Public Employees Retirement System of Ohio Acquires New Position in International Business Machines Corporation $IBM

Key Points

• Public Employees Retirement System of Ohio acquired 362,957 IBM shares worth approximately $102.1 million, while institutional investors collectively own 58.96% of the company.
• IBM Senior Vice President Robert Thomas sold 25,000 shares for about $5.8 million, reducing his holdings by 34.34%; corporate insiders now own 0.27% of the stock.
• Analysts maintain a consensus “Moderate Buy” rating with an average price target of $265.90. IBM’s latest quarter met EPS expectations at $2.93, though revenue of $17.16 billion fell short of estimates.

Public Employees Retirement System of Ohio bought a new position in shares of International Business Machines Corporation (NYSE:IBM - Free Report) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 362,957 shares of the technology company's stock, valued at approximately $102,067,000.

Several other large investors have also recently modified their holdings of IBM. Orca Wealth Management LLC boosted its holdings in International Business Machines by 3.7% in the 4th quarter. Orca Wealth Management LLC now owns 975 shares of the technology company's stock worth $285,000 after buying an additional 35 shares during the period. Friday Financial raised its holdings in International Business Machines by 1.9% during the 2nd quarter. Friday Financial now owns 1,903 shares of the technology company's stock valued at $583,000 after acquiring an additional 35 shares during the period. First Command Advisory Services Inc. lifted its position in shares of International Business Machines by 1.1% during the fourth quarter. First Command Advisory Services Inc. now owns 3,459 shares of the technology company's stock worth $1,025,000 after acquiring an additional 36 shares in the last quarter. HFM Investment Advisors LLC boosted its holdings in shares of International Business Machines by 2.2% in the fourth quarter. HFM Investment Advisors LLC now owns 1,684 shares of the technology company's stock worth $499,000 after acquiring an additional 37 shares during the period. Finally, Argent Advisors Inc. boosted its holdings in shares of International Business Machines by 0.8% in the fourth quarter. Argent Advisors Inc. now owns 4,655 shares of the technology company's stock worth $1,379,000 after acquiring an additional 37 shares during the period. Hedge funds and other institutional investors own 58.96% of the company's stock.

Insider Buying and Selling

In other news, SVP Robert Thomas sold 25,000 shares of the stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $230.32, for a total value of $5,758,000.00. Following the transaction, the senior vice president owned 47,800 shares of the company's stock, 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 at this link. 0.27% of the stock is currently owned by corporate insiders.

More International Business Machines News

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

• Positive Sentiment: Quantum-computing milestone: IBM, Cleveland Clinic and RIKEN advanced to the finals of the 2026 ACM Gordon Bell Prize after using quantum-centric supercomputing to model a 12,635-atom protein. The recognition supports IBM’s long-term positioning in quantum computing and life-sciences applications. Cleveland Clinic, RIKEN and IBM Team Advance to Finals for 2026 ACM Gordon Bell Prize
• Positive Sentiment: AI and open-source collaboration: LTM is working with IBM and Red Hat on Lightwell, an initiative focused on AI-driven remediation of open-source software. The partnership reinforces IBM’s hybrid-cloud, Red Hat and enterprise-AI ecosystem. LTM Collaborates with IBM and Red Hat on Lightwell
• Positive Sentiment: Institutional demand and contracts: Quiver reported that 1,936 institutional investors increased IBM positions in the latest quarter, versus 1,592 that reduced holdings. JPMorgan, Sixth Street Partners and Wellington made sizable additions. The data also showed approximately $1.1 billion in government award payments over the past year, providing support for IBM’s public-sector business. IBM Stock Data and Institutional Activity
• Neutral Sentiment: Analyst comparison: Zacks said Arista Networks currently has an edge over IBM because of stronger performance, rising estimates and AI-cloud growth, although IBM offers exposure to cloud and AI at a potentially more moderate valuation. Arista vs. IBM
• Negative Sentiment: Insider selling: IBM Senior Vice President Robert David Thomas sold 25,000 shares for an estimated $5.8 million. Quiver also reported that congressional IBM trading included more sales than purchases, though the signal is not directly tied to operating performance. IBM Insider and Congressional Trading Data

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Argus decreased their price objective on International Business Machines from $360.00 to $280.00 and set a "buy" rating on the stock in a research note on Thursday, July 16th. HSBC set a $175.00 target price on International Business Machines and gave the company a "reduce" rating in a report on Thursday, July 16th. Bank of America increased their price target on shares of International Business Machines from $315.00 to $330.00 and gave the stock a "buy" rating in a report on Monday, July 6th. Oppenheimer cut shares of International Business Machines from an "outperform" rating to a "market perform" rating in a research note on Wednesday, July 15th. Finally, Sanford C. Bernstein reaffirmed a "market perform" rating on shares of International Business Machines in a report on Thursday, July 16th. Sixteen equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $265.90.

International Business Machines Price Performance

Shares of NYSE IBM opened at $240.12 on Thursday. The stock's 50-day simple moving average is $238.89 and its two-hundred day simple moving average is $246.54. International Business Machines Corporation has a twelve month low of $199.19 and a twelve month high of $332.46. The firm has a market capitalization of $226.22 billion, a P/E ratio of 21.31, a P/E/G ratio of 2.21 and a beta of 0.71. 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 issued its quarterly earnings results on Wednesday, July 22nd. The technology company reported $2.93 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $2.93. International Business Machines had a return on equity of 35.65% and a net margin of 15.52%.The firm had revenue of $17.16 billion during the quarter, compared to the consensus estimate of $17.46 billion. During the same quarter last year, the company posted $2.80 EPS. The company's revenue for the quarter was up 1.1% on a year-over-year basis. As a group, equities analysts anticipate that International Business Machines Corporation will post 12.33 EPS for the current fiscal year.

International Business Machines Dividend Announcement

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

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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