International Business Machines Corporation $IBM Position Lifted by Grant Private Wealth Management Inc

Key Points

• Grant Private Wealth Management increased its IBM stake by 83.2% in the third quarter, bringing its holdings to 6,200 shares valued at approximately $1.36 million. Institutional investors collectively own 58.96% of IBM.
• IBM reported quarterly earnings of $2.93 per share, matching estimates, while revenue rose 1.1% year over year to $17.16 billion but fell short of forecasts. The company maintains a quarterly dividend of $1.69 per share, equivalent to a 2.9% yield.
• Analysts maintain a generally positive outlook, with a “Moderate Buy” consensus and an average price target of $254.96 versus the referenced share price of $232.58. However, concerns include IBM’s valuation, debt levels, limited dividend growth and an insider sale of 25,000 shares.

Grant Private Wealth Management Inc raised its stake in shares of International Business Machines Corporation (NYSE:IBM - Free Report) by 83.2% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 6,200 shares of the technology company's stock after purchasing an additional 2,815 shares during the period. Grant Private Wealth Management Inc's holdings in International Business Machines were worth $1,363,000 as of its most recent SEC filing.

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

International Business Machines Stock Performance

International Business Machines stock opened at $232.58 on Monday. International Business Machines Corporation has a 1-year low of $199.19 and a 1-year high of $332.46. The company's 50-day moving average is $231.99 and its 200 day moving average is $243.63. The firm has a market capitalization of $219.12 billion, a P/E ratio of 20.64, a price-to-earnings-growth ratio of 2.23 and a beta of 0.73. The company has a debt-to-equity ratio of 1.63, a current ratio of 0.79 and a quick ratio of 0.74.

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, hitting the consensus estimate of $2.93. The firm had revenue of $17.16 billion for the quarter, compared to the consensus estimate of $17.46 billion. International Business Machines had a return on equity of 35.65% and a net margin of 15.52%. The company's revenue for the quarter was up 1.1% on a year-over-year basis. During the same period in the prior year, the business posted $2.80 earnings per share. Research analysts forecast that International Business Machines Corporation will post 12.34 EPS for the current year.

International Business Machines Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Monday, August 10th were paid 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 payout ratio is currently 59.98%.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on IBM shares. Barclays dropped their price objective on shares of 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. Citic Securities upped their target price on shares of International Business Machines from $294.00 to $297.00 and gave the company a "buy" rating in a research report on Wednesday, July 29th. Evercore lowered their price target on shares of International Business Machines from $310.00 to $250.00 and set an "outperform" rating for the company in a report on Thursday, July 16th. JPMorgan Chase & Co. decreased their price objective on International Business Machines from $291.00 to $250.00 and set an "overweight" rating on the stock in a research report on Friday, July 17th. Finally, Stifel Nicolaus lowered their price objective on International Business Machines from $290.00 to $235.00 and set a "buy" rating for the company in a research note on Monday, July 20th. Nineteen research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $254.96.

Key Headlines Impacting International Business Machines

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

• Positive Sentiment: Bank of America expects IBM to deliver a modest third-quarter earnings beat while maintaining its 2026 outlook. The bank reiterated its Buy rating and $280 price target, citing higher-margin software, improving profitability and strong free cash flow. IBM poised for modest third-quarter beat, says Bank of America
• Positive Sentiment: Analysts expect software revenue to benefit from AI innovation, strategic partnerships and expanding enterprise-cloud capabilities. Consulting revenue is also projected to show modest growth, supported by technology demand, AI partnerships and cybersecurity-related expansion. IBM software revenue earnings preview
• Positive Sentiment: IBM and Siemens are collaborating on IBM’s nanostack transistor architecture, combining IBM semiconductor research with Siemens’ design-automation and manufacturing software. The initiative reinforces IBM’s long-term investment in advanced chips and computing technology. Siemens joins IBM nanostack research effort
• Neutral Sentiment: IBM reports third-quarter results next week, and options traders are pricing in a potential move of roughly 8% after the release. The elevated implied volatility signals substantial uncertainty rather than a clearly bullish or bearish expectation. IBM options market expects major post-earnings move
• Neutral Sentiment: Morgan Stanley raised its IBM price target to $238 but maintained an Equal Weight rating, implying limited near-term upside at the referenced price. RBC separately reaffirmed its Outperform rating. RBC reaffirms IBM Outperform rating
• Negative Sentiment: Investor concerns remain about IBM’s valuation, rising debt and limited dividend growth. Commentary noted that the company’s long record of annual dividend increases has recently involved only small raises, potentially constraining its appeal to income-focused investors while it funds AI initiatives. IBM dividend and debt concerns

Insider Activity at International Business Machines

In other news, SVP Robert Thomas sold 25,000 shares of the company's stock in a transaction dated 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 directly owned 47,800 shares in the company, valued at approximately $11,009,296. This represents a 34.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.27% of the company's stock.

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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