Farther Finance Advisors LLC Buys 3,576 Shares of International Business Machines Corporation $IBM

Key Points

• Farther Finance Advisors increased its IBM position by 5.6% in the third quarter, adding 3,576 shares to hold 67,827 shares valued at approximately $14.9 million. Other institutional investors also raised their stakes, with institutions collectively owning 58.96% of IBM.
• IBM’s outlook includes potential catalysts from quantum computing, AI and consulting. The company advanced to the final stage of DARPA’s quantum-computing initiative, launched an SAP modernization offering, and is expected to report third-quarter results on October 21.
• Execution risks remain despite a “Moderate Buy” consensus rating. IBM has faced delayed large deals, possible customer attrition in VMware services, and analyst price-target cuts; the stock was recently trading at $226.70, below its 50-day and 200-day moving averages, while paying a 3.0% dividend yield.

Farther Finance Advisors LLC raised its holdings in International Business Machines Corporation (NYSE:IBM - Free Report) by 5.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 67,827 shares of the technology company's stock after purchasing an additional 3,576 shares during the quarter. Farther Finance Advisors LLC's holdings in International Business Machines were worth $14,917,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of IBM. CoreCap Advisors LLC raised its holdings in shares of International Business Machines by 7.6% during the third quarter. CoreCap Advisors LLC now owns 41,308 shares of the technology company's stock valued at $9,085,000 after acquiring an additional 2,916 shares during the last quarter. Hamlin Capital Management LLC boosted its stake in shares of International Business Machines by 24.5% in the third quarter. Hamlin Capital Management LLC now owns 241,311 shares of the technology company's stock worth $53,072,000 after acquiring an additional 47,562 shares during the last quarter. YHB Investment Advisors Inc. increased its position in shares of International Business Machines by 4.3% during the third quarter. YHB Investment Advisors Inc. now owns 4,989 shares of the technology company's stock worth $1,097,000 after purchasing an additional 207 shares in the last quarter. Gradient Investments LLC raised its stake in International Business Machines by 61.8% in the 3rd quarter. Gradient Investments LLC now owns 82,749 shares of the technology company's stock valued at $18,199,000 after purchasing an additional 31,592 shares during the last quarter. Finally, Valeo Financial Advisors LLC lifted its holdings in International Business Machines by 3.3% in the 3rd quarter. Valeo Financial Advisors LLC now owns 16,155 shares of the technology company's stock valued at $3,553,000 after purchasing an additional 512 shares in the last quarter. Hedge funds and other institutional investors own 58.96% of the company's stock.

Key International Business Machines News

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

• Positive Sentiment: Quantum computing milestone: IBM advanced to Stage C, the final phase of DARPA’s Quantum Benchmarking Initiative. Independent experts will test IBM’s hardware, architecture and systems engineering, providing important third-party validation of its roadmap toward a fault-tolerant quantum computer. IBM is targeting 2029 for that milestone. IBM Advances to Stage C of DARPA Quantum Benchmarking Initiative
• Positive Sentiment: AI and consulting recovery hopes: Coverage argues IBM’s valuation has become more attractive following its recent decline, while a rebound in consulting demand and continued hybrid-cloud and AI adoption could support growth. IBM’s self-hosted “Bob” AI offering also targets customers that require secure, customer-managed infrastructure. IBM’s Valuation is Getting Interesting as AI and Consulting Rebound
• Positive Sentiment: Enterprise partnerships: IBM launched IBM Ready for SAP Solutions, combining its consulting capabilities with SAP cloud ERP to help midsize companies modernize operations and prepare their data for AI. The offering adds a potential channel for consulting and cloud-related revenue. IBM Teams Up with SAP
• Neutral Sentiment: Upcoming earnings: IBM will report third-quarter 2026 results on October 21, giving investors a near-term catalyst to assess whether delayed large deals have begun returning and whether AI and consulting growth are improving. IBM Third-Quarter 2026 Results Announcement
• Negative Sentiment: Execution concerns remain: Analysts highlighted IBM’s recent underperformance and the risk that a slowdown could persist after tens of large deals failed to close on time in the second quarter. Management said customers delayed rather than canceled those deals, but the timing of a recovery remains uncertain. What Happens To IBM Stock If Its Slowdown Lasts?
• Negative Sentiment: Customer attrition in VMware services: 11:11 Systems acquired select IBM VMware Cloud Service Provider enterprise customers. The transaction may modestly pressure IBM’s managed infrastructure and VMware-related business, although the financial impact was not disclosed. 11:11 Systems Acquires Select IBM VMware Cloud Service Provider Enterprise Customers

International Business Machines Stock Up 2.8%

NYSE IBM opened at $226.70 on Friday. The business's fifty day simple moving average is $232.24 and its 200-day simple moving average is $244.09. The company has a quick ratio of 0.74, a current ratio of 0.79 and a debt-to-equity ratio of 1.63. The firm has a market cap of $213.58 billion, a PE ratio of 20.12, a P/E/G ratio of 2.10 and a beta of 0.73. International Business Machines Corporation has a 52 week low of $199.19 and a 52 week high of $332.46.

International Business Machines (NYSE:IBM - Get Free Report) last announced its quarterly earnings data on Wednesday, July 22nd. The technology company reported $2.93 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $2.93. International Business Machines had a net margin of 15.52% and a return on equity of 35.65%. The firm had revenue of $17.16 billion during the quarter, compared to analyst estimates of $17.46 billion. During the same quarter in the prior year, the firm posted $2.80 earnings per share. International Business Machines's quarterly revenue was up 1.1% on a year-over-year basis. As a group, equities analysts anticipate that International Business Machines Corporation will post 12.33 earnings per share for the current year.

International Business Machines Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Monday, August 10th were paid a $1.69 dividend. The ex-dividend date of this dividend was Monday, August 10th. This represents a $6.76 annualized dividend and a dividend yield of 3.0%. International Business Machines's dividend payout ratio is 59.98%.

Analyst Ratings Changes

Several brokerages have issued reports on IBM. Citic Securities lifted their target price on shares of International Business Machines from $294.00 to $297.00 and gave the stock a "buy" rating in a research note on Wednesday, July 29th. Stifel Nicolaus decreased their price target on shares of International Business Machines from $290.00 to $235.00 and set a "buy" rating on the stock in a research note on Monday, July 20th. Oppenheimer lowered shares of International Business Machines from an "outperform" rating to a "market perform" rating in a research report on Wednesday, July 15th. Barclays cut their price objective on shares of International Business Machines from $288.00 to $262.00 and set an "overweight" rating for the company in a report on Thursday, July 23rd. Finally, Royal Bank Of Canada reissued an "outperform" rating and issued a $270.00 target price (down from $300.00) on shares of International Business Machines in a research note on Tuesday, July 21st. Eighteen equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $253.52.

Insider Activity

In other news, SVP Robert Thomas sold 25,000 shares of the firm's stock in a transaction that occurred on Wednesday, August 26th. The shares were sold at an average price of $230.32, for a total transaction of $5,758,000.00. Following the completion of the sale, the senior vice president owned 47,800 shares in the company, valued at $11,009,296. This trade represents a 34.34% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.27% of the stock is owned by corporate insiders.

International Business Machines Profile

International Business Machines Corporation NYSE: IBM, commonly known as IBM, is a global technology company that provides hybrid cloud, artificial intelligence, software, consulting and infrastructure solutions. Its offerings help businesses and government organizations manage data, modernize applications, automate processes and improve cybersecurity.

IBM's portfolio includes the Red Hat hybrid cloud platform, the watsonx suite of artificial intelligence and data tools, consulting services, and enterprise software for areas such as automation, application management, security and asset management.

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