Strategic Advisors LLC Has $2.13 Million Stake in International Business Machines Corporation $IBM

Key Points

• Strategic Advisors LLC reduced its IBM stake by 24.1% in the second quarter, selling 2,405 shares and retaining 7,587 shares valued at approximately $2.13 million. Institutional investors and hedge funds collectively own 58.96% of IBM.
• Analysts maintain a generally positive outlook, with IBM receiving a “Moderate Buy” consensus rating and an average price target of $265.90. Price targets range from $230 to $350.
• IBM reported quarterly revenue of $17.16 billion, up 1.1% year over year, while matching analysts’ $2.93 EPS estimate. The company also announced a $1.69 quarterly dividend, equivalent to a 2.8% yield.

Strategic Advisors LLC lowered its stake in International Business Machines Corporation (NYSE:IBM - Free Report) by 24.1% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,587 shares of the technology company's stock after selling 2,405 shares during the quarter. Strategic Advisors LLC's holdings in International Business Machines were worth $2,134,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Assetmark Inc. lifted its holdings in shares of International Business Machines by 24.8% during the first quarter. Assetmark Inc. now owns 64,458 shares of the technology company's stock worth $15,624,000 after purchasing an additional 12,791 shares during the period. GLOBALT Investments LLC GA grew its stake in shares of International Business Machines by 19.1% in the fourth quarter. GLOBALT Investments LLC GA now owns 18,288 shares of the technology company's stock worth $5,417,000 after purchasing an additional 2,930 shares during the last quarter. Rice Partnership LLC acquired a new stake in International Business Machines in the fourth quarter valued at $3,317,000. Sage Investment Advisers LLC acquired a new stake in International Business Machines in the fourth quarter valued at $4,101,000. Finally, Flputnam Investment Management Co. bought a new position in International Business Machines during the 2nd quarter worth $15,237,000. 58.96% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting International Business Machines

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

• Positive Sentiment: Lunar AI partnership with NASA: IBM and NASA released the open-source Lunar Foundation Model, trained on decades of lunar observation data. The model reportedly outperformed widely used mapping methods by up to 23% in identifying features such as ice deposits, craters and volcanic formations. The announcement strengthens IBM’s profile in scientific AI, although near-term revenue is likely limited. IBM and NASA Release Open-Source AI Model to Support Lunar Exploration
• Positive Sentiment: Swiss quantum-computing hub: IBM and Lockheed Martin are establishing a quantum innovation hub at ETH Zurich through Switzerland’s defense-offset program. The Swiss National Supercomputing Centre is expected to host the country’s first IBM Quantum System Two, powered by IBM’s Nighthawk r2 processor and integrated with the Alps supercomputer. The arrangement could provide IBM with a government-supported, multi-year deployment while expanding access to researchers and businesses. Research will focus on quantum sensing, navigation and advanced materials. IBM and Lockheed Martin Announce Swiss Quantum Innovation Hub
• Neutral Sentiment: Analyst coverage continues to frame IBM as a diversified way to gain exposure to enterprise AI, hybrid cloud and quantum computing. However, the announcements are primarily strategic and research-oriented, so their effect on revenue and earnings may take years to materialize.
• Negative Sentiment: IBM recently underperformed the broader market, while a shareholder-rights law firm announced an investigation tied to management’s prior preview of weak second-quarter 2026 results. The investigation is not an allegation of wrongdoing, but it adds headline and legal risk. IBM Shareholder Investigation

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. Wedbush set a $350.00 target price on International Business Machines in a report on Tuesday, June 2nd. BMO Capital Markets lowered their price objective on International Business Machines from $270.00 to $230.00 and set a "market perform" rating for the company in a research report on Thursday, July 23rd. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $270.00 price objective on shares of International Business Machines in a research note on Tuesday, July 21st. Needham & Company LLC started coverage on International Business Machines in a report on Wednesday, June 3rd. They issued a "buy" rating on the stock. Finally, The Goldman Sachs Group set a $270.00 target price on shares of International Business Machines in a research report on Thursday, July 23rd. Seventeen analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $265.90.

International Business Machines Stock Up 3.9%

Shares of NYSE:IBM opened at $243.14 on Friday. International Business Machines Corporation has a 1 year low of $199.19 and a 1 year high of $332.46. The company has a debt-to-equity ratio of 1.63, a current ratio of 0.79 and a quick ratio of 0.74. The business's 50-day moving average is $236.88 and its 200-day moving average is $246.36. The company has a market capitalization of $229.07 billion, a price-to-earnings ratio of 21.57, a P/E/G ratio of 2.32 and a beta of 0.71.

International Business Machines (NYSE:IBM - Get Free Report) last released its earnings results on Wednesday, July 22nd. The technology company reported $2.93 EPS for the quarter, hitting the consensus estimate of $2.93. International Business Machines had a return on equity of 35.65% and a net margin of 15.52%.The business had revenue of $17.16 billion during the quarter, compared to analysts' expectations of $17.46 billion. During the same quarter last year, the firm posted $2.80 earnings per share. The firm's revenue was up 1.1% on a year-over-year basis. Equities research analysts predict that International Business Machines Corporation will post 12.33 earnings per share for the current year.

International Business Machines Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, September 10th. Investors 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 2.8%. International Business Machines's dividend payout ratio is currently 59.98%.

Insider Buying and Selling

In other International Business Machines news, SVP Robert Thomas sold 25,000 shares of International Business Machines 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 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.27% of the company's stock.

International Business Machines 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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