Nykredit A S Buys Shares of 261,487 International Business Machines Corporation $IBM

Key Points

• Nykredit A/S acquired 261,487 IBM shares in the second quarter, worth approximately $73.5 million. Institutional investors collectively own 58.96% of IBM.
• IBM is pursuing growth in quantum computing and enterprise AI, including a $1 billion federal quantum-chip foundry award and expanded watsonx partnerships.
• Despite a consensus “Moderate Buy” rating, investors remain concerned about IBM’s reduced 2026 growth outlook, declining infrastructure and mainframe revenue, and slower software growth. The company reported $17.16 billion in quarterly revenue and maintains a $6.76 annualized dividend yielding about 2.9%.

Nykredit A S bought a new position in shares of International Business Machines Corporation (NYSE:IBM - Free Report) in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 261,487 shares of the technology company's stock, valued at approximately $73,533,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new stake in shares of International Business Machines during the second quarter worth about $21,586,659,000. State Street Corp grew its stake in shares of International Business Machines by 1.0% in the fourth quarter. State Street Corp now owns 54,996,293 shares of the technology company's stock valued at $16,290,452,000 after buying an additional 518,321 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of International Business Machines by 1.5% during the 4th quarter. Geode Capital Management LLC now owns 22,605,083 shares of the technology company's stock valued at $6,679,105,000 after buying an additional 336,069 shares during the last quarter. Capital World Investors grew its position in shares of International Business Machines by 29.2% during the 4th quarter. Capital World Investors now owns 22,021,912 shares of the technology company's stock valued at $6,523,720,000 after buying an additional 4,976,756 shares during the last quarter. Finally, Bank of America Corp DE raised its stake in shares of International Business Machines by 7.0% during the first quarter. Bank of America Corp DE now owns 16,063,653 shares of the technology company's stock valued at $3,893,669,000 after purchasing an additional 1,049,602 shares in the last quarter. Institutional investors and hedge funds own 58.96% of the company's stock.

Key Stories Impacting International Business Machines

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

• Positive Sentiment: IBM’s Anderon subsidiary secured a $1 billion federal CHIPS Act award for a quantum-chip foundry, alongside a planned $1 billion IBM investment. The Albany, New York facility has reportedly begun producing early quantum wafers, strengthening IBM’s position in quantum-computing infrastructure. IBM Lands $1 Billion Quantum Foundry Award And Deepens AI Oversight
• Positive Sentiment: IBM is expanding its AI ecosystem through a CUBE collaboration that adds regulatory intelligence to watsonx.governance, while a Dun & Bradstreet integration supplies verified business data to watsonx Orchestrate. These initiatives could support enterprise AI adoption and recurring software revenue over time. CUBE and IBM Announce New Collaboration
• Neutral Sentiment: IBM participated in NYSE Floor Talk and other promotional and educational events. The appearances provide visibility but do not represent a material earnings or financial catalyst. Fame to Fortune: IBM's Jonathan Adashek
• Negative Sentiment: Investors remain focused on IBM’s reduced 2026 constant-currency revenue-growth outlook of 4% to 5%, compared with prior expectations above 5%. Second-quarter revenue was approximately $17.2 billion, while infrastructure revenue fell 7% and IBM Z revenue declined 42%, raising questions about the durability of the mainframe cycle. IBM Falls as Investors Digest Softer 2026 Outlook
• Negative Sentiment: Software growth slowed in the second quarter, with weakness in Transaction Processing offsetting gains from Red Hat, Data and recurring revenue. Investors are therefore questioning whether delayed software deals will eventually close or represent lost demand. IBM Software Growth Slows

Insider Activity at International Business Machines

In other news, SVP Robert Thomas sold 25,000 shares of the company's stock in a transaction dated 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 sale, the senior vice president owned 47,800 shares in the company, valued at approximately $11,009,296. This represents a 34.34% decrease in their position. The transaction 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.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on IBM. Sanford C. Bernstein reaffirmed a "market perform" rating on shares of International Business Machines in a research report on Thursday, July 16th. Wall Street Zen downgraded International Business Machines from a "hold" rating to a "sell" rating in a research report on Saturday, September 12th. Robert W. Baird started coverage on shares of International Business Machines in a report on Tuesday, July 21st. They issued a "neutral" rating and a $230.00 target price for the company. Citigroup reduced their price target on shares of International Business Machines from $255.00 to $245.00 and set a "buy" rating for the company in a research report on Friday, July 24th. Finally, Susquehanna boosted their price objective on International Business Machines from $225.00 to $235.00 and gave the company a "neutral" rating in a research note on Monday, August 31st. Seventeen analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, International Business Machines presently has a consensus rating of "Moderate Buy" and an average price target of $265.16.

International Business Machines Trading Down 3.2%

International Business Machines stock opened at $230.09 on Friday. The stock has a 50-day moving average price of $231.14 and a 200 day moving average price of $246.58. The company has a market capitalization of $216.78 billion, a price-to-earnings ratio of 20.42, a price-to-earnings-growth ratio of 2.27 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. The company has a quick ratio of 0.74, a current ratio of 0.79 and a debt-to-equity ratio of 1.63.

International Business Machines (NYSE:IBM - Get Free Report) last posted 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 net margin of 15.52% and a return on equity of 35.65%. The firm'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 EPS. Sell-side analysts anticipate that International Business Machines Corporation will post 12.33 EPS for the current year.

International Business Machines Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, September 10th. Shareholders of record on Monday, August 10th were paid a dividend of $1.69 per share. The ex-dividend date of this dividend was Monday, August 10th. This represents a $6.76 annualized dividend and a yield of 2.9%. International Business Machines's dividend payout ratio (DPR) is presently 59.98%.

About International Business Machines

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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