Handelsbanken Fonder AB Has $179.47 Million Position in International Business Machines Corporation $IBM

Key Points

• Handelsbanken Fonder increased its IBM position by 86.7% in the second quarter, adding 296,372 shares to hold 638,216 shares valued at approximately $179.5 million. Institutional investors collectively own 58.96% of IBM.
• IBM reported adjusted earnings of $2.93 per share, matching estimates, while revenue rose 1.1% year over year to $17.16 billion but fell short of expectations. The company declared a quarterly dividend of $1.69 per share, representing a 2.9% yield.
• Analyst sentiment remains a “Moderate Buy,” with a consensus price target of $265.40, although several firms recently cut their targets. IBM faces near-term concerns including limited earnings momentum, stronger competition, and a securities-fraud investigation following a major share-price decline.

Handelsbanken Fonder AB lifted its position in shares of International Business Machines Corporation (NYSE:IBM - Free Report) by 86.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 638,216 shares of the technology company's stock after purchasing an additional 296,372 shares during the period. Handelsbanken Fonder AB owned about 0.07% of International Business Machines worth $179,473,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. McGowan Group Asset Management Inc. increased its position in International Business Machines by 1.2% in the 4th quarter. McGowan Group Asset Management Inc. now owns 2,693 shares of the technology company's stock valued at $798,000 after acquiring an additional 33 shares during the period. Exencial Wealth Advisors LLC lifted its holdings in shares of International Business Machines by 0.4% during the fourth quarter. Exencial Wealth Advisors LLC now owns 7,874 shares of the technology company's stock worth $2,332,000 after purchasing an additional 34 shares during the period. Prasad Wealth Partners LLC grew its stake in shares of International Business Machines by 1.0% in the fourth quarter. Prasad Wealth Partners LLC now owns 3,604 shares of the technology company's stock worth $1,068,000 after purchasing an additional 35 shares during the last quarter. Orca Wealth Management LLC increased its holdings in International Business Machines by 3.7% in the fourth quarter. Orca Wealth Management LLC now owns 975 shares of the technology company's stock valued at $285,000 after purchasing an additional 35 shares during the period. Finally, Friday Financial increased its holdings in International Business Machines by 1.9% in the second quarter. Friday Financial now owns 1,903 shares of the technology company's stock valued at $583,000 after purchasing an additional 35 shares during the period. Institutional investors and hedge funds own 58.96% of the company's stock.

International Business Machines Stock Down 0.6%

Shares of NYSE:IBM opened at $235.76 on Tuesday. The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.74 and a current ratio of 0.79. International Business Machines Corporation has a 52-week low of $199.19 and a 52-week high of $332.46. The business's 50 day simple moving average is $256.92 and its two-hundred day simple moving average is $254.55. The firm has a market cap of $222.12 billion, a P/E ratio of 20.92, a PEG ratio of 2.33 and a beta of 0.70.

International Business Machines (NYSE:IBM - Get Free Report) last issued its earnings results 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 company had revenue of $17.16 billion for the quarter, compared to analyst estimates of $17.46 billion. During the same period in the prior year, the firm earned $2.80 earnings per share. International Business Machines's revenue for the quarter was up 1.1% on a year-over-year basis. As a group, research analysts forecast that International Business Machines Corporation will post 12.33 EPS for the current fiscal year.

International Business Machines Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Monday, August 10th will be issued a dividend of $1.69 per share. The ex-dividend date is Monday, August 10th. This represents a $6.76 annualized dividend and a yield of 2.9%. International Business Machines's dividend payout ratio is presently 59.98%.

International Business Machines News Summary

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

• Positive Sentiment: IBM’s return to Canada’s bond market after 14 years demonstrates continued access to international financing and places the company amid strong demand for “Maple” bonds from foreign issuers. The move could help diversify funding sources, although additional borrowing may also increase leverage. IBM Returns to Canada’s Bond Market After 14 Years as Other Tech Giants Rush In
• Positive Sentiment: IBM’s CEO indicated that quantum computing could begin making a measurable contribution to revenue and profit in the coming years. That outlook reinforces quantum computing as a potentially significant long-term growth opportunity, though it is unlikely to materially change near-term results. This Is When IBM's CEO Says Quantum Computing Could Start to Have a Measurable Impact on Its Bottom Line
• Neutral Sentiment: The U.S. administration’s reported $2 billion quantum-computing initiative could expand industry investment and validate IBM’s technology focus, but it also highlights an ambitious competitive race with uncertain commercialization timelines. Inside the Trump administration’s $2 billion push to build the world’s first useful quantum computer
• Negative Sentiment: IBM’s shares went ex-dividend on August 10 for a $1.69-per-share cash payment scheduled for September 10. The mechanical ex-dividend adjustment can weigh on the stock even though it does not represent a deterioration in the company’s operations. International Business Machines Corp's Dividend Analysis
• Negative Sentiment: Broadcom is expanding security capabilities in VMware Cloud Foundation, intensifying competition with IBM in enterprise infrastructure and cloud-related markets. Stronger rival offerings could pressure IBM’s growth prospects and pricing power. Broadcom Boosts VCF Security: Can it Fend Off Nutanix and IBM?
• Negative Sentiment: Erste Group Bank expressed a negative outlook on IBM’s fiscal 2026 earnings, adding to concerns about limited near-term earnings momentum. Erste Group Bank Has Negative Outlook of IBM FY2026 Earnings
• Negative Sentiment: A law firm announced a securities-fraud investigation following IBM’s major stock decline. The announcement is not proof of wrongdoing, but it may add legal and reputational overhang. IBM Securities Fraud Investigation

Analysts Set New Price Targets

Several brokerages recently issued reports on IBM. Stifel Nicolaus lowered their target price on International Business Machines from $290.00 to $235.00 and set a "buy" rating for the company in a research report on Monday, July 20th. Argus reduced their price target on International Business Machines from $360.00 to $280.00 and set a "buy" rating on the stock in a research report on Thursday, July 16th. Robert W. Baird initiated coverage on International Business Machines in a research note on Tuesday, July 21st. They issued a "neutral" rating and a $230.00 price target for the company. Piper Sandler upgraded International Business Machines to an "overweight" rating in a research report on Tuesday, June 23rd. Finally, HSBC set a $175.00 price objective on International Business Machines and gave the stock a "reduce" rating in a research note on Thursday, July 16th. Fifteen research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $265.40.

International Business Machines Company 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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