Greenwood Capital Associates LLC Acquires 9,104 Shares of International Business Machines Corporation $IBM

Greenwood Capital Associates LLC boosted its holdings in shares of International Business Machines Corporation (NYSE:IBM - Free Report) by 18.8% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 57,594 shares of the technology company's stock after acquiring an additional 9,104 shares during the quarter. International Business Machines accounts for 1.6% of Greenwood Capital Associates LLC's portfolio, making the stock its 11th biggest holding. Greenwood Capital Associates LLC's holdings in International Business Machines were worth $16,196,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Basepoint Wealth LLC bought a new position in shares of International Business Machines in the fourth quarter worth about $25,000. Portus Wealth Advisors LLC bought a new position in International Business Machines in the 1st quarter worth about $26,000. Harborfront Financial Group LLC purchased a new position in shares of International Business Machines during the second quarter worth approximately $27,000. Cornerstone Financial Management LLC bought a new stake in shares of International Business Machines during the fourth quarter valued at approximately $28,000. Finally, Hara Capital LLC purchased a new stake in shares of International Business Machines in the second quarter valued at approximately $28,000. Hedge funds and other institutional investors own 58.96% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on IBM shares. Bank of America lifted their target price on International Business Machines from $315.00 to $330.00 and gave the company a "buy" rating in a research report on Monday, July 6th. Morgan Stanley cut their price target on International Business Machines from $293.00 to $190.00 and set an "equal weight" rating on the stock in a research note on Thursday, July 23rd. Craig Hallum started coverage on International Business Machines in a report on Wednesday, August 19th. They issued a "buy" rating for the company. Wedbush set a $350.00 price objective on shares of International Business Machines in a research note on Tuesday, June 2nd. Finally, HSBC set a $175.00 target price on shares of International Business Machines and gave the stock a "reduce" rating in a report on Thursday, July 16th. Sixteen investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $265.90.

Insider Buying and Selling at International Business Machines

In other news, SVP Robert Thomas sold 25,000 shares of the business's stock in a transaction dated Wednesday, August 26th. The stock was sold at an average price of $230.32, for a total transaction of $5,758,000.00. Following the sale, the senior vice president owned 47,800 shares in the company, valued at approximately $11,009,296. The trade was a 34.34% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.27% of the company's stock.

International Business Machines Stock Performance

Shares of IBM stock opened at $243.14 on Friday. International Business Machines Corporation has a 12-month low of $199.19 and a 12-month high of $332.46. The business's fifty day simple moving average is $236.88 and its 200-day simple moving average is $246.36. The company has a current ratio of 0.79, a quick ratio of 0.74 and a debt-to-equity ratio of 1.63. The company has a market cap of $229.07 billion, a PE ratio of 21.57, a PEG ratio of 2.23 and a beta of 0.71.

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

International Business Machines Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Shareholders of record on Monday, August 10th were issued a $1.69 dividend. This represents a $6.76 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend was Monday, August 10th. International Business Machines's dividend payout ratio (DPR) is currently 59.98%.

Key Stories Impacting International Business Machines

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

• Positive Sentiment: Lunar AI partnership with NASA: IBM and NASA released the open-source Lunar Foundation Model, trained on decades of lunar observation data. The model reportedly outperformed widely used mapping methods by up to 23% in identifying features such as ice deposits, craters and volcanic formations. The announcement strengthens IBM’s profile in scientific AI, although near-term revenue is likely limited. IBM and NASA Release Open-Source AI Model to Support Lunar Exploration
• Positive Sentiment: Swiss quantum-computing hub: IBM and Lockheed Martin are establishing a quantum innovation hub at ETH Zurich through Switzerland’s defense-offset program. The Swiss National Supercomputing Centre is expected to host the country’s first IBM Quantum System Two, powered by IBM’s Nighthawk r2 processor and integrated with the Alps supercomputer. The arrangement could provide IBM with a government-supported, multi-year deployment while expanding access to researchers and businesses. Research will focus on quantum sensing, navigation and advanced materials. IBM and Lockheed Martin Announce Swiss Quantum Innovation Hub
• Neutral Sentiment: Analyst coverage continues to frame IBM as a diversified way to gain exposure to enterprise AI, hybrid cloud and quantum computing. However, the announcements are primarily strategic and research-oriented, so their effect on revenue and earnings may take years to materialize.
• Negative Sentiment: IBM recently underperformed the broader market, while a shareholder-rights law firm announced an investigation tied to management’s prior preview of weak second-quarter 2026 results. The investigation is not an allegation of wrongdoing, but it adds headline and legal risk. IBM Shareholder Investigation

About International Business Machines

International Business Machines Corporation (IBM) is a global technology and consulting company that provides enterprise-focused hardware, software and services. Its offerings include hybrid cloud solutions, artificial intelligence, data and automation software, cybersecurity tools, IT infrastructure and technology consulting.

IBM develops and supports enterprise systems such as IBM Z mainframes, Power servers and storage products. Its software portfolio includes Red Hat hybrid cloud technologies, the watsonx platform for artificial intelligence and data management, application integration tools and cybersecurity solutions.

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