International Business Machines Corporation $IBM Shares Purchased by Intech Investment Management LLC

Intech Investment Management LLC grew its holdings in International Business Machines Corporation (NYSE:IBM) by 19.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 151,483 shares of the technology company’s stock after acquiring an additional 25,052 shares during the period. Intech Investment Management LLC’s holdings in International Business Machines were worth $42,742,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Norges Bank purchased a new position in shares of International Business Machines during the 2nd quarter valued at 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. Franklin Resources Inc. boosted its position in International Business Machines by 45.8% during the second quarter. Franklin Resources Inc. now owns 1,313,241 shares of the technology company’s stock worth $387,118,000 after purchasing an additional 412,574 shares in the last quarter. Finally, Geode Capital Management LLC boosted its position in International Business Machines by 1.9% during the second quarter. Geode Capital Management LLC now owns 21,936,235 shares of the technology company’s stock worth $6,444,527,000 after purchasing an additional 400,131 shares in the last quarter. Hedge funds and other institutional investors own 58.96% of the company’s stock.

Key Headlines Impacting International Business Machines

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

• Positive Sentiment: Analysts defend stock and upgrade stance — UBS moved IBM to Neutral from Sell, and other firms (Wedbush, Evercore/Jefferies) have called the recent drop overdone, framing the pullback as a buying opportunity. This reduced downside pressure and supported the rebound. IBM no longer a Sell, says UBS as analysts upgrade stock
• Positive Sentiment: New government contract — IBM won a DoW Defense Commissary Agency contract (ceiling $112M) to modernize electronic shelf labels, which is a tangible revenue/contract win in infrastructure and services. IBM Awarded Defense Commissary Agency Contract
• Positive Sentiment: Insider purchases — Two board directors disclosed open-market buys (Michael Miebach: 434 shares; Michelle J. Howard: 50 shares). Director buying often signals management/board confidence and can reassure investors. SEC filing — Miebach purchase SEC filing — Howard purchase
• Neutral Sentiment: Mixed analyst price-target moves — Morgan Stanley cut its price target to $247 with an “equal weight” rating, reflecting more cautious near-term sentiment even as some firms raise targets. This creates mixed signals for investors. Morgan Stanley price target change
• Neutral Sentiment: Market narrative vs fundamentals — Several outlets argue the Feb. 23 selloff was an overreaction given IBM’s recent beat on Q4 results, strong free cash flow and product/AI positioning; but the debate keeps volatility elevated. IBM’s Steep Drop on AI Fears May Be an Overreaction
• Negative Sentiment: AI disruption fear remains a headline risk — Anthropic’s Claude Code announcement sparked a sharp 13% one-day decline by suggesting automation of COBOL modernization, which pressured IBM’s legacy mainframe/consulting revenue narrative and triggered sector contagion. That perceived threat still hangs over sentiment. IBM posts steepest daily drop after Anthropic Claude Code

Analysts Set New Price Targets

IBM has been the subject of several research analyst reports. Stifel Nicolaus upped their target price on International Business Machines from $325.00 to $340.00 and gave the stock a “buy” rating in a research note on Thursday, January 29th. Bank of America upped their price objective on shares of International Business Machines from $315.00 to $335.00 and gave the stock a “buy” rating in a research report on Tuesday, January 13th. Wall Street Zen downgraded shares of International Business Machines from a “buy” rating to a “hold” rating in a report on Sunday, January 11th. UBS Group raised shares of International Business Machines from a “sell” rating to a “neutral” rating and set a $236.00 target price for the company in a research note on Wednesday. Finally, BMO Capital Markets reaffirmed a “market perform” rating and issued a $350.00 price target on shares of International Business Machines in a research note on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $320.87.

International Business Machines Stock Performance

NYSE:IBM opened at $237.75 on Thursday. The company has a market cap of $222.24 billion, a P/E ratio of 21.32, a P/E/G ratio of 2.30 and a beta of 0.69. International Business Machines Corporation has a twelve month low of $214.50 and a twelve month high of $324.90. The company’s 50-day moving average price is $289.56 and its 200-day moving average price is $283.85. The company has a current ratio of 0.96, a quick ratio of 0.92 and a debt-to-equity ratio of 1.67.

International Business Machines (NYSE:IBM) last released its quarterly earnings data on Wednesday, January 28th. The technology company reported $4.52 EPS for the quarter, beating analysts’ consensus estimates of $4.33 by $0.19. The company had revenue of $19.69 billion during the quarter, compared to the consensus estimate of $19.23 billion. International Business Machines had a net margin of 15.69% and a return on equity of 38.15%. International Business Machines’s quarterly revenue was up 12.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $3.92 EPS. On average, sell-side analysts forecast that International Business Machines Corporation will post 10.78 earnings per share for the current fiscal year.

International Business Machines Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Tuesday, February 10th will be given a dividend of $1.68 per share. The ex-dividend date is Tuesday, February 10th. This represents a $6.72 dividend on an annualized basis and a yield of 2.8%. International Business Machines’s dividend payout ratio (DPR) is presently 60.27%.

Insider Buying and Selling at International Business Machines

In related news, Director David N. Farr bought 1,000 shares of the company’s stock in a transaction on Friday, January 30th. The stock was bought at an average cost of $304.00 per share, for a total transaction of $304,000.00. Following the acquisition, the director directly owned 9,258 shares in the company, valued at $2,814,432. This represents a 12.11% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Michael Miebach purchased 434 shares of International Business Machines stock in a transaction dated Wednesday, February 25th. The shares were bought at an average price of $233.33 per share, for a total transaction of $101,265.22. Following the acquisition, the director owned 434 shares in the company, valued at approximately $101,265.22. This trade represents a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last 90 days, insiders acquired 1,484 shares of company stock valued at $417,157. 0.18% of the stock is owned by company insiders.

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.