Munich Reinsurance Co Stock Corp in Munich Has $228,000 Position in International Business Machines Corporation $IBM

Key Points

• Munich Reinsurance sharply reduced its IBM position by 93.4% in the second quarter, selling 11,515 shares and retaining 812 shares valued at approximately $228,000. Institutional investors collectively own 58.96% of IBM.
• Analyst sentiment remains favorable, with IBM carrying a consensus “Moderate Buy” rating and an average price target of $265.16, despite some firms recently lowering targets or downgrading the stock.
• IBM’s latest quarter met EPS expectations at $2.93, while revenue rose 1.1% year over year to $17.16 billion. The company also declared a $1.69 quarterly dividend, equivalent to a 2.7% yield.

Munich Reinsurance Co Stock Corp in Munich reduced its position in shares of International Business Machines Corporation (NYSE:IBM - Free Report) by 93.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 812 shares of the technology company's stock after selling 11,515 shares during the period. Munich Reinsurance Co Stock Corp in Munich's holdings in International Business Machines were worth $228,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IBM. Basepoint Wealth LLC bought a new position in shares of International Business Machines in the 4th quarter valued at $25,000. Cornerstone Financial Management LLC bought a new stake in shares of International Business Machines during the 4th quarter worth $28,000. Harborfront Financial Group LLC bought a new stake in shares of International Business Machines during the 2nd quarter worth $27,000. Hara Capital LLC acquired a new stake in International Business Machines in the second quarter valued at about $28,000. Finally, Bare Financial Services Inc grew its position in International Business Machines by 114.6% in the second 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 last quarter. 58.96% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have commented on IBM. Roth Capital reissued a "buy" rating on shares of International Business Machines in a research note on Wednesday, June 3rd. Royal Bank Of Canada reaffirmed an "outperform" rating and set a $270.00 price target on shares of International Business Machines in a report on Tuesday, July 21st. Craig Hallum began coverage on shares of International Business Machines in a research report on Wednesday, August 19th. They set a "buy" rating for the company. BMO Capital Markets dropped their price objective on shares of International Business Machines from $270.00 to $230.00 and set a "market perform" rating for the company in a research note on Thursday, July 23rd. Finally, KeyCorp lowered shares of International Business Machines to a "sector weight" rating in a research report on Tuesday, June 23rd. Seventeen equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $265.16.

Insider Transactions at International Business Machines

In other International Business Machines 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 transaction of $5,758,000.00. Following the sale, the senior vice president owned 47,800 shares of the company's stock, valued at approximately $11,009,296. This represents a 34.34% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.27% of the stock is currently owned by insiders.

Key Stories Impacting International Business Machines

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

• Positive Sentiment: NASA lunar AI model expands IBM’s AI profile. IBM and NASA released the open-source NASA-IBM Lunar Foundation Model, which analyzes lunar observation data to map craters, identify possible ice deposits and study volcanic features. The launch demonstrates IBM’s ability to apply its AI technology to specialized scientific and government workloads and could support broader commercial AI opportunities. IBM Takes its AI Strategy Beyond Earth with NASA Lunar Model
• Positive Sentiment: NASA collaboration is being viewed as a potential long-term growth catalyst. Commentary on the partnership suggests the open-source model could broaden IBM’s AI runway and strengthen its position in advanced research and enterprise applications. How to Play IBM Stock as It Teams Up with NASA to Launch a New Open-Source Model
• Positive Sentiment: IBM remains involved in the developing quantum-computing ecosystem. IBM quantum hardware was included in early evaluations of NVIDIA’s CUDA-Q Logical platform, which is designed to connect quantum processors with GPUs and support error-correction development. Separately, IBM is supporting BlueQubit’s $150,000 Quantum Flywheel grant program, increasing its exposure to researchers and potential future quantum-computing customers. BlueQubit Launches Quantum Flywheel Grant Program
• Neutral Sentiment: Investor attention is elevated. IBM has become a trending stock on Zacks, which may be contributing to trading interest, but the coverage does not identify a new earnings or guidance catalyst. IBM Is a Trending Stock
• Positive Sentiment: Analyst sentiment remains moderately favorable. Recent coverage indicates analysts have maintained a Moderate Buy rating and that second-quarter 2026 guidance remains intact, providing support for IBM’s valuation while investors await additional operating results. IBM Stock Gains as Analysts Keep Moderate Buy Rating

International Business Machines Stock Up 2.4%

NYSE:IBM opened at $249.09 on Tuesday. International Business Machines Corporation has a one year low of $199.19 and a one year high of $332.46. The company has a debt-to-equity ratio of 1.63, a current ratio of 0.79 and a quick ratio of 0.74. The company has a market cap of $234.68 billion, a PE ratio of 22.10, a P/E/G ratio of 2.32 and a beta of 0.71. The firm's 50 day simple moving average is $235.87 and its 200 day simple moving average is $246.66.

International Business Machines (NYSE:IBM - Get Free Report) last released its quarterly earnings results on Wednesday, July 22nd. The technology company reported $2.93 earnings per share (EPS) 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 net margin of 15.52% and a return on equity of 35.65%. The company's revenue for the quarter was up 1.1% on a year-over-year basis. During the same quarter last year, the firm earned $2.80 earnings per share. On average, research analysts anticipate that International Business Machines Corporation will post 12.33 earnings per share for the current year.

International Business Machines Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Shareholders of record on Monday, August 10th were issued a dividend of $1.69 per share. The ex-dividend date was Monday, August 10th. This represents a $6.76 annualized dividend and a yield of 2.7%. International Business Machines's dividend payout ratio (DPR) is presently 59.98%.

International Business Machines 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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