Benjamin Edwards Inc. Raises Position in International Business Machines Corporation $IBM

Key Points

• Benjamin Edwards Inc. increased its IBM stake by 40.2% in the second quarter, bringing its holdings to 110,766 shares valued at approximately $31.2 million. Institutional investors collectively own 58.96% of IBM.
• Analyst sentiment remains favorable, with 17 Buy, 10 Hold and one Sell rating, producing a “Moderate Buy” consensus and an average price target of $265.90.
• IBM reported quarterly revenue of $17.16 billion and earnings of $2.93 per share, while maintaining a quarterly dividend of $1.69 per share. Strategic AI and quantum-computing partnerships support its long-term outlook, though near-term revenue impact is uncertain and recent underperformance and shareholder-investigation headlines add risk.

Benjamin Edwards Inc. grew its stake in International Business Machines Corporation (NYSE:IBM - Free Report) by 40.2% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 110,766 shares of the technology company's stock after purchasing an additional 31,736 shares during the period. Benjamin Edwards Inc.'s holdings in International Business Machines were worth $31,153,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Assetmark Inc. lifted its holdings in International Business Machines by 24.8% during the 1st quarter. Assetmark Inc. now owns 64,458 shares of the technology company's stock valued at $15,624,000 after buying an additional 12,791 shares in the last quarter. GLOBALT Investments LLC GA grew its stake in 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 worth $5,417,000 after acquiring an additional 2,930 shares in the last quarter. Rice Partnership LLC purchased a new position in shares of International Business Machines during the fourth quarter worth approximately $3,317,000. Sage Investment Advisers LLC purchased a new position in shares of International Business Machines during the fourth quarter worth approximately $4,101,000. Finally, Flputnam Investment Management Co. bought a new stake in shares of International Business Machines during the second quarter valued at approximately $15,237,000. Hedge funds and other institutional investors own 58.96% of the company's stock.

Analyst Ratings Changes

A number of brokerages recently issued reports on IBM. KeyCorp lowered International Business Machines to a "sector weight" rating in a report on Tuesday, June 23rd. Wedbush set a $350.00 price objective on International Business Machines in a report on Tuesday, June 2nd. Susquehanna lifted their target price on International Business Machines from $225.00 to $235.00 and gave the company a "neutral" rating in a research report on Monday, August 31st. Bank of America increased their price target on International Business Machines from $315.00 to $330.00 and gave the stock a "buy" rating in a research report on Monday, July 6th. Finally, Wolfe Research lowered International Business Machines to a "peer perform" rating in a research note on Tuesday, June 23rd. Seventeen investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $265.90.

Key Headlines Impacting International Business Machines

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

• Positive Sentiment: Lunar AI partnership with NASA: IBM and NASA released the open-source Lunar Foundation Model, trained on decades of lunar observation data. The model reportedly outperformed widely used mapping methods by up to 23% in identifying features such as ice deposits, craters and volcanic formations. The announcement strengthens IBM’s profile in scientific AI, although near-term revenue is likely limited. IBM and NASA Release Open-Source AI Model to Support Lunar Exploration
• Positive Sentiment: Swiss quantum-computing hub: IBM and Lockheed Martin are establishing a quantum innovation hub at ETH Zurich through Switzerland’s defense-offset program. The Swiss National Supercomputing Centre is expected to host the country’s first IBM Quantum System Two, powered by IBM’s Nighthawk r2 processor and integrated with the Alps supercomputer. The arrangement could provide IBM with a government-supported, multi-year deployment while expanding access to researchers and businesses. Research will focus on quantum sensing, navigation and advanced materials. IBM and Lockheed Martin Announce Swiss Quantum Innovation Hub
• Neutral Sentiment: Analyst coverage continues to frame IBM as a diversified way to gain exposure to enterprise AI, hybrid cloud and quantum computing. However, the announcements are primarily strategic and research-oriented, so their effect on revenue and earnings may take years to materialize.
• Negative Sentiment: IBM recently underperformed the broader market, while a shareholder-rights law firm announced an investigation tied to management’s prior preview of weak second-quarter 2026 results. The investigation is not an allegation of wrongdoing, but it adds headline and legal risk. IBM Shareholder Investigation

Insider Buying and Selling at International Business Machines

In related news, SVP Robert Thomas sold 25,000 shares of the firm's 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 sale, the senior vice president owned 47,800 shares of the company's stock, valued at $11,009,296. This trade represents a 34.34% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.27% of the stock is owned by company insiders.

International Business Machines Stock Performance

Shares of IBM stock opened at $243.14 on Friday. The firm has a market cap of $229.07 billion, a price-to-earnings ratio of 21.57, a PEG ratio of 2.32 and a beta of 0.71. The company's 50 day moving average is $236.88 and its 200 day moving average is $246.36. The company has a quick ratio of 0.74, a current ratio of 0.79 and a debt-to-equity ratio of 1.63. International Business Machines Corporation has a 52-week low of $199.19 and a 52-week high of $332.46.

International Business Machines (NYSE:IBM - Get Free Report) last posted its earnings results on Wednesday, July 22nd. The technology company reported $2.93 earnings per share for the quarter, hitting analysts' consensus estimates of $2.93. The company had revenue of $17.16 billion during the quarter, compared to analyst estimates of $17.46 billion. International Business Machines had a return on equity of 35.65% and a net margin of 15.52%.International Business Machines's revenue was up 1.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.80 earnings per share. On average, sell-side analysts anticipate that International Business Machines Corporation will post 12.33 EPS for the current fiscal year.

International Business Machines Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 10th. Investors of record on Monday, August 10th were paid a dividend of $1.69 per share. This represents a $6.76 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date was Monday, August 10th. International Business Machines's dividend payout ratio is 59.98%.

About International Business Machines

International Business Machines Corporation (IBM) is a global technology and consulting company that provides enterprise-focused hardware, software and services. Its offerings include hybrid cloud solutions, artificial intelligence, data and automation software, cybersecurity tools, IT infrastructure and technology consulting.

IBM develops and supports enterprise systems such as IBM Z mainframes, Power servers and storage products. Its software portfolio includes Red Hat hybrid cloud technologies, the watsonx platform for artificial intelligence and data management, application integration tools and cybersecurity solutions.

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