SteelPeak Wealth LLC Lowers Position in International Business Machines Corporation $IBM

SteelPeak Wealth LLC trimmed its position in shares of International Business Machines Corporation (NYSE:IBM) by 29.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,849 shares of the technology company’s stock after selling 13,526 shares during the quarter. SteelPeak Wealth LLC’s holdings in International Business Machines were worth $8,986,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Norges Bank acquired a new position in shares of International Business Machines in the second quarter worth about $2,011,122,000. Vanguard Group Inc. increased its stake in shares of International Business Machines by 2.1% in the 2nd quarter. Vanguard Group Inc. now owns 95,051,475 shares of the technology company’s stock valued at $28,019,274,000 after purchasing an additional 1,913,708 shares in the last quarter. Laurel Wealth Advisors LLC raised its holdings in International Business Machines by 27,928.2% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,903,116 shares of the technology company’s stock worth $561,001,000 after purchasing an additional 1,896,326 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in International Business Machines by 6.5% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 8,636,725 shares of the technology company’s stock worth $2,147,608,000 after purchasing an additional 524,633 shares during the period. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in International Business Machines during the second quarter worth approximately $133,771,000. 58.96% of the stock is owned by hedge funds and other institutional investors.

International Business Machines Stock Performance

IBM opened at $296.07 on Friday. International Business Machines Corporation has a twelve month low of $214.50 and a twelve month high of $324.90. The firm has a market capitalization of $276.75 billion, a PE ratio of 35.42, a PEG ratio of 2.95 and a beta of 0.70. The company has a current ratio of 0.93, a quick ratio of 0.89 and a debt-to-equity ratio of 1.97. The firm’s 50-day moving average price is $304.87 and its 200 day moving average price is $281.41.

International Business Machines (NYSE:IBM) last released its quarterly earnings data on Wednesday, October 22nd. The technology company reported $2.65 EPS for the quarter, beating analysts’ consensus estimates of $2.45 by $0.20. The company had revenue of $16.33 billion during the quarter, compared to the consensus estimate of $16.10 billion. International Business Machines had a net margin of 12.09% and a return on equity of 37.76%. International Business Machines’s quarterly revenue was up 9.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.30 EPS. As a group, sell-side analysts expect that International Business Machines Corporation will post 10.78 EPS for the current fiscal year.

International Business Machines Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Monday, November 10th were given a dividend of $1.68 per share. The ex-dividend date was Monday, November 10th. This represents a $6.72 dividend on an annualized basis and a yield of 2.3%. International Business Machines’s dividend payout ratio (DPR) is presently 80.38%.

Key Stores Impacting International Business Machines

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

• Positive Sentiment: Long-term bullish takes highlight IBM’s leadership in quantum computing — analysts and commentators point to IBM’s clear roadmap, R&D resources and enterprise positioning as reasons it could be one of the better quantum plays over the next decade. What Is One of the Best Quantum Computing Stocks to Own for the Next 10 Years?
• Positive Sentiment: Coverage of the quantum sector frames IBM as a lower-risk way to get quantum exposure because it pairs quantum R&D with a diversified, cash-generating legacy business — a point that supports longer-term investor confidence. (MarketBeat summary)
• Positive Sentiment: Sector pieces forecasting quantum and AI growth (including Zacks’ roundup) list IBM among the industry winners, reinforcing a durable growth narrative that can support higher valuation expectations over time. Quantum Investing in 2026: Hit the Jackpot With the Best 3 Stocks
• Neutral Sentiment: IBM published views on AI trends for 2026 (expecting smarter models vs. simply bigger ones); this supports strategy credibility but is a gradual, not immediate, catalyst. What Will AI Progress Look Like in 2026? IBM Gives Its Prediction
• Neutral Sentiment: Zacks’ analyst model changes are mixed: small upward tweaks to FY2026/FY2027 and Q4/Q3 2026 EPS, alongside a tiny cut to a later-quarter estimate — overall not a major revision but it adds nuance to near-term expectations. (Research-note summaries)
• Negative Sentiment: Wall Street reaction to IBM’s recent Confluent acquisition remains mixed; some analysts see strategic upside for enterprise generative AI, while others remain cautious — the divergence can pressure the stock as investors reassess integration risk and near-term costs. Wall Street Has a Mixed Opinion in International Business Machines (IBM), Here’s Why
• Negative Sentiment: Intraday market data shows IBM’s decline is large enough to weigh on passive funds (VOO noted IBM as a contributor to its drop), indicating broad-market selling pressure beyond company-specific fundamentals. VOO is down 0.4% today, on IBM stock price movement

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Royal Bank Of Canada cut their price objective on International Business Machines from $315.00 to $300.00 and set an “outperform” rating for the company in a research report on Thursday, October 23rd. Bank of America upped their price objective on shares of International Business Machines from $310.00 to $315.00 and gave the stock a “buy” rating in a research report on Thursday, October 23rd. Jefferies Financial Group lifted their target price on shares of International Business Machines from $280.00 to $305.00 and gave the company a “hold” rating in a research report on Tuesday, October 21st. BMO Capital Markets upped their price target on shares of International Business Machines from $300.00 to $305.00 and gave the stock a “market perform” rating in a research report on Thursday, October 23rd. Finally, Stifel Nicolaus lifted their price objective on International Business Machines from $295.00 to $325.00 and gave the stock a “buy” rating in a report on Tuesday, December 9th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $293.38.

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.