Centennial Advisors LLC Purchases Shares of 2,344 International Business Machines Corporation $IBM

Key Points

• Centennial Advisors LLC purchased a new stake of 2,344 shares of IBM in the fourth quarter, valued at about $694,000.
• IBM beat fourth‑quarter expectations with EPS of $4.52 vs. $4.33 expected and revenue of $19.69 billion (up 12.2% year‑over‑year).
• Analysts hold a consensus rating of Moderate Buy with an average price target of ~$311, but several recent target cuts clustered near the ~$290 level and some downgrades signal mixed near‑term outlook.

Centennial Advisors LLC purchased a new stake in shares of International Business Machines Corporation (NYSE:IBM - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 2,344 shares of the technology company's stock, valued at approximately $694,000.

Several other hedge funds have also added to or reduced their stakes in IBM. Foster Group Inc. raised its stake in International Business Machines by 1.3% in the fourth quarter. Foster Group Inc. now owns 2,507 shares of the technology company's stock valued at $742,000 after purchasing an additional 33 shares in the last quarter. CVA Family Office LLC raised its stake in International Business Machines by 1.4% in the fourth quarter. CVA Family Office LLC now owns 2,389 shares of the technology company's stock valued at $708,000 after purchasing an additional 33 shares in the last quarter. New Covenant Trust Company N.A. raised its stake in International Business Machines by 3.8% in the fourth quarter. New Covenant Trust Company N.A. now owns 905 shares of the technology company's stock valued at $264,000 after purchasing an additional 33 shares in the last quarter. CFS Investment Advisory Services LLC raised its stake in International Business Machines by 0.4% in the third quarter. CFS Investment Advisory Services LLC now owns 9,359 shares of the technology company's stock valued at $2,878,000 after purchasing an additional 34 shares in the last quarter. Finally, KPP Advisory Services LLC raised its stake in International Business Machines by 1.7% in the third quarter. KPP Advisory Services LLC now owns 2,069 shares of the technology company's stock valued at $584,000 after purchasing an additional 34 shares in the last quarter. Institutional investors and hedge funds own 58.96% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on IBM. Erste Group Bank downgraded International Business Machines from a "buy" rating to a "hold" rating in a research note on Wednesday, February 18th. Sanford C. Bernstein reiterated a "market perform" rating on shares of International Business Machines in a research report on Wednesday, December 10th. Argus set a $360.00 target price on International Business Machines in a research report on Friday, January 30th. Oppenheimer set a $380.00 target price on International Business Machines and gave the company an "outperform" rating in a research report on Thursday, January 29th. Finally, JPMorgan Chase & Co. decreased their target price on International Business Machines from $317.00 to $283.00 and set a "neutral" rating on the stock in a research report on Wednesday, March 18th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and eight have assigned a Hold rating to the company's stock. Based on data from MarketBeat, International Business Machines has a consensus rating of "Moderate Buy" and an average price target of $311.27.

International Business Machines Stock Performance

International Business Machines stock opened at $241.62 on Thursday. International Business Machines Corporation has a 12-month low of $215.16 and a 12-month high of $324.90. The company has a quick ratio of 0.92, a current ratio of 0.96 and a debt-to-equity ratio of 1.67. The business's 50-day moving average price is $257.17 and its two-hundred day moving average price is $283.63. The stock has a market cap of $226.64 billion, a PE ratio of 21.67, a P/E/G ratio of 2.47 and a beta of 0.69.

International Business Machines (NYSE:IBM - Get Free Report) last released its earnings results on Wednesday, January 28th. The technology company reported $4.52 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.33 by $0.19. The firm had revenue of $19.69 billion for the quarter, compared to analysts' expectations of $19.23 billion. International Business Machines had a return on equity of 38.15% and a net margin of 15.69%.The business's revenue for the quarter was up 12.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $3.92 earnings per share. As a group, analysts expect that International Business Machines Corporation will post 10.78 earnings per share for the current fiscal year.

International Business Machines Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 10th were issued a dividend of $1.68 per share. This represents a $6.72 annualized dividend and a dividend yield of 2.8%. The ex-dividend date was Tuesday, February 10th. International Business Machines's payout ratio is 60.27%.

Key International Business Machines News

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

• Positive Sentiment: IBM’s recent AI and government‑cloud moves (Arm collaboration on dual‑architecture AI hardware, FedRAMP authorizations for watsonx on AWS GovCloud, and expanded cyber/voice AI partnerships) strengthen its enterprise AI + cloud positioning and support longer‑term revenue mix improvement. What IBM's Arm AI Hardware and GovCloud Push Means For Shareholders
• Positive Sentiment: Stifel maintained a buy stance even after lowering its target to $290, signaling analysts still see upside versus current levels. That keeps a portion of the analyst community constructive. Stifel Resets IBM Stock Price Target Ahead of Earnings
• Neutral Sentiment: IBM set its Q1 2026 earnings release and conference call for April 22 — this upcoming report is the next clear catalyst that could reverse or reinforce today’s move. IBM to Announce First-Quarter 2026 Financial Results
• Negative Sentiment: Multiple analysts trimmed price targets (consensus cuts clustered around $290), which likely pressured the stock; cuts reflect near‑term uncertainty and trim upside expectations. International Business Machines (IBM) Stock Falls as Analysts Cut Price Targets to $290
• Negative Sentiment: Stifel explicitly cited currency headwinds and geopolitical/conflict risks as reasons for reducing its target, highlighting macro and regional risk that could weigh on near‑term results. IBM In Focus After Analyst Price Target Trim

Insider Activity

In other news, Director David N. Farr purchased 1,000 shares of International Business Machines stock in a transaction dated Friday, January 30th. The shares were bought at an average cost of $304.00 per share, for a total transaction of $304,000.00. Following the completion of the acquisition, the director owned 9,258 shares in the company, valued at approximately $2,814,432. This trade represents a 12.11% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Michael Miebach purchased 434 shares of International Business Machines stock in a transaction dated Wednesday, February 25th. The shares were purchased at an average price of $233.33 per share, for a total transaction of $101,265.22. Following the completion of the acquisition, the director owned 434 shares of the company's stock, valued at approximately $101,265.22. The trade was a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last 90 days, insiders have bought 1,484 shares of company stock worth $417,157. Company insiders own 0.27% of the company's stock.

International Business Machines Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.