Jones Financial Companies Lllp Buys Shares of 15,898 International Business Machines Corporation $IBM

Key Points

• Jones Financial Companies acquired 15,898 IBM shares worth approximately $4.47 million during the second quarter. Institutional investors collectively own 58.96% of IBM.
• Analyst sentiment remains generally positive, with a “Moderate Buy” consensus and an average price target of $265.90, although targets range widely from $190 to $330.
• IBM’s latest quarter met earnings expectations at $2.93 per share, while revenue of $17.16 billion fell short of estimates. Shares opened at $232.02, and investors continue to weigh quantum-computing potential against concerns about slowing IBM Z activity.

Jones Financial Companies Lllp bought a new stake in shares of International Business Machines Corporation (NYSE:IBM - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 15,898 shares of the technology company's stock, valued at approximately $4,471,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Basepoint Wealth LLC bought a new stake in shares of International Business Machines in the 4th quarter worth approximately $25,000. Portus Wealth Advisors LLC bought a new stake in International Business Machines during the first quarter worth approximately $26,000. Harborfront Financial Group LLC acquired a new position in International Business Machines in the second quarter worth approximately $27,000. Cornerstone Financial Management LLC bought a new position in shares of International Business Machines in the fourth quarter valued at $28,000. Finally, Hara Capital LLC bought a new stake in shares of International Business Machines during the 2nd quarter worth $28,000. Institutional investors own 58.96% of the company's stock.

Insider Transactions at International Business Machines

In other International Business Machines news, SVP Robert Thomas sold 25,000 shares of the 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 directly owned 47,800 shares of the company's stock, valued at $11,009,296. This represents a 34.34% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.27% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the company. Royal Bank Of Canada reiterated an "outperform" rating and issued a $270.00 price target on shares of International Business Machines in a research report on Tuesday, July 21st. Craig Hallum started coverage on shares of International Business Machines in a report on Wednesday, August 19th. They issued a "buy" rating for the company. The Goldman Sachs Group set a $270.00 price target on shares of International Business Machines in a report on Thursday, July 23rd. Morgan Stanley decreased their price objective on shares of International Business Machines from $293.00 to $190.00 and set an "equal weight" rating for the company in a research note on Thursday, July 23rd. Finally, Bank of America boosted their target price on shares of International Business Machines from $315.00 to $330.00 and gave the company a "buy" rating in a research note on Monday, July 6th. Sixteen research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $265.90.

Key Stories Impacting International Business Machines

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

• Positive Sentiment: IBM, Cleveland Clinic and Japan’s RIKEN advanced to the finals for the 2026 ACM Gordon Bell Prize after using quantum and classical computing to model a 12,635-atom protein. The achievement highlights IBM’s potential in quantum-centric supercomputing and life-sciences research. Cleveland Clinic, RIKEN and IBM Team Advance to Finals for 2026 ACM Gordon Bell Prize
• Positive Sentiment: An Evercore ISI analyst argued that IBM’s quantum-computing initiatives are effectively being valued at little or nothing in the current stock price, suggesting potential upside if the technology advances commercially. Is IBM’s selloff an opportunity? Here’s one case for the beaten-down stock.
• Neutral Sentiment: IBM shares were reported slightly higher ahead of the latest session, but the update offered no new fundamental catalyst. A separate comparison of IBM and Applied Digital focused on financial metrics rather than a specific IBM business development. IBM stock heads into the open after a 0.08 percent gain
• Negative Sentiment: The main pressure remains concern over a slowdown in IBM Z product activity. The resulting selloff prompted a securities-law investigation announcement, reinforcing investor worries about demand and execution in IBM’s core infrastructure business. IBM Shares Fall Following IBM Z Product Slowdown
• Negative Sentiment: Evercore warned that capital moving into anticipated AI initial public offerings could lead investors to sell existing holdings, placing IBM among stocks vulnerable to portfolio rotation. Evercore Warns AI IPOs Could Pressure IBM

International Business Machines Trading Down 1.2%

Shares of NYSE:IBM opened at $232.02 on Wednesday. The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.74 and a current ratio of 0.79. The stock's 50-day moving average is $239.81 and its 200-day moving average is $246.65. The company has a market cap of $218.59 billion, a P/E ratio of 20.59, a P/E/G ratio of 2.24 and a beta of 0.71. International Business Machines Corporation has a 52-week low of $199.19 and a 52-week high of $332.46.

International Business Machines (NYSE:IBM - Get Free Report) last announced its earnings results on Wednesday, July 22nd. The technology company reported $2.93 earnings per share for the quarter, meeting the consensus estimate of $2.93. The firm had revenue of $17.16 billion during the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.80 EPS. Equities research analysts predict that International Business Machines Corporation will post 12.33 earnings per share for the current year.

International Business Machines Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Monday, August 10th will be given a dividend of $1.69 per share. The ex-dividend date of this dividend is Monday, August 10th. This represents a $6.76 dividend on an annualized basis and a yield of 2.9%. International Business Machines's payout ratio is 59.98%.

International Business Machines Company Profile

International Business Machines Corporation (IBM) is a global technology and consulting company that provides enterprise-focused hardware, software and services. Its offerings include hybrid cloud solutions, artificial intelligence, data and automation software, cybersecurity tools, IT infrastructure and technology consulting.

IBM develops and supports enterprise systems such as IBM Z mainframes, Power servers and storage products. Its software portfolio includes Red Hat hybrid cloud technologies, the watsonx platform for artificial intelligence and data management, application integration tools and cybersecurity solutions.

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