International Business Machines Corporation $IBM Stock: Weaver Capital Management LLC Grows Position

Key Points

• Weaver Capital Management increased its IBM position by 60% in the third quarter, holding 7,676 shares worth approximately $1.69 million. Institutional investors collectively own 58.96% of IBM.
• IBM reported quarterly earnings of $2.93 per share, in line with analyst estimates, while revenue reached $17.16 billion and rose 1.1% year over year. The company also maintained a quarterly dividend of $1.69 per share, equivalent to a 2.9% yield.
• Analyst sentiment remains broadly positive, with a consensus “Moderate Buy” rating and a $254.96 target price, though concerns persist around IBM’s debt, cash-flow quality, execution risks and the sustainability of dividend growth.

Weaver Capital Management LLC lifted its holdings in shares of International Business Machines Corporation (NYSE:IBM - Free Report) by 60.0% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 7,676 shares of the technology company's stock after acquiring an additional 2,878 shares during the period. Weaver Capital Management LLC's holdings in International Business Machines were worth $1,688,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in IBM. Portus Wealth Advisors LLC acquired a new position in International Business Machines in the first quarter valued at approximately $26,000. Harborfront Financial Group LLC purchased a new position in International Business Machines in the second quarter valued at approximately $27,000. Hara Capital LLC acquired a new stake in International Business Machines during the second quarter worth approximately $28,000. Bare Financial Services Inc raised its holdings in International Business Machines by 114.6% during the second quarter. Bare Financial Services Inc now owns 103 shares of the technology company's stock worth $29,000 after purchasing an additional 55 shares in the last quarter. Finally, Caitlin John LLC acquired a new stake in International Business Machines during the second quarter worth approximately $35,000. 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 the company's stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $230.32, for a total value of $5,758,000.00. Following the completion of the sale, the senior vice president owned 47,800 shares in the company, valued at $11,009,296. This represents a 34.34% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.27% of the stock is owned by insiders.

International Business Machines Trading Up 2.7%

NYSE:IBM opened at $234.04 on Friday. The company has a market capitalization of $220.50 billion, a PE ratio of 20.77, a P/E/G ratio of 2.17 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 stock's 50 day moving average price is $232.08 and its 200 day moving average price is $243.66. The company has a quick ratio of 0.74, a current ratio of 0.79 and a debt-to-equity ratio of 1.63.

International Business Machines (NYSE:IBM - Get Free Report) last issued its quarterly earnings data on Wednesday, July 22nd. The technology company reported $2.93 earnings per share for the quarter, meeting analysts' consensus estimates of $2.93. The company had revenue of $17.16 billion during the quarter, compared to analysts' expectations of $17.46 billion. International Business Machines had a return on equity of 35.65% and a net margin of 15.52%. The firm's revenue for the quarter was up 1.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.80 earnings per share. On average, research analysts anticipate that International Business Machines Corporation will post 12.33 EPS for the current year.

International Business Machines Announces Dividend

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

Analysts Set New Price Targets

IBM has been the subject of several research analyst reports. Citigroup lowered their target price on shares of International Business Machines from $255.00 to $245.00 and set a "buy" rating for the company in a report on Friday, July 24th. Barclays dropped their target price on shares of International Business Machines from $288.00 to $262.00 and set an "overweight" rating on the stock in a research report on Thursday, July 23rd. Truist Financial started coverage on shares of International Business Machines in a research note on Friday, October 9th. They set a "hold" rating and a $240.00 price target on the stock. Weiss Ratings raised shares of International Business Machines from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Wednesday. Finally, Argus reduced their price target on shares of International Business Machines from $360.00 to $280.00 and set a "buy" rating for the company in a research report on Thursday, July 16th. Nineteen research 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. Based on data from MarketBeat, International Business Machines currently has a consensus rating of "Moderate Buy" and a consensus target price of $254.96.

More International Business Machines News

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

• Positive Sentiment: Potential earnings beat: Bank of America expects IBM to modestly exceed third-quarter estimates, while maintaining its 2026 outlook. The bank reiterated a “buy” rating and $280 price target, citing higher-margin software growth, improving profitability and strong free cash flow. IBM poised for modest third-quarter beat, says Bank of America
• Positive Sentiment: Analyst support: Morgan Stanley raised its IBM price target from $190 to $238, although it retained an “equal weight” rating. Royal Bank of Canada also reaffirmed its “outperform” rating, providing additional support ahead of earnings.
• Positive Sentiment: Semiconductor research collaboration: IBM and Siemens are working together to advance IBM’s nanostack transistor architecture. Siemens will contribute electronic-design automation, process simulation and manufacturing expertise, potentially strengthening IBM’s long-term semiconductor and technology prospects. IBM and Siemens Collaborate on Research to Advance Nanostack Architecture
• Neutral Sentiment: AI governance demand: IBM reported that 80% of surveyed EMEA executives had escalated an AI-related incident to their board or C-suite. The findings highlight a growing need for AI governance, cybersecurity and compliance services, but also show that many organizations are not yet prepared for autonomous AI agents. IBM Study on AI Incidents and Governance
• Negative Sentiment: Dividend and balance-sheet concerns: IBM’s century-long record of annual dividend increases is being tested by token-sized raises, rising debt and concerns that shareholder payouts could compete with funding for AI investments. IBM Dividend and Debt Concerns
• Negative Sentiment: Cash-flow quality and execution risks: Analysts note that much of IBM’s first-half operating-cash-flow improvement came from movements in financing receivables rather than clearly sustainable growth. Investors also remain focused on competition, margin pressure and whether AI and hybrid-cloud expansion can justify IBM’s premium valuation.

International Business Machines Company Profile

International Business Machines Corporation NYSE: IBM, commonly known as IBM, is a global technology company that provides hybrid cloud, artificial intelligence, software, consulting and infrastructure solutions. Its offerings help businesses and government organizations manage data, modernize applications, automate processes and improve cybersecurity.

IBM's portfolio includes the Red Hat hybrid cloud platform, the watsonx suite of artificial intelligence and data tools, consulting services, and enterprise software for areas such as automation, application management, security and asset management.

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