Total Clarity Wealth Management Inc. Sells 3,538 Shares of International Business Machines Corporation $IBM

Key Points

• Total Clarity Wealth Management cut its IBM stake by 66.8% in Q4, selling 3,538 shares and leaving 1,760 shares valued at $521,000.
• IBM topped estimates for the quarter with $1.91 EPS vs. $1.81 expected and revenue of $15.92 billion (up 9.5% year-over-year) versus $15.60 billion projected.
• IBM raised its quarterly dividend to $1.69 per share (annualized $6.76, 2.9% yield, ex-dividend May 8), while analysts maintain a consensus "Moderate Buy" with an average price target of $296.18.

Total Clarity Wealth Management Inc. decreased its stake in International Business Machines Corporation (NYSE:IBM - Free Report) by 66.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,760 shares of the technology company's stock after selling 3,538 shares during the period. Total Clarity Wealth Management Inc.'s holdings in International Business Machines were worth $521,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Waverton Investment Management Ltd boosted its position in shares of International Business Machines by 3.3% during the 3rd quarter. Waverton Investment Management Ltd now owns 993,743 shares of the technology company's stock valued at $280,439,000 after acquiring an additional 32,072 shares during the last quarter. Newbridge Financial Services Group Inc. boosted its position in shares of International Business Machines by 30.0% during the 4th quarter. Newbridge Financial Services Group Inc. now owns 13,122 shares of the technology company's stock valued at $3,887,000 after acquiring an additional 3,029 shares during the last quarter. NEOS Investment Management LLC boosted its position in shares of International Business Machines by 51.7% during the 3rd quarter. NEOS Investment Management LLC now owns 114,395 shares of the technology company's stock valued at $32,278,000 after acquiring an additional 38,973 shares during the last quarter. American National Bank & Trust boosted its position in shares of International Business Machines by 26.2% during the 3rd quarter. American National Bank & Trust now owns 12,537 shares of the technology company's stock valued at $3,537,000 after acquiring an additional 2,603 shares during the last quarter. Finally, Advisors Capital Management LLC boosted its position in shares of International Business Machines by 3.8% during the 3rd quarter. Advisors Capital Management LLC now owns 347,155 shares of the technology company's stock valued at $97,953,000 after acquiring an additional 12,623 shares during the last quarter. Institutional investors own 58.96% of the company's stock.

Insider Activity

In other International Business Machines news, Director Michael Miebach bought 434 shares of the company's stock in a transaction on Wednesday, February 25th. The stock was acquired at an average price of $233.33 per share, for a total transaction of $101,265.22. Following the completion of the transaction, the director directly owned 434 shares of the company's stock, valued at approximately $101,265.22. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.27% of the stock is owned by company insiders.

Key International Business Machines News

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

• Positive Sentiment: U.S. quantum policy bill advances, shifting emphasis to commercialization, clearer funding and real-world deployments starting as soon as 2026 — an outcome that could accelerate demand for IBM’s quantum hardware, software and services. Article Title
• Positive Sentiment: Wall Street attention on quantum/AI names rises — IBM is named among top quantum stocks to watch, which can lift multiple and investor interest in the company’s long-term growth areas. Article Title
• Positive Sentiment: IBM and Ferrari added new AI features to the Scuderia Ferrari app — a high-visibility commercial proof point for IBM’s AI offerings and fan-engagement use cases ahead of major sporting events. Article Title
• Positive Sentiment: IBM launched “Bob,” an AI-powered development tool for the software lifecycle — strengthens IBM’s enterprise AI stack and could boost service and software revenue if adoption scales. Article Title
• Positive Sentiment: Partnership with Dallara to apply AI and quantum to vehicle design — technology leadership and industry partnerships that showcase practical quantum/AI applications and potential service opportunities. Article Title
• Positive Sentiment: IBM to open AI and quantum hubs (Chicago, Massachusetts) and add ~750 jobs — signals continued investment in talent and capacity to execute on enterprise AI/quantum strategy. Article Title
• Neutral Sentiment: Erste Group raised FY2027 EPS estimates modestly, but maintains a Hold — incremental analyst support rather than an outright upgrade. Article Title
• Neutral Sentiment: Smaller ecosystem and market mentions (Elektros joining IBM ecosystem, AI drug-discovery reports) provide additional validation but are unlikely to move near-term earnings materially. Article Title
• Negative Sentiment: A few headlines noted short-term stock softness around partnership announcements in premarket coverage — suggests some volatility as investors digest execution risks and timing. Article Title

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Erste Group Bank downgraded International Business Machines from a "buy" rating to a "hold" rating in a research report on Wednesday, February 18th. JPMorgan Chase & Co. dropped their price target on 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. Citigroup started coverage on International Business Machines in a research report on Friday, April 10th. They issued a "buy" rating and a $285.00 price target for the company. Bank of America lifted their price target on International Business Machines from $315.00 to $335.00 and gave the stock a "buy" rating in a research report on Tuesday, January 13th. Finally, BMO Capital Markets dropped their price target on International Business Machines from $290.00 to $270.00 and set a "market perform" rating for the company in a research report on Thursday, April 23rd. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $296.18.

International Business Machines Trading Up 0.6%

IBM opened at $232.35 on Friday. The firm has a market cap of $218.38 billion, a P/E ratio of 20.54, a P/E/G ratio of 2.39 and a beta of 0.58. International Business Machines Corporation has a 12 month low of $220.72 and a 12 month high of $324.90. The company has a current ratio of 0.80, a quick ratio of 0.76 and a debt-to-equity ratio of 1.75. The stock has a 50-day moving average of $243.51 and a 200 day moving average of $278.87.

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, topping the consensus estimate of $1.81 by $0.10. International Business Machines had a return on equity of 37.23% and a net margin of 15.61%.The company had revenue of $15.92 billion during the quarter, compared to analyst estimates of $15.60 billion. During the same quarter last year, the business posted $1.60 earnings per share. The firm's revenue was up 9.5% on a year-over-year basis. As a group, research analysts forecast that International Business Machines Corporation will post 12.38 EPS for the current year.

International Business Machines Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Friday, May 8th will be given a dividend of $1.69 per share. This represents a $6.76 annualized dividend and a dividend yield of 2.9%. This is a boost from International Business Machines's previous quarterly dividend of $1.68. The ex-dividend date is Friday, May 8th. International Business Machines's dividend payout ratio (DPR) is presently 59.77%.

International Business Machines 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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