International Business Machines Corporation $IBM Holdings Lifted by Diversify Advisory Services LLC

Diversify Advisory Services LLC raised its position in International Business Machines Corporation (NYSE:IBM - Free Report) by 21.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 63,912 shares of the technology company's stock after purchasing an additional 11,112 shares during the quarter. Diversify Advisory Services LLC's holdings in International Business Machines were worth $14,963,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the business. BlackRock Inc. bought a new position in International Business Machines in the 2nd quarter worth approximately $21,586,659,000. State Street Corp increased its position in International Business Machines by 2.7% in the 2nd quarter. State Street Corp now owns 56,045,055 shares of the technology company's stock valued at $15,760,430,000 after acquiring an additional 1,450,562 shares during the period. Bank of America Corp DE raised its stake in International Business Machines by 7.0% during the 1st quarter. Bank of America Corp DE now owns 16,063,653 shares of the technology company's stock valued at $3,893,669,000 after acquiring an additional 1,049,602 shares in the last quarter. Bank of New York Mellon Corp bought a new stake in International Business Machines during the 2nd quarter valued at $2,606,782,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in International Business Machines by 0.7% during the 2nd 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 acquiring an additional 53,388 shares in the last quarter. Institutional investors own 58.96% of the company's stock.

Insider Buying and Selling at International Business Machines

In other news, SVP Robert Thomas sold 25,000 shares of International Business Machines stock in a transaction that occurred on Wednesday, August 26th. The shares were sold at an average price of $230.32, for a total value of $5,758,000.00. Following the transaction, the senior vice president owned 47,800 shares of the company's stock, valued at $11,009,296. The trade was a 34.34% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 0.27% of the company's stock.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. Oppenheimer lowered International Business Machines from an "outperform" rating to a "market perform" rating in a research report on Wednesday, July 15th. Wall Street Zen lowered International Business Machines from a "hold" rating to a "sell" rating in a report on Saturday, September 12th. Daiwa Securities Group cut their price objective 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. HSBC cut their price objective on shares of International Business Machines from $175.00 to $174.00 in a research note on Friday, July 24th. Finally, Weiss Ratings raised shares of International Business Machines from a "hold (c+)" rating to a "buy (b-)" rating in a report on Wednesday, October 14th. Twenty research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $255.76.

Key International Business Machines News

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

• Positive Sentiment: Enterprise AI momentum: IBM Ventures invested in Leena AI, whose software automates HR, IT and finance processes through autonomous AI agents. The investment supports IBM’s broader effort to capture enterprise spending as customers move from AI assistants to end-to-end workflow automation. IBM Ventures Invests in Leena AI
• Positive Sentiment: Open-source AI infrastructure: IBM and partners including Red Hat, Google Cloud, CoreWeave and NVIDIA introduced llm-d 1.0, a production-focused platform designed to make large-language-model inference more scalable and cost efficient. The project could strengthen IBM’s position in hybrid cloud and enterprise AI deployments. llm-d 1.0 Advances Open, Cost-Efficient AI Inference
• Positive Sentiment: Software and cybersecurity support: Analysts point to IBM’s software division—particularly hybrid cloud, automation and Red Hat—as the company’s key growth and profit engine. IBM’s Logiq Consulting acquisition also expands its cybersecurity reach in the U.K. defense and regulated markets. IBM's Logiq Consulting Acquisition
• Neutral Sentiment: Earnings are the immediate catalyst: Options markets imply a potentially large post-earnings move, while investors want evidence that delayed deals closed, software growth accelerated and management’s full-year outlook remains achievable. IBM Q3 Earnings Options Move
• Negative Sentiment: Execution concerns remain: IBM’s previous quarter missed revenue expectations, and software growth was reportedly driven largely by acquisitions while organic software revenue was flat. A weak outlook or continued deal deferrals could reverse the current optimism. IBM Reports October 21

International Business Machines Price Performance

NYSE:IBM opened at $242.21 on Wednesday. The company has a quick ratio of 0.74, a current ratio of 0.79 and a debt-to-equity ratio of 1.63. The business's 50-day moving average price is $232.07 and its 200 day moving average price is $243.58. International Business Machines Corporation has a 52-week low of $199.19 and a 52-week high of $332.46. The firm has a market cap of $228.19 billion, a P/E ratio of 19.68, a PEG ratio of 2.27 and a beta of 0.73.

International Business Machines (NYSE:IBM - Get Free Report) last issued its quarterly earnings results on Wednesday, July 22nd. The technology company reported $2.93 earnings per share for the quarter, meeting 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 company had revenue of $17.16 billion during the quarter, compared to the consensus estimate of $17.46 billion. During the same period in the prior year, the company earned $2.80 EPS. International Business Machines's revenue was up 1.1% on a year-over-year basis. As a group, sell-side analysts predict that International Business Machines Corporation will post 12.34 earnings per share for the current fiscal year.

International Business Machines Company Profile

International Business Machines Corporation NYSE: IBM, commonly known as IBM, is a global technology and consulting company that helps organizations modernize their information technology and business operations. Its offerings include hybrid cloud solutions, artificial intelligence software and services, enterprise software, IT infrastructure, cybersecurity, data analytics, and technology consulting.

IBM provides products and services to businesses, governments, and other institutions across industries and regions worldwide.

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