International Business Machines Corporation $IBM Shares Purchased by CHICAGO TRUST Co NA

Key Points

• CHICAGO TRUST Co NA increased its IBM stake by 30% in the third quarter, purchasing 2,794 additional shares and bringing its holdings to 12,116 shares valued at approximately $2.67 million. Institutional investors collectively own 58.96% of IBM.
• IBM exceeded quarterly expectations, reporting EPS of $2.95 and revenue of $17.10 billion, with revenue rising 4.7% year over year. The company also declared a quarterly dividend of $1.69 per share, representing a 2.6% yield.
• Analyst sentiment remains generally positive, with IBM receiving a “Moderate Buy” consensus rating and an average price target of $266.12, although an IBM senior vice president recently sold 25,000 shares.

CHICAGO TRUST Co NA increased its stake in shares of International Business Machines Corporation (NYSE:IBM - Free Report) by 30.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,116 shares of the technology company's stock after purchasing an additional 2,794 shares during the quarter. CHICAGO TRUST Co NA's holdings in International Business Machines were worth $2,665,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in IBM. Friday Financial grew its stake in International Business Machines by 1.9% in the second quarter. Friday Financial now owns 1,903 shares of the technology company's stock valued at $583,000 after purchasing an additional 35 shares during the last quarter. Trinity Wealth Management LLC boosted its holdings in shares of International Business Machines by 2.3% in the 2nd quarter. Trinity Wealth Management LLC now owns 1,695 shares of the technology company's stock valued at $477,000 after buying an additional 38 shares in the last quarter. Pettinga Financial Advisors LLC boosted its holdings in shares of International Business Machines by 3.6% in the 2nd quarter. Pettinga Financial Advisors LLC now owns 1,090 shares of the technology company's stock valued at $307,000 after buying an additional 38 shares in the last quarter. HHM Wealth Advisors LLC grew its position in shares of International Business Machines by 4.6% in the 2nd quarter. HHM Wealth Advisors LLC now owns 928 shares of the technology company's stock worth $261,000 after buying an additional 41 shares during the last quarter. Finally, Basecamp Wealth Advisors LLC grew its position in shares of International Business Machines by 2.8% in the 1st quarter. Basecamp Wealth Advisors LLC now owns 1,598 shares of the technology company's stock worth $387,000 after buying an additional 44 shares during the last quarter. 58.96% of the stock is currently owned by hedge funds and other institutional investors.

International Business Machines Stock Performance

Shares of IBM stock opened at $257.80 on Friday. The firm has a market capitalization of $243.65 billion, a price-to-earnings ratio of 21.98, a price-to-earnings-growth ratio of 2.54 and a beta of 0.73. The company has a debt-to-equity ratio of 1.57, a current ratio of 0.85 and a quick ratio of 0.80. The business has a fifty day moving average of $235.17 and a 200 day moving average of $249.93. International Business Machines Corporation has a 1 year low of $199.19 and a 1 year high of $332.46.

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

International Business Machines Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Tuesday, November 10th will be issued a dividend of $1.69 per share. The ex-dividend date of this dividend is Tuesday, November 10th. This represents a $6.76 dividend on an annualized basis and a dividend yield of 2.6%. International Business Machines's payout ratio is 57.63%.

Insider Activity at International Business Machines

In related news, SVP Robert Thomas sold 25,000 shares of the company's 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 owned 47,800 shares in the company, valued at $11,009,296. This represents a 34.34% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.27% of the stock is owned by company insiders.

Key International Business Machines News

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

• Positive Sentiment: IBM introduced new AI-agent security controls that combine HashiCorp Vault, Agent Identity, and watsonx Orchestrate. The tools provide centralized governance, least-privilege access, real-time credential revocation, and sandboxed execution across hybrid-cloud environments, potentially strengthening IBM’s position in enterprise AI security. IBM Debuts AI Agent Security Controls For Hybrid Cloud
• Positive Sentiment: Analysts and commentators highlighted improving momentum in IBM’s software business, including its hybrid-cloud and enterprise infrastructure operations. IBM’s approximately $12 billion in free cash flow may support continued investment and shareholder returns. IBM’s Software Business Is Picking Up Speed
• Neutral Sentiment: Research reports project strong growth in service virtualization, edge computing, configuration-management systems, SMB IT spending, and battery-warranty analytics—markets in which IBM is listed as a participant. The reports indicate long-term addressable-market opportunities but do not represent new contracts or revenue guidance for IBM. Configuration Management Systems Global Strategic Business Report
• Neutral Sentiment: IBM’s opposition to blockchain-based stock trading reflects concerns about tokenized-market structures, but the issue appears unlikely to materially affect near-term financial results. Why Oracle, Intel, and IBM Are Saying No to Blockchain-Based Stock Trading
• Negative Sentiment: Concerns about IBM’s debt load and whether its long record of dividend increases can continue are weighing on the investment case. The stock’s decline during 2026 has made the dividend more attractive, but also highlights balance-sheet and payout sustainability risks. IBM Stock Is Down 13% in 2026. Is Its Dividend Still Safe?

Analysts Set New Price Targets

Several research analysts recently commented on IBM shares. Susquehanna boosted their price objective on shares of International Business Machines from $235.00 to $256.00 and gave the stock a "neutral" rating in a research note on Wednesday, October 21st. JPMorgan Chase & Co. raised their target price on shares of International Business Machines from $250.00 to $269.00 and gave the company an "overweight" rating in a research note on Thursday, October 22nd. Robert W. Baird raised their target price on shares of International Business Machines from $230.00 to $260.00 and gave the company a "neutral" rating in a research note on Thursday, October 22nd. Argus cut 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 report on Thursday, July 16th. Finally, Oppenheimer downgraded International Business Machines from an "outperform" rating to a "market perform" rating in a research report on Wednesday, July 15th. Nineteen analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, International Business Machines currently has an average rating of "Moderate Buy" and an average target price of $266.12.

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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