International Business Machines Corporation $IBM Stake Lessened by Minneapolis Portfolio Management Group LLC

Minneapolis Portfolio Management Group LLC decreased its holdings in shares of International Business Machines Corporation (NYSE:IBM - Free Report) by 2.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 139,302 shares of the technology company's stock after selling 2,802 shares during the quarter. International Business Machines accounts for approximately 3.7% of Minneapolis Portfolio Management Group LLC's holdings, making the stock its 11th biggest position. Minneapolis Portfolio Management Group LLC's holdings in International Business Machines were worth $39,173,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the business. Basepoint Wealth LLC purchased a new stake in shares of International Business Machines in the fourth quarter worth approximately $25,000. Portus Wealth Advisors LLC purchased a new position in International Business Machines during the first quarter valued at approximately $26,000. Joseph Group Capital Management acquired a new position in International Business Machines in the 4th quarter valued at approximately $28,000. Cornerstone Financial Management LLC acquired a new stake in shares of International Business Machines during the 4th quarter valued at $28,000. Finally, SWAN Capital LLC acquired a new stake in International Business Machines during the third quarter valued at $28,000. 58.96% of the stock is owned by hedge funds and other institutional investors.

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

A number of analysts have issued reports on IBM shares. Morgan Stanley reduced their target price on shares of 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. Wolfe Research lowered International Business Machines to a "peer perform" rating in a report on Tuesday, June 23rd. Wall Street Zen cut International Business Machines from a "hold" rating to a "sell" rating in a research report on Saturday, July 18th. HSBC set a $175.00 price objective on International Business Machines and gave the company a "reduce" rating in a report on Thursday, July 16th. Finally, JPMorgan Chase & Co. reduced their target price on International Business Machines from $291.00 to $250.00 and set an "overweight" rating for the company in a report on Friday, July 17th. Sixteen analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $265.40.

International Business Machines Stock Up 1.3%

International Business Machines stock opened at $234.02 on Wednesday. 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 Corporation has a fifty-two week low of $199.19 and a fifty-two week high of $332.46. The firm has a fifty day moving average price of $245.71 and a two-hundred day moving average price of $249.59. The firm has a market cap of $220.47 billion, a price-to-earnings ratio of 20.76, a P/E/G ratio of 2.27 and a beta of 0.70.

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 (EPS) for the quarter, meeting the consensus estimate of $2.93. International Business Machines had a return on equity of 35.65% and a net margin of 15.52%.The company had revenue of $17.16 billion for the quarter, compared to the consensus estimate of $17.46 billion. During the same period last year, the business posted $2.80 earnings per share. The firm's revenue was up 1.1% compared to the same quarter last year. As a group, analysts forecast that International Business Machines Corporation will post 12.33 earnings per share for the current year.

International Business Machines Announces Dividend

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