International Business Machines Corporation $IBM Stock Acquired by Fifth Third Wealth Advisors LLC

Key Points

• Fifth Third Wealth Advisors increased its IBM holdings by 10.9% in the third quarter, adding 3,319 shares for a total position of 33,726 shares valued at approximately $7.4 million. Institutional investors collectively own 58.96% of IBM.
• IBM reported quarterly revenue of $17.1 billion, up 4.7% year over year, while EPS of $2.95 exceeded analyst expectations of $2.85.
• IBM declared a quarterly dividend of $1.69 per share, representing a 2.7% yield, while analysts maintained a “Moderate Buy” consensus with an average price target of $266.12.

Fifth Third Wealth Advisors LLC raised its holdings in International Business Machines Corporation (NYSE:IBM - Free Report) by 10.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 33,726 shares of the technology company's stock after purchasing an additional 3,319 shares during the period. Fifth Third Wealth Advisors LLC's holdings in International Business Machines were worth $7,417,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the company. Harborfront Financial Group LLC acquired a new position in shares of International Business Machines during the second quarter worth about $27,000. Hara Capital LLC bought a new position in shares of International Business Machines in the 2nd quarter worth about $28,000. Bare Financial Services Inc grew its holdings in shares of International Business Machines by 114.6% during the second quarter. Bare Financial Services Inc now owns 103 shares of the technology company's stock valued at $29,000 after purchasing an additional 55 shares during the last quarter. Portus Wealth Advisors LLC acquired a new stake in International Business Machines in the first quarter worth $26,000. Finally, Caitlin John LLC bought a new stake in shares of International Business Machines during the second quarter valued at approximately $35,000. Institutional investors and hedge funds own 58.96% of the company's stock.

International Business Machines Trading Up 0.6%

Shares of NYSE IBM opened at $253.69 on Friday. The business has a fifty day simple moving average of $233.06 and a 200-day simple moving average of $243.70. The company has a market cap of $239.01 billion, a price-to-earnings ratio of 21.63, a P/E/G ratio of 2.42 and a beta of 0.73. International Business Machines Corporation has a 12 month low of $199.19 and a 12 month high of $332.46. The company has a quick ratio of 0.74, a current ratio of 0.85 and a debt-to-equity ratio of 1.57.

International Business Machines (NYSE:IBM - Get Free Report) last posted its quarterly earnings data on Wednesday, October 21st. The technology company reported $2.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.85 by $0.10. International Business Machines had a return on equity of 34.37% and a net margin of 15.99%. The firm had revenue of $17.10 billion for the quarter, compared to the consensus estimate of $16.82 billion. During the same quarter in the previous year, the company earned $2.65 EPS. The business's revenue for the quarter was up 4.7% compared to the same quarter last year. Sell-side analysts predict that International Business Machines Corporation will post 12.34 EPS for the current year.

International Business Machines Dividend Announcement

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

Insider Buying and Selling at International Business Machines

In other news, SVP Robert Thomas sold 25,000 shares of International Business Machines 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 transaction, the senior vice president owned 47,800 shares in the company, valued at approximately $11,009,296. The trade was a 34.34% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.27% of the company's stock.

International Business Machines News Summary

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 research firms have recently issued reports on IBM. BMO Capital Markets increased their price target on International Business Machines from $230.00 to $265.00 and gave the stock a "market perform" rating in a research note on Thursday. The Goldman Sachs Group reissued a "buy" rating and set a $300.00 target price on shares of International Business Machines in a research note on Thursday. Evercore dropped their price target on shares of International Business Machines from $310.00 to $250.00 and set an "outperform" rating on the stock in a research report on Thursday, July 16th. Citigroup increased their price objective on shares of International Business Machines from $245.00 to $280.00 and gave the company a "buy" rating in a report on Thursday. Finally, Jefferies Financial Group raised their price objective on shares of International Business Machines from $270.00 to $280.00 and gave the company a "buy" rating in a research note 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. According to data from MarketBeat, International Business Machines has an average rating of "Moderate Buy" and an average price target of $266.12.

About International Business Machines

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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