Douglas Lane & Associates LLC Sells 18,849 Shares of International Business Machines Corporation $IBM

Key Points

• Douglas Lane & Associates trimmed its IBM stake by 11.2%, selling 18,849 shares in Q4 and now holds 149,189 shares valued at about $44.19 million.
• Insider buying was notable: Director Michael Miebach bought 434 shares at $233.33 and Director David N. Farr bought 1,000 shares at $304, with insiders purchasing 1,484 shares (~$417,157) over the last 90 days.
• Analyst and results snapshot: IBM beat Q4 EPS estimates ($4.52 vs. $4.33) with revenue up 12.2% to $19.69B, and holds a consensus "Moderate Buy" rating with an average target of $311.27 despite some recent target cuts.

Douglas Lane & Associates LLC trimmed its holdings in shares of International Business Machines Corporation (NYSE:IBM - Free Report) by 11.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 149,189 shares of the technology company's stock after selling 18,849 shares during the quarter. Douglas Lane & Associates LLC's holdings in International Business Machines were worth $44,191,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in IBM. Mountain Hill Investment Partners Corp. purchased a new stake in shares of International Business Machines during the 3rd quarter valued at about $28,000. SWAN Capital LLC purchased a new stake in shares of International Business Machines during the 3rd quarter valued at about $28,000. Trifecta Capital Advisors LLC raised its position in shares of International Business Machines by 129.1% during the 3rd quarter. Trifecta Capital Advisors LLC now owns 126 shares of the technology company's stock valued at $36,000 after buying an additional 71 shares in the last quarter. American Wealth Advisors LLC purchased a new stake in shares of International Business Machines during the 3rd quarter valued at about $40,000. Finally, Maseco LLP purchased a new stake in shares of International Business Machines during the 4th quarter valued at about $53,000. 58.96% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on IBM shares. Argus set a $360.00 target price on shares of International Business Machines in a research report on Friday, January 30th. Erste Group Bank cut shares of International Business Machines from a "buy" rating to a "hold" rating in a research report on Wednesday, February 18th. UBS Group upgraded shares of International Business Machines from a "sell" rating to a "neutral" rating and set a $236.00 target price on the stock in a research report on Wednesday, February 25th. Weiss Ratings restated a "buy (b)" rating on shares of International Business Machines in a research report on Thursday, January 22nd. Finally, Morgan Stanley reduced their price objective on shares of International Business Machines from $304.00 to $247.00 and set an "equal weight" rating on the stock in a research report on Wednesday, February 25th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat, International Business Machines presently has a consensus rating of "Moderate Buy" and an average target price of $311.27.

International Business Machines News Summary

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

• Positive Sentiment: IBM helped launch the Shared AI License Foundation (SAIL), a cross‑industry patent-sharing framework for foundation models. This could strengthen IBM’s long‑term AI moat, reduce litigation/friction for deploying models, and speed commercial adoption of IBM’s tooling and services. IBM’s SAIL Move Reframes AI Patent Sharing And Long Term Moat
• Positive Sentiment: Recent insider purchases (several executives bought shares in the past six months) are a constructive signal about management’s view of the stock at current levels. $IBM stock is down 3% today. Here's what we see in our data.
• Neutral Sentiment: Institutional holdings are mixed: some large managers (e.g., Capital World Investors, T. Rowe) added material positions while others (notably a large UBS unit) trimmed drastically. This creates offsetting demand/supply dynamics for the stock. $IBM stock is down 3% today. Here's what we see in our data.
• Neutral Sentiment: IBM set its Q1 2026 earnings/call for April 22 — an event that will likely drive near‑term volatility as investors reassess growth and margin trends. IBM to Announce First-Quarter 2026 Financial Results
• Negative Sentiment: Analysts have trimmed price targets (Stifel moved its target down to $290 from $340), citing currency and geopolitical/conflict headwinds — this can pressure sentiment and reduce near‑term upside expectations. Stifel Resets IBM Stock Price Target Ahead of Earnings
• Negative Sentiment: The stock is down today and has shown short‑term weakness in recent sessions; higher trading volume accompanies the drop, indicating conviction behind the selloff. This immediate technical pressure can amplify downside ahead of the earnings call. $IBM stock is down 3% today. Here's what we see in our data. IBM (IBM) Stock Declines While Market Improves

Insider Buying and Selling

In related news, Director Michael Miebach bought 434 shares of International Business Machines stock in a transaction dated Wednesday, February 25th. The shares were acquired at an average cost of $233.33 per share, with a total value of $101,265.22. Following the completion of the transaction, the director owned 434 shares in the company, valued at $101,265.22. The trade was a ∞ increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director David N. Farr bought 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 transaction, the director owned 9,258 shares of the company's stock, valued at approximately $2,814,432. This trade represents a 12.11% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last ninety days, insiders have bought 1,484 shares of company stock worth $417,157. Corporate insiders own 0.27% of the company's stock.

International Business Machines Stock Performance

International Business Machines stock opened at $237.31 on Friday. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.96 and a quick ratio of 0.92. International Business Machines Corporation has a 1-year low of $220.72 and a 1-year high of $324.90. The firm has a market capitalization of $222.61 billion, a P/E ratio of 21.28, a price-to-earnings-growth ratio of 2.41 and a beta of 0.69. The company's 50-day moving average is $255.75 and its 200 day moving average is $283.31.

International Business Machines (NYSE:IBM - Get Free Report) last posted its quarterly earnings data on Wednesday, January 28th. The technology company reported $4.52 earnings per share for the quarter, topping analysts' consensus estimates 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 company had revenue of $19.69 billion for the quarter, compared to analyst estimates of $19.23 billion. During the same period in the prior year, the company posted $3.92 EPS. The firm's revenue for the quarter was up 12.2% on a year-over-year basis. Research analysts forecast that International Business Machines Corporation will post 10.78 EPS for the current year.

International Business Machines Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 10th were given a dividend of $1.68 per share. The ex-dividend date of this dividend was Tuesday, February 10th. This represents a $6.72 dividend on an annualized basis and a dividend yield of 2.8%. International Business Machines's dividend payout ratio (DPR) is 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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