Bluefin Capital Management LLC Has $226,000 Holdings in International Business Machines Corporation $IBM

Key Points

• Bluefin Capital Management cut its IBM stake by 86.5% in the second quarter, retaining 805 shares valued at approximately $226,000. Institutional investors and hedge funds collectively own 58.96% of IBM.
• IBM’s NASA AI partnership and Swiss quantum-computing hub with Lockheed Martin strengthen its positioning in scientific AI and quantum technology, though the initiatives are strategic and may take years to generate meaningful revenue.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $265.90, while IBM reported quarterly EPS in line with estimates but revenue below expectations. The company also pays a quarterly dividend of $1.69, representing a 2.8% annualized yield.

Bluefin Capital Management LLC reduced its stake in International Business Machines Corporation (NYSE:IBM - Free Report) by 86.5% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 805 shares of the technology company's stock after selling 5,170 shares during the period. Bluefin Capital Management LLC's holdings in International Business Machines were worth $226,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the company. BlackRock Inc. acquired a new position in International Business Machines during the 2nd quarter worth about $21,586,659,000. Bank of America Corp DE bought a new position in shares of International Business Machines during the second quarter worth about $4,214,868,000. Bank of New York Mellon Corp acquired a new position in shares of International Business Machines in the second quarter worth approximately $2,606,782,000. Norges Bank acquired a new position in shares of International Business Machines in the 4th quarter worth approximately $2,446,429,000. Finally, Legal & General Group Plc bought a new stake in shares of International Business Machines in the 2nd quarter valued at $1,874,733,000. 58.96% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other 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 value of $5,758,000.00. Following the transaction, 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.27% of the company's stock.

Key Stories 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

Analyst Upgrades and Downgrades

A number of analysts have weighed in on IBM shares. Roth Capital reiterated a "buy" rating on shares of International Business Machines in a report on Wednesday, June 3rd. Oppenheimer downgraded International Business Machines from an "outperform" rating to a "market perform" rating in a report on Wednesday, July 15th. Weiss Ratings lowered International Business Machines from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Wednesday, June 24th. JPMorgan Chase & Co. cut their price target on International Business Machines from $291.00 to $250.00 and set an "overweight" rating on the stock in a report on Friday, July 17th. Finally, Robert W. Baird started coverage on shares of International Business Machines in a research note on Tuesday, July 21st. They issued a "neutral" rating and a $230.00 price objective for the company. Sixteen investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $265.90.

International Business Machines Stock Up 3.9%

IBM opened at $243.14 on Friday. The stock has a market cap of $229.07 billion, a PE ratio of 21.57, a P/E/G ratio of 2.23 and a beta of 0.71. 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. The business's fifty day simple moving average is $236.88 and its 200 day simple moving average is $246.36.

International Business Machines (NYSE:IBM - Get Free Report) last announced its quarterly earnings data on Wednesday, July 22nd. The technology company reported $2.93 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $2.93. International Business Machines had a return on equity of 35.65% and a net margin of 15.52%.The firm had revenue of $17.16 billion for the quarter, compared to analysts' expectations of $17.46 billion. During the same period last year, the firm earned $2.80 earnings per share. The company's revenue for the quarter was up 1.1% compared to the same quarter last year. As a group, research analysts expect that International Business Machines Corporation will post 12.33 earnings per share for the current fiscal year.

International Business Machines Dividend Announcement

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

International Business Machines Company Profile

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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