International Business Machines Corporation $IBM Stock Position Raised by Generali Investments Management Co LLC

Key Points

• Generali Investments raised its IBM stake by 26.9%, buying 3,065 shares to hold 14,449 shares worth about $4.28 million, making IBM its 24th largest position.
• IBM reported a Q1 beat (EPS $1.91 vs. $1.81 est.; revenue $15.92B vs. $15.60B) and raised its quarterly dividend to $1.69 (annualized $6.76, ~2.9% yield), marking the 31st consecutive annual raise.
• Despite the beat and dividend hike, the stock saw post‑earnings selling over near‑term AI monetization concerns; analysts remain mixed but the consensus rating is a Moderate Buy with an average target of about $300.25.

Generali Investments Management Co LLC raised its position in shares of International Business Machines Corporation (NYSE:IBM - Free Report) by 26.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,449 shares of the technology company's stock after purchasing an additional 3,065 shares during the period. International Business Machines accounts for about 0.8% of Generali Investments Management Co LLC's investment portfolio, making the stock its 24th largest position. Generali Investments Management Co LLC's holdings in International Business Machines were worth $4,280,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Foster Group Inc. raised its stake in shares of International Business Machines by 1.3% during the 4th quarter. Foster Group Inc. now owns 2,507 shares of the technology company's stock worth $742,000 after purchasing an additional 33 shares in the last quarter. CVA Family Office LLC lifted its holdings in International Business Machines by 1.4% in the 4th quarter. CVA Family Office LLC now owns 2,389 shares of the technology company's stock worth $708,000 after purchasing an additional 33 shares during the last quarter. New Covenant Trust Company N.A. lifted its holdings in International Business Machines by 3.8% in the 4th quarter. New Covenant Trust Company N.A. now owns 905 shares of the technology company's stock worth $264,000 after purchasing an additional 33 shares during the last quarter. CFS Investment Advisory Services LLC lifted its holdings in International Business Machines by 0.4% in the 3rd quarter. CFS Investment Advisory Services LLC now owns 9,359 shares of the technology company's stock worth $2,878,000 after purchasing an additional 34 shares during the last quarter. Finally, KPP Advisory Services LLC lifted its holdings in International Business Machines by 1.7% in the 3rd quarter. KPP Advisory Services LLC now owns 2,069 shares of the technology company's stock worth $584,000 after purchasing an additional 34 shares during the last quarter. 58.96% of the stock is owned by hedge funds and other institutional investors.

International Business Machines Stock Performance

Shares of NYSE IBM opened at $231.88 on Friday. The company has a quick ratio of 0.92, a current ratio of 0.80 and a debt-to-equity ratio of 1.75. The business's 50 day moving average is $245.87 and its two-hundred day moving average is $280.46. The company has a market cap of $217.51 billion, a P/E ratio of 20.50, a P/E/G ratio of 2.42 and a beta of 0.69. International Business Machines Corporation has a 12 month low of $220.72 and a 12 month high of $324.90.

International Business Machines (NYSE:IBM - Get Free Report) last issued its quarterly earnings results on Wednesday, April 22nd. The technology company reported $1.91 EPS for the quarter, topping the consensus estimate of $1.81 by $0.10. The company had revenue of $15.92 billion for the quarter, compared to the consensus estimate of $15.60 billion. International Business Machines had a return on equity of 37.23% and a net margin of 15.61%.The company's revenue for the quarter was up 9.5% on a year-over-year basis. During the same period in the previous year, the business posted $1.60 EPS. On average, equities analysts expect that International Business Machines Corporation will post 12.33 EPS for the current year.

International Business Machines Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Friday, May 8th will be given a $1.69 dividend. The ex-dividend date of this dividend is Friday, May 8th. This represents a $6.76 annualized dividend and a yield of 2.9%. This is an increase from International Business Machines's previous quarterly dividend of $1.68. International Business Machines's dividend payout ratio (DPR) is presently 60.27%.

Key International Business Machines News

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

• Positive Sentiment: DZ Bank upgraded IBM to Buy with a $295 price target, giving bullish analyst support and a clear catalyst for buyers. DZ Bank Upgrades IBM to Buy With a $295 Price Target
• Positive Sentiment: IBM unveiled a new AI model aimed at better understanding fusion plasma — a positive long-term innovation narrative that supports IBM’s AI/technology credentials beyond near-term software metrics. IBM’s New AI Model Could Help Unlock Fusion Power
• Positive Sentiment: IBM raised its quarterly dividend to $1.69 (31st consecutive annual raise), which supports income-focused investor demand. What IBM's Q1 Beat and 31st Dividend Hike Mean
• Neutral Sentiment: IBM beat Q1 revenue and EPS estimates (revenue ~$15.9B, EPS $1.91) but management largely reiterated full‑year guidance — the beat removes one concern but the unchanged outlook limits upside momentum. IBM Q1 Deep Dive
• Neutral Sentiment: Broader market and sector context (software volatility, geopolitical oil/Strait of Hormuz risks) are contributing background noise that can amplify short-term swings but aren’t IBM‑specific fundamentals. US software stocks slide as IBM, ServiceNow results reignite AI disruption fears
• Negative Sentiment: Investors punished the stock after earnings because software growth was viewed as underwhelming versus AI hype; this sparked a sharp post‑earnings selloff (double‑digit moves intraday in recent sessions). IBM slides 8% as investors digest Q1 beat
• Negative Sentiment: Some analysts trimmed targets or expressed concern about near‑term AI monetization, including a recent target cut that helped fuel selling pressure. Stock Down After Analyst Target Cut

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on IBM shares. Jefferies Financial Group reduced their target price on International Business Machines from $370.00 to $320.00 and set a "buy" rating for the company in a report on Monday. Wedbush reduced their target price on International Business Machines from $340.00 to $320.00 and set an "outperform" rating for the company in a report on Thursday. Dbs Bank upgraded International Business Machines from a "hold" rating to a "moderate buy" rating in a report on Monday, January 19th. Bank of America boosted their target price on International Business Machines from $315.00 to $335.00 and gave the stock a "buy" rating in a report on Tuesday, January 13th. Finally, Morgan Stanley boosted their target price on International Business Machines from $215.00 to $225.00 and gave the stock an "equal weight" rating in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and six have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $300.25.

Insider Activity at International Business Machines

In other International Business Machines news, Director Michael Miebach purchased 434 shares of the company's stock in a transaction on Wednesday, February 25th. The shares were bought at an average cost of $233.33 per share, with a total value of $101,265.22. Following the transaction, the director directly owned 434 shares in the company, valued at approximately $101,265.22. This represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director David N. Farr purchased 1,000 shares of the company's stock in a transaction on Friday, January 30th. The stock was acquired at an average cost of $304.00 per share, for a total transaction of $304,000.00. Following the completion of the transaction, the director owned 9,258 shares in the company, valued at approximately $2,814,432. This trade represents a 12.11% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last ninety days, insiders acquired 1,484 shares of company stock worth $417,157. Company insiders own 0.27% of the company's stock.

International Business Machines Profile

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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