Greystone Financial Group LLC Trims Stake in International Business Machines Corporation $IBM

Key Points

• Greystone Financial Group trimmed its stake in IBM by 18.3% in Q4, selling 8,967 shares and ending the period with 40,039 shares valued at about $11.86 million (IBM is ~1.9% of Greystone's holdings and its 23rd largest position).
• IBM beat Q4 expectations, reporting $4.52 EPS vs. $4.33 consensus and $19.69 billion in revenue (up 12.2% year‑over‑year), while analysts remain generally positive with a "Moderate Buy" consensus and a $298.81 average target amid an upbeat AI/quantum narrative.
• Shareholder returns and insider activity: IBM paid a $1.68 quarterly dividend (annualized $6.72, ~2.7% yield, 60.3% payout ratio) and directors disclosed recent insider purchases totaling 1,484 shares over the past three months.

Greystone Financial Group LLC trimmed its stake in International Business Machines Corporation (NYSE:IBM - Free Report) by 18.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,039 shares of the technology company's stock after selling 8,967 shares during the period. International Business Machines accounts for approximately 1.9% of Greystone Financial Group LLC's holdings, making the stock its 23rd largest position. Greystone Financial Group LLC's holdings in International Business Machines were worth $11,860,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Legacy Advisors LLC increased its stake in shares of International Business Machines by 8.6% in the 4th quarter. Legacy Advisors LLC now owns 2,787 shares of the technology company's stock worth $825,000 after purchasing an additional 220 shares in the last quarter. Purus Wealth Management LLC increased its stake in shares of International Business Machines by 21.2% in the 4th quarter. Purus Wealth Management LLC now owns 1,464 shares of the technology company's stock worth $434,000 after purchasing an additional 256 shares in the last quarter. Able Wealth Management LLC increased its stake in shares of International Business Machines by 14.2% in the 4th quarter. Able Wealth Management LLC now owns 972 shares of the technology company's stock worth $288,000 after purchasing an additional 121 shares in the last quarter. Stone Summit Wealth LLC increased its stake in shares of International Business Machines by 7.6% in the 4th quarter. Stone Summit Wealth LLC now owns 1,771 shares of the technology company's stock worth $525,000 after purchasing an additional 125 shares in the last quarter. Finally, Richards Merrill & Peterson Inc. increased its stake in shares of International Business Machines by 2.0% in the 4th quarter. Richards Merrill & Peterson Inc. now owns 7,605 shares of the technology company's stock worth $2,253,000 after purchasing an additional 148 shares in the last quarter. 58.96% of the stock is currently owned by hedge funds and other institutional investors.

International Business Machines Price Performance

IBM stock opened at $253.56 on Tuesday. International Business Machines Corporation has a one year low of $220.72 and a one year high of $324.90. The company's fifty day moving average price is $248.17 and its 200-day moving average price is $281.65. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.92 and a current ratio of 0.96. The company has a market capitalization of $237.85 billion, a PE ratio of 22.74, a price-to-earnings-growth ratio of 2.65 and a beta of 0.69.

International Business Machines (NYSE:IBM - Get Free Report) last released its earnings results on Wednesday, January 28th. The technology company reported $4.52 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 for the quarter, compared to the consensus estimate of $19.23 billion. During the same quarter in the previous year, the firm earned $3.92 earnings per share. The company's quarterly revenue was up 12.2% compared to the same quarter last year. On average, equities analysts anticipate that International Business Machines Corporation will post 12.35 EPS for the current fiscal 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 issued a $1.68 dividend. This represents a $6.72 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend was Tuesday, February 10th. International Business Machines's payout ratio is 60.27%.

Wall Street Analysts Forecast Growth

IBM has been the subject of several analyst reports. UBS Group upgraded 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. Erste Group Bank downgraded shares of International Business Machines from a "buy" rating to a "hold" rating in a research report on Wednesday, February 18th. Argus set a $360.00 price objective on shares of International Business Machines in a research report on Friday, January 30th. Citigroup began coverage on shares of International Business Machines in a research report on Friday, April 10th. They set a "buy" rating and a $285.00 price objective on the stock. Finally, Jefferies Financial Group decreased their price objective on shares of International Business Machines from $370.00 to $320.00 and set a "buy" rating on the stock in a research report on Monday. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $298.81.

Insider Buying and Selling at International Business Machines

In other news, Director Michael Miebach bought 434 shares of the stock in a transaction dated Wednesday, February 25th. The stock was purchased at an average cost of $233.33 per share, for a total transaction of $101,265.22. Following the transaction, the director owned 434 shares of the company's stock, valued at $101,265.22. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director David N. Farr bought 1,000 shares of the stock in a transaction dated Friday, January 30th. The shares were purchased at an average price of $304.00 per share, with a total value of $304,000.00. Following the completion of the transaction, the director directly owned 9,258 shares in the company, valued at approximately $2,814,432. The trade was a 12.11% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders bought 1,484 shares of company stock worth $417,157 in the last three months. Insiders own 0.27% of the company's stock.

Key International Business Machines News

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

• Positive Sentiment: Major sell‑side bullishness: Evercore ISI added IBM to “Tactical Outperform” and reiterated a $345 price target, calling for a Q1 beat and higher 2026 revenue guidance — a clear near‑term positive for sentiment and target‑driven inflows. IBM Earnings On Deck Amid AI Software Risk Debate. Here's What Wall Street Is Saying.
• Positive Sentiment: Analysts expect Q1 strength led by software: Jefferies sees steady overall growth with upside coming from the software segment (watsonx.ai, sovereign offerings), implying IBM could beat consensus software revenue forecasts. IBM seen reporting steady first quarter growth, software segment offers upside: Jefferies
• Positive Sentiment: AI + quantum narrative ratcheting up upside potential: Zacks highlights IBM among two AI‑quantum hyperscalers with analysts modeling 20%+ (up to ~38%) price upside as hyperscalers invest heavily in next‑gen infrastructure. This reinforces market enthusiasm for IBM’s strategic positioning. Top 2 AI-Quantum Hyperscalers to Watch in April With 20%+ Price Upside
• Positive Sentiment: New research and tech differentiation: IBM researchers published a promising AI training advancement (“mid‑training” step) that could improve model effectiveness — a product/tech edge that supports longer‑term revenue potential in AI software and services. IBM Reveals the Missing Step That Will Make AI Smarter
• Positive Sentiment: Multiple analysts flag Q1 beat potential from consulting and software tailwinds (AI, automation, defense IT deals, watsonx.ai deployments) — these topline drivers increase the odds of upside to estimates and guide revisions. Will Modest Consulting Revenue Improvement Aid IBM's Q1 Earnings?
• Neutral Sentiment: CEO messaging signals urgency: CEO Arvind Krishna publicly warned that the bigger risk is “falling behind” in AI/quantum — a strategic push that’s positive for execution emphasis but doesn’t guarantee immediate financial impact. IBM CEO sends blunt message on AI and quantum computing
• Neutral Sentiment: Market calendar: IBM is squarely in the “earnings week” spotlight — heightened attention can amplify moves on beats/misses but is neutral until actual results and guidance are released. Earnings week ahead: TSLA, IBM, T, INTC, GE, BA, UNH, NOW, PM, CMCSA, and more
• Negative Sentiment: Lingering skepticism from last quarter: some investors punished IBM after the prior quarter’s reception; that caution could amplify downside on any Q1 miss or conservative guidance. Also note IBM remains below its 200‑day moving average, which can weigh on technical sentiment. Jim Cramer Says “You Like Quantum? IBM”

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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