CIBC Private Wealth Group LLC Acquires 19,885 Shares of International Business Machines Corporation $IBM

Key Points

• CIBC Private Wealth Group LLC increased its stake in IBM by 4.2% in Q3, buying 19,885 shares to hold 495,792 shares worth about $139.9 million (≈0.05% of the company).
• IBM completed its roughly $11 billion Confluent acquisition and expanded its collaboration with NVIDIA to integrate GPUs across IBM Cloud and Red Hat AI Factory, strengthening its data‑to‑AI and hybrid cloud positioning while creating near‑term integration and leverage risks.
• IBM beat Q4 expectations (EPS $4.52 vs. $4.33; revenue $19.69B vs. $19.23B), has received analyst upgrades leading to a consensus "Moderate Buy" and ~$320.87 target, and pays a $6.72 annual dividend (yield ~2.6%).

CIBC Private Wealth Group LLC increased its holdings in shares of International Business Machines Corporation (NYSE:IBM - Free Report) by 4.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 495,792 shares of the technology company's stock after purchasing an additional 19,885 shares during the period. CIBC Private Wealth Group LLC owned approximately 0.05% of International Business Machines worth $139,893,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in IBM. CIBC Bancorp USA Inc. acquired a new position in International Business Machines in the third quarter valued at approximately $38,752,000. Maple Capital Management Inc. grew its position in shares of International Business Machines by 4.0% during the 3rd quarter. Maple Capital Management Inc. now owns 3,205 shares of the technology company's stock worth $904,000 after buying an additional 122 shares during the period. Oarsman Capital Inc. grew its position in shares of International Business Machines by 2.4% during the 3rd quarter. Oarsman Capital Inc. now owns 13,615 shares of the technology company's stock worth $3,842,000 after buying an additional 318 shares during the period. Ariadne Wealth Management LP increased its stake in shares of International Business Machines by 10.5% in the 3rd quarter. Ariadne Wealth Management LP now owns 2,142 shares of the technology company's stock valued at $657,000 after acquiring an additional 204 shares in the last quarter. Finally, WBI Investments LLC acquired a new position in shares of International Business Machines during the 3rd quarter valued at $348,000. 58.96% of the stock is currently owned by institutional investors.

Key International Business Machines News

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

• Positive Sentiment: IBM completed its acquisition of Confluent (roughly $11B), and management announced immediate integrations with watsonx.data, IBM MQ, webMethods and IBM Z to make real‑time streaming data a core for enterprise AI—this strengthens IBM’s data-to-AI stack and supports revenue/ARR growth prospects. IBM Completes Acquisition of Confluent
• Positive Sentiment: IBM expanded its collaboration with NVIDIA to integrate GPUs across IBM Cloud, Red Hat AI Factory and on‑prem/regulatory environments—this addresses a major bottleneck for customers moving AI pilots to production and reinforces IBM’s hybrid cloud + AI positioning. IBM Announces Expanded Collaboration with NVIDIA
• Positive Sentiment: Wedbush reiterated an Outperform rating and raised its $340 target, highlighting IBM’s enterprise positioning and estimate revisions—analyst support adds conviction to the rally and potential upside. Wedbush Outperform on IBM
• Neutral Sentiment: Coverage notes IBM’s quantum computing blueprint for hybrid quantum‑classical systems, which could be strategically important long term but remains uncertain for near‑term revenue impact. This underscores tech leadership but is a multi‑year story. The New Threat IBM's Quantum Computing Research Poses to D-Wave
• Neutral Sentiment: Market commentary explains recent outperformance as a mix of deal flow, AI partnerships, and solid quarterly results (better‑than‑expected EPS/revenue in Q4), which support momentum but don’t eliminate macro or competitive risks. Why IBM Outpaced the Stock Market Today
• Negative Sentiment: The Confluent deal’s $11B price tag and integration risk create near‑term execution and leverage concerns—investors should watch cash flow impacts, potential restructuring costs, and how quickly Confluent contributes to margins and ARR. IBM Closes $11 Billion Deal for Confluent

Insider Activity

In related news, Director Michael Miebach acquired 434 shares of the firm's stock in a transaction on Wednesday, February 25th. The stock was purchased at an average cost of $233.33 per share, with a total value of $101,265.22. Following the acquisition, the director owned 434 shares of the company's stock, valued at approximately $101,265.22. This trade represents a ∞ increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director David N. Farr acquired 1,000 shares of the stock in a transaction dated Friday, January 30th. The stock was bought at an average cost of $304.00 per share, with a total value of $304,000.00. Following the completion of the purchase, the director owned 9,258 shares of the company's stock, valued at approximately $2,814,432. The trade was a 12.11% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last ninety days, insiders purchased 1,484 shares of company stock worth $417,157. 0.27% of the stock is owned by insiders.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. Dbs Bank raised shares of International Business Machines from a "hold" rating to a "moderate buy" rating in a research note on Monday, January 19th. Evercore lifted their price target on shares of International Business Machines from $330.00 to $345.00 and gave the company an "outperform" rating in a research note on Thursday, January 29th. Bank of America upped their price objective on shares of International Business Machines from $315.00 to $335.00 and gave the company a "buy" rating in a report on Tuesday, January 13th. BMO Capital Markets restated a "market perform" rating and issued a $350.00 target price on shares of International Business Machines in a research note on Thursday, January 29th. Finally, Erste Group Bank lowered International Business Machines from a "buy" rating to a "hold" rating in a research report on Wednesday, February 18th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $320.87.

International Business Machines Stock Performance

NYSE IBM opened at $256.28 on Wednesday. The company has a market cap of $240.40 billion, a P/E ratio of 22.98, a PEG ratio of 2.50 and a beta of 0.73. The company has a fifty day simple moving average of $274.98 and a 200 day simple moving average of $284.96. The company has a current ratio of 0.96, a quick ratio of 0.92 and a debt-to-equity ratio of 1.67. International Business Machines Corporation has a 12-month low of $214.50 and a 12-month high of $324.90.

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

International Business Machines Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Tuesday, February 10th were issued a $1.68 dividend. This represents a $6.72 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date was Tuesday, February 10th. International Business Machines's dividend payout ratio is currently 60.27%.

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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