International Business Machines Corporation $IBM Shares Purchased by Luts & Greenleigh Group Inc.

Key Points

• Luts & Greenleigh Group Inc. raised its stake in International Business Machines by 597.1% in Q4 to 9,034 shares worth $2.676 million, making IBM roughly 2.3% of the firm's portfolio and its 7th-largest holding.
• Company insiders have been buying: Director David N. Farr purchased 1,000 shares at $304 and Michael Miebach bought 434 shares, with insiders acquiring a total of 1,484 shares (~$417,157) in the past 90 days and owning 0.27% of the stock.
• IBM recently beat expectations with $4.52 EPS vs. $4.33 expected and $19.69B in revenue (up 12.2% y/y); analysts' consensus is a Moderate Buy with a $301.94 average price target, and the stock yields 2.7% annually.

Luts & Greenleigh Group Inc. raised its stake in International Business Machines Corporation (NYSE:IBM - Free Report) by 597.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 9,034 shares of the technology company's stock after acquiring an additional 7,738 shares during the quarter. International Business Machines makes up approximately 2.3% of Luts & Greenleigh Group Inc.'s investment portfolio, making the stock its 7th largest position. Luts & Greenleigh Group Inc.'s holdings in International Business Machines were worth $2,676,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Mattson Financial Services LLC acquired a new position in International Business Machines in the third quarter valued at approximately $852,000. Waverton Investment Management Ltd raised its stake in shares of International Business Machines by 3.3% during the 3rd quarter. Waverton Investment Management Ltd now owns 993,743 shares of the technology company's stock worth $280,439,000 after buying an additional 32,072 shares during the period. Newbridge Financial Services Group Inc. raised its stake in shares of International Business Machines by 30.0% during the 4th quarter. Newbridge Financial Services Group Inc. now owns 13,122 shares of the technology company's stock worth $3,887,000 after buying an additional 3,029 shares during the period. NEOS Investment Management LLC raised its stake in shares of International Business Machines by 51.7% during the 3rd quarter. NEOS Investment Management LLC now owns 114,395 shares of the technology company's stock worth $32,278,000 after buying an additional 38,973 shares during the period. Finally, American National Bank & Trust raised its stake in shares of International Business Machines by 26.2% during the 3rd quarter. American National Bank & Trust now owns 12,537 shares of the technology company's stock worth $3,537,000 after buying an additional 2,603 shares during the period. 58.96% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director David N. Farr bought 1,000 shares of the business's stock in a transaction on Friday, January 30th. The stock was acquired at an average cost of $304.00 per share, with a total value of $304,000.00. Following the purchase, the director directly owned 9,258 shares of the company's stock, valued at $2,814,432. The trade was a 12.11% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Michael Miebach bought 434 shares of the business's stock in a transaction on Wednesday, February 25th. The stock was bought at an average cost of $233.33 per share, with a total value of $101,265.22. Following the completion of the purchase, the director directly owned 434 shares in the company, valued at approximately $101,265.22. The trade was a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders acquired a total of 1,484 shares of company stock valued at $417,157 over the last ninety days. Corporate insiders own 0.27% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on IBM shares. Royal Bank Of Canada reduced their target price on International Business Machines from $361.00 to $330.00 and set an "outperform" rating for the company in a research note on Friday. Dbs Bank raised International Business Machines from a "hold" rating to a "moderate buy" rating in a research note on Monday, January 19th. Evercore upped their target price on International Business Machines from $330.00 to $345.00 and gave the stock an "outperform" rating in a research note on Thursday, January 29th. UBS Group raised International Business Machines from a "sell" rating to a "neutral" rating and set a $236.00 target price for the company in a research note on Wednesday, February 25th. Finally, Argus set a $360.00 target price on International Business Machines in a research note on Friday, January 30th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat, International Business Machines currently has an average rating of "Moderate Buy" and a consensus price target of $301.94.

Key International Business Machines News

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

• Positive Sentiment: Wedbush reaffirmed an "outperform" rating and raised its $340 price target, signaling strong analyst conviction that IBM's AI/hybrid-cloud strategy can drive upside. Read More.
• Positive Sentiment: Wedbush/Dan Ives and other analysts are bullish on enterprise AI adoption — Ives specifically sees ~35% upside as customers move from AI pilots to large-scale deployments, supporting near-term revenue/earnings growth expectations. Read More.
• Positive Sentiment: Analysts broadly expect IBM to beat Q1 estimates; consensus previews highlight AI, hybrid cloud, automation and cybersecurity strength as the drivers to watch in the April 22 report. Read More.
• Positive Sentiment: IBM expanded the Illinois Discovery Accelerator with U. of Illinois to develop quantum-centric supercomputing (AI + quantum + HPC), reinforcing IBM’s positioning in next-gen computing that could open new enterprise contracts. Read More.
• Positive Sentiment: Real-world quantum/AI deployments in healthcare (Q4Bio finalists, partnerships like GNQ Insilico) showcase early commercial traction for IBM Quantum and healthcare-focused AI services — potential long-term revenue lift if deployments scale. Read More.
• Positive Sentiment: IBM rolled out new cybersecurity tools aimed at AI-powered attacks, addressing a fast-growing enterprise need and reinforcing cross-selling opportunities into existing clients. Read More.
• Neutral Sentiment: Zacks and other previews note IBM's strategic moves (Confluent acquisition, AI partnerships) but warn premium valuation and slipping EPS estimates are headwinds to consider — mixed implications for risk/return. Read More.
• Neutral Sentiment: Brand commentary (e.g., PYMNTS piece on legacy purchasing behavior) is informational about buyer psychology rather than an immediate stock catalyst. Read More.
• Negative Sentiment: The DOJ brought a novel false-claims action tied to diversity practices — an emerging legal/regulatory risk that could create reputational and financial uncertainty if it escalates. Read More.

International Business Machines Stock Up 1.0%

NYSE IBM opened at $253.50 on Friday. The business has a fifty day moving average price of $249.03 and a 200 day moving average price of $281.91. International Business Machines Corporation has a one year low of $220.72 and a one year high of $324.90. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.92 and a current ratio of 0.96. The company has a market cap of $237.79 billion, a P/E ratio of 22.74, a P/E/G ratio of 2.63 and a beta of 0.69.

International Business Machines (NYSE:IBM - Get Free Report) last posted its quarterly earnings data on Wednesday, January 28th. The technology company reported $4.52 EPS for the quarter, beating the consensus estimate of $4.33 by $0.19. International Business Machines had a return on equity of 38.15% and a net margin of 15.69%.The firm had revenue of $19.69 billion during the quarter, compared to the consensus estimate of $19.23 billion. During the same period in the prior year, the company earned $3.92 EPS. The firm's revenue was up 12.2% compared to the same quarter last year. Research analysts anticipate that International Business Machines Corporation will post 10.78 EPS for the current fiscal year.

International Business Machines Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 10th were paid a $1.68 dividend. The ex-dividend date of this dividend was Tuesday, February 10th. This represents a $6.72 dividend on an annualized basis and a dividend yield of 2.7%. International Business Machines's dividend payout ratio (DPR) is 60.27%.

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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