International Business Machines Corporation $IBM Stock Acquired by Citizens Financial Group Inc. RI

Key Points

• Citizens Financial Group increased its IBM holdings by 15.8% in the third quarter, owning 66,289 shares valued at approximately $14.6 million. Institutional investors and hedge funds collectively hold 58.96% of IBM’s outstanding stock.
• IBM reported quarterly EPS of $2.95, beating estimates by $0.10, while revenue rose 4.7% year over year to $17.1 billion. The company also declared a quarterly dividend of $1.69 per share, equivalent to a 2.7% annualized yield.
• Analyst sentiment remains generally positive, with IBM carrying a “Moderate Buy” consensus rating and an average price target of $266.12, although concerns persist about valuation, debt, slower Consulting growth and the durability of its software rebound.

Citizens Financial Group Inc. RI lifted its holdings in International Business Machines Corporation (NYSE:IBM - Free Report) by 15.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 66,289 shares of the technology company's stock after buying an additional 9,060 shares during the quarter. Citizens Financial Group Inc. RI's holdings in International Business Machines were worth $14,579,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IBM. Anderson Hoagland & Co. increased its holdings in International Business Machines by 11.2% in the third quarter. Anderson Hoagland & Co. now owns 42,170 shares of the technology company's stock valued at $9,274,000 after buying an additional 4,235 shares in the last quarter. Simplicity Wealth LLC lifted its position in shares of International Business Machines by 21.4% during the 3rd quarter. Simplicity Wealth LLC now owns 36,046 shares of the technology company's stock valued at $7,928,000 after acquiring an additional 6,342 shares during the period. Carolina Wealth Advisors LLC boosted its stake in shares of International Business Machines by 2.9% during the 3rd quarter. Carolina Wealth Advisors LLC now owns 9,107 shares of the technology company's stock worth $2,003,000 after acquiring an additional 254 shares in the last quarter. NTV Asset Management LLC boosted its stake in shares of International Business Machines by 2.2% during the 3rd quarter. NTV Asset Management LLC now owns 17,494 shares of the technology company's stock worth $3,848,000 after acquiring an additional 384 shares in the last quarter. Finally, Sowell Financial Services LLC boosted its stake in shares of International Business Machines by 0.5% during the 3rd quarter. Sowell Financial Services LLC now owns 39,289 shares of the technology company's stock worth $8,641,000 after acquiring an additional 213 shares in the last quarter. Institutional investors and hedge funds own 58.96% of the company's stock.

International Business Machines Stock Up 0.6%

Shares of NYSE IBM opened at $253.69 on Friday. International Business Machines Corporation has a 12-month low of $199.19 and a 12-month high of $332.46. The company has a market capitalization of $239.01 billion, a PE ratio of 21.63, a price-to-earnings-growth ratio of 2.43 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 0.74. The firm's 50-day moving average is $233.06 and its two-hundred day moving average is $243.70.

International Business Machines (NYSE:IBM - Get Free Report) last released its quarterly earnings results on Wednesday, October 21st. The technology company reported $2.95 EPS for the quarter, beating the consensus estimate of $2.85 by $0.10. International Business Machines had a net margin of 15.99% and a return on equity of 34.37%. The business had revenue of $17.10 billion for the quarter, compared to analyst estimates of $16.82 billion. During the same period in the prior year, the business earned $2.65 earnings per share. The company's quarterly revenue was up 4.7% on a year-over-year basis. Equities analysts anticipate that International Business Machines Corporation will post 12.41 EPS for the current fiscal year.

International Business Machines Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Tuesday, November 10th will be paid a $1.69 dividend. The ex-dividend date of this dividend is Tuesday, November 10th. This represents a $6.76 dividend on an annualized basis and a yield of 2.7%. International Business Machines's dividend payout ratio is presently 57.63%.

Insider Buying and Selling

In other International Business Machines news, SVP Robert Thomas sold 25,000 shares of the stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $230.32, for a total transaction of $5,758,000.00. Following the sale, the senior vice president owned 47,800 shares in the company, valued at approximately $11,009,296. This represents a 34.34% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.27% 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 reported third-quarter revenue of $17.1 billion, up 4.7% year over year, while adjusted EPS of $2.95 exceeded analyst expectations. Software growth accelerated to 9% at constant currency, infrastructure demand improved, and operating pretax margins expanded by 70 basis points. IBM Beats Q3 Earnings Estimates on Software, Infrastructure Growth
• Positive Sentiment: Management raised its full-year free-cash-flow outlook, supported by stronger software performance, Red Hat demand and enterprise AI activity. Transaction-processing revenue also rose 10%, suggesting improving demand in key recurring-revenue businesses. IBM: 3 Key Takeaways for Long-Term Investors
• Positive Sentiment: Several analysts raised their earnings estimates or price targets following the results. Erste Group increased its FY2027 EPS forecast to $13.40 from $13.13, while JPMorgan, RBC and Stifel reiterated positive ratings and lifted targets. IBM Analyst Estimates and Ratings
• Neutral Sentiment: IBM’s updated FY2026 revenue guidance of $70.2 billion to $70.9 billion broadly brackets the $70.4 billion consensus estimate. The outlook was not meaningfully raised, leaving investors focused on whether the software rebound can continue.
• Neutral Sentiment: IBM declared a quarterly dividend of $1.69 per share, or $6.76 annualized, reinforcing its appeal to income-oriented investors. A separate dividend-stock article highlighted IBM’s decades-long record of payout increases. IBM Declares $1.69 Dividend
• Negative Sentiment: Investors remain concerned that roughly half of the software growth benefited from the Confluent acquisition and that management’s unchanged revenue outlook implies slower growth later in the year. IBM’s comments that lower-cost, open-weight AI models can deliver comparable performance also raised questions about pricing power and AI monetization. Why Isn’t IBM’s Stock Bouncing Back After Strong Earnings Results?
• Negative Sentiment: Some analysts view IBM’s valuation as demanding relative to its modest underlying growth, while slower Consulting performance, debt and uncertainty over the durability of the software rebound could limit further upside.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the company. Weiss Ratings raised International Business Machines from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Wednesday, October 14th. Sanford C. Bernstein reduced their price objective on International Business Machines from $280.00 to $230.00 and set a "market perform" rating for the company in a report on Thursday, July 23rd. HSBC decreased their target price on International Business Machines from $175.00 to $174.00 in a research report on Friday, July 24th. Citigroup upped their target price on International Business Machines from $245.00 to $280.00 and gave the company a "buy" rating in a report on Thursday. Finally, UBS Group raised their price target on International Business Machines from $236.00 to $243.00 and gave the company a "neutral" rating in a research report on Thursday. Twenty investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, International Business Machines presently has a consensus rating of "Moderate Buy" and an average target price of $266.12.

International Business Machines 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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