International Business Machines Corporation $IBM Shares Bought by Ascentis Wealth Management LLC

Ascentis Wealth Management LLC boosted its stake in shares of International Business Machines Corporation (NYSE:IBM - Free Report) by 27,169.6% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,224,635 shares of the technology company's stock after buying an additional 3,212,810 shares during the period. Ascentis Wealth Management LLC owned about 0.34% of International Business Machines worth $906,800,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Bernardo Wealth Planning LLC grew its holdings in shares of International Business Machines by 7.3% during the 2nd quarter. Bernardo Wealth Planning LLC now owns 1,421 shares of the technology company's stock valued at $400,000 after acquiring an additional 97 shares in the last quarter. OmniStar Financial Group Inc. lifted its holdings in International Business Machines by 9.7% in the 2nd quarter. OmniStar Financial Group Inc. now owns 8,288 shares of the technology company's stock worth $2,331,000 after purchasing an additional 731 shares during the last quarter. Tempo Wealth LLC boosted its holdings in shares of International Business Machines by 4.1% during the 2nd quarter. Tempo Wealth LLC now owns 4,258 shares of the technology company's stock worth $1,197,000 after buying an additional 168 shares during the period. New Hampshire Trust grew its position in shares of International Business Machines by 13.9% in the second quarter. New Hampshire Trust now owns 3,681 shares of the technology company's stock valued at $1,035,000 after purchasing an additional 450 shares during the last quarter. Finally, Private Wealth Management Group LLC increased its position in International Business Machines by 46.7% in the 2nd quarter. Private Wealth Management Group LLC now owns 1,870 shares of the technology company's stock worth $526,000 after buying an additional 595 shares during the period. Hedge funds and other institutional investors own 58.96% of the company's stock.

Trending Headlines about International Business Machines

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

• Positive Sentiment: IBM unveiled a dual-architecture processor for future IBM Z and LinuxONE systems, developed with Arm. The chip is designed to run IBM and Arm instructions concurrently without emulation, allowing customers to use Arm-native applications alongside traditional mainframe workloads. The move could expand IBM’s addressable software ecosystem, support hybrid-cloud and AI workloads, and encourage future mainframe upgrades. IBM Unveils Next Generation Dual-Architecture Processor for IBM Z and LinuxONE
• Positive Sentiment: Commentary is framing the Arm integration as a potentially important AI and enterprise-computing catalyst. The processor is expected to broaden application choices for regulated customers that value IBM’s security and reliability but want access to modern Arm-based software. The commercial benefit is likely longer term because systems using the new design have not yet generated reported revenue. What Could IBM Gain From Its First Dual Architecture Mainframe Processor?
• Neutral Sentiment: IBM’s quantum-computing advances and role in post-quantum cybersecurity add to its long-term technology narrative. These opportunities could create future consulting, security and infrastructure demand, but current quantum commercialization remains uncertain and is not yet offsetting weaker hardware trends. IBM Just Hit a New Quantum Computing Milestone
• Neutral Sentiment: New AI-powered features for the 2026 US Open, including live updates, serve analysis and conversational fan tools, demonstrate IBM’s AI capabilities and support its sports-technology relationship with the USTA. The announcement is strategically positive but unlikely to materially affect near-term earnings. IBM and the USTA Introduce New AI-Powered Fan Experiences
• Negative Sentiment: Investor concerns remain focused on IBM’s modest revenue growth and sharply weaker mainframe sales. Recent coverage cites roughly 1% year-over-year revenue growth and a 42% decline in mainframe sales, reinforcing doubts about near-term results despite the new processor opportunity. A securities-law firm has also announced an investigation related to the Z product slowdown, adding headline and litigation risk, although no wrongdoing has been established. Investor Reminder Regarding IBM Z Product Slowdown Investigation

Analyst Ratings Changes

Several research firms recently weighed in on IBM. KeyCorp cut shares of International Business Machines to a "sector weight" rating in a research note on Tuesday, June 23rd. Argus reduced their price target on shares of International Business Machines from $360.00 to $280.00 and set a "buy" rating on the stock in a research report on Thursday, July 16th. JPMorgan Chase & Co. cut their price objective on International Business Machines from $291.00 to $250.00 and set an "overweight" rating for the company in a research report on Friday, July 17th. Wall Street Zen cut International Business Machines from a "hold" rating to a "sell" rating in a report on Saturday, July 18th. Finally, Morgan Stanley lowered their target price on International Business Machines from $293.00 to $190.00 and set an "equal weight" rating for the company in a research note on Thursday, July 23rd. Sixteen analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $265.40.

International Business Machines Stock Up 1.3%

Shares of International Business Machines stock opened at $234.02 on Wednesday. The business has a fifty day simple moving average of $245.71 and a 200 day simple moving average of $249.59. The stock has a market cap of $220.47 billion, a PE ratio of 20.76, a price-to-earnings-growth ratio of 2.27 and a beta of 0.70. The company has a quick ratio of 0.74, a current ratio of 0.79 and a debt-to-equity ratio of 1.63. International Business Machines Corporation has a 12 month low of $199.19 and a 12 month high of $332.46.

International Business Machines (NYSE:IBM - Get Free Report) last issued its earnings results on Wednesday, July 22nd. The technology company reported $2.93 EPS for the quarter, meeting the consensus estimate 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 during the quarter, compared to the consensus estimate of $17.46 billion. During the same quarter in the prior year, the firm earned $2.80 earnings per share. The business's quarterly revenue was up 1.1% on a year-over-year basis. Research analysts predict that International Business Machines Corporation will post 12.33 EPS for the current year.

International Business Machines Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Monday, August 10th will be given a dividend of $1.69 per share. This represents a $6.76 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend is Monday, August 10th. International Business Machines's dividend payout ratio is currently 59.98%.

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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