Farther Finance Advisors LLC Grows Stake in International Business Machines Corporation $IBM

Key Points

• Farther Finance Advisors LLC boosted its stake in IBM by 63.8%, buying an additional 20,318 shares in Q4 to hold 52,169 shares valued at about $15,453,000.
• Analyst sentiment is mixed but tilted positive: Citigroup initiated coverage with a Buy and $285 target, Evercore and others raised targets, and the MarketBeat consensus target is about $307.63 (majority ratings: 11 Buy, 8 Hold).
• IBM showed improving fundamentals—Q4 EPS of $4.52 beat estimates and revenue rose 12.2% to $19.69B, with the Confluent deal expected to add roughly $50M to Q1 revenue—but faces headline risk after agreeing to pay $17M to settle a DOJ probe into its DEI practices.

Farther Finance Advisors LLC increased its stake in shares of International Business Machines Corporation (NYSE:IBM - Free Report) by 63.8% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 52,169 shares of the technology company's stock after purchasing an additional 20,318 shares during the period. Farther Finance Advisors LLC's holdings in International Business Machines were worth $15,453,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Family CFO Inc purchased a new position in shares of International Business Machines in the fourth quarter valued at approximately $25,000. Mountain Hill Investment Partners Corp. purchased a new stake in shares of International Business Machines during the third quarter worth approximately $28,000. SWAN Capital LLC purchased a new stake in shares of International Business Machines during the third quarter worth approximately $28,000. Trifecta Capital Advisors LLC raised its stake in International Business Machines by 129.1% in the 3rd quarter. Trifecta Capital Advisors LLC now owns 126 shares of the technology company's stock valued at $36,000 after purchasing an additional 71 shares during the last quarter. Finally, American Wealth Advisors LLC acquired a new position in International Business Machines in the 3rd quarter valued at $40,000. 58.96% of the stock is owned by hedge funds and other institutional investors.

International Business Machines News Summary

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, providing a clear catalyst for upside and framing a near-term re-rating case. Why Citi Analysts Are Betting IBM Stock Can Gain Nearly 20% From Here
• Positive Sentiment: Bank of America sees IBM’s recently closed Confluent acquisition contributing roughly $50M to Q1 revenue and expects an in-line quarter with management able to offset near-term dilution—this reduces execution risk around upcoming results. IBM set for in-line Q1 as Confluent deal boosts outlook
• Positive Sentiment: Industry research and product moves highlight IBM as a key player in AI infrastructure and evaluation tooling, supporting longer-term growth opportunities in generative/responsible AI and storage innovations. AI Model Evaluation Platform Market Report
• Neutral Sentiment: Market commentary notes IBM “gained but lagged the market” today and remains a trending stock for retail attention—useful for gauging short-term momentum but not a directional driver by itself. Here's Why IBM Gained But Lagged the Market Today
• Neutral Sentiment: Some analysts retain neutral/hold stances (Morgan Stanley maintained a Hold), implying limited near-term re-rating potential despite beat/raise prospects. IBM: Near-Term Beat Potential but Limited Re-Rating Upside
• Negative Sentiment: IBM agreed to pay $17M to settle a DOJ probe into its DEI practices — a reputational/legal overhang that adds headline risk even if the cash amount is small relative to IBM’s market cap. IBM pays $17M fine to end DOJ suit over DEI programs
• Negative Sentiment: Prospera Financial’s 13F showed a roughly 50% cut to its IBM position (~$11.7M change), a small sign of institutional trimming that can pressure sentiment if others follow. Fund Update: Prospera Financial Services Inc Just Disclosed New Holdings
• Negative Sentiment: Some headlines highlighted sharp intraday swings and negative takes (e.g., coverage framing a big drop), underscoring volatility risk around analyst notes and media narratives. International Business Machines (IBM) Stock Tumbles 22% as Citi Analyst Sets $285 Price Target

Analysts Set New Price Targets

IBM has been the topic of several recent research reports. Citigroup began coverage on shares of International Business Machines in a research note on Friday, April 10th. They set a "buy" rating and a $285.00 target price on the stock. Evercore raised their price target on shares of International Business Machines from $330.00 to $345.00 and gave the stock an "outperform" rating in a research note on Thursday, January 29th. UBS Group raised shares of International Business Machines from a "sell" rating to a "neutral" rating and set a $236.00 price objective for the company in a research note on Wednesday, February 25th. Stifel Nicolaus decreased their target price on shares of International Business Machines from $340.00 to $290.00 and set a "buy" rating on the stock in a research note on Wednesday, April 8th. Finally, Wall Street Zen cut International Business Machines from a "buy" rating to a "hold" rating in a report on Sunday, January 11th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $307.63.

Insider Buying and Selling

In other International Business Machines news, Director David N. Farr acquired 1,000 shares of the stock in a transaction that occurred on Friday, January 30th. The stock was 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. The trade was a 12.11% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Michael Miebach purchased 434 shares of the firm's stock in a transaction dated Wednesday, February 25th. The stock was acquired at an average cost of $233.33 per share, for a total transaction of $101,265.22. Following the purchase, the director owned 434 shares in the company, valued at approximately $101,265.22. The trade was a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders purchased 1,484 shares of company stock worth $417,157 over the last quarter. 0.27% of the stock is currently owned by insiders.

International Business Machines Trading Up 1.0%

Shares of IBM stock opened at $240.28 on Wednesday. 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 twelve month low of $220.72 and a twelve month high of $324.90. The company's 50-day moving average price is $251.61 and its 200-day moving average price is $282.58. The stock has a market cap of $225.39 billion, a price-to-earnings ratio of 21.55, a PEG ratio of 2.38 and a beta of 0.69.

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 (EPS) 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 during the quarter, compared to analysts' expectations of $19.23 billion. During the same period last year, the business earned $3.92 earnings per share. International Business Machines's revenue was up 12.2% compared to the same quarter last year. As a group, equities analysts predict that International Business Machines Corporation will post 10.78 earnings per share for the current year.

International Business Machines Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Tuesday, February 10th were issued a $1.68 dividend. The ex-dividend date was Tuesday, February 10th. This represents a $6.72 dividend on an annualized basis and a yield of 2.8%. International Business Machines's dividend payout ratio is currently 60.27%.

International Business Machines 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.