Intact Investment Management Inc. Sells 4,800 Shares of International Business Machines Corporation $IBM

Intact Investment Management Inc. lowered its position in International Business Machines Corporation (NYSE:IBM - Free Report) by 16.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 23,600 shares of the technology company's stock after selling 4,800 shares during the period. Intact Investment Management Inc.'s holdings in International Business Machines were worth $6,991,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in IBM. Capital World Investors boosted its holdings in International Business Machines by 13.9% in the third quarter. Capital World Investors now owns 17,045,156 shares of the technology company's stock worth $4,809,461,000 after acquiring an additional 2,077,506 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of International Business Machines by 1.5% in 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 during the last quarter. First Trust Advisors LP raised its stake in shares of International Business Machines by 39.6% in the third quarter. First Trust Advisors LP now owns 3,052,880 shares of the technology company's stock worth $861,401,000 after purchasing an additional 865,253 shares during the last quarter. Franklin Resources Inc. raised its stake in shares of International Business Machines by 64.7% in the third quarter. Franklin Resources Inc. now owns 2,162,741 shares of the technology company's stock worth $610,239,000 after purchasing an additional 849,500 shares during the last quarter. Finally, Amundi raised its stake in shares of International Business Machines by 17.9% in the third quarter. Amundi now owns 4,777,516 shares of the technology company's stock worth $1,382,695,000 after purchasing an additional 725,191 shares during the last quarter. Institutional investors own 58.96% of the company's stock.

Insider Activity at International Business Machines

In related news, Director Michael Miebach acquired 434 shares of the firm's stock in a transaction dated Wednesday, February 25th. The shares were purchased 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 owned 434 shares in the company, valued at approximately $101,265.22. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 0.27% of the company's stock.

Analyst Ratings Changes

Several brokerages have recently commented on IBM. Evercore increased their price objective on International Business Machines from $330.00 to $345.00 and gave the stock an "outperform" rating in a research note on Thursday, January 29th. JPMorgan Chase & Co. decreased their price target on International Business Machines from $317.00 to $283.00 and set a "neutral" rating for the company in a research report on Wednesday, March 18th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of International Business Machines in a research report on Tuesday, April 21st. Jefferies Financial Group reduced their price objective on International Business Machines from $370.00 to $320.00 and set a "buy" rating for the company in a report on Monday, April 20th. Finally, Morgan Stanley lifted their price target on International Business Machines from $215.00 to $225.00 and gave the company an "equal weight" rating in a research report on Thursday, April 23rd. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat.com, International Business Machines has a consensus rating of "Moderate Buy" and a consensus price target of $296.18.

International Business Machines Stock Up 0.1%

IBM opened at $232.35 on Monday. The company has a market cap of $218.38 billion, a P/E ratio of 20.54, a P/E/G ratio of 2.41 and a beta of 0.58. The business's 50-day moving average price is $243.51 and its 200-day moving average price is $278.90. The company has a current ratio of 0.80, a quick ratio of 0.76 and a debt-to-equity ratio of 1.75. International Business Machines Corporation has a 12 month low of $220.72 and a 12 month high of $324.90.

International Business Machines (NYSE:IBM - Get Free Report) last released its quarterly earnings data on Wednesday, April 22nd. The technology company reported $1.91 EPS for the quarter, topping the consensus estimate of $1.81 by $0.10. The firm had revenue of $15.92 billion for the quarter, compared to the consensus estimate of $15.60 billion. International Business Machines had a return on equity of 37.23% and a net margin of 15.61%.The company's quarterly revenue was up 9.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.60 earnings per share. On average, equities analysts expect that International Business Machines Corporation will post 12.38 EPS for the current year.

International Business Machines Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Friday, May 8th will be issued a $1.69 dividend. This is an increase from International Business Machines's previous quarterly dividend of $1.68. This represents a $6.76 annualized dividend and a dividend yield of 2.9%. The ex-dividend date is Friday, May 8th. International Business Machines's dividend payout ratio (DPR) is presently 59.42%.

International Business Machines News Roundup

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

• Positive Sentiment: U.S. quantum policy bill advances, shifting emphasis to commercialization, clearer funding and real-world deployments starting as soon as 2026 — an outcome that could accelerate demand for IBM’s quantum hardware, software and services. Article Title
• Positive Sentiment: Wall Street attention on quantum/AI names rises — IBM is named among top quantum stocks to watch, which can lift multiple and investor interest in the company’s long-term growth areas. Article Title
• Positive Sentiment: IBM and Ferrari added new AI features to the Scuderia Ferrari app — a high-visibility commercial proof point for IBM’s AI offerings and fan-engagement use cases ahead of major sporting events. Article Title
• Positive Sentiment: IBM launched “Bob,” an AI-powered development tool for the software lifecycle — strengthens IBM’s enterprise AI stack and could boost service and software revenue if adoption scales. Article Title
• Positive Sentiment: Partnership with Dallara to apply AI and quantum to vehicle design — technology leadership and industry partnerships that showcase practical quantum/AI applications and potential service opportunities. Article Title
• Positive Sentiment: IBM to open AI and quantum hubs (Chicago, Massachusetts) and add ~750 jobs — signals continued investment in talent and capacity to execute on enterprise AI/quantum strategy. Article Title
• Neutral Sentiment: Erste Group raised FY2027 EPS estimates modestly, but maintains a Hold — incremental analyst support rather than an outright upgrade. Article Title
• Neutral Sentiment: Smaller ecosystem and market mentions (Elektros joining IBM ecosystem, AI drug-discovery reports) provide additional validation but are unlikely to move near-term earnings materially. Article Title
• Negative Sentiment: A few headlines noted short-term stock softness around partnership announcements in premarket coverage — suggests some volatility as investors digest execution risks and timing. Article Title

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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