International Business Machines Corporation $IBM Holdings Reduced by Radnor Capital Management LLC

Key Points

• Radnor Capital Management reduced its IBM position by 9.8% in the third quarter, selling 5,675 shares and retaining 52,026 shares valued at approximately $11.4 million. Institutional investors collectively own 58.96% of IBM.
• IBM reported quarterly revenue of $17.1 billion, up 4.7% year over year, and adjusted EPS of $2.95, beating analyst expectations. Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and a $266.12 price target.
• IBM declared a quarterly dividend of $1.69 per share, equivalent to $6.76 annually and a 2.7% yield. An IBM senior vice president separately sold 25,000 shares worth approximately $5.8 million.

Radnor Capital Management LLC cut its position in International Business Machines Corporation (NYSE:IBM - Free Report) by 9.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 52,026 shares of the technology company's stock after selling 5,675 shares during the period. International Business Machines accounts for 1.5% of Radnor Capital Management LLC's investment portfolio, making the stock its 10th largest holding. Radnor Capital Management LLC's holdings in International Business Machines were worth $11,442,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Assetmark Inc. grew its holdings in shares of International Business Machines by 24.8% during the first quarter. Assetmark Inc. now owns 64,458 shares of the technology company's stock worth $15,624,000 after buying an additional 12,791 shares during the last quarter. Flputnam Investment Management Co. acquired a new position in International Business Machines in the 2nd quarter valued at about $15,237,000. Beacon Investment Advisory Services Inc. raised its stake in International Business Machines by 939.4% during the 2nd quarter. Beacon Investment Advisory Services Inc. now owns 30,495 shares of the technology company's stock valued at $8,575,000 after acquiring an additional 27,561 shares during the last quarter. St. Louis Financial Planners Asset Management LLC raised its stake in International Business Machines by 34.6% during the 2nd quarter. St. Louis Financial Planners Asset Management LLC now owns 14,234 shares of the technology company's stock valued at $4,121,000 after acquiring an additional 3,659 shares during the last quarter. Finally, Evercore Wealth Management LLC raised its stake in International Business Machines by 9.0% during the 1st quarter. Evercore Wealth Management LLC now owns 62,801 shares of the technology company's stock valued at $15,222,000 after acquiring an additional 5,196 shares during the last quarter. 58.96% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at International Business Machines

In related news, SVP Robert Thomas sold 25,000 shares of International Business Machines stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $230.32, for a total value of $5,758,000.00. Following the sale, the senior vice president directly owned 47,800 shares in the company, valued at $11,009,296. The trade was a 34.34% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.27% of the stock is currently owned by company insiders.

International Business Machines Price Performance

Shares of NYSE:IBM opened at $253.69 on Friday. The company has a quick ratio of 0.74, a current ratio of 0.85 and a debt-to-equity ratio of 1.57. The company has a market cap of $239.01 billion, a P/E ratio of 21.63, a PEG ratio of 2.43 and a beta of 0.73. International Business Machines Corporation has a 52 week low of $199.19 and a 52 week high of $332.46. The company has a 50-day moving average price of $233.06 and a 200 day moving average price of $243.70.

International Business Machines (NYSE:IBM - Get Free Report) last announced its quarterly earnings data on Wednesday, October 21st. The technology company reported $2.95 earnings per share for the quarter, beating analysts' consensus estimates of $2.85 by $0.10. International Business Machines had a return on equity of 34.37% and a net margin of 15.99%. The company had revenue of $17.10 billion for the quarter, compared to analyst estimates of $16.82 billion. During the same quarter in the previous year, the company earned $2.65 EPS. The firm's revenue for the quarter was up 4.7% compared to the same quarter last year. Research analysts predict that International Business Machines Corporation will post 12.41 earnings per share for the current year.

International Business Machines Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Tuesday, November 10th will be issued a $1.69 dividend. This represents a $6.76 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend is Tuesday, November 10th. International Business Machines's dividend payout ratio (DPR) is currently 57.63%.

More International Business Machines News

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

• Positive Sentiment: IBM reported third-quarter revenue of $17.1 billion, up 4.7% year over year, while adjusted EPS of $2.95 exceeded analyst expectations. Software growth accelerated to 9% at constant currency, infrastructure demand improved, and operating pretax margins expanded by 70 basis points. IBM Beats Q3 Earnings Estimates on Software, Infrastructure Growth
• Positive Sentiment: Management raised its full-year free-cash-flow outlook, supported by stronger software performance, Red Hat demand and enterprise AI activity. Transaction-processing revenue also rose 10%, suggesting improving demand in key recurring-revenue businesses. IBM: 3 Key Takeaways for Long-Term Investors
• Positive Sentiment: Several analysts raised their earnings estimates or price targets following the results. Erste Group increased its FY2027 EPS forecast to $13.40 from $13.13, while JPMorgan, RBC and Stifel reiterated positive ratings and lifted targets. IBM Analyst Estimates and Ratings
• Neutral Sentiment: IBM’s updated FY2026 revenue guidance of $70.2 billion to $70.9 billion broadly brackets the $70.4 billion consensus estimate. The outlook was not meaningfully raised, leaving investors focused on whether the software rebound can continue.
• Neutral Sentiment: IBM declared a quarterly dividend of $1.69 per share, or $6.76 annualized, reinforcing its appeal to income-oriented investors. A separate dividend-stock article highlighted IBM’s decades-long record of payout increases. IBM Declares $1.69 Dividend
• Negative Sentiment: Investors remain concerned that roughly half of the software growth benefited from the Confluent acquisition and that management’s unchanged revenue outlook implies slower growth later in the year. IBM’s comments that lower-cost, open-weight AI models can deliver comparable performance also raised questions about pricing power and AI monetization. Why Isn’t IBM’s Stock Bouncing Back After Strong Earnings Results?
• Negative Sentiment: Some analysts view IBM’s valuation as demanding relative to its modest underlying growth, while slower Consulting performance, debt and uncertainty over the durability of the software rebound could limit further upside.

Wall Street Analyst Weigh In

IBM has been the subject of a number of recent research reports. Royal Bank Of Canada reaffirmed an "outperform" rating and set a $270.00 price objective on shares of International Business Machines in a research report on Thursday. Robert W. Baird boosted their target price on International Business Machines from $230.00 to $260.00 and gave the company a "neutral" rating in a report on Thursday. Citic Securities upped their price target on International Business Machines from $294.00 to $297.00 and gave the stock a "buy" rating in a research note on Wednesday, July 29th. Wall Street Zen raised International Business Machines from a "sell" rating to a "hold" rating in a report on Saturday. Finally, JPMorgan Chase & Co. increased their price target on International Business Machines from $250.00 to $269.00 and gave the stock an "overweight" rating in a report on Thursday. Twenty equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $266.12.

International Business Machines 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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