NorthCrest Asset Manangement LLC Decreases Stock Position in International Business Machines Corporation $IBM

NorthCrest Asset Manangement LLC decreased its holdings in shares of International Business Machines Corporation (NYSE:IBM) by 3.8% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 88,304 shares of the technology company’s stock after selling 3,533 shares during the period. NorthCrest Asset Manangement LLC’s holdings in International Business Machines were worth $25,950,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of IBM. Norges Bank purchased a new position in shares of International Business Machines in the second quarter worth $2,011,122,000. Vanguard Group Inc. increased its position 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 acquiring an additional 1,913,708 shares during the period. Laurel Wealth Advisors LLC raised its stake 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 acquiring an additional 1,896,326 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in International Business Machines during the 2nd quarter worth about $133,771,000. Finally, Franklin Resources Inc. grew its stake in International Business Machines by 45.8% during the 2nd quarter. Franklin Resources Inc. now owns 1,313,241 shares of the technology company’s stock valued at $387,118,000 after purchasing an additional 412,574 shares during the last quarter. 58.96% of the stock is owned by hedge funds and other institutional investors.

International Business Machines Stock Up 2.6%

IBM stock opened at $305.82 on Monday. International Business Machines Corporation has a one year low of $214.50 and a one year high of $324.90. The company has a debt-to-equity ratio of 1.97, a quick ratio of 0.89 and a current ratio of 0.93. The firm’s fifty day moving average is $303.46 and its 200 day moving average is $282.40. The firm has a market cap of $285.86 billion, a PE ratio of 36.58, a P/E/G ratio of 2.96 and a beta of 0.70.

International Business Machines (NYSE:IBM) last posted its earnings results on Wednesday, October 22nd. The technology company reported $2.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.45 by $0.20. International Business Machines had a net margin of 12.09% and a return on equity of 37.76%. The business had revenue of $16.33 billion for the quarter, compared to analyst estimates of $16.10 billion. During the same period in the prior year, the company posted $2.30 EPS. The company’s revenue for the quarter was up 9.1% on a year-over-year basis. On average, research analysts forecast that International Business Machines Corporation will post 10.78 EPS for the current year.

International Business Machines Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Monday, November 10th were given a $1.68 dividend. The ex-dividend date was Monday, November 10th. This represents a $6.72 dividend on an annualized basis and a dividend yield of 2.2%. International Business Machines’s payout ratio is 80.38%.

International Business Machines News Summary

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

• Positive Sentiment: IBM launched “Enterprise Advantage,” an asset‑based consulting service to help clients build, govern and operate internal AI platforms at scale — a product aimed directly at accelerating enterprise AI adoption and recurring revenue. IBM Launches Enterprise Advantage Service to Help Businesses Scale Agentic AI
• Positive Sentiment: IBM announced a deployment with telecom operator e& to embed enterprise‑grade agentic AI (powered by watsonx Orchestrate) into governance and compliance systems — a commercial win that validates IBM’s enterprise AI positioning. e& and IBM Unveil Enterprise-Grade Agentic AI to Transform Governance and Compliance
• Positive Sentiment: BofA raised its IBM price target to $335 (from $315) and kept a Buy rating, citing strong free cash flow prospects and a shift to higher‑margin software despite some near‑term margin pressure — a notable shop‑up that can support further upside. BofA lifts IBM target, sees strong cash flow despite near-term margin pressure
• Positive Sentiment: Media and pundit endorsements (including recent pieces from The Motley Fool and commentary from Jim Cramer) are highlighting IBM’s AI momentum, quantum potential, and dividend reliability — supportive for investor sentiment and retail buying interest. 3 Reasons to Buy IBM Stock Right Now
• Neutral Sentiment: IBM’s Institute for Business Value released a study projecting significant AI‑driven productivity and revenue shifts by 2030 — supportive data for the long‑term thesis but not an immediate revenue driver. IBM Study: AI Poised to Drive Smarter Business Growth Through 2030
• Neutral Sentiment: Public mentions of IBM in political trading summaries are present but not material to company fundamentals; these are largely noise for investors focused on operational catalysts. Net Worth Update: Representative Judy Chu Made an Estimated $213.5K in the Stock Market Last Month

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on IBM. Erste Group Bank upgraded International Business Machines from a “hold” rating to a “buy” rating in a research note on Friday, December 5th. UBS Group restated a “sell” rating on shares of International Business Machines in a research note on Tuesday, December 9th. BMO Capital Markets increased their price objective on shares of International Business Machines from $300.00 to $305.00 and gave the stock a “market perform” rating in a research note on Thursday, October 23rd. Stifel Nicolaus boosted their target price on shares of International Business Machines from $295.00 to $325.00 and gave the company a “buy” rating in a research report on Tuesday, December 9th. Finally, Weiss Ratings raised International Business Machines from a “hold (c+)” rating to a “buy (b)” rating in a research report on Saturday, October 25th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $303.38.

International Business Machines Company 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.