International Business Machines Corporation $IBM Stock: Choreo LLC Boosts Holdings

Key Points

• Choreo LLC increased its IBM stake by 16.7% in the third quarter to 55,558 shares valued at approximately $12.2 million. Institutional investors collectively own 58.96% of IBM, while an IBM senior vice president recently sold 25,000 shares.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and a $266.12 price target. Recent targets range from $240 at Morgan Stanley to $300 at Goldman Sachs.
• IBM’s latest quarter exceeded expectations, with adjusted earnings of $2.95 per share and revenue of $17.10 billion, up 4.7% year over year. The company also declared a quarterly dividend of $1.69 per share, representing a 2.6% yield.

Choreo LLC lifted its position in shares of International Business Machines Corporation (NYSE:IBM - Free Report) by 16.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 55,558 shares of the technology company's stock after acquiring an additional 7,959 shares during the quarter. Choreo LLC's holdings in International Business Machines were worth $12,219,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of IBM. Friday Financial raised its holdings in International Business Machines by 1.9% during the second quarter. Friday Financial now owns 1,903 shares of the technology company's stock worth $583,000 after purchasing an additional 35 shares during the last quarter. Trinity Wealth Management LLC boosted its position in International Business Machines by 2.3% during the second quarter. Trinity Wealth Management LLC now owns 1,695 shares of the technology company's stock worth $477,000 after purchasing an additional 38 shares in the last quarter. Pettinga Financial Advisors LLC grew its holdings in International Business Machines by 3.6% in the second quarter. Pettinga Financial Advisors LLC now owns 1,090 shares of the technology company's stock valued at $307,000 after purchasing an additional 38 shares during the last quarter. HHM Wealth Advisors LLC grew its holdings in International Business Machines by 4.6% in the second quarter. HHM Wealth Advisors LLC now owns 928 shares of the technology company's stock valued at $261,000 after purchasing an additional 41 shares during the last quarter. Finally, Basecamp Wealth Advisors LLC grew its holdings in International Business Machines by 2.8% in the first quarter. Basecamp Wealth Advisors LLC now owns 1,598 shares of the technology company's stock valued at $387,000 after purchasing an additional 44 shares during the last quarter. Institutional investors and hedge funds own 58.96% of the company's stock.

Insider Activity at International Business Machines

In related 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 completion of the sale, the senior vice president owned 47,800 shares in the company, valued at approximately $11,009,296. This trade represents a 34.34% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.27% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on IBM. Morgan Stanley raised their price target on International Business Machines from $238.00 to $240.00 and gave the company an "equal weight" rating in a research report on Thursday, October 22nd. Royal Bank Of Canada reiterated an "outperform" rating and issued a $270.00 price objective on shares of International Business Machines in a research report on Thursday, October 22nd. The Goldman Sachs Group reissued a "buy" rating and issued a $300.00 price objective on shares of International Business Machines in a research note on Thursday, October 22nd. Yorkville Ives began coverage on shares of International Business Machines in a report on Monday, October 5th. They set an "outperform" rating and a $275.00 target price for the company. Finally, Craig Hallum started coverage on shares of International Business Machines in a research report on Wednesday, August 19th. They set a "buy" rating for the company. Twenty investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $266.12.

More International Business Machines News

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

• Positive Sentiment: IBM’s software business is reportedly gaining momentum, strengthening the case that hybrid cloud, automation and AI offerings can become more important growth drivers. IBM’s Software Business Is Picking Up Speed
• Positive Sentiment: A reported quantum-computing breakthrough, involving processors connected with approximately 99% accuracy, reinforces IBM’s positioning in a potentially important long-term technology market. IBM Achieves 99% Accuracy in Major Quantum Computing Breakthrough
• Positive Sentiment: IBM and the U.S. Tennis Association extended their partnership through 2031, making IBM the U.S. Open’s official AI and cloud partner. The event’s IBM-powered digital platforms generated more than 270 million engagements in 2026, providing commercial validation for its AI and cloud capabilities. USTA and IBM Announce Five-Year Renewal
• Positive Sentiment: IBM’s latest reported quarter exceeded consensus estimates for both earnings per share and revenue, while revenue increased 4.7% year over year. Its approximately $12 billion in annual free cash flow also supports investment and shareholder returns.
• Neutral Sentiment: Analyst comparisons with Adobe and Qualcomm highlight IBM’s dependable enterprise infrastructure and hybrid-cloud position, but also suggest investors must weigh its slower growth and valuation against faster-growing technology peers. IBM vs. Qualcomm
• Negative Sentiment: Dividend-focused coverage flags IBM’s substantial debt load as a risk to the company’s long record of dividend increases. Higher leverage could limit financial flexibility if cash flow weakens or interest costs rise. Is IBM’s Dividend Still Safe?
• Negative Sentiment: Technical coverage noted IBM shares moving below the 200-day moving average, a signal that can pressure sentiment among momentum-oriented investors. IBM Shares Break Below Two Hundred Day Moving Average

International Business Machines Price Performance

Shares of NYSE:IBM opened at $258.19 on Friday. The business's fifty day moving average price is $234.68 and its two-hundred day moving average price is $250.20. The stock has a market cap of $244.02 billion, a PE ratio of 22.01, a price-to-earnings-growth ratio of 2.49 and a beta of 0.73. The company has a debt-to-equity ratio of 1.57, a quick ratio of 0.80 and a current ratio of 0.85. International Business Machines Corporation has a one year low of $199.19 and a one year high of $332.46.

International Business Machines (NYSE:IBM - Get Free Report) last released its quarterly earnings results on Wednesday, October 21st. The technology company reported $2.95 earnings per share 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 company had revenue of $17.10 billion during the quarter, compared to the consensus estimate of $16.82 billion. During the same quarter last year, the business posted $2.65 earnings per share. International Business Machines's revenue was up 4.7% compared to the same quarter last year. On average, analysts forecast that International Business Machines Corporation will post 12.41 EPS for the current fiscal year.

International Business Machines Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Tuesday, November 10th will be paid a dividend of $1.69 per share. The ex-dividend date of this dividend is Tuesday, November 10th. This represents a $6.76 dividend on an annualized basis and a dividend yield of 2.6%. International Business Machines's dividend payout ratio (DPR) is presently 57.63%.

International Business Machines Company 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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