RiverFront Investment Group LLC Boosts Stock Position in International Business Machines Corporation $IBM

Key Points

• RiverFront Investment Group increased its IBM stake by 24.3% in the fourth quarter, ending with 13,200 shares valued at about $3.91 million.
• IBM’s latest business updates highlight continued momentum in AI and cloud, including new services like Red Hat AI Inference and OpenShift Virtualization, plus a consulting model that uses AI agents to speed execution.
• The company beat quarterly earnings and revenue estimates, and it also raised its dividend to $1.69 per share quarterly, yielding about 3.1%.

RiverFront Investment Group LLC grew its stake in shares of International Business Machines Corporation (NYSE:IBM - Free Report) by 24.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,200 shares of the technology company's stock after buying an additional 2,578 shares during the period. RiverFront Investment Group LLC's holdings in International Business Machines were worth $3,910,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Family CFO Inc purchased a new position in shares of International Business Machines during the 4th quarter valued at about $25,000. Joseph Group Capital Management purchased a new position in International Business Machines in the 4th quarter worth approximately $28,000. SWAN Capital LLC purchased a new position in International Business Machines in the 3rd quarter worth approximately $28,000. LFA Lugano Financial Advisors SA purchased a new position in International Business Machines in the 4th quarter worth approximately $31,000. Finally, DecisionPoint Financial LLC lifted its holdings in International Business Machines by 1,666.7% in the 4th quarter. DecisionPoint Financial LLC now owns 106 shares of the technology company's stock worth $31,000 after purchasing an additional 100 shares in the last quarter. 58.96% of the stock is owned by hedge funds and other institutional investors.

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International Business Machines News Roundup

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

• Positive Sentiment: IBM introduced new cloud services — Red Hat AI Inference and OpenShift Virtualization — aimed at speeding enterprise AI adoption and secure virtual workload deployment, reinforcing its growth narrative in AI and cloud. IBM’s New AI Units And Services Reshape Enterprise Consulting Story
• Positive Sentiment: IBM is rolling out a new delivery model for consulting that uses senior-led teams and AI agents to turn enterprise strategy into execution faster, which could support services revenue and margins. A New Way to Make AI Actually Work in the Real World
• Positive Sentiment: OnQ said it has integrated IBM AS/400 systems into its Converge platform, a partnership that highlights IBM’s continued relevance in retail infrastructure and real-time inventory applications. OnQ Integrates IBM AS/400 into its Converge Platform, Bringing Real-Time Inventory to In-Store Retail Experiences
• Neutral Sentiment: One article said IBM shareholders may not see immediate upside after the Think 2026 event, even though analyst price targets still imply meaningful longer-term potential. No Upside For International Business Machines (IBM) Shareholders Post IBM Think 2026 Event
• Neutral Sentiment: Several recent writeups are mainly valuation and recovery discussions, noting IBM remains well below prior highs and may be attractive to long-term investors, but they do not point to a clear near-term catalyst. IBM: The Business Improved Faster Than Many Investors Realize
• Negative Sentiment: Some market commentary continues to frame IBM as a stock that has pulled back significantly from recent highs, which can weigh on sentiment despite the company’s operational progress. Catching Falling Knives: Is It Time to Buy These Beaten-Down Stocks?

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on IBM shares. Royal Bank Of Canada lowered their price target on International Business Machines from $330.00 to $300.00 and set an "outperform" rating on the stock in a report on Wednesday, May 6th. Dbs Bank raised International Business Machines from a "hold" rating to a "moderate buy" rating in a report on Monday, January 19th. Wedbush reissued an "outperform" rating and issued a $320.00 price target on shares of International Business Machines in a report on Wednesday, May 6th. Stifel Nicolaus lowered their price target on International Business Machines from $340.00 to $290.00 and set a "buy" rating on the stock in a report on Wednesday, April 8th. Finally, Evercore boosted their price target on International Business Machines from $330.00 to $345.00 and gave the stock an "outperform" rating in a report on Thursday, January 29th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $294.41.

International Business Machines Stock Performance

NYSE IBM opened at $219.56 on Monday. The company has a market cap of $206.37 billion, a P/E ratio of 19.41, a P/E/G ratio of 2.27 and a beta of 0.58. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.76 and a current ratio of 0.80. The business's 50 day moving average price is $240.49 and its 200-day moving average price is $274.79. International Business Machines Corporation has a fifty-two week low of $212.34 and a fifty-two week high of $324.90.

International Business Machines (NYSE:IBM - Get Free Report) last released its earnings results on Wednesday, April 22nd. The technology company reported $1.91 earnings per share for the quarter, beating the consensus estimate of $1.81 by $0.10. The firm had revenue of $15.92 billion for the quarter, compared to the consensus estimate of $15.60 billion. International Business Machines had a return on equity of 37.23% and a net margin of 15.61%.The company's revenue for the quarter was up 9.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.60 EPS. Sell-side analysts predict that International Business Machines Corporation will post 12.4 earnings per share for the current year.

International Business Machines Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Friday, May 8th will be given a dividend of $1.69 per share. The ex-dividend date of this dividend is Friday, May 8th. This represents a $6.76 annualized dividend and a dividend yield of 3.1%. This is an increase from International Business Machines's previous quarterly dividend of $1.68. International Business Machines's dividend payout ratio is presently 59.77%.

Insider Buying and Selling at International Business Machines

In other International Business Machines news, Director Michael Miebach acquired 434 shares of the business's stock in a transaction on Wednesday, February 25th. The shares were bought at an average price of $233.33 per share, with a total value of $101,265.22. Following the transaction, the director directly owned 434 shares of the company's stock, valued at $101,265.22. The trade was a ∞ increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link. Corporate insiders own 0.27% of the company's stock.

About International Business Machines

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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