Signature Wealth Management Group Trims Stock Holdings in International Business Machines Corporation $IBM

Signature Wealth Management Group lowered its holdings in shares of International Business Machines Corporation (NYSE:IBM) by 53.0% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 8,471 shares of the technology company’s stock after selling 9,562 shares during the quarter. Signature Wealth Management Group’s holdings in International Business Machines were worth $2,390,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Vanguard Group Inc. grew its holdings in shares of International Business Machines by 2.1% in the second quarter. Vanguard Group Inc. now owns 95,051,475 shares of the technology company’s stock worth $28,019,274,000 after purchasing an additional 1,913,708 shares during the last quarter. State Street Corp boosted its position in International Business Machines by 0.3% in the 2nd quarter. State Street Corp now owns 54,536,963 shares of the technology company’s stock valued at $16,076,406,000 after buying an additional 147,721 shares during the period. Geode Capital Management LLC grew its stake in International Business Machines by 1.9% in the 2nd quarter. Geode Capital Management LLC now owns 21,936,235 shares of the technology company’s stock worth $6,444,527,000 after acquiring an additional 400,131 shares in the last quarter. Legal & General Group Plc raised its stake in shares of International Business Machines by 3.4% during the second quarter. Legal & General Group Plc now owns 7,126,503 shares of the technology company’s stock valued at $2,100,751,000 after acquiring an additional 234,318 shares in the last quarter. Finally, Norges Bank purchased a new stake in shares of International Business Machines in the second quarter valued at approximately $2,011,122,000. Hedge funds and other institutional investors own 58.96% of the company’s stock.

Key International Business Machines News

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

A number of brokerages have weighed in on IBM. Stifel Nicolaus lifted their target price on International Business Machines from $295.00 to $325.00 and gave the company a “buy” rating in a research report on Tuesday, December 9th. Morgan Stanley decreased their price objective on International Business Machines from $256.00 to $252.00 and set an “equal weight” rating for the company in a report on Thursday, October 23rd. Erste Group Bank upgraded shares of International Business Machines from a “hold” rating to a “buy” rating in a report on Friday, December 5th. Jefferies Financial Group upgraded shares of International Business Machines from a “hold” rating to a “buy” rating and boosted their price target for the company from $300.00 to $360.00 in a report on Monday, January 5th. Finally, Royal Bank Of Canada increased their price objective on shares of International Business Machines from $300.00 to $350.00 and gave the company an “outperform” rating in a research note on Monday, January 5th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, International Business Machines presently has a consensus rating of “Moderate Buy” and a consensus target price of $303.38.

International Business Machines Stock Performance

Shares of International Business Machines stock opened at $305.82 on Monday. The company has a market capitalization of $285.86 billion, a PE ratio of 36.58, a P/E/G ratio of 2.96 and a beta of 0.70. The company has a 50-day simple moving average of $303.46 and a two-hundred day simple moving average of $282.40. 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.

International Business Machines (NYSE:IBM) last issued its quarterly earnings data on Wednesday, October 22nd. The technology company reported $2.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.45 by $0.20. The firm had revenue of $16.33 billion for 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%. The company’s quarterly revenue was up 9.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.30 EPS. Research analysts expect that International Business Machines Corporation will post 10.78 EPS for the current fiscal year.

International Business Machines Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Monday, November 10th were given a dividend of $1.68 per share. The ex-dividend date of this dividend 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 dividend payout ratio is presently 80.38%.

About International Business Machines

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.