Picking Up Speed
• Neutral Sentiment: Research reports project strong growth in service virtualization, edge computing, configuration-management systems, SMB IT spending, and battery-warranty analytics—markets in which IBM is listed as a participant. The reports indicate long-term addressable-market opportunities but do not represent new contracts or revenue guidance for IBM. Configuration Management Systems Global Strategic Business Report
• Neutral Sentiment: IBM’s opposition to blockchain-based stock trading reflects concerns about tokenized-market structures, but the issue appears unlikely to materially affect near-term financial results. Why Oracle, Intel, and IBM Are Saying No to Blockchain-Based Stock Trading
• Negative Sentiment: Concerns about IBM’s debt load and whether its long record of dividend increases can continue are weighing on the investment case. The stock’s decline during 2026 has made the dividend more attractive, but also highlights balance-sheet and payout sustainability risks. IBM Stock Is Down 13% in 2026. Is Its Dividend Still Safe?

International Business Machines Company Profile

International Business Machines Corporation NYSE: IBM, commonly known as IBM, is a global technology and consulting company that helps organizations modernize their information technology and business operations. Its offerings include hybrid cloud solutions, artificial intelligence software and services, enterprise software, IT infrastructure, cybersecurity, data analytics, and technology consulting.

IBM provides products and services to businesses, governments, and other institutions across industries and regions worldwide.

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