Generali Asset Management SPA SGR Grows Position in International Business Machines Corporation $IBM

Generali Asset Management SPA SGR raised its holdings in shares of International Business Machines Corporation (NYSE:IBM - Free Report) by 16.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 84,445 shares of the technology company's stock after buying an additional 12,224 shares during the period. Generali Asset Management SPA SGR's holdings in International Business Machines were worth $25,013,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of IBM. Vanguard Group Inc. lifted its position in shares of International Business Machines by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 97,216,131 shares of the technology company's stock worth $28,796,390,000 after purchasing an additional 1,439,824 shares in the last quarter. Capital World Investors lifted its position in shares of International Business Machines by 13.9% during the third quarter. Capital World Investors now owns 17,045,156 shares of the technology company's stock worth $4,809,461,000 after purchasing an additional 2,077,506 shares in the last quarter. Legal & General Group Plc raised its holdings in International Business Machines by 2.5% in the third quarter. Legal & General Group Plc now owns 7,302,722 shares of the technology company's stock valued at $2,060,536,000 after acquiring an additional 176,219 shares in the last quarter. Amundi raised its holdings in International Business Machines by 17.9% in the third quarter. Amundi now owns 4,777,516 shares of the technology company's stock valued at $1,382,695,000 after acquiring an additional 725,191 shares in the last quarter. Finally, Invesco Ltd. raised its holdings in International Business Machines by 2.2% in the third quarter. Invesco Ltd. now owns 3,921,228 shares of the technology company's stock valued at $1,106,414,000 after acquiring an additional 86,123 shares in the last quarter. 58.96% of the stock is owned by institutional investors and hedge funds.

International Business Machines News Summary

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

• Positive Sentiment: IBM showcased AI productivity gains and quantum milestones at its Think 2026 conference, citing large developer productivity lifts and messaging that “quantum advantage” may be within reach — this supports upside to IBM’s software, services and quantum growth narratives. IBM touts AI productivity gains and quantum milestones at Think conference
• Positive Sentiment: IBM Consulting announced expanded AI capabilities and new IBM Enterprise Advantage assets to accelerate hybrid‑AI deployments for regulated and enterprise customers — a clear revenue/upsell catalyst for consulting and recurring software services. IBM Consulting Expands AI Capabilities
• Positive Sentiment: Analyst support persists: Wedbush reaffirmed an “outperform” stance with a $320 target, signaling continued institutional conviction in IBM’s AI/quantum roadmap despite recent weakness. Wedbush reaffirms outperform
• Positive Sentiment: Rising investor interest in quantum-computing ETFs and thematic flows strengthens the investment narrative for firms with quantum roadmaps (including IBM), helping sentiment toward IBM’s longer-term growth vectors. Why to Bet on Quantum Computing ETFs Now
• Neutral Sentiment: Royal Bank of Canada trimmed its price target from $330 to $300 but kept an “outperform” rating — a mixed signal (lower target but still bullish), so watch revisions rather than headlines. RBC lowers price target
• Neutral Sentiment: Kyndryl’s announced cuts and weaker forecast are in the news; outcomes at Kyndryl can indirectly affect IBM’s service/partner dynamics but are not an immediate earnings driver for IBM. Kyndryl plans job cuts, forecasts below estimates
• Negative Sentiment: Longer‑term performance concern: coverage pieces note IBM is down ~27% over six months and highlight competitive pressure from agentic models (e.g., Anthropic’s Claude Code) that could erode legacy mainframe and middleware revenues — this explains part of the recent selloff and investor wariness. IBM Plummets 27% in 6 Months

Wall Street Analysts Forecast Growth

IBM has been the subject of several recent research reports. BMO Capital Markets lowered their target price on shares of International Business Machines from $290.00 to $270.00 and set a "market perform" rating for the company in a research note on Thursday, April 23rd. DZ Bank upgraded shares of International Business Machines from a "hold" rating to a "buy" rating and set a $295.00 target price for the company in a research report on Friday, April 24th. Citigroup assumed coverage on shares of International Business Machines in a research report on Friday, April 10th. They issued a "buy" rating and a $285.00 target price for the company. Dbs Bank raised shares of International Business Machines from a "hold" rating to a "moderate buy" rating in a report on Monday, January 19th. Finally, HSBC raised shares of International Business Machines from a "reduce" rating to a "hold" rating and upped their price objective for the company from $218.00 to $231.00 in a research note on Tuesday, April 28th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $294.41.

International Business Machines Price Performance

NYSE IBM opened at $231.23 on Friday. The company has a 50 day simple moving average of $243.05 and a 200-day simple moving average of $277.83. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.80 and a quick ratio of 0.76. The firm has a market capitalization of $217.33 billion, a price-to-earnings ratio of 20.44, a price-to-earnings-growth ratio of 2.34 and a beta of 0.58. International Business Machines Corporation has a 52-week low of $220.72 and a 52-week high of $324.90.

International Business Machines (NYSE:IBM - Get Free Report) last issued its quarterly earnings data on Wednesday, April 22nd. The technology company reported $1.91 earnings per share for the quarter, beating the consensus estimate of $1.81 by $0.10. The firm had revenue of $15.92 billion for the quarter, compared to analyst estimates of $15.60 billion. International Business Machines had a net margin of 15.61% and a return on equity of 37.23%. The company's revenue for the quarter was up 9.5% on a year-over-year basis. During the same quarter last year, the firm earned $1.60 earnings per share. Equities research analysts predict that International Business Machines Corporation will post 12.4 earnings per share for the current fiscal year.

International Business Machines Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Friday, May 8th will be given a dividend of $1.69 per share. The ex-dividend date of this dividend is Friday, May 8th. This is a boost from International Business Machines's previous quarterly dividend of $1.68. This represents a $6.76 annualized dividend and a yield of 2.9%. International Business Machines's payout ratio is 59.42%.

Insider Buying and Selling

In related news, Director Michael Miebach purchased 434 shares of the stock in a transaction on Wednesday, February 25th. The shares were bought at an average price of $233.33 per share, for a total transaction of $101,265.22. Following the completion of the acquisition, the director directly owned 434 shares in the company, valued at approximately $101,265.22. This trade represents a ∞ increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.27% of the stock is currently owned by company insiders.

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.

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