Dara Capital US Inc. Takes $929,000 Position in International Business Machines Corporation $IBM

Key Points

• Dara Capital US Inc. purchased a new stake of 3,137 shares in IBM in the fourth quarter valued at approximately $929,000.
• Analysts have a consensus rating of “Moderate Buy” with an average target price of $309.63, and several firms (Bank of America, Wedbush, Jefferies, DBS) have recently upgraded or raised targets citing AI and quantum growth potential.
• IBM faces a regulatory setback — the DOJ said it will pay $17 million to settle discrimination allegations — even as the company beat recent quarterly EPS and revenue estimates and pays a $1.68 quarterly dividend (about a 2.9% yield).

Dara Capital US Inc. purchased a new stake in shares of International Business Machines Corporation (NYSE:IBM - Free Report) in the fourth quarter, according to its most recent 13F filing with the SEC. The fund purchased 3,137 shares of the technology company's stock, valued at approximately $929,000.

Other hedge funds have also recently made changes to their positions in the company. Mountain Hill Investment Partners Corp. purchased a new position in shares of International Business Machines during the 3rd quarter valued at $28,000. SWAN Capital LLC bought a new position in International Business Machines in the third quarter valued at $28,000. Trifecta Capital Advisors LLC increased its stake in International Business Machines by 129.1% in the third quarter. Trifecta Capital Advisors LLC now owns 126 shares of the technology company's stock valued at $36,000 after acquiring an additional 71 shares during the last quarter. American Wealth Advisors LLC bought a new position in International Business Machines in the third quarter valued at $40,000. Finally, Maseco LLP bought a new position in International Business Machines in the fourth quarter valued at $53,000. 58.96% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

IBM has been the topic of a number of research analyst reports. Dbs Bank raised International Business Machines from a "hold" rating to a "moderate buy" rating in a research note on Monday, January 19th. Bank of America increased their target price on International Business Machines from $315.00 to $335.00 and gave the company a "buy" rating in a research note on Tuesday, January 13th. Weiss Ratings reissued a "buy (b)" rating on shares of International Business Machines in a research note on Thursday, January 22nd. Wedbush reissued an "outperform" rating and issued a $340.00 target price on shares of International Business Machines in a research note on Tuesday, February 24th. Finally, Jefferies Financial Group reissued a "buy" rating on shares of International Business Machines in a research note on Monday, February 23rd. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and eight have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $309.63.

International Business Machines News Roundup

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

• Positive Sentiment: Citi initiated coverage with a Buy and a $285 price target, arguing IBM has meaningful AI growth potential plus upside from its mainframe and quantum businesses — the call highlights a ~23% upside vs. current levels. Citi Analyst Upgrades IBM (IBM) Stock with $285 Target on AI Growth Potential
• Positive Sentiment: Multiple outlets and analysts echoed a bullish view (Barron's, TipRanks/MSN coverage), noting IBM’s ability to navigate technology cycles and the potential for earnings leverage from AI and enterprise offerings — these narratives support longer-term upside despite 2026 weakness. IBM Stock Is Having Its Worst Year Since 2002. Here's Why It Just Got a Buy Rating.
• Neutral Sentiment: IBM is participating in industry moves around AI patent sharing (the SAIL initiative), which could reshape competitive dynamics and reduce friction for model development — a longer‑term strategic development that may affect moat but has uncertain near-term revenue impact. IBM’s SAIL Move Reframes AI Patent Sharing And Long Term Moat
• Neutral Sentiment: Coverage on quantum computing ETFs and IBM’s expanded quantum roadmap highlights a structural growth story; this is positive for long-term optionality but remains developmental and unlikely to drive near-term earnings. The Quantum Computing ETF That Could Be Bigger Than AI, and 2 Tech Funds Riding the Same Wave
• Negative Sentiment: The U.S. Department of Justice said IBM will pay $17 million to settle allegations related to discriminatory DEI hiring practices — a reputational and regulatory event that adds near‑term legal cost and scrutiny (though the monetary amount is small relative to revenue). IBM to pay $17 million to settle discrimination allegations, DOJ says
• Negative Sentiment: Short-term technical and sentiment pressure: the stock has underperformed peers recently and faced at least one analyst downgrade and intraday selling, which compounds downside momentum despite bullish reports. International Business Machines NYSE: IBM Trading Down 1.4% Following Analyst Downgrade

International Business Machines Stock Performance

NYSE IBM opened at $230.68 on Friday. The firm has a market cap of $216.39 billion, a price-to-earnings ratio of 20.69, a PEG ratio of 2.30 and a beta of 0.69. The company has a 50-day simple moving average of $254.23 and a two-hundred day simple moving average of $283.09. The company has a quick ratio of 0.92, a current ratio of 0.96 and a debt-to-equity ratio of 1.67. International Business Machines Corporation has a 12-month low of $220.72 and a 12-month high of $324.90.

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

International Business Machines Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 10th were paid a dividend of $1.68 per share. This represents a $6.72 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend was Tuesday, February 10th. International Business Machines's dividend payout ratio is 60.27%.

Insider Activity

In other news, Director David N. Farr acquired 1,000 shares of the stock in a transaction dated Friday, January 30th. The stock was purchased 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 in the company, valued at approximately $2,814,432. The trade was a 12.11% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Michael Miebach acquired 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 completion of the purchase, the director owned 434 shares of the company's stock, valued at approximately $101,265.22. The trade was a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last ninety days, insiders have bought 1,484 shares of company stock valued at $417,157. Insiders own 0.27% of the company's stock.

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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