Simplify Asset Management Inc. Sells 3,530 Shares of International Business Machines Corporation $IBM

Simplify Asset Management Inc. trimmed its position in shares of International Business Machines Corporation (NYSE:IBM - Free Report) by 70.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,484 shares of the technology company's stock after selling 3,530 shares during the quarter. Simplify Asset Management Inc.'s holdings in International Business Machines were worth $326,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the company. BlackRock Inc. acquired a new position in shares of International Business Machines in the 2nd quarter worth approximately $21,586,659,000. State Street Corp grew its position in International Business Machines by 2.7% during the 2nd quarter. State Street Corp now owns 56,045,055 shares of the technology company's stock worth $15,760,430,000 after acquiring an additional 1,450,562 shares during the last quarter. Bank of America Corp DE increased its holdings in International Business Machines by 7.0% during the 1st 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. Bank of New York Mellon Corp acquired a new stake in International Business Machines during the 2nd quarter valued at $2,606,782,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in International Business Machines by 0.7% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 7,621,512 shares of the technology company's stock valued at $2,143,245,000 after purchasing an additional 53,388 shares during the last quarter. Institutional investors and hedge funds own 58.96% of the company's stock.

Insiders Place Their Bets

In other International Business Machines news, SVP Robert Thomas sold 25,000 shares of the business'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 directly owned 47,800 shares of the company's stock, valued at approximately $11,009,296. The trade was a 34.34% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.27% 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: Quantum-computing milestone: IBM reported a breakthrough in which researchers connected quantum processors while achieving 99% accuracy. The development strengthens IBM’s long-term technology narrative, although the commercial impact is likely to take time. IBM Achieves 99% Accuracy in Major Quantum Computing Breakthrough
• Positive Sentiment: AI-agent controls support enterprise strategy: IBM introduced tools for agent discovery, verified identities, access controls and performance monitoring. These capabilities could help enterprises deploy AI agents more securely and expand demand for IBM’s software, cloud and consulting offerings. IBM Introduces Identity and Control for AI Agents
• Positive Sentiment: Five-year U.S. Open renewal: IBM will remain the official AI and cloud partner of the U.S. Open through 2031. Record engagement of more than 270 million interactions across tournament digital platforms provides evidence of customer adoption and brand visibility, though the direct financial contribution is not disclosed. USTA and IBM Announce Five-Year Renewal
• Positive Sentiment: Cash-flow outlook: Commentary highlighting IBM’s expectation for free cash flow to increase by more than $1 billion in 2026 supports the investment case for dividends, debt reduction and shareholder returns. A $1 Billion Reason to Consider Buying the IBM Stock Dip
• Neutral Sentiment: Mixed comparative outlook: Analysts comparing IBM with Qualcomm see both companies expanding in AI, but differing growth rates, competitive pressures and valuations make the relative upside uncertain. IBM’s appeal is centered on enterprise relationships and recurring software and cloud revenue rather than rapid growth. IBM vs. Qualcomm: Which AI Tech Giant Has More Upside Now?
• Neutral Sentiment: Analyst stance remains cautious: Susquehanna maintained a Hold rating, suggesting the recent AI and quantum announcements have not yet changed the broader risk-reward assessment.
• Negative Sentiment: Technical weakness: A report that IBM shares fell below their 200-day moving average signals deteriorating momentum and may encourage short-term selling, even as longer-term investors focus on cash flow and AI growth. IBM Shares Break Below Two Hundred Day Moving Average

International Business Machines Stock Up 1.2%

NYSE:IBM opened at $253.18 on Thursday. The stock's fifty day moving average price is $234.26 and its two-hundred day moving average price is $250.43. International Business Machines Corporation has a 52-week low of $199.19 and a 52-week high of $332.46. The company has a debt-to-equity ratio of 1.57, a quick ratio of 0.80 and a current ratio of 0.85. The company has a market cap of $239.29 billion, a price-to-earnings ratio of 21.58, a P/E/G ratio of 2.50 and a beta of 0.73.

International Business Machines (NYSE:IBM - Get Free Report) last released its earnings results on Wednesday, October 21st. The technology company reported $2.95 EPS for the quarter, beating the consensus estimate of $2.85 by $0.10. The company had revenue of $17.10 billion during the quarter, compared to analysts' expectations of $16.82 billion. International Business Machines had a return on equity of 34.37% and a net margin of 15.99%. The business's revenue for the quarter was up 4.7% on a year-over-year basis. During the same period last year, the firm earned $2.65 EPS. On average, analysts anticipate that International Business Machines Corporation will post 12.41 EPS for the current year.

International Business Machines Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Tuesday, November 10th will be given a $1.69 dividend. This represents a $6.76 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Tuesday, November 10th. International Business Machines's dividend payout ratio (DPR) is presently 57.63%.

Analyst Ratings Changes

A number of equities analysts have commented on the company. Barclays boosted their price objective on International Business Machines from $262.00 to $277.00 and gave the stock an "overweight" rating in a research note on Thursday, October 22nd. Oppenheimer cut International Business Machines from an "outperform" rating to a "market perform" rating in a report on Wednesday, July 15th. Stifel Nicolaus raised their target price on International Business Machines from $235.00 to $260.00 and gave the company a "buy" rating in a research note on Thursday, October 22nd. Susquehanna lifted their price target on International Business Machines from $235.00 to $256.00 and gave the company a "neutral" rating in a report on Wednesday, October 21st. Finally, BMO Capital Markets upped their price target on shares of International Business Machines from $230.00 to $265.00 and gave the stock a "market perform" rating in a research report on Thursday, October 22nd. Twenty analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $266.12.

International Business Machines Profile

International Business Machines Corporation NYSE: IBM, commonly known as IBM, is a global technology and consulting company that helps organizations modernize their information technology and business operations. Its offerings include hybrid cloud solutions, artificial intelligence software and services, enterprise software, IT infrastructure, cybersecurity, data analytics, and technology consulting.

IBM provides products and services to businesses, governments, and other institutions across industries and regions worldwide.

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