International Business Machines Corporation $IBM Shares Sold by RFG Advisory LLC

Key Points

• RFG Advisory LLC reduced its stake in International Business Machines (IBM) by 23.2% in Q4, selling 7,353 shares and leaving 24,386 shares valued at about $7.22 million.
• IBM beat quarterly expectations with $1.91 EPS versus $1.81 consensus and $15.92 billion in revenue (+9.5% y/y) and raised its quarterly dividend to $1.69 (annualized $6.76, ~3.0% yield).
• At Think 2026 IBM unveiled a broad suite of enterprise AI and hybrid‑cloud products (including watsonx Orchestrate), announced strategic partnerships and reported a quantum computing milestone, signaling potential upside from enterprise AI and long‑term technology leadership.

RFG Advisory LLC lessened its holdings in International Business Machines Corporation (NYSE:IBM - Free Report) by 23.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 24,386 shares of the technology company's stock after selling 7,353 shares during the quarter. RFG Advisory LLC's holdings in International Business Machines were worth $7,223,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in shares of International Business Machines by 5.0% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 2,103,553 shares of the technology company's stock worth $613,186,000 after purchasing an additional 99,702 shares during the period. Providence First Trust Co bought a new position in shares of International Business Machines in the 4th quarter worth about $678,000. AssuredPartners Investment Advisors LLC boosted its holdings in shares of International Business Machines by 248.0% in the 4th quarter. AssuredPartners Investment Advisors LLC now owns 5,088 shares of the technology company's stock valued at $1,507,000 after buying an additional 3,626 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd grew its position in shares of International Business Machines by 0.5% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 369,836 shares of the technology company's stock valued at $109,549,000 after buying an additional 1,818 shares during the last quarter. Finally, Boothe Investment Group Inc. grew its position in shares of International Business Machines by 9.5% during the 4th quarter. Boothe Investment Group Inc. now owns 7,309 shares of the technology company's stock valued at $2,165,000 after buying an additional 633 shares during the last quarter. Institutional investors own 58.96% of the company's stock.

Insiders Place Their Bets

In other International Business Machines news, Director Michael Miebach bought 434 shares of the business's stock in a transaction on Wednesday, February 25th. The shares were purchased at an average price of $233.33 per share, with a total value of $101,265.22. Following the purchase, the director directly owned 434 shares of the company's stock, valued at approximately $101,265.22. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. 0.27% of the stock is owned by insiders.

Key Stories Impacting International Business Machines

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

• Positive Sentiment: IBM rolled out a broad set of enterprise AI and hybrid-cloud products at Think 2026 — including next‑gen watsonx Orchestrate (multi‑agent orchestration), IBM Confluent for real‑time data, IBM Concert for intelligent operations, and the general availability of IBM Sovereign Core — positioning IBM to capture enterprise AI demand and digital‑sovereignty spending. Think 2026: IBM Delivers the Blueprint
• Positive Sentiment: IBM Consulting expanded its Enterprise Advantage offerings to accelerate hybrid/regulated enterprise AI deployments and updated its internal IBM Consulting Advantage platform — moves that could drive higher‑margin consulting revenue and faster client deployments. IBM Consulting Expands AI Capabilities
• Positive Sentiment: IBM announced strategic partnerships and integrations (expanded AWS and SAP collaborations, and a LogicMonitor integration linking watsonx and Red Hat Ansible) that increase deployment flexibility and multi‑vendor appeal for enterprise customers. LogicMonitor Collaborates with IBM
• Positive Sentiment: IBM and Aramco signaled an intended collaboration to accelerate AI, agentic AI and materials/industrial innovation in Saudi Arabia — a meaningful commercial expansion in a large, capital‑intensive market. IBM and Aramco Explore Collaboration
• Positive Sentiment: Quantum milestone: IBM, Cleveland Clinic and RIKEN simulated a 12,635‑atom protein — the largest biologically meaningful molecule modeled on quantum hardware to date — underscoring IBM’s leadership and potential long‑term upside in quantum computing. Cleveland Clinic, RIKEN, and IBM Model a 12,635‑Atom Protein
• Positive Sentiment: HSBC upgraded IBM on its quantum business valuation, providing a near‑term analyst catalyst and positive framing for IBM’s longer‑term growth opportunities. HSBC Upgrade on IBM
• Neutral Sentiment: CEO Arvind Krishna urged a “Goldilocks” approach to AI regulation — a public policy stance that highlights regulatory risk as a factor investors must watch, but does not create an immediate operational impact. Krishna on AI Regulation
• Neutral Sentiment: Market reports cite IBM as a player in adjacent cybersecurity and smart‑grid markets, which supports TAM expansion but is background/long‑horizon rather than an immediate earnings driver. Smart Grid Cybersecurity Market Report

International Business Machines Trading Down 0.2%

International Business Machines stock opened at $229.01 on Wednesday. International Business Machines Corporation has a 52-week low of $220.72 and a 52-week high of $324.90. The company has a quick ratio of 0.76, a current ratio of 0.80 and a debt-to-equity ratio of 1.75. The firm has a market capitalization of $215.24 billion, a price-to-earnings ratio of 20.25, a PEG ratio of 2.38 and a beta of 0.58. The firm has a 50-day moving average price of $242.95 and a two-hundred day moving average price of $278.53.

International Business Machines (NYSE:IBM - Get Free Report) last announced its quarterly earnings results on Wednesday, April 22nd. The technology company reported $1.91 EPS for the quarter, beating the consensus estimate of $1.81 by $0.10. The company had revenue of $15.92 billion for the quarter, compared to analyst estimates of $15.60 billion. International Business Machines had a net margin of 15.61% and a return on equity of 37.23%. International Business Machines's revenue was up 9.5% compared to the same quarter last year. During the same quarter last year, the business earned $1.60 earnings per share. Sell-side analysts expect that International Business Machines Corporation will post 12.38 earnings per share for the current year.

International Business Machines Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Friday, May 8th will be given a $1.69 dividend. The ex-dividend date is Friday, May 8th. This represents a $6.76 annualized dividend and a yield of 3.0%. This is an increase from International Business Machines's previous quarterly dividend of $1.68. International Business Machines's payout ratio is 59.42%.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. JPMorgan Chase & Co. cut their target price on shares of International Business Machines from $317.00 to $283.00 and set a "neutral" rating on the stock in a report on Wednesday, March 18th. Stifel Nicolaus lowered their target price on International Business Machines from $340.00 to $290.00 and set a "buy" rating for the company in a report on Wednesday, April 8th. Wall Street Zen cut International Business Machines from a "buy" rating to a "hold" rating in a research report on Sunday, January 11th. HSBC upgraded International Business Machines from a "reduce" rating to a "hold" rating and boosted their price objective for the company from $218.00 to $231.00 in a research report on Tuesday, April 28th. Finally, Royal Bank Of Canada lowered their price objective on International Business Machines from $361.00 to $330.00 and set an "outperform" rating for the company in a research note on Friday, April 17th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and seven have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $296.18.

International Business Machines Company Profile

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.

Want to see what other hedge funds are holding IBM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for International Business Machines Corporation (NYSE:IBM - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.