McElhenny Sheffield Capital Management LLC Lowers Holdings in International Business Machines Corporation $IBM

Key Points

• McElhenny Sheffield Capital Management LLC cut its IBM stake by 63.3% in Q4, selling 3,807 shares and leaving 2,211 shares worth $655,000 (about 0.2% of the firm's holdings; IBM was its 27th largest holding).
• IBM beat Q4 estimates with $4.52 EPS (vs. $4.33) and revenue of $19.69 billion (up 12.2% year‑over‑year), and pays a quarterly dividend of $1.68 (annualized $6.72, ~2.8% yield).
• Insiders bought 1,484 shares (~$417k) recently while hedge funds own ~58.96% of IBM, and analysts are mixed—consensus "Moderate Buy" with an average price target near $311.27 amid several recent cuts.

McElhenny Sheffield Capital Management LLC decreased its holdings in International Business Machines Corporation (NYSE:IBM - Free Report) by 63.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,211 shares of the technology company's stock after selling 3,807 shares during the quarter. International Business Machines accounts for about 0.2% of McElhenny Sheffield Capital Management LLC's holdings, making the stock its 27th biggest holding. McElhenny Sheffield Capital Management LLC's holdings in International Business Machines were worth $655,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Prime Capital Investment Advisors LLC boosted its stake in shares of International Business Machines by 4.1% in the fourth quarter. Prime Capital Investment Advisors LLC now owns 39,725 shares of the technology company's stock valued at $11,767,000 after purchasing an additional 1,547 shares during the period. Oak Thistle LLC purchased a new position in shares of International Business Machines in the fourth quarter valued at approximately $858,000. BIP Wealth LLC boosted its stake in shares of International Business Machines by 37.3% in the fourth quarter. BIP Wealth LLC now owns 4,336 shares of the technology company's stock valued at $1,284,000 after purchasing an additional 1,178 shares during the period. Master S Wealth Management Inc. purchased a new position in shares of International Business Machines in the fourth quarter valued at approximately $305,000. Finally, C2C Wealth Management LLC boosted its stake in shares of International Business Machines by 2.7% in the fourth quarter. C2C Wealth Management LLC now owns 18,514 shares of the technology company's stock valued at $5,484,000 after purchasing an additional 485 shares during the period. Hedge funds and other institutional investors own 58.96% of the company's stock.

International Business Machines Stock Down 1.4%

Shares of NYSE:IBM opened at $241.62 on Thursday. The firm's 50 day moving average price is $257.17 and its 200 day moving average price is $283.63. The stock has a market cap of $226.64 billion, a price-to-earnings ratio of 21.67, a price-to-earnings-growth ratio of 2.47 and a beta of 0.69. International Business Machines Corporation has a fifty-two week low of $215.16 and a fifty-two week high of $324.90. The company has a quick ratio of 0.92, a current ratio of 0.96 and a debt-to-equity ratio of 1.67.

International Business Machines (NYSE:IBM - Get Free Report) last issued its earnings results on Wednesday, January 28th. The technology company reported $4.52 earnings per share for the quarter, beating the consensus estimate of $4.33 by $0.19. The firm had revenue of $19.69 billion for the quarter, compared to analysts' expectations of $19.23 billion. International Business Machines had a net margin of 15.69% and a return on equity of 38.15%. The firm's revenue was up 12.2% compared to the same quarter last year. During the same quarter last year, the company earned $3.92 earnings per share. As a group, equities research analysts predict that International Business Machines Corporation will post 10.78 earnings per share for the current fiscal year.

International Business Machines Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 10th were issued a dividend of $1.68 per share. The ex-dividend date of this dividend was Tuesday, February 10th. This represents a $6.72 dividend on an annualized basis and a yield of 2.8%. International Business Machines's dividend payout ratio (DPR) is presently 60.27%.

Insider Buying and Selling

In related news, Director Michael Miebach acquired 434 shares of the business's stock in a transaction on Wednesday, February 25th. The shares were bought at an average price of $233.33 per share, with a total value of $101,265.22. Following the completion of the acquisition, the director owned 434 shares in the company, valued at $101,265.22. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director David N. Farr acquired 1,000 shares of the business's stock in a transaction on Friday, January 30th. The shares were bought at an average cost of $304.00 per share, for a total transaction of $304,000.00. Following the acquisition, the director owned 9,258 shares of the company's stock, valued at $2,814,432. This represents a 12.11% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders have acquired 1,484 shares of company stock worth $417,157. 0.27% of the stock is owned by corporate insiders.

Trending Headlines about International Business Machines

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

• Positive Sentiment: IBM’s recent AI and government‑cloud moves (Arm collaboration on dual‑architecture AI hardware, FedRAMP authorizations for watsonx on AWS GovCloud, and expanded cyber/voice AI partnerships) strengthen its enterprise AI + cloud positioning and support longer‑term revenue mix improvement. What IBM's Arm AI Hardware and GovCloud Push Means For Shareholders
• Positive Sentiment: Stifel maintained a buy stance even after lowering its target to $290, signaling analysts still see upside versus current levels. That keeps a portion of the analyst community constructive. Stifel Resets IBM Stock Price Target Ahead of Earnings
• Neutral Sentiment: IBM set its Q1 2026 earnings release and conference call for April 22 — this upcoming report is the next clear catalyst that could reverse or reinforce today’s move. IBM to Announce First-Quarter 2026 Financial Results
• Negative Sentiment: Multiple analysts trimmed price targets (consensus cuts clustered around $290), which likely pressured the stock; cuts reflect near‑term uncertainty and trim upside expectations. International Business Machines (IBM) Stock Falls as Analysts Cut Price Targets to $290
• Negative Sentiment: Stifel explicitly cited currency headwinds and geopolitical/conflict risks as reasons for reducing its target, highlighting macro and regional risk that could weigh on near‑term results. IBM In Focus After Analyst Price Target Trim

Analysts Set New Price Targets

Several research firms have recently commented on IBM. JPMorgan Chase & Co. lowered their price objective on shares of International Business Machines from $317.00 to $283.00 and set a "neutral" rating for the company in a research note on Wednesday, March 18th. Bank of America raised their target price on shares of International Business Machines from $315.00 to $335.00 and gave the company a "buy" rating in a report on Tuesday, January 13th. Dbs Bank raised shares of International Business Machines from a "hold" rating to a "moderate buy" rating in a report on Monday, January 19th. Argus set a $360.00 target price on shares of International Business Machines in a report on Friday, January 30th. Finally, Morgan Stanley reduced their target price on shares of International Business Machines from $304.00 to $247.00 and set an "equal weight" rating on the stock in a report on Wednesday, February 25th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $311.27.

International Business Machines Company 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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