International Business Machines Corporation $IBM Holdings Lessened by Curated Wealth Partners LLC

Key Points

• Curated Wealth Partners sharply reduced its IBM position by 96.2% in the third quarter, selling 112,814 shares and retaining 4,502 shares valued at approximately $990,000. Institutional investors collectively own 58.96% of IBM.
• IBM reported quarterly EPS of $2.93, matching analyst expectations, while revenue rose 1.1% year over year to $17.16 billion but fell short of the $17.46 billion consensus estimate.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and a $254.96 price target. IBM also pays a quarterly dividend of $1.69 per share, representing a 2.9% yield and a 59.98% payout ratio.

Curated Wealth Partners LLC lowered its holdings in International Business Machines Corporation (NYSE:IBM - Free Report) by 96.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,502 shares of the technology company's stock after selling 112,814 shares during the quarter. Curated Wealth Partners LLC's holdings in International Business Machines were worth $990,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. BlackRock Inc. acquired a new position in International Business Machines during the second quarter worth $21,586,659,000. State Street Corp lifted its stake in shares of International Business Machines by 2.7% in the second quarter. State Street Corp now owns 56,045,055 shares of the technology company's stock valued at $15,760,430,000 after buying an additional 1,450,562 shares in the last quarter. Bank of America Corp DE bought a new position in shares of International Business Machines in the second quarter valued at $4,214,868,000. Bank of New York Mellon Corp acquired a new position in shares of International Business Machines during the second quarter valued at about $2,606,782,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of International Business Machines by 0.7% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 7,621,512 shares of the technology company's stock valued at $2,143,245,000 after buying an additional 53,388 shares during the last quarter. Institutional investors and hedge funds own 58.96% of the company's stock.

International Business Machines Price Performance

Shares of NYSE:IBM opened at $234.04 on Friday. 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 stock's fifty day simple moving average is $232.08 and its two-hundred day simple moving average is $243.66. International Business Machines Corporation has a 1-year low of $199.19 and a 1-year high of $332.46. The stock has a market cap of $220.50 billion, a PE ratio of 20.77, a price-to-earnings-growth ratio of 2.17 and a beta of 0.73.

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 (EPS) for the quarter, hitting analysts' consensus estimates of $2.93. International Business Machines had a net margin of 15.52% and a return on equity of 35.65%. The firm had revenue of $17.16 billion for the quarter, compared to the consensus estimate of $17.46 billion. During the same period in the previous year, the firm earned $2.80 EPS. The business's revenue for the quarter was up 1.1% compared to the same quarter last year. As a group, analysts forecast that International Business Machines Corporation will post 12.33 EPS for the current fiscal year.

International Business Machines Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Investors of record on Monday, August 10th were given a dividend of $1.69 per share. This represents a $6.76 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend was Monday, August 10th. International Business Machines's dividend payout ratio (DPR) is presently 59.98%.

Analysts Set New Price Targets

Several equities research analysts have recently commented on IBM shares. Sanford C. Bernstein decreased their target price on shares of International Business Machines from $280.00 to $230.00 and set a "market perform" rating for the company in a research report on Thursday, July 23rd. BMO Capital Markets lowered their target price on shares of International Business Machines from $270.00 to $230.00 and set a "market perform" rating on the stock in a report on Thursday, July 23rd. Craig Hallum started coverage on shares of International Business Machines in a research report on Wednesday, August 19th. They issued a "buy" rating on the stock. JPMorgan Chase & Co. cut their price target on 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. Finally, Barclays cut their price target on International Business Machines from $288.00 to $262.00 and set an "overweight" rating for the company in a research note on Thursday, July 23rd. Nineteen investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $254.96.

Insider Buying and Selling at International Business Machines

In related news, SVP Robert Thomas sold 25,000 shares of the business's stock in a transaction dated Wednesday, August 26th. The shares were sold at an average price of $230.32, for a total transaction of $5,758,000.00. Following the transaction, the senior vice president directly 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.27% of the stock is owned by insiders.

Key Stories Impacting 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 Company 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.

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