NEOS Investment Management LLC Increases Position in International Business Machines Corporation $IBM

Key Points

• NEOS Investment Management increased its IBM position by 12.4% in the second quarter, adding 16,708 shares to hold 151,373 shares worth approximately $42.6 million. Institutional investors collectively own 58.96% of IBM.
• IBM reported quarterly earnings of $2.93 per share, matching estimates, while revenue of $17.16 billion fell short of forecasts but increased 1.1% year over year. The company also maintains a $1.69 quarterly dividend, representing a 2.8% yield.
• IBM shares opened at $243.14, below the consensus analyst target of $265.90. Analysts remain moderately bullish overall, though recent ratings include price-target cuts and a sell downgrade, while strategic AI and quantum-computing initiatives may take years to materially affect results.

NEOS Investment Management LLC increased its holdings in International Business Machines Corporation (NYSE:IBM - Free Report) by 12.4% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 151,373 shares of the technology company's stock after acquiring an additional 16,708 shares during the quarter. NEOS Investment Management LLC's holdings in International Business Machines were worth $42,568,000 as of its most recent filing with the SEC.

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

International Business Machines Trading Down 0.1%

NYSE IBM opened at $243.14 on Monday. The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.74 and a current ratio of 0.79. International Business Machines Corporation has a one year low of $199.19 and a one year high of $332.46. The company has a 50-day simple moving average of $236.88 and a 200-day simple moving average of $246.52. The firm has a market capitalization of $229.07 billion, a PE ratio of 21.57, a price-to-earnings-growth ratio of 2.32 and a beta of 0.71.

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

International Business Machines Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Monday, August 10th were given a dividend of $1.69 per share. This represents a $6.76 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date was Monday, August 10th. International Business Machines's dividend payout ratio is presently 59.98%.

Insider Transactions 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 stock was sold at an average price of $230.32, for a total transaction of $5,758,000.00. Following the completion of the transaction, the senior vice president directly owned 47,800 shares in the company, valued at $11,009,296. This represents a 34.34% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.27% of the stock is owned by corporate insiders.

International Business Machines News Roundup

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

• Positive Sentiment: Lunar AI partnership with NASA: IBM and NASA released the open-source Lunar Foundation Model, trained on decades of lunar observation data. The model reportedly outperformed widely used mapping methods by up to 23% in identifying features such as ice deposits, craters and volcanic formations. The announcement strengthens IBM’s profile in scientific AI, although near-term revenue is likely limited. IBM and NASA Release Open-Source AI Model to Support Lunar Exploration
• Positive Sentiment: Swiss quantum-computing hub: IBM and Lockheed Martin are establishing a quantum innovation hub at ETH Zurich through Switzerland’s defense-offset program. The Swiss National Supercomputing Centre is expected to host the country’s first IBM Quantum System Two, powered by IBM’s Nighthawk r2 processor and integrated with the Alps supercomputer. The arrangement could provide IBM with a government-supported, multi-year deployment while expanding access to researchers and businesses. Research will focus on quantum sensing, navigation and advanced materials. IBM and Lockheed Martin Announce Swiss Quantum Innovation Hub
• Neutral Sentiment: Analyst coverage continues to frame IBM as a diversified way to gain exposure to enterprise AI, hybrid cloud and quantum computing. However, the announcements are primarily strategic and research-oriented, so their effect on revenue and earnings may take years to materialize.
• Negative Sentiment: IBM recently underperformed the broader market, while a shareholder-rights law firm announced an investigation tied to management’s prior preview of weak second-quarter 2026 results. The investigation is not an allegation of wrongdoing, but it adds headline and legal risk. IBM Shareholder Investigation

Wall Street Analyst Weigh In

A number of research firms have commented on IBM. Wall Street Zen downgraded shares of International Business Machines from a "hold" rating to a "sell" rating in a research note on Saturday. Robert W. Baird assumed coverage on shares of International Business Machines in a research note on Tuesday, July 21st. They issued a "neutral" rating and a $230.00 target price on the stock. KeyCorp cut shares of International Business Machines to a "sector weight" rating in a research report on Tuesday, June 23rd. Weiss Ratings upgraded International Business Machines from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Friday. Finally, JPMorgan Chase & Co. lowered their price objective on International Business Machines from $291.00 to $250.00 and set an "overweight" rating for the company in a report on Friday, July 17th. Seventeen equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, International Business Machines currently has an average rating of "Moderate Buy" and a consensus price target of $265.90.

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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