Oak Grove Capital LLC Grows Stock Holdings in International Business Machines Corporation $IBM

Key Points

• Oak Grove Capital LLC boosted its stake in IBM by 13.4% in the fourth quarter, adding 5,150 shares to reach 43,550 shares valued at about $12.9 million.
• Wall Street sentiment on IBM is mixed but still constructive, with a consensus rating of “Moderate Buy” and an average price target of $304.17 across analysts.
• IBM’s latest quarterly results beat expectations, as it reported $1.91 EPS on revenue of $15.92 billion, and the company recently raised its quarterly dividend to $1.69 per share.

Oak Grove Capital LLC increased its position in shares of International Business Machines Corporation (NYSE:IBM - Free Report) by 13.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 43,550 shares of the technology company's stock after purchasing an additional 5,150 shares during the period. International Business Machines accounts for approximately 1.5% of Oak Grove Capital LLC's portfolio, making the stock its 18th largest position. Oak Grove Capital LLC's holdings in International Business Machines were worth $12,900,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Family CFO Inc acquired a new position in shares of International Business Machines during the 4th quarter worth about $25,000. Basepoint Wealth LLC acquired a new stake in shares of International Business Machines during the 4th quarter worth about $25,000. Joseph Group Capital Management purchased a new stake in International Business Machines during the fourth quarter worth approximately $28,000. Cornerstone Financial Management LLC acquired a new position in International Business Machines in the fourth quarter valued at approximately $28,000. Finally, SWAN Capital LLC acquired a new position in International Business Machines in the third quarter valued at approximately $28,000. 58.96% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

IBM has been the topic of a number of research analyst reports. DZ Bank raised shares of International Business Machines from a "hold" rating to a "buy" rating and set a $295.00 price objective on the stock in a report on Friday, April 24th. Weiss Ratings raised shares of International Business Machines from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Tuesday, June 9th. BMO Capital Markets cut their price target on shares of International Business Machines from $290.00 to $270.00 and set a "market perform" rating on the stock in a research note on Thursday, April 23rd. JPMorgan Chase & Co. reduced their price target on shares of International Business Machines from $317.00 to $283.00 and set a "neutral" rating for the company in a research report on Wednesday, March 18th. Finally, Morgan Stanley upped their price objective on shares of International Business Machines from $215.00 to $225.00 and gave the company an "equal weight" rating in a research note on Thursday, April 23rd. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $304.17.

Key International Business Machines News

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

• Negative Sentiment: IBM shares fell after Accenture narrowed its fiscal 2026 sales guidance, sparking concern that enterprise IT spending and services demand could be softer across the sector.
• Negative Sentiment: Market commentary said IBM stock remained under pressure intraday as traders reacted to the peer warning, with the move extending a recent downtrend in the shares.
• Neutral Sentiment: IBM also released a study highlighting rising AI dependencies and sovereignty risks for enterprises, which reinforces IBM’s positioning in AI governance but is not an immediate earnings catalyst.
• Neutral Sentiment: Reuters reported IBM executives discussing Europe’s push for tech sovereignty at the G7 and VivaTech, underscoring IBM’s relevance in AI and cloud infrastructure discussions, though this is more strategic than market-moving today.
• Positive Sentiment: Separately, IBM Maximo Application Suite was used in a successful SaaS migration for a major Asia-Pacific resort operator, showing continued enterprise adoption of IBM software. Sedin Technologies Completes IBM Maximo Application Suite SaaS Migration for Major Asia-Pacific Resort Operator Across Five Properties

International Business Machines Price Performance

Shares of NYSE IBM opened at $249.72 on Friday. The stock has a market cap of $234.71 billion, a P/E ratio of 22.08, a P/E/G ratio of 2.72 and a beta of 0.67. International Business Machines Corporation has a twelve month low of $212.34 and a twelve month high of $332.46. The stock has a 50 day moving average of $251.29 and a two-hundred day moving average of $268.90. The company has a current ratio of 0.80, a quick ratio of 0.76 and a debt-to-equity ratio of 1.75.

International Business Machines (NYSE:IBM - Get Free Report) last released its quarterly earnings results on Wednesday, April 22nd. The technology company reported $1.91 EPS for the quarter, beating the consensus estimate of $1.81 by $0.10. The firm had revenue of $15.92 billion during the quarter, compared to the consensus estimate of $15.60 billion. International Business Machines had a net margin of 15.61% and a return on equity of 37.23%. International Business Machines's revenue for the quarter was up 9.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.60 EPS. On average, research analysts forecast that International Business Machines Corporation will post 12.38 earnings per share for the current year.

International Business Machines Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 8th were issued a $1.69 dividend. The ex-dividend date of this dividend was Friday, May 8th. This is a positive change from International Business Machines's previous quarterly dividend of $1.68. This represents a $6.76 dividend on an annualized basis and a dividend yield of 2.7%. International Business Machines's dividend payout ratio is currently 59.77%.

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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