Guyasuta Investment Advisors Inc. Sells 2,756 Shares of International Business Machines Corporation $IBM

Key Points

• Guyasuta Investment Advisors reduced its IBM stake by 5.8%, selling 2,756 shares in the third quarter and retaining 44,444 shares valued at approximately $9.8 million.
• Other institutional investors mostly increased their IBM holdings, and institutional investors and hedge funds collectively own 58.96% of the company’s stock.
• IBM maintains a “Moderate Buy” consensus rating with an average analyst price target of $254.96, while paying a quarterly dividend of $1.69, or $6.76 annually, for a yield of about 2.9%.

Guyasuta Investment Advisors Inc. decreased its stake in International Business Machines Corporation (NYSE:IBM - Free Report) by 5.8% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 44,444 shares of the technology company's stock after selling 2,756 shares during the quarter. Guyasuta Investment Advisors Inc.'s holdings in International Business Machines were worth $9,775,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of IBM. Financial & Tax Architects LLC raised its stake in shares of International Business Machines by 14.2% during the 3rd quarter. Financial & Tax Architects LLC now owns 33,549 shares of the technology company's stock worth $7,378,000 after purchasing an additional 4,183 shares in the last quarter. Fortitude Advisory Group L.L.C. grew its stake in shares of International Business Machines by 1.9% in the 3rd quarter. Fortitude Advisory Group L.L.C. now owns 4,454 shares of the technology company's stock valued at $980,000 after buying an additional 83 shares in the last quarter. Davidson Capital Management Inc. grew its stake in shares of International Business Machines by 5.6% in the 3rd quarter. Davidson Capital Management Inc. now owns 9,436 shares of the technology company's stock valued at $2,075,000 after buying an additional 503 shares in the last quarter. AdvisorNet Financial Inc increased its holdings in International Business Machines by 20.9% in the third quarter. AdvisorNet Financial Inc now owns 7,423 shares of the technology company's stock worth $1,691,000 after buying an additional 1,284 shares during the last quarter. Finally, Harrell Investment Partners LLC acquired a new position in International Business Machines in the third quarter worth approximately $498,000. Institutional investors and hedge funds own 58.96% of the company's stock.

Trending Headlines about International Business Machines

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

• Positive Sentiment: Potential earnings beat: Bank of America expects IBM to modestly exceed third-quarter estimates, while maintaining its 2026 outlook. The bank reiterated a “buy” rating and $280 price target, citing higher-margin software growth, improving profitability and strong free cash flow. IBM poised for modest third-quarter beat, says Bank of America
• Positive Sentiment: Analyst support: Morgan Stanley raised its IBM price target from $190 to $238, although it retained an “equal weight” rating. Royal Bank of Canada also reaffirmed its “outperform” rating, providing additional support ahead of earnings.
• Positive Sentiment: Semiconductor research collaboration: IBM and Siemens are working together to advance IBM’s nanostack transistor architecture. Siemens will contribute electronic-design automation, process simulation and manufacturing expertise, potentially strengthening IBM’s long-term semiconductor and technology prospects. IBM and Siemens Collaborate on Research to Advance Nanostack Architecture
• Neutral Sentiment: AI governance demand: IBM reported that 80% of surveyed EMEA executives had escalated an AI-related incident to their board or C-suite. The findings highlight a growing need for AI governance, cybersecurity and compliance services, but also show that many organizations are not yet prepared for autonomous AI agents. IBM Study on AI Incidents and Governance
• Negative Sentiment: Dividend and balance-sheet concerns: IBM’s century-long record of annual dividend increases is being tested by token-sized raises, rising debt and concerns that shareholder payouts could compete with funding for AI investments. IBM Dividend and Debt Concerns
• Negative Sentiment: Cash-flow quality and execution risks: Analysts note that much of IBM’s first-half operating-cash-flow improvement came from movements in financing receivables rather than clearly sustainable growth. Investors also remain focused on competition, margin pressure and whether AI and hybrid-cloud expansion can justify IBM’s premium valuation.

International Business Machines Price Performance

Shares of NYSE:IBM opened at $234.04 on Friday. International Business Machines Corporation has a fifty-two week low of $199.19 and a fifty-two week high of $332.46. The business has a 50-day moving average of $232.08 and a two-hundred day moving average of $243.66. The stock has a market capitalization of $220.50 billion, a P/E ratio of 20.77, a P/E/G ratio of 2.17 and a beta of 0.73. The company has a debt-to-equity ratio of 1.63, a current ratio of 0.79 and a quick ratio of 0.74.

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

International Business Machines Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, September 10th. Investors of record on Monday, August 10th were issued a $1.69 dividend. This represents a $6.76 annualized dividend and a yield of 2.9%. The ex-dividend date was Monday, August 10th. International Business Machines's payout ratio is 59.98%.

Insiders Place Their Bets

In other International Business Machines news, SVP Robert Thomas sold 25,000 shares of the company's stock in a transaction that occurred on 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 completion of the sale, the senior vice president owned 47,800 shares of the company's stock, valued at $11,009,296. This represents a 34.34% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.27% of the company's stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on IBM shares. Evercore cut their price objective on shares of International Business Machines from $310.00 to $250.00 and set an "outperform" rating on the stock in a research report on Thursday, July 16th. JPMorgan Chase & Co. reduced their target price on shares of International Business Machines from $291.00 to $250.00 and set an "overweight" rating for the company in a research note on Friday, July 17th. Oppenheimer downgraded shares of International Business Machines from an "outperform" rating to a "market perform" rating in a research report on Wednesday, July 15th. Robert W. Baird initiated coverage on shares of International Business Machines in a research note on Tuesday, July 21st. They set a "neutral" rating and a $230.00 price target on the stock. Finally, Daiwa Securities Group dropped their price target on shares of International Business Machines from $247.00 to $217.00 and set a "neutral" rating on the stock in a research note on Wednesday, July 29th. Nineteen analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $254.96.

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.

Want to see what other hedge funds are holding IBM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for International Business Machines Corporation (NYSE:IBM - Free Report).

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.