International Business Machines Corporation $IBM Stock Bought by Onyx Bridge Wealth Group LLC

Key Points

• Onyx Bridge Wealth Group increased its IBM stake by 59.9% in the third quarter, purchasing 4,841 additional shares to own 12,920 shares valued at approximately $2.84 million. Institutional investors collectively hold 58.96% of IBM’s stock.
• Analysts maintain a generally positive outlook, with IBM receiving a “Moderate Buy” consensus rating and an average price target of $254.96. Ratings include 19 Buys, 12 Holds and 2 Sells.
• IBM’s shares opened at $232.58, while the company reported quarterly EPS of $2.93 and revenue of $17.16 billion. IBM also declared a $1.69 quarterly dividend, equivalent to a $6.76 annualized payout and a 2.9% yield; meanwhile, an IBM senior vice president sold 25,000 shares.

Onyx Bridge Wealth Group LLC lifted its stake in shares of International Business Machines Corporation (NYSE:IBM - Free Report) by 59.9% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,920 shares of the technology company's stock after purchasing an additional 4,841 shares during the period. Onyx Bridge Wealth Group LLC's holdings in International Business Machines were worth $2,842,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in IBM. Portus Wealth Advisors LLC purchased a new stake in shares of International Business Machines in the first quarter valued at $26,000. Harborfront Financial Group LLC acquired a new stake in International Business Machines in the second quarter valued at approximately $27,000. Hara Capital LLC acquired a new stake in shares of International Business Machines in the 2nd quarter valued at $28,000. Bare Financial Services Inc boosted its stake in shares of International Business Machines by 114.6% during the 2nd quarter. Bare Financial Services Inc now owns 103 shares of the technology company's stock worth $29,000 after acquiring an additional 55 shares in the last quarter. Finally, Caitlin John LLC bought a new stake in International Business Machines during the second quarter worth approximately $35,000. Hedge funds and other institutional investors own 58.96% of the company's stock.

Analysts Set New Price Targets

IBM has been the subject of a number of recent analyst reports. Craig Hallum began coverage on shares of International Business Machines in a report on Wednesday, August 19th. They set a "buy" rating for the company. Argus lowered their price target on shares of International Business Machines from $360.00 to $280.00 and set a "buy" rating on the stock in a report on Thursday, July 16th. KeyCorp lowered International Business Machines to a "sector weight" rating in a research note on Tuesday, June 23rd. Truist Financial assumed coverage on shares of International Business Machines in a research report on Friday, October 9th. They set a "hold" rating and a $240.00 target price for the company. Finally, Weiss Ratings raised International Business Machines from a "hold (c+)" rating to a "buy (b-)" rating in a report on Wednesday. Nineteen analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, International Business Machines has an average rating of "Moderate Buy" and an average target price of $254.96.

Insider Buying and Selling

In other International Business Machines news, SVP Robert Thomas sold 25,000 shares of International Business Machines stock in a transaction dated 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 directly 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 transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.27% of the company's stock.

Key International Business Machines News

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

• Positive Sentiment: Bank of America expects IBM to deliver a modest third-quarter earnings beat while maintaining its 2026 outlook. The bank reiterated its Buy rating and $280 price target, citing higher-margin software, improving profitability and strong free cash flow. IBM poised for modest third-quarter beat, says Bank of America
• Positive Sentiment: Analysts expect software revenue to benefit from AI innovation, strategic partnerships and expanding enterprise-cloud capabilities. Consulting revenue is also projected to show modest growth, supported by technology demand, AI partnerships and cybersecurity-related expansion. IBM software revenue earnings preview
• Positive Sentiment: IBM and Siemens are collaborating on IBM’s nanostack transistor architecture, combining IBM semiconductor research with Siemens’ design-automation and manufacturing software. The initiative reinforces IBM’s long-term investment in advanced chips and computing technology. Siemens joins IBM nanostack research effort
• Neutral Sentiment: IBM reports third-quarter results next week, and options traders are pricing in a potential move of roughly 8% after the release. The elevated implied volatility signals substantial uncertainty rather than a clearly bullish or bearish expectation. IBM options market expects major post-earnings move
• Neutral Sentiment: Morgan Stanley raised its IBM price target to $238 but maintained an Equal Weight rating, implying limited near-term upside at the referenced price. RBC separately reaffirmed its Outperform rating. RBC reaffirms IBM Outperform rating
• Negative Sentiment: Investor concerns remain about IBM’s valuation, rising debt and limited dividend growth. Commentary noted that the company’s long record of annual dividend increases has recently involved only small raises, potentially constraining its appeal to income-focused investors while it funds AI initiatives. IBM dividend and debt concerns

International Business Machines Trading Down 0.7%

IBM opened at $232.58 on Friday. The firm has a 50 day simple moving average of $231.99 and a 200 day simple moving average of $243.58. The company has a market cap of $219.12 billion, a price-to-earnings ratio of 20.64, a price-to-earnings-growth ratio of 2.21 and a beta of 0.73. International Business Machines Corporation has a fifty-two week low of $199.19 and a fifty-two week high of $332.46. 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 (NYSE:IBM - Get Free Report) last posted its quarterly earnings results on Wednesday, July 22nd. The technology company reported $2.93 earnings per share for the quarter, meeting analysts' consensus estimates 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 quarter in the prior year, the business posted $2.80 EPS. The firm's quarterly revenue was up 1.1% on a year-over-year basis. On average, sell-side analysts anticipate that International Business Machines Corporation will post 12.34 earnings per share for the current year.

International Business Machines Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, September 10th. Shareholders of record on Monday, August 10th were issued a $1.69 dividend. The ex-dividend date was Monday, August 10th. This represents a $6.76 annualized dividend and a yield of 2.9%. International Business Machines's dividend payout ratio (DPR) is 59.98%.

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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