Mercer Global Advisors Inc. ADV Buys 21,533 Shares of International Business Machines Corporation $IBM

Key Points

• Mercer Global Advisors increased its stake in IBM by 9%, buying 21,533 shares to hold 259,562 shares worth about $70.95 million per its latest SEC filing.
• IBM expanded its collaboration with NVIDIA to help enterprises operationalize AI at scale, a move that—along with NVIDIA platform adoption—has driven positive investor sentiment.
• IBM recently beat quarterly EPS and revenue estimates, carries a consensus "Moderate Buy" rating with an average price target of $320.87, and pays a $1.68 quarterly dividend (about a 2.7% yield).

Mercer Global Advisors Inc. ADV lifted its stake in shares of International Business Machines Corporation (NYSE:IBM - Free Report) by 9.0% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 259,562 shares of the technology company's stock after buying an additional 21,533 shares during the quarter. Mercer Global Advisors Inc. ADV's holdings in International Business Machines were worth $70,948,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Brighton Jones LLC lifted its position in International Business Machines by 12.4% during the fourth quarter. Brighton Jones LLC now owns 21,011 shares of the technology company's stock worth $4,619,000 after acquiring an additional 2,323 shares during the last quarter. Sivia Capital Partners LLC boosted its holdings in shares of International Business Machines by 10.6% during the second quarter. Sivia Capital Partners LLC now owns 1,938 shares of the technology company's stock worth $571,000 after acquiring an additional 186 shares during the period. Massachusetts Financial Services Co. MA grew its position in shares of International Business Machines by 36.2% in the second quarter. Massachusetts Financial Services Co. MA now owns 436,623 shares of the technology company's stock valued at $128,708,000 after purchasing an additional 116,109 shares during the last quarter. Collaborative Wealth Managment Inc. bought a new position in shares of International Business Machines during the second quarter worth approximately $203,000. Finally, Financial Gravity Companies Inc. bought a new position in shares of International Business Machines during the second quarter worth approximately $118,000. Institutional investors own 58.96% of the company's stock.

Key International Business Machines News

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

• Positive Sentiment: IBM announced an expanded collaboration with NVIDIA to help enterprises operationalize AI at scale—work spans GPU-native analytics, intelligent document processing, on‑prem/regulatory deployments, cloud and consulting, which should accelerate IBM’s enterprise AI services and sales pipeline. IBM Announces Expanded Collaboration with NVIDIA to Advance AI for the Enterprise
• Positive Sentiment: NVIDIA’s new BlueField‑4 STX storage architecture—adopted by multiple cloud and AI providers—improves throughput and efficiency for large-context AI workloads; broader industry adoption of NVIDIA reference architectures benefits partners like IBM that integrate NVIDIA GPUs into enterprise solutions. NVIDIA Launches BlueField-4 STX Storage Architecture With Broad Industry Adoption
• Positive Sentiment: Market coverage flagged IBM as outperforming the broader market today, reflecting investor interest following the NVIDIA news and continued confidence in IBM’s AI and hybrid cloud strategy. Why IBM (IBM) Outpaced the Stock Market Today
• Positive Sentiment: Industry analysis highlights IBM’s strength in quantum and hybrid architectures, reinforcing its long‑term differentiation versus pure‑play quantum competitors and supporting investor confidence in diversified growth drivers. The New Threat IBM's Quantum Computing Research Poses to D-Wave
• Neutral Sentiment: An analyst comparison piece positions IBM ahead of Workday on hybrid cloud and AI fundamentals, which may help sentiment but is part of a broader, competitive enterprise‑software landscape. WDAY vs. IBM: Which Enterprise Software Stock is the Better Buy Now?
• Neutral Sentiment: Coverage raises questions about IBM’s resilience in a potential AI-driven market downturn and flags execution risk amid intense competition from newer AI specialists—useful context for risk-minded investors. Can IBM Stock Withstand An AI-Driven Market Downturn?
• Neutral Sentiment: Reports note IBM’s interest in Confluent (pending offer) — M&A activity can be accretive but also adds execution and financing considerations; impact on IBM shares is uncertain until transaction details are clear. Is It Time To Reassess Confluent (CFLT) After The Pending IBM Takeover Offer
• Negative Sentiment: Competitors and ecosystem partners (e.g., Supermicro) are rolling out integrated NVIDIA‑based AI platforms that could intensify competition in hardware and system sales where IBM also competes. Supermicro Launches Seven AI Data Platform Solutions with NVIDIA and Leading Ecosystem Partners to Accelerate Enterprise AI Innovation

Analyst Ratings Changes

IBM has been the subject of several recent research reports. UBS Group upgraded International Business Machines from a "sell" rating to a "neutral" rating and set a $236.00 price target for the company in a research note on Wednesday, February 25th. Stifel Nicolaus increased their price objective on International Business Machines from $325.00 to $340.00 and gave the stock a "buy" rating in a research report on Thursday, January 29th. JPMorgan Chase & Co. lifted their target price on International Business Machines from $312.00 to $317.00 and gave the stock a "neutral" rating in a report on Thursday, January 29th. Wedbush reissued an "outperform" rating and issued a $340.00 target price on shares of International Business Machines in a research report on Tuesday, February 24th. Finally, Morgan Stanley decreased their price target on shares of International Business Machines from $304.00 to $247.00 and set an "equal weight" rating on the stock in a research note on Wednesday, February 25th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, International Business Machines has a consensus rating of "Moderate Buy" and a consensus price target of $320.87.

International Business Machines Trading Up 1.2%

Shares of NYSE:IBM opened at $249.33 on Tuesday. The business's 50 day simple moving average is $275.90 and its 200 day simple moving average is $284.87. International Business Machines Corporation has a 1 year low of $214.50 and a 1 year high of $324.90. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.96 and a quick ratio of 0.92. The company has a market capitalization of $233.88 billion, a P/E ratio of 22.36, a P/E/G ratio of 2.47 and a beta of 0.73.

International Business Machines (NYSE:IBM - Get Free Report) last announced its quarterly earnings data 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 during the quarter, compared to analysts' expectations of $19.23 billion. International Business Machines had a return on equity of 38.15% and a net margin of 15.69%.The company's quarterly revenue was up 12.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $3.92 EPS. On average, research analysts anticipate that International Business Machines Corporation will post 10.78 EPS for the current fiscal year.

International Business Machines Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Tuesday, February 10th were paid a $1.68 dividend. This represents a $6.72 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend was Tuesday, February 10th. International Business Machines's payout ratio is 60.27%.

Insider Activity

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

About International Business Machines

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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