International Business Machines Corporation $IBM Stock Sold by James Investment Research Inc.

Key Points

• James Investment Research cut its IBM stake by 46.5% in the third quarter, selling 4,347 shares and retaining 4,992 shares valued at approximately $1.1 million. Institutional investors own about 58.96% of IBM.
• IBM reported quarterly EPS of $2.95 and revenue of $17.1 billion, beating analyst estimates and marking 4.7% year-over-year revenue growth. The company also declared a quarterly dividend of $1.69 per share, representing a 2.7% yield.
• Analyst sentiment remains broadly positive, with 20 Buy, 12 Hold and two Sell ratings and a consensus price target of $266.12. However, investors continue to weigh IBM’s valuation, debt, slower consulting growth and uncertainty over the durability of its software and AI expansion.

James Investment Research Inc. reduced its stake in International Business Machines Corporation (NYSE:IBM - Free Report) by 46.5% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,992 shares of the technology company's stock after selling 4,347 shares during the period. James Investment Research Inc.'s holdings in International Business Machines were worth $1,098,000 as of its most recent SEC filing.

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

Insider Buying and Selling

In related news, SVP Robert Thomas sold 25,000 shares of the firm's stock in a transaction that occurred on Wednesday, August 26th. The shares were 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 directly owned 47,800 shares in the company, valued at approximately $11,009,296. This trade represents a 34.34% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.27% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

IBM has been the topic of a number of recent analyst reports. Citic Securities lifted their price objective on shares of International Business Machines from $294.00 to $297.00 and gave the company a "buy" rating in a research note on Wednesday, July 29th. Daiwa Securities Group dropped their price target on shares of International Business Machines from $247.00 to $217.00 and set a "neutral" rating on the stock in a research report on Wednesday, July 29th. Morgan Stanley upped their price target on shares of International Business Machines from $238.00 to $240.00 and gave the stock an "equal weight" rating in a research note on Thursday. Jefferies Financial Group increased their price objective on shares of International Business Machines from $270.00 to $280.00 and gave the company a "buy" rating in a report on Thursday. Finally, Barclays raised their price objective on shares of International Business Machines from $262.00 to $277.00 and gave the company an "overweight" rating in a research note on Thursday. Twenty analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $266.12.

International Business Machines Price Performance

NYSE:IBM opened at $253.69 on Friday. The business's 50-day moving average price is $233.06 and its 200 day moving average price is $243.70. The firm has a market cap of $239.01 billion, a P/E ratio of 21.63, a PEG ratio of 2.43 and a beta of 0.73. International Business Machines Corporation has a 52-week low of $199.19 and a 52-week 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 issued its quarterly earnings results on Wednesday, October 21st. The technology company reported $2.95 EPS for the quarter, topping 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 firm had revenue of $17.10 billion for the quarter, compared to analysts' expectations of $16.82 billion. During the same period in the previous year, the business earned $2.65 earnings per share. International Business Machines's revenue for the quarter was up 4.7% compared to the same quarter last year. As a group, sell-side analysts predict that International Business Machines Corporation will post 12.41 earnings per share for the current fiscal year.

International Business Machines Dividend Announcement

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

More International Business Machines News

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.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.