Bokf Na Sells 6,241 Shares of International Business Machines Corporation $IBM

Key Points

• Bokf Na trimmed its stake in IBM by 6.8%, selling 6,241 shares in Q4 and now holds 85,051 shares valued at about $25.19 million.
• IBM beat quarterly expectations with $1.91 EPS vs. $1.81 and $15.92B revenue (up 9.5% YoY) and raised its quarterly dividend to $1.69 (annualized $6.76, ~3.0% yield).
• Product and research catalysts — expanded enterprise AI/hybrid‑cloud offerings, a strategic collaboration with Saudi Aramco, and a quantum simulation milestone — have helped spur analyst upgrades and a consensus "Moderate Buy" rating with a $296.18 price target.

Bokf Na trimmed its position in shares of International Business Machines Corporation (NYSE:IBM - Free Report) by 6.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 85,051 shares of the technology company's stock after selling 6,241 shares during the quarter. Bokf Na's holdings in International Business Machines were worth $25,193,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Family CFO Inc bought a new stake in International Business Machines during the 4th quarter valued at approximately $25,000. Joseph Group Capital Management bought a new stake in International Business Machines during the 4th quarter valued at approximately $28,000. Mountain Hill Investment Partners Corp. bought a new stake in International Business Machines during the 3rd quarter valued at approximately $28,000. SWAN Capital LLC bought a new stake in International Business Machines during the 3rd quarter valued at approximately $28,000. Finally, LFA Lugano Financial Advisors SA bought a new stake in International Business Machines during the 4th quarter valued at approximately $31,000. 58.96% of the stock is owned by institutional investors.

Key Stories Impacting International Business Machines

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

• Positive Sentiment: Think 2026 product push - IBM rolled out expanded enterprise AI and hybrid-cloud offerings (next‑gen watsonx Orchestrate, IBM Sovereign Core, Concert, real‑time data/connectors) that strengthen its go‑to‑market for large customers and support recurring software/consulting revenue growth. Think 2026: IBM Delivers the Blueprint for the AI Operating Model as the AI Divide Widens
• Positive Sentiment: Strategic partnership expansion - IBM and Saudi Aramco announced an intended collaboration on AI, agentic AI, automation and materials science, opening a large industrial customer channel and potential managed‑services work in the Middle East. IBM and Aramco Explore Collaboration to Accelerate AI and Innovation Across Saudi Arabia
• Positive Sentiment: Quantum milestone boosts long‑term optionality - IBM, Cleveland Clinic and partners simulated a 12,635‑atom protein on IBM quantum systems, marking a new capability milestone that supports IBM’s narrative of commercializing quantum for pharma and materials research. Cleveland Clinic, RIKEN, and IBM Model a 12,635-Atom Protein
• Positive Sentiment: Analyst upgrade signals improving sentiment on quantum/AI upside - HSBC upgraded IBM on its quantum-business valuation, providing third‑party support for management’s long‑term value creation thesis. HSBC Upgrades International Business Machines Corporation (IBM) on Quantum Business Valuation
• Positive Sentiment: Partner integrations broaden product reach - LogicMonitor announced integrations with IBM watsonx and Red Hat Ansible to power autonomous IT operations, which could accelerate enterprise adoption of IBM’s management stack. LogicMonitor Collaborates with IBM and Red Hat to Drive the Next Era of Autonomous Data Centers
• Neutral Sentiment: Market reports list IBM among smart‑grid cybersecurity leaders — a large, fast‑growing market opportunity, but one driven by long sales cycles and competition; supportive for longer‑term cyber/security services. Global Smart Grid Cybersecurity Market Size/Share Report
• Negative Sentiment: Regulatory risk headline — CEO Arvind Krishna warned Washington that overly strict AI rules could harm U.S. competitiveness, highlighting regulatory uncertainty as a potential near‑term headwind for AI vendors if heavy regulation emerges. That uncertainty can pressure multiples despite product progress. IBM CEO Arvind Krishna warns Washington must find 'Goldilocks' middle ground on AI regulation

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Argus set a $360.00 price target on International Business Machines in a research report on Friday, January 30th. Citigroup assumed coverage on International Business Machines in a research report on Friday, April 10th. They issued a "buy" rating and a $285.00 price target on the stock. DZ Bank raised International Business Machines from a "hold" rating to a "buy" rating and set a $295.00 price target on the stock in a research report on Friday, April 24th. Bank of America boosted their price target on International Business Machines from $315.00 to $335.00 and gave the stock a "buy" rating in a research report on Tuesday, January 13th. Finally, Dbs Bank raised International Business Machines from a "hold" rating to a "moderate buy" rating in a research report on Monday, January 19th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seven have assigned a Hold rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $296.18.

International Business Machines Stock Performance

IBM stock opened at $229.01 on Wednesday. The stock has a market capitalization of $215.24 billion, a PE ratio of 20.25, a price-to-earnings-growth ratio of 2.38 and a beta of 0.58. International Business Machines Corporation has a 12-month low of $220.72 and a 12-month high of $324.90. The company has a current ratio of 0.80, a quick ratio of 0.76 and a debt-to-equity ratio of 1.75. The stock's 50 day simple moving average is $242.95 and its 200 day simple moving average is $278.53.

International Business Machines (NYSE:IBM - Get Free Report) last released its quarterly earnings data on Wednesday, April 22nd. The technology company reported $1.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.81 by $0.10. The business had revenue of $15.92 billion for the quarter, compared to analysts' expectations of $15.60 billion. International Business Machines had a return on equity of 37.23% and a net margin of 15.61%.The firm's quarterly revenue was up 9.5% on a year-over-year basis. During the same period in the prior year, the firm posted $1.60 EPS. As a group, research analysts forecast that International Business Machines Corporation will post 12.38 earnings per share for the current fiscal year.

International Business Machines Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Friday, May 8th will be given a $1.69 dividend. This is a boost from International Business Machines's previous quarterly dividend of $1.68. The ex-dividend date of this dividend is Friday, May 8th. This represents a $6.76 annualized dividend and a yield of 3.0%. International Business Machines's payout ratio is currently 59.42%.

Insider Buying and Selling at International Business Machines

In other news, Director Michael Miebach purchased 434 shares of the stock in a transaction dated Wednesday, February 25th. The shares were purchased at an average cost of $233.33 per share, with a total value of $101,265.22. Following the acquisition, the director directly owned 434 shares of the company's stock, valued at $101,265.22. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.27% of the stock is owned by insiders.

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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